Off-plantownhouseDamac Properties

Damac Riverside - Olive

Dubai · Dubai Investment Park (DIP) · Dubai Investment Park 2 (DIP 2) · Damac Riverside · Riverside Views · Olive

Key facts

Handover
Q2 2028
Status
Under construction
Ownership
freehold
Property types
townhouse
Availability
Available

Payment plan

Standard

20%

Down payment

60%

During construction

20%

On handover

Available units

TypeArea (sqft)BathroomsLayoutsStarting price
4 bedroom2,297 – 2,42032On request
5 bedroom3,40771On request

Amenities

  • Indoor Swimming Pool
  • Landscaped Gardens
  • CCTV Security
  • Gymnasium
  • Restaurants
  • Children's Play Area

About the project

Nestled within the prestigious Damac Riverside development, Olive offers a premium family living experience in Dubai. This exclusive collection of 4 and 5-bedroom townhouses combines modern sophistication with serene waterfront charm, providing residents with both comfort and style.


Designed by Damac Properties, Olive creates a thoughtfully planned community where families can enjoy spacious layouts, seamless indoor-outdoor living, and a strong connection to the surrounding natural environment. Its strategic position within the larger Damac Riverside master plan ensures tranquility without compromising access to urban conveniences.


Prime Location: Dubai Investment Park 2


Strategic Positioning in Wadi Al Safa 5


Located in Dubai Investment Park 2 (DIP 2), Olive places residents in one of Dubai’s most dynamic and fast-growing areas. The neighborhood offers a perfect balance of urban sophistication and suburban calm, making it ideal for families seeking both convenience and a peaceful environment.


Community Advantages


Damac Riverside – Olive benefits from established infrastructure and amenities, including:


  • Modern Infrastructure: Well-developed roads, utilities, and essential services
  • Family-Friendly Atmosphere: Safe, community-oriented environment
  • Educational Access: Proximity to top-tier international schools
  • Healthcare Facilities: Nearby premium medical centers and hospitals
  • Retail Convenience: Easy access to shopping centers, supermarkets, and dining options
  • Green Spaces: Parks and recreational areas promoting an active, outdoor lifestyle


Residents enjoy waterfront views while remaining well-connected to Dubai’s major business districts, shopping hubs, and entertainment destinations.


Architectural Design and Home Features


Contemporary Design Philosophy


Olive’s design emphasizes privacy, comfort, and community. Each townhouse features modern architecture that maximizes natural light and ventilation, with premium finishes throughout.


Design Highlights:


  • Spacious Floor Plans: Open-concept layouts promoting family interaction
  • Premium Finishes: High-quality materials in every room
  • Private Gardens: Individual outdoor spaces for each home
  • Modern Kitchens: Cutting-edge appliances and stylish cabinetry
  • Master Suites: Premium bedrooms with en-suite bathrooms and walk-in closets
  • Smart Home Integration: Advanced technology for convenience and security
  • Energy Efficiency: Sustainable design elements reducing environmental impact


Generous windows and sliding doors create seamless transitions between indoor and outdoor living, while contemporary lines blend with warm, inviting elements to create a sense of home.


Amenities and Community Facilities


Residents at Olive have access to a comprehensive suite of amenities designed to enhance daily life:


  • Waterfront Promenades: Scenic walking and cycling paths
  • Swimming Pools: Multiple pools including children’s areas
  • Fitness Centers: Fully equipped gyms
  • Sports Facilities: Tennis, basketball, and multi-purpose courts
  • Children’s Play Areas: Safe, engaging playgrounds
  • Retail Outlets: Onsite shopping and dining
  • Community Centers: Spaces for events and social gatherings
  • Landscaped Gardens: Maintained green areas throughout
  • 24/7 Security: Professional personnel and monitoring systems
  • Parking Facilities: Dedicated spaces for residents and visitors


These amenities are thoughtfully distributed to provide convenience while preserving a peaceful residential atmosphere.


Lifestyle and Community Experience


Living at Damac Riverside – Olive promotes family well-being, community connection, and an active lifestyle.


Lifestyle Features:


  • Family-Centric Design: Community spaces and facilities designed for all ages
  • Waterfront Living: Direct access to scenic water views and leisure activities
  • Community Events: Social gatherings and cultural celebrations
  • Pet-Friendly Spaces: Designated areas for family pets
  • Wellness Focus: Fitness, recreational, and health-oriented programs
  • Cultural Diversity: An international community fostering global perspectives


The tranquil waterfront setting offers a peaceful retreat while keeping Dubai’s urban conveniences within reach.


Investment Potential


Olive offers a premium investment opportunity in Dubai’s family housing market. Completion is scheduled for June 2028, giving investors off-plan pricing advantages and potential for strong appreciation.


Investment Advantages:


  • Attractive pricing for premium townhouses
  • Flexible installment plans during construction
  • Capital appreciation potential in a well-established DIP 2 location
  • High demand for family-focused housing
  • Reliable developer with a proven track record
  • Consistent market interest in luxury, family-oriented properties


Connectivity and Accessibility


Olive ensures residents are well-connected to Dubai’s major destinations:


Transportation Links:


  • Major Highways: Easy access to Sheikh Zayed Road and Al Khail Road
  • Public Transportation: Metro stations and bus routes nearby
  • Dubai Marina: 15-minute drive to waterfront dining and entertainment
  • Downtown Dubai: 25 minutes to Burj Khalifa and Dubai Mall
  • Dubai International Airport: Convenient travel connections
  • Business Districts: Quick access to major commercial areas


Developer: Damac Properties


Damac Properties is a leading real estate developer in Dubai, with over two decades of experience delivering premium residential and commercial projects. Known for innovation, quality, and attention to resident satisfaction, Damac has consistently delivered iconic developments with top-tier amenities and thoughtfully designed communities.

Frequently asked

Is Damac Riverside - Olive a good investment?+

Yes, Damac Riverside – Olive is a good investment. The project features 4- and 5-bedroom townhouses designed with spacious layouts, modern architecture, and high-quality finishes. Located in the heart of the Damac Riverside community, Olive offers residents a lifestyle surrounded by green landscapes, waterfront views, and family-oriented facilities. The development provides access to parks, retail outlets, dining venues, and recreational spaces, all within a secure and well-connected environment. Its combination of premium design, community-focused amenities, and strategic location in Dubai enhances long-term value, making Olive an appealing choice for both homeowners and investors seeking consistent returns.

What is the Payment Plan of Damac Riverside - Olive ?+

The payment plan for Damac Riverside – Olive is straightforward:20% Down Payment at the time of sales launch60% spread across installments during the construction period20% due upon handover of the propertyThis structured plan allows you to secure your unit with an initial down payment, make manageable payments during construction, and settle the final amount when you receive the property.

Who is the owner of Damac Riverside - Olive ?+

The owner and developer of Damac Riverside – Olive is Damac Properties, one of Dubai’s leading real estate companies. Known for delivering high-quality residential communities, Damac Properties has established a strong reputation for creating projects that combine modern architecture, premium finishes, and strategic locations. With Olive, Damac continues its tradition of designing family-friendly homes enriched with lifestyle amenities, green spaces, and community-focused facilities. Their expertise and commitment to excellence ensure long-term value for investors and a high standard of living for residents, reinforcing Damac’s position as a trusted name in Dubai’s real estate market.

When is Damac Riverside - Olive's Delivery date?+

The scheduled delivery date for Damac Riverside – Olive is June 2028. This timeline ensures that future homeowners and investors can plan their move or investment strategy with clarity. By this date, residents will gain access to thoughtfully designed 4 and 5-bedroom townhouses equipped with modern layouts, premium finishes, and integrated community amenities. The handover in June 2028 also reflects Damac Properties’ commitment to delivering on schedule, providing buyers with confidence in both the project’s progress and long-term value. This delivery aligns with the overall development goals of the Damac Riverside master community.

Damac Riverside - Olive is an off-plan development by Damac Properties in Olive with handover in Q2 2028. See more Damac Properties projects. Data sourced from the developer/Property Finder and last refreshed 20 Jul 2026 — confirm current details with us before making a decision.