Developer: Damac Properties · Business Bay

Reva by Damac

Reva by Damac is a residential project by Damac Properties in Business Bay, Dubai, with ready to move in, 604 units.

HandoverReady to move in
Units604

Layouts and sizes

TypeSize, sq.ft
1 BEDROOM474
2 BEDROOM901

Construction progress

100%
  • StatusReady
  • Construction started2018-04-15
  • HandoverReady To Move in
  • Status date02.06.2022
  • Escrow bankADCB
  • DLD project number2018

Data from the Dubai Land Department project registry (updated 22.08.2026 09:55).

Construction progress 89
2 June 2022 100.00%
Reva by Damac, Business Bay construction progress — 2 June 2022, 100.00% complete, photo 1 of 10Reva by Damac, Business Bay construction progress — 2 June 2022, 100.00% complete, photo 2 of 10Reva by Damac, Business Bay construction progress — 2 June 2022, 100.00% complete, photo 3 of 10Reva by Damac, Business Bay construction progress — 2 June 2022, 100.00% complete, photo 4 of 10Reva by Damac, Business Bay construction progress — 2 June 2022, 100.00% complete, photo 5 of 10Reva by Damac, Business Bay construction progress — 2 June 2022, 100.00% complete, photo 6 of 10Reva by Damac, Business Bay construction progress — 2 June 2022, 100.00% complete, photo 7 of 10Reva by Damac, Business Bay construction progress — 2 June 2022, 100.00% complete, photo 8 of 10Reva by Damac, Business Bay construction progress — 2 June 2022, 100.00% complete, photo 9 of 10Reva by Damac, Business Bay construction progress — 2 June 2022, 100.00% complete, photo 10 of 10

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
20.08.20261 BR43.5850 000
30.07.20262 BR84.920 788
30.07.20262 BR84.959 133
16.07.20261 BR43.8950 000
08.07.20261 BR43.8900 000
15.06.20261 BR43.8653 682
10.06.20261 BR44.2900 209
19.05.20261 BR43.71 000 000
18.05.20261 BR43.3950 000
18.05.20261 BR43.7950 000
13.05.20261 BR43.7950 000
12.05.20261 BR64.41 252 187
01.05.20261 BR43.8978 245
01.05.20261 BR43.8980 244
01.05.20262 BR85.01 821 349
21.04.20261 BR43.61 100 000
31.03.20261 BR43.71 120 000
31.03.20261 BR43.7630 000
30.03.20261 BR43.71 020 000
30.03.20261 BR43.7663 000
Rentals — 20
DateTypeSize, m²Rent, AED/yr
1bed room+Hall43.774 000
2 bed rooms+hall83.678 462
2 bed rooms+hall83.685 000
1bed room+Hall43.758 000
1bed room+Hall61.555 000
1bed room+Hall43.865 000
2 bed rooms+hall85.095 000
1bed room+Hall44.055 000
1bed room+Hall43.760 000
1bed room+Hall43.865 000
1bed room+Hall43.765 000
1bed room+Hall43.765 000
1bed room+Hall43.665 000
2 bed rooms+hall85.090 000
1bed room+Hall43.860 000
1bed room+Hall43.660 000
2 bed rooms+hall84.990 000
1bed room+Hall44.068 000
1bed room+Hall43.758 000
1bed room+Hall59.760 000

Dubai Land Department transaction registry, updated 2026-08-22. Explore Dubai property transactions →

Registered transactions in Reva by Damac

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

1 080deals since 2015
18 466AED per m², median
49%resale, the rest bought from the developer
-3%over the past year
8.1%gross rental yield

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +4% over the same period, so the building lagged.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
1 bedroom44825 00018 750856
2 bedrooms841 333 00015 869220

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

How the price per square metre moved

From 2022 to 2025 — +13% on the price per square metre in this building. The district moved +36% over the same period, so the building lagged the market.

17 8602018
18 2712019
18 3832020
17 7102021
18 92920221 4327.6%
18 49320231 5128.2%
21 28220241 6677.8%
21 34020251 7058.0%
20 7682026*1 5987.7%

Top to bottom: purchase price per m², year, annual rent per m², gross yield.

All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.

* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

Amenities

  • 24-hour reception
  • Concierge desk
  • Landscaped gardens
  • Temperature-controlled swimming pool
  • Gymnasium
  • Changing rooms
  • Steam rooms
  • Sauna
  • Kids club
  • Covered parking
  • Fully fitted kitchen
  • Yoga/meditation area
  • Outdoor gymnasium
  • Kids pool
  • Water play area
  • Children’s play area
  • Outdoor courtyard
  • Indoor gymnasium
Reva by Damac

About the project

Reva by Damac is a completed residential tower in Business Bay, Dubai, developed by Damac Properties. The 30-storey project contains 604 apartments, with one- and two-bedroom homes on levels 17 to 26. Construction is finished at 100%, with completion recorded on 30 June 2022.

The building and residential setting

Reva by Damac is a single residential tower with a basement, ground floor, three podium levels, 26 upper floors and a roof level. The development is constructed with a concrete structure and blockwork, with internal and external finishes. The tower rises to 30 storeys and its residential apartments are located across levels 17 to 26. Homes have views towards Business Bay and the Dubai Canal, and the project is positioned within the Business Bay district. The building includes ground-floor commercial outlets: Bay Market, a mini mart; Low Calories, a restaurant; and La Punto, a ladies’ salon. Covered parking forms part of the development.

Apartment types and interiors

The project offers one-bedroom and two-bedroom apartments. The one-bedroom apartment type is 474 sq ft, while the two-bedroom apartment type is 901 sq ft. Apartments include fully fitted kitchens. The homes are designed with wide panoramic windows, with views towards the Dubai Creek Canal described for the residences. Interior styling is contemporary and uses neutral shades. The available home types place the focus on compact one-bedroom layouts and larger two-bedroom residences within the same tower. A total of 604 units is recorded for Reva by Damac.

Amenities and shared facilities

Residents have access to a temperature-controlled swimming pool, a separate kids’ pool and a water play area. Fitness and wellness facilities include indoor and outdoor gymnasiums, a yoga and meditation area, changing rooms, steam rooms and a sauna. The project also includes landscaped gardens, an outdoor courtyard and a children’s play area. A kids’ club provides an additional dedicated children’s facility. Service and arrival features include a 24-hour reception and concierge desk. Covered parking is provided within the building. The amenities combine pool, exercise, wellness, landscaped and children’s facilities within the residential development.

Business Bay location

Reva by Damac is in Business Bay, a mixed-use district along the Dubai Canal corridor and immediately southwest of Downtown Dubai. The tower has access to Sheikh Zayed Road and Al Khail Road, and it is close to Downtown Dubai and the Dubai Canal. Cinema City at Address Dubai Mall is 0.7 km away, Paramount Screening Room at Damac Towers by Paramount is 0.9 km away, and Reel Cinemas at Dubai Mall is 1.2 km away. Kidzania is 0.8 km away, PVRK is 1.0 km away and Dubai Ice Rink is 1.1 km away. The Block and Bay Avenue Park are each 1.6 km away, while Action Park Business Bay is 1.7 km away.

Everyday services near the tower

Several grocery, dining and service options are within 0.1 km of Reva by Damac. Fresh Laya Minimart at Vera by Damac and 24 Seven at Damac Maison Canal Views are each 0.1 km away. Restaurants at the same distance include Shawarma Dose at Art 14, plus La Maison Restaurant, Puzatic Restaurant and Saigon at Damac Maison Canal Views. Shefaa Al Madeena Pharmacy at Vera by Damac and Life Pharmacy at Damac Maison Canal Views are each 0.1 km away. The Lab Studios gym is 0.3 km away, while Easy Fit and SafeFit are each 0.5 km away. Zoga Yoga at South Ridge is also 0.5 km away.

Completion and developer

Reva by Damac started on 15 April 2018 and was completed on 30 June 2022. Its construction status is Finished, and the recorded completion ratio is 100.00%. Damac Properties is the developer of Reva by Damac. Damac Properties was founded in 1982 and has operated on real estate projects in the Middle East for over 20 years. Its operations also extend to Saudi Arabia, Jordan, Lebanon, Qatar, Turkey and the United Kingdom. The completed status means the project is no longer in a construction phase.

Service charge, 2026

Approved rate27.28 AED▲ +4.8% per sq ft per year · 294 AED/m²
General / reserve fund25.27 / 2.01AED/sq ft
vs Business Bay median▲ +36.6%median 19.97 · rank 65/82
A 1,000 sq ft unit≈ 27,280 AEDper year · ≈ $7,428

Managed by Luxury Owner Association Management Services Co. · budget 1 Jan 2026 — 31 Dec 2026

History, budget breakdown and nearby buildings →

RERA-approved budget from the DLD service charge index (Mollak) for “Reva Residences”. Total is the general and reserve funds; additional charges are separate.

Frequent questions

Who is the developer of Reva by Damac?
Reva by Damac is developed by Damac Properties.
Where is Reva by Damac located?
The project is located in Business Bay, Dubai, close to Downtown Dubai and the Dubai Canal.
Is Reva by Damac completed?
Yes. Reva by Damac is finished with a recorded completion ratio of 100.00%.
When was Reva by Damac completed?
The recorded completion date is 30 June 2022.
What apartment types are available at Reva by Damac?
The tower offers one-bedroom and two-bedroom apartments. One-bedroom homes are 474 sq ft and two-bedroom homes are 901 sq ft.
How many units are in Reva by Damac?
Reva by Damac contains 604 units in one residential tower.
What amenities does Reva by Damac have?
Amenities include a temperature-controlled pool, kids’ pool, indoor and outdoor gyms, sauna, steam rooms, landscaped gardens, kids’ club and covered parking.
What is near Reva by Damac?
Cinema City at Address Dubai Mall is 0.7 km away, Kidzania is 0.8 km away, and The Block and Bay Avenue Park are each 1.6 km away.
How can I buy an apartment in Reva by Damac?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

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