1-bed · 471 sqftReva Residences, Business Bay · 4th floor · completed 2022

408, Reva Residences

Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 951K4 August 2022
Current rentAED 60K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Reva Residences

What is 408 worth today?

Last sold for AED 951,000 in 2022

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1 Oct 2026RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
20 Sep 2025RentedNew contract
AED 80,000/yr12 months · AED 169 per sqft
1 Oct 2024RentedNew contract
AED 75,000/yr12 months · AED 158 per sqft
4 Aug 2022Sold by developerReady
AED 951,000AED 2,017 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
4th of 27
Parking
B-78
Developer
DAMAC
Completed
2022
Service charge
AED 11,700 /yr
Last sold
AED 951K · August 2022

About 408, Reva Residences

408 is a one-bedroom apartment of 471 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 4 August 2022 for AED 951,000, or AED 2,017 per sqft, 12% above the AED 1,807 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 1 October 2026, is AED 60,000 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 11,700 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, August 2022: AED 951,000 (AED 2,017 per sqft)

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

Rents
Unit 408, each contractTypical one-bed in Reva Residences
60K70K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 70,000New contract, October 2024: AED 75,000 a yearNew contract, September 2025: AED 80,000 a yearNew contract, October 2026: AED 60,000 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 408 sits

All 470 1-beds →

408 last sold in August 2022 at AED 2,017 per sqft, 12% above what one-beds in Reva Residences were fetching at the time (AED 1,807). 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. 408's AED 60,000 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
4071-bedAED 779K · May 2019
1–7 of 22

408, Reva Residences in numbers

  • Sold once: by DAMAC on 4 August 2022 for AED 951,000, or AED 2,017 per sqft.
  • Rented since October 2024 on 3 Ejari contracts, from AED 75,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 6.3%, before a service charge of about AED 11,700 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 1 October 2026.

Questions about 408, Reva Residences

What did unit 408 last sell for?

AED 951,000 on 4 August 2022, sold by the developer: AED 2,017 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 60,000 a year on the contract signed on 1 October 2026. The previous contract, from September 2025, was AED 80,000; the unit has been rented since October 2024.

How big is unit 408?

471 sqft (43.8 sqm): a one-bedroom apartment on the 4th floor of a 27-storey tower completed in 2022.

What is unit 408 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 408, Reva Residences

Starts from the last sale price (AED 951K, 4 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 951,000
Deposit, UAE resident (20%)
AED 190,200
Deposit, non-resident (40%)
AED 380,400
Monthly over 25 years at 3.7%
AED 3,891

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