New homes in Rivo start at AED 795,000; keys are due Dec 2027; you pay 10% to book, 30% while it is built and 60% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 1,790 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Dubai Land Residence Complex. Their median price is AED 1,582 per sq ft (about AED 724,000 at 458 sq ft). This project's from price is AED 1,736 per sq ft (AED 795,000 for its smallest home, 458 sq ft), 10% more.
Keys
Dec 2027
The developer's handover date
Payment plan
10 / 30 / 60
10% to book, 30% while it is built, 60% at the keys
Bedrooms
Studio to 4 beds
Sizes
458 to 2,568 sq ft
Ownership
Freehold
Property types
Apartment
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 1,736 per sq ft
Similar off-plan homes: AED 1,582 per sq ft
RERA project
4004
Check it in Dubai REST, the Dubai Land Department's official app.
Built
7%
Being built. DLD register, Nov 11, 2026
Completion on the register
Dec 2027
DLD shows only the current date. We have recorded it since Jun 12, 2026 and it hasn't moved.
Escrow account
بنك المشرق (شركة مساهمة عامة)
The bank that holds your payments
Registered homes
133
In 1 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 10% when you book, 30% as the building goes up, and 60% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 10%
Booking
10%
AED 79,500+ AED 31,800 DLD fee
AED 111,300
Feb 2027While it is built · 7.5%
While it is built
7.5%
AED 59,625
AED 170,925
Apr 2027While it is built · 7.5%
While it is built
7.5%
AED 59,625
AED 230,550
Jul 2027While it is built · 7.5%
While it is built
7.5%
AED 59,625
AED 290,175
Sep 2027While it is built · 7.5%
While it is built
7.5%
AED 59,625
AED 349,800
Dec 2027Keys · 60%
Keys
60%
AED 477,000
AED 826,800
Booking payment, 10%
AED 79,500
Dubai Land Department fee (Oqood), 4%
AED 31,800
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 111,300
Total costPrice plus the DLD fee
AED 826,800
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.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
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.
Is the price fair?
Dubai Land Department recorded 1,790 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Dubai Land Residence Complex, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in Rivo sold in 24 months, so we compare with off-plan sales across Dubai Land Residence Complex.
Dubai Land Department recorded 1,790 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Dubai Land Residence Complex, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,582 per sq ft
AED 884 to AED 1,027 per sq ft
27 sales
AED 1,027 to AED 1,170 per sq ft
36 sales
AED 1,170 to AED 1,314 per sq ft
158 sales
AED 1,314 to AED 1,457 per sq ft
253 sales
AED 1,457 to AED 1,600 per sq ft
485 sales
AED 1,600 to AED 1,744 per sq ft
490 sales
This project's from price is in this band.
AED 1,744 to AED 1,887 per sq ft
290 sales
AED 1,887 to AED 2,030 per sq ft
51 sales
AED 884 per sq ftAED 2,030 per sq ft
This project AED 1,736 per sq ft
Half of the sales sold for AED 1,446 to AED 1,707 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 884 to AED 1,027 per sq ft
27
AED 1,027 to AED 1,170 per sq ft
36
AED 1,170 to AED 1,314 per sq ft
158
AED 1,314 to AED 1,457 per sq ft
253
AED 1,457 to AED 1,600 per sq ft
485
AED 1,600 to AED 1,744 per sq ft
490
AED 1,744 to AED 1,887 per sq ft
290
AED 1,887 to AED 2,030 per sq ft
51
The 3 closest sales
Picked from the 1,790 similar sales above, closest in size to this project's smallest home.
Jun 2026AED 420,000AED 917 per sq ftAG Square, 458 sq ft
May 2026AED 450,000AED 983 per sq ftAG Square, 458 sq ft
Jan 2026AED 490,000AED 1,070 per sq ftAG Square, 458 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Dubai Land Residence Complex in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 795,000 here
Off-plan medianAED 700,000AED 1,629 per sq ft
Sales3,041
10% above 1,790 similar sales
1-bed apartment
Off-plan medianAED 1,099,000AED 1,376 per sq ft
Sales2,718
2-bed apartment
Off-plan medianAED 1,578,000AED 1,269 per sq ft
Sales1,102
3-bed apartment
Off-plan medianAED 2,218,000AED 1,343 per sq ft
Sales288
4-bed apartment
Off-plan medianToo few sales for a median
Sales3
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
5%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
4.1%
Typical gross yield of similar ready homes
9.4%
Median rent of studio apartments in Dubai Land Residence Complex
AED 40,000 a year
Service charge a year, from the keysThe area median, AED 13 per sq ft from 8 buildings, as of 2023, for the smallest home (458 sq ft)
AED 5,954
Rent contracts counted
983
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 40,000 a year
1-bed apartment
AED 56,000 a year
2-bed apartment
AED 74,000 a year
3-bed apartment
AED 110,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 40,000 ÷ AED 795,000 = 5%. 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
Gems First Point School (The Villa)850 m, 14 min walkSchool
GEMS Wellington Academy2.6 km, 9 min driveBritish school
Indian International School2.5 km, 9 min driveIndian school
Rivo, by Grovy Real Estate Development LLC, offers studios to 4-bedroom apartments in Dubai Land Residence Complex from AED 795,000, with a listed handover in December 2027. Most of the price, 60%, is due on handover, and the from price per square foot is 9.7% above 1,790 similar studio sales in the area.
Start with the payment plan: 10% on booking, 30% during construction and 60% on handover. At the from price that is AED 79,500, then AED 238,500 during the build and AED 477,000 at handover. The 4% Land Department fee adds AED 31,800. The developer's description quotes a four-part plan instead, so get the schedule confirmed in writing.
On price, the Dubai Land Department registered 1,790 studio off-plan sales in Dubai Land Residence Complex over the 12 months to November 2026. Rivo's from price per square foot is 9.7% above their median. Those sales cover the area, not only this building.
The listing gives sizes of 458 to 2,568 sq ft, while the developer's description gives 488 sq ft for a studio and 2,194 sq ft for four bedrooms. Ask for the floor plans and the exact size of your unit. The developer lists a temperature-controlled infinity pool, a gym, wellness facilities and rooftop dining areas, and homes have balconies.
Aster Medical Centre is about 630 m away, around a 10-minute walk. Gems First Point School (The Villa) is about 830 m away and GEMS Wellington Academy about 2.6 km, 9 minutes by car. Creek Metro Station is about 19 minutes by car and Business Bay about 21. The listed handover is about 13 months away.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
1 BR
2 BR
3 BR
4 BR
Studio
How prices moved
Median price of studio apartments in Dubai Land Residence Complex, over the 12 months to each dateUp 17% from Dec 2024 to Sep 2026.
Dec 2024AED 1,389 per sq ft
Sep 2026AED 1,629 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 1,629 per sq ft
3,041 sales
Jun 2026
AED 1,634 per sq ft
3,565 sales
Mar 2026
AED 1,617 per sq ft
3,650 sales
Dec 2025
AED 1,589 per sq ft
3,515 sales
Sep 2025
AED 1,546 per sq ft
3,109 sales
Jun 2025
AED 1,492 per sq ft
2,778 sales
Mar 2025
AED 1,435 per sq ft
2,326 sales
Dec 2024
AED 1,389 per sq ft
1,550 sales
Off-plan sales only.
Questions about this project
How much is left to pay at handover?
60% of the price, AED 477,000 at the from price, after AED 79,500 on booking and AED 238,500 during construction. Separately, the 4% Land Department fee comes to AED 31,800; ask when it is due.
How does the price compare with the area?
The from price per square foot is 9.7% above the median of 1,790 studio off-plan sales in Dubai Land Residence Complex over the 12 months to November 2026.
What sizes are on offer?
Studios to four bedrooms, listed from 458 to 2,568 sq ft. The developer's description gives different figures, so ask for the floor plans and the exact size.
When is handover?
The listed date is December 2027, about 13 months from now.
Can foreigners buy here?
Yes. Rivo is freehold, so foreign buyers can own outright.
Is there a clinic or school within walking distance?
Aster Medical Centre is about 630 m away and Gems First Point School (The Villa) about 830 m.
