Dubai Land Department Off-Plan Register

Reva Residences Launch Prices

Off-plan in Business Bay · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

551 developer launch sales registered at Reva Residences between Apr 2018 and Jun 2022: 100% apartments, most commonly 1-bed units, typically around 471 sqft.

Launch sales
551
DLD off-plan registrations, all time
Median launch /sqft
AED 1,683
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 525,0001,553,000
Min – max registered

Bed mix: 1-bed 77% · 2-bed 23%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Reva Residences, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2018 Q285AED 852
2018 Q326AED 1,654
2018 Q487AED 1,715
2019 Q174AED 1,718
2019 Q264AED 1,693
2019 Q317AED 1,683
2019 Q460AED 1,679
2020 Q124AED 1,754
2020 Q23AED 1,421
2020 Q31AED 1,115
2020 Q43AED 1,628
2021 Q13AED 1,708
2021 Q24AED 1,573
2021 Q37AED 1,636
2021 Q46AED 1,498
2022 Q127AED 1,848
2022 Q260AED 1,783
Two different markets

Launch vs Resale

Reva Residences also has 315 ready-market resales registered with the DLD, the first on 12 September 2022 - 53 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
315
113 in the last 2 years
Resale median /sqft
AED 2,118
last 2 years
Resale vs launch
+26%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Reva Residences →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
471 sqft · 28 June 2022
AED 842,100
AED 1,789 /sqft
Apartment · 2 Bed
914 sqft · 28 June 2022
AED 1,370,250
AED 1,499 /sqft
Apartment · 1 Bed
471 sqft · 24 June 2022
AED 939,750
AED 1,993 /sqft
Apartment · 1 Bed
471 sqft · 22 June 2022
AED 903,000
AED 1,918 /sqft
Apartment · 1 Bed
471 sqft · 20 June 2022
AED 899,000
AED 1,910 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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Other Off-Plan Projects in Business Bay

Off-plan in Business Bay

Compare this project with every other off-plan launch registered in Business Bay, or see the community's resale market.

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