DLD open data through 22 October 2026 · updated weeklyIndependent: no developer or broker pays to appear or to rank.
ZoneIQ

Rivo

Under construction

by Grovy Homes Real Estate Development · Dubai Land Residence Complex

Updated 22 October 2026 · Source: DLD open data · Information, not financial advice. Not an official DLD product.

The median sale price in Rivo is AED 1.02M (AED 1,227 per sqft), 13% below the Dubai Land Residence Complex median of AED 1,417 per sqft, from 82 sales in the last 12 months. It is 7% built, with handover planned for Dec 2027. The escrow account is at Mashreq Bank Psc.

Build progress7%
Planned handoverDec 2027
Units133
Median priceAED 1.02Mmiddle half AED 952K to AED 1.15M
Price / sqftAED 1,227area median AED 1,417
Sales, 12 months8282 since launch

Schedule check

Built7%
Planned time used45%

Build progress is 38 pts behind the share of time used.

Progress gap compares build progress with the share of planned time already used. A project 40% built after using 60% of its planned time shows -20 pts.

Registry details

Project number4004
Escrow bankMashreq Bank Psc
Start date1 November 2025
Registered11 November 2025
DLD areaWadi Al Safa 5

Compare with other projects in Dubai Land Residence Complex

ProjectDeveloperStatusMedian pricePrice / sqftSales
RivoGrovy Homes Real Estate Development7%AED 1.02M1,22782
The CornerArabian Gulf Properties38%AED 1.11M1,08995
Verdania 1Obj1 Real Estate Development17%AED 741K1,38391
Cove Edition Residence 5 By ImtiazImtiaz Real Estate Investment & Development26%AED 686K1,72386
Arlington Park By MajidMajid Developments6%AED 727K1,57978
Khk 31Khk Realestate Development26%AED 605K1,58271
Celesto Tower 2Tarrad Development0%AED 784K1,46069

Areas: Dubai Land Residence Complex

Questions buyers ask

How much does a home in Rivo cost?

The median DLD sale price is AED 1.02M (AED 1,227 per sqft), from 82 sales in the last 12 months. The middle half of sales ran from AED 952,000 – AED 1.15M.

When is the handover of Rivo?

The DLD registry shows a planned completion date of Dec 2027. Build progress is 7%. Build progress is 38 pts behind the share of time used.

Who is the developer of Rivo?

Grovy Homes Real Estate Development. The DLD registry lists 1 projects by this developer, 0 of them completed.

Ask before you buy off-plan

  • Is the project registered with DLD and is the escrow account in the developer's name at the bank shown here?
  • What share of the price must be paid before the developer allows resale?
  • What does the sale agreement say about delay compensation and the latest handover date?
  • Is the payment plan linked to construction milestones or to calendar dates?
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Source: DLD project registry and sales, via Dubai Data. Data through 22 October 2026. Registry dates can lag official extensions. Source · ZoneIQ gives information, not financial or investment advice. Figures are medians and estimates. Check any unit yourself before you commit.