2-bed · 915 sqftReva Residences, Business Bay · 15th floor · completed 2022

1523, Reva Residences

Sold prices and rental history: sold twice, last in October 2023, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1523 · DLD and Ejari recordsUpdated 2 February 2026
Last soldAED 1.35M3 October 2023
Current rentAED 115K /yr2 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1523, Reva Residences

What is 1523 worth today?

Last sold for AED 1,350,000 in 2023

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2 Feb 2026RentedNew contract
AED 115,000/yr12 months · AED 126 per sqft
3 Oct 2023SoldReady
AED 1,350,000AED 1,476 per sqft
23 Jul 2018Sold by developerOff-plan
AED 1,299,000AED 1,420 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 February 2026.

Key facts

Type
2-bed apartment
Size
915 sqft
Floor
15th of 27
Parking
P1-59
Developer
DAMAC
Completed
2022
Service charge
AED 22,600 /yr
Last sold
AED 1.35M · October 2023

About 1523, Reva Residences

1523 is a two-bedroom apartment of 915 sqft on the 15th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 3 October 2023 for AED 1,350,000, or AED 1,476 per sqft, in line with the AED 1,471 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 February 2026. The current contract, signed on 2 February 2026, is AED 115,000 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 22,600 a year.

Sales and rents for 1523 over time

Sales
Unit 1523, each saleTypical two-bed in Reva Residences
1.4M1.6M20182020202220242026Typical sale price by year: 2018 AED 1,301,760; 2019 AED 1,320,000; 2020 AED 1,333,500; 2021 AED 1,292,000; 2022 AED 1,380,750; 2023 AED 1,300,000; 2024 AED 1,600,000; 2025 AED 1,540,000Sold by developer, July 2018: AED 1,299,000 (AED 1,420 per sqft)Sold, October 2023: AED 1,350,000 (AED 1,476 per sqft)

1523 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1523, each contractTypical two-bed in Reva Residences
100K202220242026Typical rent by year: 2022 AED 92,000; 2023 AED 96,750; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 110,000New contract, February 2026: AED 115,000 a year

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 1523 sits

All 124 2-beds →

1523 last sold in October 2023 at AED 1,476 per sqft, in line with what two-beds in Reva Residences were fetching at the time (AED 1,471). 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. 1523's AED 115,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Jan 20261,500,000
23 Jan 20261,670,000
5 Jan 202661,112
30 Dec 20251,540,000
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
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
1507AED 975K · Aug 2024
1–7 of 22

1523, Reva Residences in numbers

  • Sold twice: first on 23 July 2018 for AED 1,299,000, last on 3 October 2023 for AED 1,350,000 (AED 1,476 per sqft).
  • Rented since February 2026 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 8.5%, 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 2 February 2026.

Questions about 1523, Reva Residences

What did unit 1523 last sell for?

AED 1,350,000 on 3 October 2023: AED 1,476 per sqft for 915 sqft. The unit has 2 registered sales; the first was AED 1,299,000 in July 2018.

What is the rent for unit 1523?

AED 115,000 a year on the contract signed on 2 February 2026.

How big is unit 1523?

915 sqft (85.0 sqm): a two-bedroom apartment on the 15th floor of a 27-storey tower completed in 2022.

What is unit 1523 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 1523, Reva Residences

Starts from the last sale price (AED 1.35M, 3 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

Plus AED 61,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →