4-bed · 6,100 sqftLe Reve Tower, Dubai Marina · 32nd floor · completed 2006

3201, Le Reve Tower

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3201 · DLD and Ejari recordsUpdated 1 April 2021
Last soldAED 9.12M27 July 2009
Current rentAED 100K /yr1 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3201, Le Reve Tower

What is 3201 worth today?

Last sold for AED 9,122,185 in 2009

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1 Apr 2021RentedRenewal · flagged as an outlier
AED 100,000/yr24 months · AED 16 per sqft
1 Apr 2019RentedRenewal · flagged as an outlier
AED 100,000/yr24 months · AED 16 per sqft
1 Apr 2017RentedNew contract · flagged as an outlier
AED 100,000/yr24 months · AED 16 per sqft
1 Nov 2014RentedNew contract · flagged as an outlier
AED 100,000/yr12 months · AED 16 per sqft
27 Jul 2009Sold by developerReady
AED 9,122,185AED 1,495 per sqft

Source: Dubai Land Department. Updated 1 April 2021.

Key facts

Type
4-bed apartment
Size
6,100 sqft
Floor
32nd of 49
Parking
M/ 31&32
Developer
Xtreme Vision
Completed
2006
Service charge
AED 120,500 /yr
Last sold
AED 9.12M · July 2009

About 3201, Le Reve Tower

3201 is a four-bedroom apartment of 6,100 sqft on the 32nd floor of Le Reve Tower, a 49-storey tower in Dubai Marina completed in 2006 by Xtreme Vision. The developer sold it on 27 July 2009 for AED 9,122,185, or AED 1,495 per sqft, 4% above the AED 1,435 four-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 1 April 2021, is AED 100,000 a year: a gross yield of 1.1% on the 2009 price, before the service charge of about AED 120,500 a year.

Sales and rents for 3201 over time

Sales
Unit 3201, 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 2009: AED 9,122,185 (AED 1,495 per sqft)

3201 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3201, 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 875,000

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 3201 sits

All 67 4-beds →

3201 last sold in July 2009 at AED 1,495 per sqft, 4% above what four-beds in Le Reve Tower were fetching at the time (AED 1,435). 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. 3201's AED 100,000 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 32nd floor

All 81 units in Le Reve Tower
Value
32023-bedAED 19.5M · Mar 2008

3201, Le Reve Tower in numbers

  • Sold once: by Xtreme Vision on 27 July 2009 for AED 9,122,185, or AED 1,495 per sqft.
  • Rented since November 2014 on 4 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2009 price is 1.1%, before a service charge of about AED 120,500 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 1 April 2021.

Questions about 3201, Le Reve Tower

What did unit 3201 last sell for?

AED 9,122,185 on 27 July 2009, sold by the developer: AED 1,495 per sqft for 6,100 sqft. It is the only registered sale of the unit.

What is the rent for unit 3201?

AED 100,000 a year on the contract renewed on 1 April 2021. The previous contract, from April 2019, was AED 100,000; the unit has been rented since November 2014.

How big is unit 3201?

6,100 sqft (566.7 sqm): a four-bedroom apartment on the 32nd floor of a 49-storey tower completed in 2006.

What is unit 3201 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 3201, Le Reve Tower

Starts from the last sale price (AED 9.12M, 27 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 9,122,185
Deposit, UAE resident (20%)
AED 1,824,437
Deposit, non-resident (40%)
AED 3,648,874
Monthly over 25 years at 3.7%
AED 37,322

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