2-bed · 914 sqftReva Residences, Business Bay · 10th floor · completed 2022

1016, 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 May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 1016

Unit 1016 · DLD and Ejari recordsUpdated 24 May 2022

Last soldAED 1.45M24 May 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 1016

Property timeline for 1016, Reva Residences

Today

What is 1016 worth today?

Last sold for AED 1,451,100 in 2022

Unlock today's estimate, updated daily, with

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

24 May 2022

24 May 2022Sold by developerOff-plan

AED 1,451,100AED 1,587 per sqft

Source: Dubai Land Department. Updated 24 May 2022.

Key facts

Type: 2-bed apartment
Size: 914 sqft
Floor: 10th of 27
Parking: P1-85
Developer: DAMAC
Completed: 2022
Service charge: AED 22,600 /yr
Last sold: AED 1.45M · May 2022
Building: Reva Residences

About 1016, Reva Residences

1016 is a two-bedroom apartment of 914 sqft on the 10th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 24 May 2022 for AED 1,451,100, or AED 1,587 per sqft, 5% above the AED 1,510 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1016 over time

Sales

Unit 1016, each saleTypical two-bed in Reva Residences

1016 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1016, each contractTypical two-bed in Reva Residences

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 1016 sits

All 130 2-beds →

2-beds in Reva Residences · last 12 months1,710 /sqft Reva Residences · all types2,015 /sqft

1016 last sold in May 2022 at AED 1,587 per sqft, 5% above what two-beds in Reva Residences were fetching at the time (AED 1,510). Over the last 12 months two-beds sold for AED 1,400,000 to 1,730,000, around AED 1,710 per sqft, and rent for AED 68,250 to 145,000 a year.

Recent 2-bed sales	Size	Price (AED)	Per sqft
28 Sep 202628 September 2026	918 sqft	1,400,000	1,525
24 Sep 202624 September 2026	914 sqft	1,484,983	1,624
30 Jul 202630 July 2026	914 sqft	20,788	22
30 Jul 202630 July 2026	914 sqft	59,133	64

11 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. 39 sold in the last 12 months.

Typical price per sqft: AED 2,015 Down 4.9%
Typical sale: AED 1M
Typical rent: AED 75K /yr
Typical yield: 7.1%

Reva Residences, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 600 units in Reva Residences


1001	1-bed	470 sqft	AED 850KAED 850,000 · Dec 2025December 2025	60,000 /yr
1002	1-bed	471 sqft	AED 900KAED 900,000 · May 2024May 2024	80,000 /yr
1003	2-bed	900 sqft	AED 1.15MAED 1,150,000 · Jan 2023January 2023	112,500 /yr
1004	2-bed	914 sqft	AED 1.29MAED 1,285,000 · Apr 2018April 2018	112,000 /yr
1005	1-bed	466 sqft	AED 808KAED 807,840 · Apr 2018April 2018	70,000 /yr
1006	1-bed	470 sqft	AED 839KAED 839,000 · Apr 2018April 2018	65,000 /yr
1007	1-bed	471 sqft	AED 780KAED 780,000 · Jun 2023June 2023	78,000 /yr
1008	1-bed	471 sqft	AED 715KAED 715,000 · Oct 2022October 2022
1009	1-bed	471 sqft	AED 803KAED 803,000 · Apr 2018April 2018	68,200 /yr
1010	1-bed	471 sqft	AED 803KAED 803,000 · Apr 2018April 2018	75,000 /yr
1011	2-bed	914 sqft	AED 1.32MAED 1,317,000 · Apr 2018April 2018	105,000 /yr
1012	1-bed	471 sqft	AED 1MAED 1,000,000 · Nov 2026November 2026	70,000 /yr
1013	1-bed	471 sqft	AED 790KAED 790,000 · Feb 2023February 2023
1014	1-bed	466 sqft	AED 802KAED 802,000 · Mar 2019March 2019	77,000 /yr
1015	1-bed	466 sqft	AED 803KAED 802,890 · Dec 2018December 2018	71,522 /yr
1017	1-bed	476 sqft	AED 1.15MAED 1,150,000 · Nov 2025November 2025	60,000 /yr
1018	1-bed	471 sqft	AED 1.03MAED 1,030,000 · Aug 2024August 2024	68,000 /yr
1019	1-bed	463 sqft	AED 776KAED 776,000 · Dec 2018December 2018
1020	1-bed	471 sqft	AED 789KAED 789,000 · Apr 2019April 2019	72,000 /yr
1021	1-bed	471 sqft	AED 789KAED 789,000 · May 2019May 2019	82,000 /yr
1022	1-bed	471 sqft	AED 789KAED 789,000 · Nov 2018November 2018
1023	2-bed	915 sqft	AED 1.29MAED 1,289,000 · Mar 2019March 2019	95,000 /yr

1–7 of 22

1016, Reva Residences in numbers

Sold once: by DAMAC on 24 May 2022 for AED 1,451,100, or AED 1,587 per sqft.
Two-beds in Reva Residences sold for AED 1,400,000–1,730,000 in the 12 months to November 2026; the building's median across all types is AED 2,015 per sqft.

Source: Dubai Land Department. Updated 24 May 2022.

Questions about 1016, Reva Residences

What did unit 1016 last sell for?

AED 1,451,100 on 24 May 2022, sold by the developer: AED 1,587 per sqft for 914 sqft. It is the only registered sale of the unit.

How big is unit 1016?

914 sqft (84.9 sqm): a two-bedroom apartment on the 10th floor of a 27-storey tower completed in 2022.

What is unit 1016 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 1,400,000 to 1,730,000 in the last 12 months, around AED 1,710 per sqft.

Selling 1016? 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 1016, Reva Residences

Starts from the last sale price (AED 1.45M, 24 May 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,451,100
Deposit, UAE resident (20%): AED 290,220
Deposit, non-resident (40%): AED 580,440
Monthly over 25 years at 3.7%: AED 5,937

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →