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2-bed · 918 sqftReva Residences, Business Bay · 20th floor · completed 2022

2016, Reva Residences

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2016 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 2M4 October 2023
Current rentAED 95K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2016, Reva Residences

What is 2016 worth today?

Last sold for AED 2,000,000 in 2023

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15 Jul 2026RentedNew contract
AED 95,000/yr12 months · AED 104 per sqft
1 Sep 2025RentedRenewal
AED 130,000/yr12 months · AED 142 per sqft
1 Sep 2025RentedRenewal
AED 130,000/yr12 months · AED 142 per sqft
1 Sep 2024RentedNew contract
AED 130,000/yr12 months · AED 142 per sqft
10 Oct 2023RentedNew contract
AED 100,000/yr6 months · AED 109 per sqft
4 Oct 2023SoldReady
AED 2,000,000AED 2,179 per sqft
19 Sep 2023SoldReady
AED 1,400,000AED 1,525 per sqft
19 Oct 2022RentedNew contract
AED 100,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
2-bed apartment
Size
918 sqft
Floor
20th of 27
Parking
P1-04
Developer
DAMAC
Completed
2022
Service charge
AED 22,700 /yr
Last sold
AED 2M · October 2023
Building
Reva Residences

About 2016, Reva Residences

2016 is a two-bedroom apartment of 918 sqft on the 20th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 4 October 2023 for AED 2,000,000, or AED 2,179 per sqft, 48% above the AED 1,476 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 15 July 2026, is AED 95,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 22,700 a year.

Sales and rents for 2016 over time

Sales
Unit 2016, each saleTypical two-bed in Reva Residences
1.5M2M2018202120242027Typical 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, September 2019: AED 1,401,000 (AED 1,542 per sqft)Sold, September 2023: AED 1,400,000 (AED 1,525 per sqft)Sold, October 2023: AED 2,000,000 (AED 2,179 per sqft)

2016 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2016, each contractTypical two-bed in Reva Residences
100K120K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 95,500; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 99,599New contract, October 2022: AED 100,000 a yearNew contract, October 2023: AED 100,000 a yearNew contract, September 2024: AED 130,000 a yearRenewal, September 2025: AED 130,000 a yearRenewal, September 2025: AED 130,000 a yearNew contract, July 2026: AED 95,000 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 2016 sits

All 130 2-beds →

2016 last sold in October 2023 at AED 2,179 per sqft, 48% above what two-beds in Reva Residences were fetching at the time (AED 1,476). 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. 2016's AED 95,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Sep 20261,400,000
24 Sep 20261,484,983
30 Jul 202620,788
30 Jul 202659,133
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 20th floor

All 600 units in Reva Residences
Value
20011-bedAED 1.07M · Apr 2025
20021-bedAED 800K · Jun 2023
20032-bedAED 1.32M · Mar 2019
20042-bedAED 1.33M · Mar 2019
20051-bedAED 940K · May 2025
20061-bedAED 1.02M · Jul 2022
20071-bedAED 814K · Nov 2018
1–7 of 22

2016, Reva Residences in numbers

  • Sold 3 times: first on 9 September 2019 for AED 1,401,000, last on 4 October 2023 for AED 2,000,000 (AED 2,179 per sqft).
  • Rented since October 2022 on 6 Ejari contracts, from AED 100,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 22,700 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 15 July 2026.

Questions about 2016, Reva Residences

What did unit 2016 last sell for?

AED 2,000,000 on 4 October 2023: AED 2,179 per sqft for 918 sqft. The unit has 3 registered sales; the first was AED 1,401,000 in September 2019.

What is the rent for unit 2016?

AED 95,000 a year on the contract signed on 15 July 2026. The previous contract, from September 2025, was AED 130,000; the unit has been rented since October 2022.

How big is unit 2016?

918 sqft (85.3 sqm): a two-bedroom apartment on the 20th floor of a 27-storey tower completed in 2022.

What is unit 2016 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 2016, Reva Residences

Starts from the last sale price (AED 2M, 4 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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