2-bed · 1,555 sqftRiva Residence, Dubai Maritime City · 12th floor

1204, Riva Residence

Sold prices and rental history: sold once, by the developer in April 2026, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 3.66M20 April 2026
Current rentAED 120K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Riva Residence

What is 1204 worth today?

Last sold for AED 3,660,000 in 2026

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10 Jul 2026RentedNew contract
AED 120,000/yr12 months · AED 77 per sqft
20 Apr 2026Sold by developerReady
AED 3,660,000AED 2,353 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
2-bed apartment
Size
1,555 sqft
Floor
12th of 22
Parking
P3-166
Developer
Vakson First Property Development
Last sold
AED 3.66M · April 2026

About 1204, Riva Residence

1204 is a two-bedroom apartment of 1,555 sqft on the 12th floor of Riva Residence, a 22-storey tower in Dubai Maritime City by Vakson First Property Development . The developer sold it on 20 April 2026 for AED 3,660,000, or AED 2,353 per sqft, 15% above the AED 2,050 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 July 2026. The current contract, signed on 10 July 2026, is AED 120,000 a year: a gross yield of 3.3% on the 2026 price.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical two-bed in Riva Residence
3M3.5M2024202520262027Typical sale price by year: 2024 AED 2,909,000; 2025 AED 2,780,000; 2026 AED 3,660,000Sold by developer, April 2026: AED 3,660,000 (AED 2,353 per sqft)

1204 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Riva Residence, and where 1204 sits

All 43 2-beds →

1204 last sold in April 2026 at AED 2,353 per sqft, 15% above what two-beds in Riva Residence were fetching at the time (AED 2,050). Over the last 12 months two-beds sold for AED 3,350,000 to 3,900,000, around AED 2,353 per sqft, and rent for AED 110,000 to 135,000 a year. 1204's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Mar 20263,900,000
24 Feb 20263,350,000
29 Aug 20253,140,000
25 Aug 20252,753,000
3 2-bed sales in the last 12 months

Riva Residence

Building

111 apartments, 1-bed to 3-bed over 22 floors in Dubai Maritime City by Vakson First Property Development . 11 sold in the last 12 months.

Typical price per sqft
AED 2,302 Up 13.2%
Typical sale
AED 3.9M
Typical rent
AED 82K /yr
Typical yield
3.7%
Riva Residence, Dubai Maritime City: prices, sales and rents →

Other units on the 12th floor

All 111 units in Riva Residence
Value
12032-bedAED 2.77M · Jan 2025
12062-bedAED 2.78M · Jan 2025

1204, Riva Residence in numbers

  • Sold once: by Vakson First Property Development on 20 April 2026 for AED 3,660,000, or AED 2,353 per sqft.
  • Rented since July 2026 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2026 price is 3.3%.
  • Two-beds in Riva Residence sold for AED 3,350,000–3,900,000 in the 12 months to November 2026; the building's median across all types is AED 2,302 per sqft.

Source: Dubai Land Department. Updated 10 July 2026.

Questions about 1204, Riva Residence

What did unit 1204 last sell for?

AED 3,660,000 on 20 April 2026, sold by the developer: AED 2,353 per sqft for 1,555 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 120,000 a year on the contract signed on 10 July 2026.

How big is unit 1204?

1,555 sqft (144.5 sqm): a two-bedroom apartment on the 12th floor of a 22-storey tower.

What is unit 1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Riva Residence sold for AED 3,350,000 to 3,900,000 in the last 12 months, around AED 2,353 per sqft.

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Mortgage on 1204, Riva Residence

Starts from the last sale price (AED 3.66M, 20 April 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,660,000
Deposit, UAE resident (20%)
AED 732,000
Deposit, non-resident (40%)
AED 1,464,000
Monthly over 25 years at 3.7%
AED 14,974

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →