1-bed · 470 sqftReva Residences, Business Bay · 4th floor · completed 2022

406, Reva Residences

Sold prices and rental history: sold once, by the developer in May 2019, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 26 March 2026
Last soldAED 815K21 May 2019
Current rentAED 70K /yr26 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Reva Residences

What is 406 worth today?

Last sold for AED 815,000 in 2019

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26 Mar 2026RentedRenewal
AED 70,000/yr12 months · AED 149 per sqft
26 Sep 2025RentedRenewal
AED 70,000/yr6 months · AED 149 per sqft
26 Mar 2025RentedRenewal
AED 70,000/yr6 months · AED 149 per sqft
26 Mar 2025RentedRenewal
AED 70,000/yr6 months · AED 149 per sqft
26 Mar 2024RentedNew contract
AED 65,000/yr12 months · AED 138 per sqft
13 Jan 2023RentedNew contract
AED 65,000/yr12 months · AED 137 per sqft
21 May 2019Sold by developerOff-plan
AED 815,000AED 1,735 per sqft

Source: Dubai Land Department. Updated 26 March 2026.

Key facts

Type
1-bed apartment
Size
470 sqft
Floor
4th of 27
Parking
B-76
Developer
DAMAC
Completed
2022
Service charge
AED 11,600 /yr
Last sold
AED 815K · May 2019

About 406, Reva Residences

406 is a one-bedroom apartment of 470 sqft on the 4th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 21 May 2019 for AED 815,000, or AED 1,735 per sqft, in line with the AED 1,723 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 6 Ejari contracts. The current contract, renewed on 26 March 2026, is AED 70,000 a year: a gross yield of 8.6% on the 2019 price, before the service charge of about AED 11,600 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Reva Residences
800K900K1M2018202120242027Typical 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 2019: AED 815,000 (AED 1,735 per sqft)

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

Rents
Unit 406, each contractTypical one-bed in Reva Residences
65K70K75K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 70,000New contract, January 2023: AED 65,000 a yearNew contract, March 2024: AED 65,000 a yearRenewal, March 2025: AED 70,000 a yearRenewal, March 2025: AED 70,000 a yearRenewal, September 2025: AED 70,000 a yearRenewal, March 2026: AED 70,000 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 406 sits

All 470 1-beds →

406 last sold in May 2019 at AED 1,735 per sqft, in line with what one-beds in Reva Residences were fetching at the time (AED 1,723). 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. 406's AED 70,000 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 4th floor

All 600 units in Reva Residences
Value
4011-bedAED 850K · Jul 2023
4021-bedAED 776K · Oct 2019
4032-bedAED 1.27M · May 2019
4042-bedAED 1.27M · Oct 2019
4051-bedAED 900K · Jul 2024
4071-bedAED 779K · May 2019
4081-bedAED 951K · Aug 2022
1–7 of 22

406, Reva Residences in numbers

  • Sold once: by DAMAC on 21 May 2019 for AED 815,000, or AED 1,735 per sqft.
  • Rented since January 2023 on 6 Ejari contracts, from AED 65,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2019 price is 8.6%, 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 26 March 2026.

Questions about 406, Reva Residences

What did unit 406 last sell for?

AED 815,000 on 21 May 2019, sold by the developer: AED 1,735 per sqft for 470 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 70,000 a year on the contract renewed on 26 March 2026. The previous contract, from September 2025, was AED 70,000; the unit has been rented since January 2023.

How big is unit 406?

470 sqft (43.7 sqm): a one-bedroom apartment on the 4th floor of a 27-storey tower completed in 2022.

What is unit 406 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 406, Reva Residences

Starts from the last sale price (AED 815K, 21 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 815,000
Deposit, UAE resident (20%)
AED 163,000
Deposit, non-resident (40%)
AED 326,000
Monthly over 25 years at 3.7%
AED 3,334

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