1107, Mon Reve (Credo Tower)
Sold prices and rental history: sold once, by the developer in December 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1107, Mon Reve (Credo Tower)
What is 1107 worth today?
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Source: Dubai Land Department. Updated 11 December 2023.
Key facts
- Type
- Apartment
- Size
- 1,458 sqft
- Floor
- 11th of 15
- Parking
- G-29
- Developer
- Credo Investments
- Completed
- 2015
- Service charge
- AED 38,000 /yr
- Last sold
- AED 2.3M · December 2023
- Building
- Mon Reve (Credo Tower)
About 1107, Mon Reve (Credo Tower)
1107 is an apartment of 1,458 sqft on the 11th floor of Mon Reve (Credo Tower), a 15-storey tower in Downtown Dubai completed in 2015 by Credo Investments. The developer sold it on 11 December 2023 for AED 2,300,000, or AED 1,577 per sqft.
It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 7 December 2022, is AED 165,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 38,000 a year.
Mon Reve (Credo Tower)
Building81 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%
Other units on the 11th floor
All 81 units in Mon Reve (Credo Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 1,354 sqft | AED 2.2MAED 2,200,000 · May 2023May 2023 | 170,000 /yr | |
| 1102 | 2-bed | 1,377 sqft | AED 2.2MAED 2,200,000 · Jun 2023June 2023 | 170,000 /yr | |
| 1104 | 3-bed | 2,100 sqft | AED 3.8MAED 3,800,000 · May 2024May 2024 | 90,000 /yr | |
| 1105 | 3-bed | 1,850 sqft | AED 2.89MAED 2,887,772 · Mar 2024March 2024 | 200,000 /yr | |
| 1106 | 2-bed | 1,198 sqft | AED 2.35MAED 2,350,000 · Feb 2025February 2025 |
1107, Mon Reve (Credo Tower) in numbers
- Sold once: by Credo Investments on 11 December 2023 for AED 2,300,000, or AED 1,577 per sqft.
- Rented since December 2021 on 2 Ejari contracts, from AED 150,000 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 38,000 a year (AED 26.09 per sqft).
Source: Dubai Land Department. Updated 11 December 2023.
Questions about 1107, Mon Reve (Credo Tower)
What did unit 1107 last sell for?
AED 2,300,000 on 11 December 2023, sold by the developer: AED 1,577 per sqft for 1,458 sqft. It is the only registered sale of the unit.
What is the rent for unit 1107?
AED 165,000 a year on the contract renewed on 7 December 2022. The previous contract, from December 2021, was AED 150,000.
How big is unit 1107?
1,458 sqft (135.5 sqm): an apartment on the 11th floor of a 15-storey tower completed in 2015.
What is unit 1107 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1107, Mon Reve (Credo Tower)
Starts from the last sale price (AED 2.3M, 11 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus AED 101,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →