1603, Riva Residence
Sold prices and rental history: sold once, by the developer in March 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 1603, Riva Residence
What is 1603 worth today?
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Source: Dubai Land Department. Updated 4 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,515 sqft
- Floor
- 16th of 22
- Parking
- 1
- Developer
- Vakson First Property Development
- Last sold
- AED 2.88M · March 2025
- Building
- Riva Residence
About 1603, Riva Residence
1603 is a two-bedroom apartment of 1,515 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 4 March 2025 for AED 2,880,000, or AED 1,900 per sqft, 8% below the AED 2,074 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1603 over time
1603 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Riva Residence, and where 1603 sits
All 43 2-beds →1603 last sold in March 2025 at AED 1,900 per sqft, 8% below what two-beds in Riva Residence were fetching at the time (AED 2,074). 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.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Apr 202620 April 2026 | 1,555 sqft | 3,660,000 | 2,353 | ||
| 7 Mar 20267 March 2026 | 1,548 sqft | 3,900,000 | 2,519 | ||
| 24 Feb 202624 February 2026 | 1,555 sqft | 3,350,000 | 2,154 | ||
| 29 Aug 202529 August 2025 | 1,494 sqft | 3,140,000 | 2,101 |
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 Residence1603, Riva Residence in numbers
- Sold once: by Vakson First Property Development on 4 March 2025 for AED 2,880,000, or AED 1,900 per sqft.
- 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 4 March 2025.
Questions about 1603, Riva Residence
What did unit 1603 last sell for?
AED 2,880,000 on 4 March 2025, sold by the developer: AED 1,900 per sqft for 1,515 sqft. It is the only registered sale of the unit.
How big is unit 1603?
1,515 sqft (140.7 sqm): a two-bedroom apartment on the 16th floor of a 22-storey tower.
What is unit 1603 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 1603, Riva Residence
Starts from the last sale price (AED 2.88M, 4 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,880,000
- Deposit, UAE resident (20%)
- AED 576,000
- Deposit, non-resident (40%)
- AED 1,152,000
- Monthly over 25 years at 3.7%
- AED 11,783
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →