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2-bed · 915 sqftReva Residences, Business Bay · 26th floor · completed 2022

2623, Reva Residences

Sold prices and rental history: sold once, by the developer in January 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2623 · DLD and Ejari recordsUpdated 8 June 2025
Last soldAED 1.76M16 January 2023
Current rentAED 125K /yr8 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2623, Reva Residences

What is 2623 worth today?

Last sold for AED 1,758,000 in 2023

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8 Jun 2025RentedRenewal
AED 125,337/yr12 months · AED 137 per sqft
8 Jun 2025RentedRenewal
AED 125,337/yr12 months · AED 137 per sqft
16 Jan 2023Sold by developerReady
AED 1,758,000AED 1,922 per sqft

Source: Dubai Land Department. Updated 8 June 2025.

Key facts

Type
2-bed apartment
Size
915 sqft
Floor
26th of 27
Parking
P1-35
Developer
DAMAC
Completed
2022
Service charge
AED 22,600 /yr
Last sold
AED 1.76M · January 2023
Building
Reva Residences

About 2623, Reva Residences

2623 is a two-bedroom apartment of 915 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 16 January 2023 for AED 1,758,000, or AED 1,922 per sqft, 27% above the AED 1,513 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 8 June 2025, is AED 125,337 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 22,600 a year.

Sales and rents for 2623 over time

Sales
Unit 2623, each saleTypical two-bed in Reva Residences
1.25M1.5M1.75M2018202120242027Typical 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, January 2023: AED 1,758,000 (AED 1,922 per sqft)

2623 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2623, 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 99,599Renewal, June 2025: AED 125,337 a yearRenewal, June 2025: AED 125,337 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 2623 sits

All 130 2-beds →

2623 last sold in January 2023 at AED 1,922 per sqft, 27% above what two-beds in Reva Residences were fetching at the time (AED 1,513). 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. 2623's AED 125,337 is in the upper 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 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

2623, Reva Residences in numbers

  • Sold once: by DAMAC on 16 January 2023 for AED 1,758,000, or AED 1,922 per sqft.
  • Rented since June 2025 on 2 Ejari contracts, at AED 125,337 a year.
  • At AED 125,337 a year the gross yield on the 2023 price is 7.1%, 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 8 June 2025.

Questions about 2623, Reva Residences

What did unit 2623 last sell for?

AED 1,758,000 on 16 January 2023, sold by the developer: AED 1,922 per sqft for 915 sqft. It is the only registered sale of the unit.

What is the rent for unit 2623?

AED 125,337 a year on the contract renewed on 8 June 2025. The previous contract, from June 2025, was AED 125,337.

How big is unit 2623?

915 sqft (85.0 sqm): a two-bedroom apartment on the 26th floor of a 27-storey tower completed in 2022.

What is unit 2623 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 2623, Reva Residences

Starts from the last sale price (AED 1.76M, 16 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,758,000
Deposit, UAE resident (20%)
AED 351,600
Deposit, non-resident (40%)
AED 703,200
Monthly over 25 years at 3.7%
AED 7,193

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