Reva Residences

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by DAMAC
605
Total Units
602
Sold
AED 910,000
Median Price
AED 1,750
Median Price /sqft
Construction progress: 100%
Start: Jan, 2018Completion: Jun, 2022

Reva Residences Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

1 Bed470470 sqft - 760 sqftAED 1M (2,120 /sqft)AED 2,420 /sqft
-12.32
2 Beds130900 sqft - 1,140 sqftAED 1.5M (1,620 /sqft)AED 2,420 /sqft
-32.79

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
Commercial, GSR-01251 sqftCheck Availability
Commercial, RETAIL 2954 sqft0 sqft Check Availability
Commercial, RETAIL 31,023 sqft0 sqft Check Availability
Commercial, RETAIL 41,014 sqft0 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment642 sqft27.62 sqft 1AED 1,367,000AED 2,129 /sqft 25, Sep 2023
1Apartment694 sqft32.39 sqft 1AED 1,224,000AED 1,764 /sqft 16, Sep 2022
1Apartment693 sqft32.27 sqft 1AED 1,186,780AED 1,713 /sqft 18, Aug 2022
1Apartment682 sqft31.3 sqft 1AED 1,142,000AED 1,674 /sqft 25, Jul 2022
1Apartment662 sqft29.37 sqft 1AED 1,109,000AED 1,675 /sqft 22, Jul 2022
1Apartment471 sqft11.67 sqft 1AED 1,020,000AED 2,166 /sqft 19, Jan 2026
1Apartment614 sqft24.78 sqft 1AED 1,014,720AED 2,178 /sqft 25, Mar 2020
1Apartment470 sqft11.66 sqft 1AED 975,000AED 2,074 /sqft 05, Aug 2025
1Apartment468 sqft11.46 sqft 1AED 850,000AED 1,816 /sqft 19, Aug 2026
1Apartment466 sqft11.57 sqft 1AED 836,850AED 1,796 /sqft 26, May 2022
1Apartment466 sqft11.56 sqft 1AED 827,400AED 1,776 /sqft 14, Jun 2022
1Apartment475 sqft11.88 sqft 1AED 826,350AED 1,773 /sqft 09, May 2022
1Apartment470 sqft11.6 sqft 1AED 782,000AED 1,664 /sqft 14, Jun 2021
1Apartment472 sqft11.72 sqft 1AED 772,000AED 1,636 /sqft 08, Oct 2019
1Apartment468 sqft11.46 sqft 1AED 766,000AED 1,637 /sqft 25, Oct 2020

Reva Residences Real Estate Data – FAQ

  • What is the current property supply in Reva Residences?

    Reva Residences has a total residential supply of approximately 199 units. This represents completed and available inventory within the area.

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  • How active is the real estate market in Reva Residences?

    Reva Residences recorded 41 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in Reva Residences?

    The median transaction price in Reva Residences is AED 2,020 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in Reva Residences?

    The gross rental yield in Reva Residences is approximately 8%, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in Reva Residences?

    Property prices in Reva Residences have shown a capital appreciation of 0% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in Reva Residences?

    There are currently 0 active off-plan projects in Reva Residences, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in Reva Residences?

    The total off-plan pipeline in Reva Residences includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

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  • Is Reva Residences a good area for property investment?

    Reva Residences is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Reva Residences, this is %, indicating relatively strong income performance compared to global markets.

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