1-bed · 801 sqftRiva Residence, Dubai Maritime City · 5th floor

504, Riva Residence

Sold prices and rental history: sold once, by the developer in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.6M1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Riva Residence

What is 504 worth today?

Last sold for AED 1,602,000 in 2024

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1 Sep 2024Sold by developerOff-plan
AED 1,602,000AED 2,000 per sqft

Source: Dubai Land Department. Updated 1 September 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 · September 2024

About 504, Riva Residence

504 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 September 2024 for AED 1,602,000, or AED 2,000 per sqft, in line with the AED 2,000 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in Riva Residence
1.5M1.75M2024202520262027Typical sale price by year: 2024 AED 1,602,000; 2025 AED 1,912,000; 2026 AED 1,450,000Sold by developer, September 2024: AED 1,602,000 (AED 2,000 per sqft)

504 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Riva Residence, and where 504 sits

All 52 1-beds →

504 last sold in September 2024 at AED 2,000 per sqft, in line with 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.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Oct 20261,450,000
2 Oct 20261,900,000
23 Jul 20261,000,000
4 Nov 20252,166,000
3 1-bed sales in the last 12 months

Riva Residence

Building

111 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%
Riva Residence, Dubai Maritime City: prices, sales and rents →

Other units on the 5th floor

All 111 units in Riva Residence
Value
5011-bedAED 1.6M · Jul 2024
5022-bedAED 2.91M · Nov 2024
5032-bedAED 2.98M · Dec 2024
5051-bedAED 1.9M · Sep 2024
5061-bedAED 1.73M · Jan 2025
5071-bedAED 1.92M · Oct 2025
5081-bedAED 1.92M · Jul 2025
1–7 of 9

504, Riva Residence in numbers

  • Sold once: by Vakson First Property Development on 1 September 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 September 2024.

Questions about 504, Riva Residence

What did unit 504 last sell for?

AED 1,602,000 on 1 September 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 504?

801 sqft (74.4 sqm): a one-bedroom apartment on the 5th floor of a 22-storey tower.

What is unit 504 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 504, Riva Residence

Starts from the last sale price (AED 1.6M, 1 September 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 →