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 | - | ₹2.05 Cr | Completed | |
| 2 BHK | - | ₹3.32 Cr | Completed |
Amenities
Indoor
- Indoor gymnasium
- Multi-use area (yoga / meditation)
- Lift lobby / concierge
Outdoor
- Main swimming pool
- Kids' swimming pool
- Wet play area
- Outdoor gym
- Children's play area
- Outdoor courtyard
- Landscaped pool deck
Parking
- Covered parking
Security
- 24-hour security
Other
- Dubai Water Canal views
- Private balconies
- Retail outlets at podium
Property Information
- Community: Business Bay
- Project Name: DAMAC Reva Residences
- Listing Price: Starting from ₹2.05 Cr
- List Date: Aug 26, 2026
- Listing ID: AVA001027
- Status: Completed
- Security: 24/7 security
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
- Property Tax Jurisdiction: UAE - 0% property tax on residential
About the developer
DAMAC Properties is a Dubai-headquartered residential developer founded in 2002 by Hussain Sajwani, and one of the largest private developers in the UAE. It builds master communities and towers in Dubai and internationally, and is known for fashion-branded residences developed with houses such as Versace and Cavalli. The company was previously listed on the Dubai Financial Market and is now privately held by the Sajwani family.
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
Around this home
The home plus curated, verified places nearby — each with its own guide.
Ownership economics
Will this home pay for itself?
1Buy
What you pay to own it.
2Earn
What it brings in as a holiday rental.
3Grow
What it could be worth.
Social Infrastructure
Key education, healthcare, and dining amenities near this property.