Project highlights

Area:Madinat Jumeirah Living
Property type:Apartment
Unit type:1BR, 2BR, 3BR, 4BR, Penthouse
Size:725 – 4,390
Payment plan:75:25
Handover:Q3 2027

Project Overview

Riwa by Meraas is a residential development within Madinat Jumeirah Living (MJL), Umm Suqeim, offering 1 to 3-bedroom apartments and 4-bedroom penthouses spanning approximately 725 sqft to 4,390 sqft. The development is designed with sleek, modern architecture and premium finishes, with select residences offering views of Burj Al Arab and the Dubai skyline. Riwa sits centrally between Al Wasl Road and Jumeirah Beach Road, 2 minutes from Sheikh Zayed Road, giving residents rapid access to Dubai's business and leisure hubs. The amenities programme includes an infinity pool, 360-degree gym, sky gardens, roof terrace, landscaped gardens, cycling and jogging trails, and dedicated children's play areas. MJL is a freehold-designated Meraas community within the historically leasehold Umm Suqeim district, offering foreign investors a rare ownership opportunity in this location. Prices start from AED 2.35 million with a 75/25 payment plan and handover expected in August 2027.

  • Unit Types: 1BR, 2BR and 3BR Apartments, 4BR Penthouse

  • Starting Price: AED 2,350,000

  • Payment Plan: 75/25 with 20% Booking

  • Handover: August 2027

  • Development: Multiple Buildings Within Madinat Jumeirah Living

  • Location: Umm Suqeim, 2 Minutes from Sheikh Zayed Road

  • Amenities: Infinity Pool, 360-Degree Gym, Sky Gardens, Roof Terrace

  • Distinction: Rare Freehold Ownership in Historically Leasehold Umm Suqeim, Burj Al Arab Views

  • Features: Cycling Trails, Health Care Centre, Outdoor Dining, Spa and Sauna

  • Developer: Meraas, Master Developer of City Walk, Bluewaters and La Mer

Why Invest in Riwa By Meraas

  • Rare freehold ownership opportunity within Umm Suqeim, a historically leasehold central Dubai district

  • Select residences with views of Burj Al Arab and the Dubai skyline

  • Infinity pool, 360-degree gym, sky gardens, roof terrace and landscaped parkland amenities

  • 2 minutes from Sheikh Zayed Road, 5 minutes from Mall of the Emirates and Dubai Media City

  • 8 minutes from Dubai Internet City, 15 minutes from Dubai Marina, 20 minutes from Dubai International Airport (DXB)

  • Meraas track record across City Walk, Bluewaters, La Mer and Dubai Harbour supports long-term resale and rental performance

  • 75/25 payment plan, 20% booking, 55% during construction, 25% at August 2027 handover

  • AED 2M Plus qualifies for UAE 10-Year Golden Visa for buyer and family

  • Freehold ownership, 100% foreign ownership permitted, zero income tax and zero capital gains tax

Location

  • Located in Madinat Jumeirah Living, Umm Suqeim, Between Al Wasl Road and Jumeirah Beach Road

  • Sheikh Zayed Road 2 Minutes Drive

  • Mall of the Emirates 5 Minutes Drive

  • Dubai Media City 5 Minutes Drive

  • Dubai Internet City 8 Minutes Drive

  • Dubai Marina 15 Minutes Drive

  • Dubai International Airport (DXB) 20 Minutes Drive

Amenities

Riwa at MJL blends city vibrancy with landscaped greenery, offering residents an amenities programme spanning wellness, family and leisure spaces set within Madinat Jumeirah Living's parkland.

  • Infinity Pool and Swimming Pool

  • 360-Degree Gym / Fitness Centre

  • Sky Gardens and Roof Terrace

  • Kids Park and Kids Play Area

  • Cycling Trails and Jogging Trails

  • Landscaped Gardens and Parks

  • Parks and Leisure Areas

  • Outdoor Dining Area

  • Retail and Dining Options

  • Spa and Sauna

  • Yoga and Meditation Area

  • Health Care Centre Within Community

  • Dedicated Parking Spaces

  • 24/7 Security

Floor Plan

  • 1 Bedroom (Type 1A, Building 1) - Size 877.15 Sqft, Price from AED 2,350,000

  • 1 Bedroom (Type 1A, Building 2) - Size 862.40 Sqft, Price from AED 2,350,000

  • 1 Bedroom (Type 1A, Building 3) - Size 862.51 Sqft, Price from AED 2,350,000

  • 2 Bedroom Apartment - Size on Request, Price from AED 3,150,000

  • 3 Bedroom Apartment - Size up to 4,390.38 Sqft, Price up to AED 6,060,000

  • 4 Bedroom Penthouse - Size on Request, Price on Request

Price & Payment Plan

  • Payment Plan: 75/25

  • On Booking: 20%

  • During Construction (1st to 6th Instalment): 55%

  • On Handover: 25% (100% Completion, August 2027)

ROI and Investment Analysis

Market Snapshot

  • Riwa sits within Madinat Jumeirah Living, a freehold-designated Meraas community in the historically leasehold Umm Suqeim district, offering a rare foreign-ownership entry point in this location

  • Meraas is the master developer behind City Walk, Bluewaters, La Mer, JBR The Beach, Dubai Harbour and BVLGARI Residences, with a track record of high occupancy and resale performance

  • MJL's location between Al Wasl Road and Jumeirah Beach Road, 2 minutes from Sheikh Zayed Road, anchors the development to established, high-demand central Dubai districts

  • Verified district-wide transaction volume, price-per-sqft and rental yield data for MJL/Umm Suqeim could not be confirmed from official sources at time of writing (N/A)

Rental Yield

  • Projected rental yield data for Riwa and MJL could not be verified from official sources at time of writing (N/A)

  • Demand is expected to be supported by proximity to Mall of the Emirates, Dubai Media City, Dubai Internet City and Sheikh Zayed Road employment corridors

  • Burj Al Arab and skyline views on select units are likely to command rental premiums, though no verified figures are available

Capital Appreciation

  • Umm Suqeim is a well-established, high-value central Dubai location historically restricted to leasehold tenure, with MJL representing one of the few freehold entry points

  • Meraas track record across City Walk, Bluewaters and La Mer shows consistent post-handover appreciation in its design-led communities

  • August 2027 handover gives buyers a construction-period appreciation runway from today

  • Verified district-wide capital appreciation percentage for MJL/Umm Suqeim could not be confirmed from official sources at time of writing (N/A)

Price Per Sqft Value

  • At AED 2.35M for a 1BR (approx. 862 to 877 sqft) in a rare freehold Umm Suqeim address, entry pricing reflects the location's scarcity value

  • 75/25 plan with 20% booking and 55% spread across six construction instalments provides manageable cash flow through to August 2027 handover

  • Verified district-wide average price per sqft could not be confirmed from official sources at time of writing (N/A)

Key Risk to Note

  • 25% due at August 2027 handover requires mortgage or liquidity planning in advance

  • UAE residents access up to 80% LTV mortgages, non-residents up to 50% LTV, per standard UAE bank lending terms

  • UAE banks generally offer off-plan mortgage pre-approval up to 24 months in advance of handover

  • As a new launch, Riwa does not yet have a resale or rental performance track record of its own within MJL

FAQ

Q1. What makes Riwa unique in Madinat Jumeirah Living?

Riwa offers a rare freehold ownership opportunity within Umm Suqeim, a historically non-freehold area, with select residences enjoying views of Burj Al Arab and the Dubai skyline, combined with landscaped parkland, an infinity pool and a 360-degree gym.

Q2. How do I handle the 25% payment at handover?

The 75/25 plan requires 20% on booking, 55% across six instalments during construction, and 25% on handover in August 2027. UAE residents can access up to 80% LTV mortgages, non-residents up to 50% LTV, and UAE banks typically offer off-plan pre-approval up to 24 months in advance.

Q3. Will property values appreciate?

Umm Suqeim is a well-established, high-value central Dubai location with limited freehold supply. Verified district-wide capital appreciation figures for the current period could not be confirmed from official sources; buyers should request the latest data from a sales representative.

Q4. What rental income can I expect after handover?

Verified rental yield data for Riwa could not be confirmed from official sources at time of writing. Demand is expected to be supported by proximity to Mall of the Emirates, Dubai Media City, Dubai Internet City and Sheikh Zayed Road.

Q5. Who is Meraas?

Meraas is a Dubai master developer known for design-driven, lifestyle-focused communities including City Walk, Bluewaters, La Mer, JBR's The Beach, Dubai Harbour and BVLGARI Residences.

About Developer

Meraas, founded in 2007 and now part of Dubai Holding, is a leading developer known for creating lifestyle destinations that blend modern design, leisure, and community living. The company has delivered iconic developments such as City Walk, Bluewaters Island (home to Ain Dubai), La Mer, Jumeirah Bay Island, and Port de La Mer. Meraas focuses on urban luxury and experiential living, offering projects that combine residential, retail, hospitality, and entertainment. Known for innovative architecture, prime locations, and vibrant community concepts, Meraas developments provide residents and investors with exceptional lifestyle value and strong appreciation potential in Dubai’s most sought-after areas.
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Investment Calculator

Projected return of AED 3,791,080 in 5 years
InvestmentAED 2,350,000
Total rental incomeAED 646,250
Value appreciationAED 794,830
3,791,0802,843,3101,895,540947,7700
2027
2028
2029
2030
2031
Investment Amount2,350,000
50,0007,050,000
Annual Rental Yield5.5%
1%15%
Annual Appreciation6%
1%20%

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