Madinat Jumeirah Living: next to a resort, but not inside it
A residential quarter opposite a major resort complex. Proximity delivers a great deal — and it is worth separating what proximity gives from what your documents give.
Riwa
Part of Madinat Jumeirah Living
Madinat Jumeirah Living · Meraas Holding
Project factsheet
Storeys 11
Units in the building 244
Developer Meraas Holding
Status Under development
District Madinat Jumeirah Living
About the building
Located in Madinat Jumeirah Living. Developer — Meraas Holding. Architect — Al Gurg.
Specifications for Riwa per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
About the project
Riwa is a residential complex of several buildings in Madinat Jumeirah Living, currently under construction.
The developer is Meraas Holding. The architecture is by Al Gurg.
The complex holds 244 apartments in total. The tallest tower rises 11 storeys.
The database currently holds 3 lots in this project, from 2 250 000 AED; 1 of them priced below the market, the deepest discount 4%.
Eleven storeys and 244 residences from Meraas in Madinat Jumeirah Living, under construction. AED 3,585/ft².
What it is
Riwa is a residential complex by Meraas Holding on 11 storeys with 244 residences in Madinat Jumeirah Living. Status: under construction.
Our stock has a unit of about 689 square feet for AED 2.47 million, AED 3,585/ft².
The second building, Riwa Building 2, with 79 residences, runs at AED 4,537/ft² — 27% pricier at a similar unit size.
Dubai's city districts: median and price per square foot
MJL sits eighth in the city table, pricier than the Marina and Creek Harbour.
| District | Median, million | AED per ft² | Lots |
|---|---|---|---|
| Bluewaters | 10.70 | 6717 | 149 |
| Emaar Beachfront | 5.60 | 4633 | 99 |
| DIFC | 6.50 | 4086 | 16 |
| Downtown | 4.70 | 3459 | 366 |
| Business Bay | 3.70 | 3635 | 368 |
| Al Wasl | 4.40 | 3286 | 33 |
| Central Park | 4.25 | 3261 | 24 |
| Madinat Jumeirah Living | 3.59 | 3208 | 33 |
| Dubai Marina | 3.80 | 2580 | 266 |
| Dubai Creek Harbour | 3.80 | 2772 | 117 |
| Dubai Hills Estate | 3.62 | 2617 | 108 |
| Dubai Media City | 2.44 | 2435 | 10 |
| Sobha Hartland | 2.70 | 2241 | 111 |
| Al Jaddaf | 1.90 | 2172 | 12 |
| Expo City | 6.45 | 2002 | 24 |
| JVT | 0.89 | 1848 | 22 |
| Dubai Land | 1.28 | 1770 | 10 |
| Majan | 0.97 | 1618 | 12 |
| Arjan | 1.15 | 1614 | 36 |
| Al Furjan | 4.45 | 1604 | 82 |
| JVC | 1.24 | 1474 | 276 |
Our stock as of 28 August 2026. The median is the price of the middle lot; price per square foot is calculated only for lots with a verified area. The gap between the top and bottom of the table is 4.6x per square foot.
Twenty-seven percent between the two buildings
Madinat Jumeirah Living in our database: 33 lots, median AED 3.59 million at AED 3,208/ft².
The two Riwa buildings, at almost the same unit sizes (689 and 724 square feet), diverge by 27%. Area doesn't explain the gap here.
What's left is the building's position within the quarter and the floor. MJL faces the hotel complex, and a view over its rooftops and greenery from the upper floors carries real value.
The practical rule for this quarter: check the building number and the aspect. The spread between neighbouring buildings here is bigger than the gap between many entire districts.
Propsearch passport: 11 storeys, 244 residences, developer Meraas Holding, status "under construction". Our stock as of 28 August 2026: the project's lot (area, price, price per square foot), Riwa Building 2 data, MJL and city-district medians and price per square foot.
Where it is
Lots in this project — 3
Handover payment
A mortgage covers the final instalment
The final payment on this building falls in 2027 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.
- Up to 80% of the appraised value, no extra down payment
- 3.99% fixed for three years, up to 25 years in term
- 6–12 months before the keys — the bank wants six months of income history
Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.
Ask on WhatsAppFrequently asked about Riwa
Who is the developer of Riwa?
Meraas Holding. The architecture is by Al Gurg.
How many floors does Riwa have?
11 — that is the tallest building of the complex. The complex has 244 apartments.
When is Riwa handed over?
The project is under construction. I check the exact date for a particular unit in the contract before the deal.
Where is Riwa?
Madinat Jumeirah Living. Madinat Jumeirah Living: a low-rise Arabesque community opposite Burj Al Arab, and one of the few genuinely walkable places in Dubai.
How much does an apartment in Riwa cost?
The database currently holds 3 lots in this project, from 2 250 000 AED; 1 of them priced below the market, the deepest discount 4%. The list changes daily — I will send a fresh selection for the building on request.
In the news
What has been written about the building, its developer and Madinat Jumeirah Living
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Where this project stands today
I will tell you which layouts are available now, what entry really costs and what the people who live in or let the building think of it — no marketing language.
Ask a question
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