Home
Dubai prices
About
Research
4-bed · 6,298 sqftLe Reve Tower, Dubai Marina · 13th floor · completed 2006

1302, Le Reve Tower

Sold prices and rental history: sold 3 times, last in May 2023, and rented once, from October 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 4 May 2023
Last soldAED 15.35M4 May 2023
Current rentAED 700K /yr15 October 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1302

Property timeline for 1302, Le Reve Tower

What is 1302 worth today?

Last sold for AED 15,350,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 May 2023SoldReady
AED 15,350,000AED 2,437 per sqft
27 May 2015SoldReady
AED 18,500,000AED 2,937 per sqft
15 Oct 2012RentedNew contract
AED 700,000/yr12 months · AED 111 per sqft
23 Jul 2008Sold by developerReady
AED 9,013,564AED 1,477 per sqft

Source: Dubai Land Department. Updated 4 May 2023.

Key facts

Type
4-bed apartment
Size
6,298 sqft
Floor
13th of 49
Parking
P2/ 08&09
Developer
Xtreme Vision
Completed
2006
Service charge
AED 124,400 /yr
Last sold
AED 15.35M · May 2023
Building
Le Reve Tower

About 1302, Le Reve Tower

1302 is a four-bedroom apartment of 6,298 sqft on the 13th floor of Le Reve Tower, a 49-storey tower in Dubai Marina completed in 2006 by Xtreme Vision. It last sold on 4 May 2023 for AED 15,350,000, or AED 2,437 per sqft, in line with the AED 2,395 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 October 2012. The current contract, signed on 15 October 2012, is AED 700,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 124,400 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, each saleTypical four-bed in Le Reve Tower
10M20M2008201320182023Typical sale price by year: 2008 AED 8,725,632; 2009 AED 8,649,904; 2010 AED 8,000,000; 2011 AED 13,300,000; 2012 AED 15,500,000; 2013 AED 20,000,000; 2015 AED 19,000,000; 2017 AED 12,200,000; 2020 AED 6,825,649; 2023 AED 13,000,000; 2024 AED 15,350,000; 2025 AED 17,000,000Sold by developer, July 2008: AED 9,013,564 (AED 1,477 per sqft)Sold, May 2015: AED 18,500,000 (AED 2,937 per sqft)Sold, May 2023: AED 15,350,000 (AED 2,437 per sqft)

1302 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1302, each contractTypical four-bed in Le Reve Tower
500K1M2012201620202024Typical rent by year: 2013 AED 760,000; 2014 AED 562,018; 2015 AED 500,000; 2016 AED 700,000; 2017 AED 180,000; 2018 AED 662,500; 2019 AED 390,000; 2020 AED 390,000; 2021 AED 500,000; 2022 AED 560,000; 2023 AED 775,000; 2024 AED 850,000; 2025 AED 850,000; 2026 AED 875,000New contract, October 2012: AED 700,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Le Reve Tower, and where 1302 sits

All 67 4-beds →

1302 last sold in May 2023 at AED 2,437 per sqft, in line with what four-beds in Le Reve Tower were fetching at the time (AED 2,395). Over the last 12 months four-beds sold for AED 16,000,000 to 20,500,000, around AED 2,853 per sqft, and rent for AED 800,000 to 1,050,000 a year. 1302's AED 700,000 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
29 Oct 202620,500,000
24 Aug 202616,000,000
29 Dec 202518,000,000
26 Sep 202516,000,000
3 4-bed sales in the last 12 months

Le Reve Tower

Building

81 apartments, 2-bed to 8-bed over 49 floors in Dubai Marina, completed in 2006 by Xtreme Vision. 3 sold in the last 12 months.

Typical price per sqft
AED 2,853
Typical sale
AED 18M
Typical rent
AED 850K /yr
Typical yield
4.7%
Le Reve Tower, Dubai Marina: prices, sales and rents →

Other units on the 13th floor

All 81 units in Le Reve Tower
Value
13014-bedAED 15.35M · Jun 2024

1302, Le Reve Tower in numbers

  • Sold 3 times: first on 23 July 2008 for AED 9,013,564, last on 4 May 2023 for AED 15,350,000 (AED 2,437 per sqft).
  • Rented since October 2012 on one Ejari contract, at AED 700,000 a year.
  • At AED 700,000 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 124,400 a year (AED 19.75 per sqft).
  • Four-beds in Le Reve Tower sold for AED 16,000,000–20,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,853 per sqft.

Source: Dubai Land Department. Updated 4 May 2023.

Questions about 1302, Le Reve Tower

What did unit 1302 last sell for?

AED 15,350,000 on 4 May 2023: AED 2,437 per sqft for 6,298 sqft. The unit has 3 registered sales; the first was AED 9,013,564 in July 2008.

What is the rent for unit 1302?

AED 700,000 a year on the contract signed on 15 October 2012.

How big is unit 1302?

6,298 sqft (585.1 sqm): a four-bedroom apartment on the 13th floor of a 49-storey tower completed in 2006.

What is unit 1302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Le Reve Tower sold for AED 16,000,000 to 20,500,000 in the last 12 months, around AED 2,853 per sqft.

Selling 1302? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1302, Le Reve Tower

Starts from the last sale price (AED 15.35M, 4 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 15,350,000
Deposit, UAE resident (20%)
AED 3,070,000
Deposit, non-resident (40%)
AED 6,140,000
Monthly over 25 years at 3.7%
AED 62,802

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →