1-bed · 470 sqftReva Residences, Business Bay · 3rd floor · completed 2022

301, Reva Residences

Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 11 March 2025
Last soldAED 774K2 May 2018
Current rentAED 66K /yr11 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Reva Residences

What is 301 worth today?

Last sold for AED 774,000 in 2018

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11 Mar 2025RentedRenewal
AED 65,823/yr12 months · AED 139 per sqft
11 Mar 2025RentedRenewal
AED 65,823/yr12 months · AED 139 per sqft
12 Mar 2024RentedRenewal
AED 61,684/yr12 months · AED 130 per sqft
11 Mar 2023RentedNew contract
AED 59,839/yr12 months · AED 126 per sqft
2 May 2018Sold by developerOff-plan
AED 774,000AED 1,645 per sqft

Source: Dubai Land Department. Updated 11 March 2025.

Key facts

Type
1-bed apartment
Size
470 sqft
Floor
3rd of 27
Parking
B-55
Developer
DAMAC
Completed
2022
Service charge
AED 11,600 /yr
Last sold
AED 774K · May 2018

About 301, Reva Residences

301 is a one-bedroom apartment of 470 sqft on the 3rd floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 2 May 2018 for AED 774,000, or AED 1,645 per sqft, in line with the AED 1,692 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 11 March 2025, is AED 65,823 a year: a gross yield of 8.5% on the 2018 price, before the service charge of about AED 11,600 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical one-bed in Reva Residences
800K1M2018202120242027Typical sale price by year: 2018 AED 800,000; 2019 AED 813,000; 2020 AED 860,000; 2021 AED 792,000; 2022 AED 851,620; 2023 AED 850,000; 2024 AED 1,000,000; 2025 AED 1,000,000; 2026 AED 950,000Sold by developer, May 2018: AED 774,000 (AED 1,645 per sqft)

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

Rents
Unit 301, each contractTypical one-bed in Reva Residences
60K70K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 70,000New contract, March 2023: AED 59,839 a yearRenewal, March 2024: AED 61,684 a yearRenewal, March 2025: AED 65,823 a yearRenewal, March 2025: AED 65,823 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Reva Residences, and where 301 sits

All 470 1-beds →

301 last sold in May 2018 at AED 1,645 per sqft, in line with what one-beds in Reva Residences were fetching at the time (AED 1,692). Over the last 12 months one-beds sold for AED 480,000 to 1,150,000, around AED 2,080 per sqft, and rent for AED 35,000 to 115,500 a year. 301's AED 65,823 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,000,000
5 Oct 2026850,000
2 Oct 2026950,000
23 Sep 2026900,000
28 1-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 3rd floor

All 600 units in Reva Residences
Value
3021-bedAED 774K · Apr 2018
3032-bedAED 1.25M · Oct 2018
3042-bedAED 1.48M · Sep 2026
3051-bedAED 803K · May 2018
3061-bedAED 911K · Jul 2022
3071-bedAED 550K · Oct 2021
3081-bedAED 950K · Mar 2024
1–7 of 22

301, Reva Residences in numbers

  • Sold once: by DAMAC on 2 May 2018 for AED 774,000, or AED 1,645 per sqft.
  • Rented since March 2023 on 4 Ejari contracts, from AED 59,839 to AED 65,823 a year.
  • At AED 65,823 a year the gross yield on the 2018 price is 8.5%, before a service charge of about AED 11,600 a year (AED 24.73 per sqft).
  • One-beds in Reva Residences sold for AED 480,000–1,150,000 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 11 March 2025.

Questions about 301, Reva Residences

What did unit 301 last sell for?

AED 774,000 on 2 May 2018, sold by the developer: AED 1,645 per sqft for 470 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 65,823 a year on the contract renewed on 11 March 2025. The previous contract, from March 2025, was AED 65,823; the unit has been rented since March 2023.

How big is unit 301?

470 sqft (43.7 sqm): a one-bedroom apartment on the 3rd floor of a 27-storey tower completed in 2022.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Reva Residences sold for AED 480,000 to 1,150,000 in the last 12 months, around AED 2,080 per sqft.

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Mortgage on 301, Reva Residences

Starts from the last sale price (AED 774K, 2 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 774,000
Deposit, UAE resident (20%)
AED 154,800
Deposit, non-resident (40%)
AED 309,600
Monthly over 25 years at 3.7%
AED 3,167

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