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Riverside Views - Royal 1

Dubai Investment Park Second, Dubai · Damac

Price from AED 888,000

Project facts

Developer
Damac
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

TypeAvailableAreaPrice
1 bedroom3174–97 m² (797+ sq ft)AED 888,000 – AED 1,829,000
2 bedrooms10111–132 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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