1-bed · 470 sqftReva Residences, Business Bay · 6th floor · completed 2022

601, Reva Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in March 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 23 October 2024

Last soldAED 780K18 March 2020

Current rentAED 73K /yr23 October 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 601, Reva Residences

Today

What is 601 worth today?

Last sold for AED 780,000 in 2020

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23 Oct 2024

23 Oct 2024RentedNew contract

AED 73,333/yr36 months · AED 156 per sqft

2 Oct 2023

2 Oct 2023RentedNew contract

AED 72,000/yr12 months · AED 152 per sqft

12 Sep 2022

12 Sep 2022RentedNew contract

AED 61,000/yr12 months · AED 129 per sqft

18 Mar 2020

18 Mar 2020Sold by developerOff-plan

AED 780,000AED 1,657 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 October 2024.

Key facts

Type: 1-bed apartment
Size: 470 sqft
Floor: 6th of 27
Parking: B-109
Developer: DAMAC
Completed: 2022
Service charge: AED 11,600 /yr
Last sold: AED 780K · March 2020
Building: Reva Residences

About 601, Reva Residences

601 is a one-bedroom apartment of 470 sqft on the 6th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 18 March 2020 for AED 780,000, or AED 1,657 per sqft, 4% below the AED 1,726 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 23 October 2024, is AED 73,333 a year: a gross yield of 9.4% on the 2020 price, before the service charge of about AED 11,600 a year.

Sales and rents for 601 over time

Sales

Unit 601, each saleTypical one-bed in Reva Residences

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

Rents

Unit 601, each contractTypical one-bed in Reva Residences

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 601 sits

All 449 1-beds →

1-beds in Reva Residences · last 12 months2,147 /sqft Reva Residences · all types1,952 /sqft

601 last sold in March 2020 at AED 1,657 per sqft, 4% below what one-beds in Reva Residences were fetching at the time (AED 1,726). 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. 601's AED 73,333 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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 6th floor

All 600 units in Reva Residences


602	1-bed	471 sqft	AED 792KAED 792,000 · Aug 2021August 2021	69,404 /yr
603	2-bed	900 sqft	AED 1.29MAED 1,289,000 · Oct 2021October 2021	107,000 /yr
604	2-bed	914 sqft	AED 1.28MAED 1,278,000 · Oct 2019October 2019	112,000 /yr
605	1-bed	473 sqft	AED 800KAED 800,000 · Jan 2025January 2025	78,000 /yr
606	1-bed	470 sqft	AED 910KAED 910,000 · May 2024May 2024	72,000 /yr
607	1-bed	471 sqft	AED 956KAED 956,000 · Jul 2022July 2022
608	1-bed	471 sqft	AED 798KAED 797,720 · Jul 2022July 2022	70,000 /yr
609	1-bed	471 sqft	AED 903KAED 903,000 · Jun 2022June 2022	60,000 /yr
610		471 sqft	AED 980KAED 980,000 · Oct 2025October 2025	68,000 /yr
611	2-bed	914 sqft	AED 1.33MAED 1,333,000 · Jan 2022January 2022	105,000 /yr
612	1-bed	471 sqft	AED 794KAED 794,000 · Nov 2019November 2019	65,000 /yr
613		471 sqft	AED 1MAED 1,000,000 · Nov 2025November 2025	77,000 /yr
614	1-bed	466 sqft	AED 900KAED 900,000 · Dec 2023December 2023	102,000 /yr
615	1-bed	466 sqft	AED 808KAED 808,000 · Mar 2021March 2021	80,000 /yr
616	2-bed	914 sqft	AED 1.39MAED 1,387,200 · Dec 2024December 2024
617	1-bed	466 sqft	AED 837KAED 836,850 · Apr 2022April 2022	73,500 /yr
618	1-bed	471 sqft	AED 793KAED 793,000 · Nov 2021November 2021	88,000 /yr
619	1-bed	463 sqft	AED 782KAED 782,000 · Nov 2019November 2019	75,000 /yr
620	1-bed	471 sqft	AED 793KAED 793,000 · Jul 2021July 2021	97,900 /yr
621	1-bed	471 sqft	AED 865KAED 865,000 · Dec 2023December 2023
622	1-bed	471 sqft	AED 799KAED 798,700 · Jul 2022July 2022	75,000 /yr
623	2-bed	915 sqft	AED 1.18MAED 1,178,550 · Jun 2021June 2021	104,439 /yr

1–7 of 22

601, Reva Residences in numbers

Sold once: by DAMAC on 18 March 2020 for AED 780,000, or AED 1,657 per sqft.
Rented since September 2022 on 3 Ejari contracts, from AED 61,000 to AED 73,333 a year.
At AED 73,333 a year the gross yield on the 2020 price is 9.4%, 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 23 October 2024.

Questions about 601, Reva Residences

What did unit 601 last sell for?

AED 780,000 on 18 March 2020, sold by the developer: AED 1,657 per sqft for 470 sqft. It is the only registered sale of the unit.

What is the rent for unit 601?

AED 73,333 a year on the contract signed on 23 October 2024. The previous contract, from October 2023, was AED 72,000; the unit has been rented since September 2022.

How big is unit 601?

470 sqft (43.7 sqm): a one-bedroom apartment on the 6th floor of a 27-storey tower completed in 2022.

What is unit 601 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 601, Reva Residences

Starts from the last sale price (AED 780K, 18 March 2020). Switch to today's estimate once you have unlocked it.

Price: AED 780,000
Deposit, UAE resident (20%): AED 156,000
Deposit, non-resident (40%): AED 312,000
Monthly over 25 years at 3.7%: AED 3,191

Plus AED 37,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →