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

1318, Reva Residences

Sold prices and rental history: sold once, by the developer in July 2022, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1318 · DLD and Ejari recordsUpdated 4 June 2026
Last soldAED 815K22 July 2022
Current rentAED 65K /yr4 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1318, Reva Residences

What is 1318 worth today?

Last sold for AED 815,360 in 2022

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4 Jun 2026RentedNew contract
AED 65,000/yr12 months · AED 137 per sqft
22 Jul 2022Sold by developerReady
AED 815,360AED 1,729 per sqft

Source: Dubai Land Department. Updated 4 June 2026.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
13th of 27
Parking
P3-99
Developer
DAMAC
Completed
2022
Service charge
AED 11,700 /yr
Last sold
AED 815K · July 2022

About 1318, Reva Residences

1318 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 22 July 2022 for AED 815,360, or AED 1,729 per sqft, 4% below the AED 1,794 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 4 June 2026. The current contract, signed on 4 June 2026, is AED 65,000 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 11,700 a year.

Sales and rents for 1318 over time

Sales
Unit 1318, 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, July 2022: AED 815,360 (AED 1,729 per sqft)

1318 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1318, 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 70,000New contract, June 2026: AED 65,000 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 1318 sits

All 470 1-beds →

1318 last sold in July 2022 at AED 1,729 per sqft, 4% below what one-beds in Reva Residences were fetching at the time (AED 1,794). 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. 1318's AED 65,000 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 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

1318, Reva Residences in numbers

  • Sold once: by DAMAC on 22 July 2022 for AED 815,360, or AED 1,729 per sqft.
  • Rented since June 2026 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 8.0%, 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 4 June 2026.

Questions about 1318, Reva Residences

What did unit 1318 last sell for?

AED 815,360 on 22 July 2022, sold by the developer: AED 1,729 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 1318?

AED 65,000 a year on the contract signed on 4 June 2026.

How big is unit 1318?

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

What is unit 1318 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 1318, Reva Residences

Starts from the last sale price (AED 815K, 22 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 815,360
Deposit, UAE resident (20%)
AED 163,072
Deposit, non-resident (40%)
AED 326,144
Monthly over 25 years at 3.7%
AED 3,336

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