2-bed · 1,322 sqftRiva Residence, Dubai Maritime City · 7th floor

703, Riva Residence

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

Unit 703 · DLD and Ejari recordsUpdated 6 June 2024
Last soldAED 1.79M6 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Riva Residence

What is 703 worth today?

Last sold for AED 1,785,000 in 2024

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6 Jun 2024Sold by developerOff-plan
AED 1,785,000AED 1,349 per sqft

Source: Dubai Land Department. Updated 6 June 2024.

Key facts

Type
2-bed apartment
Size
1,322 sqft
Floor
7th of 22
Parking
1
Developer
Vakson First Property Development
Last sold
AED 1.79M · June 2024

About 703, Riva Residence

703 is a two-bedroom apartment of 1,322 sqft on the 7th floor of Riva Residence, a 22-storey tower in Dubai Maritime City by Vakson First Property Development . The developer sold it on 6 June 2024 for AED 1,785,000, or AED 1,349 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in Riva Residence
2M3M2024202520262027Typical sale price by year: 2024 AED 2,909,000; 2025 AED 2,780,000; 2026 AED 3,660,000Sold by developer, June 2024: AED 1,785,000 (AED 1,349 per sqft)

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

2-beds in Riva Residence, and where 703 sits

All 43 2-beds →

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 salesUnit no.Price (AED)Summary
20 Apr 20263,660,000
7 Mar 20263,900,000
24 Feb 20263,350,000
29 Aug 20253,140,000
3 2-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 7th floor

All 111 units in Riva Residence
Value
7011-bedAED 1.6M · Sep 2024
7022-bedAED 2.91M · Nov 2024
7041-bedAED 1.6M · Sep 2024
7051-bedAED 1.9M · Jul 2025
7061-bedAED 1.81M · Jun 2024
7071-bedAED 1.92M · Oct 2025
7081-bedAED 2.17M · Apr 2025
1–7 of 10

703, Riva Residence in numbers

  • Sold once: by Vakson First Property Development on 6 June 2024 for AED 1,785,000, or AED 1,349 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 6 June 2024.

Questions about 703, Riva Residence

What did unit 703 last sell for?

AED 1,785,000 on 6 June 2024, sold by the developer: AED 1,349 per sqft for 1,322 sqft. It is the only registered sale of the unit.

How big is unit 703?

1,322 sqft (122.8 sqm): a two-bedroom apartment on the 7th floor of a 22-storey tower.

What is unit 703 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 703, Riva Residence

Starts from the last sale price (AED 1.79M, 6 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,785,000
Deposit, UAE resident (20%)
AED 357,000
Deposit, non-resident (40%)
AED 714,000
Monthly over 25 years at 3.7%
AED 7,303

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →