1-bed · 470 sqftReva Residences, Business Bay · 7th floor · completed 2022

701, Reva Residences

Sold prices and rental history: sold twice, last in September 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 8 September 2022
Last soldAED 675K8 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Reva Residences

What is 701 worth today?

Last sold for AED 675,000 in 2022

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8 Sep 2022SoldReady
AED 675,000AED 1,434 per sqft
3 May 2018Sold by developerOff-plan
AED 782,000AED 1,662 per sqft

Source: Dubai Land Department. Updated 8 September 2022.

Key facts

Type
1-bed apartment
Size
470 sqft
Floor
7th of 27
Parking
B-18
Developer
DAMAC
Completed
2022
Service charge
AED 11,600 /yr
Last sold
AED 675K · September 2022

About 701, Reva Residences

701 is a one-bedroom apartment of 470 sqft on the 7th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 8 September 2022 for AED 675,000, or AED 1,434 per sqft, 21% below the AED 1,819 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical one-bed in Reva Residences
800K1M2018202120242027Typical 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, May 2018: AED 782,000 (AED 1,662 per sqft)Sold, September 2022: AED 675,000 (AED 1,434 per sqft)

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

Rents
Unit 701, 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 70,000

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 701 sits

All 470 1-beds →

701 last sold in September 2022 at AED 1,434 per sqft, 21% below what one-beds in Reva Residences were fetching at the time (AED 1,819). 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.

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 7th floor

All 600 units in Reva Residences
Value
7021-bedAED 774K · Nov 2018
7032-bedAED 1.54M · Dec 2025
7042-bedAED 1.7M · Jan 2024
7051-bedAED 810K · Apr 2018
7061-bedAED 960K · May 2025
7071-bedAED 784K · May 2018
7081-bedAED 950K · Jul 2026
1–7 of 22

701, Reva Residences in numbers

  • Sold twice: first on 3 May 2018 for AED 782,000, last on 8 September 2022 for AED 675,000 (AED 1,434 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 8 September 2022.

Questions about 701, Reva Residences

What did unit 701 last sell for?

AED 675,000 on 8 September 2022: AED 1,434 per sqft for 470 sqft. The unit has 2 registered sales; the first was AED 782,000 in May 2018.

How big is unit 701?

470 sqft (43.7 sqm): a one-bedroom apartment on the 7th floor of a 27-storey tower completed in 2022.

What is unit 701 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 701, Reva Residences

Starts from the last sale price (AED 675K, 8 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 675,000
Deposit, UAE resident (20%)
AED 135,000
Deposit, non-resident (40%)
AED 270,000
Monthly over 25 years at 3.7%
AED 2,762

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