1-bed · 471 sqftReva Residences, Business Bay · 7th floor · completed 2022

707, Reva Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in May 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 707

Unit 707 · DLD and Ejari recordsUpdated 25 October 2024

Last soldAED 784K3 May 2018

Current rentAED 75K /yr25 October 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 707

Property timeline for 707, Reva Residences

Today

What is 707 worth today?

Last sold for AED 784,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Oct 2024

25 Oct 2024RentedRenewal

AED 75,000/yr12 months · AED 158 per sqft

23 Oct 2023

23 Oct 2023RentedRenewal

AED 75,000/yr12 months · AED 158 per sqft

23 Oct 2022

23 Oct 2022RentedNew contract

AED 75,000/yr12 months · AED 158 per sqft

3 May 2018

3 May 2018Sold by developerOff-plan

AED 784,000AED 1,662 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type: 1-bed apartment
Size: 471 sqft
Floor: 7th of 27
Parking: B-22
Developer: DAMAC
Completed: 2022
Service charge: AED 11,700 /yr
Last sold: AED 784K · May 2018
Building: Reva Residences

About 707, Reva Residences

707 is a one-bedroom apartment of 471 sqft on the 7th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 3 May 2018 for AED 784,000, or AED 1,662 per sqft, in line with the AED 1,691 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 25 October 2024, is AED 75,000 a year: a gross yield of 9.6% on the 2018 price, before the service charge of about AED 11,700 a year.

Sales and rents for 707 over time

Sales

Unit 707, each saleTypical one-bed in Reva Residences

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

Rents

Unit 707, each contractTypical one-bed in Reva Residences

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 707 sits

All 470 1-beds →

1-beds in Reva Residences · last 12 months2,080 /sqft Reva Residences · all types2,015 /sqft

707 last sold in May 2018 at AED 1,662 per sqft, in line with what one-beds in Reva Residences were fetching at the time (AED 1,691). 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. 707's AED 75,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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


701	1-bed	470 sqft	AED 675KAED 675,000 · Sep 2022September 2022
702	1-bed	471 sqft	AED 774KAED 774,180 · Nov 2018November 2018	58,000 /yr
703	2-bed	900 sqft	AED 1.54MAED 1,540,000 · Dec 2025December 2025
704	2-bed	914 sqft	AED 1.7MAED 1,700,000 · Jan 2024January 2024	95,000 /yr
705	1-bed	473 sqft	AED 810KAED 810,000 · Apr 2018April 2018	55,000 /yr
706	1-bed	470 sqft	AED 960KAED 960,000 · May 2025May 2025
708	1-bed	471 sqft	AED 950KAED 950,000 · Jul 2026July 2026	65,000 /yr
709	1-bed	471 sqft	AED 798KAED 798,000 · Apr 2018April 2018	63,000 /yr
710	1-bed	471 sqft	AED 800KAED 800,000 · Nov 2023November 2023
711	2-bed	914 sqft	AED 1.31MAED 1,311,000 · Apr 2018April 2018	90,000 /yr
712	1-bed	471 sqft	AED 780KAED 780,080 · Dec 2018December 2018	70,000 /yr
713	1-bed	471 sqft	AED 798KAED 798,000 · Apr 2018April 2018	70,000 /yr
714	1-bed	466 sqft	AED 796KAED 796,000 · May 2019May 2019	55,000 /yr
715	1-bed	466 sqft	AED 851KAED 850,500 · Apr 2022April 2022	60,000 /yr
716	2-bed	914 sqft	AED 1.35MAED 1,352,000 · Apr 2018April 2018	94,763 /yr
717	1-bed	466 sqft	AED 774KAED 774,000 · Aug 2018August 2018	73,500 /yr
718	1-bed	471 sqft	AED 815KAED 815,000 · May 2023May 2023
719	1-bed	471 sqft	AED 847KAED 846,720 · Feb 2023February 2023	65,000 /yr
720	1-bed	471 sqft	AED 784KAED 784,000 · Oct 2018October 2018	68,000 /yr
721	1-bed	471 sqft	AED 784KAED 784,000 · Apr 2018April 2018	73,000 /yr
722	1-bed	471 sqft	AED 784KAED 784,000 · May 2018May 2018
723	2-bed	915 sqft	AED 1.4MAED 1,400,000 · Nov 2023November 2023

1–7 of 22

707, Reva Residences in numbers

Sold once: by DAMAC on 3 May 2018 for AED 784,000, or AED 1,662 per sqft.
Rented since October 2022 on 3 Ejari contracts, at AED 75,000 a year.
At AED 75,000 a year the gross yield on the 2018 price is 9.6%, 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 October 2024.

Questions about 707, Reva Residences

What did unit 707 last sell for?

AED 784,000 on 3 May 2018, sold by the developer: AED 1,662 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 75,000 a year on the contract renewed on 25 October 2024. The previous contract, from October 2023, was AED 75,000; the unit has been rented since October 2022.

How big is unit 707?

471 sqft (43.8 sqm): a one-bedroom apartment on the 7th floor of a 27-storey tower completed in 2022.

What is unit 707 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.

Selling 707? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 707, Reva Residences

Starts from the last sale price (AED 784K, 3 May 2018). Switch to today's estimate once you have unlocked it.

Price: AED 784,000
Deposit, UAE resident (20%): AED 156,800
Deposit, non-resident (40%): AED 313,600
Monthly over 25 years at 3.7%: AED 3,208

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