Marine 1 at DAMAC Riverside Views

Marine 1 at DAMAC Riverside Views is a residential apartment building by DAMAC Properties in DAMAC Riverside Views, the apartment district of DAMAC Riverside in Dubai Investment Park 2. It holds 358 residences in two types, 1 Bedroom Apartments and 2 Bedroom Apartments, with prices from AED 1.10M ≈ USD 300K and handover scheduled for Q2 2028.

Marine 1 is in DAMAC Riverside, Dubai Investment Park 2, a location DAMAC describes as having easy access to key roads and major highways and sitting close to Al Maktoum International Airport. DAMAC's DAMAC Riverside Views factsheet gives community drive times of about 12 minutes to the Expo 2020 site and to Al Maktoum International Airport, 14 minutes to DAMAC Mall, 16 minutes to Global Village and 19 minutes to Dubai Outlet Mall. These are community figures, not figures specific to Marine 1.

Two apartment types are offered: 1 Bedroom Apartments from AED 1.10M ≈ USD 300K at 798 sq ft (74 sq m), and 2 Bedroom Apartments from AED 1.75M ≈ USD 477K at 1,331 sq ft (124 sq m). Units are available, and DAMAC controls which units it releases and at what price, so the price and availability of a specific unit are fixed only at the time of booking.

DAMAC's DAMAC Riverside Views materials describe the one bedroom residences with efficient layouts, light-filled living areas, a planned kitchen, a walk-in closet and an oversized terrace. The two bedroom residences add an en-suite bedroom with walk-in closet, a foyer entrance, separated kitchen and living spaces and an extended terrace. These are collection-level descriptions; the specification of a Marine 1 unit is the one set out in its SPA.

DAMAC organises the planned amenities under three themes along a landscaped Green Vein and a waterfront Water Vein. Food and Well-being includes the Portofino restaurant, an island restaurant, outdoor culinary classes, BBQ and live cooking stations and a hydroponic farm. Health and Activity includes fitness by the water, a floating chess stage, calisthenics stations, a climbing wall that drops into water, a Zen spa and essential-oil lakes. Social and Culture includes a floating opera stage, a floating cinema, peace rooms, a clubhouse with retail, an amphitheatre, an adults' games zone and a kids' adventure land. These are community amenities, planned and subject to final design and approvals.

Handover is scheduled for Q2 2028, and the Dubai Land Department record lists a completion date in Q2 2028. The building is in early-stage construction with the main contract progressing, so most of the build is still ahead. Each official inspection reading is tracked in the Marine 1 at DAMAC Riverside Views construction updates.

The DAMAC Riverside Views regular payment plan splits the price 20/60/20: a 20% deposit plus the 4% DLD registration fee on booking, 60% in 40 instalments scheduled by months from booking (most of them 1% each, four of them 6%), and 20% on completion. On a 1 bedroom at AED 1,100,000 that is AED 220,000 ≈ USD 60K on booking, AED 660,000 ≈ USD 180K across the instalments and AED 220,000 ≈ USD 60K on completion. 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.

The main addition is the 4% DLD registration fee, paid at booking alongside the 20% deposit: AED 44,000 ≈ USD 12K on a 1 bedroom at AED 1,100,000, or AED 70,000 ≈ USD 19K on a 2 bedroom at AED 1,750,000. The fee is paid to the Dubai Land Department, not into the project escrow account. Any further charges that apply to a unit are listed in its SPA.

The ownership terms for a Marine 1 apartment are the ones written into its SPA and recorded by the Dubai Land Department, first as an Oqood registration during construction and then on the title deed after completion. Because tenure is a legal term rather than a marketing line, buyers read it in the SPA and check it against the DLD record before paying the deposit.

At the listed prices, neither apartment type reaches the AED 2M ≈ USD 545K property value threshold for the 10 year UAE Golden Visa on its own: 1 Bedroom Apartments start from AED 1.10M ≈ USD 300K and 2 Bedroom Apartments from AED 1.75M ≈ USD 477K. The value that counts is the one recorded on the DLD title deed or Oqood. The Marine 1 at DAMAC Riverside Views Golden Visa guide explains how the threshold is applied.

Off plan payments for Marine 1 are made into the project's DLD-registered escrow account with First Abu Dhabi Bank and released to the developer against verified construction progress, a framework regulated by the Dubai Land Department. The Marine 1 at DAMAC Riverside Views escrow account guide explains how the account works and how to verify it.

Yes. Reservation, SPA signing, payments and DLD registration can all be completed remotely, and I manage the process end to end with DAMAC on the buyer's behalf. Each stage of a remote purchase is documented in my Dubai real estate guide library.