3-bed · 2,047 sqftRiva Residence, Dubai Maritime City · 16th floor

1602, Riva Residence

Sold prices and rental history: sold once, by the developer in July 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 7 July 2025
Last soldAED 4.25M7 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Riva Residence

What is 1602 worth today?

Last sold for AED 4,250,000 in 2025

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7 Jul 2025Sold by developerOff-plan
AED 4,250,000AED 2,075 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 July 2025.

Key facts

Type
3-bed apartment
Size
2,047 sqft
Floor
16th of 20
Parking
2
Developer
Vakson First Property Development
Last sold
AED 4.25M · July 2025

About 1602, Riva Residence

1602 is a three-bedroom apartment of 2,047 sqft on the 16th floor of Riva Residence, a 20-storey tower in Dubai Maritime City by Vakson First Property Development. The developer sold it on 7 July 2025 for AED 4,250,000, or AED 2,075 per sqft, 5% below the AED 2,185 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical three-bed in Riva Residence
4.5M202420252026Typical sale price by year: 2024 AED 4,825,500; 2025 AED 4,540,000Sold by developer, July 2025: AED 4,250,000 (AED 2,075 per sqft)

1602 has sold once; the dashed line is the three-bed median of each year in the building.

3-beds in Riva Residence, and where 1602 sits

All 9 3-beds →

1602 last sold in July 2025 at AED 2,075 per sqft, 5% below what three-beds in Riva Residence were fetching at the time (AED 2,185). Over the last 12 months three-beds sold for AED 5,150,000, around AED 2,302 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Jul 20254,900,000
14 May 20254,540,000
11 Mar 20254,248,000
7 Mar 20254,785,000
1 3-bed sale in the last 12 months

Riva Residence

Building

105 apartments, 1-bed to 3-bed over 20 floors in Dubai Maritime City by Vakson First Property Development. 1 sold in the last 12 months.

Typical price per sqft
AED 2,302
Typical sale
AED 5.15M
Typical rent
Few contracts
Typical yield
Riva Residence, Dubai Maritime City: prices, sales and rents →

Other units on the 16th floor

All 105 units in Riva Residence
Value
16013-bedAED 3.05M · May 2024
16032-bedAED 2.88M · Mar 2025

1602, Riva Residence in numbers

  • Sold once: by Vakson First Property Development on 7 July 2025 for AED 4,250,000, or AED 2,075 per sqft.
  • Three-beds in Riva Residence sold for AED 5,150,000–5,150,000 in the 12 months to November 2026; the building's median across all types is AED 2,302 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 7 July 2025.

Questions about 1602, Riva Residence

What did unit 1602 last sell for?

AED 4,250,000 on 7 July 2025, sold by the developer: AED 2,075 per sqft for 2,047 sqft. It is the only registered sale of the unit.

How big is unit 1602?

2,047 sqft (190.2 sqm): a three-bedroom apartment on the 16th floor of a 20-storey tower.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Riva Residence sold for AED 5,150,000 to 5,150,000 in the last 12 months, around AED 2,302 per sqft.

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Mortgage on 1602, Riva Residence

Starts from the last sale price (AED 4.25M, 7 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,250,000
Deposit, UAE resident (20%)
AED 850,000
Deposit, non-resident (40%)
AED 1,700,000
Monthly over 25 years at 3.7%
AED 17,388

Plus AED 183,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →