Reva Residences Business Bay: Holiday Homes

Reva Residences, Marasi Drive

Reva Residences is a residential tower by DAMAC Properties on Marasi Drive, the road that follows the Dubai Canal through Business Bay. Its homes are one-bedroom and two-bedroom apartments, and many look over the canal or towards the Downtown skyline.

The canal promenade is on the doorstep, with its cafés and walking and cycling path, and Downtown Dubai, The Dubai Mall and the Burj Khalifa are a short drive away.

Why one-bedroom apartments let well here

The one-bedroom apartment is the easiest home to keep busy in Business Bay. It suits a couple on holiday, a solo traveller who wants space, and a professional in Dubai for a few weeks, so it draws from more kinds of guest than a studio or a large family home.

A two-bedroom apartment opens the door to small families and colleagues travelling together, who would otherwise need two hotel rooms. We describe and price each layout for the guest it fits best rather than treating them alike.

Nightly and monthly guests

Nightly guests come mostly in the cooler months and around the city's big events: visitors who want to be near Downtown, with a kitchen and a view, without paying hotel prices.

Monthly guests come all year. Business Bay is one of Dubai's main office districts, so there is steady demand from people relocating while they look for a permanent home, consultants on a project and companies placing staff. That keeps a home occupied through the summer, when holiday bookings are quieter.

We run each home by the night when short stays pay best and by the month when long-stay demand is stronger, and we tell you which mix we expect before you commit.

Can I put my Reva Residences apartment on Airbnb?

Yes, as a licensed holiday home. Every home let by the night in Dubai needs a holiday home permit from the Department of Economy and Tourism, and the building's management has to allow short stays. We check your unit against the building's current rules first, then register it under fäm Living's operator licence as part of onboarding.

Once it is live, we list it on Airbnb, Booking.com and our own site, set the price night by night, check every guest in, clean between stays and pay you out each month.

Short stays or a yearly tenant

A yearly tenant means one contract, a fixed rent and little to manage. The rent stays where it was set whatever the market does, and you cannot use the apartment yourself.

A holiday home takes more work, which is what a manager is for. The price moves with demand, the apartment is cleaned and checked after every stay, and you can block dates whenever you want to stay. Income varies by season, and there are running costs a yearly tenant would normally cover, such as utilities, internet and cleaning.

A monthly guest in a licensed holiday home is a booking, not a tenancy, so the apartment comes back to you when the stay ends. If a yearly tenant suits your plans better, we will say so.

What fäm Living does for an owner here

We handle the permit, the furnishing and inventory, the photographs and the listings. Every guest is screened before arrival and checked in by our own team, the home is cleaned and the linen changed after every booking, and maintenance is handled before it reaches you.

Our office is in Business Bay and our teams are in the district every day. On Marasi Drive itself we also run homes in Elite Business Bay Residence, so this stretch of the canal is ground we know well. You see every booking, statement and payout in the owner portal.

If the apartment needs furnishing or a refresh before it can be let, that is part of what we do. We tell you what we would buy or change, and why, before anything is ordered.

Before you decide

What your apartment could earn depends on its size, floor, view and condition, and on the season. We quote from what comparable homes in Business Bay have actually booked rather than from a rule of thumb.

Our terms are agreed per property and set out in writing after a free consultation, before you sign anything.