2-bed · 914 sqftReva Residences, Business Bay · 4th floor · completed 2022

416, Reva Residences

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 5 August 2026
Last soldAED 1M25 December 2023
Current rentAED 90K /yr5 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, Reva Residences

What is 416 worth today?

Last sold for AED 1,000,000 in 2023

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5 Aug 2026RentedNew contract
AED 90,000/yr12 months · AED 98 per sqft
1 Sep 2025RentedNew contract
AED 115,000/yr12 months · AED 126 per sqft
28 Dec 2024RentedNew contract
AED 120,000/yr12 months · AED 131 per sqft
28 Dec 2024RentedNew contract
AED 120,000/yr12 months · AED 131 per sqft
25 Dec 2023SoldReady
AED 1,000,000AED 1,093 per sqft
11 Nov 2019Sold by developerOff-plan
AED 1,347,000AED 1,473 per sqft

Source: Dubai Land Department. Updated 5 August 2026.

Key facts

Type
2-bed apartment
Size
914 sqft
Floor
4th of 27
Parking
P1-105
Developer
DAMAC
Completed
2022
Service charge
AED 22,600 /yr
Last sold
AED 1M · December 2023

About 416, Reva Residences

416 is a two-bedroom apartment of 914 sqft on the 4th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 25 December 2023 for AED 1,000,000, or AED 1,093 per sqft, 24% below the AED 1,444 two-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 5 August 2026, is AED 90,000 a year: a gross yield of 9.0% on the 2023 price, before the service charge of about AED 22,600 a year.

Sales and rents for 416 over time

Sales
Unit 416, each saleTypical two-bed in Reva Residences
1M1.5M2018202120242027Typical sale price by year: 2018 AED 1,300,460; 2019 AED 1,322,000; 2020 AED 1,333,500; 2021 AED 1,292,000; 2022 AED 1,380,750; 2023 AED 1,325,000; 2024 AED 1,600,000; 2025 AED 1,550,000; 2026 AED 1,492,492Sold by developer, November 2019: AED 1,347,000 (AED 1,473 per sqft)Sold, December 2023: AED 1,000,000 (AED 1,093 per sqft)

416 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 416, each contractTypical two-bed in Reva Residences
100K120K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 95,500; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 99,599New contract, December 2024: AED 120,000 a yearNew contract, December 2024: AED 120,000 a yearNew contract, September 2025: AED 115,000 a yearNew contract, August 2026: AED 90,000 a year

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

2-beds in Reva Residences, and where 416 sits

All 130 2-beds →

416 last sold in December 2023 at AED 1,093 per sqft, 24% below what two-beds in Reva Residences were fetching at the time (AED 1,444). Over the last 12 months two-beds sold for AED 1,400,000 to 1,730,000, around AED 1,710 per sqft, and rent for AED 68,250 to 145,000 a year. 416's AED 90,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Sep 20261,400,000
24 Sep 20261,484,983
30 Jul 202620,788
30 Jul 202659,133
11 2-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

416, Reva Residences in numbers

  • Sold twice: first on 11 November 2019 for AED 1,347,000, last on 25 December 2023 for AED 1,000,000 (AED 1,093 per sqft).
  • Rented since December 2024 on 4 Ejari contracts, from AED 120,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 9.0%, before a service charge of about AED 22,600 a year (AED 24.73 per sqft).
  • Two-beds in Reva Residences sold for AED 1,400,000–1,730,000 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 5 August 2026.

Questions about 416, Reva Residences

What did unit 416 last sell for?

AED 1,000,000 on 25 December 2023: AED 1,093 per sqft for 914 sqft. The unit has 2 registered sales; the first was AED 1,347,000 in November 2019.

What is the rent for unit 416?

AED 90,000 a year on the contract signed on 5 August 2026. The previous contract, from September 2025, was AED 115,000; the unit has been rented since December 2024.

How big is unit 416?

914 sqft (84.9 sqm): a two-bedroom apartment on the 4th floor of a 27-storey tower completed in 2022.

What is unit 416 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Reva Residences sold for AED 1,400,000 to 1,730,000 in the last 12 months, around AED 1,710 per sqft.

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Mortgage on 416, Reva Residences

Starts from the last sale price (AED 1M, 25 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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