Amira Sajwani, DAMAC managing director, sees no limit to the growth of one of Dubai’s leading property developers. Their project pipeline for 2025 will showcase innovative developments that will strengthen Dubai’s status as a thriving and dynamic hub for global real estate investment.
Can you tell us more about DAMAC’s latest project launch, Capri Riverside Views?
Capri Riverside Views, is an exciting new phase at DAMAC Riverside, building on the incredible success of our earlier launches which sold out in record time.
We’ve designed Capri Riverside Views with a strong focus on lifestyle, health, and wellness. Residents will enjoy world-class amenities such as a clubhouse, a floating island restaurant, a Zen Spa, a Portofino Restaurant, a hydroponic farm providing fresh greens daily, fitness facilities by the water, a floating chess stage, and even unique experiences like a floating opera, essential oil lakes, and peace rooms for mindfulness and creativity.
The property is located in Dubai Investment Park and close to Expo City Dubai. It features stylish one bedroom apartments starting AED993,000 and two-bedroom apartments from AED1.9 million, positioned on either side of the river, blending urban energy with stunning waterfront views.
What about the value of the project and its payment plan?
Capri Riverside Views is valued at AED1.1 billion, and we have also introduced an extremely attractive payment plan starting at just 0.25 percent per month, allowing customers to secure their new home with easy monthly payments from as low as AED2,499. This is a fantastic opportunity for first-time homebuyers, young couples, and investors, and is part of our ongoing efforts to make real estate investment and homeownership in Dubai more accessible to a wider audience.
Read more: DAMAC Properties launches Capri One apartments at Riverside Views
How would you describe the performance of Dubai’s real estate market so far this year?
Dubai’s real estate market has had an exceptional start to 2025, and I had no doubt in it. In just the first six months, the sector recorded over AED431 billion in transactions, a 25 percent increase compared to the same period last year, across more than 125,500 deals. We’ve also seen close to 95,000 investors in the market, with 59,000 of them making their first-ever investment in Dubai real estate, an increase of 22 percent compared to H1 2024. These numbers speak volumes about the strength, resilience, and global appeal of our Emirate, and they reinforce my confidence that the momentum will continue into the second half of the year.
How do you see the upcoming launch of the Etihad Rail service in 2026 affecting Dubai’s real estate market, from investment patterns to development in new areas?
The arrival of Etihad Rail marks a transformative moment for Dubai’s property landscape. With passenger services expected to begin in 2026, we anticipate strong ripple effects across the market. Studies and industry experts forecast property values and rents in areas near confirmed stations could increase by around 10–15 percent once the rail is operational. Furthermore, this rail network enhances the city’s sustainable growth strategy, enabling Transit-Oriented Development (TOD) and unlocking underutilized areas for mixed-use communities that blend residential, commercial, and leisure offerings.
The Etihad Rail project will serve as a strategic enabler for Dubai’s continued urban development, strengthening its position as a globally competitive real estate market and enhancing long-term investor confidence.
What can we expect from DAMAC for the rest of 2025?
We still have many exciting surprises up our sleeves for the remainder of 2025. Earlier this year, we marked a significant milestone with our landmark partnership with Chelsea FC and the launch of the world’s first football-branded residence, Chelsea Residences by DAMAC. We also celebrated the successful launch of Safa Gate on Sheikh Zayed Road, as well as the sell-out of Riverside Views Phase 1, valued at AED3.5 billion. Looking ahead, I can assure you that there are numerous major announcements and innovative projects on the horizon. At DAMAC, we truly believe that the sky is the limit, and we remain committed to shaping the future of luxury real estate in Dubai and beyond.
