Vakson First Property Development · Maritime City · handover Q4 2025
Riva Residence payment plan
Riva Residence by Vakson First Property Development in Maritime City, Dubai is sold on a 10/30/60 payment plan. On the cheapest unit, starting from AED 2.5M, that is AED 2.5M (100%) paid by handover in Q4 2025.
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- BrochurePDF
- Floor plansPDF
The Riva Residence payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On booking | 10% |
| During construction | 30% |
| Upon Handover | 60% |
On the cheapest unit (1–3 BR, AED 2.5M)
| On booking | AED 254,000 |
| During construction | AED 762,000 |
| Upon Handover | AED 1,524,000 |
| Total (100%) | AED 2,540,000 |
Percentages as published by Vakson First Property Development. Dirham figures are those percentages applied to the published starting price of AED 2,540,000. Registration and other fees are not included.
The Riva Residence instalment schedule, line by line
Vakson First Property Development publishes 2 payment plans for Riva Residence. Each is shown as published, with every instalment and the charges listed alongside it.
Payment Plan
Published by Vakson First Property Development
| Stage | Instalment | Share | On AED 2,540,000 |
|---|---|---|---|
| On booking30% | DLD Feefee | 4% | AED 101,600 |
| Admin Feesfee | fixed | AED 3,000 | |
| On booking | 30% | AED 762,000 | |
| On handover | as published | 70% | AED 1,778,000 |
| Total of the plan | 100% | AED 2,540,000 | |
Lines marked fee (DLD Fee, Admin Fees) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.
Instalments and charges as published by Vakson First Property Development; the dirham column applies each percentage to the published starting price of AED 2,540,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.
What each unit size pays at Riva Residence
The same plan, applied to the starting price Vakson First Property Development publishes for each size in the building.
| Unit | From | On booking (10%) | During construction (30%) | Upon Handover (60%) |
|---|---|---|---|---|
| 1 bedfrom 958 sq ft | AED 2,540,000 | AED 254,000 | AED 762,000 | AED 1,524,000 |
| 2 bedfrom 1,495 sq ft | AED 3,600,000 | AED 360,000 | AED 1,080,000 | AED 2,160,000 |
| 3 bedfrom 2,011 sq ft | AED 5,100,000 | AED 510,000 | AED 1,530,000 | AED 3,060,000 |
Starting price per size as published by Vakson First Property Development; each column is that size’s published starting price multiplied by the stage percentage above.
What it costs to register Riva Residence
The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Vakson First Property Development and not to EZRE, and it sits outside the payment plan above. Administration, trustee and any developer charges are separate and are not shown here.
| Unit | From | Land Department 4% |
|---|---|---|
| 1 bed | AED 2,540,000 | AED 101,600 |
| 2 bed | AED 3,600,000 | AED 144,000 |
| 3 bed | AED 5,100,000 | AED 204,000 |
4% applied to each published starting price. The rate is the Dubai Land Department’s published registration fee and is not a figure from the register.
Everything else on Riva Residence
Riva Residence payment plan: questions buyers ask
- What is the payment plan for Riva Residence?
- Riva Residence by Vakson First Property Development is sold on a 10/30/60 plan: 10% on booking, 30% during construction, 60% upon handover, as published by the developer.
- How much is the booking amount for Riva Residence?
- 10% of the price. On the cheapest unit at AED 2.5M that is AED 254,000.
- How much do I pay before I get the keys to Riva Residence?
- 100% of the price, the payment due on handover day included. On the cheapest unit at AED 2.5M that is AED 2.5M by handover in Q4 2025.
- Does Riva Residence have a post-handover payment plan?
- No. The published plan completes at handover in Q4 2025.
- What are the registration fees on Riva Residence?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 2.5M that is AED 101,600. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.
- When is the handover of Riva Residence?
- Vakson First Property Development publishes Q4 2025.
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starting from
AED 2.5M
handover Q4 2025