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2-bed · 915 sqftReva Residences, Business Bay · 4th floor · completed 2022

423, Reva Residences

Sold prices and rental history: sold once, by the developer in May 2019, and rented once, from May 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 423 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 1.28M12 May 2019
Current rentAED 90K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 423, Reva Residences

What is 423 worth today?

Last sold for AED 1,279,000 in 2019

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1 May 2026RentedNew contract
AED 90,000/yr12 months · AED 98 per sqft
12 May 2019Sold by developerOff-plan
AED 1,279,000AED 1,398 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
2-bed apartment
Size
915 sqft
Floor
4th of 27
Parking
P1-106
Developer
DAMAC
Completed
2022
Service charge
AED 22,600 /yr
Last sold
AED 1.28M · May 2019
Building
Reva Residences

About 423, Reva Residences

423 is a two-bedroom apartment of 915 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 12 May 2019 for AED 1,279,000, or AED 1,398 per sqft, in line with the AED 1,428 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2026. The current contract, signed on 1 May 2026, is AED 90,000 a year: a gross yield of 7.0% on the 2019 price, before the service charge of about AED 22,600 a year.

Sales and rents for 423 over time

Sales
Unit 423, each saleTypical two-bed in Reva Residences
1.4M1.6M2018202120242027Typical 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, May 2019: AED 1,279,000 (AED 1,398 per sqft)

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

Rents
Unit 423, each contractTypical two-bed in Reva Residences
90K100K110K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 95,500; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 99,599New contract, May 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 423 sits

All 130 2-beds →

423 last sold in May 2019 at AED 1,398 per sqft, in line with what two-beds in Reva Residences were fetching at the time (AED 1,428). 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. 423'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

423, Reva Residences in numbers

  • Sold once: by DAMAC on 12 May 2019 for AED 1,279,000, or AED 1,398 per sqft.
  • Rented since May 2026 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2019 price is 7.0%, 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 1 May 2026.

Questions about 423, Reva Residences

What did unit 423 last sell for?

AED 1,279,000 on 12 May 2019, sold by the developer: AED 1,398 per sqft for 915 sqft. It is the only registered sale of the unit.

What is the rent for unit 423?

AED 90,000 a year on the contract signed on 1 May 2026.

How big is unit 423?

915 sqft (85.0 sqm): a two-bedroom apartment on the 4th floor of a 27-storey tower completed in 2022.

What is unit 423 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 423, Reva Residences

Starts from the last sale price (AED 1.28M, 12 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,279,000
Deposit, UAE resident (20%)
AED 255,800
Deposit, non-resident (40%)
AED 511,600
Monthly over 25 years at 3.7%
AED 5,233

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