Riviera Residences Tower 1 — project image
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
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 103,560 / year
Cash-on-Cash
2.2%
Levered cashflow AED 24,360
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.10M / 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 Mered.

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Payment Structure

10% down payment

Published payment summary

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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

Riviera Residences Tower 1 location map
Project location

Nearby Destinations

Reem Island

Developer and Project Facts

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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RERA Registered
Qualified Buyer Flow
Property Enquiries

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

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