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1-bed · 471 sqftReva Residences, Business Bay · 23rd floor · completed 2022

2308, Reva Residences

Sold prices and rental history: sold 3 times, last in July 2023, and rented once, from February 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2308 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 1.01M28 July 2023
Current rentAED 85K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2308, Reva Residences

What is 2308 worth today?

Last sold for AED 1,005,000 in 2023

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1 Feb 2025RentedNew contract
AED 85,000/yr12 months · AED 179 per sqft
28 Jul 2023SoldReady
AED 1,005,000AED 2,131 per sqft
14 Jul 2023SoldReady
AED 840,000AED 1,781 per sqft
11 Mar 2019Sold by developerOff-plan
AED 852,000AED 1,807 per sqft

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

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
23rd of 27
Parking
P2-21
Developer
DAMAC
Completed
2022
Service charge
AED 11,700 /yr
Last sold
AED 1.01M · July 2023
Building
Reva Residences

About 2308, Reva Residences

2308 is a one-bedroom apartment of 471 sqft on the 23rd floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 28 July 2023 for AED 1,005,000, or AED 2,131 per sqft, 21% above the AED 1,759 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2025. The current contract, signed on 1 February 2025, is AED 85,000 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 11,700 a year.

Sales and rents for 2308 over time

Sales
Unit 2308, 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, March 2019: AED 852,000 (AED 1,807 per sqft)Sold, July 2023: AED 1,005,000 (AED 2,131 per sqft)Sold, July 2023: AED 840,000 (AED 1,781 per sqft)

2308 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2308, 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, February 2025: AED 85,000 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 2308 sits

All 449 1-beds →

2308 last sold in July 2023 at AED 2,131 per sqft, 21% above what one-beds in Reva Residences were fetching at the time (AED 1,759). 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. 2308's AED 85,000 is in the upper 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 23rd floor

All 600 units in Reva Residences
Value
23011-bedAED 827K · Feb 2019
23021-bedAED 792K · Nov 2022
23032-bedAED 1.7M · Jan 2025
23042-bedAED 1.33M · Sep 2019
23051-bedAED 925K · Sep 2023
23061-bedAED 867K · May 2019
23071-bedAED 830K · Dec 2018
1–7 of 22

2308, Reva Residences in numbers

  • Sold 3 times: first on 11 March 2019 for AED 852,000, last on 28 July 2023 for AED 1,005,000 (AED 2,131 per sqft).
  • Rented since February 2025 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 8.5%, 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 1 February 2025.

Questions about 2308, Reva Residences

What did unit 2308 last sell for?

AED 1,005,000 on 28 July 2023: AED 2,131 per sqft for 471 sqft. The unit has 3 registered sales; the first was AED 852,000 in March 2019.

What is the rent for unit 2308?

AED 85,000 a year on the contract signed on 1 February 2025.

How big is unit 2308?

471 sqft (43.8 sqm): a one-bedroom apartment on the 23rd floor of a 27-storey tower completed in 2022.

What is unit 2308 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 2308, Reva Residences

Starts from the last sale price (AED 1.01M, 28 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,005,000
Deposit, UAE resident (20%)
AED 201,000
Deposit, non-resident (40%)
AED 402,000
Monthly over 25 years at 3.7%
AED 4,112

Plus AED 47,220 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →