Home
Dubai prices
About
Research
1-bed · 471 sqftReva Residences, Business Bay · 16th floor · completed 2022

1608, Reva Residences

Sold prices and rental history: sold 3 times, last in August 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 26 June 2026
Last soldAED 807K30 August 2022
Current rentAED 60K /yr26 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1608

Property timeline for 1608, Reva Residences

What is 1608 worth today?

Last sold for AED 807,000 in 2022

Unlock today's estimate, updated daily, with

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

26 Jun 2026RentedNew contract
AED 60,000/yr13 months · AED 127 per sqft
16 Mar 2025RentedNew contract
AED 82,000/yr12 months · AED 174 per sqft
6 Oct 2022RentedNew contract
AED 90,000/yr7 months · AED 191 per sqft
30 Aug 2022SoldReady
AED 807,000AED 1,711 per sqft
18 Apr 2022SoldOff-plan
AED 594,402AED 1,260 per sqft
7 Nov 2019Sold by developerOff-plan
AED 815,000AED 1,728 per sqft

Source: Dubai Land Department. Updated 26 June 2026.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
16th of 27
Parking
P3-27
Developer
DAMAC
Completed
2022
Service charge
AED 11,700 /yr
Last sold
AED 807K · August 2022
Building
Reva Residences

About 1608, Reva Residences

1608 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 30 August 2022 for AED 807,000, or AED 1,711 per sqft, 6% below the AED 1,819 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 26 June 2026, is AED 60,000 a year: a gross yield of 7.4% on the 2022 price, before the service charge of about AED 11,700 a year.

Sales and rents for 1608 over time

Sales
Unit 1608, each saleTypical one-bed in Reva Residences
600K800K1M2018202120242027Typical 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, November 2019: AED 815,000 (AED 1,728 per sqft)Sold, April 2022: AED 594,402 (AED 1,260 per sqft)Sold, August 2022: AED 807,000 (AED 1,711 per sqft)

1608 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1608, each contractTypical one-bed in Reva Residences
60K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 70,000New contract, October 2022: AED 90,000 a yearNew contract, March 2025: AED 82,000 a yearNew contract, June 2026: AED 60,000 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 1608 sits

All 470 1-beds →

1608 last sold in August 2022 at AED 1,711 per sqft, 6% below what one-beds in Reva Residences were fetching at the time (AED 1,819). 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. 1608's AED 60,000 is in the lower 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 16th floor

All 600 units in Reva Residences
Value
16011-bedAED 799K · Oct 2019
16021-bedAED 799K · Sep 2019
16032-bedAED 1.4M · Dec 2022
16042-bedAED 1.4M · Dec 2022
16051-bedAED 1.09M · Dec 2025
16061-bedAED 821K · Oct 2019
16071-bedAED 970K · Oct 2024
1–7 of 22

1608, Reva Residences in numbers

  • Sold 3 times: first on 7 November 2019 for AED 815,000, last on 30 August 2022 for AED 807,000 (AED 1,711 per sqft).
  • Rented since October 2022 on 3 Ejari contracts, from AED 90,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 7.4%, 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 26 June 2026.

Questions about 1608, Reva Residences

What did unit 1608 last sell for?

AED 807,000 on 30 August 2022: AED 1,711 per sqft for 471 sqft. The unit has 3 registered sales; the first was AED 815,000 in November 2019.

What is the rent for unit 1608?

AED 60,000 a year on the contract signed on 26 June 2026. The previous contract, from March 2025, was AED 82,000; the unit has been rented since October 2022.

How big is unit 1608?

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

What is unit 1608 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 1608? 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 1608, Reva Residences

Starts from the last sale price (AED 807K, 30 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 807,000
Deposit, UAE resident (20%)
AED 161,400
Deposit, non-resident (40%)
AED 322,800
Monthly over 25 years at 3.7%
AED 3,302

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