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

1218, Reva Residences

Sold prices and rental history: sold twice, last in February 2026, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1218 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 1.05M19 February 2026
Current rentAED 63K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1218, Reva Residences

What is 1218 worth today?

Last sold for AED 1,050,000 in 2026

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1 Jun 2026RentedNew contract
AED 63,000/yr12 months · AED 134 per sqft
19 Feb 2026SoldReady
AED 1,050,000AED 2,227 per sqft
5 Dec 2025RentedRenewal
AED 78,000/yr12 months · AED 169 per sqft
5 Dec 2025RentedRenewal
AED 75,600/yr12 months · AED 160 per sqft
5 Dec 2024RentedRenewal
AED 72,000/yr12 months · AED 152 per sqft
5 Dec 2024RentedRenewal
AED 71,400/yr12 months · AED 154 per sqft
5 Dec 2023RentedNew contract
AED 68,000/yr12 months · AED 144 per sqft
23 May 2019Sold by developerOff-plan
AED 806,000AED 1,709 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
12th of 27
Parking
P3-139
Developer
DAMAC
Completed
2022
Service charge
AED 11,700 /yr
Last sold
AED 1.05M · February 2026

About 1218, Reva Residences

1218 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. It last sold on 19 February 2026 for AED 1,050,000, or AED 2,227 per sqft, 3% above the AED 2,155 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 6 Ejari contracts. The current contract, signed on 1 June 2026, is AED 63,000 a year: a gross yield of 6.0% on the 2026 price, before the service charge of about AED 11,700 a year.

Sales and rents for 1218 over time

Sales
Unit 1218, 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, May 2019: AED 806,000 (AED 1,709 per sqft)Sold, February 2026: AED 1,050,000 (AED 2,227 per sqft)

1218 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1218, 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, December 2023: AED 68,000 a yearRenewal, December 2024: AED 72,000 a yearRenewal, December 2024: AED 71,400 a yearRenewal, December 2025: AED 78,000 a yearRenewal, December 2025: AED 75,600 a yearNew contract, June 2026: AED 63,000 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 1218 sits

All 470 1-beds →

1218 last sold in February 2026 at AED 2,227 per sqft, 3% above what one-beds in Reva Residences were fetching at the time (AED 2,155). 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. 1218's AED 63,000 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

1218, Reva Residences in numbers

  • Sold twice: first on 23 May 2019 for AED 806,000, last on 19 February 2026 for AED 1,050,000 (AED 2,227 per sqft).
  • Rented since December 2023 on 6 Ejari contracts, from AED 68,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2026 price is 6.0%, 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 1 June 2026.

Questions about 1218, Reva Residences

What did unit 1218 last sell for?

AED 1,050,000 on 19 February 2026: AED 2,227 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 806,000 in May 2019.

What is the rent for unit 1218?

AED 63,000 a year on the contract signed on 1 June 2026. The previous contract, from December 2025, was AED 78,000; the unit has been rented since December 2023.

How big is unit 1218?

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

What is unit 1218 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 1218, Reva Residences

Starts from the last sale price (AED 1.05M, 19 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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