4-bed · 6,308 sqftLe Reve Tower, Dubai Marina · 6th floor · completed 2006

601, Le Reve Tower

Sold prices and rental history: sold twice, last in February 2012, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 18M15 February 2012
Current rentAED 1.2M /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Le Reve Tower

What is 601 worth today?

Last sold for AED 18,000,000 in 2012

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1 Nov 2022RentedNew contract
AED 1,200,000/yr12 months · AED 190 per sqft
20 Aug 2022RentedNew contract
AED 1,000,000/yr24 months · AED 159 per sqft
15 Feb 2012SoldReady
AED 18,000,000AED 2,853 per sqft
14 Jan 2009Sold by developerReady
AED 8,649,904AED 1,418 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type
4-bed apartment
Size
6,308 sqft
Floor
6th of 49
Parking
P2/38&44
Developer
Xtreme Vision
Completed
2006
Service charge
AED 124,600 /yr
Last sold
AED 18M · February 2012

About 601, Le Reve Tower

601 is a four-bedroom apartment of 6,308 sqft on the 6th floor of Le Reve Tower, a 49-storey tower in Dubai Marina completed in 2006 by Xtreme Vision. It last sold on 15 February 2012 for AED 18,000,000, or AED 2,853 per sqft, 35% above the AED 2,108 four-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 November 2022, is AED 1,200,000 a year: a gross yield of 6.7% on the 2012 price, before the service charge of about AED 124,600 a year.

Sales and rents for 601 over time

Sales
Unit 601, 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, January 2009: AED 8,649,904 (AED 1,418 per sqft)Sold, February 2012: AED 18,000,000 (AED 2,853 per sqft)

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

Rents
Unit 601, each contractTypical four-bed in Le Reve Tower
0500K1M2013201720212025Typical 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, August 2022: AED 1,000,000 a yearNew contract, November 2022: AED 1,200,000 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 601 sits

All 67 4-beds →

601 last sold in February 2012 at AED 2,853 per sqft, 35% above what four-beds in Le Reve Tower were fetching at the time (AED 2,108). 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. 601's AED 1,200,000 is at the top 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 6th floor

All 81 units in Le Reve Tower
Value
6024-bedAED 8.65M · Jan 2008

601, Le Reve Tower in numbers

  • Sold twice: first on 14 January 2009 for AED 8,649,904, last on 15 February 2012 for AED 18,000,000 (AED 2,853 per sqft).
  • Rented since August 2022 on 2 Ejari contracts, from AED 1,000,000 to AED 1,200,000 a year.
  • At AED 1,200,000 a year the gross yield on the 2012 price is 6.7%, before a service charge of about AED 124,600 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 November 2022.

Questions about 601, Le Reve Tower

What did unit 601 last sell for?

AED 18,000,000 on 15 February 2012: AED 2,853 per sqft for 6,308 sqft. The unit has 2 registered sales; the first was AED 8,649,904 in January 2009.

What is the rent for unit 601?

AED 1,200,000 a year on the contract signed on 1 November 2022. The previous contract, from August 2022, was AED 1,000,000.

How big is unit 601?

6,308 sqft (586.0 sqm): a four-bedroom apartment on the 6th floor of a 49-storey tower completed in 2006.

What is unit 601 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 601, Le Reve Tower

Starts from the last sale price (AED 18M, 15 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 18,000,000
Deposit, UAE resident (20%)
AED 3,600,000
Deposit, non-resident (40%)
AED 7,200,000
Monthly over 25 years at 3.7%
AED 73,644

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