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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.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 811 – 3,932 sqft | 155 | 3.86M | 1,886 | ↓12.3% | 129K | 3.3% | |
| 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 | — | — | — | — | — | — |
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 23 Jul 2026 | 1 Bed | Floor 3 | 811 | 1,000,000 | 1,232 | Completion | Standard | Standard Sale |
| 13 Jun 2026 | 3 Bed | Floor 15 | 3,426 | 6,700,000 | 1,956 | — | Standard | Standard Sale |
| 20 Apr 2026 | 2 Bed | Floor 12 | 1,555 | 3,660,000 | 2,354 | — | Standard | Payment Plan Sale |
| Start Date | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 15 Aug 2026 | Floor 7 | 956 | 80,000 | 84 | — | Standard | new |
| 14 Aug 2026 | Floor 5 | 919 | 80,000 | 87 | — | Standard | new |
| 10 Aug 2026 | Floor 5 | 956 | 75,000 | 78 | — | Entry Level | new |
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.
- Mar CasaAED 1,978/sqft
- The Anwa By OmniyatAED 2,098/sqft
- Harbour LightsAED 2,192/sqft
- SariaAED 2,370/sqft
- Nautica TwoAED 1,372/sqft
- Oceanz 1 By DanubeAED 2,452/sqft
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.