1-bed · 471 sqftReva Residences, Business Bay · 16th floor · completed 2022

1602, 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 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 1602

Unit 1602 · DLD and Ejari recordsUpdated 12 May 2026

Last soldAED 799K9 September 2019

Current rentAED 70K /yr12 May 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 1602

Property timeline for 1602, Reva Residences

Today

What is 1602 worth today?

Last sold for AED 799,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 May 2026

12 May 2026RentedNew contract

AED 70,000/yr12 months · AED 149 per sqft

12 May 2025

12 May 2025RentedNew contract

AED 70,000/yr12 months · AED 148 per sqft

1 Feb 2024

1 Feb 2024RentedNew contract

AED 72,000/yr12 months · AED 152 per sqft

9 Nov 2022

9 Nov 2022RentedNew contract

AED 60,000/yr12 months · AED 127 per sqft

9 Sep 2019

9 Sep 2019Sold by developerOff-plan

AED 799,000AED 1,697 per sqft

Source: Dubai Land Department. Updated 12 May 2026.

Key facts

Type: 1-bed apartment
Size: 471 sqft
Floor: 16th of 27
Parking: P3-23
Developer: DAMAC
Completed: 2022
Service charge: AED 11,600 /yr
Last sold: AED 799K · September 2019
Building: Reva Residences

About 1602, Reva Residences

1602 is a one-bedroom apartment of 471 sqft on the 16th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 9 September 2019 for AED 799,000, or AED 1,697 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 4 Ejari contracts. The current contract, signed on 12 May 2026, is AED 70,000 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 11,600 a year.

Sales and rents for 1602 over time

Sales

Unit 1602, each saleTypical one-bed in Reva Residences

1602 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1602, 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 1602 sits

All 470 1-beds →

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

1602 last sold in September 2019 at AED 1,697 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. 1602's AED 70,000 is in the lower 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 16th floor

All 600 units in Reva Residences


1601	1-bed	470 sqft	AED 799KAED 799,000 · Oct 2019October 2019	75,000 /yr
1603	2-bed	900 sqft	AED 1.4MAED 1,400,000 · Dec 2022December 2022	125,000 /yr
1604	2-bed	914 sqft	AED 1.4MAED 1,400,000 · Dec 2022December 2022	120,000 /yr
1605	1-bed	473 sqft	AED 1.09MAED 1,090,000 · Dec 2025December 2025	85,000 /yr
1606	1-bed	470 sqft	AED 821KAED 821,240 · Oct 2019October 2019	73,500 /yr
1607	1-bed	471 sqft	AED 970KAED 970,000 · Oct 2024October 2024	67,000 /yr
1608	1-bed	471 sqft	AED 807KAED 807,000 · Aug 2022August 2022	60,000 /yr
1609	1-bed	471 sqft	AED 815KAED 815,000 · Jun 2022June 2022	58,000 /yr
1610	1-bed	471 sqft	AED 1.07MAED 1,070,000 · May 2024May 2024	83,000 /yr
1611	2-bed	914 sqft	AED 21KAED 20,788 · Jul 2026July 2026	120,000 /yr
1612	1-bed	471 sqft	AED 813KAED 813,000 · May 2019May 2019
1613	1-bed	471 sqft	AED 1MAED 1,000,000 · Jul 2024July 2024	80,000 /yr
1614	1-bed	466 sqft	AED 813KAED 813,000 · May 2019May 2019	75,000 /yr
1615	1-bed	466 sqft	AED 822KAED 822,000 · Jun 2019June 2019	70,000 /yr
1616	2-bed	914 sqft	AED 59KAED 59,133 · Jul 2026July 2026	90,000 /yr
1617	1-bed	466 sqft	AED 790KAED 790,000 · May 2019May 2019	68,000 /yr
1618	1-bed	471 sqft	AED 1.15MAED 1,150,000 · Aug 2024August 2024	85,000 /yr
1619	1-bed	471 sqft	AED 1.01MAED 1,007,000 · Jul 2022July 2022
1620	1-bed	471 sqft	AED 867KAED 867,300 · Mar 2023March 2023	79,000 /yr
1621	1-bed	471 sqft	AED 801KAED 801,000 · Oct 2019October 2019	72,000 /yr
1622	1-bed	471 sqft	AED 900KAED 900,000 · Sep 2026September 2026	75,000 /yr
1623	2-bed	915 sqft	AED 2.05MAED 2,050,000 · Oct 2024October 2024	120,000 /yr

1–7 of 22

1602, Reva Residences in numbers

Sold once: by DAMAC on 9 September 2019 for AED 799,000, or AED 1,697 per sqft.
Rented since November 2022 on 4 Ejari contracts, from AED 60,000 to AED 70,000 a year.
At AED 70,000 a year the gross yield on the 2019 price is 8.8%, 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 12 May 2026.

Questions about 1602, Reva Residences

What did unit 1602 last sell for?

AED 799,000 on 9 September 2019, sold by the developer: AED 1,697 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 1602?

AED 70,000 a year on the contract signed on 12 May 2026. The previous contract, from May 2025, was AED 70,000; the unit has been rented since November 2022.

How big is unit 1602?

471 sqft (43.8 sqm): a one-bedroom apartment on the 16th floor of a 27-storey tower completed in 2022.

What is unit 1602 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.

Selling 1602? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1602, Reva Residences

Starts from the last sale price (AED 799K, 9 September 2019). Switch to today's estimate once you have unlocked it.

Price: AED 799,000
Deposit, UAE resident (20%): AED 159,800
Deposit, non-resident (40%): AED 319,600
Monthly over 25 years at 3.7%: AED 3,269

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