1-bed · 471 sqftReva Residences, Business Bay · 12th floor · completed 2022

1202, Reva Residences

Sold prices and rental history: sold once, by the developer in January 2019, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 21 July 2025
Last soldAED 791K16 January 2019
Current rentAED 72K /yr21 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Reva Residences

What is 1202 worth today?

Last sold for AED 791,000 in 2019

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21 Jul 2025RentedNew contract
AED 72,000/yr12 months · AED 153 per sqft
21 Jul 2025RentedNew contract
AED 72,000/yr12 months · AED 153 per sqft
1 May 2024RentedNew contract
AED 80,000/yr12 months · AED 170 per sqft
20 Jan 2023RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
16 Jan 2019Sold by developerOff-plan
AED 791,000AED 1,680 per sqft

Source: Dubai Land Department. Updated 21 July 2025.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
12th of 27
Parking
P3-127
Developer
DAMAC
Completed
2022
Service charge
AED 11,600 /yr
Last sold
AED 791K · January 2019

About 1202, Reva Residences

1202 is a one-bedroom apartment of 471 sqft on the 12th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 16 January 2019 for AED 791,000, or AED 1,680 per sqft, in line with the AED 1,703 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 21 July 2025, is AED 72,000 a year: a gross yield of 9.1% on the 2019 price, before the service charge of about AED 11,600 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, 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, January 2019: AED 791,000 (AED 1,680 per sqft)

1202 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1202, each contractTypical one-bed in Reva Residences
60K70K80K202220242026Typical 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 60,000 a yearNew contract, May 2024: AED 80,000 a yearNew contract, July 2025: AED 72,000 a yearNew contract, July 2025: AED 72,000 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 1202 sits

All 470 1-beds →

1202 last sold in January 2019 at AED 1,680 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. 1202's AED 72,000 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 12th floor

All 600 units in Reva Residences
Value
12011-bedAED 975K · Jan 2025
12032-bedAED 1.28M · May 2019
12042-bedAED 1.29M · May 2018
12051-bedAED 990K · Jul 2025
12061-bedAED 1.1M · Oct 2024
12071-bedAED 1M · Oct 2025
12081-bedAED 807K · Mar 2020
1–7 of 22

1202, Reva Residences in numbers

  • Sold once: by DAMAC on 16 January 2019 for AED 791,000, or AED 1,680 per sqft.
  • Rented since January 2023 on 4 Ejari contracts, from AED 60,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2019 price is 9.1%, before a service charge of about AED 11,600 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 21 July 2025.

Questions about 1202, Reva Residences

What did unit 1202 last sell for?

AED 791,000 on 16 January 2019, sold by the developer: AED 1,680 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 72,000 a year on the contract signed on 21 July 2025. The previous contract, from July 2025, was AED 72,000; the unit has been rented since January 2023.

How big is unit 1202?

471 sqft (43.8 sqm): a one-bedroom apartment on the 12th floor of a 27-storey tower completed in 2022.

What is unit 1202 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 1202, Reva Residences

Starts from the last sale price (AED 791K, 16 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 791,000
Deposit, UAE resident (20%)
AED 158,200
Deposit, non-resident (40%)
AED 316,400
Monthly over 25 years at 3.7%
AED 3,236

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