DAMAC Riverside / Villas & Townhouses / Olive
208 townhouses · Off-plan
Olive at DAMAC Riverside
Olive is the newest Villas & Townhouses cluster inside DAMAC Riverside — 208 4 & 5 bedroom townhouses in Dubai Investment Park 2. It is the latest villas and townhouses launch on the masterplan (launched 12 May 2025).
The cluster
208 townhouses on the riverside masterplan
Olive sits within DAMAC Riverside by DAMAC Properties near Yalayis Street and Emirates Road. The release is 4 Bed — 150 units (72.1%); 5 Bed — 58 units (27.9%), each with 2 parking spaces.
Completion is targeted for June 2028. The cluster launched on 12 May 2025 and was about 5% complete at the last capture. Service charge was listed as 0 AED/sq ft at capture — confirm the current rate before you buy.
Unit types
Four and five bedroom layouts
| Type | Mix | Codes | Sellable area | Levels |
|---|---|---|---|---|
| 4 bedroom townhouse | 4 Bed — 150 units (72.1%) | THRS-M1, THRS-M2 | ≈ 2,271–2,420 sq ft | Ground + first floor |
| 5 bedroom townhouse | 5 Bed — 58 units (27.9%) | THRS-E (end unit) | ≈ 3,412–3,422 sq ft | Ground + first + second, terrace & maid's room |
Interiors
Warm wood, contemporary tiling, ready kitchens
Homes are delivered unfurnished with warm wood tones, contemporary tiling and fully-equipped kitchens.
Community
Shared DAMAC Riverside amenities
- Malibu Cove
- BBQ & live cooking stations
- Floating sports
- Floating opera
- Zen spa
- Clubhouse
- Portofino ristorante
- Island restaurant
- Fitness on water
- Essential oil lakes
- Proposal deck
- Floating cinema
- Culinary classes
- Hydroponic farms
- Calisthenics stations
- Peace rooms
- Amphitheatre
- Games zone
- Kidz Adventure Land
Location
Dubai Investment Park 2
- Al Maktoum International Airport — 13.17 km
- Expo 2020 site — 9.27 km
- Global Village — 12.1 km
- Motor City — 7.51 km
- Sports City & Dubai Swimming Academy — 6.79 km
- Jebel Ali — 25.69 km
- Dubai Mall — 24.87 km
Payment
20 / 55 / 25 off-plan schedule
20% on booking · 55% during construction · 25% on handover. Instalment dates are in the Olive payment plan PDF.
Prices
From-price snapshot
- 4 bedroom (THRS-M1 / THRS-M2) — see the Olive price list PDF
- 5 bedroom (THRS-E) — see the Olive price list PDF
More clusters
More Villas & Townhouses at DAMAC Riverside
Sibling clusters:
Compare all releases on the Villas & Townhouses line hub or return to DAMAC Riverside.
FAQ
Olive questions
What is Olive at DAMAC Riverside?
Olive is the newest Villas & Townhouses cluster in DAMAC Riverside — 208 4 & 5 bedroom townhouses in Dubai Investment Park 2.
What townhouse sizes does Olive offer?
4 bedroom townhouses are about 2,271 to 2,420 sq ft over ground and first floor; 5 bedroom townhouses are about 3,412 to 3,422 sq ft over three floors with a terrace and maid's room. Every home includes 2 parking spaces.
What is the Olive payment plan?
20% on booking · 55% during construction · 25% on handover See the Olive payment plan PDF.
When does Olive hand over?
Launched 12 May 2025, listed for completion in June 2028 (about 5% complete at capture).
How do I get Olive floor plans?
Download the PDF (THRS-M1, THRS-M2, THRS-E) from the Olive floor plans page.
What is the price of Olive townhouses?
Starting prices are in the Olive price list PDF.
Enquire
Ask about Olive availability
Tell us if you want a four-bedroom middle unit or a five-bedroom end unit (THRS-E).