1-bed · 471 sqftReva Residences, Business Bay · 13th floor · completed 2022

1312, Reva Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

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

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Unit 1312 · DLD and Ejari recordsUpdated 22 October 2024

Last soldAED 807K25 February 2019

Current rentAED 60K /yr22 October 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1312, Reva Residences

Today

What is 1312 worth today?

Last sold for AED 807,000 in 2019

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22 Oct 2024

22 Oct 2024RentedRenewal

AED 60,000/yr12 months · AED 127 per sqft

22 Oct 2023

22 Oct 2023RentedNew contract

AED 60,000/yr12 months · AED 127 per sqft

22 Oct 2022

22 Oct 2022RentedNew contract

AED 60,000/yr12 months · AED 130 per sqft

25 Feb 2019

25 Feb 2019Sold by developerOff-plan

AED 807,000AED 1,714 per sqft

Source: Dubai Land Department. Updated 22 October 2024.

Key facts

Type: 1-bed apartment
Size: 471 sqft
Floor: 13th of 27
Parking: P3-94
Developer: DAMAC
Completed: 2022
Service charge: AED 11,600 /yr
Last sold: AED 807K · February 2019
Building: Reva Residences

About 1312, Reva Residences

1312 is a one-bedroom apartment of 471 sqft on the 13th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 25 February 2019 for AED 807,000, or AED 1,714 per sqft, in line with the AED 1,705 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 22 October 2024, is AED 60,000 a year: a gross yield of 7.4% on the 2019 price, before the service charge of about AED 11,600 a year.

Sales and rents for 1312 over time

Sales

Unit 1312, each saleTypical one-bed in Reva Residences

1312 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1312, each contractTypical one-bed in Reva Residences

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 1312 sits

All 470 1-beds →

1-beds in Reva Residences · last 12 months2,080 /sqft Reva Residences · all types2,015 /sqft

1312 last sold in February 2019 at AED 1,714 per sqft, in line with what one-beds in Reva Residences were fetching at the time (AED 1,705). 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. 1312's AED 60,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
2 Nov 20262 November 2026	471 sqft	1,000,000	2,123
5 Oct 20265 October 2026	473 sqft	850,000	1,796
2 Oct 20262 October 2026	472 sqft	950,000	2,012
23 Sep 202623 September 2026	471 sqft	900,000	1,911

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 13th floor

All 600 units in Reva Residences


1301	1-bed	470 sqft	AED 1.08MAED 1,080,000 · Feb 2026February 2026	60,000 /yr
1302	1-bed	471 sqft	AED 793KAED 793,000 · Nov 2019November 2019	55,000 /yr
1303	2-bed	900 sqft	AED 1.28MAED 1,284,000 · Jul 2018July 2018
1304	2-bed	914 sqft	AED 1.55MAED 1,550,000 · Jul 2025July 2025	144,000 /yr
1305	1-bed	473 sqft	AED 1MAED 1,000,000 · Jul 2024July 2024
1306	1-bed	470 sqft	AED 844KAED 844,000 · Apr 2018April 2018
1307	1-bed	471 sqft	AED 795KAED 795,000 · Apr 2018April 2018	75,000 /yr
1308	1-bed	471 sqft	AED 974KAED 974,000 · Aug 2022August 2022	55,000 /yr
1309	1-bed	471 sqft	AED 825KAED 825,000 · May 2023May 2023
1310	1-bed	471 sqft	AED 809KAED 809,000 · Apr 2018April 2018	75,000 /yr
1311	2-bed	914 sqft	AED 1.41MAED 1,413,300 · Apr 2022April 2022	125,000 /yr
1313	1-bed	471 sqft	AED 1MAED 1,000,000 · Sep 2024September 2024	81,500 /yr
1314	1-bed	466 sqft	AED 807KAED 807,000 · Dec 2018December 2018
1315	1-bed	466 sqft	AED 820KAED 820,000 · Nov 2022November 2022	60,000 /yr
1316	2-bed	914 sqft	AED 1.39MAED 1,387,000 · Dec 2021December 2021	97,388 /yr
1317	1-bed	476 sqft	AED 1.06MAED 1,060,000 · Mar 2023March 2023	60,000 /yr
1318	1-bed	471 sqft	AED 815KAED 815,360 · Jul 2022July 2022	65,000 /yr
1319	1-bed	471 sqft	AED 980KAED 980,000 · Dec 2023December 2023
1320	1-bed	471 sqft	AED 1.02MAED 1,020,000 · Jan 2025January 2025
1321	1-bed	471 sqft	AED 795KAED 795,000 · Apr 2018April 2018	78,000 /yr
1322	1-bed	471 sqft	AED 795KAED 795,000 · Apr 2018April 2018	65,000 /yr
1323	2-bed	915 sqft	AED 1.47MAED 1,470,000 · Feb 2025February 2025	100,000 /yr

1–7 of 22

1312, Reva Residences in numbers

Sold once: by DAMAC on 25 February 2019 for AED 807,000, or AED 1,714 per sqft.
Rented since October 2022 on 3 Ejari contracts, at AED 60,000 a year.
At AED 60,000 a year the gross yield on the 2019 price is 7.4%, before a service charge of about AED 11,600 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 22 October 2024.

Questions about 1312, Reva Residences

What did unit 1312 last sell for?

AED 807,000 on 25 February 2019, sold by the developer: AED 1,714 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 1312?

AED 60,000 a year on the contract renewed on 22 October 2024. The previous contract, from October 2023, was AED 60,000; the unit has been rented since October 2022.

How big is unit 1312?

471 sqft (43.8 sqm): a one-bedroom apartment on the 13th floor of a 27-storey tower completed in 2022.

What is unit 1312 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 1312, Reva Residences

Starts from the last sale price (AED 807K, 25 February 2019). 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 →