Developer: Damac Mry Investment · Damac Riverside
Damac Riverside – Olive is a residential project by Damac Properties in Damac Riverside, Dubai, with handover 30.06.2028, construction 5.5% complete per the DLD registry.
The purchase price is split into these stages.
The exact schedule is confirmed in the sale agreement for the selected unit.
Data from the Dubai Land Department project registry (updated 25.08.2026 09:55).
Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.
All Dubai construction in the DLD register · Developer: Damac Properties · District: Damac Riverside
| Date | Type | Size, m² | Price, AED |
|---|---|---|---|
| 27.07.2026 | 5 B/R | 368.0 | 4 908 000 |
| 16.07.2026 | 4 BR | 144.0 | 2 883 930 |
| 15.07.2026 | 5 B/R | 219.9 | 4 294 080 |
| 01.07.2026 | 5 B/R | 255.6 | 4 368 555 |
| 22.06.2026 | 4 BR | 144.0 | 2 765 070 |
| 22.06.2026 | 4 BR | 144.0 | 2 808 630 |
| 19.06.2026 | 4 BR | 144.0 | 2 793 000 |
| 15.06.2026 | 4 BR | 144.0 | 2 837 000 |
| 11.06.2026 | 4 BR | 144.0 | 3 101 000 |
| 10.06.2026 | 4 BR | 144.0 | 2 837 000 |
| 09.06.2026 | 4 BR | 144.0 | 2 837 000 |
| 19.05.2026 | 4 BR | 144.1 | 2 793 000 |
| 06.05.2026 | 5 B/R | 268.8 | 4 842 000 |
| 21.04.2026 | 4 BR | 144.0 | 2 793 000 |
| 15.04.2026 | 4 BR | 144.0 | 2 837 000 |
| 15.04.2026 | 4 BR | 144.0 | 2 793 000 |
| 13.04.2026 | 4 BR | 144.0 | 2 837 000 |
| 08.04.2026 | 5 B/R | 220.8 | 4 409 000 |
| 01.04.2026 | 5 B/R | 305.0 | 4 694 000 |
| 31.03.2026 | 4 BR | 144.0 | 2 837 000 |
Dubai Land Department transaction registry, updated 2026-08-24. Explore Dubai property transactions →
Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.
| Type | Size, m² | Price, AED | Per m² | Deals |
|---|---|---|---|---|
| 4 bedrooms | 144 | 2 723 520 | 18 913 | 144 |
| 5 bedrooms | 221 | 4 409 000 | 19 950 | 12 |
Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.
Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.
Damac Riverside – Olive is a 208-home townhouse and villa development by Damac Mry Investment in Dubai Investment Park 2, within the Damac Riverside community. The project is active, with a recorded completion ratio of 5.46% at the 11 April 2026 inspection. Construction commenced on 1 October 2025, with completion scheduled for 30 June 2028.
Damac Riverside – Olive forms part of Damac Riverside, a waterfront master-planned community on the Dubai Investment Park 2 peninsula. The project covers a total area of 35,783.23 square metres and comprises 208 homes. Its residential stock is arranged as G+1 and G+2 townhouses and villas. The community concept places homes among channels, lakes, landscaped features and waterfront leisure facilities. Damac Riverside draws themed architectural references from Rome, Paris, Amsterdam, New York and London. Within the wider community, residential and leisure areas are planned around water-focused features, dining venues and communal spaces.
The project consists of 208 townhouses and villas, configured across ground-plus-one and ground-plus-two formats. These homes are located in Dubai Investment Park Second, also known as DIP 2. The construction specification describes a concrete structure with blockwork, internal finishes and external finishes. Damac Riverside – Olive is positioned within a wider waterfront community rather than as a standalone residential site. The Damac Riverside setting includes channels and lakes, with themed districts and landscaped community features forming part of the master-planned environment.
Damac Riverside – Olive started on 1 October 2025 and has a scheduled completion date of 30 June 2028. The project is active. At the inspection dated 11 April 2026, its recorded completion ratio was 5.46%. The development is registered under project number 3690. The stated construction scope covers 208 G+1 and G+2 townhouses and villas. The recorded total project area is 35,783.23 square metres. These details place Olive within an ongoing development programme at Damac Riverside in Dubai Investment Park 2.
Damac Riverside includes two waterfront dining venues: Portofino Ristorante and the Island Restaurant. The community is planned with water-based fitness facilities and areas for dynamic water sports. Essential Oil Lakes combine aromatherapy oils with salt water, while a proposal deck overlooks the water for special events. A hydroponic farming area is planned alongside culinary classes. Family-oriented facilities include a games zone and Kidz Adventure Land. Residents also have access to a clubhouse with social and work spaces. These facilities are arranged as part of the wider Damac Riverside community in which Olive is located.
Damac Riverside is located within Dubai Investment Park 2 on the peninsula area of DIP 2, at coordinates 24.98127, 55.243122. The community is designed as a waterfront residential and leisure environment centred on channels, lakes and landscaped features. South View School is 3.3 km from Damac Riverside. Expo City Dubai is 9.7 km away by road, and Global Village is 11.8 km away by road. The wider DIP 2 and Expo corridor provides access to parks, beaches, golf clubs, cinemas, leisure attractions and event venues. Olive sits within this larger community framework.
The nearest Dubai Metro station is Red Line station R73, 9,013 metres from Damac Riverside. Road distances from the community include 12.5 km to Al Maktoum International Airport, 15.1 km to Dubai Marina and 15.5 km to JBR Beach. Palm Jumeirah is 18.0 km away by road. Mall of the Emirates is 15.8 km away, while Burj Khalifa and Downtown Dubai are 24.2 km away. The Dubai Mall is 24.3 km from the community, and Dubai International Airport is 32.7 km away by road.
Damac Riverside – Olive is developed by Damac Mry Investment. The developer’s project comprises 208 townhouses and villas in Dubai Investment Park 2. Olive is part of Damac Riverside, a waterfront master-planned subcommunity with residential areas, restaurants, water-based facilities, a clubhouse, family activity spaces and hydroponic farming facilities. The project began on 1 October 2025 and is scheduled for completion on 30 June 2028. Its active status and 5.46% completion ratio were recorded at the inspection of 11 April 2026.
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Project data comes from the Dubai Land Department (DLD) registry.
