Ivy DAMAC Riverside Dubai

Ivy is one of three townhouse clusters in DAMAC Riverside, the DAMAC Properties community in Dubai Investment Park 2 (DIP 2), between Expo City and Jebel Ali. The other two clusters are Lush and Sage. Ivy holds about 580 to 594 homes: four-bedroom middle and end townhouses of about 2,297 to 2,420 sq ft and five-bedroom townhouses of about 3,407 sq ft.

The four-bedroom starts at AED 2,742,000 (about Rs 7.06 crore), on a 20/55/25 plan, with handover on record for December 2027. This page is about Ivy only. The Riverside community as a whole is marketed from AED 1.99 million and includes the Riverside Views apartments; where Ivy's figures differ from the community's, we say so.

At a glance

Price and unit pricing

We print AED 2,742,000 because the source listing and several broker pages quoting Ivy specifically agree on it. Two other numbers circulate. Some Ivy listings say "from AED 3,628,000"; no source ties that to a unit type, but at 3,407 sq ft it would work out to about AED 1,065 per sq ft, which fits a five-bedroom. And the Riverside community is widely marketed "from AED 1.99 million", a figure most sources attach to the community rather than to Ivy.

That gap is the first thing to ask DAMAC about. Ivy's entry figure is about 38% higher than the community headline for what sources describe as the same house designs, since the Sage cluster is said to repeat the Ivy and Lush plans. It may be a later release, a better plot or a headline that no real unit matched. DAMAC's price list for Ivy, Lush and Sage on the same day, for the same house type, settles it.

Against the wider market, Ivy at about AED 1,133 to 1,194 per sq ft is well below the 2026 indicators of about AED 1,600 to 1,700 per sq ft quoted for DAMAC Hills. For a cheaper finished-or-nearly-finished DAMAC townhouse, compare Camelia Villas in DAMAC Hills 2.

Payment plan and total cost

The plan most sources print is 20% on booking, 55% during construction and 25% at handover in December 2027. A 75/25 version is also quoted, with the construction share paid at 1% a month.

Worked example: the AED 2,742,000 4 BHK on 20/55/25

Riverside was launched in 2024, so a buyer booking now will find some construction milestones already due. Ask DAMAC for the milestone statement: if the build has moved on, part of the 55% becomes payable almost at once. A resale buyer pays the seller's paid-in amount plus premium and takes over the rest of the schedule.

Service charge. Not published for Ivy. DAMAC's comparable townhouse communities run about AED 6 to 9 per sq ft a year at DAMAC Lagoons and AED 7 to 12 at DAMAC Hills. On a 2,297 sq ft Ivy townhouse the Lagoons rate means roughly AED 13,800 to 20,700 a year. Get the DLD-approved budget before handover.

Location and connectivity

DAMAC Riverside sits in Dubai Investment Park 2, between Sheikh Mohammed Bin Zayed Road and Expo Road, with Expo City Dubai on one side and Jebel Ali on the other. Al Maktoum International Airport (DWC) is to the south-west. The sources checked do not print drive times for Ivy, so we give none; drive the route to your office at peak hour before booking.

This is the growth side of Dubai: Expo City, the DWC airport expansion and the Jebel Ali logistics belt are where new jobs are being added, and Dubai Investment Park itself is an established business and industrial district. The trade-off is distance from Downtown, DIFC, Dubai Marina and the beaches. The Dubai Metro Red Line runs to Expo City, but no station serves Riverside itself, so plan on a car.

Inside the community, Ivy sits alongside Lush and Sage around a water channel with parks and sports areas. All three are under construction together, and Riverside Views adds apartment buildings alongside, so the area will be a building site through 2027 and into 2028. Every project we track in the emirate is on all Dubai projects, and the full list is on our projects page.

Amenities and specifications

Ivy offers three house types: a 4 BHK middle townhouse, a 4 BHK end townhouse and a 5 BHK townhouse. Homes are grouped in rows of four or fewer, which means a higher share of end units than a typical terrace and more light on at least one side. The same designs are used in Lush and Sage, so choosing Ivy is about plot position and price, not a different house.

The community is marketed around its water channel, with landscaped parks, sports courts, play areas and walking tracks. The sources checked do not list the finish schedule, appliances, parking per house or smart-home features for Ivy, so we do not either. Final specification as per the SPA.

About the developer

DAMAC Properties was founded in 2002 by Hussain Sajwani and is the UAE's largest private developer. It reports more than 50,000 homes handed over, over 54,000 under construction and a pipeline above 55,000. In the first half of 2026 it awarded more than AED 10 billion (about USD 2.72 billion) of construction contracts, and it handed over 8,800 units in 2026 across DAMAC Hills, DAMAC Hills 2, DAMAC Lagoons, Chic Tower and Elegance Tower.

The record on timing is the part to price in. A 2026 review of DLD data puts DAMAC's average delay at 6 to 12 months beyond the SPA date, and buyers report more snagging after handover than at Emaar or Sobha. DAMAC's SPAs usually include a delayed-handover penalty after a grace period. For Ivy, that record turns December 2027 into a realistic window of mid-2028 to late 2028.

For Indian buyers

Ownership. DAMAC Riverside is freehold for foreign buyers, resident or not, and the Dubai Land Department issues the title deed in your name. The UAE charges no annual property tax and no VAT on a residential sale; the government cost is the 4% DLD transfer fee, AED 109,680 on the entry 4 BHK.

Remittance. The Liberalised Remittance Scheme allows USD 250,000 per person per financial year. The AED 2,742,000 townhouse is about USD 747,000, more than a couple's USD 500,000 in one year. The 20% booking, about USD 149,000, fits one person's allowance; the construction instalments can then be matched to the next two financial years.

Golden Visa. The threshold is AED 2 million of property, and Ivy's entry price clears it by about AED 742,000. That is the clearest difference between Ivy and a Riverside townhouse bought at the AED 1.99 million headline, which misses by AED 10,000. For off-plan property the rules on how much must be paid in have changed before, so confirm the current requirement at the time you apply.

Rent and tax. There is no rental record for Ivy because nothing is finished. We have no published townhouse rent for DIP 2 either, so we do not estimate a yield; ask for rents on finished DAMAC Lagoons townhouses as the nearest comparison. Rent and any gain are taxable in India for an Indian tax resident; the UAE levies no income tax on the rent. At resale, expect competition from about 1,900 Riverside townhouses of the same designs.

Pros

• A 4 BHK townhouse that clears the AED 2 M Golden Visa threshold at its entry price
• About AED 1,133 - 1,194 per sq ft for a new 4 BHK house with a 2027 date
• 25% at handover spreads most of the cost over the build
• Rows of four or fewer homes, so more end units and less of a terrace feel
• Close to Expo City, DWC and Jebel Ali, where the southern job growth is
• DAMAC delivers at scale - more than 50,000 homes handed over

Cons

• Ivy's entry price is about 38% above the AED 1.99 M Riverside headline figure, and the reason is not published
• No DLD project number for the cluster in any source we checked
• DAMAC's average delay of 6 to 12 months makes December 2027 optimistic
• About 1,900 near-identical townhouses across Ivy, Lush and Sage will reach resale and rent together
• Dubai Investment Park is far from Downtown, DIFC and the beaches, and has no Metro stop in Riverside
• Service charge not published; comparable DAMAC communities run AED 6 - 12 per sq ft

Who this is for

• Golden Visa buyers who want a house rather than an apartment for about AED 2.7 M
• Families whose work is in Jebel Ali, Expo City, DIP or near DWC
• Investors with a five-year view on the Dubai South corridor
• Buyers comfortable with a 2027-2028 handover and a DAMAC timing buffer

Who should look elsewhere

• Anyone who needs to move in or earn rent before 2028
• Buyers who work in Downtown, DIFC or Dubai Marina and do not want the drive
• Buyers who want the cheapest Riverside townhouse - check Lush and Sage releases first
• Anyone unwilling to verify the cluster's DLD registration before paying

Our verdict

Ivy is the part of DAMAC Riverside with the clearest published figures: a cluster of about 580 to 594 townhouses, a 4 BHK from AED 2,742,000, a 20/55/25 plan and a December 2027 date. What the sources do not explain is why Ivy's entry figure is about 38% above the AED 1.99 million the community is marketed from; it may be a later release, a different plot mix or simply the difference between a headline and an actual unit. At about AED 1,133 to 1,194 per sq ft Ivy is dearer than Riverside's AED 866 headline rate but still cheaper per foot than DAMAC Hills. The entry unit clearing the Golden Visa line is the single strongest reason an Indian buyer would pick it. The weaknesses are shared with the whole community: distance from the city, no cluster DLD number in public, and a large number of identical houses finishing at the same time.

A reasonable Golden Visa townhouse for a buyer who works south of the city or can wait until 2028. Before booking, ask DAMAC for the Lush and Sage prices on the same house type, get the Ivy DLD project number, and do not assume December 2027 is the date you will move in.

Talk to Realty Hunting for the current price list, the developer's latest payment plan and a site-visit plan.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of Ivy at DAMAC Riverside?

The 4 BHK townhouse starts at AED 2,742,000 (about Rs 7.06 crore), which the source listing and several broker pages agree on. Some Ivy listings print 'from AED 3,628,000', and the Riverside community headline is AED 1.99 million. DAMAC's price list on the day settles it.

How is Ivy different from DAMAC Riverside?

DAMAC Riverside is the whole master community of about 1,900 townhouses in three clusters, Ivy, Lush and Sage, plus the Riverside Views apartments. Ivy is one cluster of about 580 - 594 homes. The house designs are the same across clusters; Ivy's quoted entry price of AED 2,742,000 is higher than the community's AED 1.99 million headline, and its handover is printed as December 2027.

What is the payment plan?

20% on booking, 55% during construction and 25% at handover. On AED 2,742,000 that is AED 548,400, AED 1,508,100 and AED 685,500, plus AED 109,680 of DLD fee. A 75/25 version with 1% a month is also quoted.

When is the handover?

December 2027 (Q4 2027) is the date on record. DAMAC's average delay on DLD data is 6 to 12 months, so plan for 2028, and check the SPA date and construction progress on the Dubai REST app.

What is the DLD project number?

The sources checked do not print one for Ivy. The number 1476892219 on one listing is an advertising permit, not the project number. Ask DAMAC for the DLD project number and escrow account and check both on the Dubai REST app.

Does Ivy qualify for the Golden Visa?

Yes at the entry price. The threshold is AED 2 million of property and the 4 BHK starts at AED 2,742,000. For an off-plan unit the visa rules on how much must be paid in can change, so confirm the current requirement before you rely on it.

What service charge and rent should I expect?

Neither is published for Ivy, and there is no rental history because nothing is built yet. Comparable DAMAC communities run about AED 6 - 9 per sq ft a year at DAMAC Lagoons and AED 7 - 12 at DAMAC Hills, about AED 13,800 - 20,700 a year on a 2,297 sq ft Ivy townhouse at the Lagoons rate.

Can an Indian resident buy here?

Yes. DAMAC Riverside is freehold for foreign buyers. Under the LRS each person can remit USD 250,000 a financial year; AED 2,742,000 is about USD 747,000, so even a couple would spread the payments over at least two financial years, which the construction plan allows.

Compare with other Dubai projects

More by DAMAC: Damac Islands (from AED 2.75 M, handover 2028), Cavalli Tower (from AED 2.9 M, handover 2026) and DAMAC Bay 2 (from AED 2.9 M, handover 2028).

A similar budget elsewhere in Dubai: Joy Townhouses (from AED 2.71 M, ready), Anya 2 (from AED 2,590,000, handover 2026) and Antigua (from AED 2.99 M, handover 2030).

Read next: DAMAC Projects in Dubai: Prices, Clusters and the Delivery Record · Off-Plan Property in Dubai: How It Works · Dubai Property Payment Plans: 1% Monthly, Post-Handover and More · Villas and Townhouses for Sale in Dubai: Prices and Returns. Every Dubai project we track is listed on the Dubai section.