Unit 1623, Reva Residences: what it sold for and what it is worth now

Unit 1623 at Reva Residences is a 2 bed of 915 sq ft. It last sold for AED 2,050,000 on 15 Oct 2024. At AED 1,705 per sq ft, from 7 sales of units ending 23 (same position in the tower), it is worth about AED 1,560,000 today.

Value todayAED 1,560,000AED 1,525,000 to AED 1,675,000
Last saleAED 2,050,00015 Oct 2024 · Resale
Change since last sale-23.9%Building trend alone: AED 1,959,931
Rent (median asking, 2 bed)AED 115,000Gross yield 7.4%
Bedrooms2 bed
Size915 sq ft
Floor16 (from the unit number)
Position in the towerStack 23: units ending 23 share the same layout and view
BuildingReva Residences by DAMAC Properties, handed over 2022
Registered sales of this unit3

Every registered sale of unit 1623

DatePriceSizeAED/sq ftType
15 Oct 2024AED 2,050,000915 sq ft2,240Resale
9 Dec 2022AED 1,275,000915 sq ft1,393Resale
12 Sep 2022AED 980,000915 sq ft1,071Resale

Units ending 23 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
202324 Nov 2025AED 1,600,000915 sq ft1,749Resale
112324 Sep 2025AED 1,560,000915 sq ft1,705Resale
122310 Sep 2025AED 1,750,000915 sq ft1,913Resale
17238 Sep 2025AED 1,550,000915 sq ft1,694Resale
82323 Jun 2025AED 1,500,000915 sq ft1,639Resale
132312 Feb 2025AED 1,470,000915 sq ft1,607Resale
14232 Oct 2024AED 1,400,000915 sq ft1,530Resale
222325 Jul 2024AED 1,600,000915 sq ft1,749Resale

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 7 resale sales of units ending 23 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,705). We multiplied it by the size of this unit (915 sq ft). The range uses the middle half of those sales (AED 1,667 to AED 1,831 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,959,931. 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 1623 at Reva Residences worth?

About AED 1,560,000 (range AED 1,525,000 to AED 1,675,000), based on AED 1,705 per sq ft from registered sales up to 5 Oct 2026.

When did unit 1623 last sell?

15 Oct 2024, for AED 2,050,000 (resale). It has 3 registered sales.

What rent can unit 1623 make?

A 2 bed in Reva Residences rents for about AED 115,000 a year (median asking rent). That is a gross yield of 7.4% on the estimate.

Sales alert for Reva ResidencesAll sales in Reva Residences

Unit 1622 · Unit 1701