407, Reva Residences
Sold prices and rental history: sold once, by the developer in May 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Reva Residences
What is 407 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 463 sqft
- Floor
- 4th of 27
- Parking
- B-77
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 11,500 /yr
- Last sold
- AED 779K · May 2019
- Building
- Reva Residences
About 407, Reva Residences
407 is a one-bedroom apartment of 463 sqft on the 4th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 20 May 2019 for AED 779,000, or AED 1,681 per sqft, in line with the AED 1,722 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 68,145 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 11,500 a year.
Sales and rents for 407 over time
407 has sold once; 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 407 sits
All 449 1-beds →407 last sold in May 2019 at AED 1,681 per sqft, in line with what one-beds in Reva Residences were fetching at the time (AED 1,722). 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. 407's AED 68,145 is in the lower half 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 4th floor
All 600 units in Reva Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 470 sqft | AED 850KAED 850,000 · Jul 2023July 2023 | 75,000 /yr | |
| 402 | 1-bed | 471 sqft | AED 776KAED 776,000 · Oct 2019October 2019 | ||
| 403 | 2-bed | 900 sqft | AED 1.27MAED 1,267,000 · May 2019May 2019 | 110,000 /yr | |
| 404 | 2-bed | 905 sqft | AED 1.27MAED 1,274,000 · Oct 2019October 2019 | 110,000 /yr | |
| 405 | 1-bed | 472 sqft | AED 900KAED 900,000 · Jul 2024July 2024 | 80,000 /yr | |
| 406 | 1-bed | 470 sqft | AED 815KAED 815,000 · May 2019May 2019 | 70,000 /yr | |
| 408 | 1-bed | 471 sqft | AED 951KAED 951,000 · Aug 2022August 2022 | 80,000 /yr | |
| 409 | 1-bed | 471 sqft | AED 842KAED 842,100 · Jun 2022June 2022 | ||
| 410 | 1-bed | 471 sqft | AED 842KAED 842,100 · May 2022May 2022 | ||
| 411 | 2-bed | 914 sqft | AED 1.31MAED 1,306,000 · Sep 2019September 2019 | 110,000 /yr | |
| 412 | 1-bed | 471 sqft | AED 910KAED 910,000 · Jul 2024July 2024 | ||
| 413 | 1-bed | 471 sqft | AED 948KAED 948,000 · Aug 2022August 2022 | ||
| 414 | 466 sqft | AED 1MAED 1,000,000 · Nov 2025November 2025 | 81,000 /yr | ||
| 415 | 1-bed | 466 sqft | AED 800KAED 800,000 · Apr 2019April 2019 | 72,000 /yr | |
| 416 | 2-bed | 914 sqft | AED 1MAED 1,000,000 · Dec 2023December 2023 | 115,000 /yr | |
| 417 | 1-bed | 466 sqft | AED 768KAED 768,000 · Sep 2019September 2019 | ||
| 418 | 1-bed | 236 sqft | AED 345KAED 345,000 · Dec 2022December 2022 | ||
| 419 | 1-bed | 463 sqft | AED 765KAED 765,000 · Mar 2019March 2019 | 73,000 /yr | |
| 420 | 1-bed | 471 sqft | AED 778KAED 778,000 · Apr 2019April 2019 | 61,000 /yr | |
| 421 | 1-bed | 471 sqft | AED 778KAED 778,000 · Mar 2019March 2019 | 75,000 /yr | |
| 422 | 1-bed | 471 sqft | AED 1MAED 1,000,000 · May 2025May 2025 | ||
| 423 | 2-bed | 915 sqft | AED 1.28MAED 1,279,000 · May 2019May 2019 |
407, Reva Residences in numbers
- Sold once: by DAMAC on 20 May 2019 for AED 779,000, or AED 1,681 per sqft.
- Rented since September 2022 on 3 Ejari contracts, from AED 59,000 to AED 68,145 a year.
- At AED 68,145 a year the gross yield on the 2019 price is 8.8%, before a service charge of about AED 11,500 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 September 2024.
Questions about 407, Reva Residences
What did unit 407 last sell for?
AED 779,000 on 20 May 2019, sold by the developer: AED 1,681 per sqft for 463 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 68,145 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 61,950; the unit has been rented since September 2022.
How big is unit 407?
463 sqft (43.0 sqm): a one-bedroom apartment on the 4th floor of a 27-storey tower completed in 2022.
What is unit 407 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 407, Reva Residences
Starts from the last sale price (AED 779K, 20 May 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 779,000
- Deposit, UAE resident (20%)
- AED 155,800
- Deposit, non-resident (40%)
- AED 311,600
- Monthly over 25 years at 3.7%
- AED 3,187
Plus AED 37,728 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →