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

118, Reva Residences

Sold prices and rental history: sold twice, last in January 2026, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 19 January 2026
Last soldAED 1.02M19 January 2026
Current rentAED 68K /yr16 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 118, Reva Residences

What is 118 worth today?

Last sold for AED 1,020,000 in 2026

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19 Jan 2026SoldReady
AED 1,020,000AED 2,163 per sqft
16 May 2025RentedNew contract
AED 68,000/yr12 months · AED 144 per sqft
16 May 2025RentedNew contract
AED 68,000/yr12 months · AED 144 per sqft
15 Aug 2021Sold by developerOff-plan
AED 784,000AED 1,662 per sqft

Source: Dubai Land Department. Updated 19 January 2026.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
1st of 27
Parking
B-134
Developer
DAMAC
Completed
2022
Service charge
AED 11,700 /yr
Last sold
AED 1.02M · January 2026

About 118, Reva Residences

118 is a one-bedroom apartment of 471 sqft on the 1st floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 19 January 2026 for AED 1,020,000, or AED 2,163 per sqft, in line with the AED 2,147 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 16 May 2025, is AED 68,000 a year: a gross yield of 6.7% on the 2026 price, before the service charge of about AED 11,700 a year.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical one-bed in Reva Residences
800K1M2018202120242027Typical 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, August 2021: AED 784,000 (AED 1,662 per sqft)Sold, January 2026: AED 1,020,000 (AED 2,163 per sqft)

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

Rents
Unit 118, 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 70,000New contract, May 2025: AED 68,000 a yearNew contract, May 2025: AED 68,000 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 118 sits

All 470 1-beds →

118 last sold in January 2026 at AED 2,163 per sqft, in line with what one-beds in Reva Residences were fetching at the time (AED 2,147). 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. 118's AED 68,000 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

118, Reva Residences in numbers

  • Sold twice: first on 15 August 2021 for AED 784,000, last on 19 January 2026 for AED 1,020,000 (AED 2,163 per sqft).
  • Rented since May 2025 on 2 Ejari contracts, at AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2026 price is 6.7%, before a service charge of about AED 11,700 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 19 January 2026.

Questions about 118, Reva Residences

What did unit 118 last sell for?

AED 1,020,000 on 19 January 2026: AED 2,163 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 784,000 in August 2021.

What is the rent for unit 118?

AED 68,000 a year on the contract signed on 16 May 2025. The previous contract, from May 2025, was AED 68,000.

How big is unit 118?

471 sqft (43.8 sqm): a one-bedroom apartment on the 1st floor of a 27-storey tower completed in 2022.

What is unit 118 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 118, Reva Residences

Starts from the last sale price (AED 1.02M, 19 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

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