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Riverside - Olive by DAMAC Properties, developer's renderSales open soon · Freehold
Damac Riverside · Dubai

Riverside - Olive

by DAMAC Properties · handover Q2 2028

AED 4.3Mstarting price today
AED 1,752registered per sq ft
162sales in 12 months
Get the brochure & planWhatsApp Atif
Q2 2028Planned handover
DAMAC PropertiesDeveloper
FreeholdOwnership
4 to 5 bedroomsHomes on offer
About the project

Riverside - Olive, in plain numbers.

Riverside - Olive is an off-plan residential project by DAMAC Properties in Damac Riverside (Dubai Investment Park Second), Dubai. Handover is planned for Q2 2028. The register shows 162 sales since October 2025, 162 of them in the last twelve months, at a median of AED 1,752 per sq ft.

Our view
  • 29% above ready resales in Dubai Investment Park Second per sq ft
  • 162 registered off-plan sales in 12 months

Registered projects only. Every project we show is registered with the Dubai Land Department; payments go into a RERA-supervised escrow account in the developer's name.

Prices and units

What is in Riverside - Olive.

Units by type from the Land Department's register, the prices they have sold at, and the developer’s price list on request.

TypeUnits in the projectTypical sizeRegistered sales, 2 yearsMedian priceAED / sq ft
4 bedrooms—1,550 sq ft145AED 2,723,5201,747
5 bedrooms—2,367 sq ft17AED 4,368,5551,775

Matched to the Land Department project Damac Riverside Olive.

Payment plan

How you pay.

  1. 20%
    On booking (down payment)20% of the price, about AED 860K on the starting price
  2. 60%
    During construction60% of the price, about AED 2.58M on the starting price
  3. 20%
    On handover20% of the price, about AED 860K on the starting price

A post-handover plan is also offered, where part of the price is paid after you receive the keys; ask us for its schedule.

Payment plan 20/60/20 as published by the developer, checked 26 Sept 2026. Plans change during a launch; we confirm the current one in writing before you reserve.

From the Land Department register

What Riverside - Olive actually sells for.

Registered sale prices, not the developer's list prices.

AED 1,752median per sq ft, last 12 months
162sales registered in 12 months
162sales registered in total, since October 2025
+29%against ready homes in Dubai Investment Park Second (AED 1,358 per sq ft)
1,6001,7001,8001,9002,000 2025 Q4: AED 1,744 per sq ft, 116 sales2026 Q1: AED 1,830 per sq ft, 21 sales2026 Q2: AED 1,812 per sq ft, 15 sales2026 Q3: AED 1,758 per sq ft, 10 sales Q4 ’24Q1 ’25Q2 ’25Q3 ’25Q4 ’25Q1 ’26Q2 ’26Q3 ’26 0000116211510 sales
1,6001,7001,8001,9002,000 2025 Q4: AED 1,744 per sq ft, 116 sales2026 Q1: AED 1,830 per sq ft, 21 sales2026 Q2: AED 1,812 per sq ft, 15 sales2026 Q3: AED 1,758 per sq ft, 10 sales Q4 ’24Q1 ’25Q2 ’25Q3 ’25Q4 ’25Q1 ’26Q2 ’26Q3 ’26 0000116211510 sales
Median registered price per square foot each quarter; the bars below count the sales. The shaded band holds the middle 60% of sales over the last 12 months.
Most recent registered sales
DateBedroomsSq ftPriceAED / sq ftStage
21 Sept 20265 B/R2,364AED 3,946,6701,669Off-plan
8 Sept 20265 B/R2,357AED 4,067,7001,726Off-plan
31 Aug 20265 B/R2,412AED 4,893,0002,028Off-plan
24 Aug 20265 B/R2,364AED 4,008,5501,696Off-plan
24 Aug 20265 B/R2,364AED 4,228,8001,789Off-plan
24 Aug 20264 B/R1,550AED 2,793,0001,802Off-plan
27 Jul 20265 B/R3,961AED 4,908,0001,239Off-plan
16 Jul 20264 B/R1,550AED 2,883,9301,861Off-plan

Source: Dubai Land Department open data, matched by the registered project name. Unit numbers are never shown.

Location

Where it is.

Damac Riverside, Dubai.

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Buying off-plan in Dubai

What it costs beyond the price.

  • Land Department registration (Oqood): 4% of the price, usually paid with the booking instalment, plus the developer's small registration fee.
  • No agency fee to you when you buy from the developer: the developer pays our commission.
  • Your payments go into the project's escrow account, released to the developer as construction is certified.
  • At handover: service charges start, and a mortgage can finance the final payment if the plan allows it.

General guidance; we confirm every fee for this project in writing before you reserve.

Good to know

Questions people ask.

When is Riverside - Olive handed over?

The developer plans handover for Q2 2028. Launch dates can move, and we track the registered progress for you.

Who is the developer of Riverside - Olive?

DAMAC Properties.

What is the payment plan for Riverside - Olive?

20% on booking (down payment), 60% during construction, 20% on handover. We confirm the current plan in writing before you reserve.

What is the price per square foot in Riverside - Olive?

Registered sales over the last 12 months have a median of AED 1,752 per sq ft, against about AED 1,358 for ready homes in Dubai Investment Park Second.

Can foreigners buy in Riverside - Olive?

Yes. Riverside - Olive is freehold, so buyers of any nationality can own the property outright, registered in their own name with the Land Department.

Is buying off-plan safe?

Payments for a registered off-plan project go into a RERA-supervised escrow account, and your purchase is registered with the Land Department (Oqood). We check the developer's completed projects and the registered sales before we recommend a project.

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From AED 4.3MDAMAC Properties · Q2 2028