2-bed · 915 sqftReva Residences, Business Bay · 5th floor · completed 2022

523, 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 September 2019, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 523 · DLD and Ejari recordsUpdated 20 February 2026

Last soldAED 1.28M10 September 2019

Current rentAED 105K /yr20 February 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 523, Reva Residences

Today

What is 523 worth today?

Last sold for AED 1,280,000 in 2019

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20 Feb 2026

20 Feb 2026RentedNew contract

AED 105,000/yr12 months · AED 115 per sqft

16 Feb 2025

16 Feb 2025RentedRenewal

AED 105,000/yr12 months · AED 115 per sqft

16 Feb 2025

16 Feb 2025RentedRenewal

AED 105,000/yr12 months · AED 115 per sqft

16 Feb 2024

16 Feb 2024RentedNew contract

AED 105,000/yr12 months · AED 115 per sqft

1 Jun 2023

1 Jun 2023RentedNew contract

AED 92,000/yr12 months · AED 101 per sqft

10 Sep 2019

10 Sep 2019Sold by developerOff-plan

AED 1,280,000AED 1,399 per sqft

Source: Dubai Land Department. Updated 20 February 2026.

Key facts

Type: 2-bed apartment
Size: 915 sqft
Floor: 5th of 27
Parking: P1-111
Developer: DAMAC
Completed: 2022
Service charge: AED 22,600 /yr
Last sold: AED 1.28M · September 2019
Building: Reva Residences

About 523, Reva Residences

523 is a two-bedroom apartment of 915 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 10 September 2019 for AED 1,280,000, or AED 1,399 per sqft, in line with the AED 1,438 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 20 February 2026, is AED 105,000 a year: a gross yield of 8.2% on the 2019 price, before the service charge of about AED 22,600 a year.

Sales and rents for 523 over time

Sales

Unit 523, each saleTypical two-bed in Reva Residences

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

Rents

Unit 523, 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 523 sits

All 130 2-beds →

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

523 last sold in September 2019 at AED 1,399 per sqft, in line with what two-beds in Reva Residences were fetching at the time (AED 1,438). 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. 523's AED 105,000 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
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

1–7 of 22

523, Reva Residences in numbers

Sold once: by DAMAC on 10 September 2019 for AED 1,280,000, or AED 1,399 per sqft.
Rented since June 2023 on 5 Ejari contracts, from AED 92,000 to AED 105,000 a year.
At AED 105,000 a year the gross yield on the 2019 price is 8.2%, 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 20 February 2026.

Questions about 523, Reva Residences

What did unit 523 last sell for?

AED 1,280,000 on 10 September 2019, sold by the developer: AED 1,399 per sqft for 915 sqft. It is the only registered sale of the unit.

What is the rent for unit 523?

AED 105,000 a year on the contract signed on 20 February 2026. The previous contract, from February 2025, was AED 105,000; the unit has been rented since June 2023.

How big is unit 523?

915 sqft (85.0 sqm): a two-bedroom apartment on the 5th floor of a 27-storey tower completed in 2022.

What is unit 523 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 523, Reva Residences

Starts from the last sale price (AED 1.28M, 10 September 2019). Switch to today's estimate once you have unlocked it.

Price: AED 1,280,000
Deposit, UAE resident (20%): AED 256,000
Deposit, non-resident (40%): AED 512,000
Monthly over 25 years at 3.7%: AED 5,237

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