Riviera Residences Tower 1
Off-Plan

Riviera Residences Tower 1

From AED 2.40M·Handover Mar 2029·10% down payment Payment
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AED 2.40M
Starting Price
Mar 2029
Handover
10% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Riviera Residences Tower 1 is the first phase of the prestigious coastal residential complex on Al Reem Island in Abu Dhabi from the developer Mered, which is one of the two towers of the complex. The facade of the building stands out for its innovative design with wavy lines and spectacular finishes made of iridescent materials. The building has an impressive ground floor, combining buildings of different heights with a number of floors from 27 to 35. The residences are offered in various configurations: apartments with 1-3 bedrooms, duplexes, penthouses and villas with a number of bedrooms from 3 to 4. The complex offers a wide range of amenities: pools, including a children's pool, indoor and outdoor gyms, crossfit and yoga areas; a spa center, indoor and outdoor cinemas. Residents have access to private beaches and a marina with places for yachts, an embankment with a promenade, restaurants, cafes and boutiques. The complex is perfectly located. 5-15 minutes away — beaches, Reem Mall, The Galleria, Sorbonne University; 20 minutes away — Yas Island (Ferrari World, Warner Bros.World). Abu Dhabi International Airport is half an hour away, and Dubai is about 1 hour away by highway. For sale: 1 BR - from 2 700 000 AED / 933.55 sq. ft. 2 BR - from 3 200 000 AED / 1 188.01 sq. ft. 3 BR - from 4 900 000 AED / 2 358.91 sq. ft.

Project Specifications
DeveloperMered
LocationReem Island
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaReem Island
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 103,560 / year
Cash-on-Cash
2.2%
Levered cashflow AED 24,360
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 156,000 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Riviera Residences Tower 1 launch basis2,667AED 2.40MCurrent launch / asking basis
Reem Island ready-stock comps1,500AED 1.35MIndicative resale benchmark
Reem Island premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Riviera Residences Tower 1 official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Mered.

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Enter your details to access brochures, floor plans & payment schedules

Payment Structure

10% down payment

Flexible Payment

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Floor Plans

Riviera Residences Tower 1 — 1 Bedroom Floor Plan

Amenities & Lifestyle

Adults Pool
Arctic Pool
Bar
Basketball court
Beach Access
Beach Club
Beach Volleyball
Children’s pool
Club house
Community Lawn
Concierge Service
Conference room
Covered Kids Play Area
Covered Parking
Covered Theater
Covered gym
Crossfit zone
Dining outlets (coffee houses & restaurants)
Event Lawns
Fitness Zone
Football field
Indoor Yoga
Jogging tracks
Kids Club
Kids Play Area
Lagoon
Landscape Open Areas
Landscaped garden
Landscaped park
Lavish Sundeck
Leisure areas
Lift
Lobby
Lounge
Meditation Garden
Meditation zone
Meeting Room
Multipurpose Sports Courts
Open Kids Play Area
Open air gym
Outdoor Multipurpose Space
Outdoor Yoga
Outdoor cinema
Owners Lounge
Paddle court
Picnic Area
Pool Deck
Pool Lounge
Private Lounge
Private pool
Recreational areas
Resting Areas
Retail outlets
Roof Gardens
SPA
Sauna
Security and CCTV
Shared Jacuzzi
Shared Pool
Shared gym
Shared gym & fitness
Sitting Area
Sky Garden
Smart home
Social zone
Sports ground
Steam
Table Tennis
Tennis court
Terrace Garden
Walking paths
Yoga Area

Location

Reem Island

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Reem IslandReem IslandDubai, UAE

Developer Track Record

01

Riviera Residences Tower 1 by Mered

02

Located in Reem Island

03

Starting from AED 2,400,000

04

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

05

Expected handover: Mar 2029

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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