Le Reve in Dubai Marina - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Le Reve

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
4	586	30,715	18,000,000

The price of an apartment in Le Reve is 30,715 AED/sqm on average.

Price for completed 4 bedroom apartment in Le Reve is 18,000,000 AED or 30,715 AED/sqm.

About Le Reve

'Le Reve' in 'Dubai Marina' area project description

Le Reve, located in the prestigious Dubai Marina, stands as one of the most luxurious and exclusive residential skyscrapers in Dubai. This tower is a testament to opulence, designed specifically for those who value privacy, elegance, and high-end living. Developed by Verve Developments, Le Reve, which means "The Dream" in French, certainly lives up to its name by offering unparalleled luxury and sophistication.

The tower features 52 floors of ultra-luxurious residential units, primarily offering four-bedroom Presidential Apartments and customized full-floor penthouses. Architectural firm Atkins designed the building, ensuring that every detail speaks to exclusivity and grandeur. The 689-foot-tall structure comprises only 82 units, a surprisingly low number for a building of its size, which ensures abundant space, privacy, and an air of exclusivity for its residents.

Each unit in Le Reve boasts expansive living spaces, floor-to-ceiling windows, and high-quality finishes that cater to discerning tastes. The interior design often includes bespoke elements such as Italian marble, custom cabinetry, and premium appliances from brands like Miele and Sub-Zero. Large terraces provide breathtaking panoramic views of the Arabian Gulf, Palm Jumeirah, and the Dubai Marina skyline, ensuring residents can enjoy the city's beauty in peace and comfort.

Residents of Le Reve benefit from a suite of high-end amenities designed to enhance their lifestyle. These include a temperature-controlled rooftop pool, a cutting-edge fitness center, and a luxurious spa. The building's concierge and round-the-clock security services ensure a seamless living experience, where every need is anticipated and attended to. Additionally, Le Reve offers ample parking facilities, and each unit comes with designated parking spaces to accommodate multiple vehicles.

The location of Le Reve in Dubai Marina is another significant aspect contributing to its allure. Dubai Marina is one of the city's most sought-after neighborhoods, known for its vibrant lifestyle, waterfront living, and abundance of dining, shopping, and entertainment options. Some of the city's most famous attractions, such as The Beach at JBR, the Marina Walk, and the Dubai Marina Mall, are just a short distance away, adding to the convenience and attraction of residing in Le Reve.

Le Reve also ensures that residents are well-connected to the rest of Dubai, with easy access to major roadways like Sheikh Zayed Road. This makes commuting to other parts of the city straightforward and quick, enhancing the overall living experience.

In summary, Le Reve in Dubai Marina represents the pinnacle of luxury living, combining high-quality design, exclusive amenities, and an unbeatable location. It is an ideal residence for those who desire privacy and sophistication, wrapped in the extraordinary lifestyle that Dubai Marina offers.

Q&A on Le Reve

What are the advantages of 'Le Reve' project in Dubai for property buyers? What are the disadvantages?

Advantages:
1. Prime Location: Situated in the heart of Dubai Marina, Le Reve offers easy access to luxury shopping, fine dining, and entertainment venues, as well as proximity to major business districts.
2. Exclusive Living: The project consists of large, high-end apartments designed with privacy and exclusivity in mind, appealing to affluent buyers.
3. Panoramic Views: Residents benefit from stunning views of the Arabian Gulf, Dubai’s skyline, and the Marina itself.
4. Top-Notch Amenities: Features include a fully equipped gym, swimming pool, concierge services, valet parking, and state-of-the-art security systems.
5. Spacious Units: Apartments are typically larger compared to standard properties in the area, offering expansive living spaces.
6. High-End Finishes: The interiors boast luxurious finishes, high-quality materials, and modern architectural design.
7. Reputation: Developed by the renowned developer, Verve Developments, which adds a level of credibility and trust.

Disadvantages:
1. Cost: The luxurious nature of Le Reve commands a premium price, making it one of the more expensive properties in Dubai Marina.
2. HOA Fees: High maintenance and service fees reflect the property's upscale amenities and services, which might be a drawback for some buyers.
3. Resale Market: Due to its exclusivity and high price point, the resale market may be limited compared to mid-range properties, potentially impacting liquidity.
4. Density and Traffic: Dubai Marina is a busy area, which can lead to congestion and noise, potentially affecting the tranquility of living in Le Reve.
5. Competition: There are several other luxury property options in Dubai, which might offer similar amenities and views, giving buyers multiple choices and possibly affecting demand for Le Reve specifically.

What projects are better than 'Le Reve' project in Dubai which are located close by, and why?

Key projects near 'Le Reve' in Dubai Marina that are considered superior or equally attractive include:

1. Marina Gate:
- Why: Offers modern facilities and a central location. Includes three high-end towers with residences, serviced apartments, and retail spaces.
- Proximity: Very close to Le Reve, ensuring convenience.

2. Cayan Tower:
- Why: Known for its iconic twisting architecture. Offers luxurious amenities and stunning Marina views.
- Proximity: Located slightly north of Le Reve, making it a prominent landmark nearby.

3. Pier 7 Complex:
- Why: Houses a mix of upscale residential units and a unique dining experience with seven floors of themed restaurants.
- Proximity: Adjacent to Dubai Marina Mall, close to shopping and entertainment options.

4. Jumeirah Living Marina Gate:
- Why: Premium serviced residences by Jumeirah Group, offering hotel-like services and amenities.
- Proximity: Part of Marina Gate complex, ensuring easy access to Marina's main attractions.

5. Marina Heights:
- Why: High-rise luxury tower with spacious apartments, excellent views, and a strong community feel.
- Proximity: A few minutes' walk from Le Reve, providing a balance of tranquility and accessibility.

6. The Torch:
- Why: Well-known for its affordability while still offering high-end living close to the Marina Yacht Club.
- Proximity: Offers quick access to Marina Walk and the beach.

These projects stand out for their architectural significance, luxurious offerings, prime locations, and superior amenities, making them strong contenders in the upscale real estate market within Dubai Marina.

What are the closest schools to 'Le Reve' project in Dubai?

1. Emirates International School Meadows - Located in the Meadows area, approximately a 10-minute drive from Dubai Marina.
2. Dubai British School - Located in the Springs community, roughly a 15-minute drive from Dubai Marina.
3. GEMS Wellington International School - Situated in Al Sufouh, about a 20-minute drive from Dubai Marina.
4. The American School of Dubai - Located in Al Barsha, approximately a 15-minute drive from Dubai Marina.
5. Regent International School - Positioned in the Greens community, around a 10-minute drive from Dubai Marina.

What are the closest medical clinics to 'Le Reve' project in Dubai?

- Medcare Medical Centre, Marina
Location: Marina Plaza, Dubai Marina, Dubai, UAE

- Marina Medical Centre (MMC)
Location: Al Hesn Street, Trident Bayside Building, Dubai Marina, Dubai, UAE

- IDOCTOR Medical Center
Location: Marina Gate Tower 1, Al Khayay St, Dubai Marina, Dubai, UAE

- Emirates Hospital Clinic
Location: Marina Walk, Marina Gate 1, Dubai Marina, Dubai, UAE

- Dr. Humeira Badsha Medical Center
Location: Al Rimal, The Walk, Jumeirah Beach Residence (JBR), Dubai, UAE