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

1512, Reva Residences

Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1512 · DLD and Ejari recordsUpdated 26 December 2025
Last soldAED 811K12 September 2019
Current rentAED 77K /yr26 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1512, Reva Residences

What is 1512 worth today?

Last sold for AED 811,000 in 2019

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26 Dec 2025RentedNew contract
AED 77,000/yr12 months · AED 163 per sqft
5 Dec 2024RentedRenewal
AED 72,000/yr12 months · AED 152 per sqft
5 Dec 2024RentedRenewal
AED 66,550/yr12 months · AED 141 per sqft
5 Dec 2023RentedRenewal
AED 60,500/yr12 months · AED 128 per sqft
5 Dec 2022RentedNew contract
AED 55,000/yr12 months · AED 116 per sqft
12 Sep 2019Sold by developerOff-plan
AED 811,000AED 1,722 per sqft

Source: Dubai Land Department. Updated 26 December 2025.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
15th of 27
Parking
P3-12
Developer
DAMAC
Completed
2022
Service charge
AED 11,600 /yr
Last sold
AED 811K · September 2019

About 1512, Reva Residences

1512 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. The developer sold it on 12 September 2019 for AED 811,000, or AED 1,722 per sqft, in line with the AED 1,727 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 26 December 2025, is AED 77,000 a year: a gross yield of 9.5% on the 2019 price, before the service charge of about AED 11,600 a year.

Sales and rents for 1512 over time

Sales
Unit 1512, 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, September 2019: AED 811,000 (AED 1,722 per sqft)

1512 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1512, each contractTypical one-bed in Reva Residences
60K70K80K202220242026Typical 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 55,000 a yearRenewal, December 2023: AED 60,500 a yearRenewal, December 2024: AED 72,000 a yearRenewal, December 2024: AED 66,550 a yearNew contract, December 2025: AED 77,000 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 1512 sits

All 470 1-beds →

1512 last sold in September 2019 at AED 1,722 per sqft, in line with 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. 1512's AED 77,000 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 15th floor

All 600 units in Reva Residences
Value
15011-bedAED 797K · Aug 2018
15021-bedAED 525K · Jul 2020
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
1–7 of 22

1512, Reva Residences in numbers

  • Sold once: by DAMAC on 12 September 2019 for AED 811,000, or AED 1,722 per sqft.
  • Rented since December 2022 on 5 Ejari contracts, from AED 55,000 to AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2019 price is 9.5%, 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 26 December 2025.

Questions about 1512, Reva Residences

What did unit 1512 last sell for?

AED 811,000 on 12 September 2019, sold by the developer: AED 1,722 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 1512?

AED 77,000 a year on the contract signed on 26 December 2025. The previous contract, from December 2024, was AED 72,000; the unit has been rented since December 2022.

How big is unit 1512?

471 sqft (43.8 sqm): a one-bedroom apartment on the 15th floor of a 27-storey tower completed in 2022.

What is unit 1512 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 1512, Reva Residences

Starts from the last sale price (AED 811K, 12 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 811,000
Deposit, UAE resident (20%)
AED 162,200
Deposit, non-resident (40%)
AED 324,400
Monthly over 25 years at 3.7%
AED 3,318

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