
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.
Property timeline for 1316, Reva Residences
What is 1316 worth today?
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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
- Building
- Reva Residences
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
1316 has sold once; the dashed line is the two-bed median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 918 sqft | 1,400,000 | 1,525 | ||
| 24 Sep 202624 September 2026 | 914 sqft | 1,484,983 | 1,624 | ||
| 30 Jul 202630 July 2026 | 914 sqft | 20,788 | 22 | ||
| 30 Jul 202630 July 2026 | 914 sqft | 59,133 | 64 |
Reva Residences
Building600 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%
Other units on the 13th floor
All 600 units in Reva Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 1312 | 1-bed | 471 sqft | AED 807KAED 807,000 · Feb 2019February 2019 | 60,000 /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 | |
| 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 |
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 →