1-bed · 471 sqftReva Residences, Business Bay · 16th floor · completed 2022

1607, 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 October 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 1 December 2025

Last soldAED 970K29 October 2024

Current rentAED 116K /yr1 December 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1607, Reva Residences

Today

What is 1607 worth today?

Last sold for AED 970,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Dec 2025

1 Dec 2025RentedRenewal

AED 115,500/yr12 months · AED 244 per sqft

1 Dec 2024

1 Dec 2024RentedNew contract

AED 84,000/yr12 months · AED 177 per sqft

29 Oct 2024

29 Oct 2024SoldReady

AED 970,000AED 2,057 per sqft

6 Nov 2019

6 Nov 2019Sold by developerOff-plan

AED 815,000AED 1,758 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2025.

Key facts

Type: 1-bed apartment
Size: 471 sqft
Floor: 16th of 27
Parking: P3-26
Developer: DAMAC
Completed: 2022
Service charge: AED 11,700 /yr
Last sold: AED 970K · October 2024
Building: Reva Residences

About 1607, Reva Residences

1607 is a one-bedroom apartment of 471 sqft on the 16th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 29 October 2024 for AED 970,000, or AED 2,057 per sqft, in line with the AED 2,108 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 115,500 a year: a gross yield of 11.9% on the 2024 price, before the service charge of about AED 11,700 a year.

Sales and rents for 1607 over time

Sales

Unit 1607, each saleTypical one-bed in Reva Residences

1607 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1607, 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 1607 sits

All 449 1-beds →

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

1607 last sold in October 2024 at AED 2,057 per sqft, in line with what one-beds in Reva Residences were fetching at the time (AED 2,108). 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. 1607's AED 115,500 is at the top 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 16th floor

All 600 units in Reva Residences


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
1603	2-bed	900 sqft	AED 1.4MAED 1,400,000 · Dec 2022December 2022
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
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

1–7 of 22

1607, Reva Residences in numbers

Sold twice: first on 6 November 2019 for AED 815,000, last on 29 October 2024 for AED 970,000 (AED 2,057 per sqft).
Rented since December 2024 on 2 Ejari contracts, from AED 84,000 to AED 115,500 a year.
At AED 115,500 a year the gross yield on the 2024 price is 11.9%, before a service charge of about AED 11,700 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 1 December 2025.

Questions about 1607, Reva Residences

What did unit 1607 last sell for?

AED 970,000 on 29 October 2024: AED 2,057 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 815,000 in November 2019.

What is the rent for unit 1607?

AED 115,500 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 84,000.

How big is unit 1607?

471 sqft (43.8 sqm): a one-bedroom apartment on the 16th floor of a 27-storey tower completed in 2022.

What is unit 1607 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.

Selling 1607? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1607, Reva Residences

Starts from the last sale price (AED 970K, 29 October 2024). Switch to today's estimate once you have unlocked it.

Price: AED 970,000
Deposit, UAE resident (20%): AED 194,000
Deposit, non-resident (40%): AED 388,000
Monthly over 25 years at 3.7%: AED 3,969

Plus AED 45,750 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →