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

2320, Reva Residences

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

Unit 2320 · DLD and Ejari recordsUpdated 12 March 2025
Last soldAED 980K3 July 2024
Current rentAED 95K /yr12 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2320, Reva Residences

What is 2320 worth today?

Last sold for AED 980,000 in 2024

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12 Mar 2025RentedNew contract
AED 95,000/yr12 months · AED 201 per sqft
15 Aug 2024RentedNew contract
AED 95,000/yr12 months · AED 201 per sqft
3 Jul 2024SoldReady
AED 980,000AED 2,081 per sqft
16 Jan 2019Sold by developerOff-plan
AED 829,000AED 1,760 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 March 2025.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
23rd of 27
Parking
P2-31
Developer
DAMAC
Completed
2022
Service charge
AED 11,600 /yr
Last sold
AED 980K · July 2024

About 2320, Reva Residences

2320 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 3 July 2024 for AED 980,000, or AED 2,081 per sqft, 3% above the AED 2,018 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 12 March 2025, is AED 95,000 a year: a gross yield of 9.7% on the 2024 price, before the service charge of about AED 11,600 a year.

Sales and rents for 2320 over time

Sales
Unit 2320, 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, January 2019: AED 829,000 (AED 1,760 per sqft)Sold, July 2024: AED 980,000 (AED 2,081 per sqft)

2320 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2320, each contractTypical one-bed in Reva Residences
60K80K100K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 80,000New contract, August 2024: AED 95,000 a yearNew contract, March 2025: AED 95,000 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 2320 sits

All 449 1-beds →

2320 last sold in July 2024 at AED 2,081 per sqft, 3% above what one-beds in Reva Residences were fetching at the time (AED 2,018). 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. 2320's AED 95,000 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

2320, Reva Residences in numbers

  • Sold twice: first on 16 January 2019 for AED 829,000, last on 3 July 2024 for AED 980,000 (AED 2,081 per sqft).
  • Rented since August 2024 on 2 Ejari contracts, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2024 price is 9.7%, before a service charge of about AED 11,600 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 12 March 2025.

Questions about 2320, Reva Residences

What did unit 2320 last sell for?

AED 980,000 on 3 July 2024: AED 2,081 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 829,000 in January 2019.

What is the rent for unit 2320?

AED 95,000 a year on the contract signed on 12 March 2025. The previous contract, from August 2024, was AED 95,000.

How big is unit 2320?

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

What is unit 2320 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 2320, Reva Residences

Starts from the last sale price (AED 980K, 3 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

Plus AED 46,170 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →