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2-bed · 900 sqftReva Residences, Business Bay · 5th floor · completed 2022

503, Reva Residences

Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 6 September 2025
Last soldAED 1.27M7 November 2019
Current rentAED 105K /yr6 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, Reva Residences

What is 503 worth today?

Last sold for AED 1,269,000 in 2019

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6 Sep 2025RentedNew contract
AED 105,000/yr12 months · AED 116 per sqft
1 May 2024RentedRenewal
AED 100,000/yr12 months · AED 111 per sqft
1 May 2023RentedNew contract
AED 90,000/yr12 months · AED 100 per sqft
7 Nov 2019Sold by developerOff-plan
AED 1,269,000AED 1,409 per sqft

Source: Dubai Land Department. Updated 6 September 2025.

Key facts

Type
2-bed apartment
Size
900 sqft
Floor
5th of 27
Parking
P1-107
Developer
DAMAC
Completed
2022
Service charge
AED 22,300 /yr
Last sold
AED 1.27M · November 2019
Building
Reva Residences

About 503, Reva Residences

503 is a two-bedroom apartment of 900 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 7 November 2019 for AED 1,269,000, or AED 1,409 per sqft, in line with the AED 1,444 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 6 September 2025, is AED 105,000 a year: a gross yield of 8.3% on the 2019 price, before the service charge of about AED 22,300 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, November 2019: AED 1,269,000 (AED 1,409 per sqft)

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

Rents
Unit 503, 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 2023: AED 90,000 a yearRenewal, May 2024: AED 100,000 a yearNew contract, September 2025: AED 105,000 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 503 sits

All 130 2-beds →

503 last sold in November 2019 at AED 1,409 per sqft, in line with 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. 503's AED 105,000 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 5th floor

All 600 units in Reva Residences
Value
5011-bedAED 765K · Jun 2022
5021-bedAED 1.02M · Jul 2025
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

503, Reva Residences in numbers

  • Sold once: by DAMAC on 7 November 2019 for AED 1,269,000, or AED 1,409 per sqft.
  • Rented since May 2023 on 3 Ejari contracts, from AED 90,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2019 price is 8.3%, before a service charge of about AED 22,300 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 6 September 2025.

Questions about 503, Reva Residences

What did unit 503 last sell for?

AED 1,269,000 on 7 November 2019, sold by the developer: AED 1,409 per sqft for 900 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 105,000 a year on the contract signed on 6 September 2025. The previous contract, from May 2024, was AED 100,000; the unit has been rented since May 2023.

How big is unit 503?

900 sqft (83.6 sqm): a two-bedroom apartment on the 5th floor of a 27-storey tower completed in 2022.

What is unit 503 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 503, Reva Residences

Starts from the last sale price (AED 1.27M, 7 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,269,000
Deposit, UAE resident (20%)
AED 253,800
Deposit, non-resident (40%)
AED 507,600
Monthly over 25 years at 3.7%
AED 5,192

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