2-bed · 914 sqftReva Residences, Business Bay · 16th floor · completed 2022

1611, Reva Residences

Sold prices and rental history: sold 9 times, last in July 2026, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1611 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 21K30 July 2026
Current rentAED 120K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1611, Reva Residences

What is 1611 worth today?

Last sold for AED 20,788 in 2026

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1 Sep 2026RentedRenewal
AED 120,000/yr12 months · AED 131 per sqft
30 Jul 2026SoldReady · flagged as an outlier
AED 20,788AED 22 per sqft
5 Jan 2026SoldReady · flagged as an outlier
AED 61,112AED 66 per sqft
1 Sep 2025RentedNew contract
AED 120,000/yr12 months · AED 131 per sqft
25 Jun 2025SoldReady · flagged as an outlier
AED 82,860AED 90 per sqft
19 Dec 2024SoldReady · flagged as an outlier
AED 39,388AED 43 per sqft
20 Oct 2024RentedNew contract
AED 120,000/yr12 months · AED 131 per sqft
8 Jul 2024SoldReady · flagged as an outlier
AED 81,415AED 89 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
2-bed apartment
Size
914 sqft
Floor
16th of 27
Parking
P1-62
Developer
DAMAC
Completed
2022
Service charge
AED 22,600 /yr
Last sold
AED 21K · July 2026

About 1611, Reva Residences

1611 is a two-bedroom apartment of 914 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 July 2026 for AED 20,788, or AED 22 per sqft, 99% below the AED 1,730 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 120,000 a year: a gross yield of 577.3% on the 2026 price, before the service charge of about AED 22,600 a year.

Sales and rents for 1611 over time

Sales
Unit 1611, each saleTypical two-bed in Reva Residences
1M1.5M2018202120242027Typical sale price by year: 2018 AED 1,300,460; 2019 AED 1,322,000; 2020 AED 1,333,500; 2021 AED 1,292,000; 2022 AED 1,380,750; 2023 AED 1,325,000; 2024 AED 1,600,000; 2025 AED 1,550,000; 2026 AED 1,492,492Sold by developer, March 2019: AED 1,328,000 (AED 1,452 per sqft)Sold, September 2022: AED 980,000 (AED 1,071 per sqft)Sold, October 2022: AED 1,475,987 (AED 1,614 per sqft)

1611 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1611, each contractTypical two-bed in Reva Residences
80K100K120K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 95,500; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 99,599New contract, November 2022: AED 85,000 a yearNew contract, October 2024: AED 120,000 a yearNew contract, September 2025: AED 120,000 a yearRenewal, September 2026: AED 120,000 a year

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 1611 sits

All 130 2-beds →

1611 last sold in July 2026 at AED 22 per sqft, 99% below what two-beds in Reva Residences were fetching at the time (AED 1,730). 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. 1611's AED 120,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Sep 20261,400,000
24 Sep 20261,484,983
30 Jul 202659,133
29 Jan 20261,500,000
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 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

1611, Reva Residences in numbers

  • Sold 9 times: first on 25 March 2019 for AED 1,328,000, last on 30 July 2026 for AED 20,788 (AED 22 per sqft).
  • Rented since November 2022 on 4 Ejari contracts, from AED 85,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2026 price is 577.3%, 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 1 September 2026.

Questions about 1611, Reva Residences

What did unit 1611 last sell for?

AED 20,788 on 30 July 2026: AED 22 per sqft for 914 sqft. The unit has 9 registered sales; the first was AED 1,328,000 in March 2019.

What is the rent for unit 1611?

AED 120,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 120,000; the unit has been rented since November 2022.

How big is unit 1611?

914 sqft (84.9 sqm): a two-bedroom apartment on the 16th floor of a 27-storey tower completed in 2022.

What is unit 1611 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 1611, Reva Residences

Starts from the last sale price (AED 21K, 30 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 20,788
Deposit, UAE resident (20%)
AED 4,158
Deposit, non-resident (40%)
AED 8,315
Monthly over 25 years at 3.7%
AED 85

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