DAMAC Riverside – Olive Townhouses in Dubai

Project Details

Developer: DAMAC Properties
Location: DAMAC Riverside, Dubai
Property Type: 4 & 5 Bedroom Townhouses
Starting Price: From AED 2.6 Million
Size Range: 2,297 sq. ft. – 3,407 sq. ft.
Ownership Type: Freehold
Handover: Q2 2028
Service Charge: Approx. AED 4.00 / sq. ft.
Payment Plan: Flexible 70/30, with post-handover options

Overview of DAMAC Riverside – Olive

DAMAC Riverside – Olive is a premium residential development located in the vibrant DAMAC Riverside community in Dubai. This exclusive collection of 4 and 5-bedroom luxury townhouses is designed for those who seek modern living blended with nature and wellness-focused amenities. Inspired by some of the world’s most iconic cities such as London, Paris, Rome, and New York, Olive’s architectural design integrates elegant exteriors, spacious interiors, and resort-style living, creating a unique lifestyle destination in Dubai.

Strategically positioned between Jebel Ali Al-Hibab Road and Emirates Road, DAMAC Riverside ensures excellent connectivity to Dubai Marina, Downtown Dubai, Expo City Dubai, and Al Maktoum International Airport. With a strong emphasis on sustainability, wellness, and community living, Olive at DAMAC Riverside sets a new standard for luxury family living in Dubai’s real estate market.

Property Information

Olive at DAMAC Riverside offers a limited selection of townhouses characterized by open-plan layouts, high-end finishes, and private outdoor spaces. The townhouses range from 4-bedroom family homes to spacious 5-bedroom residences, each designed to optimize natural light and functional living spaces. Modern kitchens, stylish bedrooms, and generous balconies/terraces ensure both comfort and elegance for residents.

Detailed Project Description

DAMAC Riverside – Olive is more than just a residential project; it is a lifestyle hub designed for holistic living. Residents are welcomed into a meticulously landscaped community with serene water lagoons, hydroponic gardens, and wellness-centric facilities. The development is carefully planned to integrate recreational, social, and cultural amenities within walking distance of every home.

At Olive, life revolves around wellness, leisure, and social connectivity. The development features a floating cinema and open-air opera stage, where residents can enjoy cultural and entertainment experiences like no other. Culinary enthusiasts can participate in cooking classes, source fresh produce from hydroponic farms, or dine at world-class waterfront restaurants within the community.

Families will appreciate dedicated children’s play areas, adventure zones, and educational recreational spaces. Sports lovers can take advantage of calisthenics stations, aqua fitness facilities, and multipurpose sports grounds. The Zen Spa and meditation zones provide a perfect retreat from the bustling city, emphasizing relaxation and rejuvenation.

With sustainable practices embedded into the community’s design, including organic farming, energy-efficient infrastructure, and green open spaces, DAMAC Riverside – Olive appeals to modern homeowners and investors seeking long-term value.

Payment Plans

DAMAC Riverside – Olive offers 70/30 flexible and investor-friendly payment plan designed to accommodate various financial needs. Typical plans include a low booking amount, easy installment schedules during construction, and post-handover payment options. This flexibility makes Olive a compelling choice for end-users seeking luxury living and investors looking for high ROI in Dubai’s growing real estate market.

Detailed payment breakdowns are available upon request.

Economic Appeal of DAMAC Riverside – Olive

Dubai’s real estate market continues to attract global investors due to its strong economic fundamentals, tax-free environment, and ongoing infrastructural developments. DAMAC Riverside – Olive benefits from its prime location near key business and leisure hubs, offering significant capital appreciation potential. The project’s luxury positioning, combined with wellness-oriented features and DAMAC’s reputable track record, ensures high rental yields and long-term value.

With Dubai’s population growth, booming tourism industry, and government initiatives like the Dubai 2040 Urban Master Plan, properties in strategically located communities like DAMAC Riverside are expected to see sustained demand. Olive’s blend of exclusivity, connectivity, and lifestyle offerings positions it as a sound investment choice for both local and international buyers.

Nearby Attractions and Distances

• Al Maktoum International Airport: 10 minutes

• Expo City Dubai: 14 minutes

• Global Village: 16 minutes

• Mall of the Emirates: 19 minutes

• DAMAC Mall: 19 minutes

• Downtown Dubai & Dubai Mall: 25 minutes

• Dubai Marina & Palm Jumeirah: 25 minutes

• Dubai International Airport: 30 minutes

Amenities and Facilities

Floating Cinema & Open-Air Opera Stage
Enjoy an immersive entertainment experience with a unique floating cinema and cultural performances under the stars.

Zen Spa & Wellness Facilities
A dedicated wellness sanctuary featuring a spa, essential oil-infused lakes, meditation rooms, and relaxation areas designed for complete rejuvenation.

Hydroponic Farms & Organic Gardens
Promoting sustainable living with on-site organic farming, fresh produce for residents, and interactive culinary classes.

Aqua Fitness & Calisthenics Zones
Fitness enthusiasts can enjoy state-of-the-art aqua fitness pools, calisthenics equipment, and multi-purpose sports grounds.

Clubhouse & Social Spaces
An exclusive clubhouse with a gym, coworking lounges, game zones, and dining outlets, fostering community engagement.

Children’s Play & Adventure Zones
Safe, educational, and fun areas designed to entertain and engage children of all ages.

Lagoon-Style Swimming Pools & Landscaped Gardens
Scenic water features, lush greenery, and serene surroundings enhance the community’s aesthetic and recreational appeal.

Dining Outlets & Gourmet Experiences
Residents can indulge in world-class cuisine at island-inspired restaurants and cafes, perfect for family gatherings or socializing with friends.

About DAMAC Properties

Founded in 2002, DAMAC Properties has established itself as one of the UAE’s most prominent luxury real estate developers. Known for its innovative approach, quality construction, and partnerships with global brands such as Versace and Fendi, DAMAC has delivered some of Dubai’s most iconic residential, commercial, and leisure projects.

The company specializes in creating lifestyle-driven communities that integrate world-class amenities, sustainable practices, and architectural excellence. DAMAC’s developments, from premium apartments in the heart of the city to exclusive golf course villas, have consistently attracted investors and homeowners seeking quality and value. With a commitment to excellence, DAMAC continues to set benchmarks in Dubai’s competitive real estate market.

FAQs

1. What types of properties are available at DAMAC Riverside – Olive?
Olive offers 4 and 5-bedroom luxury townhouses with modern designs and private outdoor spaces.

2. Is Olive at DAMAC Riverside a freehold property?
Yes, it is a freehold development, making it ideal for both UAE residents and international investors.

3. What is the starting price for Olive townhouses?
The starting price is approximately AED 2.6 million.

4. When is the expected handover?
The project is scheduled for handover in Q2 2028.

5. What amenities are included in the community?
Amenities include a floating cinema, Zen Spa, hydroponic farms, aqua fitness zones, clubhouse, children’s play areas, and more.

6. How well connected is the location?
Olive is strategically located between Jebel Ali Al-Hibab Road and Emirates Road, offering easy access to Dubai Marina, Downtown, Expo City, and major airports.

7. Is there a flexible payment plan available?
Yes, DAMAC offers 70/30 investor-friendly payment, including post-handover plans.

8. Why invest in DAMAC Riverside – Olive?
Its prime location, luxury amenities, strong developer reputation, and high ROI potential make it a standout investment choice.

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