1618, Reva Residences
Sold prices and rental history: sold twice, last in August 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1618, Reva Residences
What is 1618 worth today?
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Source: Dubai Land Department. Updated 27 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 471 sqft
- Floor
- 16th of 27
- Parking
- P3-35
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 11,700 /yr
- Last sold
- AED 1.15M · August 2024
- Building
- Reva Residences
About 1618, Reva Residences
1618 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 6 August 2024 for AED 1,150,000, or AED 2,439 per sqft, 19% above the AED 2,057 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 27 December 2024, is AED 85,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 11,700 a year.
Sales and rents for 1618 over time
1618 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 1618 sits
All 470 1-beds →1618 last sold in August 2024 at AED 2,439 per sqft, 19% above what one-beds in Reva Residences were fetching at the time (AED 2,057). 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. 1618's AED 85,000 is in the upper 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 | |
| 1617 | 1-bed | 466 sqft | AED 790KAED 790,000 · May 2019May 2019 | 68,000 /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 |
1618, Reva Residences in numbers
- Sold twice: first on 30 August 2022 for AED 1,062,000, last on 6 August 2024 for AED 1,150,000 (AED 2,439 per sqft).
- Rented since November 2022 on 3 Ejari contracts. The rent fell from AED 81,000 to AED 65,000 in 2023 and recovered to AED 85,000 by December 2024.
- At AED 85,000 a year the gross yield on the 2024 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 27 December 2024.
Questions about 1618, Reva Residences
What did unit 1618 last sell for?
AED 1,150,000 on 6 August 2024: AED 2,439 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 1,062,000 in August 2022.
What is the rent for unit 1618?
AED 85,000 a year on the contract signed on 27 December 2024. The previous contract, from July 2023, was AED 65,000; the unit has been rented since November 2022.
How big is unit 1618?
471 sqft (43.8 sqm): a one-bedroom apartment on the 16th floor of a 27-storey tower completed in 2022.
What is unit 1618 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 1618, Reva Residences
Starts from the last sale price (AED 1.15M, 6 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →