Riva Residence in Maritime City
Riva Residence · Maritime City, Dubai
Get Directions
Launch Price
AED 3.17M
Property Type
Apartment
Bedrooms
1 - 3 Beds
Payment Plan
20/50/30
Handover
TBC
Projected Yield
5.3 to 7.4%
In Maritime City, Riva Residence launches 1 - 3 beds apartment units with prices beginning at AED 3.17M. Buyers pay 20% on booking, 50% across the construction phase, and settle the final 30% on handover. Short-term lets command strong rates in this coastal Dubai location, with projected gross returns between 5.3 and 7.4 percent annually. Use MonthlyDubai's free matching service to check whether Riva Residence fits what you can comfortably pay each month.
Payment Plan Breakdown
From AED 54,741/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 635,000 Due on signing SPA |
|
| During Construction | 50% | AED 54,741/mo 29 monthly instalments |
|
| On Handover | 30% | AED 952,500 Due at TBC |
|
| Total | AED 3,175,000 | ||
On Booking
20%
AED 635,000
Due on signing SPA
During Construction
50%
AED 54,741/mo
29 monthly instalments
On Handover
30%
AED 952,500
Due at TBC
Total
100%
AED 3,175,000
Questions about Riva Residence
What payment plan does Riva Residence offer?
Riva Residence uses a 20/50/30 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in TBC.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Riva Residence fits your budget and send you comparable alternatives.
Get Free Property Matches
Enter your monthly budget and we send qualifying projects straight to your WhatsApp. Free, no agency fees.