New homes in Riwa at MJL start at AED 2,350,000; keys are due Aug 2027; you pay 20% to book, 55% while it is built and 25% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 95 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Um Suqaim Third. Their median price is AED 2,871 per sq ft (about AED 2,079,000 at 724 sq ft). This project's from price is AED 3,246 per sq ft (AED 2,350,000 for its smallest home, 724 sq ft), 13% more.
Keys
Aug 2027
The developer's handover date
Payment plan
20 / 55 / 25
20% to book, 55% while it is built, 25% at the keys
Bedrooms
1 to 4 beds
Sizes
724 to 4,390 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 3,246 per sq ft
Similar off-plan homes: AED 2,871 per sq ft
We couldn't match this project to the Dubai Land Department project register yet. Ask us for its RERA project number.
Paying for it
You pay 20% when you book, 55% as the building goes up, and 25% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
20%
AED 470,000
Feb 2027
While it is built
27.5%
AED 646,250
May 2027
While it is built
27.5%
AED 646,250
Aug 2027
Keys
25%
AED 587,500
Booking payment, 20%
AED 470,000
Dubai Land Department fee (Oqood), 4%
AED 94,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 564,000
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
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.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
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 Meraas 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 95 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Um Suqaim Third, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
We compare with off-plan sales across Um Suqaim Third, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 95 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Um Suqaim Third, 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 2,871 per sq ft
AED 2,440 to AED 2,778 per sq ft
36 sales
AED 2,778 to AED 3,116 per sq ft
20 sales
AED 3,116 to AED 3,454 per sq ft
16 sales
This project's from price is in this band.
AED 3,454 to AED 3,792 per sq ft
12 sales
AED 3,792 to AED 4,129 per sq ft
0 sales
AED 4,129 to AED 4,467 per sq ft
1 sale
AED 4,467 to AED 4,805 per sq ft
4 sales
AED 4,805 to AED 5,143 per sq ft
6 sales
AED 2,440 per sq ftAED 5,143 per sq ft
This project AED 3,246 per sq ft
Half of the sales sold for AED 2,691 to AED 3,443 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 2,440 to AED 2,778 per sq ft
36
AED 2,778 to AED 3,116 per sq ft
20
AED 3,116 to AED 3,454 per sq ft
16
AED 3,454 to AED 3,792 per sq ft
12
AED 3,792 to AED 4,129 per sq ft
0
AED 4,129 to AED 4,467 per sq ft
1
AED 4,467 to AED 4,805 per sq ft
4
AED 4,805 to AED 5,143 per sq ft
6
The 3 closest sales
Picked from the 95 similar sales above, closest in size to this project's smallest home.
Jan 2026AED 2,533,000AED 3,512 per sq ftElara 3, 721 sq ft
Nov 2025AED 2,681,000AED 3,718 per sq ftElara 3, 721 sq ft
Apr 2026AED 1,870,000AED 2,569 per sq ftLamaa 4, 728 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 Umm Suqeim 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 2,350,000 here
Off-plan medianAED 2,420,000AED 2,869 per sq ft
Sales113
13% above 95 similar sales
2-bed apartment
Off-plan medianAED 3,733,000AED 2,724 per sq ft
Sales132
3-bed apartment
Off-plan medianAED 6,411,000AED 2,925 per sq ft
Sales60
4-bed apartment
Off-plan medianToo few sales for a median
Sales3
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
5.5%
Typical for similar ready homes
5.8%
Median rent of 1-bed apartments in Umm Suqeim
AED 130,000 a year
Rent contracts counted
236
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 130,000 a year
2-bed apartment
AED 215,125 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 130,000 ÷ AED 2,350,000 = 5.5%. 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
Mall of the Emirates Metro Station2.1 km, 4 min driveMetro station
Umm Suqeim beach, by the Burj Al Arab300 m, 9 min walkBeach
The Emirates Academy Of Hospitality Management200 m, 6 min walkSchool
Kings' Dubai750 m, 15 min walkBritish school
Al Ittihad Private School7.2 km, 12 min driveAmerican school
Raffles World Academy900 m, 18 min walkIB school
GEMS New Millenium School7 km, 16 min driveIndian school
Riwa at MJL is a Meraas project in Umm Suqeim with apartments of one to three bedrooms plus four-bedroom penthouses from AED 2,350,000, and handover listed for August 2027. The beach by the Burj Al Arab is about 280 m away on the map, and the from price per square foot is about 13% above 95 similar one-bedroom off-plan sales in Um Suqaim Third.
Riwa belongs to Madinat Jumeirah Living and lies between Jumeirah Beach Road and Al Wasl. Umm Suqeim beach, by the Burj Al Arab, is about 280 m away and a clinic about 390 m. Kings' Dubai is about 740 m away and Raffles World Academy about 890 m. Mall of the Emirates Metro Station is about 2.1 km away, around 4 minutes by car by our estimate, and Dubai Internet City about 11 minutes.
The price check uses sales across Um Suqaim Third, not in this project. It puts the from price per square foot about 13% above the median of 95 similar one-bedroom off-plan sales registered with the Dubai Land Department there in the 12 months to October 2026. Ask for the price per square foot of the exact unit you are offered.
The plan is 20% on booking, 55% during construction and 25% at handover, listed for August 2027, about nine months away. At the from price that is AED 470,000 on booking, AED 1,292,500 during construction and AED 587,500 at handover. Ask when the 55% construction payment falls due. Separately, the 4% DLD fee comes to AED 94,000; ask when it is due.
The listing gives one-bedroom apartments of 877 sq ft, two-bedroom of 1,447 sq ft, three-bedroom of 2,402 sq ft and four-bedroom penthouses of 4,390 sq ft. The overall range starts at 724 sq ft, so check the floor plans. It mentions a pool and landscaped gardens but gives no full list of facilities, so ask for one. The listing doesn't give the ownership type, so confirm the ownership terms with the developer.
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
4 BR
How prices moved
Median price of 1-bed apartments in Umm Suqeim, over the 12 months to each dateDown 12% from Dec 2024 to Sep 2026.
Dec 2024AED 3,243 per sq ft
Sep 2026AED 2,869 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 2,869 per sq ft
113 sales
Jun 2026
AED 2,831 per sq ft
122 sales
Mar 2026
AED 2,769 per sq ft
131 sales
Dec 2025
AED 2,625 per sq ft
69 sales
Sep 2025
AED 2,675 per sq ft
85 sales
Jun 2025
AED 2,849 per sq ft
141 sales
Mar 2025
AED 3,174 per sq ft
187 sales
Dec 2024
AED 3,243 per sq ft
265 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Which company builds Riwa at MJL?
Meraas. It belongs to Madinat Jumeirah Living, in Umm Suqeim.
Can foreigners buy here?
The listing doesn't give the ownership type, so confirm the ownership terms with the developer.
How close is the beach?
Umm Suqeim beach, by the Burj Al Arab, is about 280 m away on the map.
How does the price compare with recent sales?
The price check puts the from price per square foot about 13% above the median of 95 similar one-bedroom off-plan sales in Um Suqaim Third over the 12 months to October 2026.
When is handover?
The listed handover is August 2027, about nine months away. Ask for a construction update before you book.
How far is the metro?
Mall of the Emirates Metro Station is about 2.1 km away on the map, around 4 minutes by car.