Olive

  • From AED 3,680,000
  • ≈ € 883.200 / £ 772.800
  • From AED 3,680,000
  • ≈ € 883.200 / £ 772.800
  • Op aanvraag
  • m2
  • Q2 2029
  • Handover
  • 4, 5
  • Bedrooms
  • 75/25
  • Payment Plan
  • Damac
  • Developer

Project description

  • Spacious 4 and 5 bedroom townhouses within a gated community
  • Beautiful aqua-themed design and meticulously planned landscaping
  • Extensive wellness facilities including a Zen spa and calisthenics stations
  • Favourable payment plan with 75% payable during the construction phase
  • Strategic location in the sought-after Damac Riverside area with river views

Overview of Olive in Damac Riverside

Olive in Damac Riverside represents an exceptional opportunity to invest in a carefully designed residential community in the heart of Dubai. This off-plan project, developed by the renowned Damac Properties, is specifically designed for families seeking a harmonious lifestyle where modern amenities blend with the tranquillity of nature. The emphasis is on creating a serene, water-inspired retreat that exudes a beneficial and calming atmosphere. The project’s completion is scheduled for the second quarter of 2029, offering investors an attractive horizon for future capital appreciation. The entire concept is focused on fostering a sense of community and wellbeing, away from the city’s hustle and bustle, yet perfectly connected to all key amenities. The townhouses are clustered within a peaceful and screened environment, ensuring privacy and security for all residents. This project stands out due to its attention to detail and commitment to delivering a living experience that transcends everyday standards. It is a place where families can thrive, surrounded by like-minded neighbours and an abundance of green spaces. For international investors, Olive offers not only a luxury residence but also a sustainable investment in one of the world’s most dynamic property markets. We are ready to provide you with detailed information and guide you through every step of the purchasing process.

Property Types and Layouts at Olive

At Olive, you can expect exclusive townhouses, available only in spacious 4 and 5 bedroom layouts. These homes are designed with a strong focus on functionality, aesthetics, and maximising living space. The specific floor areas are available upon request, indicating a degree of customisation and exclusivity for the different units. The interiors are finished in neutral and earthy tones, creating a sense of warmth and calm, while the open floor plans provide a feeling of space and freedom. Each home features a spectacular living area that seamlessly flows into an open dining area and a modern kitchen equipped with high-quality appliances and fittings. Large windows allow for an abundance of natural light and offer breathtaking views of the surrounding landscapes, while resident privacy is maintained. The bedrooms feature walk-in wardrobes, contributing to an organised and luxurious living environment. One of the most prominent features is that each unit has its own terrace or balcony, where residents can begin the day by awakening to nature and a refreshing morning sun. This attention to detail in the layout ensures a home that is not only beautiful but also perfectly tailored to the needs of a modern family, with every square metre optimised.

Developer Damac and Construction Quality

The developer of Olive, Damac Properties, is an established name in Dubai’s real estate world and is synonymous with quality, innovation, and reliability. With an impressive track record of delivering iconic projects, Damac brings a wealth of experience to the development of Olive in Damac Riverside. Construction quality is a top priority, with a focus on sustainable materials and solid finishes, resulting in a project built for the future. Damac is known for its architecturally appealing and functionally strong designs, and Olive is no exception. The project reflects the developer’s vision of creating living communities that go beyond mere housing by offering complete lifestyles. The masterfully designed landscaping and shared amenities demonstrate a deep understanding of what modern residents desire. Confidence in a developer like Damac is a crucial element for investors, as it provides assurance of timely completion and a project that meets the highest international standards. For our clients, we act as the point of contact and ensure your interests are represented, from initial exploration to the final handover.

Location and Surroundings of Damac Riverside

The location of Olive within the Damac Riverside community is one of the most compelling arguments for an investment. This carefully planned district offers a perfect balance between the serenity of a water-inspired environment and the dynamism of city life. The townhouses are just a stone’s throw from the clear waters of the river, providing panoramic views and a constant sense of relaxation. The surroundings are designed as an oasis of calm, where residents can escape the hustle and bustle without compromising on convenience and accessibility. Proximity to major connecting roads ensures excellent accessibility to Dubai’s main landmarks and business districts. Within the community itself, amenities are plentiful, with a focus on health, wellness, and social interaction. These include hydroponic farms for fresh produce, culinary classes, and special BBQ zones for social gatherings. The environment encourages an active lifestyle, with spaces for recreation such as an amphitheatre, a games zone, and an adventure land for children. It is a location tailored for a high-quality standard of living, making it a highly sought-after destination for both local and international buyers.

Payment Plan for Investing in Olive

The payment plan for Olive is specifically designed to make investment accessible and manageable, which is particularly attractive for international buyers. The plan provides for 75 percent of the purchase price to be paid during the construction phase, with the remaining 25 percent due upon the project’s final completion. This phased approach allows investors to spread their financial commitments and offers a clear and transparent timeline for payments. The starting price for a townhouse in this exclusive project is AED 3,680,000 (approximately £802,000 / €935,000), a highly competitive price for a home of such size and quality in a reputable community like Damac Riverside. Such a payment plan significantly reduces the initial financial pressure and aligns seamlessly with the construction progress, further strengthening confidence in the project. It offers investors the opportunity to participate in Dubai’s growing real estate market with a relatively low initial investment. Our team can provide you with a detailed breakdown of the payment schedule and advise you on the best financing options. We guide you through the entire process, so you can invest in your future property in Dubai with peace of mind.

Payment Plan For Olive

20%

Down Payment

≈ € 176,640

AED 736,000

55%

During construction (in installments)

≈ € 485,760

AED 2,024,000

25%

After Handover

≈ € 220,800

AED 920,000

Contact us for more information about the payment plans

Distance:Al Maktoum International Airport: 18 minutes, Dubai Marina: 22 minutes, Downtown Dubai: 28 minutes, Mall of the Emirates: 20 minutes, Burj Khalifa: 28 minutes

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Images are for illustrative purposes only and may differ from the actual property. The stated completion date is indicative and may be subject to delay. Whilst this page has been compiled with care, information may be inaccurate or outdated. The price shown is a starting price and may differ from the current price. Please refer to our full disclaimer for further information.

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