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

620, Reva Residences

Sold prices and rental history: sold once, by the developer in July 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 620 · DLD and Ejari recordsUpdated 25 January 2025
Last soldAED 793K14 July 2021
Current rentAED 98K /yr25 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 620, Reva Residences

What is 620 worth today?

Last sold for AED 793,000 in 2021

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25 Jan 2025RentedRenewal
AED 97,900/yr12 months · AED 207 per sqft
25 Jan 2025RentedRenewal
AED 97,900/yr12 months · AED 207 per sqft
25 Jan 2024RentedNew contract
AED 89,000/yr12 months · AED 188 per sqft
30 Sep 2023RentedRenewal
AED 80,000/yr12 months · AED 169 per sqft
30 Sep 2022RentedNew contract
AED 76,000/yr12 months · AED 160 per sqft
14 Jul 2021Sold by developerOff-plan
AED 793,000AED 1,682 per sqft

Source: Dubai Land Department. Updated 25 January 2025.

Key facts

Type
1-bed apartment
Size
471 sqft
Floor
6th of 27
Parking
B-15
Developer
DAMAC
Completed
2022
Service charge
AED 11,700 /yr
Last sold
AED 793K · July 2021

About 620, Reva Residences

620 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 2021 for AED 793,000, 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 continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 25 January 2025, is AED 97,900 a year: a gross yield of 12.3% on the 2021 price, before the service charge of about AED 11,700 a year.

Sales and rents for 620 over time

Sales
Unit 620, 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 2021: AED 793,000 (AED 1,682 per sqft)

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

Rents
Unit 620, each contractTypical one-bed in Reva Residences
60K80K100K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 70,000New contract, September 2022: AED 76,000 a yearRenewal, September 2023: AED 80,000 a yearNew contract, January 2024: AED 89,000 a yearRenewal, January 2025: AED 97,900 a yearRenewal, January 2025: AED 97,900 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 620 sits

All 470 1-beds →

620 last sold in July 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. 620's AED 97,900 is in the upper 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

620, Reva Residences in numbers

  • Sold once: by DAMAC on 14 July 2021 for AED 793,000, or AED 1,682 per sqft.
  • Rented since September 2022 on 5 Ejari contracts, from AED 76,000 to AED 97,900 a year.
  • At AED 97,900 a year the gross yield on the 2021 price is 12.3%, 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 25 January 2025.

Questions about 620, Reva Residences

What did unit 620 last sell for?

AED 793,000 on 14 July 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 620?

AED 97,900 a year on the contract renewed on 25 January 2025. The previous contract, from January 2025, was AED 97,900; the unit has been rented since September 2022.

How big is unit 620?

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

What is unit 620 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 620, Reva Residences

Starts from the last sale price (AED 793K, 14 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 793,000
Deposit, UAE resident (20%)
AED 158,600
Deposit, non-resident (40%)
AED 317,200
Monthly over 25 years at 3.7%
AED 3,244

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