Riva Residence
The facts, verified
About the project
Project general facts Riva Residence is a beautifully designed development offering a curated collection of one, two, and three-bedroom apartments that combine style, comfort, and functionality. Each home has been thoughtfully planned with spacious layouts, elegant interiors, and modern finishes that create a warm and inviting atmosphere. The project is presented as a perfect choice for those who value both luxury and convenience, blending sophistication with practical living. The development is enriched with a wide range of amenities that enhance everyday life and bring resort-style comfort to residents. From a fully equipped gym and swimming pool to landscaped spaces and leisure areas, every detail is designed to promote relaxation and well-being. The project also offers secure parking, 24-hour security, and high-quality facilities that ensure peace of mind and effortless living. Every residence at Riva Residence features modern finishing with high-quality materials, fully equipped kitchens, and elegantly designed living spaces. The interiors blend modern elegance with timeless appeal, creating a warm and inviting atmosphere. The thoughtful layouts and premium finishes ensure
Amenities
Riva Residence payment plan
| Milestone | Share | On AED 2.54M |
|---|---|---|
| On booking | 10% | AED 254K |
| During construction | 30% | AED 762K |
| Upon Handover | 60% | AED 1.52M |
Run your own numbers
Your purchase
| Milestone | When | Amount |
|---|---|---|
| Downpayment (10%) | On booking | AED 254,000 |
| During construction (30%) | ≈ AED 31,750 equivalent per month over 24 months | AED 762,000 |
| Handover (60%) | On completion | AED 1,524,000 |
| DLD fee (4%) | On booking | AED 101,600 |
| Admin / Oqood (est.) | On booking | AED 5,250 |
Riva Residence prices and unit mix
Project documents
Maritime City masterplan
Riva Residence location and connectivity
About Vakson Development
All their projects →
Established in 1970, Vakson Development is a diversified business organization with deep roots in the UAE and a legacy of over 50 years. Headquartered in Dubai, the company has earned a trusted reputation in real estate and beyond. It offers comprehensive services in real estate development and investment, property…
Questions investors ask about Riva Residence
What is the starting price at Riva Residence?
Riva Residence starts from AED 2.54M and runs to AED 6.8M, across 1 bedroom, 1 bedroom, 2 bedroom, 2 bedroom. Prices move with each release; the pack carries the current list.
What is the Riva Residence payment plan?
10% on booking, 30% during construction, 60% upon handover, worked in dirhams on AED 2.54M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
When is Riva Residence handover?
Vakson Development lists handover for NOV 2025, with the project currently completed. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
Where is Riva Residence?
In Maritime City, Dubai. The Maritime City community guide on this site has the registered prices, rents and schools around it.
Does this qualify for the Golden Visa?
Yes, units from AED 2M qualify for the 10-year Golden Visa, including off-plan with a payment plan in progress. We handle the application as part of the purchase.
Is the project escrow-registered?
Yes, escrow account 200791304. Payments release to the developer only against certified construction progress.
What are the fees on top of the price?
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.