2-bed · 453 sqftReva Residences, Business Bay · 26th floor · completed 2022

2603, Reva Residences

Sold prices and rental history: sold once, by the developer in March 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 17 March 2020
Last soldAED 1.41M17 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2603, Reva Residences

What is 2603 worth today?

Last sold for AED 1,413,065 in 2020

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17 Mar 2020Sold by developerOff-plan
AED 1,413,065AED 1,561 per sqft

Source: Dubai Land Department. Updated 17 March 2020.

Key facts

Type
2-bed apartment
Size
453 sqft
Floor
26th of 27
Parking
P1-31
Developer
DAMAC
Completed
2022
Service charge
AED 11,200 /yr
Last sold
AED 1.41M · March 2020

About 2603, Reva Residences

2603 is a two-bedroom apartment of 453 sqft on the 26th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 17 March 2020 for AED 1,413,065, or AED 1,561 per sqft, 7% above the AED 1,454 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2603 over time

Sales
Unit 2603, 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, March 2020: AED 1,413,065 (AED 1,561 per sqft)

2603 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2603, each contractTypical two-bed in Reva Residences
90K100K110K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 95,500; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 99,599

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 2603 sits

All 130 2-beds →

2603 last sold in March 2020 at AED 1,561 per sqft, 7% above what two-beds in Reva Residences were fetching at the time (AED 1,454). 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.

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 26th floor

All 600 units in Reva Residences
Value
26011-bedAED 1M · Jun 2024
26021-bedAED 1.03M · Jul 2024
26042-bedAED 1.8M · Mar 2025
26051-bedAED 1.1M · Oct 2024
26061-bedAED 942K · May 2022
26071-bedAED 940K · Jun 2022
26081-bedAED 917K · Oct 2024
1–7 of 22

2603, Reva Residences in numbers

  • Sold once: by DAMAC on 17 March 2020 for AED 1,413,065, or AED 1,561 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 17 March 2020.

Questions about 2603, Reva Residences

What did unit 2603 last sell for?

AED 1,413,065 on 17 March 2020, sold by the developer: AED 1,561 per sqft for 453 sqft. It is the only registered sale of the unit.

How big is unit 2603?

453 sqft (42.1 sqm): a two-bedroom apartment on the 26th floor of a 27-storey tower completed in 2022.

What is unit 2603 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 2603, Reva Residences

Starts from the last sale price (AED 1.41M, 17 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,413,065
Deposit, UAE resident (20%)
AED 282,613
Deposit, non-resident (40%)
AED 565,226
Monthly over 25 years at 3.7%
AED 5,781

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