Apartment by VAKSON “Riva Residence”

AED 2,800,000

Discount: 11% of original price AED 3,161,000
Share Share
Vector icon 2 Beds Vector icon 2 Baths Vector icon 1490 sqft

Maritime City

Daria
Daria Property broker

Get in touch with broker using email, phone or WhatsApp. It’s free and does not require any commitment from your side

Riva Residence 2BR Apartment in Dubai Maritime City — Vacant, Investor Distress Deal

Buyers seeking genuine value in one of Dubai’s most distinctive waterfront addresses will find this Riva Residence listing worth immediate attention. The unit is a two-bedroom-plus-study apartment spanning 1,490 ft² (138 m²) in Dubai Maritime City, vacant and ready for immediate occupation. It is priced well below its original purchase price, representing a rare entry point into a completed, move-in-ready development on Dubai’s emerging maritime waterfront.

The seller’s circumstances create a straightforward distress opportunity — a completed home, no waiting, no construction risk, and a meaningful discount against what the original buyer paid. End-users gain a spacious, study-equipped layout from day one; investors acquire a tenantable asset in a supply-constrained waterfront district.

Unit Features:

– Two-bedroom apartment with study
– 1,490 ft² / 138 m²
– Vacant, ready to move in
– Waterfront district, Dubai Maritime City
– Study room included in layout
– Distress deal, below original price

Complex Amenities:

– Waterfront promenade access
– Swimming pool
– Fully equipped gymnasium
– Dedicated parking
– Lobby with concierge services
– Landscaped communal areas

Architecture & Concept:

Riva Residence is designed around a contemporary coastal aesthetic, drawing on the maritime character of its surroundings. Clean lines, large glazed facades, and water-facing orientations define the building’s identity. The interiors balance functional living space with refined finishes suited to both owner-occupiers and professional tenants.

About the Developer:

Riva Residence was delivered by a developer with an established track record in Dubai’s waterfront residential segment, with a focus on quality construction and timely handover.

Location & Benefits:

– Dubai Maritime City, an emerging waterfront district
– Minutes from Port Rashid and central Dubai
– Close to Sheikh Zayed Road interchange network
– Near Jumeirah, Bur Dubai, and DIFC corridors
– Growing infrastructure investment increases long-term liquidity
– Unique maritime positioning limits comparable supply nearby

Investment Appeal:

– Strong rental demand from maritime, port, and DIFC professionals
– Vacant unit allows immediate tenancy or occupation
– Supply-constrained waterfront location supports capital values
– District infrastructure spend underpins medium-term price growth
– Entry priced below original purchase, building in immediate equity
– Completed asset carries no construction or handover risk

Frequently Asked Questions:

Q: Is the unit truly vacant and available for immediate handover?
A: Yes, the apartment is vacant and ready to move in or lease without delay.

Q: Why is the seller offering the unit below the original purchase price?
A: This is a motivated seller requiring a prompt transaction, which creates the below-original-price opportunity for a qualified buyer.

Q: Does the study count as a separate room, and how does it affect the layout?
A: The study is a dedicated enclosed space within the apartment, adding flexible use as a home office, guest room, or nursery without reducing the core two-bedroom living area.

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

Payment plan

On booking
30% + 4% DLD + 3000 AED Admin Fees
On handover
70%

Property information

Handover Date

February 2, 2026

Property Type

Apartment

Ownership Type

Freehold

Building Information

Building name

VAKSON “Riva Residence”

Amenities

  • Children’s pool
  • Conference room
  • Infinity pool
  • Kids Play Area
  • Lift
  • SPA
  • Shared gym
  • Social zone
Vakson First Property Development
Vakson First Property Development View developer

Location

Contact broker to learn more and get special offers.