2-bed · 900 sqftReva Residences, Business Bay · 15th floor · completed 2022

1503, 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 July 2018, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 20 October 2025

Last soldAED 1.27M4 July 2018

Current rentAED 105K /yr20 October 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1503, Reva Residences

Today

What is 1503 worth today?

Last sold for AED 1,274,130 in 2018

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20 Oct 2025

20 Oct 2025RentedNew contract

AED 105,000/yr12 months · AED 116 per sqft

7 May 2025

7 May 2025RentedRenewal

AED 110,000/yr12 months · AED 122 per sqft

7 May 2024

7 May 2024RentedNew contract

AED 110,000/yr12 months · AED 122 per sqft

4 Jul 2018

4 Jul 2018Sold by developerOff-plan

AED 1,274,130AED 1,415 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 October 2025.

Key facts

Type: 2-bed apartment
Size: 900 sqft
Floor: 15th of 27
Parking: P1-55
Developer: DAMAC
Completed: 2022
Service charge: AED 22,300 /yr
Last sold: AED 1.27M · July 2018
Building: Reva Residences

About 1503, Reva Residences

1503 is a two-bedroom apartment of 900 sqft on the 15th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 4 July 2018 for AED 1,274,130, or AED 1,415 per sqft, in line with the AED 1,419 two-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 20 October 2025, is AED 105,000 a year: a gross yield of 8.2% on the 2018 price, before the service charge of about AED 22,300 a year.

Sales and rents for 1503 over time

Sales

Unit 1503, each saleTypical two-bed in Reva Residences

1503 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1503, 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 1503 sits

All 124 2-beds →

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

1503 last sold in July 2018 at AED 1,415 per sqft, in line with what two-beds in Reva Residences were fetching at the time (AED 1,419). 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. 1503's AED 105,000 is in the lower half 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 15th floor

All 600 units in Reva Residences


1501	1-bed	470 sqft	AED 797KAED 797,000 · Aug 2018August 2018	75,000 /yr
1502	1-bed	471 sqft	AED 525KAED 525,000 · Jul 2020July 2020	80,000 /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

1503, Reva Residences in numbers

Sold once: by DAMAC on 4 July 2018 for AED 1,274,130, or AED 1,415 per sqft.
Rented since May 2024 on 3 Ejari contracts, from AED 110,000 to AED 105,000 a year.
At AED 105,000 a year the gross yield on the 2018 price is 8.2%, before a service charge of about AED 22,300 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 20 October 2025.

Questions about 1503, Reva Residences

What did unit 1503 last sell for?

AED 1,274,130 on 4 July 2018, sold by the developer: AED 1,415 per sqft for 900 sqft. It is the only registered sale of the unit.

What is the rent for unit 1503?

AED 105,000 a year on the contract signed on 20 October 2025. The previous contract, from May 2025, was AED 110,000; the unit has been rented since May 2024.

How big is unit 1503?

900 sqft (83.6 sqm): a two-bedroom apartment on the 15th floor of a 27-storey tower completed in 2022.

What is unit 1503 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 1503, Reva Residences

Starts from the last sale price (AED 1.27M, 4 July 2018). Switch to today's estimate once you have unlocked it.

Price: AED 1,274,130
Deposit, UAE resident (20%): AED 254,826
Deposit, non-resident (40%): AED 509,652
Monthly over 25 years at 3.7%: AED 5,213

Plus AED 58,523 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →