Disruptive Real Estate

DAMAC Properties · Dubai Water Canal

DAMAC Riverside Views - Capri 2

  • Apartments
Starting from
AED 1,191,000
Bedrooms
On request
Size
On request
Payment plan
On request
Completion
Pre-launch
Available
On request
Handover
2029-03-31

About 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.

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.

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
2029-03-31
Total units
576
RERA Escrow
Mashreq Bank
DLD Project #
3664

DLD-verified today

Project intelligence

Live DLD data

Real Dubai Land Department transactions and rent contracts — not developer marketing.

DAMAC Riverside Views - Capri 2 — handover progress

0%
LaunchAug 2025
Today40mo to handover
Handover2029-03-31

Dubai Water Canal market

2 br · 216 sales analyzed

High activity
Avg / sqft
AED 3,294
Sales last 6 mo
91
Year-on-year
-11.4%
Off-plan vs ready
4.5% cheaper
AED 3,244 vs 3,397
18.5%

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 211 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 DAMAC Riverside Views - Capri 2

Where is DAMAC Riverside Views - Capri 2 located?
DAMAC Riverside Views - Capri 2 is located in Dubai Water Canal, Dubai. Dubai Water Canal is a freehold community in Dubai — international buyers can take 100% ownership with full title at the Dubai Land Department.
Who is the developer of DAMAC Riverside Views - Capri 2?
DAMAC Riverside Views - Capri 2 is developed by DAMAC Properties. The project is registered with the Dubai Land Department and governed by RERA-mandated escrow accounts, meaning buyer payments are released to DAMAC Properties only as construction milestones are independently verified.
How much does DAMAC Riverside Views - Capri 2 cost?
Off-plan units at DAMAC Riverside Views - Capri 2 start from From AED 1.91M. Pricing varies by unit type, bedroom count, floor and view — see live availability and floor plans above for full details.
When is the handover for DAMAC Riverside Views - Capri 2?
DAMAC Riverside Views - Capri 2 is currently scheduled for handover in 2029-03-31. Handover dates are tracked against DLD escrow milestones and updated as construction progresses.
What payment plan does DAMAC Riverside Views - Capri 2 offer?
DAMAC Riverside Views - Capri 2 ships with a staged payment plan tied to construction milestones. Most DAMAC Properties projects use 60/40 or 70/30 splits between construction and handover, with some extending post-handover plans of 1–3 years. Reach out via the form below for the full plan and current incentives.
Can foreigners buy at DAMAC Riverside Views - Capri 2?
Yes. DAMAC Riverside Views - Capri 2 is in a Dubai freehold zone, so international buyers can take 100% ownership with full title registered at the Dubai Land Department. Purchases above AED 2 million qualify for the 10-year UAE Golden Visa, and properties above AED 750,000 qualify for a 2-year residence visa.
How do I buy a unit at DAMAC Riverside Views - Capri 2?
Reserve a unit directly through Disruptive Real Estate (RERA ORN 1167819). Submit the form below with your contact details and we'll send the latest availability, floor plans, payment plans and pricing — direct from DAMAC Properties, with no inflated agent commissions.

Get the DAMAC Riverside Views - Capri 2 brochure

Floor plans, payment plans and current availability — direct from DAMAC Properties via Disruptive Real Estate. No inflated commissions, no spam. One business-day reply.

By submitting, you agree to be contacted by Disruptive Real Estate (RERA ORN 1167819) about DAMAC Riverside Views - Capri 2. We never share your details.

More off-plan projects in Dubai Water Canal

View all Dubai Water Canal off-plan projects →

Last updated · Browse all Dubai off-plan projects

CallWhatsApp