1603, Reva Residences
Sold prices and rental history: sold 3 times, last in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Reva Residences
What is 1603 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 December 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 900 sqft
- Floor
- 16th of 27
- Parking
- P1-60
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 22,300 /yr
- Last sold
- AED 1.4M · December 2022
- Building
- Reva Residences
About 1603, Reva Residences
1603 is a two-bedroom apartment of 900 sqft on the 16th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 20 December 2022 for AED 1,400,000, or AED 1,555 per sqft, in line with the AED 1,510 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1603 over time
1603 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1603 sits
All 124 2-beds →1603 last sold in December 2022 at AED 1,555 per sqft, in line with what two-beds in Reva Residences were fetching at the time (AED 1,510). 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.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Reva Residences
Building600 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%
Other units on the 16th floor
All 600 units in Reva Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 470 sqft | AED 799KAED 799,000 · Oct 2019October 2019 | 75,000 /yr | |
| 1602 | 1-bed | 471 sqft | AED 799KAED 799,000 · Sep 2019September 2019 | 72,000 /yr | |
| 1604 | 2-bed | 914 sqft | AED 1.4MAED 1,400,000 · Dec 2022December 2022 | 120,000 /yr | |
| 1605 | 1-bed | 466 sqft | AED 1.09MAED 1,090,000 · Dec 2025December 2025 | 85,000 /yr | |
| 1606 | 1-bed | 470 sqft | AED 821KAED 821,240 · Oct 2019October 2019 | 73,500 /yr | |
| 1607 | 1-bed | 471 sqft | AED 970KAED 970,000 · Oct 2024October 2024 | 115,500 /yr | |
| 1608 | 1-bed | 471 sqft | AED 807KAED 807,000 · Aug 2022August 2022 | 82,000 /yr | |
| 1609 | 1-bed | 471 sqft | AED 815KAED 815,000 · Jun 2022June 2022 | 80,000 /yr | |
| 1610 | 1-bed | 471 sqft | AED 1.07MAED 1,070,000 · May 2024May 2024 | 83,000 /yr | |
| 1611 | 2-bed | 914 sqft | AED 61KAED 61,112 · Jan 2026January 2026 | 120,000 /yr | |
| 1612 | 1-bed | 471 sqft | AED 813KAED 813,000 · May 2019May 2019 | ||
| 1613 | 1-bed | 471 sqft | AED 1MAED 1,000,000 · Jul 2024July 2024 | 78,024 /yr | |
| 1614 | 1-bed | 466 sqft | AED 813KAED 813,000 · May 2019May 2019 | 75,000 /yr | |
| 1615 | 1-bed | 466 sqft | AED 822KAED 822,000 · Jun 2019June 2019 | 70,000 /yr | |
| 1616 | 2-bed | 914 sqft | AED 118KAED 117,551 · Dec 2025December 2025 | 115,000 /yr | |
| 1617 | 1-bed | 466 sqft | AED 790KAED 790,000 · May 2019May 2019 | 68,000 /yr | |
| 1618 | 1-bed | 471 sqft | AED 1.15MAED 1,150,000 · Aug 2024August 2024 | 85,000 /yr | |
| 1619 | 1-bed | 471 sqft | AED 1.01MAED 1,007,000 · Jul 2022July 2022 | ||
| 1620 | 1-bed | 471 sqft | AED 867KAED 867,300 · Mar 2023March 2023 | 73,000 /yr | |
| 1621 | 1-bed | 471 sqft | AED 801KAED 801,000 · Oct 2019October 2019 | 72,000 /yr | |
| 1622 | 1-bed | 471 sqft | AED 750KAED 750,000 · Oct 2022October 2022 | 72,000 /yr | |
| 1623 | 2-bed | 915 sqft | AED 2.05MAED 2,050,000 · Oct 2024October 2024 | 120,000 /yr |
1603, Reva Residences in numbers
- Sold 3 times: first on 25 March 2019 for AED 1,289,000, last on 20 December 2022 for AED 1,400,000 (AED 1,555 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 December 2022.
Questions about 1603, Reva Residences
What did unit 1603 last sell for?
AED 1,400,000 on 20 December 2022: AED 1,555 per sqft for 900 sqft. The unit has 3 registered sales; the first was AED 1,289,000 in March 2019.
How big is unit 1603?
900 sqft (83.6 sqm): a two-bedroom apartment on the 16th floor of a 27-storey tower completed in 2022.
What is unit 1603 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 1603, Reva Residences
Starts from the last sale price (AED 1.4M, 20 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →