1-bed · 471 sqftReva Residences, Business Bay · 22nd floor · completed 2022

2208, Reva Residences

Sold prices and rental history: sold twice, last in January 2023, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2208 · DLD and Ejari recordsUpdated 29 July 2024
Last soldAED 710K31 January 2023
Current rentAED 82K /yr29 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2208, Reva Residences

What is 2208 worth today?

Last sold for AED 710,000 in 2023

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29 Jul 2024RentedRenewal
AED 82,000/yr12 months · AED 173 per sqft
31 Jan 2023SoldReady
AED 710,000AED 1,505 per sqft
17 May 2022Sold by developerOff-plan
AED 905,100AED 1,919 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 July 2024.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
22nd of 27
Parking
P2-03
Developer
DAMAC
Completed
2022
Service charge
AED 11,700 /yr
Last sold
AED 710K · January 2023

About 2208, Reva Residences

2208 is a one-bedroom apartment of 471 sqft on the 22nd floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 31 January 2023 for AED 710,000, or AED 1,505 per sqft, 16% below the AED 1,796 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 29 July 2024. The current contract, renewed on 29 July 2024, is AED 82,000 a year: a gross yield of 11.6% on the 2023 price, before the service charge of about AED 11,700 a year.

Sales and rents for 2208 over time

Sales
Unit 2208, 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, May 2022: AED 905,100 (AED 1,919 per sqft)Sold, January 2023: AED 710,000 (AED 1,505 per sqft)

2208 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2208, 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 80,000Renewal, July 2024: 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 2208 sits

All 449 1-beds →

2208 last sold in January 2023 at AED 1,505 per sqft, 16% below what one-beds in Reva Residences were fetching at the time (AED 1,796). 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. 2208'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 22nd floor

All 600 units in Reva Residences
Value
22011-bedAED 825K · Sep 2019
22021-bedAED 825K · Oct 2019
22032-bedAED 1.33M · Sep 2019
22042-bedAED 1.67M · Jan 2026
22051-bedAED 913K · Aug 2022
22061-bedAED 838K · Jun 2019
22071-bedAED 950K · May 2024
1–7 of 22

2208, Reva Residences in numbers

  • Sold twice: first on 17 May 2022 for AED 905,100, last on 31 January 2023 for AED 710,000 (AED 1,505 per sqft).
  • Rented since July 2024 on one Ejari contract, at AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2023 price is 11.6%, 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 29 July 2024.

Questions about 2208, Reva Residences

What did unit 2208 last sell for?

AED 710,000 on 31 January 2023: AED 1,505 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 905,100 in May 2022.

What is the rent for unit 2208?

AED 82,000 a year on the contract renewed on 29 July 2024.

How big is unit 2208?

471 sqft (43.8 sqm): a one-bedroom apartment on the 22nd floor of a 27-storey tower completed in 2022.

What is unit 2208 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 2208, Reva Residences

Starts from the last sale price (AED 710K, 31 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 710,000
Deposit, UAE resident (20%)
AED 142,000
Deposit, non-resident (40%)
AED 284,000
Monthly over 25 years at 3.7%
AED 2,905

Plus AED 34,830 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →