
602, Reva Residences
Sold prices and rental history: sold once, by the developer in August 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, Reva Residences
What is 602 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 471 sqft
- Floor
- 6th of 27
- Parking
- B-01
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 11,600 /yr
- Last sold
- AED 792K · August 2021
- Building
- Reva Residences
About 602, Reva Residences
602 is a one-bedroom apartment of 471 sqft on the 6th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 17 August 2021 for AED 792,000, or AED 1,682 per sqft, in line with the AED 1,675 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 November 2024, is AED 69,404 a year: a gross yield of 8.8% on the 2021 price, before the service charge of about AED 11,600 a year.
Sales and rents for 602 over time
602 has sold once; 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 602 sits
All 470 1-beds →602 last sold in August 2021 at AED 1,682 per sqft, in line with what one-beds in Reva Residences were fetching at the time (AED 1,675). 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. 602's AED 69,404 is in the lower 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 6th floor
All 600 units in Reva Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 470 sqft | AED 780KAED 780,000 · Mar 2020March 2020 | 65,000 /yr | |
| 603 | 2-bed | 900 sqft | AED 1.29MAED 1,289,000 · Oct 2021October 2021 | 107,000 /yr | |
| 604 | 2-bed | 914 sqft | AED 1.28MAED 1,278,000 · Oct 2019October 2019 | 112,000 /yr | |
| 605 | 1-bed | 473 sqft | AED 800KAED 800,000 · Jan 2025January 2025 | 60,000 /yr | |
| 606 | 1-bed | 470 sqft | AED 910KAED 910,000 · May 2024May 2024 | 60,000 /yr | |
| 607 | 1-bed | 471 sqft | AED 956KAED 956,000 · Jul 2022July 2022 | ||
| 608 | 1-bed | 471 sqft | AED 798KAED 797,720 · Jul 2022July 2022 | 70,000 /yr | |
| 609 | 1-bed | 471 sqft | AED 903KAED 903,000 · Jun 2022June 2022 | 60,000 /yr | |
| 610 | 1-bed | 471 sqft | AED 980KAED 980,000 · Oct 2025October 2025 | 68,000 /yr | |
| 611 | 2-bed | 914 sqft | AED 1.33MAED 1,333,000 · Jan 2022January 2022 | 82,000 /yr | |
| 612 | 1-bed | 471 sqft | AED 1.02MAED 1,020,000 · Mar 2026March 2026 | 60,000 /yr | |
| 613 | 1-bed | 471 sqft | AED 1MAED 1,000,000 · Nov 2025November 2025 | 60,000 /yr | |
| 614 | 1-bed | 466 sqft | AED 900KAED 900,000 · Dec 2023December 2023 | 90,000 /yr | |
| 615 | 1-bed | 466 sqft | AED 808KAED 808,000 · Mar 2021March 2021 | 80,000 /yr | |
| 616 | 2-bed | 914 sqft | AED 1.39MAED 1,387,200 · Dec 2024December 2024 | ||
| 617 | 1-bed | 466 sqft | AED 837KAED 836,850 · Apr 2022April 2022 | 79,000 /yr | |
| 618 | 1-bed | 471 sqft | AED 793KAED 793,000 · Nov 2021November 2021 | 67,000 /yr | |
| 619 | 1-bed | 463 sqft | AED 782KAED 782,000 · Nov 2019November 2019 | 74,000 /yr | |
| 620 | 1-bed | 471 sqft | AED 793KAED 793,000 · Jul 2021July 2021 | 97,900 /yr | |
| 621 | 1-bed | 471 sqft | AED 865KAED 865,000 · Dec 2023December 2023 | ||
| 622 | 1-bed | 471 sqft | AED 799KAED 798,700 · Jul 2022July 2022 | 70,000 /yr | |
| 623 | 2-bed | 915 sqft | AED 1.18MAED 1,178,550 · Jun 2021June 2021 | 105,000 /yr |
602, Reva Residences in numbers
- Sold once: by DAMAC on 17 August 2021 for AED 792,000, or AED 1,682 per sqft.
- Rented since November 2022 on 3 Ejari contracts, from AED 60,000 to AED 69,404 a year.
- At AED 69,404 a year the gross yield on the 2021 price is 8.8%, 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 1 November 2024.
Questions about 602, Reva Residences
What did unit 602 last sell for?
AED 792,000 on 17 August 2021, sold by the developer: AED 1,682 per sqft for 471 sqft. It is the only registered sale of the unit.
What is the rent for unit 602?
AED 69,404 a year on the contract signed on 1 November 2024. The previous contract, from November 2023, was AED 67,812; the unit has been rented since November 2022.
How big is unit 602?
471 sqft (43.8 sqm): a one-bedroom apartment on the 6th floor of a 27-storey tower completed in 2022.
What is unit 602 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 602, Reva Residences
Starts from the last sale price (AED 792K, 17 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 792,000
- Deposit, UAE resident (20%)
- AED 158,400
- Deposit, non-resident (40%)
- AED 316,800
- Monthly over 25 years at 3.7%
- AED 3,240
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →