AED 2,800,000

A ready-to-move 2-bedroom-plus-study apartment in Riva Residence, Maritime City, has surfaced at a significant discount to its original purchase price — making this one of the more compelling distress opportunities currently available in Dubai’s mid-to-premium waterfront segment. The unit is complete and habitable now, removing construction risk entirely and offering immediate occupancy or rental activation.

This pricing sits measurably below what the original buyer paid, a gap that rarely persists in a location as supply-constrained as Maritime City. Investors and end-users alike have a narrow window to acquire finished, waterfront-adjacent square footage at a valuation that the broader market has already moved past.

Unit Features:

– 2-bedroom plus study
– 1,490 ft² / 138 m²
– Ready to move in
– Maritime City address
– Distress deal below original price

Complex Amenities:

– Waterfront setting
– Residential tower facilities

Architecture & Concept:

Riva Residence is a boutique waterfront development designed around clean contemporary lines and maritime-influenced aesthetics. Layouts prioritise open-plan living with generous proportions relative to the district norm. The study configuration adds practical flexibility for remote working or guest use.

About the Developer:

Riva Residence was developed for the growing owner-occupier and investor demand within Dubai Maritime City’s emerging residential quarter.

Location & Benefits:

– Dubai Maritime City district
– Minutes to Port Rashid and Bur Dubai
– Close to Sheikh Zayed Road interchanges
– Direct access to Dubai’s historic waterfront corridor
– Strong connectivity to DIFC, Downtown, and Dubai Creek Harbour
– Emerging district with limited completed residential stock

Investment Appeal:

– High rental demand from maritime professionals and waterfront lifestyle tenants
– Limited competing ready inventory in Maritime City
– District still in active development phase, supporting value growth
– Entry point below what the market has already validated
– Immediate income potential with no waiting period
– Below-original-price acquisition in a completed asset

Frequently Asked Questions:

Q: Is the unit vacant and available for immediate handover?
A: Yes, the apartment is ready to move in and can be transferred promptly upon agreement.

Q: Why is this considered a distress deal?
A: The seller is offloading below the original purchase price, creating an entry point the open market no longer offers for comparable units in this location.

Q: Is Maritime City a viable long-term investment area?
A: Maritime City is an established freehold zone with ongoing infrastructure development, growing occupier demand, and a limited supply of completed apartments, all of which support long-term capital retention and rental performance.

Enquire through the form on this page to receive full details and arrange a viewing.