Damac Riverside - Olive
Launch price 2M AED*
*Prices, availability, and purchase conditions may change frequently. Contact a representative for the latest availability and pricing.
Key information
- Delivery date
June 2028
- Location
- Payment plan
- Number of buildings
- Property types
Townhouse
- Government fee
4%
- Ownership type
Freehold
Payment plan
20%
Down payment
At sales launch
60%
During construction
20%
On handover
Project timeline
Project announcement
Expected Booking Date
Construction Started
Construction progress: 0.38%
Latest update: November 10, 2025
Expected Completion
Units
from developer
townhouse
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type 1 |
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type 1 |
available in this project.
About the project
Nestled within the prestigious Damac Riverside development, Olive offers a premium family living experience in Dubai. This exclusive collection of 4 and 5-bedroom townhouses combines modern sophistication with serene waterfront charm, providing residents with both comfort and style.
Designed by Damac Properties, Olive creates a thoughtfully planned community where families can enjoy spacious layouts, seamless indoor-outdoor living, and a strong connection to the surrounding natural environment. Its strategic position within the larger Damac Riverside master plan ensures tranquility without compromising access to urban conveniences.
Prime Location: Dubai Investment Park 2
Strategic Positioning in Wadi Al Safa 5
Located in Dubai Investment Park 2 (DIP 2), Olive places residents in one of Dubai’s most dynamic and fast-growing areas. The neighborhood offers a perfect balance of urban sophistication and suburban calm, making it ideal for families seeking both convenience and a peaceful environment.
Community Advantages
Damac Riverside – Olive benefits from established infrastructure and amenities, including:
- Modern Infrastructure: Well-developed roads, utilities, and essential services
- Family-Friendly Atmosphere: Safe, community-oriented environment
- Educational Access: Proximity to top-tier international schools
- Healthcare Facilities: Nearby premium medical centers and hospitals
- Retail Convenience: Easy access to shopping centers, supermarkets, and dining options
- Green Spaces: Parks and recreational areas promoting an active, outdoor lifestyle
Residents enjoy waterfront views while remaining well-connected to Dubai’s major business districts, shopping hubs, and entertainment destinations.
Architectural Design and Home Features
Contemporary Design Philosophy
Olive’s design emphasizes privacy, comfort, and community. Each townhouse features modern architecture that maximizes natural light and ventilation, with premium finishes throughout.
Design Highlights:
- Spacious Floor Plans: Open-concept layouts promoting family interaction
- Premium Finishes: High-quality materials in every room
- Private Gardens: Individual outdoor spaces for each home
- Modern Kitchens: Cutting-edge appliances and stylish cabinetry
- Master Suites: Premium bedrooms with en-suite bathrooms and walk-in closets
- Smart Home Integration: Advanced technology for convenience and security
- Energy Efficiency: Sustainable design elements reducing environmental impact
Generous windows and sliding doors create seamless transitions between indoor and outdoor living, while contemporary lines blend with warm, inviting elements to create a sense of home.
Amenities and Community Facilities
Residents at Olive have access to a comprehensive suite of amenities designed to enhance daily life:
- Waterfront Promenades: Scenic walking and cycling paths
- Swimming Pools: Multiple pools including children’s areas
- Fitness Centers: Fully equipped gyms
- Sports Facilities: Tennis, basketball, and multi-purpose courts
- Children’s Play Areas: Safe, engaging playgrounds
- Retail Outlets: Onsite shopping and dining
- Community Centers: Spaces for events and social gatherings
- Landscaped Gardens: Maintained green areas throughout
- 24/7 Security: Professional personnel and monitoring systems
- Parking Facilities: Dedicated spaces for residents and visitors
These amenities are thoughtfully distributed to provide convenience while preserving a peaceful residential atmosphere.
Lifestyle and Community Experience
Living at Damac Riverside – Olive promotes family well-being, community connection, and an active lifestyle.
Lifestyle Features:
- Family-Centric Design: Community spaces and facilities designed for all ages
- Waterfront Living: Direct access to scenic water views and leisure activities
- Community Events: Social gatherings and cultural celebrations
- Pet-Friendly Spaces: Designated areas for family pets
- Wellness Focus: Fitness, recreational, and health-oriented programs
- Cultural Diversity: An international community fostering global perspectives
The tranquil waterfront setting offers a peaceful retreat while keeping Dubai’s urban conveniences within reach.
Investment Potential
Starting from AED 1,956,000, Olive offers a premium investment opportunity in Dubai’s family housing market. Completion is scheduled for June 2028, giving investors off-plan pricing advantages and potential for strong appreciation.
Investment Advantages:
- Attractive pricing for premium townhouses
- Flexible installment plans during construction
- Capital appreciation potential in a well-established DIP 2 location
- High demand for family-focused housing
- Reliable developer with a proven track record
- Consistent market interest in luxury, family-oriented properties
Connectivity and Accessibility
Olive ensures residents are well-connected to Dubai’s major destinations:
Transportation Links:
- Major Highways: Easy access to Sheikh Zayed Road and Al Khail Road
- Public Transportation: Metro stations and bus routes nearby
- Dubai Marina: 15-minute drive to waterfront dining and entertainment
- Downtown Dubai: 25 minutes to Burj Khalifa and Dubai Mall
- Dubai International Airport: Convenient travel connections
- Business Districts: Quick access to major commercial areas
Developer: Damac Properties
Damac Properties is a leading real estate developer in Dubai, with over two decades of experience delivering premium residential and commercial projects. Known for innovation, quality, and attention to resident satisfaction, Damac has consistently delivered iconic developments with top-tier amenities and thoughtfully designed communities.
Location

Amenities
- • Indoor Swimming Pool
- • Landscaped Gardens
- • CCTV Security
- • Gymnasium
- • Restaurants
- • Children's Play Area
Verified agencies
These brokers are verified by the Dubai Land Department (DLD) and authorized to advertise this project.


