IVY
IVY Offered by Buy Dubai Off-Plan
IVY

IVY

by DAMAC in DAMAC Riverside View on map Under construction

Starting price
AED 2,742,000
Payment plan
75/25
Handover
Q4 2027

≈ € 658,000

Project details

Starting price AED 2,742,000 ≈ € 658,000 What will my monthly payments be?
Payment plan 75/25 75% during construction, 25% at handover
Handover Q4 2027 Under construction
Bedrooms 45
Property type
Townhouse
Floor area
225 to 317 m²
Developer
DAMAC
Location
DAMAC Riverside
Project brochure
Free, with no obligation

The IVY brochure

Download the brochure for IVY van Damac Properties in Damac Riverside for free with all the information about this project.

  • Floor plans by property type
  • Full price list
  • Payment plan
Download the brochure

About IVY

  • Luxury townhouses with 4 or 5 bedrooms in an exclusive community

  • Modern architecture combined with natural beauty

  • Extensive wellness facilities, including a spa and aquatic activities

  • Prime location close to major landmarks and transport hubs

  • Flexible payment plan with 75% during construction and 25% on completion

IVY at Damac Riverside (Dubai) by Damac Properties: Luxury homes in Dubai

IVY at Damac Riverside is the latest residential project from Damac Properties, setting a new standard for luxury living in Dubai. This exclusive development comprises 594 meticulously designed townhouses, ranging from 4 to 5 bedrooms, and offers a harmonious blend of modern architecture and natural beauty. The project focuses on health, wellness, and community building, making it an ideal place for families and investors seeking a balanced lifestyle. The environment is designed to combine urban living with serene natural elements, allowing residents to enjoy both comfort and sophistication. The project offers unique amenities such as an aquatic fitness centre, an essential oils spa, and a floating terrace for romantic dinners. With completion planned for the fourth quarter of 2027, IVY is an excellent opportunity for those looking to invest in high-quality real estate in Dubai.

Home types and layouts at IVY at Damac Riverside (Dubai)

IVY offers exclusively townhouses, available in two layouts: 4 and 5 bedrooms. The areas range from 224.83 m2 to 316.52 m2, ensuring a suitable option for every family or investor. The homes are designed with meticulous attention to detail and offer spacious layouts that combine functionality with aesthetics. The modern architecture is characterised by large windows, spacious living areas, and high-quality finishes. Each townhouse features a private garden or terrace, allowing residents to enjoy their own outdoor space. The kitchens are equipped with high-end appliances and the bathrooms are finished with luxury materials. This project is ideal for families seeking a home with ample space and privacy, as well as for investors looking to capitalise on the growing demand for high-quality real estate in Dubai.

About the developer Damac Properties and the IVY at Damac Riverside (Dubai) design

Damac Properties, the developer behind IVY, is renowned for its high-quality projects in Dubai and has built a strong reputation in the real estate world. The company combines innovative design with sustainable construction practices, ensuring IVY is not only aesthetically appealing but also future-proof. The building itself is designed to create a sense of community, with shared spaces that encourage interaction among residents. The architecture is inspired by natural elements, resulting in a harmonious integration of the building and its surroundings. Damac Properties has ensured all facilities are of high quality, from the wellness amenities to the communal gardens. With a track record of successful projects, Damac Properties is a reliable partner for those looking to invest in Dubai’s real estate market. The company also provides comprehensive after-sales service, ensuring residents a seamless experience.

Location and connectivity across Dubai

IVY is located in Damac Riverside, a sought-after location in Dubai Investment Park 2. The area offers a perfect balance of tranquillity and accessibility, with numerous amenities close at hand. EXPO 2020, a major business and cultural centre, is just a 10-minute drive away. Al Maktoum International Airport is also reachable within 12 minutes, which is ideal for frequent travellers. For those who enjoy shopping, Dubai Outlet Mall is 19 minutes away, while Global Village, a popular attraction, is a 16-minute drive. Golf enthusiasts can enjoy the Trump International Golf Course, just 15 minutes away. The location is therefore not only advantageous for residents but also for investors due to the high capital appreciation of property in this area. Furthermore, the surroundings are green and spacious, contributing to a pleasant living environment.

Flexible payment plan for IVY at Damac Riverside (Dubai) homes

The payment plan for IVY is designed to offer flexibility to investors and buyers. Only 75% of the purchase price is required to be paid during the construction phase, with the remaining 25% due only upon completion. This makes the project financially attractive for both private individuals and investors. The starting price for a townhouse is AED 2,742,000, which is a competitive price given the location and quality of the project. The payment plan is transparent and offers buyers the opportunity to phase their investment without having to pay a large sum immediately. The payment plan, combined with the high quality of the project, makes IVY an excellent choice for those looking to invest in Dubai’s thriving real estate market.

Payment plan for IVY

75%25%
75%
During construction, in instalments
AED 2,056,500
≈ € 494,000
25%
After handover
AED 685,500
≈ € 165,000

Monthly payments and your own funds

How much do you need for IVY, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE?

Monthly payments after handover

AED 3,469

≈ € 830 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan
AED 2,056,500≈ € 493,600
Your funds at handover
AED 0≈ € 0
Mortgage at handover
AED 685,500≈ € 164,500
Purchase costs4% DLD fee and mortgage costs
AED 119,119≈ € 28,600
Total funds required
AED 2,175,619≈ € 522,100
Request finance guidance for IVY
How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)Maximum mortgage
First home up to AED 5m80%
First home above AED 5m70%
Second home or investment60%
Off-plan, before handover50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Photos of IVY

Location

Damac Riverside, Dubai Al Maktoum International Airport: 12 minutes (car) · Dubai Outlet Mall: 19 minutes (car)
Open in Google Maps

Travel times from IVY

  • Al Maktoum International Airport: 12 minutes (car)
  • Dubai Outlet Mall: 19 minutes (car)
  • EXPO 2020: 10 minutes (car)
  • Global Village: 16 minutes (car)
  • Trump International Golf Course: 15 minutes (car)

About DAMAC

Damac offers an extensive portfolio of off-plan real estate projects in Dubai, ranging from luxury apartments to exclusive villas. These projects are located in prestigious areas such as Dubai Marina, Downtown Dubai, and Palm Jumeirah. Off-plan investing with Damac means purchasing a property before construction is completed, which often brings financial advantages. The developer is known for its timely handovers and quality finishes.

On this page, you will find a complete overview of all current off-plan projects by Damac, including details on location, floor area, and payment terms. Contact us for more information on specific projects.

All projects by DAMAC

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Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.