1602, Riva Residence
Sold prices and rental history: sold once, by the developer in July 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Riva Residence
What is 1602 worth today?
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Source: Dubai Land Department. Updated 7 July 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,047 sqft
- Floor
- 16th of 22
- Parking
- 2
- Developer
- Vakson First Property Development
- Last sold
- AED 4.25M · July 2025
- Building
- Riva Residence
About 1602, Riva Residence
1602 is a three-bedroom apartment of 2,047 sqft on the 16th floor of Riva Residence, a 22-storey tower in Dubai Maritime City by Vakson First Property Development . The developer sold it on 7 July 2025 for AED 4,250,000, or AED 2,075 per sqft, 5% below the AED 2,185 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the three-bed median of each year in the building.
3-beds in Riva Residence, and where 1602 sits
All 16 3-beds →1602 last sold in July 2025 at AED 2,075 per sqft, 5% below what three-beds in Riva Residence were fetching at the time (AED 2,185). Over the last 12 months three-beds sold for AED 4,900,000 to 6,700,000, around AED 2,302 per sqft, and rent for AED 200,000 to 200,000 a year.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jun 202613 June 2026 | 3,426 sqft | 6,700,000 | 1,955 | ||
| 17 Apr 202617 April 2026 | 2,335 sqft | 5,193,000 | 2,224 | ||
| 18 Mar 202618 March 2026 | 2,081 sqft | 4,995,000 | 2,400 | ||
| 20 Dec 202520 December 2025 | 2,126 sqft | 4,900,000 | 2,305 |
Riva Residence
Building111 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%
Other units on the 16th floor
All 111 units in Riva Residence1602, Riva Residence in numbers
- Sold once: by Vakson First Property Development on 7 July 2025 for AED 4,250,000, or AED 2,075 per sqft.
- Three-beds in Riva Residence sold for AED 4,900,000–6,700,000 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 7 July 2025.
Questions about 1602, Riva Residence
What did unit 1602 last sell for?
AED 4,250,000 on 7 July 2025, sold by the developer: AED 2,075 per sqft for 2,047 sqft. It is the only registered sale of the unit.
How big is unit 1602?
2,047 sqft (190.2 sqm): a three-bedroom apartment on the 16th floor of a 22-storey tower.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Riva Residence sold for AED 4,900,000 to 6,700,000 in the last 12 months, around AED 2,302 per sqft.
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Mortgage on 1602, Riva Residence
Starts from the last sale price (AED 4.25M, 7 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 4,250,000
- Deposit, UAE resident (20%)
- AED 850,000
- Deposit, non-resident (40%)
- AED 1,700,000
- Monthly over 25 years at 3.7%
- AED 17,388
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →