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1-bed · 473 sqftReva Residences, Business Bay · 5th floor · completed 2022

505, Reva Residences

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

Unit 505 · DLD and Ejari recordsUpdated 26 November 2025
Last soldAED 863K1 July 2022
Current rentAED 90K /yr26 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 505, Reva Residences

What is 505 worth today?

Last sold for AED 863,100 in 2022

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26 Nov 2025RentedNew contract
AED 90,000/yr12 months · AED 190 per sqft
28 May 2024RentedNew contract
AED 83,000/yr12 months · AED 175 per sqft
23 Nov 2022RentedNew contract
AED 81,000/yr12 months · AED 171 per sqft
1 Jul 2022Sold by developerReady
AED 863,100AED 1,824 per sqft

Source: Dubai Land Department. Updated 26 November 2025.

Key facts

Type
1-bed apartment
Size
473 sqft
Floor
5th of 27
Parking
B-93
Developer
DAMAC
Completed
2022
Service charge
AED 11,700 /yr
Last sold
AED 863K · July 2022
Building
Reva Residences

About 505, Reva Residences

505 is a one-bedroom apartment of 473 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 1 July 2022 for AED 863,100, or AED 1,824 per sqft, in line with the AED 1,823 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 26 November 2025, is AED 90,000 a year: a gross yield of 10.4% on the 2022 price, before the service charge of about AED 11,700 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Reva Residences
800K900K1M2018202120242027Typical 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, July 2022: AED 863,100 (AED 1,824 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Reva Residences
80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 70,000New contract, November 2022: AED 81,000 a yearNew contract, May 2024: AED 83,000 a yearNew contract, November 2025: AED 90,000 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 505 sits

All 470 1-beds →

505 last sold in July 2022 at AED 1,824 per sqft, in line with what one-beds in Reva Residences were fetching at the time (AED 1,823). 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. 505's AED 90,000 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
5021-bedAED 1.02M · Jul 2025
5032-bedAED 1.27M · Nov 2019
5042-bedAED 1.29M · Nov 2019
5061-bedAED 1.1M · Feb 2025
5071-bedAED 794K · Jan 2020
5081-bedAED 1.01M · Mar 2024
1–7 of 22

505, Reva Residences in numbers

  • Sold once: by DAMAC on 1 July 2022 for AED 863,100, or AED 1,824 per sqft.
  • Rented since November 2022 on 3 Ejari contracts, from AED 81,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 10.4%, before a service charge of about AED 11,700 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 26 November 2025.

Questions about 505, Reva Residences

What did unit 505 last sell for?

AED 863,100 on 1 July 2022, sold by the developer: AED 1,824 per sqft for 473 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 90,000 a year on the contract signed on 26 November 2025. The previous contract, from May 2024, was AED 83,000; the unit has been rented since November 2022.

How big is unit 505?

473 sqft (43.9 sqm): a one-bedroom apartment on the 5th floor of a 27-storey tower completed in 2022.

What is unit 505 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 505, Reva Residences

Starts from the last sale price (AED 863K, 1 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 863,100
Deposit, UAE resident (20%)
AED 172,620
Deposit, non-resident (40%)
AED 345,240
Monthly over 25 years at 3.7%
AED 3,531

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