
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.
Property timeline for 408, Reva Residences
What is 408 worth today?
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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
- Building
- Reva Residences
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
408 has sold once; the dashed line is the one-bed median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 471 sqft | 1,000,000 | 2,123 | ||
| 5 Oct 20265 October 2026 | 473 sqft | 850,000 | 1,796 | ||
| 2 Oct 20262 October 2026 | 472 sqft | 950,000 | 2,012 | ||
| 23 Sep 202623 September 2026 | 471 sqft | 900,000 | 1,911 |
Reva Residences
Building600 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%
Other units on the 4th floor
All 600 units in Reva Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 470 sqft | AED 850KAED 850,000 · Jul 2023July 2023 | 65,000 /yr | |
| 402 | 1-bed | 471 sqft | AED 776KAED 776,000 · Oct 2019October 2019 | 55,000 /yr | |
| 403 | 2-bed | 900 sqft | AED 1.27MAED 1,267,000 · May 2019May 2019 | 68,250 /yr | |
| 404 | 2-bed | 905 sqft | AED 1.27MAED 1,274,000 · Oct 2019October 2019 | 85,000 /yr | |
| 405 | 1-bed | 472 sqft | AED 900KAED 900,000 · Jul 2024July 2024 | 80,000 /yr | |
| 406 | 1-bed | 470 sqft | AED 815KAED 815,000 · May 2019May 2019 | 70,000 /yr | |
| 407 | 1-bed | 463 sqft | AED 779KAED 779,000 · May 2019May 2019 | 70,000 /yr | |
| 409 | 1-bed | 471 sqft | AED 842KAED 842,100 · Jun 2022June 2022 | ||
| 410 | 1-bed | 471 sqft | AED 842KAED 842,100 · May 2022May 2022 | ||
| 411 | 2-bed | 914 sqft | AED 1.31MAED 1,306,000 · Sep 2019September 2019 | 110,000 /yr | |
| 412 | 1-bed | 471 sqft | AED 910KAED 910,000 · Jul 2024July 2024 | ||
| 413 | 1-bed | 471 sqft | AED 948KAED 948,000 · Aug 2022August 2022 | 60,000 /yr | |
| 414 | 1-bed | 466 sqft | AED 1MAED 1,000,000 · Nov 2025November 2025 | 81,000 /yr | |
| 415 | 1-bed | 466 sqft | AED 800KAED 800,000 · Apr 2019April 2019 | 67,000 /yr | |
| 416 | 2-bed | 914 sqft | AED 1MAED 1,000,000 · Dec 2023December 2023 | 90,000 /yr | |
| 417 | 1-bed | 466 sqft | AED 768KAED 768,000 · Sep 2019September 2019 | ||
| 418 | 1-bed | 236 sqft | AED 345KAED 345,000 · Dec 2022December 2022 | ||
| 419 | 1-bed | 463 sqft | AED 765KAED 765,000 · Mar 2019March 2019 | 75,000 /yr | |
| 420 | 1-bed | 471 sqft | AED 778KAED 778,000 · Apr 2019April 2019 | 59,834 /yr | |
| 421 | 1-bed | 471 sqft | AED 778KAED 778,000 · Mar 2019March 2019 | 62,000 /yr | |
| 422 | 1-bed | 471 sqft | AED 1MAED 1,000,000 · May 2025May 2025 | 65,000 /yr | |
| 423 | 2-bed | 915 sqft | AED 1.28MAED 1,279,000 · May 2019May 2019 | 90,000 /yr |
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 →