Home
Dubai prices
About
Research
4-bed · 6,298 sqftLe Reve Tower, Dubai Marina · 34th floor · completed 2006

3401, Le Reve Tower

Sold prices and rental history: sold twice, last in March 2013, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3401 · DLD and Ejari recordsUpdated 1 February 2020
Last soldAED 19M14 March 2013
Current rentAED 530K /yr1 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 3401

Property timeline for 3401, Le Reve Tower

What is 3401 worth today?

Last sold for AED 19,000,000 in 2013

Unlock today's estimate, updated daily, with

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

1 Feb 2020RentedNew contract
AED 530,000/yr24 months · AED 84 per sqft
1 Aug 2017RentedNew contract · flagged as an outlier
AED 10,000/yr12 months · AED 2 per sqft
14 Mar 2013SoldReady
AED 19,000,000AED 3,016 per sqft
6 Apr 2008Sold by developerReady
AED 7,370,000AED 1,208 per sqft

Source: Dubai Land Department. Updated 1 February 2020.

Key facts

Type
4-bed apartment
Size
6,298 sqft
Floor
34th of 49
Parking
P2/ 48&49
Developer
Xtreme Vision
Completed
2006
Service charge
AED 124,400 /yr
Last sold
AED 19M · March 2013
Building
Le Reve Tower

About 3401, Le Reve Tower

3401 is a four-bedroom apartment of 6,298 sqft on the 34th floor of Le Reve Tower, a 49-storey tower in Dubai Marina completed in 2006 by Xtreme Vision. It last sold on 14 March 2013 for AED 19,000,000, or AED 3,016 per sqft, in line with the AED 2,977 four-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 1 February 2020, is AED 530,000 a year: a gross yield of 2.8% on the 2013 price, before the service charge of about AED 124,400 a year.

Sales and rents for 3401 over time

Sales
Unit 3401, 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, April 2008: AED 7,370,000 (AED 1,208 per sqft)Sold, March 2013: AED 19,000,000 (AED 3,016 per sqft)

3401 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3401, 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 875,000New contract, February 2020: AED 530,000 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 3401 sits

All 67 4-beds →

3401 last sold in March 2013 at AED 3,016 per sqft, in line with what four-beds in Le Reve Tower were fetching at the time (AED 2,977). 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. 3401's AED 530,000 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 34th floor

All 81 units in Le Reve Tower
Value
34024-bedAED 19M · Mar 2013

3401, Le Reve Tower in numbers

  • Sold twice: first on 6 April 2008 for AED 7,370,000, last on 14 March 2013 for AED 19,000,000 (AED 3,016 per sqft).
  • Rented since August 2017 on 2 Ejari contracts, from AED 10,000 to AED 530,000 a year.
  • At AED 530,000 a year the gross yield on the 2013 price is 2.8%, 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 1 February 2020.

Questions about 3401, Le Reve Tower

What did unit 3401 last sell for?

AED 19,000,000 on 14 March 2013: AED 3,016 per sqft for 6,298 sqft. The unit has 2 registered sales; the first was AED 7,370,000 in April 2008.

What is the rent for unit 3401?

AED 530,000 a year on the contract signed on 1 February 2020. The previous contract, from August 2017, was AED 10,000.

How big is unit 3401?

6,298 sqft (585.1 sqm): a four-bedroom apartment on the 34th floor of a 49-storey tower completed in 2006.

What is unit 3401 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 3401? 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 3401, Le Reve Tower

Starts from the last sale price (AED 19M, 14 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 19,000,000
Deposit, UAE resident (20%)
AED 3,800,000
Deposit, non-resident (40%)
AED 7,600,000
Monthly over 25 years at 3.7%
AED 77,735

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