2-bed · 905 sqftReva Residences, Business Bay · 3rd floor · completed 2022

304, Reva Residences

Sold prices and rental history: sold once, by the developer in December 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 19 December 2018
Last soldAED 1.25M19 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Reva Residences

What is 304 worth today?

Last sold for AED 1,247,540 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Dec 2018Sold by developerOff-plan
AED 1,247,540AED 1,378 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 December 2018.

Key facts

Type
2-bed apartment
Size
905 sqft
Floor
3rd of 27
Parking
P1-98
Developer
DAMAC
Completed
2022
Service charge
AED 22,400 /yr
Last sold
AED 1.25M · December 2018

About 304, Reva Residences

304 is a two-bedroom apartment of 905 sqft on the 3rd floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 19 December 2018 for AED 1,247,540, or AED 1,378 per sqft, 3% below the AED 1,426 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Reva Residences
1.2M1.4M1.6M20182020202220242026Typical sale price by year: 2018 AED 1,301,760; 2019 AED 1,320,000; 2020 AED 1,333,500; 2021 AED 1,292,000; 2022 AED 1,380,750; 2023 AED 1,300,000; 2024 AED 1,600,000; 2025 AED 1,540,000Sold by developer, December 2018: AED 1,247,540 (AED 1,378 per sqft)

304 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 304, each contractTypical two-bed in Reva Residences
90K100K110K202220242026Typical rent by year: 2022 AED 92,000; 2023 AED 96,750; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 110,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Reva Residences, and where 304 sits

All 124 2-beds →

304 last sold in December 2018 at AED 1,378 per sqft, 3% below what two-beds in Reva Residences were fetching at the time (AED 1,426). Over the last 12 months two-beds sold for AED 1,500,000 to 1,730,000, around AED 1,749 per sqft, and rent for AED 99,750 to 145,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Jan 20261,500,000
23 Jan 20261,670,000
5 Jan 202661,112
30 Dec 20251,540,000
7 2-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 3rd floor

All 600 units in Reva Residences
Value
3011-bedAED 774K · May 2018
3021-bedAED 774K · Apr 2018
3032-bedAED 1.25M · Oct 2018
3051-bedAED 803K · May 2018
3061-bedAED 911K · Jul 2022
3071-bedAED 550K · Oct 2021
3081-bedAED 950K · Mar 2024
1–7 of 22

304, Reva Residences in numbers

  • Sold once: by DAMAC on 19 December 2018 for AED 1,247,540, or AED 1,378 per sqft.
  • Two-beds in Reva Residences sold for AED 1,500,000–1,730,000 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 19 December 2018.

Questions about 304, Reva Residences

What did unit 304 last sell for?

AED 1,247,540 on 19 December 2018, sold by the developer: AED 1,378 per sqft for 905 sqft. It is the only registered sale of the unit.

How big is unit 304?

905 sqft (84.1 sqm): a two-bedroom apartment on the 3rd floor of a 27-storey tower completed in 2022.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Reva Residences sold for AED 1,500,000 to 1,730,000 in the last 12 months, around AED 1,749 per sqft.

Selling 304? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 304, Reva Residences

Starts from the last sale price (AED 1.25M, 19 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,247,540
Deposit, UAE resident (20%)
AED 249,508
Deposit, non-resident (40%)
AED 499,016
Monthly over 25 years at 3.7%
AED 5,104

Plus AED 57,407 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →