1-bed · 471 sqftReva Residences, Business Bay · 5th floor · completed 2022

502, Reva Residences

Sold prices and rental history: sold 3 times, last in July 2025, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 20 October 2025
Last soldAED 1.02M22 July 2025
Current rentAED 78K /yr20 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Reva Residences

What is 502 worth today?

Last sold for AED 1,020,000 in 2025

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20 Oct 2025RentedNew contract
AED 78,000/yr12 months · AED 165 per sqft
22 Jul 2025SoldReady
AED 1,020,000AED 2,166 per sqft
15 May 2023SoldReady
AED 850,000AED 1,805 per sqft
10 Sep 2019Sold by developerOff-plan
AED 778,000AED 1,652 per sqft

Source: Dubai Land Department. Updated 20 October 2025.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
5th of 27
Parking
B-92
Developer
DAMAC
Completed
2022
Service charge
AED 11,600 /yr
Last sold
AED 1.02M · July 2025

About 502, Reva Residences

502 is a one-bedroom apartment of 471 sqft on the 5th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 22 July 2025 for AED 1,020,000, or AED 2,166 per sqft, in line with the AED 2,126 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 October 2025. The current contract, signed on 20 October 2025, is AED 78,000 a year: a gross yield of 7.6% on the 2025 price, before the service charge of about AED 11,600 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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, September 2019: AED 778,000 (AED 1,652 per sqft)Sold, May 2023: AED 850,000 (AED 1,805 per sqft)Sold, July 2025: AED 1,020,000 (AED 2,166 per sqft)

502 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 502, each contractTypical one-bed in Reva Residences
70K80K202220242026Typical 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 2025: AED 78,000 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 502 sits

All 470 1-beds →

502 last sold in July 2025 at AED 2,166 per sqft, in line with what one-beds in Reva Residences were fetching at the time (AED 2,126). 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. 502's AED 78,000 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
5011-bedAED 765K · Jun 2022
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

502, Reva Residences in numbers

  • Sold 3 times: first on 10 September 2019 for AED 778,000, last on 22 July 2025 for AED 1,020,000 (AED 2,166 per sqft).
  • Rented since October 2025 on one Ejari contract, at AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2025 price is 7.6%, 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 20 October 2025.

Questions about 502, Reva Residences

What did unit 502 last sell for?

AED 1,020,000 on 22 July 2025: AED 2,166 per sqft for 471 sqft. The unit has 3 registered sales; the first was AED 778,000 in September 2019.

What is the rent for unit 502?

AED 78,000 a year on the contract signed on 20 October 2025.

How big is unit 502?

471 sqft (43.8 sqm): a one-bedroom apartment on the 5th floor of a 27-storey tower completed in 2022.

What is unit 502 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 502, Reva Residences

Starts from the last sale price (AED 1.02M, 22 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

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