About Riva Residence
Riva Residence is a residential and retail tower by Vakson First Property Development, in Dubai Maritime City, Dubai. It rises 30 storeys (1 basement level, a ground floor, 4 podium levels and 25 floors), built as a concrete structure with internal and external finishes. The project comprises 156 homes.
Key information
Developer
Vakson First Property Development
- Handover
- TBC
- Status
- Handed over
- Location
- Dubai Maritime City, Dubai
- Master project
- Dubai Maritime City
- Construction started
- 2022
- Number of buildings
- 1
- Number of units
- 156
- Registered with DLD
- 14 May 2024
- Escrow bank
- United Bank Limited
- Escrow account no.
- 200791304
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2022
- Handed overCompleted
Construction progress
38 inspection photos from the Dubai Land Department. Latest 22 Dec 2025 at 100% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
4 Elevators
31 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
114
Median price
AED 2.6M
Median price / sqft
AED 2K+14%
Off-plan share
94%
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 54 | 900 sqft | AED 1.8M | AED 2K |
| 2 Bed | 44 | 1,403 sqft | AED 2.9M | AED 2K |
| 3 Bed | 16 | 2,230 sqft | AED 4.8M | AED 2K |
Price per sqft by year
+14% since 2024AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 24 Jul 2026 | Resale | 406 sqft | AED 1.0M | AED 2K |
| 15 Jun 2026 | Resale | 3,426 sqft | AED 6.7M | AED 2K |
| 20 Apr 2026 | Resale | 1,555 sqft | AED 3.7M | AED 2K |
| 20 Apr 2026 | Resale | 2,335 sqft | AED 5.2M | AED 2K |
| 18 Mar 2026 | Resale | 2,081 sqft | AED 5.0M | AED 2K |
| 09 Mar 2026 | Resale | 1,548 sqft | AED 3.9M | AED 3K |
| 24 Feb 2026 | Resale | 1,555 sqft | AED 3.4M | AED 2K |
| 22 Dec 2025 | Off-plan | 2,126 sqft | AED 4.9M | AED 2K |
Unit mix
155 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 3 | - |
| 1 B/R | 60 | 811 - 1,736 sqft |
| 2 B/R | 52 | 1,337 - 3,187 sqft |
| 3 B/R | 40 | 1,911 - 3,426 sqft |
Payment plan
Payment plans are set by Vakson First and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Dubai Maritime City, Dubai.
Riva Residence
Dubai, United Arab Emirates
Frequently asked questions
Riva Residence has already been handed over, according to Dubai Land Department records.