4-bed · 6,298 sqftLe Reve Tower, Dubai Marina · 22nd floor · completed 2006

2201, Le Reve Tower

Sold prices and rental history: sold 3 times, last in September 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2201 · DLD and Ejari recordsUpdated 26 September 2023
Last soldAED 7M5 September 2021
Current rentAED 150K /yr26 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2201, Le Reve Tower

What is 2201 worth today?

Last sold for AED 7,000,000 in 2021

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26 Sep 2023RentedNew contract
AED 150,000/yr37 months · AED 24 per sqft
26 Sep 2023RentedNew contract · flagged as an outlier
AED 150,000/yr37 months · AED 24 per sqft
5 Sep 2021SoldReady
AED 7,000,000AED 1,111 per sqft
25 Oct 2020RentedRenewal
AED 150,000/yr36 months · AED 24 per sqft
25 Oct 2020RentedRenewal · flagged as an outlier
AED 150,000/yr36 months · AED 24 per sqft
25 Oct 2017RentedRenewal · flagged as an outlier
AED 150,000/yr36 months · AED 24 per sqft
25 Oct 2017RentedRenewal
AED 150,000/yr36 months · AED 24 per sqft
25 Oct 2014RentedNew contract · flagged as an outlier
AED 50,000/yr36 months · AED 8 per sqft

Source: Dubai Land Department. Updated 26 September 2023.

Key facts

Type
4-bed apartment
Size
6,298 sqft
Floor
22nd of 49
Parking
P1/ 25&26
Developer
Xtreme Vision
Completed
2006
Service charge
AED 124,400 /yr
Last sold
AED 7M · September 2021

About 2201, Le Reve Tower

2201 is a four-bedroom apartment of 6,298 sqft on the 22nd floor of Le Reve Tower, a 49-storey tower in Dubai Marina completed in 2006 by Xtreme Vision. It last sold on 5 September 2021 for AED 7,000,000, or AED 1,111 per sqft, in line with the AED 1,111 four-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 26 September 2023, is AED 150,000 a year: a gross yield of 2.1% on the 2021 price, before the service charge of about AED 124,400 a year.

Sales and rents for 2201 over time

Sales
Unit 2201, 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, May 2008: AED 9,602,300 (AED 1,574 per sqft)Sold, October 2008: AED 21,000,000 (AED 3,442 per sqft)Sold, September 2021: AED 7,000,000 (AED 1,111 per sqft)

2201 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2201, each contractTypical four-bed in Le Reve Tower
500K1M2013201720212025Typical 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 875,000Renewal, October 2017: AED 150,000 a yearRenewal, October 2020: AED 150,000 a yearNew contract, September 2023: AED 150,000 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 2201 sits

All 67 4-beds →

2201 last sold in September 2021 at AED 1,111 per sqft, in line with what four-beds in Le Reve Tower were fetching at the time (AED 1,111). 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. 2201's AED 150,000 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 22nd floor

All 81 units in Le Reve Tower
Value
22023-bedAED 15.5M · Jun 2024

2201, Le Reve Tower in numbers

  • Sold 3 times: first on 21 May 2008 for AED 9,602,300, last on 5 September 2021 for AED 7,000,000 (AED 1,111 per sqft).
  • Rented since October 2014 on 7 Ejari contracts, from AED 50,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 2.1%, 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 26 September 2023.

Questions about 2201, Le Reve Tower

What did unit 2201 last sell for?

AED 7,000,000 on 5 September 2021: AED 1,111 per sqft for 6,298 sqft. The unit has 3 registered sales; the first was AED 9,602,300 in May 2008.

What is the rent for unit 2201?

AED 150,000 a year on the contract signed on 26 September 2023. The previous contract, from September 2023, was AED 150,000; the unit has been rented since October 2014.

How big is unit 2201?

6,298 sqft (585.1 sqm): a four-bedroom apartment on the 22nd floor of a 49-storey tower completed in 2006.

What is unit 2201 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.

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Mortgage on 2201, Le Reve Tower

Starts from the last sale price (AED 7M, 5 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 7,000,000
Deposit, UAE resident (20%)
AED 1,400,000
Deposit, non-resident (40%)
AED 2,800,000
Monthly over 25 years at 3.7%
AED 28,639

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