Damac Riverside Views - Royal 1

Key facts

Handover

Q1 2029

Status

Under construction

Construction progress

0%

Ownership

freehold

Property types

apartment

Availability

Available

Payment plan

Available units

Amenities

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

Location

Damac Riverside Views - Royal 1 sits in Royal 1.

Master plan

The developer’s own site plan for Damac Riverside Views - Royal 1, showing how the buildings, roads and open space sit together.

How Damac Riverside Views - Royal 1 compares

Entry here is AED 1.2M, against a median of AED 1.2M across the 13 priced projects in Riverside Views, which puts it above 7 of them and below 5. The plan opens at 20% down, against a Dubai median of 10%, so it asks 10% more up front than the typical plan. Handover lands in Q1 2029, alongside 100 other projects completing in the same quarter. Damac Properties has 167 projects in our catalogue, 15 of them in Riverside Views.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

What you pay, and when

The published payment plan is 20% on booking, 50% during construction and 30% at handover. At the AED 1,194,000 entry price, that is AED 239,000 to reserve a unit, AED 597,000 across the build, and AED 358,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 48,000 at this entry price. That 20% booking payment does not go to Damac Properties directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 785 square feet at AED 1,194,000, which works out at AED 1,521 per square foot. Stated sizes run from 785 to 1,323 square feet.

Handover and construction

Handover is scheduled for Q1 2029. Construction was last recorded at 0% complete.

Ownership and residency

Damac Riverside Views - Royal 1 is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is below the AED 2,000,000 property threshold for the 10 year UAE golden visa.

Who it suits

The development is apartments in 1 to 2 bedroom layouts. Sales have not opened yet, so the published figures are launch guidance rather than a live price list.

What is on site

Shared facilities recorded for Damac Riverside Views - Royal 1 are the standard Dubai block: indoor swimming pool, landscaped gardens, CCTV security, gymnasium, restaurants and children's play area. 3 floor plans are published for it.

Frequently asked