2-bed · 914 sqftReva Residences, Business Bay · 23rd floor · completed 2022

2304, Reva Residences

Sold prices and rental history: sold once, by the developer in September 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 5 September 2019
Last soldAED 1.33M5 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, Reva Residences

What is 2304 worth today?

Last sold for AED 1,334,000 in 2019

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5 Sep 2019Sold by developerOff-plan
AED 1,334,000AED 1,458 per sqft

Source: Dubai Land Department. Updated 5 September 2019.

Key facts

Type
2-bed apartment
Size
914 sqft
Floor
23rd of 27
Parking
P1-17
Developer
DAMAC
Completed
2022
Service charge
AED 22,600 /yr
Last sold
AED 1.33M · September 2019

About 2304, Reva Residences

2304 is a two-bedroom apartment of 914 sqft on the 23rd floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 5 September 2019 for AED 1,334,000, or AED 1,458 per sqft, in line with the AED 1,438 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2304 over time

Sales
Unit 2304, each saleTypical two-bed in Reva Residences
1.4M1.6M2018202120242027Typical 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 1,334,000 (AED 1,458 per sqft)

2304 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2304, each contractTypical two-bed in Reva Residences
90K100K110K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 95,500; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 99,599

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 2304 sits

All 130 2-beds →

2304 last sold in September 2019 at AED 1,458 per sqft, in line with what two-beds in Reva Residences were fetching at the time (AED 1,438). 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.

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 23rd floor

All 600 units in Reva Residences
Value
23011-bedAED 950K · May 2026
23021-bedAED 792K · Nov 2022
23032-bedAED 1.7M · Jan 2025
23051-bedAED 925K · Sep 2023
23061-bedAED 867K · May 2019
23071-bedAED 830K · Dec 2018
23081-bedAED 1.01M · Jul 2023
1–7 of 22

2304, Reva Residences in numbers

  • Sold once: by DAMAC on 5 September 2019 for AED 1,334,000, or AED 1,458 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 5 September 2019.

Questions about 2304, Reva Residences

What did unit 2304 last sell for?

AED 1,334,000 on 5 September 2019, sold by the developer: AED 1,458 per sqft for 914 sqft. It is the only registered sale of the unit.

How big is unit 2304?

914 sqft (84.9 sqm): a two-bedroom apartment on the 23rd floor of a 27-storey tower completed in 2022.

What is unit 2304 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 2304, Reva Residences

Starts from the last sale price (AED 1.33M, 5 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,334,000
Deposit, UAE resident (20%)
AED 266,800
Deposit, non-resident (40%)
AED 533,600
Monthly over 25 years at 3.7%
AED 5,458

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