Riva Residence — project image
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Riva Residence

From AED 2.54M·Completed Feb 2026·40% down payment Payment
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AED 2.54M
Starting Price
Feb 2026
Handover
40% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Riva Residence is a sophisticated complex by the developer Vakson First Property Development, in the heart of Dubai Maritime City. A structure consists of one ground floor, four podium floors, and twenty-five residential floors. This superb modern residential building by the sea is the perfect combination of elegance and luxury, leisure and productivity. Here you will find luxury apartments with 1, 2 and 3 bedrooms that offer spectacular views of the Persian Gulf. Each room exudes sophistication — spacious layouts with a carefully selected color palette and a simple white aesthetic of the ceilings are in harmony with large windows that fill each room with sunlight. Riva Residence offers residents a wide range of different amenities, including: an infinity pool with views of the Burj Khalifa, a children's pool, a children's playground, a gym, a spacious clubhouse, a well-equipped business center, a spa center, parking and many others. The complex has a great location just 10 minutes from Sheikh Zayed Road, 15 minutes from here to Dubai International Airport, 20 minutes to Downtown Dubai and Burj Khalifa. Also in the immediate vicinity are schools, supermarkets, medical, entertainment centers and everything else that is necessary for a comfortable life.

Project Specifications
DeveloperVakson First Property Development
LocationDubai Maritime City
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaDubai Maritime City
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 109,601 / year
Cash-on-Cash
2.2%
Levered cashflow AED 25,781
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.17M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Vakson First Property Development.

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Payment Structure

40% down payment

Published payment summary

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Amenities & Lifestyle

Children’s pool
Conference room
Infinity pool
Kids Play Area
Lift
SPA
Shared gym
Social zone

Location

Riva Residence location map
Project location

Nearby Destinations

Dubai Maritime City

Developer and Project Facts

01

Riva Residence by Vakson First Property Development

02

Located in Dubai Maritime City

03

Starting from AED 2,540,000

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Feb 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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