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

1112, Reva Residences

Sold prices and rental history: sold 3 times, last in November 2023, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1112 · DLD and Ejari recordsUpdated 27 November 2023
Last soldAED 1.1M27 November 2023
Current rentAED 80K /yr4 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1112, Reva Residences

What is 1112 worth today?

Last sold for AED 1,100,000 in 2023

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27 Nov 2023SoldReady
AED 1,100,000AED 2,336 per sqft
21 Jun 2023SoldReady
AED 800,000AED 1,699 per sqft
4 Nov 2022RentedNew contract
AED 80,000/yr6 months · AED 170 per sqft
22 May 2019Sold by developerOff-plan
AED 804,000AED 1,707 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 November 2023.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
11th of 27
Parking
G-17
Developer
DAMAC
Completed
2022
Service charge
AED 11,600 /yr
Last sold
AED 1.1M · November 2023
Building
Reva Residences

About 1112, Reva Residences

1112 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 27 November 2023 for AED 1,100,000, or AED 2,336 per sqft, 31% above the AED 1,784 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 4 November 2022. The current contract, signed on 4 November 2022, is AED 80,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 11,600 a year.

Sales and rents for 1112 over time

Sales
Unit 1112, 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, May 2019: AED 804,000 (AED 1,707 per sqft)Sold, June 2023: AED 800,000 (AED 1,699 per sqft)Sold, November 2023: AED 1,100,000 (AED 2,336 per sqft)

1112 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1112, 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 80,000New contract, November 2022: AED 80,000 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 1112 sits

All 449 1-beds →

1112 last sold in November 2023 at AED 2,336 per sqft, 31% above what one-beds in Reva Residences were fetching at the time (AED 1,784). 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. 1112's AED 80,000 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
11071-bedAED 1.03M · Apr 2024
1–7 of 22

1112, Reva Residences in numbers

  • Sold 3 times: first on 22 May 2019 for AED 804,000, last on 27 November 2023 for AED 1,100,000 (AED 2,336 per sqft).
  • Rented since November 2022 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 7.3%, before a service charge of about AED 11,600 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 27 November 2023.

Questions about 1112, Reva Residences

What did unit 1112 last sell for?

AED 1,100,000 on 27 November 2023: AED 2,336 per sqft for 471 sqft. The unit has 3 registered sales; the first was AED 804,000 in May 2019.

What is the rent for unit 1112?

AED 80,000 a year on the contract signed on 4 November 2022.

How big is unit 1112?

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

What is unit 1112 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 1112, Reva Residences

Starts from the last sale price (AED 1.1M, 27 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →