Rivo: off-plan project in Dubai Land Residence Complex
Rivo is an off-plan residential apartment project in Dubai Land Residence Complex, registered with the Dubai Land Department as project no. 4004 and developed by Grovy Homes Real Estate Development L.L.C. From October 16, 2025 to October 16, 2026, 82 off-plan sales were registered there at a median price of AED 1,016,000 (AED 1,227 per sq ft); 80% of sales fall between AED 893,070 and AED 1,575,000.
- 82off-plan sales in 12 months
- AED 1,016,000median sale price
- AED 1,227median price per sq ft
- 0%construction progress (DLD)
- December 2027end date in the register
- 133registered units
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026. Source: Dubai Land Department project register (open data), as of 15/06/2026.
What the figures say
- Positioning: at AED 1,227 per sq ft, Rivo is 18.7% below the median of off-plan sales across the 58 projects tracked in Dubai Land Residence Complex (AED 1,508 per sq ft), and 30.6% below the median of Dubai off-plan sales (AED 1,768 per sq ft).
- Sales pace: 82 off-plan sales in 9 months since the first registered sale (January 2026), about 9 a month; number 24 by sales in Dubai Land Residence Complex over the period.
- Construction: 0% complete in the DLD register, construction had not started at the latest inspection; planned end December 2027.
- Profile: a concentrated project, 67.1% of sales are the same unit type (apartment · 1 bedroom).
Rivo: official project sheet
Details from the project register kept by the Dubai Land Department. Off-plan payments go to the project's escrow account, as required by Dubai Law No. 8 of 2007.
| Item | DLD register |
|---|---|
| DLD project number | 4004 |
| Registered developer | Grovy Homes Real Estate Development L.L.C (developer no. 1429) |
| Master developer | Dubai Land Residences (L.L.C) |
| Community (master project) | Dubai Land Residence Complex |
| DLD area | Wadi Al Safa 5 |
| Register status | pending |
| Construction progress | 0% |
| Project start | August 1, 2025 |
| Planned end | December 31, 2027 |
| Registered units | 133 units |
| Buildings | 1 |
| Escrow account | escrow agent registered with the DLD for this project |
Source: Dubai Land Department project register (open data), as of 15/06/2026.
Rivo off-plan prices by unit type
Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: apartment · studio, at a median AED 680,000.
| Unit type | Sales | Median price | Range (AED) | Median size | Price / sq ft |
|---|---|---|---|---|---|
| Apartment · Studio | 6 | AED 680,000 | 670,000 – 712,500 | 39 m² (420 sq ft) | AED 1,626 |
| Apartment · 1 bedroom | 55 | AED 995,000 | 918,600 – 1,080,000 | 73 m² (786 sq ft) | AED 1,244 |
| Apartment · 2 bedrooms | 14 | AED 1,482,500 | 1,255,500 – 1,565,000 | 118 m² (1,270 sq ft) | AED 1,172 |
| Apartment · 3 bedrooms | 7 | AED 1,917,000 | 1,797,156 – 2,149,000 | 163 m² (1,755 sq ft) | AED 1,148 |
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
To turn one of these prices into a payment schedule, use OffPlanSimulator's off-plan payment plan calculator, then add registration fees with the Dubai buying costs calculator.
Sales by unit type
Apartment · 1 bedroom: 67.1% of off-plan sales, with a median size of 73 m² (70 to 79 m² for 80% of them).
- Apartment · 1 bedroom: 67.1% (55 sales)
- Apartment · 2 bedrooms: 17.1% (14 sales)
- Apartment · 3 bedrooms: 8.5% (7 sales)
- Apartment · Studio: 7.3% (6 sales)
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
Rivo off-plan price by quarter
The median off-plan price per sq ft moved from AED 1,237 in Q1 2026 to AED 1,240 in Q3 2026 (+0.2%). Quarter-to-quarter changes also reflect the mix of units sold.
| Quarter | Off-plan sales | Median / sq ft | Change |
|---|---|---|---|
| Q1 2026 | 18 | AED 1,237 | — |
| Q2 2026 | 28 | AED 1,223 | -1.2% |
| Q3 2026 | 36 | AED 1,240 | +1.4% |
Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.
Rents in Dubai Land Residence Complex
To gauge the rental market around Rivo: annual rents of Ejari contracts registered in Dubai Land Residence Complex over the last 12 months (7,706 contracts).
| Unit type | Contracts | Median annual rent | Middle 50% range |
|---|---|---|---|
| Apartment · Studio | 1,994 | AED 38,000 | 34,000 – 42,000 |
| Apartment · 1 bedroom | 3,603 | AED 51,000 | 46,014 – 57,000 |
| Apartment · 2 bedrooms | 1,961 | AED 65,000 | 58,800 – 75,000 |
| Apartment · 3 bedrooms | 147 | AED 91,000 | 86,000 – 105,000 |
To compare a market rent with your purchase price and running costs, the rental yield calculator works it through step by step.
Source: Dubai Land Department, Ejari rent contracts (open data), 20/10/2025 to 20/10/2026.
Where is Rivo?
Rivo is in Dubai Land Residence Complex (DLD area Wadi Al Safa 5), Dubai.
Further reading
- All off-plan projects in Dubai Land Residence Complex
- All DLD sales at Rivo (new and resale)
- Dubai Land Residence Complex property prices
- Dubai Land Residence Complex rents
- All Grovy Homes Real Estate Development L.L.C projects
Other off-plan projects in Dubai Land Residence Complex
- Samana Boulevard Heights — AED 1,622/sq ft
- Kensington Gardens — AED 1,340/sq ft
- Cove Grand Residence by Imtiaz — AED 1,556/sq ft
- Le Blanc Residence by Imtiaz — AED 1,655/sq ft
- Peace Lagoons II by Peace Homes — AED 1,598/sq ft
- Cybele By Wadan — AED 1,432/sq ft
- Seraph by Wadan — AED 1,274/sq ft
- Reef 998 — AED 1,546/sq ft
Same budget elsewhere in Dubai (around AED 1,016,000)
- Avion Residence, Dubai South Residential District — AED 1,014,575
- Stax, Jumeirah Village Circle — AED 1,018,394
- Verano By Prescott, Dubai Studio City — AED 1,013,650
- Oakyard Residences, Jumeirah Village Circle — AED 1,020,000
- Maimoon Gardens, Jumeirah Village Circle — AED 1,020,000
- Vue by Crystal Bay, Jumeirah Village Circle — AED 1,011,758
Projects presented by Cevitas
Frequently asked questions
How much does a home at Rivo cost?
Over the last 12 months, the 82 off-plan sales registered with the DLD show a median price of AED 1,016,000, or AED 1,227 per sq ft; 80% fall between AED 893,070 and AED 1,575,000. The developer's current prices are on its price list.
When will Rivo be completed?
In the DLD project register (as of 15/06/2026), the project is "pending", 0% complete, with a planned end date of December 31, 2027. The handover date is confirmed by the developer.
Who is the developer of Rivo?
The DLD register lists Grovy Homes Real Estate Development L.L.C (developer no. 1429), in a community developed by Dubai Land Residences (L.L.C).
What unit types are sold at Rivo?
Off-plan sales over the last 12 months cover: apartment · 1 bedroom (55), apartment · 2 bedrooms (14), apartment · 3 bedrooms (7), apartment · studio (6). Best-selling type: apartment · 1 bedroom, at a median AED 995,000 for 73 m².
Has the price per sq ft at Rivo changed?
The median off-plan price moved from AED 1,237 per sq ft in Q1 2026 to AED 1,240 in Q3 2026, based on DLD-registered sales.
How do I get the Rivo price list and payment plan?
Ask with the "Get the price list" button or on WhatsApp at +971 55 772 2710: a RERA-licensed Cevitas advisor sends you the available units, the developer's prices and the current payment plan, with no buyer commission on new launches.
Sources and method
Off-plan sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), residential sales registered off-plan ("Off-Plan Properties") from October 16, 2025 to October 16, 2026. Median price = middle registered price; range = 80% of sales (10th to 90th percentile). Price per sq ft = price / registered area (1 m² = 10.764 sq ft).
Developer, status, progress and dates: DLD "Projects" register (data.dubai) and "Developers" register (data.dubai), extract as of June 15, 2026. Progress is the figure from the latest DLD inspection on record; the end date is the one declared in the register and may be updated by the DLD.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), median annual rent of residential contracts over the last 12 months in the area.
Data published under the Dubai Open Data Licence and analysed by Cevitas Real Estate. They describe official transactions and an official register; they are not a valuation, a promise of return or investment advice. The developer's current prices are on its price list.