506, Riva Residence
Sold prices and rental history: sold once, by the developer in January 2025, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Riva Residence
What is 506 worth today?
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Source: Dubai Land Department. Updated 14 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 903 sqft
- Floor
- 5th of 22
- Parking
- 1
- Developer
- Vakson First Property Development
- Last sold
- AED 1.73M · January 2025
- Building
- Riva Residence
About 506, Riva Residence
506 is a one-bedroom apartment of 903 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 24 January 2025 for AED 1,725,700, or AED 1,911 per sqft, 4% below the AED 2,000 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 14 August 2026. The current contract, signed on 14 August 2026, is AED 80,000 a year: a gross yield of 4.6% on the 2025 price.
Sales and rents for 506 over time
506 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Riva Residence, and where 506 sits
All 52 1-beds →506 last sold in January 2025 at AED 1,911 per sqft, 4% below 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. 506'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 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 | ||
| 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 | ||
| 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 |
506, Riva Residence in numbers
- Sold once: by Vakson First Property Development on 24 January 2025 for AED 1,725,700, or AED 1,911 per sqft.
- Rented since August 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 4.6%.
- 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 14 August 2026.
Questions about 506, Riva Residence
What did unit 506 last sell for?
AED 1,725,700 on 24 January 2025, sold by the developer: AED 1,911 per sqft for 903 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 80,000 a year on the contract signed on 14 August 2026.
How big is unit 506?
903 sqft (83.9 sqm): a one-bedroom apartment on the 5th floor of a 22-storey tower.
What is unit 506 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 506, Riva Residence
Starts from the last sale price (AED 1.73M, 24 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,725,700
- Deposit, UAE resident (20%)
- AED 345,140
- Deposit, non-resident (40%)
- AED 690,280
- Monthly over 25 years at 3.7%
- AED 7,060
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →