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Off-Plan · Handover Mar 2029
Riviera Residences Tower 1
Off-PlanHandover Mar 2029
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Riviera Residences Tower 1

Launch price AED 2.89M*

*Prices, availability, and purchase conditions may change frequently. Contact SKID on WhatsApp for the latest verified unit availability and pricing.

Developer

Key information

Delivery date
Mar 2029
Location
Abu Dhabi, Al Reem Island, Riviera Residences Tower 1
Payment plan
10/35/5/50 (post-handover)
Property types
Apartment
Government fee
2% + AED 1,095 admin
Ownership type
Freehold
Starting price / sq.ft
AED 3,095 / sq.ft
Unit sizes
From 935 sq.ft
SKID score
7.4 / 10 (Worth comparing)

Similar projects like this

Payment plan

10%

Down payment

AED 289K

At sales launch

35%

During construction

AED 1.01M

Construction milestones

5%

On handover

AED 145K

Mar 2029

50%

Post-handover

AED 1.45M

After completion

Published milestone schedule · Payment Plan

5%5% · AED 145K
5% + 2% ADGM + 1095 AED Admin fees5% · AED 145K
5%5% · AED 145K
5%5% · AED 145K
5%5% · AED 145K
5%5% · AED 145K
5%5% · AED 145K
5%5% · AED 145K
5%5% · AED 145K
5%5% · AED 145K
50%50% · AED 1.45M

Project timeline

  1. Project announcement

    Mered official release

  2. Booking & registration

    Open for unit reservation

  3. Construction phase

    Active development

  4. Expected completion

    Mar 2029

About the project

Worth comparing.

The evidenced factors are mixed.

Riviera Residences Tower 1 is the first phase of the prestigious coastal residential complex on Al Reem Island in Abu Dhabi from the developer Mered, which is one of the two towers of the complex. The facade of the building stands out for its innovative design with wavy lines and spectacular finishes made of iridescent materials. The building has an impressive ground floor, combining buildings of different heights with a number of floors from 27 to 35. The residences are offered in various configurations: apartments with 1-3 bedrooms, duplexes, penthouses and villas with a number of bedrooms from 3 to 4. The complex offers a wide range of amenities: pools, including a children's pool, indoor and outdoor gyms, crossfit and yoga areas; a spa center, indoor and outdoor cinemas. Residents have access to private beaches and a marina with places for yachts, an embankment with a promenade, restaurants, cafes and boutiques. The complex is perfectly located. 5-15 minutes away — beaches, Reem Mall, The Galleria, Sorbonne University; 20 minutes away — Yas Island (Ferrari World, Warner Bros.World). Abu Dhabi International Airport is half an hour away, and Dubai is about 1 hour away by highway.

23 competing off-plan launches tracked in Al Reem Island — potential handover competition

SKID tracks 23 competing off-plan launches in Al Reem Island. While phased handovers and district demand may absorb new inventory, a concentrated pipeline increases potential competition among resale buyers at handover.

Amenities

  • Adults’ Pool
  • Arctic Pool
  • Bar
  • Basketball Court
  • Beach Access
  • Beach Club

Units

from developer

1 BR

Floor plan not published by source

935 sq.ft · AED 3,095 / sq.ft

From AED 2.89M

2 BR

Floor plan not published by source

Size on request

Price on request

3 BR

Floor plan not published by source

Size on request

Price on request

Floor plans & layouts

Floor plans not yet published by developer

Request the latest developer brochure and unit floor plan sheets on WhatsApp.

Request floor plans

Price comparison & DLD history

8-Factor Evidence Breakdown

5/8 factors backed by verified evidence (58% weight coverage) · skid-geo-v3.0-8factor

7.4/ 10
Historical DLD Transaction Context

Insufficient evidence — comparable sales benchmark unavailable

Insufficient evidence

Not enough nearby closed sales yet for a historical DLD comparison

Without at least 3 recent closed sales of the same residential property type in this neighborhood, you cannot verify whether the developer's asking price is above or below market. Request recent transfer deeds in adjacent buildings before paying a booking deposit.

1. Published Asking Price

AED 3,095 / sq.ft.

AED 2,894,384 starting price · 935 sq.ft.

2. Historical Nearby Closed Sales

Not yet available

Recorded closed sales in this area

3. Spread vs Historical Median

—

Compared with recorded nearby sales

Get an available quotation

Select a verified unit bucket to inspect published pricing and payment milestones.

Down payment10%

AED 289K

At booking

During construction35%

AED 1.01M

Construction milestones

On handover5%

AED 145K

Handover Mar 2029

Post-handover50%

AED 1.45M

After completion

View full 8-factor score breakdown & recent DLD sales

Key takeaways before you buy

Plain-language summary of pricing, payment terms, and delivery outlook

Bottom Line

23 competing off-plan launches tracked in Al Reem Island — potential handover competition

SKID tracks 23 competing off-plan launches in Al Reem Island. While phased handovers and district demand may absorb new inventory, a concentrated pipeline increases potential competition among resale buyers at handover. (Potential Risk · Estimate — Potential Supply Risk)

Competing Supply (Potential Risk)
23 Launches

23 competing off-plan launches tracked in Al Reem Island — potential handover competition

SKID tracks 23 competing off-plan launches in Al Reem Island. While phased handovers and district demand may absorb new inventory, a concentrated pipeline increases potential competition among resale buyers at handover.

Why this matters: Future supply impact is a potential risk rather than a certainty: if multiple towers deliver in the same window, sellers may face longer marketing times or more competitive secondary resale pricing.

Developer Track Record (Incomplete Data)
History Incomplete

Incomplete historical delivery data for Mered in catalog

Mered is named on the launch, but SKID currently has 0 verified past-handover completion records in its catalog to evaluate historical on-time delivery performance.

Why this matters: An incomplete catalog record does not necessarily mean a developer has no prior projects elsewhere, but it introduces uncertainty—rely on verified ADREC construction escrow milestones and independent due diligence.

Handover Horizon (Potential Risk)
~2.9 Yrs (2029-03)

Estimated ~2.9-year horizon until 2029-03 target handover (~35 months)

Target completion is scheduled for 2029-03. SKID does not assume or predict developer delays, but a ~2.9-year construction window carries potential schedule and market-cycle exposure.

Why this matters: Capital committed during construction remains illiquid until handover, and multi-year timelines carry potential exposure to contractor pacing, phased delivery, and market shifts.

SKID intelligence

How does this project compare across all 8 factors?

Evidence Coverage
5/8 factors (57.6%)
Methodology
skid-geo-v3.0-8factor
How SKID scores & compares projects

Last evaluated: 2026-11-02

Strong

  • • Waterfront or beach positioning
  • • 55% of the price is due at or after handover, keeping strong buyer leverage until completion
  • • Handover sits in a typical 1–3 year off-plan window

Watch

—

Risk

  • • Heavy competing supply: 23 other launches in Al Reem Island
  • • Service charge published at 19
See all 8 scoring factorsWhy SKID gave it 7.4

Why SKID gave it 7.4

Location

Weight: 42.1%

8.7/ 10

Waterfront or beach positioning

Entry price

Weight: 18.2%

Insufficient evidence (N/A)

No verified same-emirate transaction registry benchmark available for this emirate

Developer

Weight: 18.2%

Insufficient evidence (N/A)

Insufficient evidence (N/A)

Supply / competition

Weight: 21.1%

3.6/ 10

Heavy competing supply: 23 other launches in Al Reem Island

Payment plan

Weight: 21.1%

8.4/ 10

55% of the price is due at or after handover, keeping strong buyer leverage until completion

Delivery risk

Weight: 10.5%

8.6/ 10

Handover sits in a typical 1–3 year off-plan window

Exit liquidity

Weight: 6.1%

Insufficient evidence (N/A)

Insufficient evidence (N/A)

Service charges

Weight: 5.3%

5.5/ 10

Service charge published at 19

Location

Abu Dhabi, Al Reem Island, Riviera Residences Tower 1

Interactive map ready (1 verified location)

· Al Reem Island, Abu Dhabi
View project

Living in Al Reem Island

Historical DLD Median

Area benchmark

Historical DLD Sample

DLD area records

Ownership

Freehold

Frequently asked questions

Is Riviera Residences Tower 1 a good off-plan investment in Al Reem Island?

Riviera Residences Tower 1 in Al Reem Island (Abu Dhabi) scores 7.4/10 (compare) on the independent SKID 8-factor off-plan model across 58% evidenced factor weight. Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: location. Weakest: supply. Reviewed by SKID Investment Research Engine (as of 2026-11-02).

Who is building Riviera Residences Tower 1?

Mered is the developer named on this launch.

When is handover for Riviera Residences Tower 1?

The published handover is Mar 2029.

What is the starting price of Riviera Residences Tower 1?

The published starting price is AED 2.89M.

What does the SKID screen mean for Riviera Residences Tower 1?

The SKID screen for this launch in Al Reem Island is 82 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.

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