1-bed · 471 sqftReva Residences, Business Bay · 16th floor · completed 2022

1621, Reva Residences

Sold prices and rental history: sold once, by the developer in October 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1621 · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 801K6 October 2019
Current rentAED 72K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1621, Reva Residences

What is 1621 worth today?

Last sold for AED 801,000 in 2019

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10 Oct 2026RentedRenewal
AED 72,000/yr12 months · AED 153 per sqft
10 Oct 2025RentedRenewal
AED 72,000/yr12 months · AED 153 per sqft
10 Oct 2024RentedNew contract
AED 72,000/yr12 months · AED 153 per sqft
8 Feb 2023RentedNew contract
AED 65,000/yr12 months · AED 138 per sqft
8 Oct 2022RentedNew contract
AED 65,000/yr12 months · AED 138 per sqft
6 Oct 2019Sold by developerOff-plan
AED 801,000AED 1,698 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
16th of 27
Parking
P3-38
Developer
DAMAC
Completed
2022
Service charge
AED 11,700 /yr
Last sold
AED 801K · October 2019

About 1621, Reva Residences

1621 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. The developer sold it on 6 October 2019 for AED 801,000, or AED 1,698 per sqft, in line with the AED 1,728 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 10 October 2026, is AED 72,000 a year: a gross yield of 9.0% on the 2019 price, before the service charge of about AED 11,700 a year.

Sales and rents for 1621 over time

Sales
Unit 1621, each saleTypical one-bed in Reva Residences
800K900K1M2018202120242027Typical 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, October 2019: AED 801,000 (AED 1,698 per sqft)

1621 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1621, each contractTypical one-bed in Reva Residences
65K70K75K202220242026Typical 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 65,000 a yearNew contract, February 2023: AED 65,000 a yearNew contract, October 2024: AED 72,000 a yearRenewal, October 2025: AED 72,000 a yearRenewal, October 2026: AED 72,000 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 1621 sits

All 470 1-beds →

1621 last sold in October 2019 at AED 1,698 per sqft, in line with what one-beds in Reva Residences were fetching at the time (AED 1,728). 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. 1621's AED 72,000 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

1621, Reva Residences in numbers

  • Sold once: by DAMAC on 6 October 2019 for AED 801,000, or AED 1,698 per sqft.
  • Rented since October 2022 on 5 Ejari contracts, from AED 65,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2019 price is 9.0%, 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 10 October 2026.

Questions about 1621, Reva Residences

What did unit 1621 last sell for?

AED 801,000 on 6 October 2019, sold by the developer: AED 1,698 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 1621?

AED 72,000 a year on the contract renewed on 10 October 2026. The previous contract, from October 2025, was AED 72,000; the unit has been rented since October 2022.

How big is unit 1621?

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

What is unit 1621 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 1621, Reva Residences

Starts from the last sale price (AED 801K, 6 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 801,000
Deposit, UAE resident (20%)
AED 160,200
Deposit, non-resident (40%)
AED 320,400
Monthly over 25 years at 3.7%
AED 3,277

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