2-bed · 911 sqftReva Residences, Business Bay · 27th floor · completed 2022

2705, Reva Residences

Sold prices and rental history: sold once, by the developer in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2705 · DLD and Ejari recordsUpdated 21 March 2022
Last soldAED 1.52M21 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2705, Reva Residences

What is 2705 worth today?

Last sold for AED 1,516,000 in 2022

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21 Mar 2022Sold by developerOff-plan
AED 1,516,000AED 1,664 per sqft

Source: Dubai Land Department. Updated 21 March 2022.

Key facts

Type
2-bed apartment
Size
911 sqft
Floor
27th of 27
Parking
nan
Developer
DAMAC
Completed
2022
Service charge
AED 22,500 /yr
Last sold
AED 1.52M · March 2022

About 2705, Reva Residences

2705 is a two-bedroom apartment of 911 sqft on the 27th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 21 March 2022 for AED 1,516,000, or AED 1,664 per sqft, 13% above the AED 1,474 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2705 over time

Sales
Unit 2705, 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 2022: AED 1,516,000 (AED 1,664 per sqft)

2705 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2705, 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 2705 sits

All 130 2-beds →

2705 last sold in March 2022 at AED 1,664 per sqft, 13% above what two-beds in Reva Residences were fetching at the time (AED 1,474). 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 27th floor

All 600 units in Reva Residences
Value
27011-bedAED 916K · Sep 2026
27021-bedAED 869K · Mar 2022
27031-bedAED 900K · Dec 2023
27041-bedAED 1.15M · Nov 2024

2705, Reva Residences in numbers

  • Sold once: by DAMAC on 21 March 2022 for AED 1,516,000, or AED 1,664 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 21 March 2022.

Questions about 2705, Reva Residences

What did unit 2705 last sell for?

AED 1,516,000 on 21 March 2022, sold by the developer: AED 1,664 per sqft for 911 sqft. It is the only registered sale of the unit.

How big is unit 2705?

911 sqft (84.6 sqm): a two-bedroom apartment on the 27th floor of a 27-storey tower completed in 2022.

What is unit 2705 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 2705, Reva Residences

Starts from the last sale price (AED 1.52M, 21 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,516,000
Deposit, UAE resident (20%)
AED 303,200
Deposit, non-resident (40%)
AED 606,400
Monthly over 25 years at 3.7%
AED 6,202

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