2-bed · 900 sqftReva Residences, Business Bay · 12th floor · completed 2022

1203, Reva Residences

Sold prices and rental history: sold once, by the developer in May 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 20 May 2019
Last soldAED 1.28M20 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Reva Residences

What is 1203 worth today?

Last sold for AED 1,282,000 in 2019

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20 May 2019Sold by developerOff-plan
AED 1,282,000AED 1,424 per sqft

Source: Dubai Land Department. Updated 20 May 2019.

Key facts

Type
2-bed apartment
Size
900 sqft
Floor
12th of 27
Parking
P1-40
Developer
DAMAC
Completed
2022
Service charge
AED 22,300 /yr
Last sold
AED 1.28M · May 2019

About 1203, Reva Residences

1203 is a two-bedroom apartment of 900 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 20 May 2019 for AED 1,282,000, or AED 1,424 per sqft, in line with the AED 1,427 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical two-bed in Reva Residences
1.4M1.6M2018202120242027Typical 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 2019: AED 1,282,000 (AED 1,424 per sqft)

1203 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, each contractTypical two-bed in Reva Residences
90K100K110K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 95,500; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 99,599

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 1203 sits

All 130 2-beds →

1203 last sold in May 2019 at AED 1,424 per sqft, in line with what two-beds in Reva Residences were fetching at the time (AED 1,427). 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.

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 12th floor

All 600 units in Reva Residences
Value
12011-bedAED 975K · Jan 2025
12021-bedAED 791K · Jan 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

1203, Reva Residences in numbers

  • Sold once: by DAMAC on 20 May 2019 for AED 1,282,000, or AED 1,424 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 20 May 2019.

Questions about 1203, Reva Residences

What did unit 1203 last sell for?

AED 1,282,000 on 20 May 2019, sold by the developer: AED 1,424 per sqft for 900 sqft. It is the only registered sale of the unit.

How big is unit 1203?

900 sqft (83.6 sqm): a two-bedroom apartment on the 12th floor of a 27-storey tower completed in 2022.

What is unit 1203 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 1203, Reva Residences

Starts from the last sale price (AED 1.28M, 20 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,282,000
Deposit, UAE resident (20%)
AED 256,400
Deposit, non-resident (40%)
AED 512,800
Monthly over 25 years at 3.7%
AED 5,245

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