Unit 1616, Reva Residences: what it sold for and what it is worth now

Unit 1616 at Reva Residences is a 2 bed of 914 sq ft. It last sold for AED 1,475,987 on 29 Dec 2022. At AED 1,525 per sq ft, from 3 sales of units ending 16 (same position in the tower), it is worth about AED 1,394,000 today.

Value todayAED 1,394,000AED 1,391,000 to AED 1,558,000
Last saleAED 1,475,98729 Dec 2022 · Resale
Change since last sale-5.6%Building trend alone: AED 1,741,660
Rent (median asking, 2 bed)AED 115,000Gross yield 8.2%
Bedrooms2 bed
Size914 sq ft
Floor16 (from the unit number)
Position in the towerStack 16: units ending 16 share the same layout and view
BuildingReva Residences by DAMAC Properties, handed over 2022
Registered sales of this unit2

Every registered sale of unit 1616

DatePriceSizeAED/sq ftType
29 Dec 2022AED 1,475,987914 sq ft1,615Resale
12 Sep 2022AED 980,000914 sq ft1,072Resale

Units ending 16 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
171628 Sep 2026AED 1,400,000918 sq ft1,525Resale
24168 Dec 2025AED 1,730,000918 sq ft1,885Resale
61627 Dec 2024AED 1,387,200914 sq ft1,518Resale
25165 Aug 2024AED 2,000,000918 sq ft2,179Resale
241611 Jun 2024AED 1,550,000918 sq ft1,688Resale
111628 Dec 2023AED 1,600,000914 sq ft1,751Resale
41625 Dec 2023AED 1,000,000914 sq ft1,094Resale
20164 Oct 2023AED 2,000,000918 sq ft2,179Resale

Latest 2 bed sales in Reva Residences

UnitDatePriceSizeAED/sq ftType
171628 Sep 2026AED 1,400,000918 sq ft1,525Resale
30424 Sep 2026AED 1,484,983914 sq ft1,625Resale
220423 Jan 2026AED 1,670,000914 sq ft1,827Resale
70330 Dec 2025AED 1,540,000900 sq ft1,711Resale
24168 Dec 2025AED 1,730,000918 sq ft1,885Resale
202324 Nov 2025AED 1,600,000915 sq ft1,749Resale
17049 Oct 2025AED 1,520,000914 sq ft1,663Resale
112324 Sep 2025AED 1,560,000915 sq ft1,705Resale

How we worked out the value

We took the 3 resale sales of units ending 16 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,525). We multiplied it by the size of this unit (914 sq ft). The range uses the middle half of those sales (AED 1,521 to AED 1,705 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,741,660. Floor, view, condition and upgrades can move the price either way. Sales data to 5 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1616 at Reva Residences worth?

About AED 1,394,000 (range AED 1,391,000 to AED 1,558,000), based on AED 1,525 per sq ft from registered sales up to 5 Oct 2026.

When did unit 1616 last sell?

29 Dec 2022, for AED 1,475,987 (resale). It has 2 registered sales.

What rent can unit 1616 make?

A 2 bed in Reva Residences rents for about AED 115,000 a year (median asking rent). That is a gross yield of 8.2% on the estimate.

Sales alert for Reva ResidencesAll sales in Reva Residences

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