
DAMAC Properties · DAMAC Riverside
Marine 3 at DAMAC Riverside Views Golden Visa
Where Each Apartment Sits Against the AED 2M Line
Neither apartment type at Marine 3 reaches the AED 2M ≈ USD 545K Golden Visa property threshold on its own at the listed prices. See how far each type sits from the line, which registered value is assessed, and what the payment plan and the Q1 2029 handover change on paper.
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Eligibility Snapshot
Marine 3 at DAMAC Riverside Views Golden Visa Facts
Marine 3 is a 276-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 register lists it as project 3374, "Damac Riverside Views - Marine 3", registered on 20 November 2024 with construction started on 29 January 2025, and the DLD's independent progress monitoring report describes a G+2P+8 residential building, ground plus two podium levels plus eight floors. The register reading recorded on 26 August 2026 stands at 18.22%, with the main contract progressing, and the registered completion date on the DLD record is 31 May 2028. That date is the developer's filing; the handover communicated for Marine 3 is Q1 2029, and buyers confirm the date in the SPA. The detail that matters for residency planning: 1 bedroom apartments start at AED 880K ≈ USD 240K and 2 bedroom apartments at AED 1.315M ≈ USD 358K, so neither type reaches the AED 2M ≈ USD 545K minimum property value applied under the UAE Golden Visa program on its own, subject to the regulations in force when you apply. Oqood registration covers the purchase during construction and gives way to a title deed after handover.
AED 2M ≈ USD 545K
AED 880K ≈ USD 240K
2 Bedroom Apartment from AED 1.315M ≈ USD 358K
Terms set out in the SPA and on the DLD record
Oqood now, Title Deed after the Q1 2029 handover
DAMAC
Register data as recorded on 26 August 2026 in the Dubai Land Department project register; prices are the current starting prices for Marine 3 apartments. Figures are updated quarterly.
Unit by Unit
How Marine 3 Apartments Compare With the AED 2M Threshold
A lot of off-plan apartment buyers assume residency comes bundled with the purchase. At Marine 3 the arithmetic says otherwise. The 1 bedroom entry price of AED 880K ≈ USD 240K sits AED 1.12M ≈ USD 305K under the AED 2M ≈ USD 545K line, and even the 2 bedroom, from AED 1.315M ≈ USD 358K, falls AED 685,000 ≈ USD 187K short. My view is that this makes Marine 3 a decision about the apartment itself, its entry price and its payment plan, with property-based residency left out of the case for a single unit at these prices.
| Unit Type | Size Range | Starting Price | Reaches AED 2M Alone |
|---|---|---|---|
| 1 Bedroom Apartments | 678 to 988 sq ft (63 to 92 sq m) | AED 880K ≈ USD 240K | No |
| 2 Bedroom Apartments | 987 to 1,568 sq ft (92 to 146 sq m) | AED 1.315M ≈ USD 358K | No |
| Neither apartment type at Marine 3 reaches AED 2M ≈ USD 545K on its own at the listed starting prices. | |||
What counts: eligibility is assessed on the purchase value registered with the Dubai Land Department, shown on the Oqood while Marine 3 is under construction and on the title deed after handover. The closest unit type, the 2 Bedroom Apartment from AED 1.315M ≈ USD 358K, is AED 685,000 ≈ USD 187K short of AED 2M ≈ USD 545K, so read the registered value of the exact unit on its SPA and Oqood before planning anything around it.
Payment Plan and Timing
How the Marine 3 Payment Plan Relates to the Threshold
Marine 3 follows the DAMAC Riverside Views regular payment plan, a 20/60/20 structure: 20% on booking plus the 4% DLD registration fee, 60% across 40 instalments scheduled by months from booking (most of them 1% each, with four of 6%), and 20% on completion. DAMAC publishes this as the regular payment plan for DAMAC Riverside Views; confirm the schedule that applies to your Marine 3 unit with DAMAC and in the SPA. Illustration only, on a 2 bedroom apartment at the listed AED 1.315M ≈ USD 358K: AED 263,000 ≈ USD 72K on booking plus a DLD registration fee of AED 52,600 ≈ USD 14K, AED 789,000 ≈ USD 215K across the 40 instalments (AED 13,150 ≈ USD 4K for a 1% instalment, AED 78,900 ≈ USD 21K for a 6% instalment), and AED 263,000 ≈ USD 72K on completion.
My read on the timing: on projects priced above the line, the payment plan decides when an off-plan buyer can apply. At Marine 3 it decides cash flow, not eligibility. Off-plan applications are commonly supported by Oqood registration together with proof that the purchase meets the qualifying value and any paid-value conditions applied by the Dubai Land Department and residency authorities at the time, and those paid-value conditions only come into play once the registered value clears the threshold. Paying the 40 instalments early, or reaching completion, adds to what you have paid, not to the value registered against the apartment. The timing questions that do matter here are the outgoings through to the Q1 2029 handover and the switch from Oqood to title deed after it. Because requirements for off-plan applications are updated from time to time, confirm the conditions in force before relying on any of them.
VIP processing, zero service fee: for buyers who purchase through me and meet the criteria in force, the full application service, document preparation, submission, and status follow-up, is included free. You pay only the official government fees published by the issuing authorities.
The Project
What a Marine 3 Purchase Buys Beyond the Visa Question
At these prices the visa question is settled quickly, so the apartment has to earn the purchase on its own terms. The full Marine 3 guide covers what that purchase buys: layouts, current pricing, planned amenities, and the DAMAC Riverside community around the building.

Marine 3 at DAMAC Riverside Views: 276 Residences, 40 Instalments After Booking
DAMAC Properties' Marine 3 at DAMAC Riverside Views holds 276 one and two bedroom apartments in Dubai Investment Park 2.
View the Marine 3 Project GuideGolden Visa Guides
Requirements, Process, and Benefits in Full
The program rules apply to every Dubai property in the same way, so they sit in the dedicated guides below instead of being repeated on this Marine 3 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 requirements guideApplying 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 application guideGolden 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 benefits guideInsights
Project Insights for Marine 3 at DAMAC Riverside Views Buyers
A purchase at Marine 3 rests on more than where it sits against the AED 2M ≈ USD 545K threshold. Buyers should follow the build as recorded on the Dubai Land Department register on the way to the title deed, and confirm that every instalment is paid into a protected escrow account. The guides below cover both, alongside this page.

Marine 3 Golden Visa Guide
This page: where Marine 3 apartments sit against the AED 2M ≈ USD 545K threshold and which registered value is assessed.

Marine 3 Construction Updates
Follow the Dubai Land Department register readings, inspection notes, and progress toward the Q1 2029 handover that converts Oqood to a title deed.
View Marine 3 Construction Updates
Marine 3 at DAMAC Riverside Views Escrow With First Abu Dhabi Bank
Marine 3 at DAMAC Riverside Views read 18.22% certified in August 2026, with 276 residential units escrowed under DLD project 3374.
Verify the Marine 3 Escrow AccountStructure
Explore DAMAC Riverside Structure
An apartment holds its appeal through the community around it. Compare Marine 3 with other homes in DAMAC Riverside, understand the community plan that shapes long-term demand, and review DAMAC Properties as a developer before you finalise a purchase made with residency in mind.

DAMAC Riverside Properties for Sale
Browse the homes offered across DAMAC Riverside, compare types and prices, and check each one against the Golden Visa threshold.
See DAMAC Riverside Properties for Sale
DAMAC Riverside Community
Discover the community plan, its landscaped and waterfront zones, and the planned amenities that shape everyday life around Marine 3.
Explore the DAMAC Riverside Community
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 ProfileFAQs
Marine 3 at DAMAC Riverside Views Golden Visa Frequently Asked Questions
Both apartment types sit below it. 1 bedroom apartments at Marine 3 at DAMAC Riverside Views start at AED 880K ≈ USD 240K, which is AED 1.12M ≈ USD 305K under the AED 2M ≈ USD 545K property threshold, and 2 bedroom apartments start at AED 1.315M ≈ USD 358K, which is AED 685,000 ≈ USD 187K short. Neither type reaches the threshold on its own at the listed starting prices. The full criteria are covered in the Dubai Golden Visa requirements guide.
The value that counts is the purchase price registered with the Dubai Land Department for the specific unit: on the Oqood while Marine 3 is under construction, and on the title deed after handover. Registration fees and the amount paid so far do not change that registered value. Because the listed starting prices at Marine 3 are below the AED 2M ≈ USD 545K threshold, buyers should read the registered value on the SPA and Oqood for the exact unit before assuming any outcome under the rules in force at the time of application.
No. The 4% DLD registration fee is a government charge paid to the Dubai Land Department at booking, alongside the 20% deposit, and it is not part of the purchase price. Only the registered purchase value of the apartment is assessed against the property threshold, so the fee does not narrow the gap for either apartment type at Marine 3.
No. Marine 3 follows the DAMAC Riverside Views regular payment plan of 20% on booking, 60% across 40 instalments scheduled by months from booking, and 20% on completion, and every instalment is part of the same purchase price. Paying ahead or completing the plan raises the amount paid, not the value registered against the apartment. The paid-value conditions commonly applied to off-plan applications only matter where the registered value already meets the threshold, and they are updated from time to time. The schedule for a specific Marine 3 unit is confirmed with DAMAC and in the SPA.
During construction, a Marine 3 purchase is registered with the Dubai Land Department through Oqood, the off-plan registration that records the buyer and the purchase value. After handover, expected in Q1 2029, the Oqood gives way to a title deed for the completed apartment. The registered purchase value is normally carried across from one document to the other, so the change of document does not move either apartment type above the AED 2M ≈ USD 545K threshold. The off-plan side of the process is explained in the off-plan property Golden Visa guide.
Financing does not change the registered purchase value, so a mortgage neither lifts a Marine 3 apartment toward the AED 2M ≈ USD 545K threshold nor lowers its value. Where a property does meet the threshold, the treatment of a mortgaged property, such as lender confirmation or the share already paid, is set by the regulations in force at the time of application. At the listed Marine 3 starting prices of AED 880K ≈ USD 240K for a 1 bedroom and AED 1.315M ≈ USD 358K for a 2 bedroom, the question does not arise for a single apartment of either type.
Joint ownership splits the registered value of one apartment between its owners rather than adding to it, and how each owner's share is treated, including between spouses, is set by the regulations in force at the time of application. Because a whole Marine 3 apartment starts below AED 2M ≈ USD 545K, at AED 880K ≈ USD 240K for a 1 bedroom and AED 1.315M ≈ USD 358K for a 2 bedroom, co-ownership does not bring any owner to the threshold through that apartment.
Three things. First, the registered purchase value of the exact unit on its SPA and Oqood, since both apartment types at Marine 3 start below the AED 2M ≈ USD 545K threshold at the listed prices. Second, the criteria in force with the issuing authorities at the time of application, which are updated from time to time. Third, whether a property purchase is the right route at all: property is one of several Golden Visa categories, and the others fall outside the scope of a Marine 3 purchase.
The UAE Golden Visa is currently issued as a 10-year renewable residency, and renewal through the property route depends on continuing to hold a qualifying property under the rules in force at renewal. At Marine 3, neither apartment type reaches the AED 2M ≈ USD 545K property threshold on its own at the listed starting prices, so a Marine 3 apartment by itself does not support the visa or its renewal at those prices. What the visa covers is set out in the Dubai Golden Visa benefits guide.
No. For buyers who purchase through this advisory and meet the criteria in force, the VIP application service, covering document preparation, submission, and status follow-up, is included at no charge. Only the official government fees apply, as published by the issuing authorities at the time of application.
No. Neither apartment type at Marine 3 reaches the AED 2M ≈ USD 545K property threshold on its own at the listed starting prices, and even a purchase that does qualify only makes a buyer eligible to apply: approval depends on satisfying all requirements in force at the time of application, including ownership verification and standard background checks. Construction status for the building is tracked on the Marine 3 construction updates page.

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Tohid Fetrat
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