Riverside

Introduction:

Riverside, a large-scale residential community by DAMAC Properties, is situated in Dubai Investments Park. As of May 2024, this development offers 1,900 townhouses with 4-5 bedrooms, inspired by cities such as Rome, Paris, London, New York, and Amsterdam.

Features:

The townhouses range from 2,297 sq. ft to 3,407 sq. ft across two or three storeys. Each unit includes a storage area, laundry room, garage, and balconies. The 5-bedroom units feature a terrace and maid’s room.

Riverside boasts excellent infrastructure with recreational amenities in two zones: Water Vein and Green Vein. Water Vein focuses on leisure and water sports, featuring aquatic fitness areas, splash climbing, essential oil lakes, a floating opera and cinema, and dining options like Portofino Ristorante and Island Restaurant. The Green Vein offers sports, leisure, and functional spaces for personal development, including culinary classes, hydroponic farms, a zen spa, BBQ stations, a calisthenics zone, meditation rooms, an amphitheatre, and a children's adventure land. The clubhouse includes a gym, co-working space, bowling alley, arcade, and outdoor cinema.

Location:

Riverside is conveniently located near the junction of Sheikh Zayed Bin Hamdan Al Nahyan St and Yalais St/Jebel Ali-Al Hibab Rd, ensuring easy commutes across the city. Al Maktoum International Airport and Palm Jumeirah are under 30 minutes away.

Within walking distance, residents have access to Al Maya Supermarket, Aster Pharmacy 2 DIP, and Fida Al Madina Hypermarket. Nibras International School Dubai is also nearby, offering an American Curriculum from Kindergarten to Grade 12.

Families will benefit from proximity to top academic and healthcare facilities, including Greenfield International School, The International School of Choueifat – Dubai Investments Park, and NMC Royal Hospital DIP, all within a 10-minute drive.

Riverside is ideal for those working in Expo City Dubai, located about a 15-minute drive away, which houses offices of local and global businesses such as Siemens Energy, Emirates Airlines, and more.

Investment Potential:

Riverside offers promising investment potential, drawing comparisons with nearby Al Furjan, where a 4-bedroom townhouse yields a 4.9% ROI, with annual rents starting from AED 170K (USD 46K) as of May 2024. This suggests stable passive rental income as the community develops.

Investing in Riverside provides eligibility for a 2-year residency visa. If the property value is AED 2M (USD 545K) or more, buyers can secure a 10-year Golden Visa, both covering the family, with the Golden Visa extending to domestic staff.

Key Highlights:

• 4-5 bedroom townhouses inspired by global cities
• Exceptional amenities in Water Vein and Green Vein zones
• Convenient location with excellent connectivity
• Strong investment potential with high ROI
• Visa eligibility for 2-year residency or 10-year Golden Visa

Amenities:

• Gym
• Outdoor Cinema
• Co-working Space
• Bowling Alley
• Arcade
• BBQ Stations
• Zen Spa
• Children's Adventure Land

Nearby Attractions:

• Expo City Dubai
• Al Maktoum International Airport
• Palm Jumeirah
• Greenfield International School
• NMC Royal Hospital DIP