503, Riva Residence
Sold prices and rental history: sold once, by the developer in December 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 503, Riva Residence
What is 503 worth today?
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Source: Dubai Land Department. Updated 17 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,322 sqft
- Floor
- 5th of 22
- Parking
- 1
- Developer
- Vakson First Property Development
- Last sold
- AED 2.98M · December 2024
- Building
- Riva Residence
About 503, Riva Residence
503 is a two-bedroom apartment of 1,322 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 17 December 2024 for AED 2,975,000, or AED 2,249 per sqft, in line with the AED 2,199 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 503 over time
503 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Riva Residence, and where 503 sits
All 43 2-beds →503 last sold in December 2024 at AED 2,249 per sqft, in line with what two-beds in Riva Residence were fetching at the time (AED 2,199). 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 5th floor
All 111 units in Riva Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 801 sqft | AED 1.6MAED 1,602,000 · Jul 2024July 2024 | ||
| 502 | 2-bed | 1,322 sqft | AED 2.91MAED 2,909,000 · Nov 2024November 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 |
503, Riva Residence in numbers
- Sold once: by Vakson First Property Development on 17 December 2024 for AED 2,975,000, or AED 2,249 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 17 December 2024.
Questions about 503, Riva Residence
What did unit 503 last sell for?
AED 2,975,000 on 17 December 2024, sold by the developer: AED 2,249 per sqft for 1,322 sqft. It is the only registered sale of the unit.
How big is unit 503?
1,322 sqft (122.8 sqm): a two-bedroom apartment on the 5th floor of a 22-storey tower.
What is unit 503 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 503, Riva Residence
Starts from the last sale price (AED 2.98M, 17 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,975,000
- Deposit, UAE resident (20%)
- AED 595,000
- Deposit, non-resident (40%)
- AED 1,190,000
- Monthly over 25 years at 3.7%
- AED 12,172
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →