Riva Residence
HandoverProject Description
B+G+4P+25 Residential Building & retails .The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+4%
GrowthCurrent:AED 2,182/sqft
Last 12M:AED 2,101/sqft
Momentum: Last 12Mvs Prior Year
Rising+5%
GrowthLast 12M:AED 2,101/sqft
Prior Year:AED 2,010/sqft
Community Compare: Last 90DDubai Maritime City
Discount-32%
Below AvgProject:AED 2,182/sqft
Community:AED 3,189/sqft
Liquidity: Last 12MExit Speed
High38%Turnover
59Sold (Last 12M)
Supply & Demand Matrix
Riva Residence averaged 38% liquidity over the last 12 months, which is considered high. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.
Type
Absorption (L12M)
Velocity
1 Bedroom
60 units
28 sold32 left
47%
Velocity
2 Bedrooms
52 units
22 sold30 left
42%
Velocity
3 Bedrooms
40 units
9 sold31 left
23%
Velocity
Shop
4 units
0 sold4 left
0%
Velocity
Layouts & Units (156)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-10 | Inventory 60units 12 layouts · Typically 1 parking 7-93 sqm balcony | Size Range 267-1,726sqft | Price Range AED 507K - AED 2.2M | Avg PSF 2,033 | Sales 53 | Trend — | |
Asset Class 2 Bed FlatFloors 1-24 | Inventory 52units 14 layouts · Typically 1 parking 7-183 sqm balcony | Size Range 1,322-3,181sqft | Price Range AED 1.8M - AED 3.2M | Avg PSF 2,056 | Sales 41 | Trend — | |
Asset Class 3 Bed FlatFloors 8-25 | Inventory 40units 17 layouts · Typically 1 parking 6-116 sqm balcony | Size Range 2,006-3,398sqft | Price Range AED 3.0M - AED 5.2M | Avg PSF 2,184 | Sales 13 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 62,523-62,523sqft | Price Range AED 62.5M - AED 62.5M | Avg PSF 900 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 4units 4 layouts · Typically 1 parking | Size Range 1,799-3,019sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 156 units