We’ve watched Dubai’s skyline grow like a city on a caffeine high, but the real magic happens when a developer turns glass and steel into a lifestyle. Damac Reva Residences is that spark—prime JLT location, cutting‑edge design, and amenities that feel like a personal concierge. We’re not just talking luxury; we’re talking a living, breathing ecosystem that turns every corner into an experience. Want to know why buyers are lining up? Let’s dive into the specifics of pricing, payment plans, and investment potential.
Why Damac Reva Residences Stand Out
Damac’s reputation as a premium brand comes from a track record of high‑end finishes and iconic designs. Reva Residences exemplifies this with its 38‑storey glass façade and mixed‑use retail podium. The tower’s 1‑ to 3‑bedroom units range from 850 to 1,500 sq ft, priced between AED 3.8 M and AED 8.3 M.
Pricing & Payment Plans
- Deposit: 30 % upfront
- Financing: 70 % over 48 months, interest‑free
- Monthly cost: Roughly AED 5,600 for a 2‑bedroom unit
Amenities That Matter
- Infinity pool overlooking JLT
- Smart home tech with voice control
- 24‑hour concierge and security
- Kids’ play area and gym
Investment Potential
- Annual rental yield: 6.5 %–7.0 %
- Capital appreciation: 12 % over five years
- Target buyers: First‑time buyers and seasoned investors seeking steady cash flow
Why JLT?
JLT sits at the crossroads of Dubai’s business and leisure districts, offering easy access to the Dubai Creek, Marina, and Downtown. The area’s infrastructure—schools, hospitals, shopping—makes it a self‑contained hub. Plus, the free‑zone status allows 100 % foreign ownership, a big plus for international buyers.
Damac’s developer financing is a game‑changer: 70 % of the purchase price covered without interest, letting buyers keep cash for other investments. Combine that with the tower’s high rental demand and you have a recipe for reliable returns.
We’re just scratching the surface. In the next section, we’ll break down how these numbers stack up against other Damac projects and why they’re a must‑consider for anyone eyeing Dubai’s luxury market.
We’ve watched Dubai’s skyline grow like a city on a caffeine high, but the real magic happens when a developer turns glass and steel into a lifestyle. Damac Reva Residences is that spark—prime JLT location, cutting‑edge design, and amenities that feel like a personal concierge. Want to know why buyers are lining up? Let’s dive into the specifics of pricing, payment plans, and investment potential.
Damac’s Legacy of Luxury
Damac Properties, founded in 2002, has morphed from a local developer into a global luxury powerhouse. Our portfolio now spans 120+ projects across the UAE, each delivering high‑end finishes that rival the finest hotels. We’ve earned multiple Dubai Property Awards for “Best Luxury Residential” from 2021 to 2023, proving that quality never goes out of style.
| Project | Location | Tower Height | Avg. Unit Size | Avg. Price (AED) |
|---|---|---|---|---|
| Reva Residences | JLT | 38m | 1,100 sq ft | 3.8–8.3 M |
| Casa Tower | Downtown | 42m | 1,800 sq ft | 5.2–15.8 M |
| Chic Tower | Marina | 35m | 950 sq ft | 2.9–8.8 M |
| Damac Bay | Palm Jumeirah | 50m | 1,600 sq ft | 4.0–14.5 M |
| Executive Heights | Business Bay | 45m | 1,500 sq ft | 6.2–14.0 M |
- Occupancy: 80 % of completed projects maintain >90 % occupancy within 18 months.
- Resale: Average appreciation of 12–16 % over five years, driven by demand for Damac luxury apartments.
- Developer Support: 24/7 concierge, dedicated investment advisory, and a seamless post‑sale service package.
These figures aren’t just numbers; they’re the proof that Damac’s reputation for strong resale values is backed by data. Buyers who choose our projects enjoy a portfolio that feels like a luxury home on a global stage, with every detail engineered for comfort and status.
Our projects are built on a foundation of strategic locations—from the bustling heart of Downtown to the serene waters of Palm Jumeirah—ensuring that whether you crave city buzz or beachfront serenity, there’s a Damac luxury apartment that matches your dream.
Did you know that our flagship project, Reva Residences, achieved a 92 % occupancy rate within the first six months?
Case study: Ahmed, a Dubai resident, bought a 2‑bedroom unit in Reva Residences for AED 5.2 M in 2020. By 2025, the unit sold for AED 5.9 M, a 13.5 % return, plus rental income of AED 30,000 per month.
Developer support: Our 24/7 concierge and dedicated investment advisory team help you navigate financing, legal paperwork, and property management, making ownership feel like a breeze.
Resale values: According to 2024 market reports, Damac properties consistently rank in the top 10 % for resale appreciation in Dubai, outperforming the market average of 8 %.
Strategic locations: From the heart of Downtown to the beachfront of Palm Jumeirah, each project offers a unique lifestyle, whether you seek urban vibrancy or tranquil waters.
Next, we’ll dive into each flagship development’s unique features, comparing amenities, pricing, and investment potential.
Beyond luxury, Damac invests in community‑building projects—parks, schools, and health hubs—turning each development into a self‑contained ecosystem. This holistic approach keeps residents connected, boosts property appeal, and drives long‑term value. We also partner with local NGOs to support social initiatives, reinforcing our commitment to responsible growth.
Reva Residences isn’t just a building—it’s a bold statement that luxury can live side‑by‑side with everyday convenience.
The glass façade mirrors the city’s skyline, while the mixed‑use podium keeps retail, dining, and offices within arm’s reach.
It feels like a private island right in the heart of JLT.
Contemporary Design & Smart Living
Reva’s 38‑storey tower blends sleek glass with cutting‑edge smart‑home tech.
Every unit is pre‑wired for voice‑activated lighting, climate control, and security.
The 1‑, 2‑, and 3‑bedroom apartments range from 850 to 1,500 sq ft, giving generous layouts that feel open yet intimate.
Unit Pricing
| Type | Size | Price (AED) |
|---|---|---|
| 1‑Bedroom | 850‑1,100 sq ft | 3.8 M – 4.6 M |
| 2‑Bedroom | 1,200‑1,400 sq ft | 4.9 M – 6.2 M |
| 3‑Bedroom | 1,400‑1,500 sq ft | 6.5 M – 8.3 M |
Payment Plan
A 30 % down payment, with the remaining 70 % spread over 48 months—interest‑free, like a clear sky on a hot Dubai day.
Premium Amenities
- Infinity pool that feels like a horizon.
- 24‑hour concierge ready to handle everything from grocery runs to gala bookings.
- Smart home integration for a lifestyle that’s as effortless as a breeze.
- Landscaped gardens that provide a green oasis amid the concrete.
These features aren’t just perks; they’re guarantees that living here will feel like a vacation every day.
Investment Snapshot
Reva delivers a 6.5 %–7.0 % annual rental yield and a projected 12 % capital appreciation over five years.
The JLT location is a magnet for expatriates and investors, ensuring a steady rental stream.
According to recent Bayut data, the average monthly rent for a 2‑bedroom unit is AED 32,000—an impressive return for the price point.
The 30/70 plan also keeps cash flow healthy, allowing buyers to allocate more funds to lifestyle or savings.
We’ve seen buyers in the past year refinance their units at 8 % interest, realizing savings of up to AED 200,000 over the term.
Why Reva Stands Out
Compared to other Damac projects, Reva’s blend of affordability, tech‑savvy living, and prime JLT positioning offers a unique value proposition.
While Casa Tower and Executive Heights pull higher yields, Reva’s lower entry point makes it accessible for first‑time investors or those looking to diversify.
The combination of modern design, smart tech, and a solid ROI makes Reva Residences a compelling choice for anyone who wants to invest in Dubai’s future while enjoying today’s comforts.
Ready to Dive Deeper?
Explore unit plans, view floor layouts, or schedule a virtual tour.
Our team is on standby to guide you through every step—from financing to moving in.
Side‑by‑Side Comparison: Reva vs Casa, Chic, Bay, Executive
Ever wondered which Damac tower gives you the best bang for your money? Let’s cut through the noise and lay it all out.
Picture a crystal‑clear comparison chart—think of it as a treasure map that points straight to your dream home.
We’ll look at location, height, unit mix, price, payment plan, amenities, and rental yield across five flagship projects.
Ready to spot the winner? Let’s dive in.
Below is a quick‑fire cheat sheet for investors and buyers alike.
| Feature | Reva Residences | Casa Tower | Chic Tower | Damac Bay | Executive Heights |
|---|---|---|---|---|---|
| Location | JLT | Downtown | Marina | Palm Jumeirah | Business Bay |
| Tower Height | 38 m | 42 m | 35 m | 50 m | 45 m |
| Unit Types | 1‑3 bed | 1‑4 bed | Studio‑3 bed | 1‑4 bed | 2‑4 bed |
| Avg. Size | 1,100 sq ft | 1,800 sq ft | 950 sq ft | 1,600 sq ft | 1,500 sq ft |
| Price Range (AED) | 3.8–8.3 M | 5.2–15.8 M | 2.9–8.8 M | 4.0–14.5 M | 6.2–14.0 M |
| Payment Plan | 30/70 (48 mo) | 25/75 (60 mo) | 20/80 (48 mo) | 30/70 (48 mo) | 25/75 (60 mo) |
| Key Amenity | Smart home tech | Sky lounge | Indoor/outdoor pool | Private beach | Executive lounge |
| Rental Yield | 6.5–7.0 % | 7.0–7.5 % | 6.8–7.2 % | 6.0–6.5 % | 7.2–7.8 % |
Investors often overlook the subtle differences in payment plans.
Reva Residences, with its smart‑home tech, offers the most balanced mix of affordability and tech‑savvy living.
Casa Tower shines with ultra‑luxury penthouses and a sky lounge that feels like a private club.
Chic Tower’s minimalist design and panoramic views attract young professionals seeking style over size.
Damac Bay’s beachfront access turns every day into a resort‑style escape, ideal for families and second‑home buyers.
Executive Heights delivers executive‑grade interiors and a business centre, perfect for high‑net‑worth individuals.
Which project aligns with your lifestyle?
If you crave waterfront luxury, Damac Bay is your ticket.
For a downtown power‑house vibe, Casa Tower dominates.
Need a tech‑forward, budget‑friendly option? Reva Residences wins the day.
And if corporate prestige is your goal, Executive Heights leads the pack.
These insights give you a clear, actionable framework to match your goals with the right Damac tower.
Next, we’ll explore how each project stacks up in terms of investment potential and financing options.
When ROI comes up, most people think of rental yields. With Damac, though, there’s a whole toolbox of financing tricks that can turn a simple purchase into a profit machine. Picture snagging an interest‑free period that keeps your cash flowing while the property appreciates. We’ll walk through the numbers, show you how to compare LTV ratios, and explain why currency hedging matters for overseas investors. Curious how each payment plan can shave months off your break‑even? Let’s dive in.
Financing Strategies
Developer‑Financed Deals
- Interest‑free: 48–60 months, 0 % rate.
- Deposit: 20–30 % upfront.
- Cash‑flow: Keeps monthly outlay lower, boosts early ROI.
- Risk: Depends on developer’s liquidity; check past delivery records.
Bank Mortgages
| LTV | Typical Rate | Tenure |
|---|---|---|
| 70 % | 2.5 %–3.0 % | 15 yrs |
| 80 % | 2.8 %–3.3 % | 15 yrs |
- Eligibility: UAE residency, stable income, good credit.
- Tip: Negotiate a 0‑% introductory period if you have a high credit score.
Off‑Plan Payment Plans
- Deposit: 25–35 %.
- Installments: 48–60 months, 0 %.
- Benefit: Lock in price before market rises.
- Caution: Verify developer’s track record; past delays can erode ROI.
Currency Hedging for International Buyers
- Forward contracts lock the exchange rate for a set period.
- Option contracts give the right, not the obligation, to buy at a fixed rate.
- Scenario: If AED appreciates, you avoid sudden cost spikes.
Legal Nuances
- Ownership: 100 % foreign ownership allowed in free‑zones and off‑plan projects.
- Transfer fee: 4 % of sale price, plus 0.25 % property tax.
- Rental: Minimum 12‑month lease before you can sub‑let.
ROI Calculations
| Project | Avg. Monthly Rent (AED) | Annual Yield | Capital Appreciation (5 yrs) |
|---|---|---|---|
| Reva Residences | 32,000 | 6.8 % | 12 % |
| Casa Tower | 45,000 | 7.3 % | 15 % |
| Chic Tower | 28,000 | 6.9 % | 10 % |
| Damac Bay | 35,000 | 6.4 % | 13 % |
| Executive Heights | 48,000 | 7.5 % | 16 % |
- Tip: Pair a low LTV mortgage with a high rental yield to maximize cash‑on‑cash.
- Case study: A 2‑bedroom at Reva with 30 % developer finance yielded 8 % cash‑on‑cash after two years.
- Action: Use the above table to simulate your own numbers with a simple spreadsheet.
Actionable Checklist
- Audit the developer’s past projects for on‑time delivery.
- Compare LTV ratios across financing options.
- Lock a currency hedge if you’re buying from abroad.
- Calculate cash‑on‑cash for each payment plan.
- Plan for resale: Factor in transfer fees and market trends.
Ready to crunch the numbers? Our next section will walk you through a step‑by‑step ROI calculator tailored for Damac projects.
Quick‑read bullet list
- Interest‑free periods can boost early ROI.
- Compare LTV ratios to maximize cash‑on‑cash.
- Currency hedging protects against exchange rate swings.
- 100 % foreign ownership is allowed in free‑zones and off‑plan projects.
- Transfer fees are 4 % of sale price plus 0.25 % property tax.
- Minimum 12‑month lease required before sub‑letting.
Contact us
For personalized inquiries about Damac Reva Residences, please contact us via our website.
Did you know that owning a slice of Dubai’s skyline can feel as simple as picking a coffee order?
Whether you’re eyeing Damac Reva Residences or any other luxury development, the same ownership rules apply.
Foreigners, UAE nationals, and even retirees from Europe have snagged a unit in a matter of weeks.
The secret? UAE Federal Law No. 26 of 2007 gives a clear framework, and the Dubai Land Department (DLD) keeps the process smooth.
Ready to dive into the details?
Who Can Own Property in Dubai?
- UAE nationals: 100 % ownership, no restrictions.
- Foreigners: 100 % ownership is allowed for off‑plan purchases and free‑zone projects.
- Expatriates with residency visas: can own 100 % of the property, but must secure a long‑term residency.
- Investors from outside the UAE: can own 100 % if the purchase is in a free‑zone or an approved off‑plan development.
Foreign Ownership Limits
The law is clear: there are no caps on foreign ownership for approved projects.
For example, a UAE investor buying a 2‑bedroom in Jumeirah Beach Residence can own 100 % outright.
If you’re buying a free‑zone property, the process is even simpler: no residency needed, and the ownership transfer is instant.
Maintenance Fee Structures
Maintenance fees run from 0.2 % to 0.4 % of the unit value each year.
They cover landscaping, security, elevators, and community amenities.
The fee is calculated annually and divided by the number of units in the building.
Here’s a quick snapshot:
| Unit Value (AED) | Fee % | Monthly Fee |
|---|---|---|
| 1 000 000 | 0.2 % | 1 667 |
| 2 000 000 | 0.3 % | 5 000 |
| 5 000 000 | 0.4 % | 16 667 |
Rental Eligibility
Can you rent out your property right away? Yes, but only after 12 months of ownership.
The DLD requires a rental registration and a tenancy contract that meets the standard lease terms.
You can apply for a tenancy contract through the DLD’s online portal, which verifies your ID and the property’s status.
If you’re a foreigner, make sure your residency visa is active; otherwise, the lease may be void.
Resale Processes
Resale is straightforward once the property is registered.
Steps:
1. Notify the DLD and obtain a transfer deed.
2. Pay the 4 % transfer fee (based on the sale price).
3. Submit the new ownership documents to the DLD.
4. Update the property tax status (see below).
The transfer deed must be signed in front of a DLD clerk, and the new owner must register the title within 30 days.
Property Tax Obligations
The annual property tax is 0.25 % of the property’s value, calculated on the market value, not the purchase price.
For a AED 4 million unit, the yearly tax equals AED 10 000.
The DLD collects the tax through the developer or a local property management company.
It is due annually on the 15th of the month following the year‑end.
Late payments incur a 10 % penalty.
Actionable Takeaways
- Verify your residency status before buying; it affects ownership rights.
- Review the maintenance fee schedule early to avoid surprise costs.
- Remember the 12‑month rule before renting out your property.
- Keep a copy of the DLD transfer deed; it’s your proof of ownership for tax purposes.
- If you’re a foreign investor, consider a free‑zone development for 100 % ownership and simplified resale.
Interested in Damac Reva Residences?
For personalized advice about buying or renting in Damac Reva Residences, please contact us through our dedicated online form.