2-bed · 459 sqftReva Residences, Business Bay · 26th floor · completed 2022

2616, Reva Residences

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

Unit 2616 · DLD and Ejari recordsUpdated 24 June 2020
Last soldAED 1.47M24 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2616, Reva Residences

What is 2616 worth today?

Last sold for AED 1,470,000 in 2020

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24 Jun 2020Sold by developerOff-plan
AED 1,470,000AED 1,618 per sqft

Source: Dubai Land Department. Updated 24 June 2020.

Key facts

Type
2-bed apartment
Size
459 sqft
Floor
26th of 27
Parking
P1-34
Developer
DAMAC
Completed
2022
Service charge
AED 11,300 /yr
Last sold
AED 1.47M · June 2020

About 2616, Reva Residences

2616 is a two-bedroom apartment of 459 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 24 June 2020 for AED 1,470,000, or AED 1,618 per sqft, 11% above the AED 1,461 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2616 over time

Sales
Unit 2616, 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, June 2020: AED 1,470,000 (AED 1,618 per sqft)

2616 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2616, 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 2616 sits

All 130 2-beds →

2616 last sold in June 2020 at AED 1,618 per sqft, 11% above what two-beds in Reva Residences were fetching at the time (AED 1,461). 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
26032-bedAED 1.41M · Mar 2020
26042-bedAED 1.8M · Mar 2025
26051-bedAED 1.1M · Oct 2024
26061-bedAED 942K · May 2022
26071-bedAED 940K · Jun 2022
1–7 of 22

2616, Reva Residences in numbers

  • Sold once: by DAMAC on 24 June 2020 for AED 1,470,000, or AED 1,618 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 24 June 2020.

Questions about 2616, Reva Residences

What did unit 2616 last sell for?

AED 1,470,000 on 24 June 2020, sold by the developer: AED 1,618 per sqft for 459 sqft. It is the only registered sale of the unit.

How big is unit 2616?

459 sqft (42.6 sqm): a two-bedroom apartment on the 26th floor of a 27-storey tower completed in 2022.

What is unit 2616 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 2616, Reva Residences

Starts from the last sale price (AED 1.47M, 24 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,470,000
Deposit, UAE resident (20%)
AED 294,000
Deposit, non-resident (40%)
AED 588,000
Monthly over 25 years at 3.7%
AED 6,014

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