1-bed · 471 sqftReva Residences, Business Bay · 15th floor · completed 2022

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.

Unit 1502 · DLD and Ejari recordsUpdated 25 September 2026
Last soldAED 525K7 July 2020
Current rentAED 70K /yr25 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Reva Residences

What is 1502 worth today?

Last sold for AED 525,000 in 2020

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25 Sep 2026RentedNew contract
AED 70,000/yr12 months · AED 148 per sqft
25 Sep 2025RentedRenewal
AED 80,000/yr12 months · AED 169 per sqft
25 Sep 2024RentedNew contract
AED 80,000/yr12 months · AED 169 per sqft
7 Jun 2023RentedNew contract
AED 75,000/yr12 months · AED 158 per sqft
7 Jul 2020SoldOff-plan
AED 525,000AED 1,115 per sqft
22 Apr 2018Sold by developerOff-plan
AED 797,000AED 1,692 per sqft

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

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

Sales
Unit 1502, each saleTypical one-bed in Reva Residences
500K750K1M2018202120242027Typical 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 797,000 (AED 1,692 per sqft)Sold, July 2020: AED 525,000 (AED 1,115 per sqft)

1502 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1502, 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, June 2023: AED 75,000 a yearNew contract, September 2024: AED 80,000 a yearRenewal, September 2025: AED 80,000 a yearNew contract, September 2026: AED 70,000 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 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 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 15th floor

All 600 units in Reva Residences
Value
15011-bedAED 797K · Aug 2018
15032-bedAED 1.27M · Jul 2018
15042-bedAED 1.28M · Jul 2018
15051-bedAED 1.04M · Jun 2024
15061-bedAED 848K · Jul 2018
15071-bedAED 975K · Aug 2024
15081-bedAED 813K · May 2018
1–7 of 22

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 →