1-bed · 470 sqftReva Residences, Business Bay · 15th floor · completed 2022

1506, Reva Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in July 2018, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1506 · DLD and Ejari recordsUpdated 1 February 2026

Last soldAED 848K15 July 2018

Current rentAED 82K /yr1 February 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1506, Reva Residences

Today

What is 1506 worth today?

Last sold for AED 848,000 in 2018

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1 Feb 2026

1 Feb 2026RentedRenewal

AED 82,000/yr12 months · AED 177 per sqft

1 Feb 2025

1 Feb 2025RentedRenewal

AED 79,000/yr12 months · AED 171 per sqft

1 Feb 2024

1 Feb 2024RentedRenewal

AED 71,500/yr12 months · AED 154 per sqft

1 Feb 2023

1 Feb 2023RentedNew contract

AED 65,000/yr12 months · AED 137 per sqft

15 Jul 2018

15 Jul 2018Sold by developerOff-plan

AED 848,000AED 1,806 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type: 1-bed apartment
Size: 470 sqft
Floor: 15th of 27
Parking: P3-07
Developer: DAMAC
Completed: 2022
Service charge: AED 11,600 /yr
Last sold: AED 848K · July 2018
Building: Reva Residences

About 1506, Reva Residences

1506 is a one-bedroom apartment of 470 sqft on the 15th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 15 July 2018 for AED 848,000, or AED 1,806 per sqft, 7% above the AED 1,690 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 82,000 a year: a gross yield of 9.7% on the 2018 price, before the service charge of about AED 11,600 a year.

Sales and rents for 1506 over time

Sales

Unit 1506, each saleTypical one-bed in Reva Residences

1506 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1506, each contractTypical one-bed in Reva Residences

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 1506 sits

All 470 1-beds →

1-beds in Reva Residences · last 12 months2,080 /sqft Reva Residences · all types2,015 /sqft

1506 last sold in July 2018 at AED 1,806 per sqft, 7% above what one-beds in Reva Residences were fetching at the time (AED 1,690). 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. 1506's AED 82,000 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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


1501	1-bed	470 sqft	AED 797KAED 797,000 · Aug 2018August 2018	75,000 /yr
1502	1-bed	471 sqft	AED 525KAED 525,000 · Jul 2020July 2020	70,000 /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
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

1–7 of 22

1506, Reva Residences in numbers

Sold once: by DAMAC on 15 July 2018 for AED 848,000, or AED 1,806 per sqft.
Rented since February 2023 on 4 Ejari contracts, from AED 65,000 to AED 82,000 a year.
At AED 82,000 a year the gross yield on the 2018 price is 9.7%, 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 1 February 2026.

Questions about 1506, Reva Residences

What did unit 1506 last sell for?

AED 848,000 on 15 July 2018, sold by the developer: AED 1,806 per sqft for 470 sqft. It is the only registered sale of the unit.

What is the rent for unit 1506?

AED 82,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 79,000; the unit has been rented since February 2023.

How big is unit 1506?

470 sqft (43.7 sqm): a one-bedroom apartment on the 15th floor of a 27-storey tower completed in 2022.

What is unit 1506 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 1506, Reva Residences

Starts from the last sale price (AED 848K, 15 July 2018). Switch to today's estimate once you have unlocked it.

Price: AED 848,000
Deposit, UAE resident (20%): AED 169,600
Deposit, non-resident (40%): AED 339,200
Monthly over 25 years at 3.7%: AED 3,469

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