Grovy Developers · Dubailand Residence Complex · handover Q4 2027
Rivo payment plan
Rivo by Grovy Developers in Dubailand Residence Complex, Dubai is sold on a 10/30/20, 40% post-handover payment plan. On the cheapest unit, starting from AED 860K, that is AED 516K (60%) paid by handover in Q4 2027 and AED 344K (40%) after the keys over 40 months. Handover is 15 months away.
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- BrochurePDF
- Floor plansPDF
The Rivo payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On booking | 10% |
| During construction | 30% |
| On Handover | 20% |
| Post Handover (1% per month) | 40% |
On the cheapest unit (Studio–4 BR, AED 860K)
| On booking | AED 86,000 |
| During construction | AED 258,000 |
| On Handover | AED 172,000 |
| Post Handover (1% per month) | AED 344,000 |
| Paid by handover (60%) | AED 516,000 |
| Months to handover | 15 |
| After handover (40%, 40 months) | AED 344,000 |
Percentages as published by Grovy Developers. Dirham figures are those percentages applied to the published starting price of AED 860,000. Registration and other fees are not included.
The Rivo instalment schedule, line by line
Every instalment Grovy Developers publishes for Rivo, in order, with the charges listed alongside the plan.
40 Months Post Handover Payment Plan
Published by Grovy Developers
| Stage | Instalment | Share | On AED 860,000 |
|---|---|---|---|
| On booking10% | Down Payment | 10% | AED 86,000 |
| DLD Feefee | 4% | AED 34,400 | |
| Admin Fee (including VAT)fee | fixed | AED 5,250 | |
| During construction30% | 1st Installment | 10% | AED 86,000 |
| 2nd Installment to 5th Installment | 4 × 5% | AED 43,000 each | |
| On Handover | as published | 20% | AED 172,000 |
| Post Handover (1% per month)40% | 1st Installments to 40th Installments | 40 × 1% | AED 8,600 each |
| Total of the plan | 100% | AED 860,000 | |
Lines marked fee (DLD Fee, Admin Fee (including VAT)) 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 Grovy Developers; the dirham column applies each percentage to the published starting price of AED 860,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.
What each unit size pays at Rivo
The same plan, applied to the starting price Grovy Developers publishes for each size in the building.
| Unit | From | On booking (10%) | During construction (30%) | On Handover (20%) | Post Handover (1% per month) (40%) |
|---|---|---|---|---|---|
| Studiofrom 458 sq ft | AED 860,000 | AED 86,000 | AED 258,000 | AED 172,000 | AED 344,000 |
| 1 bedfrom 787 sq ft | AED 1,060,000 | AED 106,000 | AED 318,000 | AED 212,000 | AED 424,000 |
| 2 bedfrom 1,270 sq ft | AED 1,570,000 | AED 157,000 | AED 471,000 | AED 314,000 | AED 628,000 |
| 3 bedfrom 1,755 sq ft | AED 2,290,000 | AED 229,000 | AED 687,000 | AED 458,000 | AED 916,000 |
| 4 bedfrom 2,195 sq ft | AED 2,920,000 | AED 292,000 | AED 876,000 | AED 584,000 | AED 1,168,000 |
Starting price per size as published by Grovy Developers; each column is that size’s published starting price multiplied by the stage percentage above.
What it costs to register Rivo
The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Grovy Developers 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% |
|---|---|---|
| Studio | AED 860,000 | AED 34,400 |
| 1 bed | AED 1,060,000 | AED 42,400 |
| 2 bed | AED 1,570,000 | AED 62,800 |
| 3 bed | AED 2,290,000 | AED 91,600 |
| 4 bed | AED 2,920,000 | AED 116,800 |
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 Rivo
- Rivo: prices, units and handover
- Rivo floor plans and unit sizes
- Off-plan projects we list in Dubailand Residence Complex
- Grovy Developers projects we list
- Projects we list handing over in 2027
- Post-handover payment plans in Dubailand Residence Complex
- Post-handover payment plans across Dubai
- Every off-plan project we list
- Ask us for the Rivo brochure
Rivo payment plan: questions buyers ask
- What is the payment plan for Rivo?
- Rivo by Grovy Developers is sold on a 10/30/20, 40% post-handover plan: 10% on booking, 30% during construction, 20% on handover, 40% post handover (1% per month), as published by the developer.
- How much is the booking amount for Rivo?
- 10% of the price. On the cheapest unit at AED 860K that is AED 86,000.
- How much do I pay before I get the keys to Rivo?
- 60% of the price, the payment due on handover day included. On the cheapest unit at AED 860K that is AED 516K by handover in Q4 2027.
- Does Rivo have a post-handover payment plan?
- Yes. 40% (AED 344K on the cheapest unit) is paid after handover over 40 months.
- What are the registration fees on Rivo?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 860K that is AED 34,400. 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 Rivo?
- Grovy Developers publishes Q4 2027, which is 15 months from now.
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starting from
AED 860K
handover Q4 2027