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Azure 2

Part of Damac Riverside

DAMAC Riverside · Damac

Project factsheet

Developer Damac
Status Under construction
District DAMAC Riverside
Handover Q1 2029

Layouts and the handover date come from the developer's brochure in our archive. Prices and payment plans from the same source are deliberately not published: they are dated to when the brochure was issued and do not match today's prices. I will send the current ones over WhatsApp.

About the building

A residential building in DAMAC Riverside, currently under construction. Developer — Damac.

Specifications for Azure 2 per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.

About the project

Azure 2 is a residential building in DAMAC Riverside, handover is due Q1 2029.

The developer is Damac.

The database currently holds 2 lots in this project, from 1 300 000 AED; 1 of them priced below the market, the deepest discount 7%.

A DAMAC waterfront complex in the Riverside Views community, fifteen minutes from Al Maktoum airport. Studios from 36 square metres cost from $177,000 — one of the lowest entry points among new waterfront projects.

Prices

Studios from 36 m² — from $177,000, one-bedrooms from 63 m² — from $260,000. Units come with balconies and walk-in closets.

That works out to about $4,900 per square metre for a studio and $4,100 for a one-bedroom. For a project with a lagoon and a beach, that's a low price — it's explained by the distance from the centre and by the fact that the community is still taking shape.

Infrastructure worth trusting only halfway

The materials list a great deal: an artificial river, a floating opera house and cinema, a spa, essential-oil lakes, hydroponic farms, even a proposal spot.

Features like these tend to appear in the final stages of a master community's build-out, and sometimes change along the way. When buying, it's better to focus on what's being built in your own phase and written into the contract — the podium with a pool and garden, not the floating opera house.

Location

About fifteen minutes to Al Maktoum airport — a key reference point for the whole south of Dubai: jobs and logistics are forming around it.

On the podium: an infinity pool, lounge areas and greenery; for residents, a clubhouse and a gym.

Materials from the selling side at launch: sizes, prices, fit-out and community description. Price per square metre is our own calculation.

Handover payment

A mortgage covers the final instalment

The final payment on this building falls in 2029 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.

  • Up to 80% of the appraised value, no extra down payment
  • 3.99% fixed for three years, up to 25 years in term
  • 6–12 months before the keys — the bank wants six months of income history

Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.

Ask on WhatsApp

Frequently asked about Azure 2

Who is the developer of Azure 2?

Damac.

When is Azure 2 handed over?

The developer's brochure says Q1 2029. The date in the contract for a particular unit can differ — I check it before the deal.

How much does an apartment in Azure 2 cost?

The database currently holds 2 lots in this project, from 1 300 000 AED; 1 of them priced below the market, the deepest discount 7%. The list changes daily — I will send a fresh selection for the building on request.

In the news

What has been written about the building, its developer and DAMAC Riverside

Where this project stands today

I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.

Ask a question

Telegram is the fastest way — I answer personally.

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