1-bed · 471 sqftReva Residences, Business Bay · 6th floor · completed 2022

608, Reva Residences

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

Unit 608 · DLD and Ejari recordsUpdated 29 October 2022
Last soldAED 798K14 July 2022
Current rentAED 70K /yr29 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Reva Residences

What is 608 worth today?

Last sold for AED 797,720 in 2022

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29 Oct 2022RentedNew contract
AED 70,000/yr12 months · AED 148 per sqft
14 Jul 2022Sold by developerReady
AED 797,720AED 1,692 per sqft

Source: Dubai Land Department. Updated 29 October 2022.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
6th of 27
Parking
B-05
Developer
DAMAC
Completed
2022
Service charge
AED 11,700 /yr
Last sold
AED 798K · July 2022

About 608, Reva Residences

608 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 14 July 2022 for AED 797,720, or AED 1,692 per sqft, 6% below the AED 1,794 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 29 October 2022. The current contract, signed on 29 October 2022, is AED 70,000 a year: a gross yield of 8.8% on the 2022 price, before the service charge of about AED 11,700 a year.

Sales and rents for 608 over time

Sales
Unit 608, 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, July 2022: AED 797,720 (AED 1,692 per sqft)

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

Rents
Unit 608, 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 70,000New contract, October 2022: AED 70,000 a year

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 608 sits

All 470 1-beds →

608 last sold in July 2022 at AED 1,692 per sqft, 6% below what one-beds in Reva Residences were fetching at the time (AED 1,794). 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. 608's AED 70,000 is in the lower half of that range.

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 6th floor

All 600 units in Reva Residences
Value
6011-bedAED 780K · Mar 2020
6021-bedAED 792K · Aug 2021
6032-bedAED 1.29M · Oct 2021
6042-bedAED 1.28M · Oct 2019
6051-bedAED 800K · Jan 2025
6061-bedAED 910K · May 2024
6071-bedAED 956K · Jul 2022
1–7 of 22

608, Reva Residences in numbers

  • Sold once: by DAMAC on 14 July 2022 for AED 797,720, or AED 1,692 per sqft.
  • Rented since October 2022 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 8.8%, 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 29 October 2022.

Questions about 608, Reva Residences

What did unit 608 last sell for?

AED 797,720 on 14 July 2022, sold by the developer: AED 1,692 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 608?

AED 70,000 a year on the contract signed on 29 October 2022.

How big is unit 608?

471 sqft (43.8 sqm): a one-bedroom apartment on the 6th floor of a 27-storey tower completed in 2022.

What is unit 608 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 608, Reva Residences

Starts from the last sale price (AED 798K, 14 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 797,720
Deposit, UAE resident (20%)
AED 159,544
Deposit, non-resident (40%)
AED 319,088
Monthly over 25 years at 3.7%
AED 3,264

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