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

1221, Reva Residences

Sold prices and rental history: sold twice, last in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1221 · DLD and Ejari recordsUpdated 22 October 2024
Last soldAED 1.02M22 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1221, Reva Residences

What is 1221 worth today?

Last sold for AED 1,020,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Oct 2024SoldReady
AED 1,020,000AED 2,163 per sqft
14 Feb 2021Sold by developerOff-plan
AED 805,000AED 1,707 per sqft

Source: Dubai Land Department. Updated 22 October 2024.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
12th of 27
Parking
P3-84
Developer
DAMAC
Completed
2022
Service charge
AED 11,700 /yr
Last sold
AED 1.02M · October 2024

About 1221, Reva Residences

1221 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 22 October 2024 for AED 1,020,000, or AED 2,163 per sqft, 4% above the AED 2,080 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1221 over time

Sales
Unit 1221, 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, February 2021: AED 805,000 (AED 1,707 per sqft)Sold, October 2024: AED 1,020,000 (AED 2,163 per sqft)

1221 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1221, 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 70,000

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 1221 sits

All 470 1-beds →

1221 last sold in October 2024 at AED 2,163 per sqft, 4% above what one-beds in Reva Residences were fetching at the time (AED 2,080). 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.

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

1221, Reva Residences in numbers

  • Sold twice: first on 14 February 2021 for AED 805,000, last on 22 October 2024 for AED 1,020,000 (AED 2,163 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 22 October 2024.

Questions about 1221, Reva Residences

What did unit 1221 last sell for?

AED 1,020,000 on 22 October 2024: AED 2,163 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 805,000 in February 2021.

How big is unit 1221?

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

What is unit 1221 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.

Selling 1221? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1221, Reva Residences

Starts from the last sale price (AED 1.02M, 22 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

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