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

1220, Reva Residences

Sold prices and rental history: sold twice, last in November 2022, and rented once, from April 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1220 · DLD and Ejari recordsUpdated 24 April 2026
Last soldAED 780K30 November 2022
Current rentAED 70K /yr24 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1220, Reva Residences

What is 1220 worth today?

Last sold for AED 780,000 in 2022

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24 Apr 2026RentedRenewal
AED 70,000/yr12 months · AED 151 per sqft
30 Nov 2022SoldReady
AED 780,000AED 1,654 per sqft
7 Mar 2019Sold by developerOff-plan
AED 793,000AED 1,682 per sqft

Source: Dubai Land Department. Updated 24 April 2026.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
12th of 27
Parking
P3-83
Developer
DAMAC
Completed
2022
Service charge
AED 11,700 /yr
Last sold
AED 780K · November 2022

About 1220, Reva Residences

1220 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 30 November 2022 for AED 780,000, or AED 1,654 per sqft, 8% below the AED 1,805 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 April 2026. The current contract, renewed on 24 April 2026, is AED 70,000 a year: a gross yield of 9.0% on the 2022 price, before the service charge of about AED 11,700 a year.

Sales and rents for 1220 over time

Sales
Unit 1220, 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 793,000 (AED 1,682 per sqft)Sold, November 2022: AED 780,000 (AED 1,654 per sqft)

1220 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1220, each contractTypical one-bed in Reva Residences
65K70K75K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 70,000Renewal, April 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 1220 sits

All 470 1-beds →

1220 last sold in November 2022 at AED 1,654 per sqft, 8% below what one-beds in Reva Residences were fetching at the time (AED 1,805). 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. 1220'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

1220, Reva Residences in numbers

  • Sold twice: first on 7 March 2019 for AED 793,000, last on 30 November 2022 for AED 780,000 (AED 1,654 per sqft).
  • Rented since April 2026 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 9.0%, 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 24 April 2026.

Questions about 1220, Reva Residences

What did unit 1220 last sell for?

AED 780,000 on 30 November 2022: AED 1,654 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 793,000 in March 2019.

What is the rent for unit 1220?

AED 70,000 a year on the contract renewed on 24 April 2026.

How big is unit 1220?

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

What is unit 1220 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 1220, Reva Residences

Starts from the last sale price (AED 780K, 30 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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