PropertyIndex

Riva Residence

Under Construction · 89%|155 units · 1 tower

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Riva Residence is an under-construction apartment development by VAKSON FIRST PROPERTY DEVELOPMENT L.L.C in Dubai Maritime City, Madinat Dubai Almelaheyah, comprising 155 registered units. 133 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,886 per sqft. At AED 1,886 per sqft, Riva Residence prices 39% below the Dubai Maritime City average of AED 3,116 per sqft on registered sales.

PIX© price · 12.3% YoY
3.86MAED
Typical
1,886AED
PSF
Gross yield
3.3%
PIX© rent ÷ PIX© price
Sale records
133
DLD · all time
Rent contracts
13
Ejari · all time
Riva Residence

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
811 – 3,932 sqft
1553.86M1,88612.3%129K3.3%
Residential
1 Bed · Apartment
811 – 1,736 sqft
60
2 Bed · Apartment
1,337 – 3,187 sqft
52
3 Bed · Apartment
1,911 – 3,426 sqft
40
Villa (Bedrooms Unknown)
62,523 sqft
Commercial
Shop
2,427 – 3,932 sqft
3
Sales — Project-Wide133 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
23 Jul 20261 BedFloor 38111,000,0001,232CompletionStandardStandard Sale
13 Jun 20263 BedFloor 153,4266,700,0001,956StandardStandard Sale
20 Apr 20262 BedFloor 121,5553,660,0002,354StandardPayment Plan Sale
Rentals — Project-Wide13 Ejari contracts
PIX© rent analysis
All time
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
15 Aug 2026Floor 795680,00084Standardnew
14 Aug 2026Floor 591980,00087Standardnew
10 Aug 2026Floor 595675,00078Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai Maritime City

The closest-priced registered projects in Dubai Maritime City.

Common questions about Riva Residence

Answered from Dubai Land Department registered transactions.

How much does a property in Riva Residence cost?

Property in Riva Residence sells at a current PIX© price of AED 1,886 per sqft, or about AED 3,858,588 for a typical unit, based on 133 sales registered with the Dubai Land Department.

When is Riva Residence handing over?

Riva Residence is under construction, and is 89% complete against the Dubai Land Department's reported progress.

Who is the developer of Riva Residence?

Riva Residence is developed by VAKSON FIRST PROPERTY DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Riva Residence?

Riva Residence yields 3.3% gross, calculated from current PIX© rent against current PIX© sale price, across 13 registered Ejari contracts.

How many units are in Riva Residence?

Riva Residence holds 155 registered units, per the Dubai Land Department unit register.

Have prices in Riva Residence gone up or down?

Price per sqft has fallen -12.3% over the last 12 months, to AED 1,886, across 133 registered sales.