Reva Residences

P1 — Delivered Off-Plan Primary
Developer Damac Properties
Community Business Bay
Property type Apartment
Data updated Mar 30, 2026

Reva Residences is a Delivered development by Damac Properties in Business Bay. 600 units across 1 Bedroom (78%), 2 Bedroom (22%). Over the trailing 12 months, 960 sales at a median of AED 1,025,000.

Key Metrics
Median Price
Value
AED 1,025,000
Change
2.5% YoY
Transactions
Value
960
Change
68 in period
Price / sqft
Value
AED 2,105
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 1,025,000
↑ 2.5% YoY
Transactions
960
↑ 68 in period
Price / sqft
AED 2,105
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
18.6%
Holding Period
Value
1.6 yrs
Liquidity
Value
11.3%
Price Dispersion
Value
25.8%
Ready Market Mix
Value
0.0%
Rental Activity
Value
50.5%
Capital Return
18.6%
Holding Period
1.6 yrs
Liquidity
11.3%
Price Dispersion
25.8%
Ready Market Mix
0.0%
Rental Activity
50.5%

Rental Performance

Rental Volume
Value
1,339
Avg Annual Rent
Value
AED 81,521
New Leases
Value
77.8%
Renewals
Value
22.2%
Rental Volume
1,339
Avg Annual Rent
AED 81,521
New Leases
77.8%
Renewals
22.2%

Unit Mix

By bedroom type
1 Bedroom 470 units · 78%
2 Bedroom 130 units · 22%

Transaction Breakdown

All time — 960 transactions
Off-Plan Primary
539
Off-Plan Secondary
16
Ready Primary
61
Ready Secondary
344

Price History

Median Price — Reva Residences

Median prices in Reva Residences have softened, declining 14% to AED 1.1M over the past 12 months.

Recent Transactions

Showing last 10 of 960
Date Type Price (AED) Size (sqft) AED/sqft
Mar 30, 2026 RP Secondary 1,020,000 470 2,166
Mar 30, 2026 RP Secondary 1,120,000 470 2,382
Feb 23, 2026 RP Secondary 1,080,000 470 2,295
Feb 19, 2026 RP Secondary 1,050,000 471 2,227
Jan 23, 2026 RP Secondary 1,670,000 914 1,826
Jan 19, 2026 RP Secondary 1,020,000 471 2,163
Jan 05, 2026 RP Secondary 61,112 914 66
Dec 30, 2025 RP Secondary 1,540,000 900 1,710
Dec 30, 2025 RP Secondary 117,550 914 128
Dec 25, 2025 RP Secondary 1,090,000 473 2,304

This project is in Business Bay

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