| Milestone | % of Property Value to be Paid | Payment Date | |
|---|---|---|---|
| Down Payment | 20% | - | |
| 1st Installment | 10% | September 2024 | |
| 2nd Installment | 5% | January 2025 | |
| 3rd Installment | 10% | June 2025 | |
| 4th Installment | 10% | November 2025 | |
| 5th Installment | 10% | April 2026 | |
| 6th Installment | 10% | September 2026 | |
| On Handover | 25% | August 2027 |
| Type | Area (sqft) | Price (AED) | Floor Plan |
|---|---|---|---|
| Type 1B - Unit G03 | 782 | - | |
| Type 1A - Unit G01 | 850 | - | |
| Type 1C - Unit 101, 202, 302, 402, 502, 602, 702, 802, 902 | 726 | 2.35M |
| Type 2S - Unit 808 | 1,284 | - | |
| Type 2N - Unit 301, 501, 701, 901 | 1,396 | - |
| Type | Area (sqft) | Price (AED) | Floor Plan |
|---|---|---|---|
| Type 4A - Unit 1001 | 4,390 | 12M |
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Currently, Bayut offers 11 off plan properties available in Riwa 1.
Off plan properties in Riwa 1 are available with prices ranging from AED 3,300,000 to AED 6,355,000.
According to the properties listed on Bayut, the average price of buying an off plan property in Riwa 1 is AED 5,492,739. Prices can go higher or lower than average depending on the type, size, and location of the property.
During the last 6 months, a -3% change in listed off plan property prices in Riwa 1 has occurred. This change can be due to the shifts in market conditions and new developments.
As per DLD's transactional records, 83 sales transactions for off plan properties have occurred in Riwa 1 in the past 12 months.
According to DLD's transactional records, off plan properties in Riwa 1 are sold for an average of AED 4,045,651. The prices of properties depend on the property's type, size, location, and available nearby amenities.
Off plan property prices in Riwa 1 experienced a +17% change according to DLD's transactional records. This change can be due to changing market conditions and new developments.
These agencies have the most extensive off plan property listings in Riwa 1 on Bayut:
