This article explores the different aspects of buying in DAMAC Riverside. We explore what this community is all about, why it makes an exceptional investment and how to buy here.
What Is Damac Riverside?
Damac Riverside is a brand-new master community developed by Damac Properties. It showcases a collection of 4 and 5-bedroom townhouses grouped in clusters of just 3 and 4. With a total of just 1900 units, it benefits from low density and enjoys a prime location in close proximity to the soon-to-be-expanded Al Maktoum Airport.
How To Buy Property In Damac Riverside
Purchasing property in Damac Riverside involves several key steps. Here’s a simplified overview of the process:
- Get Familiar With The Project: Gain an initial understanding of the development. If possible, consider visiting similar DAMAC projects for reference.
- Use a Knowledgeable Real Estate Agent: Collaborate with an agent who is well-acquainted with Damac and the Riverside project in particular. A well-versed agent can provide essential guidance and assist with the entire process.
- Evaluate Available Options: Discuss your preferences with your agent and create a shortlist of properties that align with your needs.
- Reserve Your Chosen Property: Move forward by booking your chosen property, which includes paying a deposit and signing initial paperwork.
- Adhere to the Payment Plan: Follow the payment plan outlined in your purchase agreement
- Take Possession and do with the property what you wish; move in, sell or rent.
Property Types Available
At this point in time Damac Riverside offers only townhouses. These are available in a range of 4 and 5-bedroom options and can be found in groups of 3 and 4. In total, the Riverside community will contain just 1900 townhouses ensuring scarcity and exclusivity.
Why Buy in Damac Riverside
Damac Riverside is a great choice for both end users and investors. Here are just some of the reasons why
- Strategic Location: Located near major attractions and business hubs, it offers a perfect blend of leisure and work.
- World-Class Amenities: Expect access to top-tier retail outlets, gourmet restaurants, and health and fitness centres.
- Investment Potential: With the real estate market in Dubai thriving, Damac Riverside offers substantial capital appreciation potential as well as great returns (ROI).
- Community Living: Designed with a focus on community, the area includes a vast array of parks, convenience outlets, recreational areas and much more.
- Popular Property Type: Townhouses have proven to be an exceptionally popular property type in Dubai. This ensures future demand from both investors and end users.
Buying in Riverside Summary
Damac Riverside represents an exceptional opportunity for anyone interested in Dubai’s real estate market. Whether you are investing or finding your dream home, this guide will help prospective buyers make informed decisions and take steps toward ownership in this feature-packed development.