503, Riva Residence
Sold prices and rental history: sold once, by the developer in December 2024, 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 503, Riva Residence
What is 503 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 17 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,322 sqft
- Floor
- 5th of 20
- Parking
- 1
- Developer
- Vakson First Property Development
- Last sold
- AED 2.98M · December 2024
- Building
- Riva Residence
About 503, Riva Residence
503 is a two-bedroom apartment of 1,322 sqft on the 5th floor of Riva Residence, a 20-storey tower in Dubai Maritime City by Vakson First Property Development. The developer sold it on 17 December 2024 for AED 2,975,000, or AED 2,249 per sqft, in line with the AED 2,199 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 503 over time
503 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Riva Residence, and where 503 sits
All 39 2-beds →503 last sold in December 2024 at AED 2,249 per sqft, in line with what two-beds in Riva Residence were fetching at the time (AED 2,199).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jul 202529 July 2025 | 1,515 sqft | 2,916,000 | 1,924 | ||
| 23 Jul 202523 July 2025 | 1,515 sqft | 2,916,000 | 1,924 | ||
| 17 Jul 202517 July 2025 | 1,515 sqft | 3,150,000 | 2,079 | ||
| 15 Jul 202515 July 2025 | 1,322 sqft | 3,200,000 | 2,419 |
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 5th floor
All 105 units in Riva Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 211 | 950 sqft | AED 2.2MAED 2,201,600 · Oct 2025October 2025 | |||
| 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 | ||
| 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 | ||
| 506 | 1-bed | 903 sqft | AED 1.73MAED 1,725,700 · Jan 2025January 2025 | ||
| 507 | 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 | ||
| 509 | 1-bed | 903 sqft | AED 1.81MAED 1,805,000 · Jun 2025June 2025 |
503, Riva Residence in numbers
- Sold once: by Vakson First Property Development on 17 December 2024 for AED 2,975,000, or AED 2,249 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 17 December 2024.
Questions about 503, Riva Residence
What did unit 503 last sell for?
AED 2,975,000 on 17 December 2024, sold by the developer: AED 2,249 per sqft for 1,322 sqft. It is the only registered sale of the unit.
How big is unit 503?
1,322 sqft (122.8 sqm): a two-bedroom apartment on the 5th floor of a 20-storey tower.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 503? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 503, Riva Residence
Starts from the last sale price (AED 2.98M, 17 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,975,000
- Deposit, UAE resident (20%)
- AED 595,000
- Deposit, non-resident (40%)
- AED 1,190,000
- Monthly over 25 years at 3.7%
- AED 12,172
Plus AED 129,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →