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2-bed · 915 sqftReva Residences, Business Bay · 24th floor · completed 2022

2423, Reva Residences

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

Unit 2423 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 2.1M13 June 2024
Current rentAED 95K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2423, Reva Residences

What is 2423 worth today?

Last sold for AED 2,100,000 in 2024

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1 Aug 2026RentedNew contract
AED 95,000/yr12 months · AED 104 per sqft
10 Sep 2024RentedNew contract
AED 130,000/yr12 months · AED 142 per sqft
13 Jun 2024SoldReady
AED 2,100,000AED 2,296 per sqft
8 Jun 2021Sold by developerOff-plan
AED 1,364,000AED 1,491 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
2-bed apartment
Size
915 sqft
Floor
24th of 27
Parking
P1-25
Developer
DAMAC
Completed
2022
Service charge
AED 22,600 /yr
Last sold
AED 2.1M · June 2024
Building
Reva Residences

About 2423, Reva Residences

2423 is a two-bedroom apartment of 915 sqft on the 24th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 13 June 2024 for AED 2,100,000, or AED 2,296 per sqft, 50% above the AED 1,530 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 August 2026, is AED 95,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 22,600 a year.

Sales and rents for 2423 over time

Sales
Unit 2423, each saleTypical two-bed in Reva Residences
1.5M2M2018202120242027Typical 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, June 2021: AED 1,364,000 (AED 1,491 per sqft)Sold, June 2024: AED 2,100,000 (AED 2,296 per sqft)

2423 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2423, 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, September 2024: AED 130,000 a yearNew contract, August 2026: AED 95,000 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 2423 sits

All 130 2-beds →

2423 last sold in June 2024 at AED 2,296 per sqft, 50% above what two-beds in Reva Residences were fetching at the time (AED 1,530). 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. 2423's AED 95,000 is in the lower 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
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

2423, Reva Residences in numbers

  • Sold twice: first on 8 June 2021 for AED 1,364,000, last on 13 June 2024 for AED 2,100,000 (AED 2,296 per sqft).
  • Rented since September 2024 on 2 Ejari contracts, from AED 130,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2024 price is 4.5%, 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 1 August 2026.

Questions about 2423, Reva Residences

What did unit 2423 last sell for?

AED 2,100,000 on 13 June 2024: AED 2,296 per sqft for 915 sqft. The unit has 2 registered sales; the first was AED 1,364,000 in June 2021.

What is the rent for unit 2423?

AED 95,000 a year on the contract signed on 1 August 2026. The previous contract, from September 2024, was AED 130,000.

How big is unit 2423?

915 sqft (85.0 sqm): a two-bedroom apartment on the 24th floor of a 27-storey tower completed in 2022.

What is unit 2423 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 2423, Reva Residences

Starts from the last sale price (AED 2.1M, 13 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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