Investment Details
10%
Projected Rental Yield
15%
Projected Capital Appriciation
25%
Projected Gross Return
₹ 21,000,000
Pricing
Overview
Damac Riverside View: Where Luxury Meets Serenity
Imagine waking up to breathtaking views of the Dubai Water Canal, surrounded by lush green landscapes and modern architecture. Welcome to Damac Riverside View, a luxurious residential complex that redefines the concept of waterfront living.
Unparalleled Views
Damac Riverside View offers stunning views of the Dubai Water Canal, providing a unique and unparalleled living experience. Residents can enjoy breathtaking vistas of the canal, city skyline, and surrounding landscapes from the comfort of their own homes.
Luxurious Amenities
Damac Riverside View is designed to provide a luxurious and comfortable living experience. Residents can enjoy a range of amenities, including:
Infinity Pool: A stunning infinity pool that seems to blend seamlessly into the Dubai Water Canal.
Fitness Center: A state-of-the-art fitness center equipped with the latest equipment and technology.
Spa and Wellness Center: A luxurious spa and wellness center offering a range of treatments and therapies.
Private Beach: A private beach area where residents can relax and enjoy the sun, sand, and sea.
Modern Architecture
Damac Riverside View features modern and sleek architecture, designed to maximize the stunning views of the Dubai Water Canal. The complex consists of spacious apartments, each equipped with the latest amenities and technology.
Prime Location
Damac Riverside View is strategically located in Business Bay, one of Dubai's most prestigious and sought-after neighborhoods. Residents can enjoy easy access to Dubai's major landmarks, including the Burj Khalifa, Dubai Mall, and Dubai International Airport.
Investment Opportunity
Damac Riverside View offers a unique investment opportunity for those looking to own a piece of Dubai's luxurious waterfront. With its stunning views, luxurious amenities, and prime location, Damac Riverside View is the perfect choice for investors and homeowners alike.
Overview
Location: Business Bay, Dubai
Property Type: Luxury Apartments
Views: Dubai Water Canal, City Skyline, and Surrounding Landscapes
Amenities: Infinity Pool, Fitness Center, Spa and Wellness Center, Private Beach, and more.
Floor Plan
360° Virtual Tour
Location Highlights
Strategic Location:
1. Central Business District: Business Bay is located in the heart of Dubai, serving as the city's central business district.
2. Easy Access: The area is easily accessible via Sheikh Zayed Road, Al Khail Road, and the Dubai Metro.
Proximity to Key Landmarks:
1. Burj Khalifa: Business Bay is situated adjacent to the Burj Khalifa, the world's tallest building.
2. Dubai Mall: The area is close to the Dubai Mall, one of the world's largest shopping malls.
3. Dubai International Financial Centre (DIFC): Business Bay is near the DIFC, a leading financial hub in the Middle East.
Waterfront Location:
1. Dubai Water Canal: Business Bay is situated along the Dubai Water Canal, offering stunning waterfront views.
2. Marina: The area features a marina, providing opportunities for water sports and leisure activities.
Infrastructure Development:
1. Metro Station: Business Bay has its own metro station, making it easy to commute to other parts of the city.
2. Road Network: The area is well-connected to the rest of Dubai via a comprehensive road network.
3. Pedestrian-Friendly: Business Bay is designed to be pedestrian-friendly, with wide sidewalks and pedestrian bridges.
Business and Leisure Opportunities:
1. Office Spaces: Business Bay offers a range of office spaces, from luxury towers to boutique offices.
2. Retail and Dining: The area features a variety of retail and dining options, including restaurants, cafes, and shops.
3. Hotels and Serviced Apartments: Business Bay is home to several hotels and serviced apartments, catering to business travelers and tourists.
Overall, Business Bay's strategic location, proximity to key landmarks, waterfront location, and infrastructure development make it an attractive destination for businesses, residents, and tourists alike.
Approvals & Certifications
ReRA approvedGrowing Demand
1. Population Growth: Dubai's population is expected to grow to 5.2 million by 2030, driving demand for housing.
2. Tourism Boom: Dubai's tourism industry is booming, with over 16 million visitors in 2020, creating demand for short-term rentals.
High Rental Yields
1. Rental Income: Dubai residential apartments offer high rental yields, ranging from 8-10% per annum.
2. Short-Term Rentals: Dubai's tourism industry creates opportunities for short-term rentals, providing higher yields than traditional long-term rentals.
Capital Appreciation
1. Property Price Growth: Dubai's property market has historically shown significant capital appreciation, with prices expected to rise in the coming years.
2. Infrastructure Development: Dubai's infrastructure development, including new airports, metro lines, and highways, increases property values.
Tax-Free Environment
1. No Income Tax: Dubai has no income tax, allowing investors to retain their rental income.
2. No Capital Gains Tax: Dubai has no capital gains tax, making it an attractive destination for property investors.
Secure and Regulated Market
1. Regulated Market: Dubai's property market is regulated by the Dubai Land Department and the Real Estate Regulatory Agency (RERA).
2. Secure Investment: Dubai's secure and stable environment, with a strong economy and government, makes it an attractive destination for property investors.
Diversification
1. Diversify Your Portfolio: Investing in Dubai residential apartments provides a diversification opportunity, reducing reliance on traditional assets.
2. Global Demand: Dubai's property market attracts global demand, providing a unique opportunity to tap into international investment flows.
Ease of Ownership
1. Foreign Ownership: Dubai allows foreign ownership of property, making it easy for international investors to invest.
2. Streamlined Process: The process of buying and owning property in Dubai is streamlined and efficient, with minimal bureaucracy.
Investing in Dubai residential apartments offers a unique combination of growing demand, high rental yields, capital appreciation, tax-free environment, secure and regulated market, diversification, and ease of ownership.