Rivo

Grovy Real Estate Developers · Dubai Residence Complex, Liwan · 133 homes · Under construction

A Grovy Real Estate Developers project under construction in Dubai Residence Complex, Liwan: 133 homes, 7% built, with completion promised for Q4 2027 on the register. Registered off-plan sales from Jul 2025 to Jun 2026 had a median of AED 1,225 per sqft.

Updated 27 Oct 2026
Due Q4 20277% built, as reported to the register
133 homesStudios, 1, 2, 3 and 4+ bedrooms
Dubai Residence Complex, LiwanDubai Land Department project 4004

Prices. Quarter by quarter since launch.

Launch quarter, Q1 2026AED 1,237/sqft
Median paid, Q3 2026AED 1,240/sqft
Sales, Jul 2025 to Jun 202646
Median paidLatest quarterLaunch quarter AED 1,237
1,2201,2301,240Q1 26: AED 1,237/sqft, 18 salesQ2 26: AED 1,223/sqft, 28 salesQ3 26: AED 1,240/sqft, 36 salesQ1 26Q2 26Q3 26
Every quarter as a table
QuarterMedian AED/sqftSales
Q1 20261,23718
Q2 20261,22328
Q3 20261,24036

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs today. Launch to today.

At launchTodayHandoverQ4 20277% builtunder constructionPrice / sqftAED 1,237AED 1,2251% under launch, off-plan median
Against the area. Median paid.
Rivo1,225
Dubai Residence Complex1,435
Liwan1,405

15% under the Dubai Residence Complex median.

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When will Rivo be completed?

The register declares completion for Q4 2027, and the project is reported 7% built.

What do homes in Rivo sell for?

From Jul 2025 to Jun 2026, 46 homes sold on the register at a median of AED 1,225 per sqft and AED 1.03M per home. By unit type: 1 BR AED 1.01M (29 sales), 2 BR AED 1.47M (10 sales). These are registered deeds, not the developer's price list.

Who built Rivo?

Grovy Real Estate Developers. The project is registered to Grovy Real Estate Developers on the Dubai Land Department register, which lists 5 projects for the developer in Dubai, 2 of them under construction.

How many homes are in Rivo?

133, as counted on the Dubai Land Department register. The declared mix: 14 studios, 69 1 BR, 30 2 BR, 14 3 BR, 6 4+ BR.

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