1-bed · 463 sqftReva Residences, Business Bay · 5th floor · completed 2022

507, Reva Residences

Sold prices and rental history: sold once, by the developer in January 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 13 January 2020
Last soldAED 794K13 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Reva Residences

What is 507 worth today?

Last sold for AED 794,000 in 2020

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13 Jan 2020Sold by developerOff-plan
AED 794,000AED 1,713 per sqft

Source: Dubai Land Department. Updated 13 January 2020.

Key facts

Type
1-bed apartment
Size
463 sqft
Floor
5th of 27
Parking
B-95
Developer
DAMAC
Completed
2022
Service charge
AED 11,500 /yr
Last sold
AED 794K · January 2020

About 507, Reva Residences

507 is a one-bedroom apartment of 463 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 13 January 2020 for AED 794,000, or AED 1,713 per sqft, in line with the AED 1,728 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 507 over time

Sales
Unit 507, 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, January 2020: AED 794,000 (AED 1,713 per sqft)

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

Rents
Unit 507, each contractTypical one-bed in Reva Residences
65K70K75K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 70,000

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 507 sits

All 470 1-beds →

507 last sold in January 2020 at AED 1,713 per sqft, in line with what one-beds in Reva Residences were fetching at the time (AED 1,728). 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.

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
5061-bedAED 1.1M · Feb 2025
5081-bedAED 1.01M · Mar 2024
1–7 of 22

507, Reva Residences in numbers

  • Sold once: by DAMAC on 13 January 2020 for AED 794,000, or AED 1,713 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 13 January 2020.

Questions about 507, Reva Residences

What did unit 507 last sell for?

AED 794,000 on 13 January 2020, sold by the developer: AED 1,713 per sqft for 463 sqft. It is the only registered sale of the unit.

How big is unit 507?

463 sqft (43.0 sqm): a one-bedroom apartment on the 5th floor of a 27-storey tower completed in 2022.

What is unit 507 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 507, Reva Residences

Starts from the last sale price (AED 794K, 13 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 794,000
Deposit, UAE resident (20%)
AED 158,800
Deposit, non-resident (40%)
AED 317,600
Monthly over 25 years at 3.7%
AED 3,249

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