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2-bed · 915 sqftReva Residences, Business Bay · 6th floor · completed 2022

623, Reva Residences

Sold prices and rental history: sold once, by the developer in June 2021, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 623 · DLD and Ejari recordsUpdated 8 July 2026
Last soldAED 1.18M30 June 2021
Current rentAED 105K /yr8 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 623, Reva Residences

What is 623 worth today?

Last sold for AED 1,178,550 in 2021

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8 Jul 2026RentedRenewal
AED 105,000/yr12 months · AED 115 per sqft
6 Jul 2025RentedNew contract
AED 104,439/yr12 months · AED 114 per sqft
6 Jul 2025RentedNew contract
AED 104,439/yr12 months · AED 114 per sqft
1 Jun 2024RentedNew contract
AED 113,000/yr12 months · AED 124 per sqft
30 Jun 2021Sold by developerOff-plan
AED 1,178,550AED 1,288 per sqft

Source: Dubai Land Department. Updated 8 July 2026.

Key facts

Type
2-bed apartment
Size
915 sqft
Floor
6th of 27
Parking
P1-117
Developer
DAMAC
Completed
2022
Service charge
AED 22,600 /yr
Last sold
AED 1.18M · June 2021
Building
Reva Residences

About 623, Reva Residences

623 is a two-bedroom apartment of 915 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 30 June 2021 for AED 1,178,550, or AED 1,288 per sqft.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 8 July 2026, is AED 105,000 a year: a gross yield of 8.9% on the 2021 price, before the service charge of about AED 22,600 a year.

Sales and rents for 623 over time

Sales
Unit 623, each saleTypical two-bed in Reva Residences
1.2M1.4M1.6M2018202120242027Typical sale price by year: 2018 AED 1,300,460; 2019 AED 1,322,000; 2020 AED 1,333,500; 2021 AED 1,292,000; 2022 AED 1,380,750; 2023 AED 1,325,000; 2024 AED 1,600,000; 2025 AED 1,550,000; 2026 AED 1,492,492Sold by developer, June 2021: AED 1,178,550 (AED 1,288 per sqft)

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

Rents
Unit 623, each contractTypical two-bed in Reva Residences
100K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 95,500; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 99,599New contract, June 2024: AED 113,000 a yearNew contract, July 2025: AED 104,439 a yearNew contract, July 2025: AED 104,439 a yearRenewal, July 2026: AED 105,000 a year

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 623 sits

All 130 2-beds →

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. 623's AED 105,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Sep 20261,400,000
24 Sep 20261,484,983
30 Jul 202620,788
30 Jul 202659,133
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 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

623, Reva Residences in numbers

  • Sold once: by DAMAC on 30 June 2021 for AED 1,178,550, or AED 1,288 per sqft.
  • Rented since June 2024 on 4 Ejari contracts, from AED 113,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2021 price is 8.9%, 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 8 July 2026.

Questions about 623, Reva Residences

What did unit 623 last sell for?

AED 1,178,550 on 30 June 2021, sold by the developer: AED 1,288 per sqft for 915 sqft. It is the only registered sale of the unit.

What is the rent for unit 623?

AED 105,000 a year on the contract renewed on 8 July 2026. The previous contract, from July 2025, was AED 104,439; the unit has been rented since June 2024.

How big is unit 623?

915 sqft (85.0 sqm): a two-bedroom apartment on the 6th floor of a 27-storey tower completed in 2022.

What is unit 623 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 623, Reva Residences

Starts from the last sale price (AED 1.18M, 30 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,178,550
Deposit, UAE resident (20%)
AED 235,710
Deposit, non-resident (40%)
AED 471,420
Monthly over 25 years at 3.7%
AED 4,822

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