1-bed · 466 sqftReva Residences, Business Bay · 1st floor · completed 2022

115, Reva Residences

Sold prices and rental history: sold once, by the developer in May 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 10 July 2025
Last soldAED 837K26 May 2022
Current rentAED 69K /yr10 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Reva Residences

What is 115 worth today?

Last sold for AED 836,850 in 2022

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10 Jul 2025RentedNew contract
AED 69,000/yr12 months · AED 148 per sqft
10 Jul 2025RentedNew contract
AED 69,000/yr12 months · AED 148 per sqft
14 Jan 2024RentedNew contract
AED 66,150/yr12 months · AED 142 per sqft
13 Jan 2023RentedNew contract
AED 63,000/yr12 months · AED 135 per sqft
26 May 2022Sold by developerOff-plan
AED 836,850AED 1,796 per sqft

Source: Dubai Land Department. Updated 10 July 2025.

Key facts

Type
1-bed apartment
Size
466 sqft
Floor
1st of 27
Parking
B-132
Developer
DAMAC
Completed
2022
Service charge
AED 11,500 /yr
Last sold
AED 837K · May 2022

About 115, Reva Residences

115 is a one-bedroom apartment of 466 sqft on the 1st floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 26 May 2022 for AED 836,850, or AED 1,796 per sqft, in line with the AED 1,817 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 10 July 2025, is AED 69,000 a year: a gross yield of 8.3% on the 2022 price, before the service charge of about AED 11,500 a year.

Sales and rents for 115 over time

Sales
Unit 115, 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, May 2022: AED 836,850 (AED 1,796 per sqft)

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

Rents
Unit 115, each contractTypical one-bed in Reva Residences
70K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 70,000New contract, January 2023: AED 63,000 a yearNew contract, January 2024: AED 66,150 a yearNew contract, July 2025: AED 69,000 a yearNew contract, July 2025: AED 69,000 a year

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 115 sits

All 470 1-beds →

115 last sold in May 2022 at AED 1,796 per sqft, in line with what one-beds in Reva Residences were fetching at the time (AED 1,817). 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. 115's AED 69,000 is in the lower half of that range.

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 1st floor

All 600 units in Reva Residences
Value
1011-bedAED 766K · Oct 2020
1021-bedAED 850K · Aug 2026
1032-bedAED 1.34M · Mar 2022
1042-bedAED 1.29M · Sep 2021
1051-bedAED 1.01M · Mar 2020
1061-bedAED 1.37M · Sep 2023
1071-bedAED 1.11M · Jul 2022
1–7 of 19

115, Reva Residences in numbers

  • Sold once: by DAMAC on 26 May 2022 for AED 836,850, or AED 1,796 per sqft.
  • Rented since January 2023 on 4 Ejari contracts, from AED 63,000 to AED 69,000 a year.
  • At AED 69,000 a year the gross yield on the 2022 price is 8.3%, before a service charge of about AED 11,500 a year (AED 24.73 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 10 July 2025.

Questions about 115, Reva Residences

What did unit 115 last sell for?

AED 836,850 on 26 May 2022, sold by the developer: AED 1,796 per sqft for 466 sqft. It is the only registered sale of the unit.

What is the rent for unit 115?

AED 69,000 a year on the contract signed on 10 July 2025. The previous contract, from July 2025, was AED 69,000; the unit has been rented since January 2023.

How big is unit 115?

466 sqft (43.3 sqm): a one-bedroom apartment on the 1st floor of a 27-storey tower completed in 2022.

What is unit 115 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 115, Reva Residences

Starts from the last sale price (AED 837K, 26 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 836,850
Deposit, UAE resident (20%)
AED 167,370
Deposit, non-resident (40%)
AED 334,740
Monthly over 25 years at 3.7%
AED 3,424

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