1-bed · 470 sqftReva Residences, Business Bay · 5th floor · completed 2022

501, Reva Residences

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

Unit 501 · DLD and Ejari recordsUpdated 17 February 2026
Last soldAED 765K28 June 2022
Current rentAED 82K /yr17 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Reva Residences

What is 501 worth today?

Last sold for AED 764,547 in 2022

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17 Feb 2026RentedRenewal
AED 82,000/yr12 months · AED 174 per sqft
17 Feb 2025RentedNew contract
AED 82,000/yr12 months · AED 174 per sqft
17 Feb 2024RentedNew contract
AED 80,000/yr12 months · AED 169 per sqft
5 Oct 2022RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
28 Jun 2022Sold by developerReady
AED 764,547AED 1,624 per sqft

Source: Dubai Land Department. Updated 17 February 2026.

Key facts

Type
1-bed apartment
Size
470 sqft
Floor
5th of 27
Parking
B-91
Developer
DAMAC
Completed
2022
Service charge
AED 11,600 /yr
Last sold
AED 765K · June 2022

About 501, Reva Residences

501 is a one-bedroom apartment of 470 sqft on the 5th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 28 June 2022 for AED 764,547, or AED 1,624 per sqft, 11% below the AED 1,820 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 17 February 2026, is AED 82,000 a year: a gross yield of 10.7% on the 2022 price, before the service charge of about AED 11,600 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, June 2022: AED 764,547 (AED 1,624 per sqft)

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

Rents
Unit 501, 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 2022: AED 60,000 a yearNew contract, February 2024: AED 80,000 a yearNew contract, February 2025: AED 82,000 a yearRenewal, February 2026: AED 82,000 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 501 sits

All 470 1-beds →

501 last sold in June 2022 at AED 1,624 per sqft, 11% below what one-beds in Reva Residences were fetching at the time (AED 1,820). 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. 501's AED 82,000 is in the upper 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 5th floor

All 600 units in Reva Residences
Value
5021-bedAED 1.02M · Jul 2025
5032-bedAED 1.27M · Nov 2019
5042-bedAED 1.29M · Nov 2019
5051-bedAED 863K · Jul 2022
5061-bedAED 1.1M · Feb 2025
5071-bedAED 794K · Jan 2020
5081-bedAED 1.01M · Mar 2024
1–7 of 22

501, Reva Residences in numbers

  • Sold once: by DAMAC on 28 June 2022 for AED 764,547, or AED 1,624 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 60,000 to AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2022 price is 10.7%, before a service charge of about AED 11,600 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 17 February 2026.

Questions about 501, Reva Residences

What did unit 501 last sell for?

AED 764,547 on 28 June 2022, sold by the developer: AED 1,624 per sqft for 470 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 82,000 a year on the contract renewed on 17 February 2026. The previous contract, from February 2025, was AED 82,000; the unit has been rented since October 2022.

How big is unit 501?

470 sqft (43.7 sqm): a one-bedroom apartment on the 5th floor of a 27-storey tower completed in 2022.

What is unit 501 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 501, Reva Residences

Starts from the last sale price (AED 765K, 28 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 764,547
Deposit, UAE resident (20%)
AED 152,909
Deposit, non-resident (40%)
AED 305,819
Monthly over 25 years at 3.7%
AED 3,128

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