DAMAC Riverside - Olive: off-plan project in Dubai Investment Park Second
DAMAC Riverside - Olive is an off-plan villa and townhouse project in Dubai Investment Park Second, registered with the Dubai Land Department as project no. 3690 and developed by DAMAC MRY Investment L.L.C. From October 16, 2025 to October 16, 2026, 149 off-plan sales were registered there at a median price of AED 2,793,000 (AED 1,757 per sq ft); 80% of sales fall between AED 2,661,800 and AED 4,196,000.
- 149off-plan sales in 12 months
- AED 2,793,000median sale price
- AED 1,757median price per sq ft
- 0%construction progress (DLD)
- June 2028end date in the register
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026. Source: Dubai Land Department project register (open data), as of 15/06/2026.
What the figures say
- Positioning: at AED 1,757 per sq ft, DAMAC Riverside - Olive is 14.4% above the median of off-plan sales across the 19 projects tracked in Dubai Investment Park Second (AED 1,536 per sq ft), and in line with the median of Dubai off-plan sales (AED 1,768 per sq ft).
- Sales pace: 149 off-plan sales in 12 months, about 12 a month; number 7 by sales in Dubai Investment Park Second over the period.
- Construction: 0% complete in the DLD register, construction had not started at the latest inspection; planned end June 2028.
- Profile: a concentrated project, 87.2% of sales are the same unit type (villa / townhouse · 4 bedrooms).
DAMAC Riverside - Olive: official project sheet
Details from the project register kept by the Dubai Land Department. Off-plan payments go to the project's escrow account, as required by Dubai Law No. 8 of 2007.
| Item | DLD register |
|---|---|
| DLD project number | 3690 |
| Registered developer | DAMAC MRY Investment L.L.C (developer no. 1866) |
| DLD area | Dubai Investment Park Second |
| Register status | not started |
| Construction progress | 0% |
| Project start | October 1, 2025 |
| Planned end | June 30, 2028 |
| Registered units | 208 villas |
| Escrow account | escrow agent registered with the DLD for this project |
Source: Dubai Land Department project register (open data), as of 15/06/2026.
DAMAC Riverside - Olive off-plan prices by unit type
Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: villa / townhouse · 4 bedrooms, at a median AED 2,765,572.
| Unit type | Sales | Median price | Range (AED) | Median size | Price / sq ft |
|---|---|---|---|---|---|
| Villa / townhouse · 4 bedrooms | 130 | AED 2,765,572 | 2,661,000 – 2,890,537 | 144 m² (1,550 sq ft) | AED 1,771 |
| Villa / townhouse · 5+ bedrooms | 19 | AED 4,406,000 | 4,055,870 – 4,896,000 | 220 m² (2,368 sq ft) | AED 1,725 |
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
To turn one of these prices into a payment schedule, use OffPlanSimulator's off-plan payment plan calculator, then add registration fees with the Dubai buying costs calculator.
Sales by unit type
Villa / townhouse · 4 bedrooms: 87.2% of off-plan sales, with a median size of 144 m².
- Villa / townhouse · 4 bedrooms: 87.2% (130 sales)
- Villa / townhouse · 5+ bedrooms: 12.8% (19 sales)
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
DAMAC Riverside - Olive off-plan price by quarter
The median off-plan price per sq ft moved from AED 1,744 in Q4 2025 to AED 1,725 in Q3 2026 (-1.1%). Quarter-to-quarter changes also reflect the mix of units sold.
| Quarter | Off-plan sales | Median / sq ft | Change |
|---|---|---|---|
| Q4 2025 | 116 | AED 1,744 | — |
| Q1 2026 | 21 | AED 1,830 | +4.9% |
| Q2 2026 | 15 | AED 1,812 | -1% |
| Q3 2026 | 11 | AED 1,725 | -4.8% |
| Q4 2026 (to 16/10/2026) | 3 | AED 1,757 | — |
Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.
Rents in Dubai Investment Park Second
To gauge the rental market around DAMAC Riverside - Olive: annual rents of Ejari contracts registered in Dubai Investment Park Second over the last 12 months (2,539 contracts).
| Unit type | Contracts | Median annual rent | Middle 50% range |
|---|---|---|---|
| Apartment · Studio | 1,190 | AED 36,000 | 33,000 – 40,000 |
| Apartment · 1 bedroom | 1,051 | AED 50,000 | 43,832 – 58,000 |
| Apartment · 2 bedrooms | 274 | AED 80,000 | 71,194 – 87,000 |
| Apartment · 3 bedrooms | 16 | AED 135,000 | 110,515 – 139,000 |
To compare a market rent with your purchase price and running costs, the rental yield calculator works it through step by step.
Source: Dubai Land Department, Ejari rent contracts (open data), 20/10/2025 to 20/10/2026.
Where is DAMAC Riverside - Olive?
DAMAC Riverside - Olive is in Dubai Investment Park Second, Dubai.
Further reading
- All off-plan projects in Dubai Investment Park Second
- All DLD sales at DAMAC Riverside - Olive (new and resale)
- Dubai Investment Park Second property prices
- Dubai Investment Park Second rents
- All DAMAC MRY Investment L.L.C projects
- Our developer guide
Other off-plan projects in Dubai Investment Park Second
- DAMAC Riverside Views - Azure 2 — AED 1,455/sq ft
- Grand Polo - Equiterra — AED 2,254/sq ft
- DAMAC Riverside Views - Capri 1 — AED 1,442/sq ft
- Grand Polo - Equiterra 2 — AED 2,104/sq ft
- Grand Polo - Equestra — AED 2,324/sq ft
- DAMAC Riverside Views - Capri 2 — AED 1,477/sq ft
- DAMAC Riverside Views - Marine 2 — AED 1,470/sq ft
- DAMAC Riverside Views - Royal 3&4 — AED 1,536/sq ft
More projects by DAMAC MRY Investment L.L.C
- DAMAC Riverside Views - Marine 1
- DAMAC Riverside Views - Royal 1
- DAMAC Riverside Views - Royal 2
- DAMAC Riverside Views - Indigo 1
- DAMAC Riverside Views - Marine 3
- DAMAC Riverside Views - Indigo 2
Same budget elsewhere in Dubai (around AED 2,793,000)
- MAS Barsha Residency, Al Barsha First — AED 2,791,746
- The Crestmark, Business Bay — AED 2,793,828
- Mercer House, DMCC Master Community — AED 2,784,828
- Avenue Park Towers II, Wasl 1 — AED 2,794,777
- 113 Residences, Sufouh Gardens — AED 2,798,196
- One by Binghatti, Business Bay — AED 2,774,999
Projects presented by Cevitas
Frequently asked questions
How much does a home at DAMAC Riverside - Olive cost?
Over the last 12 months, the 149 off-plan sales registered with the DLD show a median price of AED 2,793,000, or AED 1,757 per sq ft; 80% fall between AED 2,661,800 and AED 4,196,000. The developer's current prices are on its price list.
When will DAMAC Riverside - Olive be completed?
In the DLD project register (as of 15/06/2026), the project is "not started", 0% complete, with a planned end date of June 30, 2028. The handover date is confirmed by the developer.
Who is the developer of DAMAC Riverside - Olive?
The DLD register lists DAMAC MRY Investment L.L.C (developer no. 1866).
What unit types are sold at DAMAC Riverside - Olive?
Off-plan sales over the last 12 months cover: villa / townhouse · 4 bedrooms (130), villa / townhouse · 5+ bedrooms (19). Best-selling type: villa / townhouse · 4 bedrooms, at a median AED 2,765,572 for 144 m².
Has the price per sq ft at DAMAC Riverside - Olive changed?
The median off-plan price moved from AED 1,744 per sq ft in Q4 2025 to AED 1,725 in Q3 2026, based on DLD-registered sales.
How do I get the DAMAC Riverside - Olive price list and payment plan?
Ask with the "Get the price list" button or on WhatsApp at +971 55 772 2710: a RERA-licensed Cevitas advisor sends you the available units, the developer's prices and the current payment plan, with no buyer commission on new launches.
Sources and method
Off-plan sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), residential sales registered off-plan ("Off-Plan Properties") from October 16, 2025 to October 16, 2026. Median price = middle registered price; range = 80% of sales (10th to 90th percentile). Price per sq ft = price / registered area (1 m² = 10.764 sq ft).
Developer, status, progress and dates: DLD "Projects" register (data.dubai) and "Developers" register (data.dubai), extract as of June 15, 2026. Progress is the figure from the latest DLD inspection on record; the end date is the one declared in the register and may be updated by the DLD.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), median annual rent of residential contracts over the last 12 months in the area.
Data published under the Dubai Open Data Licence and analysed by Cevitas Real Estate. They describe official transactions and an official register; they are not a valuation, a promise of return or investment advice. The developer's current prices are on its price list.