Riva Residence, Madinat Dubai Almelaheyah

Sold Prices · DLD Data

Riva Residence

Madinat Dubai Almelaheyah, Dubai · Dubai Maritime City

AED 2,114

Avg Price / sqft

AED 3.8M

Avg Sale Price

8

DLD Sales Recorded

3.5%

Est. Gross Yield

Market snapshot

Riva Residence — the numbers

Riva Residence is a residential building in Madinat Dubai Almelaheyah, Dubai with approximately 155 units. Dubai Land Department records show 8 sales in the building, at an average price of AED 3.8M — around AED 2,114 per square foot.

Since February 2026, 8 sales completed in Riva Residence, with the average price per square foot moving from AED 2,154 to AED 2,068 (-4%). That softening can open negotiating room for buyers.

Benchmarked against average residential rents in Madinat Dubai Almelaheyah, a typical unit in Riva Residence returns an estimated 3.5% gross rental yield before service charges — a useful starting point for investors comparing towers across Madinat Dubai Almelaheyah.

Figures are from Dubai Land Department transaction records for Riva Residence; individual units vary by floor, view and finish. Gross yield is estimated against average Madinat Dubai Almelaheyah residential rents, before service charges.

Price trend

Price trend in Riva Residence

Average sale price per sqft by month since February 2026-4%

1,3861,8462,307Feb 26: AED 2,154/sqft · 1 saleFeb 26Mar 26: AED 2,460/sqft · 2 salesMar 26Apr 26: AED 2,289/sqft · 2 salesApr 26Jun 26: AED 1,956/sqft · 1 saleJun 26Jul 26: AED 1,232/sqft · 1 saleJul 26Oct 26: AED 2,068/sqft · 1 saleOct 26

Unit types

Prices by unit type

1 Bed

AED 1.4M

AED 1,650/sqft

2 sales · last 12 months

2 Bed

AED 3.6M

AED 2,343/sqft

3 sales · last 12 months

3 Bed

AED 5.6M

AED 2,194/sqft

3 sales · last 12 months

Transactions

Recent sold prices

DateTypeBedsSize (sqft)PriceAED/sqft
02 Oct 2026Sales1919AED 1.9MAED 2,068
23 Jul 2026Sales1811AED 1.0MAED 1,232
13 Jun 2026Sales33,426AED 6.7MAED 1,956
20 Apr 2026Sales21,555AED 3.7MAED 2,354
17 Apr 2026Sales32,335AED 5.2MAED 2,224
18 Mar 2026Sales32,081AED 5.0MAED 2,401
07 Mar 2026Sales21,548AED 3.9MAED 2,520
24 Feb 2026Sales21,555AED 3.4MAED 2,154

About the area

Riva Residence is in Dubai Maritime City

Dubai Maritime City is an innovative mixed-use development that blends residential, commercial, and recreational spaces, all set against a stunning waterfront backdrop. Strategically positioned between Port Rashid and Dubai Dry Docks, the community is particularly appealing to professionals, families, and investors seeking a modern coastal lifestyle with robust connectivity to the broader Dubai area.

Explore the Dubai Maritime City area guide

Nearby

Other buildings in Madinat Dubai Almelaheyah

FAQ

Riva Residence: frequently asked questions

What is the average price in Riva Residence?

The average recorded sale price in Riva Residence, Madinat Dubai Almelaheyah is AED 3.8M, around AED 2,114 per square foot, based on Dubai Land Department transaction data.

Are prices in Riva Residence going up or down?

Average sale prices in Riva Residence have eased -4% per square foot since February 2026, across 8 DLD-recorded sales.

What rental yield can I expect in Riva Residence?

Based on average Madinat Dubai Almelaheyah residential rents against sale prices in the building, a typical unit in Riva Residence yields roughly 3.5% gross per year, before service charges and fees.

How many properties have sold in Riva Residence?

8 sales have been recorded in Riva Residence according to DLD data, across approximately 155 units.

Considering Riva Residence?

Get honest, DLD-backed guidance on pricing, yields and availability in Madinat Dubai Almelaheyah from Binayah's advisors — no pressure, just the numbers.

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