407, Riva Residence
Sold prices and rental history: sold once, by the developer in March 2025, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Riva Residence
What is 407 worth today?
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Source: Dubai Land Department. Updated 20 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 958 sqft
- Floor
- 4th of 22
- Parking
- 1
- Developer
- Vakson First Property Development
- Last sold
- AED 2M · March 2025
- Building
- Riva Residence
About 407, Riva Residence
407 is a one-bedroom apartment of 958 sqft on the 4th floor of Riva Residence, a 22-storey tower in Dubai Maritime City by Vakson First Property Development . The developer sold it on 13 March 2025 for AED 2,000,000, or AED 2,087 per sqft, 4% above the AED 2,000 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 September 2026. The current contract, signed on 20 September 2026, is AED 80,000 a year: a gross yield of 4.0% on the 2025 price.
Sales and rents for 407 over time
407 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Riva Residence, and where 407 sits
All 52 1-beds →407 last sold in March 2025 at AED 2,087 per sqft, 4% above what one-beds in Riva Residence were fetching at the time (AED 2,000). Over the last 12 months one-beds sold for AED 1,000,000 to 1,900,000, around AED 2,067 per sqft, and rent for AED 65,000 to 85,000 a year. 407's AED 80,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 811 sqft | 1,450,000 | 1,787 | ||
| 2 Oct 20262 October 2026 | 919 sqft | 1,900,000 | 2,067 | ||
| 23 Jul 202623 July 2026 | 406 sqft | 1,000,000 | 2,464 | ||
| 4 Nov 20254 November 2025 | 1,083 sqft | 2,166,000 | 1,999 |
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 4th floor
All 111 units in Riva Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 811 sqft | AED 1.45MAED 1,450,000 · Oct 2026October 2026 | ||
| 402 | 2-bed | 1,322 sqft | AED 2.91MAED 2,909,000 · Jun 2024June 2024 | 120,000 /yr | |
| 403 | 2-bed | 1,322 sqft | AED 2.91MAED 2,909,000 · Jul 2024July 2024 | 120,000 /yr | |
| 404 | 1-bed | 811 sqft | AED 1.6MAED 1,602,000 · Sep 2024September 2024 | ||
| 405 | 1-bed | 948 sqft | AED 2MAED 2,000,000 · Oct 2024October 2024 | ||
| 406 | 1-bed | 903 sqft | AED 1.8MAED 1,800,000 · Jan 2025January 2025 | 80,000 /yr | |
| 408 | 1-bed | 1,083 sqft | AED 2.17MAED 2,166,000 · Sep 2025September 2025 | 80,000 /yr | |
| 409 | 1-bed | 956 sqft | AED 1.91MAED 1,912,000 · Jul 2025July 2025 | ||
| 410 | 1-bed | 903 sqft | AED 1.81MAED 1,806,000 · Jan 2025January 2025 | ||
| 411 | 1-bed | 950 sqft | AED 1.9MAED 1,901,000 · Oct 2024October 2024 |
407, Riva Residence in numbers
- Sold once: by Vakson First Property Development on 13 March 2025 for AED 2,000,000, or AED 2,087 per sqft.
- Rented since September 2026 on one Ejari contract, at AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2025 price is 4.0%.
- One-beds in Riva Residence sold for AED 1,000,000–1,900,000 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 20 September 2026.
Questions about 407, Riva Residence
What did unit 407 last sell for?
AED 2,000,000 on 13 March 2025, sold by the developer: AED 2,087 per sqft for 958 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 80,000 a year on the contract signed on 20 September 2026.
How big is unit 407?
958 sqft (89.0 sqm): a one-bedroom apartment on the 4th floor of a 22-storey tower.
What is unit 407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Riva Residence sold for AED 1,000,000 to 1,900,000 in the last 12 months, around AED 2,067 per sqft.
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Mortgage on 407, Riva Residence
Starts from the last sale price (AED 2M, 13 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →