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

1507, Reva Residences

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 20 September 2025
Last soldAED 975K14 August 2024
Current rentAED 76K /yr20 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Reva Residences

What is 1507 worth today?

Last sold for AED 975,000 in 2024

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20 Sep 2025RentedNew contract
AED 76,000/yr12 months · AED 161 per sqft
6 Nov 2024RentedNew contract
AED 70,860/yr9 months · AED 150 per sqft
14 Aug 2024SoldReady
AED 975,000AED 2,068 per sqft
6 Nov 2023RentedNew contract
AED 71,000/yr12 months · AED 151 per sqft
1 Sep 2022RentedNew contract
AED 59,000/yr12 months · AED 125 per sqft
22 Apr 2018Sold by developerOff-plan
AED 799,000AED 1,694 per sqft

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

Key facts

Type
Apartment
Size
471 sqft
Floor
15th of 27
Parking
P3-08
Developer
DAMAC
Completed
2022
Service charge
AED 11,700 /yr
Last sold
AED 975K · August 2024

About 1507, Reva Residences

1507 is an 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 14 August 2024 for AED 975,000, or AED 2,068 per sqft.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 20 September 2025, is AED 76,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 11,700 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 15th floor

All 600 units in Reva Residences
Value
15011-bedAED 797K · Aug 2018
15021-bedAED 525K · Jul 2020
15032-bedAED 1.27M · Jul 2018
15042-bedAED 1.28M · Jul 2018
15051-bedAED 1.04M · Jun 2024
15061-bedAED 848K · Jul 2018
15081-bedAED 813K · May 2018
1–7 of 22

1507, Reva Residences in numbers

  • Sold twice: first on 22 April 2018 for AED 799,000, last on 14 August 2024 for AED 975,000 (AED 2,068 per sqft).
  • Rented since September 2022 on 4 Ejari contracts, from AED 59,000 to AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 11,700 a year (AED 24.73 per sqft).

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

Questions about 1507, Reva Residences

What did unit 1507 last sell for?

AED 975,000 on 14 August 2024: AED 2,068 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 799,000 in April 2018.

What is the rent for unit 1507?

AED 76,000 a year on the contract signed on 20 September 2025. The previous contract, from November 2024, was AED 70,860; the unit has been rented since September 2022.

How big is unit 1507?

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

What is unit 1507 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 1507, Reva Residences

Starts from the last sale price (AED 975K, 14 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

Plus AED 45,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →