723, Reva Residences
Sold prices and rental history: sold twice, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 723, Reva Residences
What is 723 worth today?
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Source: Dubai Land Department. Updated 20 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 915 sqft
- Floor
- 7th of 27
- Parking
- P1-122
- Developer
- DAMAC
- Completed
- 2022
- Service charge
- AED 22,600 /yr
- Last sold
- AED 1.4M · November 2023
- Building
- Reva Residences
About 723, Reva Residences
723 is a two-bedroom apartment of 915 sqft on the 7th floor of Reva Residences, a 27-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 20 November 2023 for AED 1,400,000, or AED 1,530 per sqft, 4% above the AED 1,474 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 723 over time
723 has sold twice; the dashed line is the two-bed median of each year in the building.
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 723 sits
All 130 2-beds →723 last sold in November 2023 at AED 1,530 per sqft, 4% above what two-beds in Reva Residences were fetching at the time (AED 1,474). 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.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 918 sqft | 1,400,000 | 1,525 | ||
| 24 Sep 202624 September 2026 | 914 sqft | 1,484,983 | 1,624 | ||
| 30 Jul 202630 July 2026 | 914 sqft | 20,788 | 22 | ||
| 30 Jul 202630 July 2026 | 914 sqft | 59,133 | 64 |
Reva Residences
Building600 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%
Other units on the 7th floor
All 600 units in Reva Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | ||
| 707 | 1-bed | 471 sqft | AED 784KAED 784,000 · May 2018May 2018 | 75,000 /yr | |
| 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, Reva Residences in numbers
- Sold twice: first on 25 November 2018 for AED 1,271,160, last on 20 November 2023 for AED 1,400,000 (AED 1,530 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 20 November 2023.
Questions about 723, Reva Residences
What did unit 723 last sell for?
AED 1,400,000 on 20 November 2023: AED 1,530 per sqft for 915 sqft. The unit has 2 registered sales; the first was AED 1,271,160 in November 2018.
How big is unit 723?
915 sqft (85.0 sqm): a two-bedroom apartment on the 7th floor of a 27-storey tower completed in 2022.
What is unit 723 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 723, Reva Residences
Starts from the last sale price (AED 1.4M, 20 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →