2-bed · 917 sqftReva Residences, Business Bay · 1st floor · completed 2022

116, Reva Residences

Sold prices and rental history: sold twice, last in January 2026, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 30 September 2026
Last soldAED 1.5M29 January 2026
Current rentAED 73K /yr30 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Reva Residences

What is 116 worth today?

Last sold for AED 1,500,000 in 2026

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30 Sep 2026RentedNew contract
AED 73,000/yr12 months · AED 80 per sqft
29 Jan 2026SoldOff-plan
AED 1,500,000AED 1,635 per sqft
19 Sep 2025RentedNew contract
AED 95,000/yr12 months · AED 104 per sqft
21 Sep 2024RentedNew contract
AED 95,000/yr12 months · AED 104 per sqft
27 May 2024RentedNew contract
AED 90,000/yr12 months · AED 98 per sqft
1 Aug 2023RentedRenewal
AED 88,000/yr12 months · AED 96 per sqft
1 Aug 2022RentedNew contract
AED 80,000/yr12 months · AED 87 per sqft
26 May 2022Sold by developerOff-plan
AED 1,214,100AED 1,323 per sqft

Source: Dubai Land Department. Updated 30 September 2026.

Key facts

Type
2-bed apartment
Size
917 sqft
Floor
1st of 27
Parking
P1-91
Developer
DAMAC
Completed
2022
Service charge
AED 22,700 /yr
Last sold
AED 1.5M · January 2026

About 116, Reva Residences

116 is a two-bedroom apartment of 917 sqft on the 1st floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 29 January 2026 for AED 1,500,000, or AED 1,635 per sqft, 4% below the AED 1,700 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 30 September 2026, is AED 73,000 a year: a gross yield of 4.9% on the 2026 price, before the service charge of about AED 22,700 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical two-bed in Reva Residences
1.2M1.4M1.6M2018202120242027Typical 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, May 2022: AED 1,214,100 (AED 1,323 per sqft)Sold, January 2026: AED 1,500,000 (AED 1,635 per sqft)

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

Rents
Unit 116, each contractTypical two-bed in Reva Residences
80K100K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 95,500; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 99,599New contract, August 2022: AED 80,000 a yearRenewal, August 2023: AED 88,000 a yearNew contract, May 2024: AED 90,000 a yearNew contract, September 2024: AED 95,000 a yearNew contract, September 2025: AED 95,000 a yearNew contract, September 2026: AED 73,000 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 116 sits

All 130 2-beds →

116 last sold in January 2026 at AED 1,635 per sqft, 4% below what two-beds in Reva Residences were fetching at the time (AED 1,700). 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. 116's AED 73,000 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 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

116, Reva Residences in numbers

  • Sold twice: first on 26 May 2022 for AED 1,214,100, last on 29 January 2026 for AED 1,500,000 (AED 1,635 per sqft).
  • Rented since August 2022 on 6 Ejari contracts, from AED 80,000 to AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2026 price is 4.9%, before a service charge of about AED 22,700 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 30 September 2026.

Questions about 116, Reva Residences

What did unit 116 last sell for?

AED 1,500,000 on 29 January 2026: AED 1,635 per sqft for 917 sqft. The unit has 2 registered sales; the first was AED 1,214,100 in May 2022.

What is the rent for unit 116?

AED 73,000 a year on the contract signed on 30 September 2026. The previous contract, from September 2025, was AED 95,000; the unit has been rented since August 2022.

How big is unit 116?

917 sqft (85.2 sqm): a two-bedroom apartment on the 1st floor of a 27-storey tower completed in 2022.

What is unit 116 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 116, Reva Residences

Starts from the last sale price (AED 1.5M, 29 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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