4-bed · 6,308 sqftLe Reve Tower, Dubai Marina · 10th floor · completed 2006

1002, Le Reve Tower

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 15.02M10 June 2024
Current rentAED 440K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Le Reve Tower

What is 1002 worth today?

Last sold for AED 15,020,000 in 2024

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10 Jun 2024SoldReady
AED 15,020,000AED 2,381 per sqft
1 Dec 2021RentedRenewal
AED 440,000/yr12 months · AED 70 per sqft
1 Dec 2020RentedNew contract
AED 400,000/yr12 months · AED 63 per sqft
1 Dec 2016RentedNew contract
AED 800,000/yr24 months · AED 127 per sqft
1 Dec 2016RentedNew contract
AED 800,000/yr24 months · AED 127 per sqft
14 Jan 2009Sold by developerReady
AED 5,000,000AED 819 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
4-bed apartment
Size
6,308 sqft
Floor
10th of 49
Parking
P2/ 24&25
Developer
Xtreme Vision
Completed
2006
Service charge
AED 124,600 /yr
Last sold
AED 15.02M · June 2024

About 1002, Le Reve Tower

1002 is a four-bedroom apartment of 6,308 sqft on the 10th floor of Le Reve Tower, a 49-storey tower in Dubai Marina completed in 2006 by Xtreme Vision. It last sold on 10 June 2024 for AED 15,020,000, or AED 2,381 per sqft, 9% above the AED 2,188 four-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 1 December 2021, is AED 440,000 a year: a gross yield of 2.9% on the 2024 price, before the service charge of about AED 124,600 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical four-bed in Le Reve Tower
10M20M2008201320182023Typical sale price by year: 2008 AED 8,725,632; 2009 AED 8,649,904; 2011 AED 13,300,000; 2012 AED 15,250,000; 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 15,350,000Sold by developer, January 2009: AED 5,000,000 (AED 819 per sqft)Sold, June 2024: AED 15,020,000 (AED 2,381 per sqft)

1002 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1002, each contractTypical four-bed in Le Reve Tower
500K2013201720212025Typical rent by year: 2013 AED 760,000; 2014 AED 562,018; 2015 AED 500,000; 2016 AED 775,000; 2017 AED 175,000; 2018 AED 662,500; 2020 AED 395,000; 2021 AED 500,000; 2022 AED 560,000; 2023 AED 700,000; 2024 AED 850,000; 2025 AED 850,000New contract, December 2016: AED 800,000 a yearNew contract, December 2016: AED 800,000 a yearNew contract, December 2020: AED 400,000 a yearRenewal, December 2021: AED 440,000 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 1002 sits

All 65 4-beds →

1002 last sold in June 2024 at AED 2,381 per sqft, 9% above what four-beds in Le Reve Tower were fetching at the time (AED 2,188). Over the last 12 months four-beds sold for AED 18,000,000, around AED 2,853 per sqft, and rent for AED 900,000 to 900,000 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
29 Dec 202518,000,000
24 Jul 202515,000,000
20 Aug 202415,350,000
12 Jun 202415,350,000
1 4-bed sale 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. 1 sold in the last 12 months.

Typical price per sqft
AED 2,853
Typical sale
AED 18M
Typical rent
AED 550K /yr
Typical yield
3.8%
Le Reve Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 81 units in Le Reve Tower
Value
10014-bedAED 9.1M · Apr 2008

1002, Le Reve Tower in numbers

  • Sold twice: first on 14 January 2009 for AED 5,000,000, last on 10 June 2024 for AED 15,020,000 (AED 2,381 per sqft).
  • Rented since December 2016 on 4 Ejari contracts, from AED 800,000 to AED 440,000 a year.
  • At AED 440,000 a year the gross yield on the 2024 price is 2.9%, 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 18,000,000–18,000,000 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 10 June 2024.

Questions about 1002, Le Reve Tower

What did unit 1002 last sell for?

AED 15,020,000 on 10 June 2024: AED 2,381 per sqft for 6,308 sqft. The unit has 2 registered sales; the first was AED 5,000,000 in January 2009.

What is the rent for unit 1002?

AED 440,000 a year on the contract renewed on 1 December 2021. The previous contract, from December 2020, was AED 400,000; the unit has been rented since December 2016.

How big is unit 1002?

6,308 sqft (586.0 sqm): a four-bedroom apartment on the 10th floor of a 49-storey tower completed in 2006.

What is unit 1002 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 18,000,000 to 18,000,000 in the last 12 months, around AED 2,853 per sqft.

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Mortgage on 1002, Le Reve Tower

Starts from the last sale price (AED 15.02M, 10 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 15,020,000
Deposit, UAE resident (20%)
AED 3,004,000
Deposit, non-resident (40%)
AED 6,008,000
Monthly over 25 years at 3.7%
AED 61,451

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