508, Reva Residences
Sold prices and rental history: sold twice, last in March 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Reva Residences
What is 508 worth today?
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Source: Dubai Land Department. Updated 24 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 471 sqft
- Floor
- 5th of 27
- Parking
- B-96
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 11,700 /yr
- Last sold
- AED 1.01M · March 2024
- Building
- Reva Residences
About 508, Reva Residences
508 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 26 March 2024 for AED 1,011,000, or AED 2,144 per sqft, 13% above the AED 1,892 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 24 October 2025, is AED 80,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 11,700 a year.
Sales and rents for 508 over time
508 has sold twice; the dashed line is the one-bed median of each year in the building.
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 508 sits
All 470 1-beds →508 last sold in March 2024 at AED 2,144 per sqft, 13% above what one-beds in Reva Residences were fetching at the time (AED 1,892). 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. 508's AED 80,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 471 sqft | 1,000,000 | 2,123 | ||
| 5 Oct 20265 October 2026 | 473 sqft | 850,000 | 1,796 | ||
| 2 Oct 20262 October 2026 | 472 sqft | 950,000 | 2,012 | ||
| 23 Sep 202623 September 2026 | 471 sqft | 900,000 | 1,911 |
Reva Residences
Building600 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%
Other units on the 5th floor
All 600 units in Reva Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 470 sqft | AED 765KAED 764,547 · Jun 2022June 2022 | 82,000 /yr | |
| 502 | 1-bed | 471 sqft | AED 1.02MAED 1,020,000 · Jul 2025July 2025 | 78,000 /yr | |
| 503 | 2-bed | 900 sqft | AED 1.27MAED 1,269,000 · Nov 2019November 2019 | 105,000 /yr | |
| 504 | 2-bed | 905 sqft | AED 1.29MAED 1,286,000 · Nov 2019November 2019 | 97,375 /yr | |
| 505 | 1-bed | 473 sqft | AED 863KAED 863,100 · Jul 2022July 2022 | 90,000 /yr | |
| 506 | 1-bed | 470 sqft | AED 1.1MAED 1,100,000 · Feb 2025February 2025 | 60,000 /yr | |
| 507 | 1-bed | 463 sqft | AED 794KAED 794,000 · Jan 2020January 2020 | ||
| 509 | 1-bed | 471 sqft | AED 792KAED 792,000 · Nov 2019November 2019 | 69,000 /yr | |
| 510 | 1-bed | 471 sqft | AED 899KAED 899,000 · Jun 2022June 2022 | 70,000 /yr | |
| 511 | 2-bed | 914 sqft | AED 1.31MAED 1,308,000 · Sep 2019September 2019 | ||
| 512 | 1-bed | 471 sqft | AED 786KAED 785,700 · Jul 2022July 2022 | 92,000 /yr | |
| 513 | 1-bed | 471 sqft | AED 795KAED 794,850 · Jul 2022July 2022 | 67,000 /yr | |
| 514 | 1-bed | 466 sqft | AED 835KAED 834,750 · Jul 2022July 2022 | ||
| 515 | 1-bed | 466 sqft | AED 930KAED 930,000 · Sep 2025September 2025 | ||
| 516 | 2-bed | 914 sqft | AED 1.35MAED 1,354,000 · Nov 2019November 2019 | 102,850 /yr | |
| 517 | 1-bed | 466 sqft | AED 755KAED 754,600 · Oct 2019October 2019 | 80,000 /yr | |
| 518 | 1-bed | 471 sqft | AED 777KAED 777,140 · Oct 2019October 2019 | 35,000 /yr | |
| 519 | 1-bed | 354 sqft | AED 206KAED 206,250 · Jul 2025July 2025 | 75,000 /yr | |
| 520 | 1-bed | 471 sqft | AED 764KAED 764,400 · Oct 2019October 2019 | 55,000 /yr | |
| 521 | 1-bed | 471 sqft | AED 764KAED 764,400 · Oct 2019October 2019 | 75,000 /yr | |
| 522 | 1-bed | 471 sqft | AED 764KAED 764,400 · Oct 2019October 2019 | 75,850 /yr | |
| 523 | 2-bed | 915 sqft | AED 1.28MAED 1,280,000 · Sep 2019September 2019 | 105,000 /yr |
508, Reva Residences in numbers
- Sold twice: first on 17 November 2019 for AED 794,000, last on 26 March 2024 for AED 1,011,000 (AED 2,144 per sqft).
- Rented since September 2025 on 2 Ejari contracts, from AED 77,500 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2024 price is 7.9%, 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 24 October 2025.
Questions about 508, Reva Residences
What did unit 508 last sell for?
AED 1,011,000 on 26 March 2024: AED 2,144 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 794,000 in November 2019.
What is the rent for unit 508?
AED 80,000 a year on the contract signed on 24 October 2025. The previous contract, from September 2025, was AED 77,500.
How big is unit 508?
471 sqft (43.8 sqm): a one-bedroom apartment on the 5th floor of a 27-storey tower completed in 2022.
What is unit 508 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 508, Reva Residences
Starts from the last sale price (AED 1.01M, 26 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,011,000
- Deposit, UAE resident (20%)
- AED 202,200
- Deposit, non-resident (40%)
- AED 404,400
- Monthly over 25 years at 3.7%
- AED 4,136
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →