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Project · #1715 by 12M value

Reva Residences

Business Bay · Damac Properties

Median price per sqft · last 3 months

— /sqft

3M like-for-like
—
vs 1 year ago
—
Sales 30D
2

Market bulletin · Thu, 22 Oct 2026

Reva Residences: 2 sales worth AED 2.38M in 30 days

Reva Residences recorded 2 sales worth AED 2.38M in the 30 days to Thu, 22 Oct 2026, up 100.0% on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 0 the week before.

By market over 12 months: off-plan resales 2.9%, secondary (ready) sales 97.1%.

In Business Bay, Reva Residences ranked #11 of 11 leading projects by 12-month sales value; it is developed by Damac Properties.

Leases registered in the last three months had a median annual rent of AED 65K. The best gross yield is on 1 BR apartments at about 7.5%.

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26—
Sept 26—
Aug 26—
Jul 26—
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26—
Jan 26—
Dec 25AED 1,886
Nov 25AED 2,158
Oct 25—
Sept 25AED 1,914
Aug 25—
Jul 25AED 2,040
Jun 25—
May 25AED 2,045
Apr 25AED 1,502
Mar 25—
Feb 25AED 2,076
Jan 25AED 1,974
Dec 24AED 1,530
Nov 24AED 2,258

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26000
Sept 26003
Aug 26000
Jul 26002
Jun 26000
May 26003
Apr 26000
Mar 26002
Feb 26002
Jan 26013
Dec 25007
Nov 250010

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
WindowSalesvs priorValueAED/sqftvs prior
Last 1 month2up 100.0%AED 2.38M——
Last 3 months4unchanged 0.0%AED 3.36M——
Last 6 months8down 70.4%AED 7.21M2,015down 5.7%
Last 12 months35down 62.8%AED 35.1M2,082up 4.1%

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
MarketSalesShareMedian priceAED/sqft1Y
Off-plan resale13%———
Secondary (ready)3497%AED 1.01M2,102up 5.1%
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
1 bedroom2777%AED 1.00M2,125up 0.3%
2 bedrooms823%AED 1.51M1,730up 7.3%
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
Under AED 2M35100%AED 1.02M2,082up 4.4%

Rents & yields

Leases registered with Ejari / DLD.

Median annual rent

Monthly median of registered leases (new and renewed)

View data table
Median annual rent
DateAnnual rent
Oct 26AED 65K
Sept 26AED 67K
Aug 26AED 70K
Jul 26AED 65K
Jun 26AED 65K
May 26AED 70K
Apr 26AED 77K
Mar 26AED 80K
Feb 26AED 80K
Jan 26AED 81K
Dec 25AED 77K
Nov 25AED 80K
Oct 25AED 80K
Sept 25AED 78K
Aug 25AED 75K
Jul 25AED 78K
Jun 25AED 77K
May 25AED 75K
Apr 25AED 78K
Mar 25AED 82K
Feb 25AED 78K
Jan 25AED 78K
Dec 24AED 79K
Nov 24AED 78K
Leases (12M)
442
New leases
65.8%
Median rent 3M
AED 65K
Rent/sqft 3M
AED 131
Gross yield
1 BR apartmentsAED 75K / AED 1.00M7.5%
2 BR apartmentsAED 105K / AED 1.51M6.9%
Rent by bedrooms (12M)
BedroomsLeasesMedian rentNew leasesAED/sqft/yr
1 BR291AED 75KAED 73K158
2 BR70AED 105KAED 107K115

Competing projects in Business Bay

Compare

Other projects trading in the same community

Peers
NameSales 12MAED/sqft3M
Bugatti ResidencesBinghatti265,436—
DWTN Residences - Downtown ResidencesDeyaar Development2942,773—
Al Habtoor TowerAl Habtoor Group1772,661—
One by BinghattiBinghatti1722,205up 2.7%
Tiger Sky TowerTiger Properties - Tiger Real Estate1562,350—
Volante 2Xtreme Vision123,491—
Burj Binghatti by Jacob & CoBinghatti273,523—
Avarra - Business Bay Palace ResidencesEmaar Properties593,460—
One River PointEllington Properties Development792,714—
Bayz 102 By DanubeDanube Properties932,955—

Biggest sales, last 3 months

Biggest sales in Reva Residences
PricePropertyDate
AED 1.48M2 BR Apartment · 914 sqftReva Residences · Business Bay24 Sept
AED 916K1 BR Apartment · 470 sqftReva Residences · Business Bay16 Sept
AED 900K1 BR Apartment · 471 sqftReva Residences · Business Bay23 Sept
AED 59K2 BR Apartment · 914 sqftReva Residences · Business Bay30 Jul

Questions about Reva Residences

How many properties were sold in Reva Residences in the last year?

35 sales worth AED 35.1M were registered in the last 12 months: 0% developer off-plan, 3% off-plan resales and 97% secondary (ready) sales.

What is the average rent in Reva Residences?

The median annual rent on leases registered in the last three months was AED 65K, and the best gross rental yield is about 7.5%.

Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.

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