2-bed · 914 sqftReva Residences, Business Bay · 15th floor · completed 2022

1516, 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 September 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 1516 · DLD and Ejari recordsUpdated 5 July 2026

Last soldAED 1.37M11 September 2018

Current rentAED 95K /yr5 July 2026

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Today's valuefree after one verification

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Property timeline for 1516, Reva Residences

Today

What is 1516 worth today?

Last sold for AED 1,367,000 in 2018

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5 Jul 2026

5 Jul 2026RentedRenewal

AED 95,000/yr24 months · AED 104 per sqft

5 Jul 2025

5 Jul 2025RentedNew contract

AED 110,000/yr12 months · AED 120 per sqft

1 Jan 2025

1 Jan 2025RentedRenewal

AED 120,000/yr12 months · AED 131 per sqft

1 Jan 2025

1 Jan 2025RentedRenewal

AED 120,000/yr12 months · AED 131 per sqft

1 Jan 2024

1 Jan 2024RentedRenewal

AED 115,000/yr12 months · AED 126 per sqft

1 Jan 2023

1 Jan 2023RentedNew contract

AED 110,000/yr12 months · AED 120 per sqft

11 Sep 2018

11 Sep 2018Sold by developerOff-plan

AED 1,367,000AED 1,495 per sqft

Source: Dubai Land Department. Updated 5 July 2026.

Key facts

Type: 2-bed apartment
Size: 914 sqft
Floor: 15th of 27
Parking: P1-58
Developer: DAMAC
Completed: 2022
Service charge: AED 22,600 /yr
Last sold: AED 1.37M · September 2018
Building: Reva Residences

About 1516, Reva Residences

1516 is a two-bedroom apartment of 914 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 11 September 2018 for AED 1,367,000, or AED 1,495 per sqft, 5% above the AED 1,422 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 6 Ejari contracts. The current contract, renewed on 5 July 2026, is AED 95,000 a year: a gross yield of 7.0% on the 2018 price, before the service charge of about AED 22,600 a year.

Sales and rents for 1516 over time

Sales

Unit 1516, each saleTypical two-bed in Reva Residences

1516 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1516, each contractTypical two-bed in Reva Residences

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Reva Residences, and where 1516 sits

All 130 2-beds →

2-beds in Reva Residences · last 12 months1,710 /sqft Reva Residences · all types2,015 /sqft

1516 last sold in September 2018 at AED 1,495 per sqft, 5% above what two-beds in Reva Residences were fetching at the time (AED 1,422). Over the last 12 months two-beds sold for AED 1,400,000 to 1,730,000, around AED 1,710 per sqft, and rent for AED 68,250 to 145,000 a year. 1516's AED 95,000 is in the lower half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
28 Sep 202628 September 2026	918 sqft	1,400,000	1,525
24 Sep 202624 September 2026	914 sqft	1,484,983	1,624
30 Jul 202630 July 2026	914 sqft	20,788	22
30 Jul 202630 July 2026	914 sqft	59,133	64

11 2-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
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
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

1516, Reva Residences in numbers

Sold once: by DAMAC on 11 September 2018 for AED 1,367,000, or AED 1,495 per sqft.
Rented since January 2023 on 6 Ejari contracts, from AED 110,000 to AED 95,000 a year.
At AED 95,000 a year the gross yield on the 2018 price is 7.0%, before a service charge of about AED 22,600 a year (AED 24.73 per sqft).
Two-beds in Reva Residences sold for AED 1,400,000–1,730,000 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 5 July 2026.

Questions about 1516, Reva Residences

What did unit 1516 last sell for?

AED 1,367,000 on 11 September 2018, sold by the developer: AED 1,495 per sqft for 914 sqft. It is the only registered sale of the unit.

What is the rent for unit 1516?

AED 95,000 a year on the contract renewed on 5 July 2026. The previous contract, from July 2025, was AED 110,000; the unit has been rented since January 2023.

How big is unit 1516?

914 sqft (84.9 sqm): a two-bedroom apartment on the 15th floor of a 27-storey tower completed in 2022.

What is unit 1516 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Reva Residences sold for AED 1,400,000 to 1,730,000 in the last 12 months, around AED 1,710 per sqft.

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Mortgage on 1516, Reva Residences

Starts from the last sale price (AED 1.37M, 11 September 2018). Switch to today's estimate once you have unlocked it.

Price: AED 1,367,000
Deposit, UAE resident (20%): AED 273,400
Deposit, non-resident (40%): AED 546,800
Monthly over 25 years at 3.7%: AED 5,593

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