Project · #1518 by 12M value
Riva Residence
Dubai Maritime City · Vakson Group - Vakson First Property Development
Market bulletin · Thu, 22 Oct 2026
Riva Residence: 1 sales worth AED 1.45M in 30 days
Riva Residence recorded 1 sale worth AED 1.45M in the 30 days to Thu, 22 Oct 2026. Over the last week 1 sale was registered (AED 1.45M), against 0 the week before.
By market over 12 months: developer off-plan sales 41.7%, secondary (ready) sales 58.3%.
In Dubai Maritime City, Riva Residence ranked #11 of 11 leading projects by 12-month sales value; it is developed by Vakson Group - Vakson First Property Development. Its first registered sale was on 30 May 2024.
Leases registered in the last three months had a median annual rent of AED 83K.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | AED 2,000 |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | AED 2,007 |
| Jun 25 | — |
| May 25 | AED 2,050 |
| Apr 25 | AED 2,062 |
| Mar 25 | AED 2,002 |
| Feb 25 | — |
| Jan 25 | AED 2,001 |
| Dec 24 | AED 2,000 |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 2 |
| Mar 26 | 0 | 0 | 2 |
| Feb 26 | 0 | 0 | 0 |
| Jan 26 | 0 | 0 | 0 |
| Dec 25 | 1 | 0 | 0 |
| Nov 25 | 2 | 0 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 1 | — | AED 1.45M | — | — |
| Last 3 months | 1 | down 50.0% | AED 1.45M | — | — |
| Last 6 months | 3 | down 62.5% | AED 9.15M | — | — |
| Last 12 months | 12 | down 85.4% | AED 42.6M | 2,265 | up 10.6% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan (developer) | 5 | 42% | AED 2.17M | 2,000 | down 2.4% |
| Secondary (ready) | 7 | 58% | AED 3.90M | 2,354 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 5 | 42% | AED 1.82M | 1,999 | down 0.1% |
| 2 bedrooms | 2 | 17% | — | — | — |
| 3 bedrooms | 5 | 42% | AED 5.00M | 2,305 | up 3.8% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 4 | 33% | — | — | — |
| AED 2M–10M | 8 | 67% | AED 4.90M | 2,305 | up 11.1% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | — |
| Sept 26 | AED 82K |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
- Leases (12M)
- 35
- New leases
- 100%
- Median rent 3M
- AED 83K
- Rent/sqft 3M
- AED 84
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 16 | AED 75K | AED 75K | 82 |
| 2 BR | 13 | AED 120K | AED 120K | 90 |
Competing projects in Dubai Maritime City
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Breez by DanubeDanube Properties | 738 | 3,655 | up 4.9% |
| Franck Muller Yachting by London GateLondon Gate Real Estate Development | 530 | 2,606 | — |
| SouleverTower 2 - Jumeirah PeninsulaOmniyat Properties | 194 | 3,746 | — |
| Kanyon by Beyond - Canyon by BeyondOmniyat Properties | 259 | 2,924 | — |
| Chelsea 2 Tower CDamac Properties | 181 | 3,219 | — |
| Talea by BeyondBeyond Developments | 74 | 3,016 | — |
| The Mural by BeyondBeyond Developments | 14 | 5,118 | — |
| Chelsea 2 Tower BDamac Properties | 46 | 3,202 | — |
| Chelsea Residences ADamac Properties | 35 | 2,969 | — |
| Chelsea Residences BDamac Properties | 28 | 3,022 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.45M | 1 BR Apartment · 811 sqftRiva Residence · Dubai Maritime City | 16 Oct |
Questions about Riva Residence
How many properties were sold in Riva Residence in the last year?
12 sales worth AED 42.6M were registered in the last 12 months: 42% developer off-plan, 0% off-plan resales and 58% secondary (ready) sales.
What is the average rent in Riva Residence?
The median annual rent on leases registered in the last three months was AED 83K.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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