When will Damac Riverside - Sage be completed?

The completion date registered with the Dubai Land Department is December 2027. At the pace of its recent inspections the site would reach 100% around April 2032. Developers can apply to the Land Department to extend the date, so check the register before relying on it.

How much of Damac Riverside - Sage is built?

13%, measured at the Land Department site inspection on 26 August 2026. The Land Department engineers have inspected the site 5 times since July 2024.

Is Damac Riverside - Sage delayed?

It is running behind. At the rate of the last year it would finish more than three months after its registered date of December 2027.

Who is building Damac Riverside - Sage?

The registered developer is Damac Mry Investment. It has 17 other projects under construction in Dubai.

Which bank holds the escrow account for Damac Riverside - Sage?

First Abu Dhabi Bank. Dubai law requires payments for off-plan units to go into a project escrow account at a bank approved by the Land Department, so buyer money is held against this project only.

Damac Riverside - Sage construction progress

Damac Riverside - Sage in Dubai Investment Park Second is 13% built at the Land Department inspection of August 2026. Developer Damac Mry Investment. Completion registered for December 2027.

13%

Built, at the Land Department site inspection of 26 August 2026

Running behind its date

Completion date (Land Department): December 2027
Finish at recent pace: April 2032
Construction started: September 2024
Registered with the Land Department: July 2024
Developer: Damac Mry Investment
Community: Dubai Investment Park Second
Units: 8
Escrow bank: First Abu Dhabi Bank
Name in Arabic: داماك ريفرسايد - سيج
Land Department project number: 3171
Land Department site inspections: 5

Schedule

Between April 2026 and August 2026 the site added about 1.3 points a month. At that rate it would finish around April 2032, more than three months after the December 2027 date registered with the Land Department.

Progress at each Land Department site inspectionStraight line from start to the Land Department completion date

Site inspections

26 August 2026

13%+5.6 pts

14 April 2026

7.6%+4.9 pts

15 July 2025

2.7%+2.0 pts

25 February 2025

0.7%+0.7 pts

1 July 2024

All 21 site photos, by inspection date

Context

Dubai Investment Park Second has 27 projects under construction, 11% built on average.

Damac Mry Investment has 18 projects under construction in Dubai, none past their registered completion dates.

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Questions

When will Damac Riverside - Sage be completed?: The completion date registered with the Dubai Land Department is December 2027. At the pace of its recent inspections the site would reach 100% around April 2032. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
How much of Damac Riverside - Sage is built?: 13%, measured at the Land Department site inspection on 26 August 2026. The Land Department engineers have inspected the site 5 times since July 2024.
Is Damac Riverside - Sage delayed?: It is running behind. At the rate of the last year it would finish more than three months after its registered date of December 2027.
Who is building Damac Riverside - Sage?: The registered developer is Damac Mry Investment. It has 17 other projects under construction in Dubai.
Which bank holds the escrow account for Damac Riverside - Sage?: First Abu Dhabi Bank. Dubai law requires payments for off-plan units to go into a project escrow account at a bank approved by the Land Department, so buyer money is held against this project only.

Progress, dates, developer, units and escrow bank come from the Dubai Land Department’s Mashrooi register, read daily. The pace and the projected finish are Mulki’s own arithmetic on the last year of Land Department inspections, not a forecast from the developer. Site photos belong to the Dubai Land Department. See how Mulki works with Land Department data.