PropertyIndex

Reva Residences

Completed · Q2 2022|605 units · 1 tower

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Reva Residences is a completed apartment development by DAMAC WORLD REAL ESTATE L.L.C in Business Bay, comprising 605 registered units. 933 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,960 per sqft. At AED 1,960 per sqft, Reva Residences prices 19% below the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · 6.4% YoY
1.18MAED
Typical
1,960AED
PSF
Gross yield
6.0%
PIX© rent ÷ PIX© price
Sale records
933
DLD · all time
Rent contracts
1,433
Ejari · all time
Reva Residences

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
251 – 1,142 sqft
6051.18M1,9606.4%71K6.0%
Residential
1 Bed · Apartment
466 – 759 sqft
470
2 Bed · Apartment
897 – 1,142 sqft
130
Villa (Bedrooms Unknown)
66,606 sqft
Commercial
Shop
849 – 1,023 sqft
4
Store
251 sqft
1
Sales — Project-Wide933 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Floor Analysis
last 24 months
Median PSF · 115 sales
Floors 1-9 · 34 sales
Floors 10-27 · 81 sales
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
16 Jul 2026Floor 7471950,0002,015-6.9%Entry LevelStandard Sale
8 Jul 2026Floor 2471900,0001,909+25.9%Entry LevelStandard Sale
19 May 2026Floor 114711,000,0002,124+18.3%StandardStandard Sale
Rentals — Project-Wide1,433 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 777 rentals
Floors 1-12 · 352 rentals
Floors 13-27 · 425 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
21 Aug 20262 Bed913110,000121Standardrenewal
20 Aug 20261 Bed47174,799159Standardnew
15 Aug 20261 BedFloor 164260,00093-34.1%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Common questions about Reva Residences

Answered from Dubai Land Department registered transactions.

How much does a property in Reva Residences cost?

Property in Reva Residences sells at a current PIX© price of AED 1,960 per sqft, or about AED 1,176,477 for a typical unit, based on 933 sales registered with the Dubai Land Department.

Is Reva Residences completed?

Yes. Reva Residences is recorded as completed in the Dubai Land Department project register (completed q2 2022).

Who is the developer of Reva Residences?

Reva Residences is developed by DAMAC WORLD REAL ESTATE L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Reva Residences?

Reva Residences yields 6.0% gross, calculated from current PIX© rent against current PIX© sale price, across 1,433 registered Ejari contracts.

How many units are in Reva Residences?

Reva Residences holds 605 registered units, per the Dubai Land Department unit register.

Have prices in Reva Residences gone up or down?

Price per sqft has fallen -6.4% over the last 12 months, to AED 1,960, across 933 registered sales.