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

1321, Reva Residences

Sold prices and rental history: sold once, by the developer in April 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1321 · DLD and Ejari recordsUpdated 22 January 2024
Last soldAED 795K30 April 2018
Current rentAED 78K /yr22 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1321, Reva Residences

What is 1321 worth today?

Last sold for AED 795,000 in 2018

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22 Jan 2024RentedNew contract
AED 78,000/yr36 months · AED 165 per sqft
20 Dec 2022RentedNew contract
AED 75,000/yr12 months · AED 158 per sqft
30 Apr 2018Sold by developerOff-plan
AED 795,000AED 1,686 per sqft

Source: Dubai Land Department. Updated 22 January 2024.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
13th of 27
Parking
P3-102
Developer
DAMAC
Completed
2022
Service charge
AED 11,700 /yr
Last sold
AED 795K · April 2018

About 1321, Reva Residences

1321 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 30 April 2018 for AED 795,000, or AED 1,686 per sqft, in line with the AED 1,692 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 22 January 2024, is AED 78,000 a year: a gross yield of 9.8% on the 2018 price, before the service charge of about AED 11,700 a year.

Sales and rents for 1321 over time

Sales
Unit 1321, 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, April 2018: AED 795,000 (AED 1,686 per sqft)

1321 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1321, each contractTypical one-bed in Reva Residences
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 70,000New contract, December 2022: AED 75,000 a yearNew contract, January 2024: AED 78,000 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 1321 sits

All 470 1-beds →

1321 last sold in April 2018 at AED 1,686 per sqft, in line with what one-beds in Reva Residences were fetching at the time (AED 1,692). 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. 1321's AED 78,000 is in the upper 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

1321, Reva Residences in numbers

  • Sold once: by DAMAC on 30 April 2018 for AED 795,000, or AED 1,686 per sqft.
  • Rented since December 2022 on 2 Ejari contracts, from AED 75,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2018 price is 9.8%, 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 22 January 2024.

Questions about 1321, Reva Residences

What did unit 1321 last sell for?

AED 795,000 on 30 April 2018, sold by the developer: AED 1,686 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 1321?

AED 78,000 a year on the contract signed on 22 January 2024. The previous contract, from December 2022, was AED 75,000.

How big is unit 1321?

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

What is unit 1321 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 1321, Reva Residences

Starts from the last sale price (AED 795K, 30 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 795,000
Deposit, UAE resident (20%)
AED 159,000
Deposit, non-resident (40%)
AED 318,000
Monthly over 25 years at 3.7%
AED 3,253

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