2 projects
License expires Aug 2027

RIVIERA PROPERTIES DEVELOPMENT

License #764830 · Registered 2016 · 50% avg completion
01Developer verdict
CONDITIONAL BUY
1 completed, 1 under construction. Verify delivery history before committing. Average yield 5.1%. Best performer: La-Riviera Apartments (#1531). License renewal due Aug 2027 — verify before committing to under-construction projects.
Top projects by rank: La-Riviera Apartments (#1531)
02Key numbers
Total projects
2
DLD registered
Completed
1
50% done
Under construction
1
in progress
Avg yield
5.1%
on par / above
Sales (12m)
13
transactions
Rent contracts (12m)
58
strong demand
Occupancy
40%
58 / 146 units
Best rank
#1531
La-Riviera Apartments
03Portfolio breakdown
2
projects
Completed1
Under construction1
Pending0
Recent completion track record
La-Riviera Apartments
finished
Nineteen Riviera Lagoon
2027
04Risk assessment
05Project portfolio — top performers
ProjectRankYieldGrowthTotalAED/m²
La-Riviera ApartmentsfinishedAl Barsha South Fourth#15317.4%——9.677Analyze project →
Nineteen Riviera LagoonactiveWadi Al Safa 3————24.215Analyze project →
View all 2 projects in bot →
06Before you buy from this developer
critical
Verify license renewal plan
License #764830 expires Aug 2027. Confirm renewal status before any commitment on active/pending projects.
verify
Check escrow account status
Verify financial guarantees and milestone payment structure for under-construction projects. Confirm funds are in RERA-regulated escrow.
verify
Confirm construction schedule
For active projects: verify current construction progress vs stated completion percentage. Request latest project timeline from developer.
context
Overall risk: MEDIUM
RIVIERA PROPERTIES DEVELOPMENT has 1 completed projects. Completed projects carry lower developer risk than off-plan.

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