
1502, Reva Residences
Sold prices and rental history: sold twice, last in July 2020, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1502, Reva Residences
What is 1502 worth today?
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Source: Dubai Land Department. Updated 25 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 471 sqft
- Floor
- 15th of 27
- Parking
- P3-05
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 11,600 /yr
- Last sold
- AED 525K · July 2020
- Building
- Reva Residences
About 1502, Reva Residences
1502 is a one-bedroom apartment of 471 sqft on the 15th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 7 July 2020 for AED 525,000, or AED 1,115 per sqft, 35% below the AED 1,727 one-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 25 September 2026, is AED 70,000 a year: a gross yield of 13.3% on the 2020 price, before the service charge of about AED 11,600 a year.
Sales and rents for 1502 over time
1502 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1502 sits
All 470 1-beds →1502 last sold in July 2020 at AED 1,115 per sqft, 35% below what one-beds in Reva Residences were fetching at the time (AED 1,727). 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. 1502's AED 70,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 15th floor
All 600 units in Reva Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 470 sqft | AED 797KAED 797,000 · Aug 2018August 2018 | 75,000 /yr | |
| 1503 | 2-bed | 900 sqft | AED 1.27MAED 1,274,130 · Jul 2018July 2018 | 85,000 /yr | |
| 1504 | 2-bed | 914 sqft | AED 1.28MAED 1,281,060 · Jul 2018July 2018 | ||
| 1505 | 1-bed | 473 sqft | AED 1.04MAED 1,040,000 · Jun 2024June 2024 | 75,000 /yr | |
| 1506 | 1-bed | 470 sqft | AED 848KAED 848,000 · Jul 2018July 2018 | 82,000 /yr | |
| 1507 | 1-bed | 471 sqft | AED 975KAED 975,000 · Aug 2024August 2024 | 76,000 /yr | |
| 1508 | 1-bed | 471 sqft | AED 813KAED 813,000 · May 2018May 2018 | 75,000 /yr | |
| 1509 | 1-bed | 471 sqft | AED 900KAED 900,000 · May 2018May 2018 | 70,000 /yr | |
| 1510 | 1-bed | 471 sqft | AED 900KAED 900,000 · May 2018May 2018 | 57,000 /yr | |
| 1511 | 2-bed | 914 sqft | AED 1.31MAED 1,312,740 · Jul 2018July 2018 | 110,000 /yr | |
| 1512 | 1-bed | 471 sqft | AED 811KAED 811,000 · Sep 2019September 2019 | 77,000 /yr | |
| 1513 | 1-bed | 471 sqft | AED 920KAED 920,000 · Oct 2023October 2023 | 53,000 /yr | |
| 1514 | 1-bed | 466 sqft | AED 845KAED 845,000 · Jun 2023June 2023 | 65,000 /yr | |
| 1515 | 1-bed | 466 sqft | AED 832KAED 832,000 · Apr 2018April 2018 | ||
| 1516 | 2-bed | 914 sqft | AED 1.37MAED 1,367,000 · Sep 2018September 2018 | 95,000 /yr | |
| 1517 | 1-bed | 476 sqft | AED 789KAED 789,000 · May 2018May 2018 | 75,000 /yr | |
| 1518 | 1-bed | 471 sqft | AED 1.05MAED 1,050,000 · May 2025May 2025 | 60,000 /yr | |
| 1519 | 1-bed | 471 sqft | AED 785KAED 785,000 · Apr 2018April 2018 | 78,750 /yr | |
| 1520 | 1-bed | 471 sqft | AED 799KAED 799,000 · Feb 2021February 2021 | 75,000 /yr | |
| 1521 | 1-bed | 471 sqft | AED 799KAED 799,000 · Apr 2018April 2018 | 65,000 /yr | |
| 1522 | 1-bed | 471 sqft | AED 799KAED 799,000 · May 2018May 2018 | ||
| 1523 | 2-bed | 915 sqft | AED 1.35MAED 1,350,000 · Oct 2023October 2023 | 115,000 /yr |
1502, Reva Residences in numbers
- Sold twice: first on 22 April 2018 for AED 797,000, last on 7 July 2020 for AED 525,000 (AED 1,115 per sqft).
- Rented since June 2023 on 4 Ejari contracts, from AED 75,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2020 price is 13.3%, 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 25 September 2026.
Questions about 1502, Reva Residences
What did unit 1502 last sell for?
AED 525,000 on 7 July 2020: AED 1,115 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 797,000 in April 2018.
What is the rent for unit 1502?
AED 70,000 a year on the contract signed on 25 September 2026. The previous contract, from September 2025, was AED 80,000; the unit has been rented since June 2023.
How big is unit 1502?
471 sqft (43.8 sqm): a one-bedroom apartment on the 15th floor of a 27-storey tower completed in 2022.
What is unit 1502 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 1502, Reva Residences
Starts from the last sale price (AED 525K, 7 July 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 525,000
- Deposit, UAE resident (20%)
- AED 105,000
- Deposit, non-resident (40%)
- AED 210,000
- Monthly over 25 years at 3.7%
- AED 2,148
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →