Riverside Views - Royal 1
Dubai Investment Park Second, Dubai · Damac
Price from AED 888,000
Project facts
- Developer
- Damac
- District
- Dubai Investment Park Second
- Emirate
- Dubai
- Status
- Under construction
- Handover
- Q1 2029
- Construction progress
- 14%
- Price per m²
- AED 10,635
- Units
- 672
- Floors
- 14
- Project area
- 11,090 m²
- Project type
- Residential building
- Ownership
- Freehold
- Escrow account
- Mashreq Bank Psc
- Service charge
- 151 AED per m² per year
Floor plans and prices
| Type | Available | Area | Price |
|---|---|---|---|
| 1 bedroom | 31 | 74–97 m² (797+ sq ft) | AED 888,000 – AED 1,829,000 |
| 2 bedrooms | 10 | 111–132 m² (1,197+ sq ft) | AED 1,315,000 – AED 2,406,000 |
Developer payment plan
- 15%on booking
- 45%during construction
- 40%on handover
- 10%on booking
- 40%during construction
- 50%on handover
- 10%on booking
- 40%during construction
- 50%on handover
On top of the price: DLD fee 4%
About the project
Riverside Views - Royal 1 is a freehold residential project under construction in Dubai Investment Park Second, Dubai. Damac is the developer, and the planned handover is Q1 2029. Construction progress stands at 14%.
Two Buildings of 14 Floors
Royal 1 consists of two buildings, Building A and Building B, with 14 floors in each. The project holds 672 units in total. Apartments have one or two bedrooms.
Apartments and Sizes
One-bedroom apartments run from 74.09 m² to 97.47 m², with prices from 888,000 AED. Two-bedroom apartments range from 111.17 m² to 132.12 m², with prices from 1,315,000 AED. The price per m² is 10,635 AED.
Amenities in the District
Amenities are laid out along two veins: the water vein, Water Vein, and the garden vein, Green Vein. By design, Water Vein will hold restaurants Portofino and Island, fitness by the water, Opal Chess Haven with a chess table on a floating stage, Floating Opera, and a club with shops, a coworking space, a gym, open-air cinema, arcade games and bowling. Green Vein is planned around a hydroponic farm, outdoor cooking classes, barbecue areas, calisthenics stations, Zen Spa, essential oil lakes, cinema on the water, an amphitheatre and Adventure Land. Royal 1 itself will have a children's playground, a playroom, a gym, a spa, a landscaped garden, an events hall, a cinema room, a prayer room and a clubhouse.
Payment Plan and Ownership
The payment plan is 60% before handover and 40% on receipt of the keys. Buyers' funds go to an escrow account at Mashreq Bank. Ownership is freehold. The service charge is 150.69 AED per m² a year.
Location
The district sits in Dubai Investment Park Second. Damac Mall is 9 minutes away, the metro 15 minutes, and Expo 2020 16 minutes.
Amenities
- Kids' play area
- Games room
- Gym
- Spa
- Landscaped garden
- Events hall
- Cinema room
- Prayer room
- Clubhouse
Location
Dubai Investment Park Second, Dubai. Open on the map
Questions and answers
How much does a home in Riverside Views - Royal 1 cost?
Prices start from AED 888,000.
When is the handover of Riverside Views - Royal 1?
The planned handover date is Q1 2029.
Who is the developer of Riverside Views - Royal 1?
The project is developed by Damac.
What is the payment plan for Riverside Views - Royal 1?
15% on booking · 45% during construction · 40% on handover · 10% on booking · 40% during construction · 50% on handover · 10% on booking · 40% during construction · 50% on handover.
Where is Riverside Views - Royal 1 located?
Dubai Investment Park Second, Dubai.
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