1-bed · 471 sqftReva Residences, Business Bay · 15th floor · completed 2022

1502, 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 July 2020, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 25 September 2025

Last soldAED 525K7 July 2020

Current rentAED 80K /yr25 September 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1502, Reva Residences

Today

What is 1502 worth today?

Last sold for AED 525,000 in 2020

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25 Sep 2025

25 Sep 2025RentedRenewal

AED 80,000/yr12 months · AED 169 per sqft

25 Sep 2024

25 Sep 2024RentedNew contract

AED 80,000/yr12 months · AED 169 per sqft

7 Jun 2023

7 Jun 2023RentedNew contract

AED 75,000/yr12 months · AED 158 per sqft

7 Jul 2020

7 Jul 2020SoldOff-plan

AED 525,000AED 1,115 per sqft

22 Apr 2018

22 Apr 2018Sold by developerOff-plan

AED 797,000AED 1,692 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2025.

Key facts

Type: 1-bed apartment
Size: 471 sqft
Floor: 15th of 27
Parking: P3-05
Developer: DAMAC
Completed: 2022
Service charge: AED 11,600 /yr
Last sold: AED 525K · July 2020
Building: Reva Residences

About 1502, Reva Residences

1502 is a one-bedroom apartment of 471 sqft on the 15th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 7 July 2020 for AED 525,000, or AED 1,115 per sqft, 35% below the AED 1,727 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 25 September 2025, is AED 80,000 a year: a gross yield of 15.2% on the 2020 price, before the service charge of about AED 11,600 a year.

Sales and rents for 1502 over time

Sales

Unit 1502, each saleTypical one-bed in Reva Residences

1502 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1502, each contractTypical one-bed in Reva Residences

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 1502 sits

All 449 1-beds →

1-beds in Reva Residences · last 12 months2,147 /sqft Reva Residences · all types1,952 /sqft

1502 last sold in July 2020 at AED 1,115 per sqft, 35% below what one-beds in Reva Residences were fetching at the time (AED 1,727). 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. 1502's AED 80,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
19 Jan 202619 January 2026	471 sqft	1,020,000	2,163
25 Dec 202525 December 2025	473 sqft	1,090,000	2,304
23 Dec 202523 December 2025	471 sqft	1,080,000	2,293
16 Dec 202516 December 2025	250 sqft	480,000	1,921

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 15th floor

All 600 units in Reva Residences


1501	1-bed	470 sqft	AED 797KAED 797,000 · Aug 2018August 2018	75,000 /yr
1503	2-bed	900 sqft	AED 1.27MAED 1,274,130 · Jul 2018July 2018	105,000 /yr
1504	2-bed	914 sqft	AED 1.28MAED 1,281,060 · Jul 2018July 2018
1505	1-bed	473 sqft	AED 1.04MAED 1,040,000 · Jun 2024June 2024	80,000 /yr
1506	1-bed	470 sqft	AED 848KAED 848,000 · Jul 2018July 2018	82,000 /yr
1507		471 sqft	AED 975KAED 975,000 · Aug 2024August 2024	76,000 /yr
1508	1-bed	471 sqft	AED 813KAED 813,000 · May 2018May 2018	75,000 /yr
1509	1-bed	471 sqft	AED 900KAED 900,000 · May 2018May 2018	70,000 /yr
1510	1-bed	471 sqft	AED 900KAED 900,000 · May 2018May 2018	72,000 /yr
1511	2-bed	914 sqft	AED 1.31MAED 1,312,740 · Jul 2018July 2018	110,000 /yr
1512	1-bed	471 sqft	AED 811KAED 811,000 · Sep 2019September 2019	77,000 /yr
1513	1-bed	471 sqft	AED 920KAED 920,000 · Oct 2023October 2023	80,000 /yr
1514	1-bed	466 sqft	AED 845KAED 845,000 · Jun 2023June 2023	75,000 /yr
1515	1-bed	466 sqft	AED 832KAED 832,000 · Apr 2018April 2018
1516	2-bed	914 sqft	AED 1.37MAED 1,367,000 · Sep 2018September 2018	120,000 /yr
1517	1-bed	476 sqft	AED 789KAED 789,000 · May 2018May 2018	75,000 /yr
1518	1-bed	471 sqft	AED 1.05MAED 1,050,000 · May 2025May 2025
1519	1-bed	471 sqft	AED 785KAED 785,000 · Apr 2018April 2018	78,750 /yr
1520	1-bed	471 sqft	AED 799KAED 799,000 · Feb 2021February 2021	75,000 /yr
1521	1-bed	471 sqft	AED 799KAED 799,000 · Apr 2018April 2018	78,000 /yr
1522	1-bed	471 sqft	AED 799KAED 799,000 · May 2018May 2018
1523	2-bed	915 sqft	AED 1.35MAED 1,350,000 · Oct 2023October 2023	115,000 /yr

1–7 of 22

1502, Reva Residences in numbers

Sold twice: first on 22 April 2018 for AED 797,000, last on 7 July 2020 for AED 525,000 (AED 1,115 per sqft).
Rented since June 2023 on 3 Ejari contracts, from AED 75,000 to AED 80,000 a year.
At AED 80,000 a year the gross yield on the 2020 price is 15.2%, 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 25 September 2025.

Questions about 1502, Reva Residences

What did unit 1502 last sell for?

AED 525,000 on 7 July 2020: AED 1,115 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 797,000 in April 2018.

What is the rent for unit 1502?

AED 80,000 a year on the contract renewed on 25 September 2025. The previous contract, from September 2024, was AED 80,000; the unit has been rented since June 2023.

How big is unit 1502?

471 sqft (43.8 sqm): a one-bedroom apartment on the 15th floor of a 27-storey tower completed in 2022.

What is unit 1502 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 1502, Reva Residences

Starts from the last sale price (AED 525K, 7 July 2020). Switch to today's estimate once you have unlocked it.

Price: AED 525,000
Deposit, UAE resident (20%): AED 105,000
Deposit, non-resident (40%): AED 210,000
Monthly over 25 years at 3.7%: AED 2,148

Plus AED 27,060 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →