Compliance & specs
DLD-verifiableSemi-furnishedFully equipped kitchen with appliances. Living, dining, and bedrooms are bare.
About
Project general facts
Riva Residence is a beautifully designed development offering 1, 2, and 3 bedroom apartments that combine style, comfort, and functionality. Each home has been thoughtfully planned with spacious layouts, elegant interiors, and modern finishes that create a warm and inviting atmosphere. The project is presented as a perfect choice for those who value both luxury and convenience, blending sophistication with practical living.
The development is enriched with a wide range of amenities that enhance everyday life and bring resort-style comfort to residents. From a fully equipped gym and swimming pool to landscaped spaces and leisure areas, every detail is designed to promote relaxation and well-being. The project also offers secure parking, 24-hour security, and high-quality facilities that ensure peace of mind and effortless living.
Set within a desirable location, Riva Residence enjoys proximity to key destinations, offering both accessibility and a sense of tranquility. Its architecture blends modern elegance with timeless appeal, creating a striking presence. Residents will enjoy a vibrant yet peaceful setting, with the convenience of being close to shopping, dining, and leisure opportunities. Riva Residence offers a perfect balance of comfort, beauty, and practicality, making it an outstanding choice for modern living.
Finishing and materials
Modern finishing with high quality materials.
Kitchen and appliances
Equipped kitchen.
Location description and benefits
Dubai Maritime City is a dynamic and specialized community at the core of Dubai, dedicated to serving the maritime industry. As a comprehensive maritime hub, it offers a full spectrum of infrastructure, services, and facilities that support shipbuilding, maintenance, and a wide range of marine-related activities.
The area is purposefully designed to accommodate maritime businesses and professionals, featuring advanced shipyards, dry docks, and zones for maritime services and marine equipment suppliers. It also hosts educational and training institutions focused on the maritime field, creating a well-rounded ecosystem for industry growth and innovation.
Strategically located near Dubai’s key ports and transport networks, Dubai Maritime City provides excellent connectivity to international trade routes. This advantageous positioning ensures efficient logistics, easy access for businesses and residents, and strengthens its role as a vital link in the global maritime chain.
Available unit types
3 bedroom configurations
These thumbnails show sample layouts for each bedroom configuration. Actual unit sizes, orientations, and finishes vary across the 1 building — the developer's full floor-plan pack below covers every variant.
1 bedroom
958 – 1055 sqft
Range across 2 layout variants
2 bedrooms
1495 – 2067 sqft
Range across 4 layout variants
3 bedrooms
2011 – 3398 sqft
Range across 11 layout variants
Full floor-plan pack
Payment Plan 40/60Interest-free during construction
- 1.10%
On booking
- 2.30%
During construction
- 3.60%
Upon Handover
Payment Plan 30/70Interest-free during construction
- 1.30%
During construction
- 2.70%
Upon Handover
Calculate your payments
Pick a unit type or enter a custom price. We'll spread it across the plan's phases in AED + your selected currency, with plain-English timing labels. Download as a spreadsheet for your records.
| # | When | Step | % | Amount (AED) | Amount (USD) | Cumulative (USD) |
|---|---|---|---|---|---|---|
| 1 | Upon booking | Reservation | 10% | 254,000 | 69,164 | 69,164 |
| 2 | Across construction milestones | During construction | 30% | 762,000 | 207,493 | 276,657 |
| 3 | At handover | Upon Handover | 60% | 1,524,000 | 414,985 | 691,642 |
| Total | 100% | AED 2,540,000 | USD 691,642 | |||
Cash-flow shape: 40% during the construction period (10% upon booking, 30% across milestones), 60% at handover (handover).
0% interest during construction — no APR, no compounding.
Opens directly in Excel, Numbers, or Google Sheets.
More questions?100% free advisory
Our advisors walk you through the math, the trade-offs, and the post-handover options. You don't pay us — ever.
Amenities
5 features
Location
25.26566, 55.27012
About Maritime City
The project was launched in 2004 and work began on reclaiming the land to create the peninsula. From 2009 to 2011 the project was put on hold as a result of the global financial crisis, but work resumed in 2012. A year later Damac Properties announced plans to transform a plot of land on the seafront at Dubai Maritime City into a high-rise luxury tower of serviced hotel residences. In 2014 Deyaar announced plans to build a new beachfront project in Dubai Maritime City, and in 2015 Omniyat broke
Explore Maritime CityAbout Vakson Development
Established in 1970, Vakson Development is a diversified business organization with deep roots in the UAE and a legacy of over 50 years. Headquartered in Dubai, the company has earned a trusted reputation in real estate and beyond. It offers comprehensive services in real estate development and investment, property management, facility management, construction, brokerage, valuations, and consultancy. Its vision is to be the region’s most respected and sought-after real estate partner, recognized for unwavering integrity, visionary leadership, and meaningful contributions to national development. Its mission is to deliver strategic, high-quality real estate solutions that generate lasting value for investors, stakeholders, and communities, while elevating the everyday experiences of its customers.
Building details
1, 2 & 3 bedroom apartments
Parking allocation
| Unit type | Bedrooms | Spaces |
|---|---|---|
| Apartment | 3 | 2 |
| Apartment | 2 | 1 |
| Apartment | 1 | 1 |
Marketing brochure
Why Dubai off-plan
The macro case for buying off-plan in Dubai
These six pillars apply to every project on this site — not just this one. If you're new to the UAE market, they're the context you need before evaluating the specific unit above.
0% interest, ever
Off-plan payment plans are interest-free, end to end. Every instalment is at face value — no APR, no compounding, no balloon hidden in the back. Buyers from interest-bearing markets routinely underestimate how much this saves over a 3–5 year hold.
No income or capital-gains tax on property
Dubai charges no annual property tax, no income tax on rental yield, and no capital-gains tax on resale. The DLD 4% transfer fee is a one-time cost at registration — after that, your returns are yours.
20% usually opens the unit
Most off-plan plans book with a ~20% reservation deposit. You're under contract with the developer immediately, with the rest spread across construction milestones. The deposit is what unlocks the buy-side, not the full unit price.
Post-handover plans extend the runway
Many projects offer 2–4 years of post-handover instalments — meaning a chunk of the price gets paid AFTER you take keys. Once the unit is rented, that income can help cover the post-handover payments — rarely the full instalment, but enough to make the cash-flow comfortable rather than tight.
Golden Visa from AED 2M
A property purchase of AED 2M+ qualifies the buyer (and family) for the UAE Golden Visa — a 10-year renewable residency. The visa is the headline benefit; for many international buyers it's the actual reason to buy in Dubai.
Freehold ownership for foreigners
Across the 80+ freehold zones (Dubai Marina, Downtown, Palm Jumeirah, Business Bay, JVC, Dubai Hills, and the rest), foreigners own 100% of the asset and the land. There's no Emirati partner requirement, no lease structure — title deed in your name.
Price
from AED 2,540,000
≈ USD 691,642
Talk to a Casadior broker
