Apartment by DAMAC “IVY Cluster”
AED 2,652,000
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Vector icon 4 Beds Vector icon 4 Baths Vector icon 2420 sqft
Daria
Daria Property broker

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IVY Cluster 4BR Townhouse in DAMAC Riverside — Prime Investment Opportunity

4-Bedroom Townhouse, 225 m² (2,420 sq.ft), on a 144 m² (1,550 sq.ft) Plot in IVY, DAMAC Riverside

This four-bedroom townhouse is offered on the secondary off-plan market in IVY, a cluster within the DAMAC Riverside master development. The property offers a BUA of 225 m² (2,420 sq.ft) and a plot of approximately 144 m² (1,550 sq.ft). It will be delivered unfurnished.

Construction is ongoing, with handover scheduled for Q4 2027. According to the provided information, 55% of the property value has already been paid under the current SPA. The remaining 45% is payable according to the applicable developer payment schedule.

Lot Features

— Townhouse— 4 bedrooms— BUA — 225 m² (2,420 sq.ft)— Plot area — approximately 144 m² (1,550 sq.ft)— Unfurnished— Secondary off-plan property— 55% paid— Remaining obligation — 45%— Scheduled handover — Q4 2027— IVY Cluster— DAMAC Riverside

Development Amenities

— Waterfront and water features— Swimming pools— Leisure areas— Children’s play areas— Retail and commercial facilities within the master development— Walking routes— Cycling paths— Sports facilities

Architecture and Concept

DAMAC Riverside is being developed as a low-rise residential community centered around water features, landscaped areas, and family-oriented living. IVY forms part of the wider master-plan concept, combining private townhouses with landscaped communal and recreational spaces.

The four-bedroom configuration and private plot provide a family-oriented residential format while retaining access to the wider community infrastructure.

About the Developer

DAMAC Properties is a UAE-based developer with a portfolio of residential and mixed-use developments in Dubai and international markets.

Any general statement regarding the developer’s delivery record should not be treated as a guarantee of the completion date for this particular property. Actual handover remains subject to construction progress and the official DAMAC Riverside schedule.

Location and Advantages

— DAMAC Riverside, Dubai— Located in the Dubai Investment Park / Yalayis direction— Access to Sheikh Mohammed Bin Zayed Road and Emirates Road— Expo City Dubai — approximately 10 minutes according to the provided information— Al Maktoum International Airport — approximately 15 minutes— Dubai Marina — approximately 25 minutes— Developing residential surroundings with expanding infrastructure

Investment Potential

The four-bedroom configuration, private plot, low-rise format, and position within the DAMAC Riverside master development are the property’s primary characteristics for a potential investment strategy.

According to the provided information, 55% of the property value has already been paid. The buyer would assume the remaining 45% obligation in accordance with the SPA and developer payment schedule. The amount actually paid, future installment dates, and assignment conditions should be verified before purchase.

Two potential scenarios can be considered: assignment before project completion where permitted under the transaction terms, or holding the property through handover for subsequent personal use or rental.

Claims regarding continued price growth, limited availability, high liquidity, or consistently strong family rental demand require support from current market data. Capital appreciation by handover is not guaranteed. Actual performance will depend on the acquisition price, outstanding payments, future supply, rental rates, ownership costs, and market conditions by Q4 2027.

Additional materials (photos, floor plans, project presentation, and purchase terms) are available upon request.

Frequently Asked Questions

When is the property scheduled for handover?
— According to the provided information, handover is scheduled for Q4 2027. The actual completion date remains subject to construction progress and the project’s official schedule.
How much has already been paid under the SPA?
— According to the provided information, 55% of the property value has been paid under the current SPA, leaving 45% outstanding. Exact amounts and future payment dates should be verified through the documentation for this property.
Can the townhouse be resold before handover?
— Assignment before handover should be confirmed based on the SPA, DAMAC requirements, and applicable DLD procedures. If an NOC is required, its conditions and procedure should also be verified before resale.
Is the townhouse furnished?
— No. According to the provided information, the property will be delivered unfurnished.
Can the property be rented out after handover?
— Following completion, handover, and ownership registration, the townhouse can be considered for long-term rental. Short-term rental availability should be confirmed based on development regulations, applicable Dubai requirements, and required permits at the time of operation.

Contact me to receive the current purchase terms, payment schedule, additional materials, and detailed information about this townhouse in IVY, DAMAC Riverside.

Property information

Handover Date

Q4 2027

Property Type

Townhouse

Ownership Type

Freehold

Building Information

Building name

DAMAC “IVY Cluster”

Location

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