501, Riva Residence
Sold prices and rental history: sold once, by the developer in July 2024, 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 501, Riva Residence
What is 501 worth today?
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Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 801 sqft
- Floor
- 5th of 22
- Parking
- 1
- Developer
- Vakson First Property Development
- Last sold
- AED 1.6M · July 2024
- Building
- Riva Residence
About 501, Riva Residence
501 is a one-bedroom apartment of 801 sqft on the 5th floor of Riva Residence, a 22-storey tower in Dubai Maritime City by Vakson First Property Development . The developer sold it on 1 July 2024 for AED 1,602,000, or AED 2,000 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 501 over time
501 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Riva Residence, and where 501 sits
All 52 1-beds →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.
| 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 5th floor
All 111 units in Riva Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 1,322 sqft | AED 2.91MAED 2,909,000 · Nov 2024November 2024 | ||
| 503 | 2-bed | 1,322 sqft | AED 2.98MAED 2,975,000 · Dec 2024December 2024 | ||
| 504 | 1-bed | 801 sqft | AED 1.6MAED 1,602,000 · Sep 2024September 2024 | ||
| 505 | 1-bed | 948 sqft | AED 1.9MAED 1,896,000 · Sep 2024September 2024 | ||
| 506 | 1-bed | 903 sqft | AED 1.73MAED 1,725,700 · Jan 2025January 2025 | 80,000 /yr | |
| 507 | 1-bed | 958 sqft | AED 1.92MAED 1,916,000 · Oct 2025October 2025 | ||
| 508 | 1-bed | 956 sqft | AED 1.92MAED 1,916,000 · Jul 2025July 2025 | 70,000 /yr | |
| 509 | 1-bed | 903 sqft | AED 1.81MAED 1,805,000 · Jun 2025June 2025 | ||
| 510 | 1-bed | 950 sqft | AED 2.2MAED 2,201,600 · Oct 2025October 2025 | 75,000 /yr |
501, Riva Residence in numbers
- Sold once: by Vakson First Property Development on 1 July 2024 for AED 1,602,000, or AED 2,000 per sqft.
- 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 1 July 2024.
Questions about 501, Riva Residence
What did unit 501 last sell for?
AED 1,602,000 on 1 July 2024, sold by the developer: AED 2,000 per sqft for 801 sqft. It is the only registered sale of the unit.
How big is unit 501?
801 sqft (74.4 sqm): a one-bedroom apartment on the 5th floor of a 22-storey tower.
What is unit 501 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 501, Riva Residence
Starts from the last sale price (AED 1.6M, 1 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,602,000
- Deposit, UAE resident (20%)
- AED 320,400
- Deposit, non-resident (40%)
- AED 640,800
- Monthly over 25 years at 3.7%
- AED 6,554
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →