Mered · Al Reem Island · handover Q1 2029
Riviera Residence payment plan
Riviera Residence by Mered in Al Reem Island, Abu Dhabi is sold on a 10/40/50 payment plan. On the cheapest unit, starting from AED 2.6M, that is AED 2.6M (100%) paid by handover in Q1 2029. Handover is 30 months away.
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- BrochurePDF
- Floor plansPDF
The Riviera Residence payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On booking | 10% |
| During construction | 40% |
| On Handover | 50% |
On the cheapest unit (1–3 BR, AED 2.6M)
| On booking | AED 255,000 |
| During construction | AED 1,020,000 |
| On Handover | AED 1,275,001 |
| Total (100%) | AED 2,550,001 |
| Months to handover | 30 |
Percentages as published by Mered. Dirham figures are those percentages applied to the published starting price of AED 2,550,001. Registration and other fees are not included.
The Riviera Residence instalment schedule, line by line
Every instalment Mered publishes for Riviera Residence, in order, with the charges listed alongside the plan.
Payment Plan
Published by Mered
| Stage | Instalment | Share | On AED 2,550,001 |
|---|---|---|---|
| On booking10% | On booking | 5% | AED 127,500 |
| ADGMfee | 2% | AED 51,000 | |
| On signing SPA | 5% | AED 127,500 | |
| During construction40% | Installment to Installment | 8 × 5% | AED 127,500 each |
| On Handover | as published | 50% | AED 1,275,001 |
| Total of the plan | 100% | AED 2,550,001 | |
Lines marked fee (ADGM) 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 Mered; the dirham column applies each percentage to the published starting price of AED 2,550,001. Fixed charges are printed as published. Registration with the Land Department is shown separately below.
What each unit size pays at Riviera Residence
The same plan, applied to the starting price Mered publishes for each size in the building.
| Unit | From | On booking (10%) | During construction (40%) | On Handover (50%) |
|---|---|---|---|---|
| 1 bedfrom 934 sq ft | AED 2,550,001 | AED 255,000 | AED 1,020,000 | AED 1,275,001 |
| 2 bedfrom 1,188 sq ft | AED 3,175,927 | AED 317,593 | AED 1,270,371 | AED 1,587,964 |
| 3 bedfrom 2,376 sq ft | AED 5,553,266 | AED 555,327 | AED 2,221,306 | AED 2,776,633 |
Starting price per size as published by Mered; each column is that size’s published starting price multiplied by the stage percentage above.
What it costs to register Riviera Residence
The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Mered 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 2,550,001 | AED 102,000 |
| 2 bed | AED 3,175,927 | AED 127,037 |
| 3 bed | AED 5,553,266 | AED 222,131 |
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 Riviera Residence
Riviera Residence payment plan: questions buyers ask
- What is the payment plan for Riviera Residence?
- Riviera Residence by Mered is sold on a 10/40/50 plan: 10% on booking, 40% during construction, 50% on handover, as published by the developer.
- How much is the booking amount for Riviera Residence?
- 10% of the price. On the cheapest unit at AED 2.6M that is AED 255,000.
- How much do I pay before I get the keys to Riviera Residence?
- 100% of the price, the payment due on handover day included. On the cheapest unit at AED 2.6M that is AED 2.6M by handover in Q1 2029.
- Does Riviera Residence have a post-handover payment plan?
- No. The published plan completes at handover in Q1 2029.
- What are the registration fees on Riviera Residence?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 2.6M that is AED 102,000. 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 Riviera Residence?
- Mered publishes Q1 2029, which is 30 months from now.
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starting from
AED 2.6M
handover Q1 2029