Photos and renders of the building and grounds — not of this particular unit.
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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.
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.
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
Construction Week ranks the 100 largest developers in the Gulf by the value of completed and under-construction projects. UAE developers hold more than half the spots — from Emaar and Aldar to DAMAC and Danube. How to read the ranking, and what it tells a buyer.
Dubai is the world's leading city for branded residences, with 64 completed schemes and 87 in the pipeline (Savills). CBRE puts the average price premium at 64% in Dubai and 87% in Abu Dhabi. What the premium pays for, and how it behaves when the market cools.
Damac and ADIB opened finance on projects 35% built once the buyer has paid 50% (March 2025). In 2026 Emirates NBD launched a scheme for Meraas, Nakheel and Dubai Properties from 30% completion, and ADCB a 12-month pre-approval from 3.49%.
In March 2026 S&P saw no liquidity pressure at Emaar, DAMAC, Omniyat and PNC Investments. In July Moody's reported most UAE projects due in 2026–27 on schedule despite imported materials costing 20–25% more. What off-plan buyers should take from both.
Emaar sold about AED 65.8bn in Dubai in 2025, DAMAC AED 35.9bn, Sobha about AED 30bn and Binghatti AED 26bn. Meanwhile 258 developers launched 648 projects with 167 000 units. What that mix of concentration and crowding means for buyers.
DAMAC is building a 37-home Zaha Hadid Architects tower in Miami from $15m, Sobha has bought land in Texas and Australia, and Eagle Hills lost its $12.3bn Budapest scheme to the city. What overseas expansion means for someone buying from these developers in Dubai.