915 sqftReva Residences, Business Bay · 12th floor · completed 2022

1223, Reva Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold twice, last in September 2025, and rented once, from September 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1223 · DLD and Ejari recordsUpdated 10 September 2025

Last soldAED 1.75M10 September 2025

Current rentAED 105K /yr18 September 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1223, Reva Residences

Today

What is 1223 worth today?

Last sold for AED 1,750,000 in 2025

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10 Sep 2025

10 Sep 2025SoldReady

AED 1,750,000AED 1,913 per sqft

18 Sep 2023

18 Sep 2023RentedNew contract

AED 105,000/yr12 months · AED 115 per sqft

11 Sep 2018

11 Sep 2018Sold by developerOff-plan

AED 1,293,000AED 1,413 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 September 2025.

Key facts

Type: Apartment
Size: 915 sqft
Floor: 12th of 27
Parking: P1-44
Developer: DAMAC
Completed: 2022
Service charge: AED 22,600 /yr
Last sold: AED 1.75M · September 2025
Building: Reva Residences

About 1223, Reva Residences

1223 is an apartment of 915 sqft on the 12th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 10 September 2025 for AED 1,750,000, or AED 1,913 per sqft.

One Ejari contract is registered, from 18 September 2023. The current contract, signed on 18 September 2023, is AED 105,000 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 22,600 a year.

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 12th floor

All 600 units in Reva Residences


1201	1-bed	470 sqft	AED 975KAED 975,000 · Jan 2025January 2025	74,000 /yr
1202	1-bed	471 sqft	AED 791KAED 791,000 · Jan 2019January 2019	72,000 /yr
1203	2-bed	900 sqft	AED 1.28MAED 1,282,000 · May 2019May 2019
1204	2-bed	914 sqft	AED 1.29MAED 1,289,000 · May 2018May 2018	110,000 /yr
1205	1-bed	473 sqft	AED 990KAED 990,000 · Jul 2025July 2025	68,000 /yr
1206	1-bed	470 sqft	AED 1.1MAED 1,100,000 · Oct 2024October 2024
1207		471 sqft	AED 1MAED 1,000,000 · Oct 2025October 2025	66,550 /yr
1208	1-bed	471 sqft	AED 807KAED 807,000 · Mar 2020March 2020	79,778 /yr
1209	1-bed	471 sqft	AED 807KAED 807,000 · Dec 2018December 2018	80,000 /yr
1210	1-bed	471 sqft	AED 850KAED 850,000 · Nov 2022November 2022	71,400 /yr
1211	2-bed	914 sqft	AED 1.32MAED 1,320,000 · Jun 2018June 2018	112,000 /yr
1212	1-bed	471 sqft	AED 805KAED 805,000 · Apr 2019April 2019
1213	1-bed	471 sqft	AED 807KAED 807,000 · Mar 2019March 2019	68,000 /yr
1214	1-bed	466 sqft	AED 805KAED 805,000 · Apr 2019April 2019	75,000 /yr
1215	1-bed	466 sqft	AED 815KAED 815,000 · Mar 2019March 2019	75,600 /yr
1216	2-bed	914 sqft	AED 1.36MAED 1,361,000 · Mar 2019March 2019	115,000 /yr
1217	1-bed	466 sqft	AED 783KAED 783,000 · Mar 2019March 2019
1218	1-bed	471 sqft	AED 806KAED 806,000 · May 2019May 2019	78,000 /yr
1219	1-bed	463 sqft	AED 780KAED 780,000 · Sep 2019September 2019
1220	1-bed	471 sqft	AED 780KAED 780,000 · Nov 2022November 2022
1221	1-bed	471 sqft	AED 1.02MAED 1,020,000 · Oct 2024October 2024
1222	1-bed	471 sqft	AED 1.1MAED 1,100,000 · Mar 2024March 2024

1–7 of 22

1223, Reva Residences in numbers

Sold twice: first on 11 September 2018 for AED 1,293,000, last on 10 September 2025 for AED 1,750,000 (AED 1,913 per sqft).
Rented since September 2023 on one Ejari contract, at AED 105,000 a year.
At AED 105,000 a year the gross yield on the 2025 price is 6.0%, before a service charge of about AED 22,600 a year (AED 24.73 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 10 September 2025.

Questions about 1223, Reva Residences

What did unit 1223 last sell for?

AED 1,750,000 on 10 September 2025: AED 1,913 per sqft for 915 sqft. The unit has 2 registered sales; the first was AED 1,293,000 in September 2018.

What is the rent for unit 1223?

AED 105,000 a year on the contract signed on 18 September 2023.

How big is unit 1223?

915 sqft (85.0 sqm): an apartment on the 12th floor of a 27-storey tower completed in 2022.

What is unit 1223 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1223, Reva Residences

Starts from the last sale price (AED 1.75M, 10 September 2025). Switch to today's estimate once you have unlocked it.

Price: AED 1,750,000
Deposit, UAE resident (20%): AED 350,000
Deposit, non-resident (40%): AED 700,000
Monthly over 25 years at 3.7%: AED 7,160

Plus AED 78,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →