2-bed · 915 sqftReva Residences, Business Bay · 10th floor · completed 2022

1023, Reva Residences

Sold prices and rental history: sold once, by the developer in March 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1023 · DLD and Ejari recordsUpdated 9 October 2026
Last soldAED 1.29M12 March 2019
Current rentAED 95K /yr9 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1023, Reva Residences

What is 1023 worth today?

Last sold for AED 1,289,000 in 2019

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9 Oct 2026RentedRenewal
AED 95,000/yr12 months · AED 104 per sqft
9 Oct 2025RentedRenewal
AED 99,750/yr12 months · AED 109 per sqft
9 Oct 2024RentedNew contract
AED 95,000/yr12 months · AED 104 per sqft
1 Nov 2023RentedNew contract
AED 100,000/yr12 months · AED 109 per sqft
9 Sep 2022RentedNew contract
AED 85,000/yr12 months · AED 93 per sqft
12 Mar 2019Sold by developerOff-plan
AED 1,289,000AED 1,409 per sqft

Source: Dubai Land Department. Updated 9 October 2026.

Key facts

Type
2-bed apartment
Size
915 sqft
Floor
10th of 27
Parking
P1-86
Developer
DAMAC
Completed
2022
Service charge
AED 22,600 /yr
Last sold
AED 1.29M · March 2019

About 1023, Reva Residences

1023 is a two-bedroom apartment of 915 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 12 March 2019 for AED 1,289,000, or AED 1,409 per sqft, in line with the AED 1,428 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 9 October 2026, is AED 95,000 a year: a gross yield of 7.4% on the 2019 price, before the service charge of about AED 22,600 a year.

Sales and rents for 1023 over time

Sales
Unit 1023, each saleTypical two-bed in Reva Residences
1.4M1.6M2018202120242027Typical sale price by year: 2018 AED 1,300,460; 2019 AED 1,322,000; 2020 AED 1,333,500; 2021 AED 1,292,000; 2022 AED 1,380,750; 2023 AED 1,325,000; 2024 AED 1,600,000; 2025 AED 1,550,000; 2026 AED 1,492,492Sold by developer, March 2019: AED 1,289,000 (AED 1,409 per sqft)

1023 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1023, each contractTypical two-bed in Reva Residences
100K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 95,500; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 99,599New contract, September 2022: AED 85,000 a yearNew contract, November 2023: AED 100,000 a yearNew contract, October 2024: AED 95,000 a yearRenewal, October 2025: AED 99,750 a yearRenewal, October 2026: AED 95,000 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 1023 sits

All 130 2-beds →

1023 last sold in March 2019 at AED 1,409 per sqft, in line with what two-beds in Reva Residences were fetching at the time (AED 1,428). 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. 1023's AED 95,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Sep 20261,400,000
24 Sep 20261,484,983
30 Jul 202620,788
30 Jul 202659,133
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
Value
10011-bedAED 850K · Dec 2025
10021-bedAED 900K · May 2024
10032-bedAED 1.15M · Jan 2023
10042-bedAED 1.29M · Apr 2018
10051-bedAED 808K · Apr 2018
10061-bedAED 839K · Apr 2018
10071-bedAED 780K · Jun 2023
1–7 of 22

1023, Reva Residences in numbers

  • Sold once: by DAMAC on 12 March 2019 for AED 1,289,000, or AED 1,409 per sqft.
  • Rented since September 2022 on 5 Ejari contracts, from AED 85,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2019 price is 7.4%, before a service charge of about AED 22,600 a year (AED 24.73 per sqft).
  • Two-beds in Reva Residences sold for AED 1,400,000–1,730,000 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 9 October 2026.

Questions about 1023, Reva Residences

What did unit 1023 last sell for?

AED 1,289,000 on 12 March 2019, sold by the developer: AED 1,409 per sqft for 915 sqft. It is the only registered sale of the unit.

What is the rent for unit 1023?

AED 95,000 a year on the contract renewed on 9 October 2026. The previous contract, from October 2025, was AED 99,750; the unit has been rented since September 2022.

How big is unit 1023?

915 sqft (85.0 sqm): a two-bedroom apartment on the 10th floor of a 27-storey tower completed in 2022.

What is unit 1023 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.

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Mortgage on 1023, Reva Residences

Starts from the last sale price (AED 1.29M, 12 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,289,000
Deposit, UAE resident (20%)
AED 257,800
Deposit, non-resident (40%)
AED 515,600
Monthly over 25 years at 3.7%
AED 5,274

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