DAMAC Properties · Dubai Water Canal
Capri 2
- Apartments
- Bedrooms
- On request
- Size
- On request
- Payment plan
- On request
- Completion
- Pre-launch
- Available
- On request
- Handover
- Q1 2029
About Capri 2
DAMAC Riverside Views Capri 2 Waterside Master-Planned Living
DAMAC Riverside Views - Capri 2 is a G+2P+8 residential development comprising 576 units spread across five buildings (A to E), part of the wider DAMAC Riverside waterfront community in Dubai Investment Park. The project has not yet broken ground, with construction scheduled to run from August 2025 through to completion by end of Q1 2029.
DAMAC Riverside Capri 2 apartments cluster sits along the development's Water Vein, a series of landscaped canals and lakes that thread through the community and anchor most of its social and dining amenities. Buildings are designed with a concrete structure and block construction, finished internally and externally to a residential standard consistent with the wider DAMAC Riverside masterplan.
DAMAC Riverside Views Capri 2 Dubai Green Vein and Water Vein Amenities
The amenity offering is organized around two linear zones: the Green Vein and Water Vein. The Water Vein includes the Portofino Restaurant, Island Restaurant, floating fitness spaces, an Opal Chess Haven set on the water, a Floating Opera stage, and a Clubhouse with retail, co-working space, gym, outdoor cinema, arcade, and bowling.
The Green Vein runs through hydroponic farms supplying fresh produce for outdoor culinary classes and BBQ live cooking stations, calisthenics stations with an organic bar, a wall-climbing feature ending in water, a Zen Spa, essential oil lakes, a floating cinema, peace rooms, an amphitheatre, an adults' games zone, and a kids' adventure land.
Developer Track Record
The project is developed by DAMAC Properties, one of Dubai's most prolific master-developers with a portfolio spanning DAMAC Hills, DAMAC Lagoons, and multiple branded residence towers across the emirate. DAMAC Riverside Views extends the group's waterfront-community formula, applying the same thematic amenity structuring used across its other large-scale masterplans.
Escrow for buyer payments is held with Mashreq Bank, in line with Dubai's standard off-plan investor protection framework administered by the Dubai Land Department.
Riverside Apartments Dubai Community Lifestyle Concept
The design brief centers on connecting residents through shared outdoor space rather than isolated tower amenities. Food, fitness, and social programming are distributed across communal water and green corridors that serve the five Capri 2 buildings and the broader Riverside masterplan, encouraging daily use of shared facilities over private, unit-level amenities.
Key highlights
- 576 units across 5 buildings (G+2P+8 configuration)
- Part of the DAMAC Riverside waterfront masterplan in Dubai Investment Park
- 12 minutes from Al Maktoum International Airport
- Amenities organized into a Green Vein and Water Vein of shared facilities
- Escrow held with Mashreq Bank
- Handover scheduled for Q1 2029
Why this project
- A 576-unit waterfront community built around a Green Vein and Water Vein of shared dining, fitness, and social amenities near Expo City Dubai.
Amenities
- •Portofino Restaurant
- •Island Restaurant
- •hydroponic farm
- •outdoor culinary classes
- •BBQ and live cooking stations
- •fitness by the water
- •Opal Chess Haven
- •calisthenics stations
- •wall climbing
Location
Connectivity from Dubai Investment Park
DAMAC Riverside Views - Capri 2 Dubai is positioned in Dubai Investment Park, with the brochure citing drive times of 9 minutes to DP World's Jebel Ali terminal, 12 minutes to Al Maktoum International Airport, 15 minutes to Expo City Dubai, and 16 minutes to both Dubai Marina and Mall of the Emirates.
This places the project within a short commute of Dubai's southern logistics and aviation corridor, an area with a growing residential base tied to Expo City Dubai, Dubai South, and the Al Maktoum International Airport expansion.
Project information
- Developer
- DAMAC Properties
- Location
- Dubai Water Canal
- Handover
- Q1 2029
- Total units
- 576
- RERA Escrow
- Mashreq Bank
- DLD Project #
- 3664
DLD-verified today
Project intelligence
Live DLD dataReal Dubai Land Department transactions and rent contracts — not developer marketing.
Capri 2 — handover progress
0%Dubai Water Canal market
2 br · 203 sales analyzed
Indicative gross yield
At the starting price of AED 1,191,000, typical rent for a 2 br in Dubai Water Canal (AED 220,000/year, ~AED 18,300/month) implies a 18.5% gross yield.
Based on 209 DLD rent contracts in the last 12 months. Gross yield excludes service charges, vacancy and management fees.
Source: Dubai Land Department open data. Analytics are computed from registered transactions and rent contracts; figures are indicative and not a guarantee of future performance.
Frequently asked questions about Capri 2
When is the handover date for DAMAC Riverside Views - Capri 2?
The project is scheduled to complete by 31 March 2029, with construction starting in August 2025.
Where is DAMAC Riverside Views - Capri 2 located?
It is located in Dubai Investment Park, with drive times cited as 9 minutes to DP World's Jebel Ali terminal and 12 minutes to Al Maktoum International Airport.
What escrow account is used for DAMAC Riverside Views - Capri 2?
Buyer payments are held in escrow with Mashreq Bank, as required under Dubai Land Department off-plan regulations.
What amenities does DAMAC Riverside Views - Capri 2 offer?
Amenities are split between a Water Vein, including restaurants, floating fitness spaces, and a clubhouse, and a Green Vein, including a hydroponic farm, calisthenics stations, a Zen Spa, and a kids' adventure land.
What is the construction status of the project?
According to DLD records, the project is at 0% completion and has not yet started construction as of the brochure's issue.
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