# Damac Riverside - Olive

Damac Riverside - Olive is a project by Damac Mry Investment L.L.C, recorded at 5% complete at its last Dubai Land Department inspection. 163 sales registered in the trailing 12 months at a median AED 2.79M (1 747 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

## Registry record

| Field | Value | Provenance |
|---|---|---|
| Developer | Damac Mry Investment L.L.C | DLD verified |
| Status | Active | DLD verified |
| Construction progress | 5% | DLD verified |
| Registered with DLD | 12 May 2025 | DLD verified |
| Construction started | 1 Oct 2025 | DLD verified |
| Declared completion | 30 Jun 2028 | DLD verified |
| Units in the project | 208 | DLD verified |
| Project area | 35 783 sqm | DLD verified |
| Escrow agent | Mashreq Bank Psc | DLD verified |
| Project number | 3690 | DLD verified |

Damac Riverside - Olive is a project by Damac Mry Investment L.L.C, recorded at 5% complete at its last Dubai Land Department inspection. 163 sales registered in the trailing 12 months at a median AED 2.79M (1 747 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

| Measure | Value | Year on year |
|---|---|---|
| Median sale price | AED 2.79M | — |
| Interquartile range | AED 2.70M – AED 2.84M | |
| Median price per sqft | 1 747 AED | — |
| Registered sales, 12 months | 163 | — |
| Off-plan share | 100.0% | |

## By number of bedrooms

| Homes | Sales | Median price | Median AED/sqft | Median size | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| 4-bedroom apartments | 145 | AED 2.72M | 1 747 | 1 550 sqft | — | — |
| 5-bedroom apartments | 18 | AED 4.39M | 1 750 | 2 367 sqft | — | — |

## Price per square foot by month

| Month | Sales | Median AED/sqft | IQR |
|---|---|---|---|
| Jun 2026 | 7 | 1 830 | 1 807 – 1 830 |
| May 2026 | 2 | insufficient data | |
| Apr 2026 | 6 | 1 816 | 1 802 – 1 830 |
| Mar 2026 | 9 | 1 830 | 1 784 – 1 830 |
| Feb 2026 | 4 | insufficient data | |
| Jan 2026 | 8 | 1 816 | 1 787 – 1 830 |
| Dec 2025 | 16 | 1 773 | 1 733 – 1 827 |
| Nov 2025 | 39 | 1 745 | 1 733 – 1 829 |
| Oct 2025 | 61 | 1 744 | 1 744 – 1 826 |

## What these numbers do not show

- Prices from the developer. Nothing here is a price list, a payment plan or availability — these are transactions already registered with DLD.
- Whether construction is moving. The completion percentage is the figure recorded at the last technical inspection, and inspections are irregular: an unchanged number does not mean work stopped.
- A handover promise. The declared completion date is a registry field, not a commitment.
- Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
- Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
- Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.

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**Source:** Dubai Land Department open data, compiled by Continental Club Property  
**Data through:** 22 Oct 2026  
**Methodology:** https://datadubai.ae/methodology/ (v1.0)  
**License:** Reuse permitted with attribution  
**Canonical:** https://datadubai.ae/projects/damac-riverside-olive/  
**Suggested citation:** Continental Club Property, "Damac Riverside - Olive", Dubai Data, data through 22 Oct 2026, https://datadubai.ae/projects/damac-riverside-olive/  
**Disclaimer:** Registered transactions, not asking prices. Not investment advice, not a valuation. Not affiliated with or endorsed by the Dubai Land Department.