Grovy Homes Real Estate Development · Dubailand Residence Complex
Rivo
Registered prices
From 685,000AED
- Median
- 1,016,000
- Per square foot
- 1,227
What homes here actually registered at over the last two years, across 82 sales. Not a launch price and not an asking price. “From” is the fifth percentile, so one unusual transfer cannot move it.
Register your interestWhat each size costs here
| Size | From | Median | Sqft |
|---|---|---|---|
| Studio6 | 670,000 | 680,000 | 416 |
| 1 B/R55 | 891,800 | 995,000 | 788 |
| 2 B/R14 | 1,156,000 | 1,475,000 | 1,269 |
| 3 B/R7 | 1,792,890 | 1,917,000 | 1,756 |
Registered sales over the last two years. The small number next to each size is how many sales it is based on, and a size with fewer than six is left out rather than guessed at.
Rivo is a development of 133 registered units by Grovy Homes Real Estate Development in Dubailand Residence Complex, 7% built.
It was registered with the Dubai Land Department in 2025 and the completion date on the register is December 2027.
82 home sales have been registered here since 2026, all of them in the last twelve months. Over the last two years the cheapest homes registered from around AED 685,000, against a median of AED 1,016,000, or AED 1,227 per square foot.
Buyer payments for this project are held in an escrow account at Mashreq Bank Psc, as recorded by the Land Department. Money for an off-plan purchase should go to that account and nowhere else.
Where your money is held
Mashreq Bank Psc
The Land Department records this as the escrow account for Rivo. Payments for an off-plan purchase go there, never to a developer’s or an agent’s own account. Ask for the escrow account details in writing and check the bank name against this one.
On the register
Status
Under construction, 7% complete
Completion date on the register
Dec 2027
Registered units
133
Escrow bank
Mashreq Bank Psc
Registered with the Land Department
Nov 2025
Construction start on the register
Nov 2025
Home sales registered
82
82 in the last twelve months
Most recent registered sale
Aug 2026
DLD project number
4004
The last 8 registered sales
| Date | Beds | Price | Per sqft |
|---|---|---|---|
| Aug 2026 | 1 B/R | 955,000 | 1,258 |
| Aug 2026 | Studio | 680,000 | 1,677 |
| Aug 2026 | 1 B/R | 910,000 | 1,203 |
| Aug 2026 | 1 B/R | 990,000 | 1,301 |
| Aug 2026 | 1 B/R | 980,000 | 1,244 |
| Aug 2026 | 2 B/R | 1,530,000 | 1,206 |
| Aug 2026 | 1 B/R | 1,080,000 | 1,275 |
| Aug 2026 | 1 B/R | 1,040,000 | 1,267 |
Register your interest in Rivo
Tell us which side of the table you are on and we will come back with what has actually registered in Rivo, how its prices compare with Dubailand Residence Complex, and an introduction to somebody who works on this inventory.
Source: Dubai Land Department, Project Status register and the transaction register, project number 4004, registered to Grovy Homes Real Estate Development L.L.C. Prices are registered transaction prices for homes, excluding land and whole-building transfers, and are not asking prices. Completion dates and construction percentages are as published by the Land Department and can change. Nothing here is investment advice.
Dubai Diligence provides information for general informational purposes only and does not provide financial, investment, legal, or tax advice. Figures are derived from official and cited sources and are provided "as is" without warranty of any kind; errors and omissions are possible, and data may lag the underlying registries. Nothing here is a recommendation to buy, sell, or rent any property. Verify independently before making any decision. Believe something is inaccurate? Report it and we will review and correct promptly. See our Terms of Service.
