DAMAC Properties is the developer of the newest phase of DAMAC Riverside Views (Phase 2), Capri 1, which will open on August 27, 2025. The residential project is a part of the master-planned DAMAC Riverside community, a themed waterfront destination that includes clusters like Azure, Marine, Indigo, Royal, and Capri.
DAMAC Properties is the developer of the newest phase of DAMAC Riverside Views (Phase 2), Capri 1, which will open on August 27, 2025. The residential project is a part of the master-planned DAMAC Riverside community, a themed waterfront destination that includes clusters like Azure, Marine, Indigo, Royal, and Capri. Apartments with one or two bedrooms are available in the complex, with prices starting at about AED 993K. Contemporary finishes, adaptable floor plans, and vistas of the beautifully groomed waterfront promenades all contribute to the tranquil lifestyle environment.
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A floating opera, hovering movie theaters, and private access to Malibu Cove are all enjoyed by residents, along with themed eating options like the Portofino and Island restaurants. A resort-like ambiance is created by the sea thanks to these distinctive living resources.
A neighborhood that strikes a balance between entertainment and health is ensured by Kidz Adventure Land, hydroponic farms, an Essential Oils Lake, calisthenics stations, and wellness facilities, all of which support families.
These are just a few of the amenities available in this residence. To receive the full list of features and detailed information, please contact our agent — we will tailor the best option for your needs.
Members Club
Retail Area
Amphitheatre
Bbq Area
Gaming Area
Rock Climbing Wall
Eco Trails
Outdoor Exercise Area
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Dubai Investment Park (DIP) is a colossal mixed-use master development spanning an incredible 2,300 hectares. Established in 1997 by Dubai Investments PJSC and structurally divided into DIP 1 and DIP 2, it seamlessly integrates robust industrial and commercial zones with diverse residential neighbourhoods. Renowned for its immense affordability and highly practical infrastructure, it is strategically located near the Jebel Ali Port, Expo City, and Al Maktoum International Airport. Residential offerings range from high-yield apartments to premium villas. The district’s crown jewel is the Green Community, a highly sought-after, gated low-rise enclave offering serene, lakeside family living.
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About the Developer
DAMAC is a privately held Dubai developer founded in 2002, best known for pioneering branded residences with partners including Versace, Roberto Cavalli, de GRISOGONO, Trump and Chelsea FC. Its master communities include DAMAC Hills, DAMAC Lagoons and DAMAC Islands, and it has delivered more than 50,000 homes since 2002.
207
Completed projects
1982
Year of foundation
Capri 1 is located at DAMAC Riverside, a new master-planned waterfront community in Dubai Investment Park (DIP). Positioned between Expo City Dubai and Dubai South, the area offers direct access to Emirates Road (E611) and Expo Road (E77), ensuring seamless connectivity to Downtown Dubai, Dubai Marina, and both international airports.
The development offers 1–2 bedroom apartments with modern layouts and access to themed lifestyle amenities.
Handover is scheduled for 31 March 2029.
Capri 1 offers a 40-month payment plan with 70% during construction and 30% on completion.
Prices start from AED 993,000 for a 1-bedroom apartment and AED 1.9M for a 2-bedroom.
Yes. By investing AED 2M or more, buyers can apply for a 10-year UAE Golden Visa for themselves, their family, and domestic staff.
Depending on investment value, buyers can obtain either a 2-year residency visa or a 10-year Golden Visa (AED 2M+).
Capri 1 offers a 40-month payment plan with 70% during construction and 30% on completion.
Prices start from AED 993,000 for a 1-bedroom apartment and AED 1.9M for a 2-bedroom.
Yes. By investing AED 2M or more, buyers can apply for a 10-year UAE Golden Visa for themselves, their family, and domestic staff.
Depending on investment value, buyers can obtain either a 2-year residency visa or a 10-year Golden Visa (AED 2M+).
Yes. Capri 1 offers freehold ownership for all nationalities.
Yes. The combination of affordable entry prices, a master-planned riverside location, and DAMAC’s track record makes Capri 1 a highly attractive investment.
Absolutely. Residents will enjoy a resort-style lifestyle with waterfront promenades, floating cinemas, themed dining, and wellness hubs, all while being minutes from Dubai’s prime districts.
DAMAC Riverside is a themed waterfront masterplan featuring leisure clusters, wellness lakes, hydroponic farms, retail, and cultural experiences – creating one of Dubai’s most vibrant new lifestyle destinations.
Metropolitan Premium Properties is a RERA-licensed real estate brokerage in Dubai (ORN 11899), part of the Metropolitan Group established in 2008. The agency has 1,000+ professionals across offices in Dubai, Abu Dhabi, Ras Al Khaimah, and Vienna, and covers residential and commercial sales, off-plan investments, rentals, and property management. The company has closed 6,000+ transactions totalling over AED 15 billion in investments and holds 120+ industry awards.
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