2703, Reva Residences
Sold prices and rental history: sold twice, last in December 2023, and rented once, from June 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2703, Reva Residences
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Source: YallaValue analysis of Dubai Land Department records. Updated 27 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 469 sqft
- Floor
- 27th of 27
- Parking
- nan
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 11,600 /yr
- Last sold
- AED 900K · December 2023
- Building
- Reva Residences
About 2703, Reva Residences
2703 is a one-bedroom apartment of 469 sqft on the 27th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 6 December 2023 for AED 900,000, or AED 1,917 per sqft, 7% above the AED 1,795 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 27 June 2024. The current contract, signed on 27 June 2024, is AED 30,000 a year: a gross yield of 3.3% on the 2023 price, before the service charge of about AED 11,600 a year.
Sales and rents for 2703 over time
2703 has sold twice; the dashed line is the one-bed median of each year in the building.
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 2703 sits
All 449 1-beds →2703 last sold in December 2023 at AED 1,917 per sqft, 7% above what one-beds in Reva Residences were fetching at the time (AED 1,795). 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. 2703's AED 30,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jan 202619 January 2026 | 471 sqft | 1,020,000 | 2,163 | ||
| 25 Dec 202525 December 2025 | 473 sqft | 1,090,000 | 2,304 | ||
| 23 Dec 202523 December 2025 | 471 sqft | 1,080,000 | 2,293 | ||
| 16 Dec 202516 December 2025 | 250 sqft | 480,000 | 1,921 |
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 27th floor
All 600 units in Reva Residences2703, Reva Residences in numbers
- Sold twice: first on 22 March 2022 for AED 901,000, last on 6 December 2023 for AED 900,000 (AED 1,917 per sqft).
- Rented since June 2024 on one Ejari contract, at AED 30,000 a year.
- At AED 30,000 a year the gross yield on the 2023 price is 3.3%, 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 27 June 2024.
Questions about 2703, Reva Residences
What did unit 2703 last sell for?
AED 900,000 on 6 December 2023: AED 1,917 per sqft for 469 sqft. The unit has 2 registered sales; the first was AED 901,000 in March 2022.
What is the rent for unit 2703?
AED 30,000 a year on the contract signed on 27 June 2024.
How big is unit 2703?
469 sqft (43.6 sqm): a one-bedroom apartment on the 27th floor of a 27-storey tower completed in 2022.
What is unit 2703 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 2703, Reva Residences
Starts from the last sale price (AED 900K, 6 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus AED 42,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →