Riwa
Off-Plan

Riwa

From AED 2.70M·Handover Aug 2027·Accepted payment methods: bank_check, bank_transfer Payment
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AED 2.70M
Starting Price
Aug 2027
Handover
Accepted payment methods: bank_check, bank_transfer
Payment Plan
1 BR · Apartments
Type

Project Overview

Riwa is an ultra-modern luxury project by Meraas. Surrounded by lush green landscapes, the three buildings form a remarkable addition to one of Dubai’s most exclusive neighborhoods. Each building consists of a basement level, a ground floor, ten residential floors, and a roof. Featuring a contemporary architectural style, the development offers bright, sophisticated and spacious 1, 2 and 3-bedroom living spaces, as well as a 4-bedroom penthouse. Riwa is located in a green area that not only adds a special charm to the landscape, but also offers various amenities for residents of all ages. The bridge to Madinat Jumeirah provides easy access to the historic site and 24-hour security ensures safety. A swimming pool, gym and fitness centers allow you to stay in shape. Park areas and public spaces create a cozy atmosphere for strolling and relaxing. Playgrounds are provided for children. Located between Al Wasl and Jumeirah Beach Roads, Riwa boasts a central location surrounded by iconic views of the Burj Al Arab. The residences provide easy access to luxury shopping, gourmet restaurants, recreational facilities and entertainment. The complex is located just a 5-minute drive from the Mall of Emirates, a 10-minute drive to Palm Jumeirah, a 15-minute drive to Bluewaters Island, and the Dubai Mall is approximately 17 minutes away.

Project Specifications
DeveloperMeraas Developer
LocationMJL (Madinat Jumeirah Living)
Unit Types1 BR, Apartments
AreaMJL (Madinat Jumeirah Living)
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 116,505 / year
Cash-on-Cash
2.2%
Levered cashflow AED 27,405
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 175,500 / 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
Riwa launch basis3,000AED 2.70MCurrent launch / asking basis
MJL (Madinat Jumeirah Living) ready-stock comps1,500AED 1.35MIndicative resale benchmark
MJL (Madinat Jumeirah Living) 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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Astraterra Properties

Official Documents

Download official marketing materials from Meraas Developer.

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Payment Structure

Accepted payment methods: bank_check, bank_transfer

Flexible Payment

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Floor Plans

Riwa — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Central A/C
Dining outlets (coffee houses & restaurants)
Kids Play Area
Retail outlets
Security and CCTV
Shared gym & fitness

Location

MJL (Madinat Jumeirah Living)

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
MJL (Madinat Jumeirah Living)MJL (Madinat Jumeirah Living)Dubai, UAE

Developer Track Record

01

Riwa by Meraas Developer

02

Located in MJL (Madinat Jumeirah Living)

03

Starting from AED 2,700,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Aug 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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