2-bed · 914 sqftReva Residences, Business Bay · 13th floor · completed 2022

1316, 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 once, by the developer in December 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1316 · DLD and Ejari recordsUpdated 11 July 2024

Last soldAED 1.39M21 December 2021

Current rentAED 93K /yr11 July 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1316, Reva Residences

Today

What is 1316 worth today?

Last sold for AED 1,387,000 in 2021

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11 Jul 2024

11 Jul 2024RentedNew contract

AED 92,751/yr12 months · AED 101 per sqft

19 Apr 2023

19 Apr 2023RentedNew contract

AED 90,000/yr12 months · AED 98 per sqft

30 Dec 2022

30 Dec 2022RentedNew contract

AED 118,000/yr12 months · AED 129 per sqft

21 Dec 2021

21 Dec 2021Sold by developerOff-plan

AED 1,387,000AED 1,517 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 July 2024.

Key facts

Type: 2-bed apartment
Size: 914 sqft
Floor: 13th of 27
Parking: P1-48
Developer: DAMAC
Completed: 2022
Service charge: AED 22,600 /yr
Last sold: AED 1.39M · December 2021
Building: Reva Residences

About 1316, Reva Residences

1316 is a two-bedroom apartment of 914 sqft on the 13th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 21 December 2021 for AED 1,387,000, or AED 1,517 per sqft, 6% above the AED 1,431 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 11 July 2024, is AED 92,751 a year: a gross yield of 6.7% on the 2021 price, before the service charge of about AED 22,600 a year.

Sales and rents for 1316 over time

Sales

Unit 1316, each saleTypical two-bed in Reva Residences

1316 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1316, each contractTypical two-bed in Reva Residences

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

2-beds in Reva Residences, and where 1316 sits

All 124 2-beds →

2-beds in Reva Residences · last 12 months1,749 /sqft Reva Residences · all types1,952 /sqft

1316 last sold in December 2021 at AED 1,517 per sqft, 6% above what two-beds in Reva Residences were fetching at the time (AED 1,431). Over the last 12 months two-beds sold for AED 1,500,000 to 1,730,000, around AED 1,749 per sqft, and rent for AED 99,750 to 145,000 a year. 1316's AED 92,751 is at the bottom of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
29 Jan 202629 January 2026	917 sqft	1,500,000	1,635
23 Jan 202623 January 2026	914 sqft	1,670,000	1,826
5 Jan 20265 January 2026	914 sqft	61,112	66
30 Dec 202530 December 2025	900 sqft	1,540,000	1,710

7 2-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 13th floor

All 600 units in Reva Residences


1301	1-bed	470 sqft	AED 890KAED 890,000 · Jun 2024June 2024	73,000 /yr
1302	1-bed	471 sqft	AED 793KAED 793,000 · Nov 2019November 2019	65,100 /yr
1303	2-bed	900 sqft	AED 1.28MAED 1,284,000 · Jul 2018July 2018
1304	2-bed	914 sqft	AED 1.55MAED 1,550,000 · Jul 2025July 2025	144,000 /yr
1305	1-bed	473 sqft	AED 1MAED 1,000,000 · Jul 2024July 2024
1306	1-bed	470 sqft	AED 844KAED 844,000 · Apr 2018April 2018
1307	1-bed	471 sqft	AED 795KAED 795,000 · Apr 2018April 2018	75,000 /yr
1308	1-bed	471 sqft	AED 974KAED 974,000 · Aug 2022August 2022	55,000 /yr
1309	1-bed	471 sqft	AED 825KAED 825,000 · May 2023May 2023
1310	1-bed	471 sqft	AED 809KAED 809,000 · Apr 2018April 2018	75,000 /yr
1311	2-bed	914 sqft	AED 1.41MAED 1,413,300 · Apr 2022April 2022	125,000 /yr
1312	1-bed	471 sqft	AED 807KAED 807,000 · Feb 2019February 2019	60,000 /yr
1313	1-bed	471 sqft	AED 1MAED 1,000,000 · Sep 2024September 2024	81,500 /yr
1314	1-bed	466 sqft	AED 807KAED 807,000 · Dec 2018December 2018
1315	1-bed	466 sqft	AED 820KAED 820,000 · Nov 2022November 2022	75,000 /yr
1317	1-bed	476 sqft	AED 1.06MAED 1,060,000 · Mar 2023March 2023	80,000 /yr
1318	1-bed	471 sqft	AED 815KAED 815,360 · Jul 2022July 2022
1319	1-bed	471 sqft	AED 980KAED 980,000 · Dec 2023December 2023
1320	1-bed	471 sqft	AED 1.02MAED 1,020,000 · Jan 2025January 2025
1321	1-bed	471 sqft	AED 795KAED 795,000 · Apr 2018April 2018	78,000 /yr
1322	1-bed	471 sqft	AED 795KAED 795,000 · Apr 2018April 2018	75,000 /yr
1323	2-bed	915 sqft	AED 1.47MAED 1,470,000 · Feb 2025February 2025	100,000 /yr

1–7 of 22

1316, Reva Residences in numbers

Sold once: by DAMAC on 21 December 2021 for AED 1,387,000, or AED 1,517 per sqft.
Rented since December 2022 on 3 Ejari contracts, from AED 118,000 to AED 92,751 a year.
At AED 92,751 a year the gross yield on the 2021 price is 6.7%, before a service charge of about AED 22,600 a year (AED 24.73 per sqft).
Two-beds in Reva Residences sold for AED 1,500,000–1,730,000 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 11 July 2024.

Questions about 1316, Reva Residences

What did unit 1316 last sell for?

AED 1,387,000 on 21 December 2021, sold by the developer: AED 1,517 per sqft for 914 sqft. It is the only registered sale of the unit.

What is the rent for unit 1316?

AED 92,751 a year on the contract signed on 11 July 2024. The previous contract, from April 2023, was AED 90,000; the unit has been rented since December 2022.

How big is unit 1316?

914 sqft (84.9 sqm): a two-bedroom apartment on the 13th floor of a 27-storey tower completed in 2022.

What is unit 1316 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Reva Residences sold for AED 1,500,000 to 1,730,000 in the last 12 months, around AED 1,749 per sqft.

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Mortgage on 1316, Reva Residences

Starts from the last sale price (AED 1.39M, 21 December 2021). Switch to today's estimate once you have unlocked it.

Price: AED 1,387,000
Deposit, UAE resident (20%): AED 277,400
Deposit, non-resident (40%): AED 554,800
Monthly over 25 years at 3.7%: AED 5,675

Plus AED 63,264 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →