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

506, Reva Residences

Sold prices and rental history: sold twice, last in February 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 27 September 2026
Last soldAED 1.1M27 February 2025
Current rentAED 60K /yr27 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, Reva Residences

What is 506 worth today?

Last sold for AED 1,100,000 in 2025

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27 Sep 2026RentedRenewal
AED 60,000/yr12 months · AED 127 per sqft
27 Sep 2025RentedNew contract
AED 73,000/yr12 months · AED 154 per sqft
27 Feb 2025SoldReady
AED 1,100,000AED 2,342 per sqft
30 Sep 2022RentedNew contract
AED 81,000/yr12 months · AED 173 per sqft
5 Jul 2022Sold by developerReady
AED 916,000AED 1,950 per sqft

Source: Dubai Land Department. Updated 27 September 2026.

Key facts

Type
1-bed apartment
Size
470 sqft
Floor
5th of 27
Parking
B-94
Developer
DAMAC
Completed
2022
Service charge
AED 11,600 /yr
Last sold
AED 1.1M · February 2025
Building
Reva Residences

About 506, Reva Residences

506 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. It last sold on 27 February 2025 for AED 1,100,000, or AED 2,342 per sqft, 10% above the AED 2,122 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 27 September 2026, is AED 60,000 a year: a gross yield of 5.5% on the 2025 price, before the service charge of about AED 11,600 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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, July 2022: AED 916,000 (AED 1,950 per sqft)Sold, February 2025: AED 1,100,000 (AED 2,342 per sqft)

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

Rents
Unit 506, 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, September 2022: AED 81,000 a yearNew contract, September 2025: AED 73,000 a yearRenewal, September 2026: AED 60,000 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 506 sits

All 470 1-beds →

506 last sold in February 2025 at AED 2,342 per sqft, 10% above what one-beds in Reva Residences were fetching at the time (AED 2,122). 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. 506's AED 60,000 is in the lower 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
5051-bedAED 863K · Jul 2022
5071-bedAED 794K · Jan 2020
5081-bedAED 1.01M · Mar 2024
1–7 of 22

506, Reva Residences in numbers

  • Sold twice: first on 5 July 2022 for AED 916,000, last on 27 February 2025 for AED 1,100,000 (AED 2,342 per sqft).
  • Rented since September 2022 on 3 Ejari contracts, from AED 81,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2025 price is 5.5%, 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 27 September 2026.

Questions about 506, Reva Residences

What did unit 506 last sell for?

AED 1,100,000 on 27 February 2025: AED 2,342 per sqft for 470 sqft. The unit has 2 registered sales; the first was AED 916,000 in July 2022.

What is the rent for unit 506?

AED 60,000 a year on the contract renewed on 27 September 2026. The previous contract, from September 2025, was AED 73,000; the unit has been rented since September 2022.

How big is unit 506?

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

What is unit 506 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 506, Reva Residences

Starts from the last sale price (AED 1.1M, 27 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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