2-bed · 914 sqftReva Residences, Business Bay · 24th floor · completed 2022

2404, Reva Residences

Sold prices and rental history: sold twice, last in December 2024, and rented once, from December 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 26 December 2024
Last soldAED 1.65M26 December 2024
Current rentAED 125K /yr12 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Reva Residences

What is 2404 worth today?

Last sold for AED 1,650,000 in 2024

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26 Dec 2024SoldReady
AED 1,650,000AED 1,804 per sqft
12 Dec 2022RentedNew contract
AED 125,000/yr12 months · AED 137 per sqft
6 Oct 2019Sold by developerOff-plan
AED 1,336,000AED 1,461 per sqft

Source: Dubai Land Department. Updated 26 December 2024.

Key facts

Type
2-bed apartment
Size
914 sqft
Floor
24th of 27
Parking
P1-22
Developer
DAMAC
Completed
2022
Service charge
AED 22,600 /yr
Last sold
AED 1.65M · December 2024

About 2404, Reva Residences

2404 is a two-bedroom apartment of 914 sqft on the 24th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 26 December 2024 for AED 1,650,000, or AED 1,804 per sqft, 3% above the AED 1,749 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 December 2022. The current contract, signed on 12 December 2022, is AED 125,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 22,600 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, 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, October 2019: AED 1,336,000 (AED 1,461 per sqft)Sold, December 2024: AED 1,650,000 (AED 1,804 per sqft)

2404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2404, 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, December 2022: AED 125,000 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 2404 sits

All 130 2-beds →

2404 last sold in December 2024 at AED 1,804 per sqft, 3% above what two-beds in Reva Residences were fetching at the time (AED 1,749). 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. 2404's AED 125,000 is in the upper 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 24th floor

All 600 units in Reva Residences
Value
24011-bedAED 883K · Jul 2022
24021-bedAED 829K · Mar 2019
24032-bedAED 2.08M · Sep 2025
24051-bedAED 1M · Oct 2024
24061-bedAED 820K · Jan 2024
24071-bedAED 895K · May 2024
24081-bedAED 855K · Feb 2019
1–7 of 22

2404, Reva Residences in numbers

  • Sold twice: first on 6 October 2019 for AED 1,336,000, last on 26 December 2024 for AED 1,650,000 (AED 1,804 per sqft).
  • Rented since December 2022 on one Ejari contract, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 22,600 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 26 December 2024.

Questions about 2404, Reva Residences

What did unit 2404 last sell for?

AED 1,650,000 on 26 December 2024: AED 1,804 per sqft for 914 sqft. The unit has 2 registered sales; the first was AED 1,336,000 in October 2019.

What is the rent for unit 2404?

AED 125,000 a year on the contract signed on 12 December 2022.

How big is unit 2404?

914 sqft (84.9 sqm): a two-bedroom apartment on the 24th floor of a 27-storey tower completed in 2022.

What is unit 2404 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 2404, Reva Residences

Starts from the last sale price (AED 1.65M, 26 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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