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

2420, Reva Residences

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2420 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 1.3M4 January 2024
Current rentAED 70K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2420, Reva Residences

What is 2420 worth today?

Last sold for AED 1,300,000 in 2024

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1 Jul 2026RentedNew contract
AED 70,000/yr6 months · AED 149 per sqft
1 Jul 2025RentedNew contract
AED 80,000/yr12 months · AED 170 per sqft
1 Jul 2025RentedNew contract
AED 80,000/yr12 months · AED 170 per sqft
12 Apr 2024RentedNew contract
AED 82,000/yr12 months · AED 173 per sqft
4 Jan 2024SoldReady
AED 1,300,000AED 2,760 per sqft
3 Aug 2023SoldReady
AED 831,000AED 1,764 per sqft
23 May 2019Sold by developerOff-plan
AED 831,000AED 1,764 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
24th of 27
Parking
P2-49
Developer
DAMAC
Completed
2022
Service charge
AED 11,600 /yr
Last sold
AED 1.3M · January 2024

About 2420, Reva Residences

2420 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 4 January 2024 for AED 1,300,000, or AED 2,760 per sqft, 52% above the AED 1,814 one-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 1 July 2026, is AED 70,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 11,600 a year.

Sales and rents for 2420 over time

Sales
Unit 2420, each saleTypical one-bed in Reva Residences
750K1M1.25M2018202120242027Typical 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, May 2019: AED 831,000 (AED 1,764 per sqft)Sold, August 2023: AED 831,000 (AED 1,764 per sqft)Sold, January 2024: AED 1,300,000 (AED 2,760 per sqft)

2420 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2420, 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, April 2024: AED 82,000 a yearNew contract, July 2025: AED 80,000 a yearNew contract, July 2025: AED 80,000 a yearNew contract, July 2026: AED 70,000 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 2420 sits

All 470 1-beds →

2420 last sold in January 2024 at AED 2,760 per sqft, 52% above what one-beds in Reva Residences were fetching at the time (AED 1,814). 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. 2420's AED 70,000 is in the lower 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

2420, Reva Residences in numbers

  • Sold 3 times: first on 23 May 2019 for AED 831,000, last on 4 January 2024 for AED 1,300,000 (AED 2,760 per sqft).
  • Rented since April 2024 on 4 Ejari contracts, from AED 82,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 11,600 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 1 July 2026.

Questions about 2420, Reva Residences

What did unit 2420 last sell for?

AED 1,300,000 on 4 January 2024: AED 2,760 per sqft for 471 sqft. The unit has 3 registered sales; the first was AED 831,000 in May 2019.

What is the rent for unit 2420?

AED 70,000 a year on the contract signed on 1 July 2026. The previous contract, from July 2025, was AED 80,000; the unit has been rented since April 2024.

How big is unit 2420?

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

What is unit 2420 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 2420, Reva Residences

Starts from the last sale price (AED 1.3M, 4 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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