
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.
Property timeline for 1602, Riva Residence
What is 1602 worth today?
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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
- Building
- Riva Residence
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
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jul 202510 July 2025 | 2,126 sqft | 4,900,000 | 2,305 | ||
| 14 May 202514 May 2025 | 2,126 sqft | 4,540,000 | 2,135 | ||
| 11 Mar 202511 March 2025 | 2,047 sqft | 4,248,000 | 2,074 | ||
| 7 Mar 20257 March 2025 | 2,126 sqft | 4,785,000 | 2,250 |
Riva Residence
Building105 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
Other units on the 16th floor
All 105 units in Riva Residence1602, 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 →