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1-bed · 471 sqftReva Residences, Business Bay · 11th floor · completed 2022

1107, Reva Residences

Sold prices and rental history: sold 3 times, last in April 2024, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1107 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 1.03M15 April 2024
Current rentAED 81K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1107, Reva Residences

What is 1107 worth today?

Last sold for AED 1,025,000 in 2024

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20 Nov 2024RentedRenewal
AED 81,000/yr12 months · AED 175 per sqft
15 Apr 2024SoldReady
AED 1,025,000AED 2,174 per sqft
20 Nov 2023SoldReady
AED 850,000AED 1,802 per sqft
24 Dec 2018Sold by developerOff-plan
AED 776,160AED 1,674 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 November 2024.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
11th of 27
Parking
G-13
Developer
DAMAC
Completed
2022
Service charge
AED 11,700 /yr
Last sold
AED 1.03M · April 2024
Building
Reva Residences

About 1107, Reva Residences

1107 is a one-bedroom apartment of 471 sqft on the 11th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 15 April 2024 for AED 1,025,000, or AED 2,174 per sqft, 13% above the AED 1,928 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 November 2024. The current contract, renewed on 20 November 2024, is AED 81,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 11,700 a year.

Sales and rents for 1107 over time

Sales
Unit 1107, each saleTypical one-bed in Reva Residences
800K1M20182020202220242026Typical sale price by year: 2018 AED 800,000; 2019 AED 813,000; 2020 AED 860,000; 2021 AED 792,000; 2022 AED 858,500; 2023 AED 850,000; 2024 AED 1,000,000; 2025 AED 1,020,000Sold by developer, December 2018: AED 776,160 (AED 1,674 per sqft)Sold, November 2023: AED 850,000 (AED 1,802 per sqft)Sold, April 2024: AED 1,025,000 (AED 2,174 per sqft)

1107 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1107, each contractTypical one-bed in Reva Residences
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 80,000Renewal, November 2024: AED 81,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Reva Residences, and where 1107 sits

All 449 1-beds →

1107 last sold in April 2024 at AED 2,174 per sqft, 13% above what one-beds in Reva Residences were fetching at the time (AED 1,928). Over the last 12 months one-beds sold for AED 480,000 to 1,150,000, around AED 2,147 per sqft, and rent for AED 51,975 to 115,500 a year. 1107's AED 81,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Jan 20261,020,000
25 Dec 20251,090,000
23 Dec 20251,080,000
16 Dec 2025480,000
11 1-bed sales in the last 12 months

Reva Residences

Building

600 apartments, 1-bed to 2-bed over 27 floors in Business Bay, completed in 2022 by DAMAC. 18 sold in the last 12 months.

Typical price per sqft
AED 1,952 Down 8.0%
Typical sale
AED 1.05M
Typical rent
AED 80K /yr
Typical yield
8.2%
Reva Residences, Business Bay: prices, sales and rents →

Other units on the 11th floor

All 600 units in Reva Residences
Value
11011-bedAED 872K · Nov 2022
11021-bedAED 1M · Feb 2025
11032-bedAED 1.28M · Jun 2020
11042-bedAED 1.38M · Apr 2022
11051-bedAED 934K · Jul 2022
11061-bedAED 828K · Mar 2019
11081-bedAED 935K · May 2024
1–7 of 22

1107, Reva Residences in numbers

  • Sold 3 times: first on 24 December 2018 for AED 776,160, last on 15 April 2024 for AED 1,025,000 (AED 2,174 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 81,000 a year.
  • At AED 81,000 a year the gross yield on the 2024 price is 7.9%, before a service charge of about AED 11,700 a year (AED 24.73 per sqft).
  • One-beds in Reva Residences sold for AED 480,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,952 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 20 November 2024.

Questions about 1107, Reva Residences

What did unit 1107 last sell for?

AED 1,025,000 on 15 April 2024: AED 2,174 per sqft for 471 sqft. The unit has 3 registered sales; the first was AED 776,160 in December 2018.

What is the rent for unit 1107?

AED 81,000 a year on the contract renewed on 20 November 2024.

How big is unit 1107?

471 sqft (43.8 sqm): a one-bedroom apartment on the 11th floor of a 27-storey tower completed in 2022.

What is unit 1107 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Reva Residences sold for AED 480,000 to 1,150,000 in the last 12 months, around AED 2,147 per sqft.

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Mortgage on 1107, Reva Residences

Starts from the last sale price (AED 1.03M, 15 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

Plus AED 48,060 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →