Marine 3 at DAMAC Riverside Views

Marine 3 is a residential apartment building by DAMAC Properties in DAMAC Riverside Views, the apartment district of the DAMAC Riverside community in Dubai Investment Park 2. It holds 276 residences, offered as 1 bedroom and 2 bedroom apartments, with handover expected in Q1 2029.

Marine 3 is in DAMAC Riverside, Dubai Investment Park 2, an area 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 timings measured from Marine 3.

1 bedroom apartments start from AED 880K ≈ USD 240K, with sizes of 678 to 988 sq ft (63 to 92 sq m). 2 bedroom apartments start from AED 1.315M ≈ USD 358K, with sizes of 987 to 1,568 sq ft (92 to 146 sq m). The price of a specific unit depends on its type and its size within these ranges.

According to DAMAC's DAMAC Riverside Views materials, the one-bedroom residences have efficient layouts with light-filled living areas, a planned kitchen, a walk-in closet and an oversized terrace. The two-bedroom residences add an en-suite second bedroom with a walk-in closet, a foyer entrance, separated kitchen and living spaces and an extended terrace. These describe the collection as a whole; the plan of an individual Marine 3 unit is confirmed in its SPA.

DAMAC groups the planned amenities into three themes. Food and Well-being covers the Portofino restaurant, an island restaurant, a hydroponic farm with outdoor culinary classes, and BBQ and live cooking stations. Health and Activity includes fitness spaces by the water, a floating chess stage, calisthenics stations with an organic bar, a climbing wall that drops into water, a Zen spa and essential-oil lakes. Social and Culture brings a floating opera stage, a floating cinema, peace rooms, a clubhouse and retail area with co-working space, gym, outdoor cinema, arcade and bowling, an amphitheatre, an adults' games zone and a kids' adventure land. These are community amenities planned by DAMAC and remain subject to final design and approvals.

Handover is expected in Q1 2029. The building is currently at an early stage of construction, and the progress recorded on the Dubai Land Department register is tracked in the Marine 3 construction updates guide. The binding completion terms for each unit are those set out in its SPA.

Marine 3 follows the DAMAC Riverside Views regular payment plan, a 20/60/20 structure: 20% on booking, 60% across 40 instalments scheduled by months from booking (most of 1% each, with four instalments of 6%), and 20% on completion. The 4% DLD registration fee is paid in addition to the booking deposit. 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.

The main addition is the 4% DLD registration fee, paid to the Dubai Land Department at booking alongside the 20% deposit. It is a government registration fee, so it is not paid into the project's escrow account. As an illustration, on a 1 bedroom apartment at AED 880,000 the fee is AED 35,200 ≈ USD 10K, and on a 2 bedroom apartment at AED 1,315,000 it is AED 52,600 ≈ USD 14K.

Not on the apartment price alone at the listed prices. The property route to the 10 year UAE Golden Visa uses a threshold of AED 2M ≈ USD 545K, and neither apartment type at Marine 3 reaches it on its own: 1 bedroom apartments start from AED 880K and 2 bedroom apartments from AED 1.315M. The Marine 3 Golden Visa guide explains how the threshold is assessed and which value counts.

Off-plan payments for Marine 3 are made into the project's DLD-registered escrow account, held with First Abu Dhabi Bank, and released to the developer against verified construction progress under a framework regulated by the Dubai Land Department. The Marine 3 escrow account guide explains how the account works and how buyers can verify it.

Yes. Reservation, SPA signing and registration of the purchase with the Dubai Land Department can be completed remotely, and I manage the process end to end with DAMAC on your behalf. The ownership terms of the unit are those set out in the SPA and recorded at registration. Each stage of a remote purchase is documented in my Dubai real estate guide library.

Units are currently available at Marine 3. DAMAC controls which apartments are released and at what price, so the unit list and the starting prices of AED 880K for a 1 bedroom and AED 1.315M for a 2 bedroom reflect the current release and can be revised by the developer as sales progress.