2407, Reva Residences
Sold prices and rental history: sold twice, last in May 2024, and rented once, from September 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2407, Reva Residences
What is 2407 worth today?
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Source: Dubai Land Department. Updated 29 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 471 sqft
- Floor
- 24th of 27
- Parking
- P2-38
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 11,700 /yr
- Last sold
- AED 895K · May 2024
- Building
- Reva Residences
About 2407, Reva Residences
2407 is a one-bedroom apartment of 471 sqft on the 24th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 29 May 2024 for AED 895,000, or AED 1,898 per sqft, 3% below the AED 1,961 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 13 September 2023. The current contract, signed on 13 September 2023, is AED 68,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 11,700 a year.
Sales and rents for 2407 over time
2407 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 2407 sits
All 470 1-beds →2407 last sold in May 2024 at AED 1,898 per sqft, 3% below what one-beds in Reva Residences were fetching at the time (AED 1,961). 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. 2407's AED 68,000 is in the lower 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 24th floor
All 600 units in Reva Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 1-bed | 470 sqft | AED 883KAED 883,050 · Jul 2022July 2022 | 58,000 /yr | |
| 2402 | 1-bed | 474 sqft | AED 829KAED 829,000 · Mar 2019March 2019 | 73,333 /yr | |
| 2403 | 2-bed | 905 sqft | AED 2.08MAED 2,080,000 · Sep 2025September 2025 | 120,000 /yr | |
| 2404 | 2-bed | 914 sqft | AED 1.65MAED 1,650,000 · Dec 2024December 2024 | 125,000 /yr | |
| 2405 | 1-bed | 470 sqft | AED 1MAED 1,000,000 · Oct 2024October 2024 | 85,000 /yr | |
| 2406 | 1-bed | 473 sqft | AED 820KAED 820,000 · Jan 2024January 2024 | 65,000 /yr | |
| 2408 | 1-bed | 471 sqft | AED 855KAED 855,000 · Feb 2019February 2019 | 75,000 /yr | |
| 2409 | 1-bed | 471 sqft | AED 692KAED 692,000 · Dec 2021December 2021 | 80,000 /yr | |
| 2410 | 1-bed | 471 sqft | AED 1.03MAED 1,025,000 · Sep 2024September 2024 | 62,000 /yr | |
| 2411 | 2-bed | 913 sqft | AED 1.39MAED 1,386,000 · Sep 2019September 2019 | 112,500 /yr | |
| 2412 | 1-bed | 471 sqft | AED 760KAED 760,000 · Mar 2023March 2023 | 75,000 /yr | |
| 2413 | 1-bed | 474 sqft | AED 1.05MAED 1,050,000 · Nov 2025November 2025 | 51,975 /yr | |
| 2414 | 1-bed | 466 sqft | AED 1.05MAED 1,050,000 · Nov 2025November 2025 | 80,000 /yr | |
| 2415 | 1-bed | 469 sqft | AED 1.12MAED 1,120,000 · Feb 2025February 2025 | 75,000 /yr | |
| 2416 | 2-bed | 918 sqft | AED 1.73MAED 1,730,000 · Dec 2025December 2025 | 125,000 /yr | |
| 2417 | 1-bed | 476 sqft | AED 1.06MAED 1,060,000 · Nov 2023November 2023 | ||
| 2418 | 1-bed | 250 sqft | AED 480KAED 480,000 · Dec 2025December 2025 | 68,000 /yr | |
| 2419 | 1-bed | 472 sqft | AED 1.07MAED 1,070,000 · Aug 2024August 2024 | 76,000 /yr | |
| 2420 | 1-bed | 471 sqft | AED 1.3MAED 1,300,000 · Jan 2024January 2024 | 70,000 /yr | |
| 2421 | 1-bed | 471 sqft | AED 831KAED 831,000 · Apr 2019April 2019 | 65,000 /yr | |
| 2422 | 1-bed | 471 sqft | AED 1.1MAED 1,100,000 · Jan 2025January 2025 | 83,000 /yr | |
| 2423 | 2-bed | 915 sqft | AED 2.1MAED 2,100,000 · Jun 2024June 2024 | 95,000 /yr |
2407, Reva Residences in numbers
- Sold twice: first on 5 March 2019 for AED 840,000, last on 29 May 2024 for AED 895,000 (AED 1,898 per sqft).
- Rented since September 2023 on one Ejari contract, at AED 68,000 a year.
- At AED 68,000 a year the gross yield on the 2024 price is 7.6%, 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 29 May 2024.
Questions about 2407, Reva Residences
What did unit 2407 last sell for?
AED 895,000 on 29 May 2024: AED 1,898 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 840,000 in March 2019.
What is the rent for unit 2407?
AED 68,000 a year on the contract signed on 13 September 2023.
How big is unit 2407?
471 sqft (43.8 sqm): a one-bedroom apartment on the 24th floor of a 27-storey tower completed in 2022.
What is unit 2407 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 2407, Reva Residences
Starts from the last sale price (AED 895K, 29 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 895,000
- Deposit, UAE resident (20%)
- AED 179,000
- Deposit, non-resident (40%)
- AED 358,000
- Monthly over 25 years at 3.7%
- AED 3,662
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →