1-bed · 471 sqftReva Residences, Business Bay · 11th floor · completed 2022

1118, Reva Residences

Sold prices and rental history: sold once, by the developer in December 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1118 · DLD and Ejari recordsUpdated 19 December 2018
Last soldAED 796K19 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1118, Reva Residences

What is 1118 worth today?

Last sold for AED 795,960 in 2018

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19 Dec 2018Sold by developerOff-plan
AED 795,960AED 1,688 per sqft

Source: Dubai Land Department. Updated 19 December 2018.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
11th of 27
Parking
P3-121
Developer
DAMAC
Completed
2022
Service charge
AED 11,700 /yr
Last sold
AED 796K · December 2018

About 1118, Reva Residences

1118 is a one-bedroom apartment of 471 sqft on the 11th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 19 December 2018 for AED 795,960, or AED 1,688 per sqft, in line with the AED 1,703 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1118 over time

Sales
Unit 1118, each saleTypical one-bed in Reva Residences
800K900K1M2018202120242027Typical sale price by year: 2018 AED 800,000; 2019 AED 813,000; 2020 AED 860,000; 2021 AED 792,000; 2022 AED 851,620; 2023 AED 850,000; 2024 AED 1,000,000; 2025 AED 1,000,000; 2026 AED 950,000Sold by developer, December 2018: AED 795,960 (AED 1,688 per sqft)

1118 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1118, each contractTypical one-bed in Reva Residences
65K70K75K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 70,000

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 1118 sits

All 470 1-beds →

1118 last sold in December 2018 at AED 1,688 per sqft, in line with what one-beds in Reva Residences were fetching at the time (AED 1,703). Over the last 12 months one-beds sold for AED 480,000 to 1,150,000, around AED 2,080 per sqft, and rent for AED 35,000 to 115,500 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,000,000
5 Oct 2026850,000
2 Oct 2026950,000
23 Sep 2026900,000
28 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. 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
Value
11011-bedAED 872K · Nov 2022
11021-bedAED 1M · Feb 2025
11032-bedAED 1.28M · Jun 2020
11042-bedAED 1.38M · Apr 2022
11051-bedAED 850K · Oct 2026
11061-bedAED 828K · Mar 2019
11071-bedAED 1.03M · Apr 2024
1–7 of 22

1118, Reva Residences in numbers

  • Sold once: by DAMAC on 19 December 2018 for AED 795,960, or AED 1,688 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 2,015 per sqft.

Source: Dubai Land Department. Updated 19 December 2018.

Questions about 1118, Reva Residences

What did unit 1118 last sell for?

AED 795,960 on 19 December 2018, sold by the developer: AED 1,688 per sqft for 471 sqft. It is the only registered sale of the unit.

How big is unit 1118?

471 sqft (43.8 sqm): a one-bedroom apartment on the 11th floor of a 27-storey tower completed in 2022.

What is unit 1118 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 2,080 per sqft.

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Mortgage on 1118, Reva Residences

Starts from the last sale price (AED 796K, 19 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 795,960
Deposit, UAE resident (20%)
AED 159,192
Deposit, non-resident (40%)
AED 318,384
Monthly over 25 years at 3.7%
AED 3,257

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