1-bed · 466 sqftReva Residences, Business Bay · 16th floor · completed 2022

1615, Reva Residences

Sold prices and rental history: sold once, by the developer in June 2019, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1615 · DLD and Ejari recordsUpdated 23 September 2025
Last soldAED 822K24 June 2019
Current rentAED 70K /yr23 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1615, Reva Residences

What is 1615 worth today?

Last sold for AED 822,000 in 2019

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23 Sep 2025RentedNew contract
AED 70,000/yr12 months · AED 151 per sqft
24 Jun 2019Sold by developerOff-plan
AED 822,000AED 1,762 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 September 2025.

Key facts

Type
1-bed apartment
Size
466 sqft
Floor
16th of 27
Parking
P3-33
Developer
DAMAC
Completed
2022
Service charge
AED 11,500 /yr
Last sold
AED 822K · June 2019

About 1615, Reva Residences

1615 is a one-bedroom apartment of 466 sqft on the 16th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 24 June 2019 for AED 822,000, or AED 1,762 per sqft, in line with the AED 1,726 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 September 2025. The current contract, signed on 23 September 2025, is AED 70,000 a year: a gross yield of 8.5% on the 2019 price, before the service charge of about AED 11,500 a year.

Sales and rents for 1615 over time

Sales
Unit 1615, each saleTypical one-bed in Reva Residences
800K1M20182020202220242026Typical sale price by year: 2018 AED 800,000; 2019 AED 813,000; 2020 AED 860,000; 2021 AED 792,000; 2022 AED 858,500; 2023 AED 850,000; 2024 AED 1,000,000; 2025 AED 1,020,000Sold by developer, June 2019: AED 822,000 (AED 1,762 per sqft)

1615 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1615, each contractTypical one-bed in Reva Residences
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 80,000New contract, September 2025: AED 70,000 a year

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 1615 sits

All 449 1-beds →

1615 last sold in June 2019 at AED 1,762 per sqft, in line with what one-beds in Reva Residences were fetching at the time (AED 1,726). 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. 1615's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Jan 20261,020,000
25 Dec 20251,090,000
23 Dec 20251,080,000
16 Dec 2025480,000
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
Value
16011-bedAED 799K · Oct 2019
16021-bedAED 799K · Sep 2019
16032-bedAED 1.4M · Dec 2022
16042-bedAED 1.4M · Dec 2022
16051-bedAED 1.09M · Dec 2025
16061-bedAED 821K · Oct 2019
16071-bedAED 970K · Oct 2024
1–7 of 22

1615, Reva Residences in numbers

  • Sold once: by DAMAC on 24 June 2019 for AED 822,000, or AED 1,762 per sqft.
  • Rented since September 2025 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2019 price is 8.5%, before a service charge of about AED 11,500 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 23 September 2025.

Questions about 1615, Reva Residences

What did unit 1615 last sell for?

AED 822,000 on 24 June 2019, sold by the developer: AED 1,762 per sqft for 466 sqft. It is the only registered sale of the unit.

What is the rent for unit 1615?

AED 70,000 a year on the contract signed on 23 September 2025.

How big is unit 1615?

466 sqft (43.3 sqm): a one-bedroom apartment on the 16th floor of a 27-storey tower completed in 2022.

What is unit 1615 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.

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Mortgage on 1615, Reva Residences

Starts from the last sale price (AED 822K, 24 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 822,000
Deposit, UAE resident (20%)
AED 164,400
Deposit, non-resident (40%)
AED 328,800
Monthly over 25 years at 3.7%
AED 3,363

Plus AED 39,534 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →