New homes in Riva Residence start at AED 1,601,469; the keys were due Sep 2025; you pay 20% to book, 50% while it is built and 30% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 1,120 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Maritime City. Their median price is AED 3,182 per sq ft (about AED 2,536,000 at 797 sq ft). This project's from price is AED 2,009 per sq ft (AED 1,601,469 for its smallest home, 797 sq ft), 37% less.
Keys
Sep 2025
The developer's handover date. It has passed and may be out of date, so ask us for the current one.
Payment plan
20 / 50 / 30
20% to book, 50% while it is built, 30% at the keys
Bedrooms
1 to 3 beds
Sizes
797 to 2,045 sq ft
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 2,009 per sq ft
Similar off-plan homes: AED 3,182 per sq ft
RERA project
3034
Check it in Dubai REST, the Dubai Land Department's official app.
Built
89%
Being built. DLD register, Jun 12, 2026
Escrow account
يونايتد بنك ليمتد (مكتب ادارة)
The bank that holds your payments
Registered homes
156
In 1 buildings
Paying for it
You pay 20% when you book, 50% as the building goes up, and 30% when you get the keys.
AED
When
Stage
Share
Amount
When you book
Booking
20%
AED 320,294
As it is built
While it is built
50%
AED 800,735
At the keys (Sep 2025)
Keys
30%
AED 480,441
Booking payment, 20%
AED 320,294
Dubai Land Department fee (Oqood), 4%
AED 64,059
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 384,353
The handover date (Sep 2025) is too close or already past to estimate the dates. Ask us for the developer's current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask Vakson Real Estate for the estimate.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 1,120 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Maritime City, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in Riva Residence sold in 24 months, so we compare with off-plan sales across Dubai Maritime City.
Dubai Land Department recorded 1,120 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Maritime City, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 3,182 per sq ft
AED 1,710 to AED 2,119 per sq ft
19 sales
This project's from price is in this band.
AED 2,119 to AED 2,527 per sq ft
65 sales
AED 2,527 to AED 2,936 per sq ft
244 sales
AED 2,936 to AED 3,344 per sq ft
408 sales
AED 3,344 to AED 3,753 per sq ft
303 sales
AED 3,753 to AED 4,161 per sq ft
75 sales
AED 4,161 to AED 4,570 per sq ft
4 sales
AED 4,570 to AED 4,978 per sq ft
2 sales
AED 1,710 per sq ftAED 4,978 per sq ft
This project AED 2,009 per sq ft
Half of the sales sold for AED 2,871 to AED 3,480 per sq ft
The median is the middle sale: half sold for less, half for more.
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Price per sq ft
Sales
AED 1,710 to AED 2,119 per sq ft
19
AED 2,119 to AED 2,527 per sq ft
65
AED 2,527 to AED 2,936 per sq ft
244
AED 2,936 to AED 3,344 per sq ft
408
AED 3,344 to AED 3,753 per sq ft
303
AED 3,753 to AED 4,161 per sq ft
75
AED 4,161 to AED 4,570 per sq ft
4
AED 4,570 to AED 4,978 per sq ft
2
The 3 closest sales
Picked from the 1,120 similar sales above, closest in size to this project's smallest home.
Mar 2026AED 2,002,000AED 2,514 per sq ftCORAL REEF, 796 sq ft
Jan 2026AED 2,655,000AED 3,326 per sq ftKanyon By Beyond, 798 sq ft
Feb 2026AED 1,370,000AED 1,710 per sq ftHarbour Lights, 801 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Dubai Maritime City in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 1,601,469 here
Off-plan medianAED 2,411,000AED 3,044 per sq ft
Sales1,736
37% below 1,120 similar sales
2-bed apartment
Off-plan medianAED 4,058,000AED 2,891 per sq ft
Sales797
3-bed apartment
Off-plan medianAED 6,019,000AED 3,139 per sq ft
Sales188
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
4.7%
Median rent of 1-bed apartments in Dubai Maritime City
AED 74,999 a year
Rent contracts counted
186
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 74,999 a year
2-bed apartment
AED 106,999 a year
3-bed apartment
AED 143,999 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 74,999 ÷ AED 1,601,469 = 4.7%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Al Ghubaiba Metro Station2.6 km, 8 min driveMetro station
Nikki Beach2.6 km, 10 min driveBeach
New academy school3 km, 7 min driveSchool
GEMS Winchester School6.5 km, 12 min driveBritish school
Jumeirah Baccalaureate School5.7 km, 10 min driveIB school
The Indian High School6.2 km, 12 min driveIndian school
City Centre Al Shindagha2.5 km, 5 min driveMall
International Modern Hospital3.1 km, 6 min driveHospital
Dubai World Trade Centre5.7 km, 10 min driveOffices
Riva Residence is a Vakson Real Estate apartment project in Dubai Maritime City with one to three bedrooms from AED 1,601,469; its listed handover of September 2025 has passed. The from price is about 37% below 1,120 similar one-bedroom sales in Dubai Maritime City (12 months to October 2026).
The listed handover was September 2025, more than a year ago, so the date may be out of date. Ask the developer whether the building has its completion certificate and when handover is now expected. Also confirm the developer named on the sale agreement. The listing does not state the ownership type, so confirm the ownership terms with the developer.
The from price is about 37% below 1,120 similar one-bedroom sales in Dubai Maritime City (12 months to October 2026), as listed by the Dubai Land Department. The plan is 20% on booking, 50% during construction and 30% at handover: about AED 320,300, AED 800,700 and AED 480,400 at the from price. Ask when the 50% construction payment falls due. Separately, the 4% DLD fee comes to about AED 64,060; ask when it is due.
The developer lists one bedroom at 797 sq ft, two at 1,324 sq ft and three at 2,045 sq ft. Shared facilities are a gym, a pool, a barbecue area and a play area for children, and the developer mentions Queen Elizabeth 2 access; ask what it includes. The homes are described as furnished, so ask what furniture comes with your unit.
The developer places the building between Port Rashid and Drydocks World. Al Ghubaiba Metro Station is about 2.6 km away, around 8 minutes by car, and Nikki Beach about 2.6 km. Jumeirah Baccalaureate School is about 5.7 km away, and Dubai World Trade Centre about 10 minutes by car by our estimate.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
1 BR
2 BR
3 BR
How prices moved
Median price of 1-bed apartments in Dubai Maritime City, over the 12 months to each dateUp 28% from Dec 2024 to Sep 2026.
Dec 2024AED 2,384 per sq ft
Sep 2026AED 3,044 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 3,044 per sq ft
1,736 sales
Jun 2026
AED 3,050 per sq ft
2,609 sales
Mar 2026
AED 3,035 per sq ft
2,794 sales
Dec 2025
AED 2,981 per sq ft
2,884 sales
Sep 2025
AED 2,888 per sq ft
2,386 sales
Jun 2025
AED 2,545 per sq ft
1,824 sales
Mar 2025
AED 2,435 per sq ft
1,777 sales
Dec 2024
AED 2,384 per sq ft
2,092 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Can foreigners buy here?
The listing does not state the ownership type, so confirm the ownership terms with the developer before you book.
When is handover?
The listed date was September 2025, which has passed and may be out of date. Ask for the completion certificate and the current expected date.
How does the price compare?
The from price is about 37% below 1,120 similar one-bedroom sales in Dubai Maritime City (12 months to October 2026).
What are the payment steps in dirhams?
At the from price: about AED 320,300 on booking, AED 800,700 during construction and AED 480,400 at handover. Separately, the 4% DLD fee comes to about AED 64,060; ask when it is due.
Which apartment sizes are listed?
One bedroom at 797 sq ft, two bedrooms at 1,324 sq ft and three bedrooms at 2,045 sq ft.
