Capri 1 – DAMAC Riverside Views (Phase 2) in Dubai
Limited offers 2
4% DLD Waiver for All Off-plan projects
Dubai Investment Park (DIP), Dubai

Capri 1 – DAMAC Riverside Views (Phase 2) in Dubai

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.

Launch Price
993k
Handover
Q1 2029
2 Limited offers available View all

Project Overview

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.

Payment Plan

A structured payment plan is a powerful investment tool. When used wisely, it can significantly increase your return on equity (ROE). Not sure how to make the most of it? We’ll explain everything for free!

  • On construction

    70%

    Payment
  • On Handover

    30%

    Payment

Key points

Malibu Cove and Floating Adventures

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.

Adventure & Wellbeing Institute

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.

Amenities

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 icon

    Members Club

  • Retail Area icon

    Retail Area

  • Amphitheatre icon

    Amphitheatre

  • Bbq Area icon

    Bbq Area

  • Gaming Area icon

    Gaming Area

  • Rock Climbing Wall icon

    Rock Climbing Wall

  • Eco Trails icon

    Eco Trails

  • Outdoor Exercise Area icon

    Outdoor Exercise Area

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    Dubai Investment Park (DIP), Dubai

    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 Logo

    DAMAC

    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

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    FAQ

    • Where is Capri 1 located?

      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.

    • What types of properties are available in Capri 1?

      The development offers 1–2 bedroom apartments with modern layouts and access to themed lifestyle amenities.

    • When will the construction of Capri 1 be completed?

      Handover is scheduled for 31 March 2029.

    • What payment plans are available to property buyers in Capri 1?

      Capri 1 offers a 40-month payment plan with 70% during construction and 30% on completion.

    • How much do apartments in Capri 1 cost?

      Prices start from AED 993,000 for a 1-bedroom apartment and AED 1.9M for a 2-bedroom.

    • Can I obtain residency status if I buy property in Capri 1?

      Yes. By investing AED 2M or more, buyers can apply for a 10-year UAE Golden Visa for themselves, their family, and domestic staff.

    • What visa can I get if I buy property in Capri 1?

      Depending on investment value, buyers can obtain either a 2-year residency visa or a 10-year Golden Visa (AED 2M+).

    • What payment plans are available to property buyers in Capri 1?

      Capri 1 offers a 40-month payment plan with 70% during construction and 30% on completion.

    • How much do apartments in Capri 1 cost?

      Prices start from AED 993,000 for a 1-bedroom apartment and AED 1.9M for a 2-bedroom.

    • Can I obtain residency status if I buy property in Capri 1?

      Yes. By investing AED 2M or more, buyers can apply for a 10-year UAE Golden Visa for themselves, their family, and domestic staff.

    • What visa can I get if I buy property in Capri 1?

      Depending on investment value, buyers can obtain either a 2-year residency visa or a 10-year Golden Visa (AED 2M+).

    • Can a foreigner buy property in Capri 1?

      Yes. Capri 1 offers freehold ownership for all nationalities.

    • Are apartments in Capri 1 a good investment?

      Yes. The combination of affordable entry prices, a master-planned riverside location, and DAMAC’s track record makes Capri 1 a highly attractive investment.

    • Will Capri 1 be a good place to live in Dubai?

      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.

    • What are the benefits of living in DAMAC Riverside?

      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.

    About Metropolitan Premium Properties

    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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    About Metropolitan Premium Properties
    • 18+

      years of experience

    • 7000+

      listings in the database

    • 120+

      industry awards

    • 500+

      agents across all offices

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    Our Services

    01

    Property Management

    Full property management — from valuation and tenant sourcing to payment control and legal support.

    • Tenant selection and screening
    • EJARI registration and lease renewals
    • Handling technical and legal matters
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    02

    Consulting

    Comprehensive corporate and legal support in the UAE — from company registration and bank account opening to visa processing, inheritance and notary services.

    • Company formation and licensing
    • Bank account opening
    • Property gifting & wills
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    03

    Escrow and Conveyancing

    Escrow and conveyancing services — full due diligence of the property and parties, payment calculations, coordination with DLD, banks and developers, secure fund transfer and title deed registration.

    • Off-plan and secondary properties
    • Cash and mortgage transactions
    • Remote execution via Power of Attorney
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    04

    Property Handover

    Property handover assistance — organizing the handover procedure, verifying property readiness and collecting all required documentation from the developer or seller.

    • Document and property verification
    • Utility connections
    • Collection of handover documents and warranties
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    05

    Snagging Inspection

    Professional snagging inspection before handover — identification of construction defects and supervision of rectification within the warranty period.

    • Inspection of engineering systems
    • Quality control
    • Negotiation with the developer
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    06

    Mortgage Assistance

    Full mortgage assistance in the UAE — from selecting the optimal program and obtaining pre-approval to bank coordination and transaction completion.

    • Ready property mortgages
    • Off-plan financing
    • Sharia-compliant programs
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    07

    Interior Design

    Comprehensive interior design and furnishing services — from concept and 3D visualization to furniture selection, procurement and full project supervision.

    • Design project
    • Author supervision
    • Furnishing
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    08

    Residence Visas

    Complete support with all types of residency visas — from document preparation and medical tests to obtaining the Emirates ID.

    • Property Investor Visa
    • Golden Visa
    • Family Visa
    Learn more

    Our Achievements

    1st place

    Arada Broker Awards 2025

    2nd place

    One Broker Group 2024

    1st place

    The Black Onyx Awards 2024

    2nd place

    Omniyat Broker Awards 2024

    3rd place

    Alhamra Top Broker of the Year 2023

    1st place

    TAG Top Partner 2023

    3rd place

    DAMAC Broker Awards 2023

    3rd place

    IRTH Broker Awards Q3 2024

    What Clients Say About Us

    4.6

    Star
    Great property consultants. My broker was mahnaz enayati she was lovely and super professional. Very patient and really knows the market! Five stars for mahnaz 🫶🏻
    Metropolitan staff Desire Epangue showed exceptional attention and high quality services in a consistent and proactive manner
    Two months ago, I contacted the Metropolitan Premium Properties group through one of their real estate investment experts, Desire Epangue, regarding the acquisition of a studio apartment in GVC. It wasn't just the project itself, with its favorable tax treatment, that impressed me; it...
    Mahnaz Enayati was very helpful with market information and advice
    Every thing was very smooth Muhammad Dawood Ahmed is a trust worthy agent. The company helped with things that are not directly related to the sale. They really went above and beyond. I highly recommend them
    Our experience purchasing a property in Dubai through Metropolitan was not always easy, and we faced quite a few challenges along the way. What made a real difference for us was having **Mahnaz Enayati** by our side throughout the entire process. Mahnaz was always available, followed...
    I had a great experience with Mahnaz Enayati, she is a great professional, very knowledgeable and always offers great market insights. I’d highly recommend her at Metropolitan.
    We are very happy with our listing, Mahnaz is very good agent.
    I sold my unit in Falcon Island through Raghu from Metropolitan. He was extremely professional, responsive, and handled the entire process smoothly from start to finish. Very happy with his service and would highly recommend Raghu!
    Mr Raghu Nair is an extremely professional person. The company is lucky to have him. He is a great asset. He is persistent with his dealings and has always given an exceptional service. He takes full responsibility in taking care of the client. He made us so comfortable and confident ...
    It was a great experience.... they're very helpful in mostly every project that we worked on. The team they created has a great knowledge of many issues and challenges in Dubai.
    I had a great experience working with Mr Raghu throughout the apartment search. He was professional, transparent and responsive at every stage of the process. He patiently answered all my questions, coordinated everything efficiently and make the entire renting experience stress free....
    I had an excellent experience working with Raghu during my search for a property in Dubai. From the very beginning, he was professional, friendly, and a pleasure to work with. He even came to my hotel to pick me up and spent considerable time taking me to visit a number of different ...
    I had a really great experience with the purchase of two apartments as well as renting out especially with Maria Fuset who is extremely helpful and very communicative!!
    It is indeed very good