Modern freehold residences in MJL with high capital growth.
Riwa is the newest addition to the Madinat Jumeirah Living master development, characterized by a contemporary architectural ethos and sleek facades. The project features bright, refined, and expansive living spaces ranging from 1 to 3-bedroom apartments and 4-bedroom penthouses, with sizes spanning from 725 sq ft to over 4,390 sq ft. Residents benefit from a central location between Al Wasl and Jumeirah Beach Roads, enjoying lush green landscapes and exclusive views of the Burj Al Arab.
Madinat Jumeirah Living (MJL) represents one of the few freehold communities in the prestigious Jumeirah district, driving significant demand from both international investors and expatriate residents. The median ROI for 1-bedroom units in this specific segment typically ranges between 6.5% and 7.5%, supported by the area's proximity to major tourism hubs and business districts. Rental values in MJL are robust, with 1-bedroom units commanding an average annual rent of approximately AED 130,000 – AED 150,000. The project's location adjacent to the Burj Al Arab and Souk Madinat Jumeirah ensures sustained capital appreciation and high occupancy rates.
Investors benefit from a 75/25 payment plan, requiring a 20% down payment on booking. The plan includes staged installments totaling 55% during the construction phase, with the final 25% balance payable upon handover in August 2027.
Fitness & WellnessThe development includes well-equipped fitness centres and shimmering swimming pools designed for relaxation and active living.
Green SpacesExpansive parkland and lush green promenades surround the residences, creating a serene environment immersed in nature.
Family FacilitiesThe community features dedicated play areas and a sports park, catering to families and providing recreational options for all ages.
Infinity pool
A range of cafes and gourmet restaurants are located near the residential complex
F&B services
A range of cafes and gourmet restaurants are located near the residential complex
Meraas is dedicated to enhancing Dubai’s global real estate position through a diverse portfolio of master developments. They are responsible for iconic destinations such as Port de La Mer, Bluewaters Residences, and BVLGARI Residences, valuing sophistication and innovation to deliver exceptional experiences.
Riwa is centrally located between Al Wasl Road and Jumeirah Beach Road, offering exceptional connectivity. It is a 2-minute drive to Sheikh Zayed Road, ensuring rapid access to Dubai's key business and leisure hubs. The development serves as a quiet sanctuary that remains close to the vibrant energy of the city.
Residents have immediate access to world-class retail and dining options within a short drive.
The location provides convenient access to reputable educational institutions and healthcare facilities.
The project is deeply integrated with Dubai's cultural and tourism landmarks.
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Metropolitan Group is a prominent leader in the UAE real estate market, with 16 years of experience and a stellar reputation. With offices in Dubai, Abu Dhabi, Ras Al Khaimah, and Vienna, we are committed to providing clients with exceptional service and a professional approach.
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