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Project profile

Riva Residence Project · Dubai Maritime City · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: Vakson First Property Development

Data to 4 November 2026

Registered sales
12
Last 12 months
Median ready price
AED 2,224
Per sq ft
Construction progress
100%
Completed

Dubai Land Department lists the project as completed on 26 December 2025. In the last 12 months, Dubai Land Department registered 12 sales in Riva Residence, worth AED 47.1M in total. The median price of ready homes was 2,224 AED/sqft.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.

Abstract illustration, not an architectural rendering

A project, in progress.

Construction progress100%

Completed

Start
1 November 2022
DLD end date
25 September 2025
Completion
26 December 2025
Units
155
Buildings
1

Launch and latest registrations.

Launch price
AED 2,000
First 90 days from May 2024, 9 home sales
Last 12 months
AED 2,302
12 home sales
Change
—
Same home types, AED/sqft

Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.

Riva Residence registered prices, over time.

Median registered price, AED per sq ft

Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month Off-plan (registered sales)
May 2024 — 1 sale
Jun 2024 — 4 sales
Jul 2024 — 3 sales
Aug 2024 — 1 sale
Sep 2024 2,000 AED/sqft 7 sales
Oct 2024 2,000 AED/sqft 8 sales
Nov 2024 2,185 AED/sqft 7 sales
Dec 2024 1,999 AED/sqft 7 sales
Jan 2025 2,000 AED/sqft 11 sales
Feb 2025 — 4 sales
Mar 2025 2,004 AED/sqft 8 sales
Apr 2025 2,050 AED/sqft 5 sales
May 2025 2,050 AED/sqft 8 sales
Jun 2025 — 3 sales
Jul 2025 2,010 AED/sqft 13 sales
Aug 2025 — 3 sales
Sep 2025 — 3 sales
Oct 2025 2,000 AED/sqft 7 sales
Nov 2025 — 3 sales
Dec 2025 — 1 sale
Jan 2026 —
Feb 2026 —
Mar 2026 —
Apr 2026 —
May 2026 —
Jun 2026 —
Jul 2026 —
Aug 2026 —
Sep 2026 —
Oct 2026 —

What does each home type sell and rent for in Riva Residence?

  • Apartment · 1 bed

    Ready median price
    —
    Median yearly rent
    AED 75K
    Gross yield
    Rent only
  • Apartment · 2 beds

    Ready median price
    —
    Median yearly rent
    AED 120K
    Gross yield
    Rent only
  • Apartment · 3 beds

    Ready median price
    —
    Median yearly rent
    —
    Gross yield
    —

Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.

Service charges.

In the area report.

The Dubai Maritime City area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Dubai Maritime City area report

The latest registered sales in Riva Residence.

  • 19 Oct 2026

    Apartment1 bedReady811 sqft

    AED 1,450,0001,788 AED/sqft

  • 2 Oct 2026

    Apartment1 bedReady919 sqft

    AED 1,900,0002,067 AED/sqft

  • 24 Jul 2026

    Apartment1 bedReady406 sqft

    AED 1,000,0002,463 AED/sqft

  • 15 Jun 2026

    Apartment3 bedsReady3,426 sqft

    AED 6,700,0001,956 AED/sqft

  • 20 Apr 2026

    Apartment3 bedsReady2,335 sqft

    AED 5,193,0002,224 AED/sqft

  • 20 Apr 2026

    Apartment2 bedsReady1,555 sqft

    AED 3,660,0002,354 AED/sqft

  • 18 Mar 2026

    Apartment3 bedsReady2,081 sqft

    AED 4,995,0002,400 AED/sqft

  • 9 Mar 2026

    Apartment2 bedsReady1,548 sqft

    AED 3,900,0002,519 AED/sqft

  • 24 Feb 2026

    Apartment2 bedsReady1,555 sqft

    AED 3,350,0002,154 AED/sqft

  • 22 Dec 2025

    Apartment3 bedsOff-plan2,126 sqft

    AED 4,900,0002,305 AED/sqft

Questions about Riva Residence

What is the price per sq ft in Riva Residence?

In the 12 months to 4 November 2026, the median registered sale price of ready homes was 2,224 AED/sqft.

How many homes were sold in Riva Residence in the last 12 months?

In the last 12 months, Dubai Land Department registered 12 sales in Riva Residence, worth AED 47.1M in total. The median price of ready homes was 2,224 AED/sqft. Registered sales to 4 November 2026.

What is the rent in Riva Residence?

In the 12 months to 4 November 2026, Apartment · 1 bed was the most rented home type in Riva Residence, at a median of AED 75,000 a year over 20 new contracts.

When was Riva Residence completed?

Dubai Land Department lists the project as completed on 26 December 2025.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

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