Riverside, a sizeable residential community located in Dubai Investments Park, is offered by DAMAC Properties. As of the end of May 2024, there are a total of 1,900 townhouses with 4-5 bedrooms that are on the market. The architectural design of the residences is driven by the world’s leading cities, such as Rome, Paris, London, New York, and Amsterdam.
The units vary in size between 2,297 sq. ft and 3,407 sq. ft and consist of two or three floors. The layouts come with a storage area, laundry room, garage, and balconies. Additionally, five-bedroom units also have a terrace and a maid’s room.
Riverside has impressive infrastructure, with a collection of recreational amenities that run across two zones: Water Vein and Green Vein. The Water Vein was designed specifically for leisure activities and water sports. In this Area, you can find everything from aquatic fitness areas, splash climbing, essential oil lakes, and floating opera and cinema, to two restaurants – Portofino Ristorante and Island Restaurant. You can even propose to your loved one on the beautiful floating proposal deck for a truly romantic experience.
At the same time, the Green Vein offers unique opportunities for sport and leisure along with functional spaces for work and personal development. Residents will be able to take culinary classes, cultivate hydroponic crops, kill time with friends at the spa and BBQ, visit the fishing hotspot, go for a run or take a walk in meditation rooms, run the amphitheater, and learn creatively through cooperation at the children’s adventure land. There are many amenities available in the clubhouse, which is a wholesome gym, an interactive working space, a bowling alley, a gaming zone, and an outdoor cinema.
About Location
The bridge is close to the intersection of Sheikh Zayed bin Hamdan Al Nahyan St and Yalais St/Jebel Ali-Al Hibab Rd, consequently, making it convenient to go about the city. For example, the journey to Al Maktoum International Airport and Palm Jumeirah is less than half an hour.
Al Maya Supermarket, Aster Pharmacy 2 D.I.P, and Fida Al Madina Hypermarket are in its immediate neighbor. Additionally, Nibras International School is also in the neighborhood, which provides the American Curriculum from Kindergarten to Grade 12.
Children’s families are especially comfortable bringing them here since it would take just 10 mins by car to get to some first-class schools and clinics. These facilities include Greenfield International School, The International School of Choueifat – Dubai Investments Park, and NMC Royal Hospital DIP.
This neighborhood is an excellent choice for people who have workplaces in the Expo City Dubai and want to live nearby. A 15-minute drive connects Riverside to Expo City Dubai, where many local and international companies, educational and vocational institutions, as well as multinational companies such as Siemens Energy, Emirates Airlines, Fingulf, and Terminus Group, are located.
If renting your property is what you are looking for, then looking at the indicators of the neighboring Al Furjan would tell you how good the investment potential of Riverside is. As of May 2024, the average ROI of a 4-bedroom townhouse is 4.9% with AED 170K (USD 46K) as the minimum annual rent. As such, you might be able to earn passive rental income, which would rise concurrently with the community’s growth.
In Riverside, you will be able to not only obtain a 2-year residency visa but also gain access to other investment opportunities. If you invest AED 2M (USD 545K) or more, you can be eligible for the exclusive 10-year Golden Visa. Moreover, both residency options can make your family members also come with you and can also submit some requests for foreign domestic workers under the Golden visa option.
