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2-bed · 914 sqftReva Residences, Business Bay · 7th floor · completed 2022

716, Reva Residences

Sold prices and rental history: sold once, by the developer in April 2018, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 21 May 2025
Last soldAED 1.35M30 April 2018
Current rentAED 95K /yr21 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 716, Reva Residences

What is 716 worth today?

Last sold for AED 1,352,000 in 2018

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21 May 2025RentedRenewal
AED 94,763/yr12 months · AED 104 per sqft
21 May 2025RentedRenewal
AED 94,763/yr12 months · AED 104 per sqft
21 May 2024RentedRenewal
AED 90,000/yr12 months · AED 98 per sqft
6 May 2023RentedNew contract
AED 90,000/yr12 months · AED 98 per sqft
30 Apr 2018Sold by developerOff-plan
AED 1,352,000AED 1,478 per sqft

Source: Dubai Land Department. Updated 21 May 2025.

Key facts

Type
2-bed apartment
Size
914 sqft
Floor
7th of 27
Parking
P1-121
Developer
DAMAC
Completed
2022
Service charge
AED 22,600 /yr
Last sold
AED 1.35M · April 2018
Building
Reva Residences

About 716, Reva Residences

716 is a two-bedroom apartment of 914 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 30 April 2018 for AED 1,352,000, or AED 1,478 per sqft, in line with the AED 1,440 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 21 May 2025, is AED 94,763 a year: a gross yield of 7.0% on the 2018 price, before the service charge of about AED 22,600 a year.

Sales and rents for 716 over time

Sales
Unit 716, each saleTypical two-bed in Reva Residences
1.4M1.6M2018202120242027Typical 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, April 2018: AED 1,352,000 (AED 1,478 per sqft)

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

Rents
Unit 716, each contractTypical two-bed in Reva Residences
90K100K110K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 95,500; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 99,599New contract, May 2023: AED 90,000 a yearRenewal, May 2024: AED 90,000 a yearRenewal, May 2025: AED 94,763 a yearRenewal, May 2025: AED 94,763 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 716 sits

All 130 2-beds →

716 last sold in April 2018 at AED 1,478 per sqft, in line with what two-beds in Reva Residences were fetching at the time (AED 1,440). 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. 716's AED 94,763 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 7th floor

All 600 units in Reva Residences
Value
7011-bedAED 675K · Sep 2022
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
1–7 of 22

716, Reva Residences in numbers

  • Sold once: by DAMAC on 30 April 2018 for AED 1,352,000, or AED 1,478 per sqft.
  • Rented since May 2023 on 4 Ejari contracts, from AED 90,000 to AED 94,763 a year.
  • At AED 94,763 a year the gross yield on the 2018 price is 7.0%, 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 21 May 2025.

Questions about 716, Reva Residences

What did unit 716 last sell for?

AED 1,352,000 on 30 April 2018, sold by the developer: AED 1,478 per sqft for 914 sqft. It is the only registered sale of the unit.

What is the rent for unit 716?

AED 94,763 a year on the contract renewed on 21 May 2025. The previous contract, from May 2025, was AED 94,763; the unit has been rented since May 2023.

How big is unit 716?

914 sqft (84.9 sqm): a two-bedroom apartment on the 7th floor of a 27-storey tower completed in 2022.

What is unit 716 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 716, Reva Residences

Starts from the last sale price (AED 1.35M, 30 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,352,000
Deposit, UAE resident (20%)
AED 270,400
Deposit, non-resident (40%)
AED 540,800
Monthly over 25 years at 3.7%
AED 5,531

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