2-bed · 914 sqftReva Residences, Business Bay · 13th floor · completed 2022

1316, Reva Residences

Sold prices and rental history: sold once, by the developer in December 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1316 · DLD and Ejari recordsUpdated 11 July 2026
Last soldAED 1.39M21 December 2021
Current rentAED 97K /yr11 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1316, Reva Residences

What is 1316 worth today?

Last sold for AED 1,387,000 in 2021

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11 Jul 2026RentedNew contract
AED 97,388/yr12 months · AED 108 per sqft
11 Jul 2025RentedNew contract
AED 97,388/yr12 months · AED 107 per sqft
11 Jul 2024RentedNew contract
AED 92,751/yr12 months · AED 101 per sqft
19 Apr 2023RentedNew contract
AED 90,000/yr12 months · AED 98 per sqft
30 Dec 2022RentedNew contract
AED 118,000/yr12 months · AED 129 per sqft
21 Dec 2021Sold by developerOff-plan
AED 1,387,000AED 1,517 per sqft

Source: Dubai Land Department. Updated 11 July 2026.

Key facts

Type
2-bed apartment
Size
914 sqft
Floor
13th of 27
Parking
P1-48
Developer
DAMAC
Completed
2022
Service charge
AED 22,600 /yr
Last sold
AED 1.39M · December 2021

About 1316, Reva Residences

1316 is a two-bedroom apartment of 914 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 21 December 2021 for AED 1,387,000, or AED 1,517 per sqft, 6% above the AED 1,431 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 11 July 2026, is AED 97,388 a year: a gross yield of 7.0% on the 2021 price, before the service charge of about AED 22,600 a year.

Sales and rents for 1316 over time

Sales
Unit 1316, each saleTypical two-bed in Reva Residences
1.4M1.6M2018202120242027Typical sale price by year: 2018 AED 1,300,460; 2019 AED 1,322,000; 2020 AED 1,333,500; 2021 AED 1,292,000; 2022 AED 1,380,750; 2023 AED 1,325,000; 2024 AED 1,600,000; 2025 AED 1,550,000; 2026 AED 1,492,492Sold by developer, December 2021: AED 1,387,000 (AED 1,517 per sqft)

1316 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1316, each contractTypical two-bed in Reva Residences
100K120K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 95,500; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 99,599New contract, December 2022: AED 118,000 a yearNew contract, April 2023: AED 90,000 a yearNew contract, July 2024: AED 92,751 a yearNew contract, July 2025: AED 97,388 a yearNew contract, July 2026: AED 97,388 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Reva Residences, and where 1316 sits

All 130 2-beds →

1316 last sold in December 2021 at AED 1,517 per sqft, 6% above what two-beds in Reva Residences were fetching at the time (AED 1,431). Over the last 12 months two-beds sold for AED 1,400,000 to 1,730,000, around AED 1,710 per sqft, and rent for AED 68,250 to 145,000 a year. 1316's AED 97,388 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Sep 20261,400,000
24 Sep 20261,484,983
30 Jul 202620,788
30 Jul 202659,133
11 2-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
Value
13011-bedAED 1.08M · Feb 2026
13021-bedAED 793K · Nov 2019
13032-bedAED 1.28M · Jul 2018
13042-bedAED 1.55M · Jul 2025
13051-bedAED 1M · Jul 2024
13061-bedAED 844K · Apr 2018
13071-bedAED 795K · Apr 2018
1–7 of 22

1316, Reva Residences in numbers

  • Sold once: by DAMAC on 21 December 2021 for AED 1,387,000, or AED 1,517 per sqft.
  • Rented since December 2022 on 5 Ejari contracts, from AED 118,000 to AED 97,388 a year.
  • At AED 97,388 a year the gross yield on the 2021 price is 7.0%, before a service charge of about AED 22,600 a year (AED 24.73 per sqft).
  • Two-beds in Reva Residences sold for AED 1,400,000–1,730,000 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 11 July 2026.

Questions about 1316, Reva Residences

What did unit 1316 last sell for?

AED 1,387,000 on 21 December 2021, sold by the developer: AED 1,517 per sqft for 914 sqft. It is the only registered sale of the unit.

What is the rent for unit 1316?

AED 97,388 a year on the contract signed on 11 July 2026. The previous contract, from July 2025, was AED 97,388; the unit has been rented since December 2022.

How big is unit 1316?

914 sqft (84.9 sqm): a two-bedroom apartment on the 13th floor of a 27-storey tower completed in 2022.

What is unit 1316 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Reva Residences sold for AED 1,400,000 to 1,730,000 in the last 12 months, around AED 1,710 per sqft.

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Mortgage on 1316, Reva Residences

Starts from the last sale price (AED 1.39M, 21 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,387,000
Deposit, UAE resident (20%)
AED 277,400
Deposit, non-resident (40%)
AED 554,800
Monthly over 25 years at 3.7%
AED 5,675

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