1-bed · 470 sqftReva Residences, Business Bay · 14th floor · completed 2022

1406, Reva Residences

Sold prices and rental history: sold twice, last in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 13 February 2024
Last soldAED 900K13 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Reva Residences

What is 1406 worth today?

Last sold for AED 900,000 in 2024

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13 Feb 2024SoldReady
AED 900,000AED 1,916 per sqft
3 May 2018Sold by developerOff-plan
AED 846,000AED 1,801 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 February 2024.

Key facts

Type
1-bed apartment
Size
470 sqft
Floor
14th of 27
Parking
P3-107
Developer
DAMAC
Completed
2022
Service charge
AED 11,600 /yr
Last sold
AED 900K · February 2024

About 1406, Reva Residences

1406 is a one-bedroom apartment of 470 sqft on the 14th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 13 February 2024 for AED 900,000, or AED 1,916 per sqft, 4% above the AED 1,849 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1406 over time

Sales
Unit 1406, 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 2018: AED 846,000 (AED 1,801 per sqft)Sold, February 2024: AED 900,000 (AED 1,916 per sqft)

1406 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1406, 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 80,000

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 1406 sits

All 449 1-beds →

1406 last sold in February 2024 at AED 1,916 per sqft, 4% above what one-beds in Reva Residences were fetching at the time (AED 1,849). 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.

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 14th floor

All 600 units in Reva Residences
Value
14011-bedAED 950K · Feb 2025
14021-bedAED 985K · Jun 2024
14032-bedAED 1.96M · Sep 2022
14042-bedAED 1.28M · Aug 2018
14051-bedAED 860K · May 2023
14071-bedAED 797K · Apr 2018
14081-bedAED 811K · Jul 2018
1–7 of 22

1406, Reva Residences in numbers

  • Sold twice: first on 3 May 2018 for AED 846,000, last on 13 February 2024 for AED 900,000 (AED 1,916 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 13 February 2024.

Questions about 1406, Reva Residences

What did unit 1406 last sell for?

AED 900,000 on 13 February 2024: AED 1,916 per sqft for 470 sqft. The unit has 2 registered sales; the first was AED 846,000 in May 2018.

How big is unit 1406?

470 sqft (43.7 sqm): a one-bedroom apartment on the 14th floor of a 27-storey tower completed in 2022.

What is unit 1406 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 1406, Reva Residences

Starts from the last sale price (AED 900K, 13 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

Plus AED 42,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →