
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.
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.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Riwa launch basis | 3,000 | AED 2.70M | Current launch / asking basis |
| MJL (Madinat Jumeirah Living) ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| MJL (Madinat Jumeirah Living) premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |

















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Astraterra Properties
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MJL (Madinat Jumeirah Living)
Riwa by Meraas Developer
Located in MJL (Madinat Jumeirah Living)
Starting from AED 2,700,000
Unit mix includes 1 BR, Apartments
Expected handover: Aug 2027
Official brochure and PDF marketing materials available
Official render/gallery images available
High-ticket buyer routing · Branded / luxury filtering · Serious capital only
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence, trophy-level, or discreet high-ticket stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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