2-bed · 915 sqftReva Residences, Business Bay · 6th floor · completed 2022

623, Reva Residences

Sold prices and rental history: sold once, by the developer in June 2021, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 623 · DLD and Ejari recordsUpdated 6 July 2025
Last soldAED 1.18M30 June 2021
Current rentAED 104K /yr6 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 623, Reva Residences

What is 623 worth today?

Last sold for AED 1,178,550 in 2021

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6 Jul 2025RentedNew contract
AED 104,439/yr12 months · AED 114 per sqft
1 Jun 2024RentedNew contract
AED 113,000/yr12 months · AED 124 per sqft
30 Jun 2021Sold by developerOff-plan
AED 1,178,550AED 1,288 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 July 2025.

Key facts

Type
2-bed apartment
Size
915 sqft
Floor
6th of 27
Parking
P1-117
Developer
DAMAC
Completed
2022
Service charge
AED 22,600 /yr
Last sold
AED 1.18M · June 2021

About 623, Reva Residences

623 is a two-bedroom apartment of 915 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 30 June 2021 for AED 1,178,550, or AED 1,288 per sqft.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 6 July 2025, is AED 104,439 a year: a gross yield of 8.9% on the 2021 price, before the service charge of about AED 22,600 a year.

Sales and rents for 623 over time

Sales
Unit 623, 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, June 2021: AED 1,178,550 (AED 1,288 per sqft)

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

Rents
Unit 623, 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 110,000New contract, June 2024: AED 113,000 a yearNew contract, July 2025: AED 104,439 a year

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 623 sits

All 124 2-beds →

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. 623's AED 104,439 is in the lower half of that range.

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 6th floor

All 600 units in Reva Residences
Value
6011-bedAED 780K · Mar 2020
6021-bedAED 792K · Aug 2021
6032-bedAED 1.29M · Oct 2021
6042-bedAED 1.28M · Oct 2019
6051-bedAED 800K · Jan 2025
6061-bedAED 910K · May 2024
6071-bedAED 956K · Jul 2022
1–7 of 22

623, Reva Residences in numbers

  • Sold once: by DAMAC on 30 June 2021 for AED 1,178,550, or AED 1,288 per sqft.
  • Rented since June 2024 on 2 Ejari contracts, from AED 113,000 to AED 104,439 a year.
  • At AED 104,439 a year the gross yield on the 2021 price is 8.9%, before a service charge of about AED 22,600 a year (AED 24.73 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 6 July 2025.

Questions about 623, Reva Residences

What did unit 623 last sell for?

AED 1,178,550 on 30 June 2021, sold by the developer: AED 1,288 per sqft for 915 sqft. It is the only registered sale of the unit.

What is the rent for unit 623?

AED 104,439 a year on the contract signed on 6 July 2025. The previous contract, from June 2024, was AED 113,000.

How big is unit 623?

915 sqft (85.0 sqm): a two-bedroom apartment on the 6th floor of a 27-storey tower completed in 2022.

What is unit 623 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.

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Mortgage on 623, Reva Residences

Starts from the last sale price (AED 1.18M, 30 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,178,550
Deposit, UAE resident (20%)
AED 235,710
Deposit, non-resident (40%)
AED 471,420
Monthly over 25 years at 3.7%
AED 4,822

Plus AED 54,509 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →