DAMAC Properties unveils its Riverside Views project
Image: Supplied
DAMAC Properties has unveiled Riverside Views, its first major development of 2025.
The new project is part of the newly-launched DAMAC Riverside community.
The launch event, held at the Coca-Cola Arena, was attended by
Among the star-studded guests were globally acclaimed celebrities and influencers, including Indian Bollywood superstar Shahrukh Khan.
In addition, the developer ran a month-long marketing campaign for Riverside Views, targeting the UAE as well as key international markets, including India, Japan, China, Russia and the US.
Riverside Views: Blending luxury and nature
Amira Sajwani, MD of DAMAC Properties, commented on the launch: 'We are proud to continue listening to our customers' feedback and bringing truly desired products to the market.
'Riverside Views introduces a collection of stylish one- and two-bedroom apartments housed within eight uniquely themed clusters: Teal, Azure, Marine, Indigo, Royal, Capri, Sun, and Pacific. Designed to connect residents to nature and community, the project features a mix of greenery and water scenery, enhancing a sense of well-being and connection with the environment. We will continue to shape Dubai's luxury real estate landscape and bring iconic products.'
Premium location
Riverside Views, located approximately 15 minutes from Expo 2020 and Al Maktoum International Airport, promises convenient access to some of Dubai's key destinations.
The development will offer residents world-class amenities, including five signature dining options, such as Portofino Italian Restaurant, a floating island restaurant, and a spa. A hydroponic farm will also provide fresh greens daily, underscoring the project's commitment to sustainability and wellness.
For health and wellness enthusiasts, the development includes fitness facilities by the water, a floating chess stage, a floating opera space, essential oil lakes, and 'Peace Room's designed to foster mindfulness and creativity.
With one-bedroom apartments starting at Dhs888,000 and two-bedroom apartments from Dhs1,420,000, Riverside Views will offer a 70/30 payment plan.
The
DAMAC Properties: A year of growth, new announcements
The launch of Riverside Views follows a landmark year for DAMAC Properties, which saw the unveiling of three major community developments: Sun City, DAMAC Islands, and the announcement of DAMAC Riverside.
Building on this momentum, the developer plans to introduce additional projects and deliver significant construction updates throughout 2025, continuing its commitment to shaping the future of Dubai's luxury real estate sector.
Read:
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
ME Construction
2 days ago
- ME Construction
Azure launches Lamara project in Riyadh
Property Azure launches Lamara project in Riyadh By The project aligns with SAB Invest's local real estate strategy, which has achieved a 19% internal rate of return for its investors Azure has launched its Lamara project in Riyadh. This collaborative effort between Mohammed Al Habib Real Estate and SAB Invest brings together expertise in development, real estate investment, and master planning. The project was valued at US $72.4mn and aligns with SAB Invest's broader $800mn local real estate strategy, which has achieved a 19% internal rate of return (IRR) for its investors. Together, SAB Invest and Mohammed Al Habib Real Estate reinforce their shared commitment to delivering exceptional, high-impact communities, said a statement. Azure, backed by the legacy of over 50 completed projects across 10 cities by Mohammed Al Habib Real Estate, is set to launch multiple projects per quarter as part of a high frequency strategy. This vision aims to manage up to 20,000 residential units in Riyadh by 2030. Azure currently serves over 13,680 residents across 12 compounds and 3,639 residential units. Azure Lamara builds on this momentum to Riyadh's evolving residential landscape, offering developments that redefine lifestyle centric urban living, said a statement. Abdullah Al Habib, CEO of Mohammed Al Habib Real Estate said, 'Lamara is just the beginning. As Azure expands its footprint across Riyadh, we are creating vibrant, high-quality communities that align with Vision 2030. Leveraging our expertise in pioneering strategic master plans and unique urban developments, we remain dedicated to crafting neighborhoods that truly reflect and elevate the way people live and connect.' Fahad Al-Assaf, President at Azure, emphasised this vision commented, 'This launch reflects Azure's broader mission to create thoughtful urban environments. Drawing on the heritage and development expertise of our parent company, we aim to deliver spaces that inspire the seamless integration of connection, wellbeing, and enduring value.' Ali Al Mansour, Managing Director and CEO of SAB Invest added, 'Our collaboration with Mohammed Al Habib Real Estate reflects our commitment to backing high-quality developments that deliver both strong returns and long-term value to investors. Our success with Azure Lamara project is a testament to this strategy, and we are proud to see that momentum continue with the Lamara launch.' SAB Invest, with its growing portfolio of residential and mixed-use assets across the Kingdom, brings investment scale and efficiency to its long-term value creation development strategy. This collaboration exemplifies responsible real estate practices that positively impact the community. Azure prioritises services that cater to the diverse needs of its broad resident community, welcoming environment that resonates with today's globally minded population, the statement concluded.
Zawya
2 days ago
- Zawya
Azure unveils new luxury living development in Riyadh
Saudi Arabia - Mohammed Al Habib, a leading property development company in Saudi Arabia, has announced that one of its key units - Azure - has launched its landmark Lamara project in Riyadh, thus setting the stage for an ambitious new chapter in premium community development. Held in strategic collaboration between Mohammed Al Habib Real Estate, and SAB Invest, the occasion brings together leading expertise in development, real estate investment, and master planning. The project is part of SAB Invest's wider SAR3 billion ($816 million) local real estate strategy, yielding an impressive 19% internal rate of return (IRR) for the fund's investors. Together, both entities reinforce their shared commitment to delivering distinctive, high-impact communities. The unveiling follows SAB Invest's successful divestment of Lamara residential project, acquired in partnership with Mohammed Al Habib Real Estate at a total investment of SAR268 million. The milestone also marks the beginning of a high-frequency rollout strategy, with Azure set to launch multiple projects per quarter as part of a broader vision to manage up to 20,000 residential units in Riyadh by 2030. Backed by Mohammed Al Habib Real Estate's legacy of over 50 completed projects across 10 cities, Azure currently serves over 13,680 residents across 12 compounds and 3,639 residential units. Azure Lamara builds on this momentum to Riyadh's evolving residential landscape with developments that aim to redefine lifestyle-centric urban living, said a top official. "Lamara is just the beginning. As Azure expands its footprint across Riyadh, we are creating vibrant, high-quality communities that align with Vision 2030," remarked its CEO Abdullah Al Habib. "Leveraging our expertise in pioneering strategic master plans and unique urban developments, we remain dedicated to crafting neighborhoods that truly reflect and elevate the way people live and connect," he stated. Azure President Fahad Al Assaf said: "This launch reflects our broader mission to create thoughtful urban environments. Drawing on the heritage and development expertise of our parent company, we aim to deliver spaces that inspire the seamless integration of connection, wellbeing, and enduring value." By prioritizing services tailored to the needs of a broad resident community, Azure fosters a welcoming environment that aligns with today's globally minded population, he stated. SAB Invest Managing Director and CEO Ali Al Mansour said: "Our collaboration with Mohammed Al Habib Real Estate reflects our commitment to backing high-quality developments that deliver both strong returns and long-term value to investors. Our success with Azure Lamara project is a testament to this strategy, and we are proud to see that momentum continue with the Lamara launch." "With a growing portfolio of high-performing residential and mixed-use assets across the Kingdom, SAB Invest brings investment scale and efficiency to a development strategy rooted in long-term value creation. This collaboration reflects a forward-looking approach to real estate that blends financial discipline with community impact," he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Web Release
3 days ago
- Web Release
Red Hat Powers Modern Virtualization on Microsoft Azure
Red Hat, the world's leading provider of open source solutions, announced the public preview of Red Hat OpenShift Virtualization on Microsoft Azure Red Hat OpenShift. Available as a self-managed operator included in Azure Red Hat OpenShift, Red Hat OpenShift Virtualization offers organizations an accelerated path to modernization by streamlining the migration of virtual machines (VMs) from existing virtualization platforms to a scalable, cloud-native platform. Azure Red Hat OpenShift is a turnkey application platform that is jointly managed and supported by Red Hat and Microsoft, designed to help to reduce the complexities associated with managing the underlying infrastructure and empower IT teams to focus time and resources on innovation and modernization rather than routine maintenance. With Red Hat OpenShift Virtualization on Azure Red Hat OpenShift, organizations benefit from a more consistent hybrid cloud stack that can support VMs and containers alike to help significantly streamline application modernization and accelerate cloud-native strategies. This enables organizations to more effectively modernize existing critical VM infrastructure while continuing to evolve with new innovations that meet future business needs. Red Hat OpenShift Virtualization on Azure Red Hat OpenShift empowers organizations to: Accelerate VM migration: Red Hat OpenShift Virtualization on Azure Red Hat OpenShift helps organizations quickly migrate and scale existing VM workloads with built-in migration tooling and automation capabilities, such as those through Red Hat Ansible Automation Platform and Red Hat Advanced Cluster Management , to simplify the migration process, minimize disruption and enable teams to quickly shift to modern infrastructure. Red Hat OpenShift Virtualization on Azure Red Hat OpenShift helps organizations quickly migrate and scale existing VM workloads with built-in and automation capabilities, such as those through and , to simplify the migration process, minimize disruption and enable teams to quickly shift to modern infrastructure. Simplify operations: Red Hat OpenShift Virtualization on Azure Red Hat OpenShift provides a unified view of operations to more seamlessly manage both VMs and containers on the same platform across the hybrid cloud. Automated deployment and management of Red Hat OpenShift clusters further reduces complexity and risk. Red Hat OpenShift Virtualization on Azure Red Hat OpenShift provides a unified view of operations to more seamlessly manage both VMs and containers on the same platform across the hybrid cloud. Automated deployment and management of Red Hat OpenShift clusters further reduces complexity and risk. Modernize infrastructure: Red Hat OpenShift Virtualization on Azure Red Hat OpenShift allows customers to build, modernize and deploy applications at scale. By adopting this Kubernetes-based platform, organizations instantly land on modern infrastructure that brings them two steps closer to their cloud-native application modernization goals. Azure Red Hat OpenShift brings modern application development processes and tools to VMs that help expedite the modernization of VM-based applications. Red Hat OpenShift Virtualization on Azure Red Hat OpenShift allows customers to build, modernize and deploy applications at scale. By adopting this Kubernetes-based platform, organizations instantly land on modern infrastructure that brings them two steps closer to their cloud-native application modernization goals. Azure Red Hat OpenShift brings modern application development processes and tools to VMs that help expedite the modernization of VM-based applications. Optimize resources: In addition to increasing DevOps productivity and decreasing the time to deploy applications with Azure Red Hat Openshift, further optimization can be realized with Red Hat OpenShift Virtualization by right-sizing VMs to better match workload needs. Built on the industry's leading hybrid cloud application platform powered by Kubernetes and Microsoft Azure's trusted cloud infrastructure, Azure Red Hat OpenShift delivers a future-ready platform with integrated security tooling, automation and management capabilities to extend innovation across the hybrid cloud. Red Hat OpenShift Virtualization is now available in public preview as a self-managed operator on Azure Red Hat OpenShift. Organizations can also apply their Microsoft Azure Consumption Commitment (MACC) and utilize the Azure Migration and Modernization Program (AMMP) for Azure Red Hat OpenShift. Additionally, customers can use the Azure Hybrid Benefit to reuse existing on-premise licenses for both Red Hat Enterprise Linux and Windows Licenses. Red Hat Summit To listen to Red Hat Summit keynotes from Red Hat executives, customers and partners: Supporting Quotes Chris Wright, senior vice president and chief technology officer, Red Hat 'As organizations continue to modernize and move away from legacy virtualization solutions, it is critical to choose a secure computing foundation for the future that can adapt to their current and evolving multi-infrastructure environments. Building upon our extensive history of collaboration and joint engineering efforts with Microsoft Azure, Red Hat OpenShift Virtualization running on Azure Red Hat OpenShift delivers more consistent orchestration for VMs and containers alike, setting organizations on a clear path to modern application development and deployment.' Brendan Burns, corporate vice president, Azure Compute, Microsoft 'As customers modernize and move their apps from traditional virtual-machine-based fabrics that are on-premises to modern Kubernetes platforms, some components still need to run on traditional virtual machines for a while. To address this, Microsoft and Red Hat are collaborating to bring open-source innovation from the KubeVirt project into Azure Red Hat OpenShift. What I'm most excited about is how this enables customers to add virtualization capabilities to Azure Red Hat OpenShift, which allows them to modernize at their own pace, and get the best return on investment as they transition to the cloud.' Additional Resources Connect with Red Hat
