The Riverside project is under construction development by DAMAC Properties , one of the most popular real estate companies in UAE. This high-end residential development will greatly improve the quality of life for its residents thanks to its modern architecture, beautiful surroundings, and high-end housing choices. Here buyers have an opportunity to choose an interesting payment plan.
Overview of DAMAC Riverside
DAMAC Riverside is a freehold project comprising of apartment units in one of Dubai’s most desirable locations, boasting the breathtaking Dubai Canal and skyline views. The project consists in luxury facilities, modern architecture and design solutions, and a location near the significant regions of the city.
Payment Plan Structure:
The payment structure of DAMAC Riverside is quite strategic and favourable for the buyer since it makes the payment plan convenient for investors and homeowners. At Damac Riverside, there is a unique payment option in which clients pay up to 70% of the property and own only 30% since owning a luxurious home is everybody’s desire. Here’s a breakdown of the plan:
- 20% down payment
- 50% paid in installments during construction (over 3 years)
- 30% on completion
Down payment: For each property, 20% of the total price of the property is paid on the spot, once the property has been booked according to the user’s preference.
During construction: The remaining 50% is in progressive payments made in three-year intervals during the construction period which is anticipated to be done by the third quarter of the year 2027.
Handover: The rest 30% can be paid when the property reaches completion or when you take possession of the property. Damac also extends the owner’s opportunity to pay for this amount.
Stylish Housing Options at DAMAC Riverside
There are a variety of stylish homes at Damac Riverside, with 4 and 5 bedroom options to suit different tastes and ways of life. People whose families are growing should look for townhouses with enough space. As a result, Damac Riverside is the best place to live in style. Riverside has great deals on 1,900 housing units that can be used as homes or as investments. So, you can either get what you want or put your money into the Water Vein or Green Vein parts of this beach suburb.
Modern Townhouse Design and Pricing
The design of modern townhouses mixes grandeur and sophistication in a smart way. A 4-bedroom DAMAC townhouse in Riverside costs 2,400,000 AED, and a 5-bedroom one costs 3,500,000 AED. Four-bedroom homes that are between 2,297 and 2,420 square feet can fit a family. Check them out if you want stylish homes with a lot of space. Even though they focus on practicality, their designs aren’t very interesting. People who need a lot of space will love the second home, which has five bedrooms and 3,407 square feet of space. This collection has a lot of room, style, and attention to detail. People who like open floor plans with lots of space will love it. People like this area because it has high-tech features, views of the river, and home control systems.
Astonishing Investment Returns
Residences should return between 5 and 7 percent after completion, making them a reasonable investment. Many times, before building starts, a property is worth less than its market value. Damac Riverside’s seaside position, abundance of housing alternatives, and facilities raise its rental income. When looking for a good return and curious about Dubai’s booming rental market, Damac Riverside is a great choice. The development of infrastructure and rising property values will propel long-term capital appreciation. To diversify your portfolio, increase your rental income, and take advantage of capital gains, buy Damac Riverside off-plan homes.
Conclusion: Secure Your Dream Townhome
Damac Riverside provides unparalleled luxury and elegant living. Living at Damac Riverside is similar to residing in a lavish neighbourhood that is centrally located in Dubai. The townhouses are the pinnacles of luxury, with every last detail carefully considered. Purchase one of these exquisite townhomes right away; don’t hesitate!
