Marine 1 at DAMAC Riverside Views by DAMAC Properties in DAMAC Riverside Golden Visa concept graphic with a gold card over an aerial rendering of residential buildings and a landscaped waterway in Dubai - Presented by Tohid Fetrat

DAMAC Properties · DAMAC Riverside

Marine 1 at DAMAC Riverside Views Golden Visa

Where Each Apartment Sits Against the Threshold

Neither apartment type at Marine 1 reaches the AED 2M ≈ USD 545K Golden Visa property threshold on its own at listed prices: 1 Bedroom Apartments start at AED 1.10M ≈ USD 300K and 2 Bedroom Apartments at AED 1.75M ≈ USD 477K. See the unit-by-unit check, how far each type sits below the line, and what the payment plan means before the Q2 2028 handover.

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AED 1.10M ≈ USD 300KStarting Price
AED 2M ≈ USD 545KGolden Visa Threshold
11.8%DLD Register Reading
Q2 2028Handover Date

Eligibility Snapshot

Marine 1 at DAMAC Riverside Views Golden Visa Facts

Marine 1 is a 358-residence apartment building by DAMAC Properties in DAMAC Riverside Views, the apartment district of DAMAC Riverside in Dubai Investment Park 2. The Dubai Land Department registers it on its own as "Damac Riverside Views - Marine 1" under project number 3372, registered on 19 November 2024, with construction started on 29 January 2025 and a registered completion date of 31 May 2028; the DLD describes a G+3P+14+R residential building. The project register shows 11.8% progress recorded on 16 July 2026, with the main contract progressing. For residency planning the deciding figure is price: 1 Bedroom Apartments start at AED 1.10M ≈ USD 300K and 2 Bedroom Apartments at AED 1.75M ≈ USD 477K, so neither type reaches, on its own, the AED 2M ≈ USD 545K minimum property value that the UAE Golden Visa program sets, under the rules in force on the date you apply. Handover is expected in Q2 2028, when the Oqood registration gives way to a title deed.

Golden Visa Threshold

AED 2M ≈ USD 545K

Marine 1 Starting Price

AED 1.1M ≈ USD 300K

Closest Unit to Threshold

2 Bedroom Apartments, AED 250,000 ≈ USD 68K short

Ownership

Terms as set out in the SPA and on the DLD record

Registration Type

Oqood now, Title Deed after the Q2 2028 handover

Developer

DAMAC

Data as of July 2026: register figures from the Dubai Land Department project register, recorded on 16 July 2026, and current listed Marine 1 prices. Figures are updated quarterly.

Unit by Unit

How Marine 1 Apartments Measure Against the AED 2M Threshold

A Golden Visa page normally opens with a yes. Marine 1 calls for a plainer reading: both apartment types are priced under the AED 2M ≈ USD 545K property line, so for a buyer whose plans turn on residency the useful number is the size of the gap. The 1 bedroom sits well under the line; the 2 bedroom comes within AED 250,000 ≈ USD 68K of it, which still leaves it short on its own.

Unit TypeUnit SizeStarting PriceQualifies Alone
1 Bedroom Apartments798 sq ft (74 sq m)AED 1.10M ≈ USD 300KNo
2 Bedroom Apartments1,331 sq ft (124 sq m)AED 1.75M ≈ USD 477KNo
Neither apartment type at Marine 1 reaches the threshold alone at listed prices. The 2 Bedroom Apartments come closest, AED 250,000 ≈ USD 68K short.
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Why this matters: the figure assessed is the purchase value recorded with the Dubai Land Department, on the Oqood during construction and on the title deed after completion, not the advertised starting price or the total cash paid. At a listed AED 1.75M ≈ USD 477K, the 2 Bedroom Apartments remain under AED 2M ≈ USD 545K, so confirm the threshold and conditions in force on your application date before relying on a Marine 1 purchase for residency.

Payment Plan and Timing

The Marine 1 Payment Plan and Golden Visa Timing

Marine 1 is offered on the DAMAC Riverside Views regular payment plan, an 80/20 structure: 20% on booking plus the 4% DLD registration fee, 60% in 40 instalments scheduled by months from booking, and 20% on completion. As an illustration on 2 Bedroom Apartments at AED 1.75M ≈ USD 477K: AED 350,000 ≈ USD 95K on booking, AED 1,050,000 ≈ USD 286K across the 40 instalments (AED 17,500 ≈ USD 5K for a 1% instalment and AED 105,000 ≈ USD 29K for each of the four 6% instalments), and AED 350,000 ≈ USD 95K on completion, with the registration fee adding AED 70,000 ≈ USD 19K paid to the Dubai Land Department. DAMAC publishes this as the regular payment plan for DAMAC Riverside Views; confirm the schedule that applies to a Marine 1 unit with DAMAC and in the SPA.

My read on the timing: on a project where the units clear the threshold, buyers choose between applying on the Oqood during construction and waiting for the title deed. At Marine 1 that choice does not open a residency route through a single unit, because the Oqood registered after booking and the title deed issued after the Q2 2028 handover record the same purchase value, and paying instalments early does not raise it. Off-plan conditions on paid value are commonly applied and updated from time to time, so a buyer for whom residency is the deciding factor should settle eligibility first under the conditions in force at the time of application, then judge Marine 1 on its merits as a home or a long-term holding.

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VIP processing, zero service fee: for my buyers who are eligible to apply, the full application service, from preparing documents to submission and status follow-up, is free. Government fees apply, at the official rates the authorities publish.

Read the full Off-Plan Property Golden Visa guide

The Project

What a Marine 1 Apartment Offers Beyond the Visa Question

Residency is only one lens on Marine 1. The full project guide covers what the purchase price buys in practice: the 1 and 2 bedroom layouts, the planned DAMAC Riverside Views amenities, the payment plan, and the building's place within DAMAC Riverside.

Marine 1 at DAMAC Riverside Views by DAMAC Properties in DAMAC Riverside project rendering of multi-storey residential buildings with balconies beside a landscaped swimming pool at dusk in Dubai - Presented by Tohid Fetrat

Marine 1 at DAMAC Riverside Views: 1 and 2 Bedroom Apartments

Marine 1 at DAMAC Riverside Views holds 358 one and two bedroom apartments by DAMAC Properties in a G+3P+14+R residential building.

View the Marine 1 at DAMAC Riverside Views Project Guide

Golden Visa Guides

Requirements, Process, and Benefits in Full

Program rules work the same way for every Dubai property, so the full detail sits in the dedicated guides below rather than on this Marine 1 page.

Golden Visa Requirements: AED 2M in Real Estate Registered in Your Name

Golden Visa requirements for property investors: real estate worth at least AED 2M, ownership proof, mortgages, off-plan rules and documents.

Read the Dubai Golden Visa requirements guide

Applying for the Golden Visa in Seven Steps, From Purchase to Approval

For a property investor, the seven steps run from the purchase to the visa, usually within weeks of ownership being confirmed.

Read the UAE Golden Visa application guide

Golden Visa Benefits: Residency, Family Sponsorship and Long Periods Abroad

Golden Visa benefits: residency without an employer, long periods abroad without losing status and the right to sponsor your family.

Read the Dubai Golden Visa benefits guide

Insights

Marine 1 Insights for Golden Visa Planning

The Golden Visa question at Marine 1 is answered on price, but a purchase here still rests on verified build progress toward the title deed and on escrow protection for every instalment. The resources below cover both before you commit.

Marine 1 at DAMAC Riverside Views by DAMAC Properties in DAMAC Riverside Golden Visa concept graphic with a gold card over an aerial rendering of residential buildings and a landscaped waterway in Dubai - Presented by Tohid Fetrat
You Are Here

Marine 1 Golden Visa Guide

This page: how each Marine 1 apartment type compares with the AED 2M ≈ USD 545K threshold and what the payment plan means for timing.

Marine 1 at DAMAC Riverside Views by DAMAC Properties in DAMAC Riverside construction updates cover image featuring a project rendering of a residential building overlooking an outdoor pool and landscaped terrace in Dubai - Presented by Tohid Fetrat

Marine 1 Construction Updates: DLD Project 3372 in Dubai Investment Park

Marine 1 at DAMAC Riverside Views, DAMAC Properties' 358-residence building in DAMAC Riverside, read 11.8% at the 16 July 2026 inspection.

View Marine 1 at DAMAC Riverside Views Construction Updates
Marine 1 at DAMAC Riverside Views by DAMAC Properties in DAMAC Riverside escrow account concept graphic showing a shield and padlock over an aerial rendering of buildings beside a landscaped waterway in Dubai - Presented by Tohid Fetrat

Marine 1 Escrow Account: First Abu Dhabi Bank, Plot 1289

Marine 1 at DAMAC Riverside Views, DLD project 3372, escrows with First Abu Dhabi Bank and read 11.8% in July 2026.

Verify the Marine 1 at DAMAC Riverside Views Escrow Account

Structure

DAMAC Riverside Beyond Marine 1

Whatever the visa outcome, the setting of a Marine 1 apartment shapes its long-term appeal as much as the building does. Compare homes across DAMAC Riverside, see how the master community is planned, and review DAMAC Properties before you decide.

Aerial view of DAMAC Riverside properties for sale in Dubai showing modern residences, landscaped green spaces and community water features, Presented by Tohid Fetrat

DAMAC Riverside Properties for Sale

Browse homes for sale across DAMAC Riverside and compare each one with your budget and the Golden Visa threshold.

See DAMAC Riverside Properties for Sale
DAMAC Riverside by DAMAC Properties aerial masterplan with central lagoon landscaped parks and residential villas illuminated at night in Dubai - Presented by Tohid Fetrat

DAMAC Riverside Community

See the master plan, its landscaped and waterfront zones, and the planned community amenities around Marine 1.

Explore the DAMAC Riverside Community
DAMAC Properties development overlooking Dubai skyline and waterfront with modern architecture at sunset in Dubai Presented by Tohid Fetrat

DAMAC Properties: Lagoon Communities, Golf Villas and Branded Collaborations

Founded in 2002, DAMAC has delivered 48,000 homes and is known for large-scale master communities, luxury residential projects and branded collaborations.

View the DAMAC Properties Developer Profile

FAQs

Marine 1 at DAMAC Riverside Views Golden Visa Frequently Asked Questions

At listed prices, 1 Bedroom Apartments at Marine 1 start at AED 1.10M ≈ USD 300K and 2 Bedroom Apartments at AED 1.75M ≈ USD 477K, so neither type reaches the AED 2M ≈ USD 545K Golden Visa property threshold on its own. The 2 Bedroom Apartments come closest, AED 250,000 ≈ USD 68K short of the line. The full property criteria are set out in the Dubai Golden Visa requirements guide.

The figure assessed is the purchase value recorded with the Dubai Land Department: on the Oqood registration while Marine 1 is under construction and on the title deed after completion. An advertised starting price, the cash paid so far or any registration charge does not stand in for that recorded value. Requirements are applied under the regulations in force at the time of application, so the recorded value is compared with the threshold that applies on the application date.

Marine 1 is offered on the DAMAC Riverside Views regular payment plan: 20% plus the 4% DLD registration fee on booking, 60% in 40 instalments scheduled by months from booking, and 20% on completion. The registration fee is paid to the Dubai Land Department and is not part of the purchase value used for a Golden Visa assessment. Because neither apartment type reaches the property threshold alone at listed prices, the pace of payments does not open an application window through a single Marine 1 unit. DAMAC publishes this as the regular payment plan for DAMAC Riverside Views; confirm the schedule that applies to a Marine 1 unit with DAMAC and in the SPA.

Off-plan property applications are commonly supported by an Oqood registration together with proof of the qualifying value and of any paid-value condition current when the file is lodged, and those conditions are updated from time to time. The value test comes first: at listed prices of AED 1.10M ≈ USD 300K for 1 Bedroom Apartments and AED 1.75M ≈ USD 477K for 2 Bedroom Apartments, a single Marine 1 unit does not reach the AED 2M ≈ USD 545K threshold on the Oqood, and the title deed issued after the Q2 2028 handover records the same purchase value. The two stages are compared in the off-plan property Golden Visa guide.

Mortgaged property has commonly been accepted for property-based Golden Visa applications under conditions set by the authorities, which have included documents from the lending bank; the conditions in force at the time of application decide. A mortgage does not change the registered purchase value, so the comparison with the AED 2M ≈ USD 545K threshold is the same as for a cash purchase, and at listed prices neither Marine 1 apartment type reaches it alone.

For property registered to more than one owner, the authorities have commonly looked at each owner's share of the registered value, with specific provisions for spouses, under the rules in force at the time of application. Splitting a Marine 1 apartment between co-owners lowers each share measured against the threshold, because the full listed prices of AED 1.10M ≈ USD 300K and AED 1.75M ≈ USD 477K sit below AED 2M ≈ USD 545K to begin with.

Three checks come first: the purchase value that will be recorded on the Oqood and later on the title deed, the property threshold and any paid-value conditions in force on the planned application date, and whether a different Golden Visa category suits the buyer, since property is only one of the qualifying routes. The categories and documents are listed in the Dubai Golden Visa requirements guide.

The UAE Golden Visa is currently issued for a 10-year term and is renewable while the holder keeps meeting the qualifying conditions in force at renewal; on the property route that means continuing to own property that meets the value requirement. At listed prices neither Marine 1 apartment type reaches the AED 2M ≈ USD 545K threshold alone. What the visa includes, from family sponsorship to its limits, is covered in the Dubai Golden Visa benefits guide.

No. Buyers who purchase through this advisory and are eligible to apply receive the VIP application service free; government fees apply, at the rates the issuing authorities set when the file is lodged. The service covers preparing the documents, submitting the file and following its status through to a decision.

No. At listed prices neither Marine 1 apartment type reaches the AED 2M ≈ USD 545K property threshold on its own, and even a purchase that does reach it only allows an application: approval rests on every requirement in force when the application is made, from verifying ownership to the checks run by the issuing authorities. Build progress toward the Q2 2028 handover is tracked on the Marine 1 at DAMAC Riverside Views construction updates page.

Portrait of Tohid Fetrat, Dubai real estate advisor and portfolio manager with expertise in luxury developments

Your Advisor

Tohid Fetrat

Independent of the developer: I work for the buyer, and my only job on this page is making sure the property you buy actually qualifies before you commit, with the VIP visa application service included free for my buyers. Client identities and transactions are never published or referenced. Message or call me directly: you will always reach me personally, never a call center or sales team.

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