1-bed · 463 sqftReva Residences, Business Bay · 4th floor · completed 2022

407, Reva Residences

Sold prices and rental history: sold once, by the developer in May 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 2 October 2025
Last soldAED 779K20 May 2019
Current rentAED 70K /yr2 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Reva Residences

What is 407 worth today?

Last sold for AED 779,000 in 2019

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2 Oct 2025RentedNew contract
AED 70,000/yr12 months · AED 148 per sqft
1 Sep 2024RentedRenewal
AED 68,145/yr12 months · AED 145 per sqft
1 Sep 2023RentedNew contract
AED 61,950/yr12 months · AED 131 per sqft
1 Sep 2022RentedNew contract
AED 59,000/yr12 months · AED 125 per sqft
20 May 2019Sold by developerOff-plan
AED 779,000AED 1,681 per sqft

Source: Dubai Land Department. Updated 2 October 2025.

Key facts

Type
1-bed apartment
Size
463 sqft
Floor
4th of 27
Parking
B-77
Developer
DAMAC
Completed
2022
Service charge
AED 11,500 /yr
Last sold
AED 779K · May 2019

About 407, Reva Residences

407 is a one-bedroom apartment of 463 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 20 May 2019 for AED 779,000, or AED 1,681 per sqft, in line with the AED 1,722 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 2 October 2025, is AED 70,000 a year: a gross yield of 9.0% on the 2019 price, before the service charge of about AED 11,500 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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 2019: AED 779,000 (AED 1,681 per sqft)

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

Rents
Unit 407, 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, September 2022: AED 59,000 a yearNew contract, September 2023: AED 61,950 a yearRenewal, September 2024: AED 68,145 a yearNew contract, October 2025: 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 407 sits

All 470 1-beds →

407 last sold in May 2019 at AED 1,681 per sqft, in line with what one-beds in Reva Residences were fetching at the time (AED 1,722). 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. 407'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
4061-bedAED 815K · May 2019
4081-bedAED 951K · Aug 2022
1–7 of 22

407, Reva Residences in numbers

  • Sold once: by DAMAC on 20 May 2019 for AED 779,000, or AED 1,681 per sqft.
  • Rented since September 2022 on 4 Ejari contracts, from AED 59,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2019 price is 9.0%, before a service charge of about AED 11,500 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 2 October 2025.

Questions about 407, Reva Residences

What did unit 407 last sell for?

AED 779,000 on 20 May 2019, sold by the developer: AED 1,681 per sqft for 463 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 70,000 a year on the contract signed on 2 October 2025. The previous contract, from September 2024, was AED 68,145; the unit has been rented since September 2022.

How big is unit 407?

463 sqft (43.0 sqm): a one-bedroom apartment on the 4th floor of a 27-storey tower completed in 2022.

What is unit 407 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 407, Reva Residences

Starts from the last sale price (AED 779K, 20 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 779,000
Deposit, UAE resident (20%)
AED 155,800
Deposit, non-resident (40%)
AED 311,600
Monthly over 25 years at 3.7%
AED 3,187

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