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Home NewsUAE Property From Skyline to Shoreline – Why DAMAC Riverside Views is a smart move for investors

From Skyline to Shoreline – Why DAMAC Riverside Views is a smart move for investors

If you’ve been searching for the perfect property in the UAE, your search ends here. As a savvy investor from Hong Kong, DAMAC Riverside Views is a fantastic opportunity to consider. This isn’t just another high-end development; it’s a groundbreaking waterfront project offering great investment potential and exceptional design.

DAMAC Riverside

Crafted with a focus on luxury and wellness, this coastal community provides more than just a residence—it’s a complete lifestyle immersion. Enjoy stunning canal views, top-notch amenities, and a prime location in Dubai’s thriving real estate market. With its investor-friendly policies, impressive rental returns, and a track record of creating landmark buildings, DAMAC offers an outstanding opportunity for investing in Dubai’s future. Hence, the question isn’t why—it’s why not!

What’s so special about DAMAC Riverside Views?

DAMAC Riverside Views

Nestled in Dubai Investment Park 2, DAMAC Riverside Views provides a wonderful mix of natural surroundings and easy access to the city. The development is divided into seven exclusive clusters and is expected to be completed by Q2 2028, offering breathtaking riverside views and a focus on community living centred around wellness.

Moreover, the development offers great access to Downtown Dubai and Dubai Marina, as it is close to Al Maktoum International Airport and Jebel Ali Free Zone. The airport is expected to become the world’s largest by 2030, with the capacity to handle 260 million passengers. At the same time, Jebel Ali Free Zone (Jafza) is one of the top trade zones worldwide, and it is home to more than 9,000 companies from 140 nations, including Fortune 500 companies. Consequently, it has flourished as a centre for trade and logistics, offering attractive prospects for investors.

Investment benefits for Hong Kong investors

DAMAC Riverside

Due to UAE’s tax-free property ownership, impressive rental yields, and strategic location, investing in DAMAC Riverside Views offers a great opportunity to diversify an investment portfolio. Here are several reasons why this progress is exceptional –

  • UAE provides some of the most impressive rental returns in the world, ranging from 5 to 8% and above on average*. DAMAC Riverside Views is expected to attract significant rental demand because of its emphasis on wellness living and exclusive amenities, ensuring a steady income stream for investors.
  • Investing in property in UAE provides a tax-free environment, in contrast to Hong Kong’s steep property taxes, which ultimately results in greater returns.
  • Investors can take advantage of flexible payment plans for one-bedroom apartments, with prices starting at AED 888,000* and a 20% initial deposit. This allows you to secure prime property with minimal upfront costs.
  • Due to the growing housing market in UAE, properties such as DAMAC Riverside Views in well-connected areas are predicted to increase in value by the completion date in 2028.

Exclusive amenities to look forward

Luxury living in Dubai

When you choose DAMAC Riverside Views, you’re not only acquiring a stunning apartment, but also a full lifestyle experience. This area is designed for contemporary investors and tenants seeking luxury and comfort, providing a distinctive blend of water-themed and natural wellness amenities –

  • The leisure amenities at Water Vein Amenities have been reimagined to include a clubhouse and retail hub that offer co-working spaces, fitness zones, an outdoor cinema, an arcade, and a bowling alley
  • Residents can choose to have a meal with beautiful views of the water at the island restaurant, or they can enjoy exclusive entertainment at the floating opera house and Opal Chess Haven.
  • A hydroponic farm and culinary classes encourage healthy living, and water-based fitness facilities offer a rejuvenating wellness experience
  • The Green Vein amenities offers an adventure land for kids, a games zone with lawn games and archery for adults, and callisthenics stations and wall climbing for fitness enthusiasts.
  • The Zen Spa provides revitalising massages for a perfect blend of luxury and wellness.

A Prime location in UAE’s next residential hub

Location always plays a crucial part in any investment decision, and DAMAC Riverside Views meets that criteria. You can easily reach Dubai’s biggest cultural and business hotspots, which are only a 12-minute drive to the Expo 2020 site^ and a 16-minute drive to Global Village^. Al Maktoum International Airport is only a 12-minute drive away^, making travel easy. Golf lovers can also reach Trump International Golf Club in just 18 minutes^. Dubai Outlet Mall is a 19-minute drive^ for shopping and leisure, and DAMAC Mall is just 14 minutes away^.

Master plan and pricing

DAMAC Bedroom

There are seven separate clusters in the development, each providing a distinctive urban waterfront living experience. Investors have the options to choose from –

  • One-Bedroom Apartments – Starting at AED 888,000*
  • Two-bedroom Apartments – Starting at AED 1,315,000*

Hong Kong investors looking for substantial profits can take advantage of the flexible and accessible payment plan, which requires a 20% immediate deposit followed by instalment payments.

Don’t wait, grab your first UAE property!

Don’t miss out on the opportunity to own your first property in the UAE – new launches in Dubai are selling out quickly. As the property market in the UAE gains momentum, investors from Hong Kong have an excellent opportunity to acquire high-quality properties in one of the most coveted locations in the world. This development offers everything you could want, whether it’s increasing rental returns, growing property value, or a luxurious vacation home.

As we near 2028, those who invest early can take advantage of discounted prices and obtain a waterfront property before prices go up in the market. Get in touch with us today to secure your next profitable investment opportunity in Dubai!

Source – Benham & Reeves factsheet data

To buy or not to buy non-local off-plan properties? Assess the risks before you buy! 境外樓花買唔買?計過風險先好買!*Prices and details are correct at the time of going to press. Expected rental yield per annum, not guaranteed. ^Travel times are an approximation only, sourced from Google Maps, and may reference driving, public transport, cycling and/or walking times. Project no.: 3169, 3170, 3171, 3372, 3373, 3374, 3375 issued by Dubai Land Department. Lease Term: Freehold. Purchasers are acquiring an interest in the land, the building to be erected thereon and/ or a right to use and occupy the properties in the building. Estimated Completion Date: Q2 2028. Computer-generated images for illustrative purposes only. Purchasing uncompleted properties situated outside Hong Kong is complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision. The non-licensed staff engage in estate agency work exclusively in relation to properties outside Hong Kong and they are not licensed to deal with any property situated in Hong Kong. Property reference number: BRHK-UAE250202. Advertisement Date: 21 Feb 2025. Benham & Reeves (Hong Kong) Limited License No. C-092169.

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About the Author

With over 60 years of experience in London market, Benham and Reeves offers a comprehensive one-stop service which includes London property sales (purchase and selling) and full letting and management services to investors. Benham and Reeves Hong Kong SAR office was established in 1995 to provide real estate agency services to Hong Kong buyers, sellers and landlords in regards to all their London property needs.

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