1-bed · 466 sqftReva Residences, Business Bay · 12th floor · completed 2022

1215, Reva Residences

Sold prices and rental history: sold once, by the developer in March 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1215 · DLD and Ejari recordsUpdated 21 February 2026
Last soldAED 815K10 March 2019
Current rentAED 76K /yr21 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1215, Reva Residences

What is 1215 worth today?

Last sold for AED 815,000 in 2019

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21 Feb 2026RentedRenewal
AED 75,600/yr12 months · AED 162 per sqft
21 Feb 2025RentedRenewal
AED 75,600/yr12 months · AED 162 per sqft
21 Feb 2025RentedRenewal
AED 75,600/yr12 months · AED 162 per sqft
21 Feb 2024RentedNew contract
AED 72,000/yr12 months · AED 154 per sqft
28 Oct 2023RentedRenewal
AED 80,220/yr2 months · AED 172 per sqft
28 Oct 2022RentedNew contract
AED 65,000/yr12 months · AED 139 per sqft
10 Mar 2019Sold by developerOff-plan
AED 815,000AED 1,747 per sqft

Source: Dubai Land Department. Updated 21 February 2026.

Key facts

Type
1-bed apartment
Size
466 sqft
Floor
12th of 27
Parking
P3-137
Developer
DAMAC
Completed
2022
Service charge
AED 11,500 /yr
Last sold
AED 815K · March 2019

About 1215, Reva Residences

1215 is a one-bedroom apartment of 466 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 10 March 2019 for AED 815,000, or AED 1,747 per sqft, in line with the AED 1,714 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 21 February 2026, is AED 75,600 a year: a gross yield of 9.3% on the 2019 price, before the service charge of about AED 11,500 a year.

Sales and rents for 1215 over time

Sales
Unit 1215, 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 2019: AED 815,000 (AED 1,747 per sqft)

1215 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1215, 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, October 2022: AED 65,000 a yearRenewal, October 2023: AED 80,220 a yearNew contract, February 2024: AED 72,000 a yearRenewal, February 2025: AED 75,600 a yearRenewal, February 2025: AED 75,600 a yearRenewal, February 2026: AED 75,600 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 1215 sits

All 470 1-beds →

1215 last sold in March 2019 at AED 1,747 per sqft, in line with what one-beds in Reva Residences were fetching at the time (AED 1,714). 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. 1215's AED 75,600 is in the upper 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

1215, Reva Residences in numbers

  • Sold once: by DAMAC on 10 March 2019 for AED 815,000, or AED 1,747 per sqft.
  • Rented since October 2022 on 6 Ejari contracts, from AED 65,000 to AED 75,600 a year.
  • At AED 75,600 a year the gross yield on the 2019 price is 9.3%, before a service charge of about AED 11,500 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 February 2026.

Questions about 1215, Reva Residences

What did unit 1215 last sell for?

AED 815,000 on 10 March 2019, sold by the developer: AED 1,747 per sqft for 466 sqft. It is the only registered sale of the unit.

What is the rent for unit 1215?

AED 75,600 a year on the contract renewed on 21 February 2026. The previous contract, from February 2025, was AED 75,600; the unit has been rented since October 2022.

How big is unit 1215?

466 sqft (43.3 sqm): a one-bedroom apartment on the 12th floor of a 27-storey tower completed in 2022.

What is unit 1215 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 1215, Reva Residences

Starts from the last sale price (AED 815K, 10 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 815,000
Deposit, UAE resident (20%)
AED 163,000
Deposit, non-resident (40%)
AED 326,000
Monthly over 25 years at 3.7%
AED 3,334

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