2-bed · 914 sqftReva Residences, Business Bay · 5th floor · completed 2022

516, Reva Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in November 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 516 · DLD and Ejari recordsUpdated 23 November 2025

Last soldAED 1.35M6 November 2019

Current rentAED 103K /yr23 November 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 516, Reva Residences

Today

What is 516 worth today?

Last sold for AED 1,354,000 in 2019

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23 Nov 2025

23 Nov 2025RentedRenewal

AED 102,850/yr12 months · AED 112 per sqft

23 Nov 2024

23 Nov 2024RentedRenewal

AED 102,850/yr12 months · AED 112 per sqft

23 Nov 2023

23 Nov 2023RentedRenewal

AED 93,500/yr12 months · AED 102 per sqft

23 Nov 2022

23 Nov 2022RentedNew contract

AED 85,000/yr12 months · AED 93 per sqft

6 Nov 2019

6 Nov 2019Sold by developerOff-plan

AED 1,354,000AED 1,480 per sqft

Source: Dubai Land Department. Updated 23 November 2025.

Key facts

Type: 2-bed apartment
Size: 914 sqft
Floor: 5th of 27
Parking: P1-110
Developer: DAMAC
Completed: 2022
Service charge: AED 22,600 /yr
Last sold: AED 1.35M · November 2019
Building: Reva Residences

About 516, Reva Residences

516 is a two-bedroom apartment of 914 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 6 November 2019 for AED 1,354,000, or AED 1,480 per sqft, in line with the AED 1,446 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 23 November 2025, is AED 102,850 a year: a gross yield of 7.6% on the 2019 price, before the service charge of about AED 22,600 a year.

Sales and rents for 516 over time

Sales

Unit 516, each saleTypical two-bed in Reva Residences

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

Rents

Unit 516, each contractTypical two-bed in Reva Residences

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 516 sits

All 130 2-beds →

2-beds in Reva Residences · last 12 months1,710 /sqft Reva Residences · all types2,015 /sqft

516 last sold in November 2019 at AED 1,480 per sqft, in line with what two-beds in Reva Residences were fetching at the time (AED 1,446). 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. 516's AED 102,850 is in the lower half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
28 Sep 202628 September 2026	918 sqft	1,400,000	1,525
24 Sep 202624 September 2026	914 sqft	1,484,983	1,624
30 Jul 202630 July 2026	914 sqft	20,788	22
30 Jul 202630 July 2026	914 sqft	59,133	64

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


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
508	1-bed	471 sqft	AED 1.01MAED 1,011,000 · Mar 2024March 2024	80,000 /yr
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
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

1–7 of 22

516, Reva Residences in numbers

Sold once: by DAMAC on 6 November 2019 for AED 1,354,000, or AED 1,480 per sqft.
Rented since November 2022 on 4 Ejari contracts, from AED 85,000 to AED 102,850 a year.
At AED 102,850 a year the gross yield on the 2019 price is 7.6%, before a service charge of about AED 22,600 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 23 November 2025.

Questions about 516, Reva Residences

What did unit 516 last sell for?

AED 1,354,000 on 6 November 2019, sold by the developer: AED 1,480 per sqft for 914 sqft. It is the only registered sale of the unit.

What is the rent for unit 516?

AED 102,850 a year on the contract renewed on 23 November 2025. The previous contract, from November 2024, was AED 102,850; the unit has been rented since November 2022.

How big is unit 516?

914 sqft (84.9 sqm): a two-bedroom apartment on the 5th floor of a 27-storey tower completed in 2022.

What is unit 516 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 516, Reva Residences

Starts from the last sale price (AED 1.35M, 6 November 2019). Switch to today's estimate once you have unlocked it.

Price: AED 1,354,000
Deposit, UAE resident (20%): AED 270,800
Deposit, non-resident (40%): AED 541,600
Monthly over 25 years at 3.7%: AED 5,540

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