DAMAC Reva Residences
- AVA001027Reva Residences (Reva Tower), Marasi Drive, Business Bay, Dubai, United Arab Emirates
DAMAC Reva Residences
- AVA001027Reva Residences (Reva Tower), Marasi Drive, Business Bay, Dubai, United Arab Emirates
DAMAC Reva Residences (Reva Tower) is a completed, waterfront residential tower by DAMAC Properties located along Marasi Drive in the heart of Business Bay, Dubai. Rising around 30 storeys beside the Dubai Water Canal, the building delivers contemporary 1 and 2-bedroom apartments, each with a private balcony, floor-to-ceiling glazing and elegant, fully-fitted interiors. Residents enjoy an amenity deck with a main swimming pool and separate kids' pool, a wet play area, an indoor gymnasium and outdoor gym, a landscaped outdoor courtyard, a children's play area and a multi-use area for yoga and meditation, all set above a retail podium. The Business Bay location places residents minutes from Downtown Dubai, the Burj Khalifa, The Dubai Mall and the Business Bay Metro Station, with the canal-side promenade, cafes and waterfront leisure directly on the doorstep. The project completed in 2022 and a number of units are now available at promotional prices for a limited period. Prices are quoted in AED and are valid for limited-time promotional periods only and subject to change without prior notice.
Property Details
- Micro-market
- Business Bay / Dubai
- Configuration
- Apartment
- Property Type
- Apartment
- Built-up Area
- 466 sq ft
- Status
- Completed
Project Timeline
Key milestones for this project, updated as the developer confirms them.
Project announcement
Booking Started
Construction Started
Completion
Available Properties
Project variants for under-construction developments — unit types, sizes, starting prices and possession dates.
Inventory Type
| Variant | Size | Starting Price | Possession | CTA |
|---|---|---|---|---|
| 1 BHK | — | AED 787K | Completed | |
| 2 BHK | — | AED 1.27M | Completed |
Property Information
- Community: Business Bay
- Project Name: DAMAC Reva Residences
- Listing Price: AED 787K
- List Date: Aug 26, 2026
- Days on Market: 0
- Listing ID: AVA001027
- Status: Completed
- Security: 24/7 security
- Parking: Covered parking
- Pool: Main swimming pool; kids' pool
Legal Information
Indicative legal & tax information based on available documents; verify with your lawyer before transacting.
- RERA Applicable
- Yes
- Occupancy Certificate
- No
- Authority
- Dubai Land Department (RERA)
- Fire NOC
- No
Can you own this, and how?
Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.
I am buying as:
- Status
- Permitted, freehold anywhere in Dubai
- What you actually hold
- You hold freehold title registered with the Dubai Land Department. There is no area restriction on where you may own.
- Key rules and restrictions
- GCC nationals are treated on the same footing as UAE nationals for ownership purposes.
- A company owned wholly by GCC nationals gets the same treatment.
- Some master communities impose their own transfer conditions through the developer.
- Funds and process
- Pay through UAE banking channels. The transfer completes at a Dubai Land Department trustee office where the title deed is issued on the day.
- Taxes
- The Dubai Land Department transfer fee is 4% of the price, split 2% each in law but paid in full by the buyer in most deals, plus a trustee office fee and a title deed issuance fee. There is no annual property tax and no capital gains tax in the UAE.
- Verify before you buy
- Get a title deed copy and check it against the Dubai REST app.
- Ask for the developer no-objection certificate confirming service charges are clear.
Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in the UAE before you commit.
Investment Information
- Type: Completed DAMAC Business Bay tower; furnished apartments at promotional prices
- Capital Appreciation: 8%
- Property Tax Jurisdiction: UAE - 0% property tax on residential
Location
Reva Residences (Reva Tower), Marasi Drive, Business Bay, Dubai, United Arab Emirates
- Airport: DXB International Airport - 15 km
- Metro: Business Bay Metro Station - 3 km
- Highway: Sheikh Zayed Road
- Hospital: Aster Clinic - 3 km
- Shopping: Bay Avenue Retail District - 3 km
Nearby Attractions
Fine-grained ratings and travel times for popular spots nearby.
| Rating | Attraction | Type | Best Time to Visit | Distance |
|---|---|---|---|---|
| — | Dubai Canal | Waterfront Promenade | Evening | 0 km |
| — | Fountains at Dubai Mall | Leisure Destination | Evening | 1.3 km |
| — | Burj Khalifa | Landmark | Sunset | 1.36 km |
| — | The Dubai Mall | Shopping Mall | — | 1.78 km |
| — | La Perle by Dragone | Theater | Evening | 4.8 km |
Investment Calculator
Calculate your EMI, returns and investment potential
₹5,122.327
per month
20 years • 8.5% interest • Fixed rate
₹5K
Monthly EMI
Investment Returns
8%
Expected ROI
0%
Rental Yield
Bank Interest Rates
Investment Summary
This calculator is for illustrative purposes only.
Rental Yield Calculator
Calculate potential returns on rental property investments
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Net Rental Yield
8.1%
Monthly Income
₹5K
Rental Breakdown
This calculator is for illustrative purposes only. Actual returns depend on market conditions, property management, and occupancy.
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