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YOUR GUIDE TO SMARTER, HIGHER-EARNING PROPERTY MANAGEMENT

Building Guide · Business Bay

DAMAC Reva Residences, Business Bay

A single 30-storey residential tower by DAMAC Properties on Marasi Drive in Business Bay, directly along the Dubai Canal: location, amenities, pricing, and honest short-term rental income potential from Royale Stays' managed portfolio.

Floors

30

Developer

DAMAC Properties

Completed

2022

Units

1-2BR apartments

Area

Business Bay

Waterfront promenade view of Dubai skyscrapers across the canal, representing the Business Bay skyline near DAMAC Reva Residences

About DAMAC Reva Residences

This guide covers Reva Residences, also marketed as DAMAC Reva Residences, a single 30-storey residential tower on Marasi Drive in Business Bay, developed by DAMAC Properties. Construction began around April 2018 and the tower was completed in June 2022. It should not be confused with Reva Heights Residences, a separate DAMAC project nearby with a different 2021 handover and a larger unit-size range of roughly 850 to 3,200 square feet: some listing sites blend data between the two buildings, so this guide describes Reva Residences specifically.

The tower holds approximately 595 apartments across one-bedroom and two-bedroom layouts, ranging from roughly 455 to 917 square feet. Its position directly along the Dubai Canal is the building's clearest differentiator versus other Business Bay towers set back from the water, with many units offering genuine canal views rather than only a district address.


Location & Nearby Landmarks

Reva Residences sits on Marasi Drive in Business Bay, directly along the Dubai Canal, one of Dubai's established mixed-use districts. Royale Stays' own Business Bay area guide covers the wider district in more depth, including how it compares to neighbouring areas for short-term letting.

Dubai Mall is roughly an 8-minute drive away, Burj Khalifa around 7 minutes, and Dubai Opera about 6 minutes, all within comfortable reach for guests. Owners comparing Reva Residences against other Business Bay buildings can also read Royale Stays' guides to Ahad Residences, Millennium Binghatti Residence and DAMAC Towers by Paramount, three other Business Bay buildings currently covered by Royale Stays.


Unit Types

Reva Residences holds approximately 595 apartments in total, limited to one-bedroom and two-bedroom layouts: there are no studios or larger three-bedroom-plus units in this tower. Reported unit sizes range from roughly 455 square feet for a smaller one-bedroom up to about 917 square feet for a larger two-bedroom, though individual units vary within that range depending on layout and floor.

No floor-plan diagrams are included in this guide: floor plans are typically the developer's or broker's proprietary material and have not been independently verified for this guide. Owners and prospective buyers evaluating a specific unit's exact configuration should confirm final measurements and layout directly against the developer's or a licensed broker's record for that unit.


Amenities

Reva Residences offers a temperature-controlled outdoor swimming pool and a fully equipped gym with separate men's and women's changing rooms, sauna and steam rooms. Families are catered for with a dedicated children's play area and a separate kids' pool, alongside landscaped gardens and an outdoor courtyard for residents.

The building provides covered and underground parking, 24-hour security with CCTV coverage, and a concierge service. Ground-floor retail includes a supermarket, useful for guests who prefer to self-cater during a stay. The tower's position directly on Marasi Drive means many units have genuine canal views, one of the building's clearest differentiators versus Business Bay towers set further back from the water.


Transportation & Access

Business Bay Metro Station is roughly a 7-minute drive from Reva Residences, not a walkable distance, so guests without a car should plan around a taxi or ride-hailing trip rather than assume metro access on foot. The nearest bus stop, "Canal Views Hotel Apartments 1," is about a 1-minute walk and served by routes 26, F14, F19B and X22. Al Khail Road is roughly 5 minutes away by car and Sheikh Zayed Road about 7 minutes, giving reasonably quick access to the wider city by road.


Royale Stays has not independently confirmed rents specific to Reva Residences in this pass, so the figure below describes Business Bay's rental market at an area level rather than this particular tower. Per Bayut's reporting, the average Business Bay apartment rent reached AED 128,021 per year in 2025, up 18.2 percent year-on-year. Service charges for Reva Residences have not been confirmed via Dubai Land Department's Mollak index in this pass: broker-reported estimates from portals such as Bayut and fam Properties put the range at approximately AED 24 to 25 per square foot per year, though this figure should be treated as indicative rather than an authoritative Mollak-sourced number.

Owners weighing a specific unit's earning potential against this area-level rental trend can run their own numbers through Royale Stays' Dubai property ROI calculator.


Airbnb / Short-Term Rental Income Potential

Reva Residences' canal-front position in Business Bay is a genuine asset for short-term letting: guests booking a stay in this part of Dubai are typically drawn to walkable access to Downtown Dubai and the Dubai Canal's dining and promenade options nearby, and a canal-view listing photo generally performs better than a standard district-facing unit in the same building.

The building's own short-term letting policy and a valid DTCM holiday home permit are the starting requirements for any owner considering Airbnb here, the same as anywhere else in Dubai. Royale Stays' guide to the Dubai holiday home permit covers what that process generally involves.

Royale Stays manages the full furnishing, photography, pricing, check-in and guest communications process for owners who prefer not to handle it directly, and our guide to what separates a strong Airbnb management company from a weak one sets out what to look for when comparing operators. Owners ready to move forward can submit their property for a management review.

Income context reflects Royale Stays' own managed-portfolio experience across Business Bay, reviewed by Chris Veinbaums, DTCM-licensed operator.



Questions

Frequently Asked Questions

Reva Residences, also marketed as DAMAC Reva Residences, is a single 30-storey residential tower on Marasi Drive in Business Bay, developed by DAMAC Properties. Construction began around 2018 and the tower was completed in June 2022, with roughly 595 one and two-bedroom apartments directly along the Dubai Canal.
No. Reva Residences and Reva Heights Residences are two separate DAMAC projects in Business Bay. Reva Heights Residences has a different handover, 2021, and a larger unit-size range of roughly 850 to 3,200 square feet, compared with Reva Residences' 455 to 917 square foot one and two-bedroom units. Some listing sites blend data between the two, so it's worth confirming which building a specific listing actually refers to.
The tower has 30 floors and approximately 595 apartments, limited to one-bedroom and two-bedroom layouts ranging from roughly 455 to 917 square feet. There are no studios or larger units in this building.
Amenities include a temperature-controlled outdoor swimming pool, a gym with separate men's and women's changing rooms, sauna and steam rooms, a children's play area and kids' pool, landscaped gardens, covered and underground parking, 24-hour security with CCTV, concierge service, and ground-floor retail including a supermarket.
Owners of an independently owned unit at Reva Residences can generally pursue short-term letting provided the building's own policy allows it and the owner holds a valid DTCM holiday home permit. Royale Stays manages Business Bay short-term rentals from a fee starting at 15% of gross booking revenue, covering furnishing, photography, pricing, check-in and guest communications. Owners can submit a property for a management review to check eligibility and earning potential.