1 bedroom Apartment for sale in Maritime City, UAE No. 52040

Property description

Riva Residence is the epitome of luxury living brought to you by Vakson Group, poised to redefine Dubai’s skyline with its exquisite elegance and innovation. Offers luxury one, two, and three-bedroom apartments. Situated within the bustling Maritime City, spanning 249 hectares strategically positioned between Port Rashid and Dubai’s Dry-docks World, Riva Residence capitalizes on Dubai’s prominence as a maritime hub, offering residents a dynamic urban lifestyle tailored for the maritime community.

Why you should invest now in Riva Residences:

*Exclusive Building with limited number of 152 apartments only.
*Building will be ready by August 2025 , original construction progress photos attached.
*Show apartment ready by 15th June.
*80 percent of units have Full or partial Sea Views
*Large sized apartments of 1432 sqft size for a 2 bedroom and 941 sqft for a 1 bedroom and 2100 sqft for a 3 bedroom
*All 2 and 3 beds have a Maids Room

*Built in Kitchen appliances and Washing Machine.
*Building plot size is largest of 60k sqft which gives huge space for sea views.

Nearby Areas:

- 13 mins to Airport
- 15 mins to Downtown
- 15 mins to Dubai mall
- 25 mins to Marina

•Well equipped GymTechnoGym with TechnoGym Visio
•Multi purpose Hall for events
•Indoor Children’s Play Area
•Large infinity edge Swimming Pool with 11,300 sqft deck
•Swimming Pool with Heating & Cooling capability.
• Serene spa retreats
• Landscaped gardens

PAYMENT PLAN:
■ 40% During Construction
■ 60% On Completion Q2 2025

*10% on booking +4% DLD
*10% after every 2 months
*10% after every 4 months
*10% after every 4 months

60% on Handover. (Can be done by mortgage

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Parameters	Dubai
Rent Per Month
Apartment (1 bedroom) in City Centre	$ 2 372.89
Apartment (1 bedroom) Outside of Centre	$ 1 512.34
Apartment (3 bedrooms) in City Centre	$ 4 610.97
Apartment (3 bedrooms) Outside of Centre	$ 2 986.52
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	$ 6 751.15
Price per Square Meter to Buy Apartment Outside of Centre	$ 3 658.72

Parameters	Dubai
Crime Index	16.09
Cost of Living and Rent Index	57.62
Purchasing Power Index	137.80
Property Price to Income Ratio	6.62
Safety Index	83.91
Traffic CO₂ Index	8026.09
Traffic Inefficiency Index	248.38
Rent Index	56.55
Health Care Index	69.79
Groceries Index	46.76
Pollution Index	49.07
Traffic Commute Time Index	36.32
Restaurant Price Index	60.72
Climate Index	50.27
Cost of Living Index	58.46
Quality of Life Index	178.41
Traffic Index	169.39

Parameters	Dubai
Restaurants
Meal, Inexpensive Restaurant	$ 10.89
Meal for 2 People, Mid-range Restaurant, Three-course	$ 79.73
McMeal at McDonalds (or Equivalent Combo Meal)	$ 9.53
Domestic Beer (0.5 liter draught)	$ 12.25
Imported Beer (0.33 liter bottle)	$ 13.61
Coke/Pepsi (0.33 liter bottle)	$ 1.23
Water (0.33 liter bottle)	$ 0.97
Cappuccino (regular)	$ 5.65
Markets
Milk (regular), (1 liter)	$ 1.96
Loaf of Fresh White Bread (500g)	$ 1.43
Eggs (regular) (12)	$ 3.22
Local Cheese (1kg)	$ 9.30
Water (1.5 liter bottle)	$ 0.65
Bottle of Wine (Mid-Range)	$ 16.34
Domestic Beer (0.5 liter bottle)	$ 2.58
Imported Beer (0.33 liter bottle)	$ 3.42
Cigarettes 20 Pack (Marlboro)	$ 6.40
Apples (1kg)	$ 2.36
Chicken Fillets (1kg)	$ 9.30
Oranges (1kg)	$ 1.89
Potato (1kg)	$ 1.19
Lettuce (1 head)	$ 1.34
Rice (white), (1kg)	$ 2.42
Tomato (1kg)	$ 1.57
Banana (1kg)	$ 1.85
Onion (1kg)	$ 1.29
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	$ 12.31
Transportation
One-way Ticket (Local Transport)	$ 1.63
Monthly Pass (Regular Price)	$ 81.68
Gasoline (1 liter)	$ 0.77
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	$ 32 670.84
Taxi Start (Normal Tariff)	$ 3.27
Taxi 1km (Normal Tariff)	$ 0.68
Taxi 1hour Waiting (Normal Tariff)	$ 8.17
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	$ 23 003.05
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	$ 215.87
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	$ 102.12
	$ 60.27
Salaries And Financing
Average Monthly Net Salary (After Tax)	$ 3 931.65
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.43
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	$ 86.66
Tennis Court Rent (1 Hour on Weekend)	$ 43.80
Cinema, International Release, 1 Seat	$ 13.61
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	$ 78.65
1 Summer Dress in a Chain Store (Zara, H&M, ...)	$ 62.34
1 Pair of Nike Running Shoes (Mid-Range)	$ 113.56
1 Pair of Men Leather Business Shoes	$ 115.35
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	$ 823.58
International Primary School, Yearly for 1 Child	$ 13 303.42

1 bedroom Apartment in Maritime City, UAE No. 52040

Property description

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