1-bed · 471 sqftReva Residences, Business Bay · 24th floor · completed 2022

2409, Reva Residences

Sold prices and rental history: sold twice, last in December 2021, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2409 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 692K15 December 2021
Current rentAED 80K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2409, Reva Residences

What is 2409 worth today?

Last sold for AED 692,000 in 2021

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15 Sep 2024RentedNew contract
AED 80,000/yr12 months · AED 170 per sqft
15 Dec 2021SoldOff-plan
AED 692,000AED 1,467 per sqft
5 Mar 2019Sold by developerOff-plan
AED 855,000AED 1,813 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
24th of 27
Parking
P2-40
Developer
DAMAC
Completed
2022
Service charge
AED 11,700 /yr
Last sold
AED 692K · December 2021

About 2409, Reva Residences

2409 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 15 December 2021 for AED 692,000, or AED 1,467 per sqft, 12% below the AED 1,672 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 September 2024. The current contract, signed on 15 September 2024, is AED 80,000 a year: a gross yield of 11.6% on the 2021 price, before the service charge of about AED 11,700 a year.

Sales and rents for 2409 over time

Sales
Unit 2409, each saleTypical one-bed in Reva Residences
800K1M2018202120242027Typical 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, March 2019: AED 855,000 (AED 1,813 per sqft)Sold, December 2021: AED 692,000 (AED 1,467 per sqft)

2409 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2409, each contractTypical one-bed in Reva Residences
70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 70,000New contract, September 2024: AED 80,000 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 2409 sits

All 470 1-beds →

2409 last sold in December 2021 at AED 1,467 per sqft, 12% below what one-beds in Reva Residences were fetching at the time (AED 1,672). 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. 2409's AED 80,000 is in the upper 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 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
24042-bedAED 1.65M · Dec 2024
24051-bedAED 1M · Oct 2024
24061-bedAED 820K · Jan 2024
24071-bedAED 895K · May 2024
1–7 of 22

2409, Reva Residences in numbers

  • Sold twice: first on 5 March 2019 for AED 855,000, last on 15 December 2021 for AED 692,000 (AED 1,467 per sqft).
  • Rented since September 2024 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2021 price is 11.6%, 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 15 September 2024.

Questions about 2409, Reva Residences

What did unit 2409 last sell for?

AED 692,000 on 15 December 2021: AED 1,467 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 855,000 in March 2019.

What is the rent for unit 2409?

AED 80,000 a year on the contract signed on 15 September 2024.

How big is unit 2409?

471 sqft (43.8 sqm): a one-bedroom apartment on the 24th floor of a 27-storey tower completed in 2022.

What is unit 2409 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 2409, Reva Residences

Starts from the last sale price (AED 692K, 15 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 692,000
Deposit, UAE resident (20%)
AED 138,400
Deposit, non-resident (40%)
AED 276,800
Monthly over 25 years at 3.7%
AED 2,831

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