
1607, Reva Residences
Sold prices and rental history: sold twice, last in October 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1607, Reva Residences
What is 1607 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 471 sqft
- Floor
- 16th of 27
- Parking
- P3-26
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 11,700 /yr
- Last sold
- AED 970K · October 2024
- Building
- Reva Residences
About 1607, Reva Residences
1607 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. It last sold on 29 October 2024 for AED 970,000, or AED 2,057 per sqft, in line with the AED 2,097 one-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 1 September 2026, is AED 67,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 11,700 a year.
Sales and rents for 1607 over time
1607 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1607 sits
All 470 1-beds →1607 last sold in October 2024 at AED 2,057 per sqft, in line with what one-beds in Reva Residences were fetching at the time (AED 2,097). 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. 1607's AED 67,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Reva Residences
Building600 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%
Other units on the 16th floor
All 600 units in Reva Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 470 sqft | AED 799KAED 799,000 · Oct 2019October 2019 | 75,000 /yr | |
| 1602 | 1-bed | 471 sqft | AED 799KAED 799,000 · Sep 2019September 2019 | 70,000 /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 | |
| 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 |
1607, Reva Residences in numbers
- Sold twice: first on 6 November 2019 for AED 815,000, last on 29 October 2024 for AED 970,000 (AED 2,057 per sqft).
- Rented since December 2024 on 3 Ejari contracts, from AED 84,000 to AED 67,000 a year.
- At AED 67,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 11,700 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 September 2026.
Questions about 1607, Reva Residences
What did unit 1607 last sell for?
AED 970,000 on 29 October 2024: AED 2,057 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 815,000 in November 2019.
What is the rent for unit 1607?
AED 67,000 a year on the contract signed on 1 September 2026. The previous contract, from December 2025, was AED 115,500; the unit has been rented since December 2024.
How big is unit 1607?
471 sqft (43.8 sqm): a one-bedroom apartment on the 16th floor of a 27-storey tower completed in 2022.
What is unit 1607 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 1607, Reva Residences
Starts from the last sale price (AED 970K, 29 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 970,000
- Deposit, UAE resident (20%)
- AED 194,000
- Deposit, non-resident (40%)
- AED 388,000
- Monthly over 25 years at 3.7%
- AED 3,969
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →