Vakson, a well-known UAE developer with over 50 years of experience, is adding another impressive building to Dubai’s skyline with their new project, RIVA Residence. This project is located in the peaceful Dubai Maritime City area and offers beautiful views of the sea from every apartment. RIVA Residence is designed to be a top waterfront place that attracts both investors and people looking to live there.
Abbas Vakil, the CEO of Vakson, says that RIVA Residence is one of the biggest projects his family company has done. He believes it strengthens Vakson’s reputation in the region. RIVA Residence focuses on providing a high-quality, modern lifestyle with luxury, comfort, and convenience.
“RIVA Residence is made for people and families who want upscale living, privacy, and community facilities,” Mr. Vakil told The National. “It features modern design, high-quality materials, and amenities like fitness and wellness centers, heated swimming pools, landscaped gardens, clubhouse areas, 24/7 security, concierge services, and parking with valet options. The peaceful sea views make living here even better.”
Mr. Vakil also mentioned that RIVA Residence continues Vakson’s history of successful projects in Dubai. He highlighted Emirates Crown and Marina Crown in Dubai Marina as major achievements for the company. These projects set high standards for luxury living. Now, RIVA Residence raises the bar even higher with its excellent quality and great location in Dubai’s newest waterfront area.
As part of Dubai Maritime City, RIVA Residence offers different types of apartments, including one-bedroom, two-bedroom, and three-bedroom units. Each apartment is spacious and includes maid’s quarters and a study to ensure maximum comfort and convenience.
Mr. Vakil also confirmed that RIVA Residence is no longer just an “off-plan project.” “Currently, 55% of the construction is finished, and we expect to complete and deliver the apartments by December 2025,” he said. “This progress gives buyers and investors confidence because they can see that the project is well underway.”
He added that Dubai and the UAE are experiencing a huge real estate boom, especially in new projects like this. This makes RIVA Residence a great option for people looking to invest in Dubai or make it their home.
Investing in RIVA Residence is a “smart choice,” Mr. Vakil says. “Located right on the waterfront, it is set to become one of the most desirable places to live in the next few years. With new roads and bridges being built, Dubai Maritime City will be easy to reach from anywhere, making it even more attractive.”
Dubai Maritime City is becoming a top spot for high-end waterfront homes, and RIVA Residence is a key part of this development. Vakson is committed to shaping Dubai’s modern real estate scene with projects like this.
“With our history of transformative developments, Vakson continues to build its legacy by creating projects that improve city living and help Dubai grow,” Mr. Vakil added. “RIVA Residence stands out in Dubai’s busy real estate market as a top project in a desirable area with both historical value and great future potential. Many buyers are choosing to live in RIVA Residence, showing that it is a great home and investment opportunity.”
Mohammad Vakil, chairman of Vakson, said, “We are proud of the progress of RIVA Residence, which is on schedule to be completed and handed over in 2025. Most of our buyers are homeowners looking to live in RIVA Residence, and the project also offers a great return on investment of up to 30%, making it very attractive for investors.”
