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2-bed · 1,400 sqftMon Reve (Credo Tower), Downtown Dubai · 10th floor · completed 2015

1004, Mon Reve (Credo Tower)

Sold prices and rental history: sold once, by the developer in April 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 8 April 2018
Last soldAED 2.15M8 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1004, Mon Reve (Credo Tower)

What is 1004 worth today?

Last sold for AED 2,147,415 in 2018

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8 Apr 2018Sold by developerReady
AED 2,147,415AED 1,533 per sqft

Source: Dubai Land Department. Updated 8 April 2018.

Key facts

Type
2-bed apartment
Size
1,400 sqft
Floor
10th of 15
Parking
P1-3
Developer
Credo Investments
Completed
2015
Service charge
AED 36,500 /yr
Last sold
AED 2.15M · April 2018
Building
Mon Reve (Credo Tower)

About 1004, Mon Reve (Credo Tower)

1004 is a two-bedroom apartment of 1,400 sqft on the 10th floor of Mon Reve (Credo Tower), a 15-storey tower in Downtown Dubai completed in 2015 by Credo Investments. The developer sold it on 8 April 2018 for AED 2,147,415, or AED 1,533 per sqft, in line with the AED 1,569 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical two-bed in Mon Reve (Credo Tower)
2.2M2015201820212024Typical sale price by year: 2015 AED 2,312,168; 2018 AED 2,166,154; 2021 AED 2,167,658; 2022 AED 2,087,500; 2023 AED 2,200,000; 2025 AED 2,293,328Sold by developer, April 2018: AED 2,147,415 (AED 1,533 per sqft)

1004 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1004, each contractTypical two-bed in Mon Reve (Credo Tower)
100K150K20182020202220242026Typical rent by year: 2018 AED 105,000; 2019 AED 100,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 103,615; 2023 AED 151,000; 2024 AED 165,000; 2025 AED 160,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mon Reve (Credo Tower), and where 1004 sits

All 47 2-beds →

1004 last sold in April 2018 at AED 1,533 per sqft, in line with what two-beds in Mon Reve (Credo Tower) were fetching at the time (AED 1,569). Over the last 12 months two-beds sold for AED 2,200,000, around AED 1,837 per sqft, and rent for AED 150,000 to 170,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Dec 20252,200,000
2 Jun 20252,236,656
2 Jun 20252,439,444
17 Feb 20252,350,000
1 2-bed sale in the last 12 months

Mon Reve (Credo Tower)

Building

81 apartments, 1-bed to 4-bed over 15 floors in Downtown Dubai, completed in 2015 by Credo Investments. 1 sold in the last 12 months.

Typical price per sqft
AED 1,837
Typical sale
AED 2.2M
Typical rent
AED 160K /yr
Typical yield
6.6%
Mon Reve (Credo Tower), Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 81 units in Mon Reve (Credo Tower)
Value
10012-bedAED 2.08M · Apr 2018
10022-bedAED 2.08M · Apr 2018
10032-bedAED 2.36M · Apr 2018
10052-bedAED 2.26M · Apr 2018
10062-bedAED 2.37M · Apr 2018
10071-bedAED 1.31M · Apr 2018
10081-bedAED 1.31M · Apr 2018
1–7 of 8

1004, Mon Reve (Credo Tower) in numbers

  • Sold once: by Credo Investments on 8 April 2018 for AED 2,147,415, or AED 1,533 per sqft.
  • Two-beds in Mon Reve (Credo Tower) sold for AED 2,200,000–2,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,837 per sqft.

Source: Dubai Land Department. Updated 8 April 2018.

Questions about 1004, Mon Reve (Credo Tower)

What did unit 1004 last sell for?

AED 2,147,415 on 8 April 2018, sold by the developer: AED 1,533 per sqft for 1,400 sqft. It is the only registered sale of the unit.

How big is unit 1004?

1,400 sqft (130.1 sqm): a two-bedroom apartment on the 10th floor of a 15-storey tower completed in 2015.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mon Reve (Credo Tower) sold for AED 2,200,000 to 2,200,000 in the last 12 months, around AED 1,837 per sqft.

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Mortgage on 1004, Mon Reve (Credo Tower)

Starts from the last sale price (AED 2.15M, 8 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,147,415
Deposit, UAE resident (20%)
AED 429,483
Deposit, non-resident (40%)
AED 858,966
Monthly over 25 years at 3.7%
AED 8,786

Plus AED 95,202 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →