Marine 2
Marine 2 Offered by Buy Dubai Off-Plan
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Marine 2

Marine 2

by DAMAC in DAMAC Riverside View on map Under construction

Starting price
AED 888,000
Payment plan
70/30
Handover
Q1 2029

≈ € 213,000

Check available units

Project details

Starting price AED 888,000 ≈ € 213,000 What will my monthly payments be?
Payment plan 70/30 70% during construction, 30% at handover
Handover Q1 2029 Under construction
Bedrooms 12
Property type
Apartment
Floor area
74 to 124 m²
Developer
DAMAC
Location
DAMAC Riverside

About Marine 2

  • Luxury 1 and 2-bedroom apartments in an exclusive waterfront community

  • Strategic location in Dubai Investment Park with quick connections to key destinations

  • Modern architecture inspired by flowing river lines and resort-style living

  • Extensive amenities including themed gardens, fitness areas, and a waterfront promenade

  • Favourable payment plan with only 30% due on completion in Q1 2029

Marine 2 at Damac Riverside: Luxury homes by Damac Properties

Marine 2 is the latest luxury residential project from renowned developer Damac Properties, located in the prestigious Damac Riverside area within Dubai Investment Park. This project represents the second phase of a successful development, offering residents a unique combination of urban comfort and resort-style luxury. The architecture is inspired by flowing river lines, combining modern technology with natural elements to create a harmonious whole. The apartments range in size from 74.14 to 123.65 m2 and are available with 1 or 2 bedrooms, making them perfect for young professionals or small families. The location offers not only privacy and exclusivity but also a vibrant community with numerous amenities. The planned completion is scheduled for the first quarter of 2029, giving investors ample time to align their financial planning. With starting prices from AED 888,000, this project represents an excellent investment opportunity in a rapidly developing region of Dubai.

Home types and layouts at Marine 2 Damac Riverside

Marine 2 offers exclusively apartments, specifically designed for modern lifestyles. The units are available in two different layouts: compact 1-bedroom apartments and more spacious 2-bedroom variants. The areas range from 74.14 m2 for the smaller units to 123.65 m2 for the more extensive options. Each apartment is carefully designed with attention to functionality and aesthetics, featuring high-quality finishes and smart space solutions. The open-plan kitchens are equipped with modern appliances and seamlessly connect to the living areas, creating a sense of spaciousness. Large windows provide abundant natural light and, in many cases, offer views of the surrounding water or green community spaces. The bathrooms feature quality materials and luxury sanitaryware, while the bedrooms are designed for maximum comfort and privacy. Specifically for residents who work from home, many units offer the possibility to set up a small work area without compromising on living comfort.

About the developer Damac Properties and the Marine 2 design

The Marine 2 project is being delivered by Damac Properties, one of the most renowned real estate developers in Dubai with an impressive track record in luxury projects. The building itself is an architectural masterpiece, distinguished by its flowing lines and maritime inspiration, a theme consistently carried through in both the exterior and interior designs. The developer is known for its attention to detail and commitment to quality, which is reflected in the carefully selected materials and finishes. The building features an extensive package of communal amenities, including a swimming pool, fitness room, and 24/7 security. Damac Properties has a proven track record of delivering projects on time and offers buyers the assurance of a reliable partner. The combination of innovative design, high-quality materials, and the developer’s reputation makes Marine 2 an attractive investment for both private residents and investors.

Prime location in Damac Riverside near key Dubai destinations

Marine 2 is strategically located within the Damac Riverside complex in Dubai Investment Park, an area known for its balance of urban amenities and natural tranquillity. The location offers excellent connections to key points in the city, including Al Maktoum International Airport, just a 12-minute drive away. Shopping enthusiasts can reach City Centre Meaisem within 18 minutes, while Dubai Outlet Mall is 19 minutes away. The immediate surroundings are characterised by a peaceful waterfront boardwalk where residents can enjoy relaxed walks or jogging routes along the water. The masterplan for Damac Riverside includes extensive landscaping, themed gardens, and recreation areas that contribute to a balanced lifestyle. Despite the tranquil setting, the dynamism of Dubai remains easily accessible, with quick access to major traffic arteries. The location thus combines the best of both worlds: the privacy and space of a resort-like environment with the convenience of urban amenities within easy reach.

Flexible payment plan for Marine 2 homes

The payment plan for Marine 2 is specifically designed to offer investors and future residents financial flexibility. Only 70% of the purchase price is due during the construction phase, with the remaining 30% due only upon completion in Q1 2029. This spread payment structure reduces financial pressure during the construction period and gives buyers more time to plan their resources. The plan is particularly attractive for investors looking to spread their investment over a longer period. The starting price of AED 888,000 for a 1-bedroom apartment makes the project accessible to a wide range of buyers, from first-time home buyers to experienced investors. Our property advisors in Dubai are ready to guide you through all financial aspects of the purchase, including advice on payment schedules.

Payment plan for Marine 2

70%30%
70%
During construction, in instalments
AED 621,600
≈ € 149,000
30%
After handover
AED 266,400
≈ € 64,000

Percentages are based on the starting price and are indicative. The developer determines the exact instalments. Please contact us for more information about the payment plans.

Monthly payments and your own funds

How much do you need for Marine 2, 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 1,348

≈ € 320 per month

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

Your funds during constructionin instalments according to the payment plan
AED 621,600≈ € 149,200
Your funds at handover
AED 0≈ € 0
Mortgage at handover
AED 266,400≈ € 63,900
Purchase costs4% DLD fee and mortgage costs
AED 39,720≈ € 9,500
Total funds required
AED 661,320≈ € 158,700
Request finance guidance for Marine 2
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.

Location

Damac Riverside, Dubai
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Location of Marine 2 Location of Marine 2

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.