2-bed · 914 sqftReva Residences, Business Bay · 11th floor · completed 2022

1116, 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 twice, last in December 2023, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1116 · DLD and Ejari recordsUpdated 28 December 2023

Last soldAED 1.6M28 December 2023

Current rentAED 93K /yr25 November 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1116, Reva Residences

Today

What is 1116 worth today?

Last sold for AED 1,600,000 in 2023

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28 Dec 2023

28 Dec 2023SoldReady

AED 1,600,000AED 1,749 per sqft

25 Nov 2022

25 Nov 2022RentedNew contract

AED 93,000/yr12 months · AED 102 per sqft

4 Dec 2018

4 Dec 2018Sold by developerOff-plan

AED 1,345,410AED 1,471 per sqft

Source: Dubai Land Department. Updated 28 December 2023.

Key facts

Type: 2-bed apartment
Size: 914 sqft
Floor: 11th of 27
Parking: P1-38
Developer: DAMAC
Completed: 2022
Service charge: AED 22,600 /yr
Last sold: AED 1.6M · December 2023
Building: Reva Residences

About 1116, Reva Residences

1116 is a two-bedroom apartment of 914 sqft on the 11th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 28 December 2023 for AED 1,600,000, or AED 1,749 per sqft, 19% above the AED 1,471 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 November 2022. The current contract, signed on 25 November 2022, is AED 93,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 22,600 a year.

Sales and rents for 1116 over time

Sales

Unit 1116, each saleTypical two-bed in Reva Residences

1116 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1116, 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 1116 sits

All 130 2-beds →

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

1116 last sold in December 2023 at AED 1,749 per sqft, 19% above what two-beds in Reva Residences were fetching at the time (AED 1,471). 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. 1116's AED 93,000 is in the lower half of that range.

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 11th floor

All 600 units in Reva Residences


1101	1-bed	470 sqft	AED 872KAED 872,000 · Nov 2022November 2022
1102	1-bed	471 sqft	AED 1MAED 1,000,000 · Feb 2025February 2025	75,000 /yr
1103	2-bed	900 sqft	AED 1.28MAED 1,280,000 · Jun 2020June 2020	100,000 /yr
1104	2-bed	914 sqft	AED 1.38MAED 1,380,750 · Apr 2022April 2022
1105	1-bed	473 sqft	AED 850KAED 850,000 · Oct 2026October 2026	85,000 /yr
1106	1-bed	470 sqft	AED 828KAED 828,000 · Mar 2019March 2019	57,000 /yr
1107	1-bed	471 sqft	AED 1.03MAED 1,025,000 · Apr 2024April 2024	75,000 /yr
1108	1-bed	471 sqft	AED 935KAED 935,000 · May 2024May 2024	80,000 /yr
1109	1-bed	471 sqft	AED 1MAED 1,000,000 · May 2026May 2026	68,000 /yr
1110	1-bed	471 sqft	AED 831KAED 831,040 · Oct 2022October 2022	70,000 /yr
1111	2-bed	914 sqft	AED 1.32MAED 1,319,000 · Feb 2019February 2019
1112	1-bed	471 sqft	AED 1.1MAED 1,100,000 · Nov 2023November 2023	75,000 /yr
1113	1-bed	471 sqft	AED 950KAED 950,000 · Jun 2024June 2024	65,000 /yr
1114	1-bed	466 sqft	AED 1.02MAED 1,020,000 · Nov 2025November 2025	81,000 /yr
1115	1-bed	466 sqft	AED 813KAED 813,000 · Nov 2018November 2018	74,000 /yr
1117	1-bed	466 sqft	AED 773KAED 773,190 · Nov 2018November 2018	75,000 /yr
1118	1-bed	471 sqft	AED 796KAED 795,960 · Dec 2018December 2018
1119	1-bed	471 sqft	AED 778KAED 778,000 · Nov 2018November 2018	60,000 /yr
1120	1-bed	471 sqft	AED 960KAED 960,000 · Jan 2024January 2024	75,000 /yr
1121	1-bed	471 sqft	AED 860KAED 860,000 · Jun 2023June 2023
1122	1-bed	436 sqft	AED 840KAED 840,000 · Jul 2023July 2023	62,000 /yr
1123	2-bed	915 sqft	AED 1.56MAED 1,560,000 · Sep 2025September 2025	95,000 /yr

1–7 of 22

1116, Reva Residences in numbers

Sold twice: first on 4 December 2018 for AED 1,345,410, last on 28 December 2023 for AED 1,600,000 (AED 1,749 per sqft).
Rented since November 2022 on one Ejari contract, at AED 93,000 a year.
At AED 93,000 a year the gross yield on the 2023 price is 5.8%, 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 28 December 2023.

Questions about 1116, Reva Residences

What did unit 1116 last sell for?

AED 1,600,000 on 28 December 2023: AED 1,749 per sqft for 914 sqft. The unit has 2 registered sales; the first was AED 1,345,410 in December 2018.

What is the rent for unit 1116?

AED 93,000 a year on the contract signed on 25 November 2022.

How big is unit 1116?

914 sqft (84.9 sqm): a two-bedroom apartment on the 11th floor of a 27-storey tower completed in 2022.

What is unit 1116 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 1116, Reva Residences

Starts from the last sale price (AED 1.6M, 28 December 2023). Switch to today's estimate once you have unlocked it.

Price: AED 1,600,000
Deposit, UAE resident (20%): AED 320,000
Deposit, non-resident (40%): AED 640,000
Monthly over 25 years at 3.7%: AED 6,546

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