New homes in Nineteen Riviera Lagoon start at AED 23,500,000; keys are due Dec 2027; you pay 10% to book, 40% while it is built and 50% at the keys.
Keys
Dec 2027
The developer's handover date
Payment plan
10 / 40 / 50
10% to book, 40% while it is built, 50% at the keys
Bedrooms
5 to 7 beds
Sizes
17,012 to 22,262 sq ft
Ownership
Freehold
Property types
Villa
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 1,381 per sq ft
At the smallest size listed
We couldn't match this project to the Dubai Land Department project register yet. The developer can give you its RERA project number.
Paying for it
You pay 10% when you book, 40% as the building goes up, and 50% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 10%
Booking
10%
AED 2,350,000+ AED 940,000 DLD fee
AED 3,290,000
Feb 2027While it is built · 10%
While it is built
10%
AED 2,350,000
AED 5,640,000
Apr 2027While it is built · 10%
While it is built
10%
AED 2,350,000
AED 7,990,000
Jul 2027While it is built · 10%
While it is built
10%
AED 2,350,000
AED 10,340,000
Sep 2027While it is built · 10%
While it is built
10%
AED 2,350,000
AED 12,690,000
Dec 2027Keys · 50%
Keys
50%
AED 11,750,000
AED 24,440,000
Booking payment, 10%
AED 2,350,000
Dubai Land Department fee (Oqood), 4%
AED 940,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 3,290,000
Total costPrice plus the DLD fee
AED 24,440,000
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Rent and yield
Gross yield at the from priceRent ÷ price
5.6%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
4.2%
Median rent of villas with 5 or more bedrooms in Mohammed Bin Rashid City
AED 1,320,000 a year
Service charge a year, from the keysThe area median, AED 17 per sq ft from 16 buildings, as of 2023, for the smallest home (17,012 sq ft)
AED 289,204
Rent contracts counted
85
Rented between
Apr 1, 2025 and Mar 31, 2026
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 1,320,000 ÷ AED 23,500,000 = 5.6%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Business Bay Metro Station3.8 km, 9 min driveMetro station
Business Bay creek front2.8 km, 11 min driveWaterfront
Dubai International School1.7 km, 3 min driveSchool
Hartland International School3.1 km, 13 min driveBritish school
JSS School4.4 km, 12 min driveIndian school
Al Faris Mall2.8 km, 6 min driveMall
Nexx Home Healthcare Services3.2 km, 6 min driveHospital
Nineteen Riviera Lagoon is a gated group of 19 detached 5- to 7-bedroom villas by Mill Hill Riviera Development, set in District 11 of Mohammed Bin Rashid City, from AED 23,500,000 with handover listed for December 2027. Half the price, AED 11,750,000 at the from price, is due at handover.
The plan is 10% on booking, 40% during construction and 50% at handover. At the from price that is AED 2,350,000 to book, AED 9,400,000 during the build and AED 11,750,000 at handover in December 2027. The listing gives no dates for the construction payments, so ask for the full schedule in writing. Separately, the 4% DLD fee comes to AED 940,000; ask when it is due.
The gated community has a central lagoon and 19 detached villas. The 5-bedroom villa is 17,012 sq ft, the 6-bedroom 17,920 sq ft and the 7-bedroom 22,262 sq ft. Each has two master bedrooms with walk-in wardrobes and their own bathrooms. The second floor holds a separate suite with its own bedroom and bathroom, a private plunge pool, and terraces at the front and back.
The villas include rooms for a chef, a chauffeur, maids and a nanny, a lift inside each villa, green spaces indoors, a car washing bay and an outdoor shower and washroom. Kitchens are Italian. Each basement parks between 7 and 12 cars, and the community adds parking for 35 more vehicles. Shared facilities listed are a community park, a gym, a children's play area, a children's pool, a concierge and 24/7 security.
The homes are freehold. Sultan Al Olama Medical Center is about 1 km away, Dubai International School about 1.7 km and Hartland International School about 3.1 km. Business Bay Metro Station is about 3.8 km away, around 9 minutes by car, and Jumeirah Beach is about 6.1 km.
