Reemah Elite Real Estate
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Projects·Dubai·DAMAC Riverside
Olive, townhouses in DAMAC Riverside, Dubai, by DAMAC Properties
Off-PlanTownhouses

Olive

DAMAC Riverside · Dubai · by DAMAC Properties
Details are indicative, confirm with our desk before transacting
Price from
AED 4.34M
entry price
Bedrooms
4BR-5BR
Townhouses
Handover
Q2 2028
Off-Plan
Est. gross yield
On ask

Olive is a townhouse development by DAMAC Properties in DAMAC Riverside, Dubai. The project offers 4BR to 5BR homes. Unit sizes run from 2,297 to 3,407 sqft. Launch pricing starts at AED 4,337,000. The published payment plan is 80/20: 20 percent on booking, 60 percent during construction, 20 percent on handover. Handover is scheduled for Q2 2028. Amenities include gym or health club, swimming pool, kids play area. Dubai is freehold for all nationalities, with no annual property tax, and a purchase at AED 2 million or above supports a ten year Golden Visa.

Why it makes the list
  • Launch price from AED 4,337,000
  • 80/20 payment plan
  • Handover Q2 2028
  • 4BR-5BR homes
Payment structure
80/20
Modelled on entry price AED 4.34M
Booking / down payment20% · AED 867,400
During construction60% · AED 2,602,200
On handover20% · AED 867,400

Payment plan as published on the developer's project listing, captured 2026-09-16. Confirmed with our desk before reservation. Figures shown against the entry price. Confirm the live schedule with our desk. Indicative, not financial advice.

Cost to entry
What it takes to secure a unit at Olive: the down payment plus government and trustee costs, before the mortgage question.
Down payment20%
AED 867,400
DLD fee4%
AED 173,480
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 1,045,380
Down payment 20% + DLD 4% + trustee. Indicative, not financial advice.
Location
DAMAC Riverside · Dubai
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DA
Developer
DAMAC Properties
Tier 1 developer · 43,000+ units delivered across the Middle East · since 2002
Track record →
Data provenance

Details for Olive are compiled from the developer’s published project listing, captured 16 September 2026. Figures are indicative and are reconfirmed against DAMAC Properties’s current inventory before any reservation. Spotted something out of date? Tell us and we will check it against the source.

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