1-bed · 471 sqftReva Residences, Business Bay · 2nd floor · completed 2022

218, Reva Residences

Sold prices and rental history: sold twice, last in November 2022, and rented once, from March 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 218 · DLD and Ejari recordsUpdated 6 March 2025
Last soldAED 715K21 November 2022
Current rentAED 82K /yr6 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 218, Reva Residences

What is 218 worth today?

Last sold for AED 715,000 in 2022

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6 Mar 2025RentedNew contract
AED 82,000/yr12 months · AED 173 per sqft
21 Nov 2022SoldReady
AED 715,000AED 1,516 per sqft
10 Jun 2018Sold by developerOff-plan
AED 787,000AED 1,669 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 March 2025.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
2nd of 27
Parking
B-113
Developer
DAMAC
Completed
2022
Service charge
AED 11,700 /yr
Last sold
AED 715K · November 2022

About 218, Reva Residences

218 is a one-bedroom apartment of 471 sqft on the 2nd floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 21 November 2022 for AED 715,000, or AED 1,516 per sqft, 16% below the AED 1,811 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 6 March 2025. The current contract, signed on 6 March 2025, is AED 82,000 a year: a gross yield of 11.5% on the 2022 price, before the service charge of about AED 11,700 a year.

Sales and rents for 218 over time

Sales
Unit 218, 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 2018: AED 787,000 (AED 1,669 per sqft)Sold, November 2022: AED 715,000 (AED 1,516 per sqft)

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

Rents
Unit 218, 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, March 2025: AED 82,000 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 218 sits

All 449 1-beds →

218 last sold in November 2022 at AED 1,516 per sqft, 16% below what one-beds in Reva Residences were fetching at the time (AED 1,811). 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. 218's AED 82,000 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 2nd floor

All 600 units in Reva Residences
Value
2011-bedAED 772K · Apr 2018
2021-bedAED 975K · Jul 2024
2032-bedAED 1.27M · Nov 2023
2042-bedAED 1.27M · Apr 2019
2051-bedAED 1M · Jul 2025
2061-bedAED 823K · Jul 2018
2071-bedAED 775K · Apr 2018
1–7 of 22

218, Reva Residences in numbers

  • Sold twice: first on 10 June 2018 for AED 787,000, last on 21 November 2022 for AED 715,000 (AED 1,516 per sqft).
  • Rented since March 2025 on one Ejari contract, at AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2022 price is 11.5%, 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 6 March 2025.

Questions about 218, Reva Residences

What did unit 218 last sell for?

AED 715,000 on 21 November 2022: AED 1,516 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 787,000 in June 2018.

What is the rent for unit 218?

AED 82,000 a year on the contract signed on 6 March 2025.

How big is unit 218?

471 sqft (43.8 sqm): a one-bedroom apartment on the 2nd floor of a 27-storey tower completed in 2022.

What is unit 218 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 218, Reva Residences

Starts from the last sale price (AED 715K, 21 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 715,000
Deposit, UAE resident (20%)
AED 143,000
Deposit, non-resident (40%)
AED 286,000
Monthly over 25 years at 3.7%
AED 2,925

Plus AED 35,040 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →