Deyaar Development, the Dubai-based property developer, has told Dubai Financial Market (DFM) that Rivage, its first residential project in Abu Dhabi, is completely sold.
Located on Al Reem Island, Rivage will offer 1-, 2- and 3-bedroom apartments, apart from Sky Villas and Sky Palaces. The starting price of the 1-bedroom apartment is AED1.18 million ($320,000).
In a statement, Deyaar said: “The rapid sell-out reflects the overwhelming demand from both investors and homebuyers. The sales event attracted exceptional attendance, underscoring the strong interest in the project. This exciting addition to Deyaar’s portfolio is poised to significantly contribute to the economic growth of Abu Dhabi.”
The project has been designed to cater to both investors seeking lucrative opportunities and families looking to live in a vibrant community. With its strategic location and amenities, the development has captured the interest of a wide demographic of buyers.
The estimated handover of the project is expected in the fourth quarter of 2027.
Among some of the features that can be found in Rivage are daylight integration, energy efficiency, home automation and indoor air quality. The resort-style complex will have horizon pool, mangrove spa, Rivage Club, Grove Gardens and sky terrace.