1617, Reva Residences
Sold prices and rental history: sold once, by the developer in May 2019, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1617, Reva Residences
What is 1617 worth today?
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Source: Dubai Land Department. Updated 6 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 466 sqft
- Floor
- 16th of 27
- Parking
- P3-34
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 11,500 /yr
- Last sold
- AED 790K · May 2019
- Building
- Reva Residences
About 1617, Reva Residences
1617 is a one-bedroom apartment of 466 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 20 May 2019 for AED 790,000, or AED 1,695 per sqft, in line with the AED 1,722 one-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 6 May 2026, is AED 68,000 a year: a gross yield of 8.6% on the 2019 price, before the service charge of about AED 11,500 a year.
Sales and rents for 1617 over time
1617 has sold once; 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 1617 sits
All 470 1-beds →1617 last sold in May 2019 at AED 1,695 per sqft, in line with what one-beds in Reva Residences were fetching at the time (AED 1,722). 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. 1617's AED 68,000 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 | |
| 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 | |
| 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 |
1617, Reva Residences in numbers
- Sold once: by DAMAC on 20 May 2019 for AED 790,000, or AED 1,695 per sqft.
- Rented since May 2023 on 5 Ejari contracts, from AED 65,000 to AED 68,000 a year.
- At AED 68,000 a year the gross yield on the 2019 price is 8.6%, before a service charge of about AED 11,500 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 6 May 2026.
Questions about 1617, Reva Residences
What did unit 1617 last sell for?
AED 790,000 on 20 May 2019, sold by the developer: AED 1,695 per sqft for 466 sqft. It is the only registered sale of the unit.
What is the rent for unit 1617?
AED 68,000 a year on the contract renewed on 6 May 2026. The previous contract, from May 2025, was AED 68,000; the unit has been rented since May 2023.
How big is unit 1617?
466 sqft (43.3 sqm): a one-bedroom apartment on the 16th floor of a 27-storey tower completed in 2022.
What is unit 1617 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 1617, Reva Residences
Starts from the last sale price (AED 790K, 20 May 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 790,000
- Deposit, UAE resident (20%)
- AED 158,000
- Deposit, non-resident (40%)
- AED 316,000
- Monthly over 25 years at 3.7%
- AED 3,232
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →