1616, Reva Residences
Sold prices and rental history: sold 7 times, last in December 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1616, Reva Residences
What is 1616 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 30 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 914 sqft
- Floor
- 16th of 27
- Parking
- P1-63
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 22,600 /yr
- Last sold
- AED 118K · December 2025
- Building
- Reva Residences
About 1616, Reva Residences
1616 is a two-bedroom apartment of 914 sqft on the 16th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 30 December 2025 for AED 117,551, or AED 128 per sqft, 92% below the AED 1,695 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 5 October 2024, is AED 115,000 a year: a gross yield of 97.8% on the 2025 price, before the service charge of about AED 22,600 a year.
Sales and rents for 1616 over time
1616 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 1616 sits
All 124 2-beds →1616 last sold in December 2025 at AED 128 per sqft, 92% below what two-beds in Reva Residences were fetching at the time (AED 1,695). 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. 1616's AED 115,000 is in the lower half of that range.
| 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 | |
| 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 | |
| 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 | |
| 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 |
1616, Reva Residences in numbers
- Sold 7 times: first on 25 March 2019 for AED 1,369,000, last on 30 December 2025 for AED 117,551 (AED 128 per sqft).
- Rented since November 2022 on 3 Ejari contracts, from AED 90,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2025 price is 97.8%, 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 30 December 2025.
Questions about 1616, Reva Residences
What did unit 1616 last sell for?
AED 117,551 on 30 December 2025: AED 128 per sqft for 914 sqft. The unit has 7 registered sales; the first was AED 1,369,000 in March 2019.
What is the rent for unit 1616?
AED 115,000 a year on the contract signed on 5 October 2024. The previous contract, from December 2022, was AED 100,000; the unit has been rented since November 2022.
How big is unit 1616?
914 sqft (84.9 sqm): a two-bedroom apartment on the 16th floor of a 27-storey tower completed in 2022.
What is unit 1616 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 1616, Reva Residences
Starts from the last sale price (AED 118K, 30 December 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 117,551
- Deposit, UAE resident (20%)
- AED 23,510
- Deposit, non-resident (40%)
- AED 47,020
- Monthly over 25 years at 3.7%
- AED 481
Plus AED 7,847 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →