Damac Riverside - Olive in Dubai Investment Park (DIP)
Damac Riverside - Olive · Dubai Investment Park (DIP), Dubai
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Launch Price
AED 1.96M
Property Type
Mixed-Use
Bedrooms
Various
Payment Plan
20/60/20
Handover
Q2 2028
Projected Yield
5.5 to 7.5%
Off-plan multiple/other buyers in Dubai Investment Park (DIP) will find Damac Riverside - Olive starting at AED 1.96M. A 20% booking payment secures the unit. Construction-phase instalments total 60%, with the remaining 20% due at handover scheduled for Q2 2028. Projected gross returns run in the 5.5 to 7.5% range annually, in line with similar off-plan product in Dubai. MonthlyDubai sends personalised shortlists to WhatsApp within 48 hours. Free to use, no agency commission involved.
Payment Plan Breakdown
From AED 43,467/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 391,200 Due on signing SPA |
|
| During Construction | 60% | AED 43,467/mo 27 monthly instalments |
|
| On Handover | 20% | AED 391,200 Due at Q2 2028 |
|
| Total | AED 1,956,000 | ||
On Booking
20%
AED 391,200
Due on signing SPA
During Construction
60%
AED 43,467/mo
27 monthly instalments
On Handover
20%
AED 391,200
Due at Q2 2028
Total
100%
AED 1,956,000
Questions about Damac Riverside - Olive
What payment plan does Damac Riverside - Olive offer?
Damac Riverside - Olive uses a 20/60/20 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q2 2028.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Damac Riverside - Olive fits your budget and send you comparable alternatives.
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