Off-plan
Damac Riverside
Off-plan family community on the canal
Townhouse pricing among the lowest in any new masterplan.
Gross yield
6.8%
QoQ
+0.6 pp
Price/sqft
Dh1,180
Median
Dh1.4M
Gross yield?
6.8%
QoQ change?
+0.6 pp
Price / sqft?
Dh1,180
Median ticket?
Dh1.4M
Handovers next 12mo?
0 (off-plan)
Time to sell?
n/a (off-plan)
Rent change YoY?
n/a
Median annual rent?
n/a
“Townhouse pricing among the lowest in any new masterplan. Concentration risk is real.”
Demand drivers
Families priced out of Damac Hills and Tilal Al Ghaf. The lagoon-themed masterplan style continues to sell tickets, even in a quieter corridor than Damac Lagoons.
Supply outlook
Heavy Damac concentration in the surrounding pipeline. Phase 1 hand-over Q4 2027, three further phases announced.
Strategy fit
Off-plan flip pre-handover or family end-user buy.
Comparable areas
Damac Lagoons (more mature) and Town Square (cheaper).
12-month thesis
Patience. The pipeline keeps a soft floor; the upside arrives when the lagoon opens.