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

1208, Reva Residences

Sold prices and rental history: sold once, by the developer in March 2020, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 807K18 March 2020
Current rentAED 70K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Reva Residences

What is 1208 worth today?

Last sold for AED 807,000 in 2020

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10 Oct 2026RentedNew contract
AED 70,000/yr6 months · AED 148 per sqft
15 Sep 2025RentedNew contract
AED 80,000/yr12 months · AED 170 per sqft
18 Sep 2024RentedNew contract
AED 79,778/yr12 months · AED 168 per sqft
19 Sep 2023RentedNew contract
AED 74,000/yr12 months · AED 156 per sqft
10 Apr 2023RentedNew contract
AED 75,000/yr12 months · AED 158 per sqft
18 Mar 2020Sold by developerOff-plan
AED 807,000AED 1,711 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
12th of 27
Parking
P3-131
Developer
DAMAC
Completed
2022
Service charge
AED 11,700 /yr
Last sold
AED 807K · March 2020

About 1208, Reva Residences

1208 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 18 March 2020 for AED 807,000, or AED 1,711 per sqft, in line with the AED 1,727 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 10 October 2026, is AED 70,000 a year: a gross yield of 8.7% on the 2020 price, before the service charge of about AED 11,700 a year.

Sales and rents for 1208 over time

Sales
Unit 1208, 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, March 2020: AED 807,000 (AED 1,711 per sqft)

1208 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1208, each contractTypical one-bed in Reva Residences
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 70,000New contract, April 2023: AED 75,000 a yearNew contract, September 2023: AED 74,000 a yearNew contract, September 2024: AED 79,778 a yearNew contract, September 2025: AED 80,000 a yearNew contract, October 2026: AED 70,000 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 1208 sits

All 470 1-beds →

1208 last sold in March 2020 at AED 1,711 per sqft, in line with what one-beds in Reva Residences were fetching at the time (AED 1,727). 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. 1208's AED 70,000 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
12021-bedAED 791K · Jan 2019
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
1–7 of 22

1208, Reva Residences in numbers

  • Sold once: by DAMAC on 18 March 2020 for AED 807,000, or AED 1,711 per sqft.
  • Rented since April 2023 on 5 Ejari contracts, from AED 75,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2020 price is 8.7%, 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 10 October 2026.

Questions about 1208, Reva Residences

What did unit 1208 last sell for?

AED 807,000 on 18 March 2020, sold by the developer: AED 1,711 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 1208?

AED 70,000 a year on the contract signed on 10 October 2026. The previous contract, from September 2025, was AED 80,000; the unit has been rented since April 2023.

How big is unit 1208?

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

What is unit 1208 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 1208, Reva Residences

Starts from the last sale price (AED 807K, 18 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 807,000
Deposit, UAE resident (20%)
AED 161,400
Deposit, non-resident (40%)
AED 322,800
Monthly over 25 years at 3.7%
AED 3,302

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