Apartment for Sale in Madinat Dubai Al Melaheyah by Vakson First Property Development

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Off Plan

Riva Residence

Vakson First Property Development
Riva Residence, Dubai Maritime City, Dubai
Apartment
53.62% Completed

About Property

Discover Luxurious Living at Riva Residence, Dubai Maritime City

Experience the pinnacle of modern living at Riva Residence, a prestigious development by Vakson Group nestled in the heart of Dubai Maritime City, Dubai. This exceptional residential complex offers a harmonious blend of luxury, convenience, and breathtaking waterfront views, perfectly tailored to elevate your lifestyle.

Riva Residence boasts a stunning collection of spacious and elegantly designed apartments, ranging from 1, 2, and 3-bedroom configurations. Each residence is meticulously crafted with high-quality finishes, ensuring a sophisticated and comfortable living environment. Enjoy the convenience of a fully equipped kitchen, perfect for culinary enthusiasts, and floor-to-ceiling windows that flood your home with natural light and offer panoramic views of the stunning Dubai skyline and the vibrant waterfront. These expansive windows not only enhance the aesthetic appeal but also create a seamless connection between indoor and outdoor living.

Unparalleled Amenities for a Life of Leisure:

Riva Residence is designed to cater to every aspect of your well-being, offering an extensive array of world-class amenities. Residents can indulge in a refreshing swim in the sparkling infinity pool or relax by the dedicated children's pool. Stay in top shape at the state-of-the-art health club, equipped with the latest fitness equipment. The complex also features a fully equipped gym, a stylish lounge area perfect for socializing, and a versatile multi-purpose room for events and gatherings. Enjoy family time at the dedicated barbecue area or let your children explore their imaginations at the children's playground. For professionals, a well-equipped business center provides a convenient and productive workspace.

  • Pets Allowed: Welcome your furry friends to join your luxurious lifestyle.
  • Concierge Service: Enjoy the convenience of personalized assistance and exceptional service.
  • Kids Play Area: A safe and fun environment for children to play and socialize.

Prime Location and Connectivity:

Dubai Maritime City is a thriving hub strategically located near Port Rashid, offering easy access to major urban amenities and transportation links. Residents of Riva Residence will find a wealth of shops, restaurants, and entertainment options right at their doorstep. Explore nearby shopping destinations, including the iconic Dubai Mall, Ibn Battuta Mall, and City Walk, catering to a diverse range of retail and entertainment needs. Indulge in a culinary journey with a variety of restaurants, from traditional Emirati cuisine to upscale international dining experiences, particularly in the vibrant Port Rashid area. Riva Residence offers a lifestyle of unparalleled convenience and connectivity.

Price Range: Apartments at Riva Residence are available from 2,166,000 to 6,490,000 AED, offering a range of options to suit your budget and preferences.

Embrace the Riva Residence lifestyle and discover a world of luxury, convenience, and unparalleled living in Dubai Maritime City. Contact us today to learn more and schedule a viewing!

Is This Home Your Lifestyle Match?

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Amenities

Pets Allowed
Pets Allowed
Concierge Service
Concierge Service
Kids Play Area
Kids Play Area

Location

Riva Residence, Dubai Maritime City, Dubai

Expected ROI

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Finishing examples

Why Invest in Dubai?

High Rental Income

Dubai real estate offers lucrative rental yields for property investors.

Tax-Free Investing

Dubai has no income or property taxes, allowing your investments to grow tax-free.

World-Class Education

Dubai has prestigious international schools for top-notch education.

Safe and Secure

Dubai offers safety and stability for families and investors.

Lifestyle & Leisure

Dubai offers abundant amenities and entertainment for an enjoyable lifestyle.

Residency Benefits

Investing in Dubai real estate enables residency for your family.

Frequently Asked Questions

What is Kyna and how does it differ from other real estate platforms in Dubai?

Kyna is a unique real estate platform in Dubai that places a strong emphasis on transparent and genuine guidance for investors. Here’s how Kyna stands out:

  • Genuine Guidance: Kyna focuses on building real relationships, assisting investors at every turn.
  • Transparent Pricing: Prioritizing affordability, Kyna ensures no hidden costs and maximizes your savings.
  • Bespoke Tours: Tailored real estate tours and insightful investment advice for informed decisions.
  • AI-Powered Insights: Advanced AI tools speed up searches and offer insights into current and future property values.
  • Data Trustworthiness: Kyna's commitment ensures your personal information remains confidential and secure.
  • Visa Assistance: Simplifying the process, Kyna aids clients in obtaining their Dubai residential visas.

What are the regulations for owning property in Dubai as a foreigner?

Foreign nationals can own property in designated freehold zones in Dubai. They can secure absolute ownership rights for up to 99 years without leasehold or usufruct obligations. Title deeds are issued by the Dubai Land Department, and there are no age restrictions on property ownership. Notable freehold areas include Business Bay, Downtown Dubai, Discovery Gardens, Palm Jumeirah, and DIFC Dubai.

Are there any restrictions on the types of properties foreigners can buy in the UAE?

Foreign nationals can buy property with complete ownership rights in designated freehold zones. In other areas, they may only have tenancy rights over the physical structure. Freehold property owners may also be eligible for the UAE Golden Visa. It is advisable to seek independent legal and tax advice before making any decision.

How does the property buying process in Dubai differ from other emirates in the UAE?

In Dubai, property buyers must validate the property title deed with the Dubai Land Department (DLD) before registering the property. Costs involved include transfer fees, registration fees, and service charges. There are specific laws governing property ownership by foreign nationals. Understanding financing laws, mortgage requirements, and lease agreements is crucial. It is recommended to seek independent legal and tax advice.

What are the key benefits of investing in property in Dubai or the UAE?

Key benefits include:

  1. Stable and growing economy
  2. Tax advantages (no personal income tax, no capital gains tax)
  3. High rental yields
  4. High standard of living
  5. Continuous infrastructure development
  6. Freehold ownership for foreigners
  7. Diverse property types
  8. Status as a global business and tourist hub
  9. High-quality real estate
  10. Potential eligibility for residency or long-term visas
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