DAMAC Riverside - Olive

1. Is it on schedule?0% built in July 2026 against a June 2028 handover: 100% left to build in 23 months · DLD project register, Jul 20260%Context
2. Is my money protected?Payments go to an escrow account at بنك المشرق (شركة مساهمة عامة), as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,746/sqft, 4.5% above the DAMAC Riverside off-plan median across 4 projects+4.5%Context
4. Is it selling?162 off-plan sales registered in the last 12 months, of 208 villas162Context
5. Who is building it?Damac Properties, licence no. 1866; 0 of its 18 dated live projects are past their registered dates0%Context

Escrow agent

بنك المشرق (شركة مساهمة عامة)

Developer, as licensed

DAMAC MRY INVESTMENT L.L.C (no. 1866)

Master developer

Damac Miri Investment

Registered start

October 2025

Configuration

Project consists of 208 Nos. of G+1 and G+2 Townhouses and Villas located in Dubai Investment Park Second, Dubai. The units are designed to have a concrete structure and block with internal and external finishes.

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales filed under this project number, 12 months to 12 Oct 2026.

When will DAMAC Riverside - Olive be completed?

The developer registered handover for June 2028, 23 months after DLD’s latest record, and the project was 0% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of July 2026.

What does DAMAC Riverside - Olive cost per square foot?

AED 1,746 per sqft, the median of 162 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 2.79M. That is 4.5% above the DAMAC Riverside off-plan median across 4 projects.

Is DAMAC Riverside - Olive in escrow?

Yes: the Land Department register names بنك المشرق (شركة مساهمة عامة) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of DAMAC Riverside - Olive?

DAMAC MRY INVESTMENT L.L.C, licence no. 1866, by the register’s own licence number; the master developer that owns the land is Damac Miri Investment. Dubai Land Department project register as of July 2026.

How many villas does DAMAC Riverside - Olive have?

208 registered villas. Dubai Land Department project register as of July 2026.