1207, Mon Reve (Credo Tower)
Sold prices and rental history: sold once, by the developer in April 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1207, Mon Reve (Credo Tower)
What is 1207 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 18 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,405 sqft
- Floor
- 12th of 15
- Parking
- G-24
- Developer
- Credo Investments
- Completed
- 2015
- Service charge
- AED 36,700 /yr
- Last sold
- AED 2.22M · April 2018
- Building
- Mon Reve (Credo Tower)
About 1207, Mon Reve (Credo Tower)
1207 is a two-bedroom apartment of 1,405 sqft on the 12th floor of Mon Reve (Credo Tower), a 15-storey tower in Downtown Dubai completed in 2015 by Credo Investments. The developer sold it on 15 April 2018 for AED 2,220,218, or AED 1,580 per sqft, in line with the AED 1,565 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 18 August 2025, is AED 146,439 a year: a gross yield of 6.6% on the 2018 price, before the service charge of about AED 36,700 a year.
Sales and rents for 1207 over time
1207 has sold once; the dashed line is the two-bed median of each year in the building.
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 1207 sits
All 47 2-beds →1207 last sold in April 2018 at AED 1,580 per sqft, in line with what two-beds in Mon Reve (Credo Tower) were fetching at the time (AED 1,565). 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. 1207's AED 146,439 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Dec 202530 December 2025 | 1,197 sqft | 2,200,000 | 1,837 | ||
| 2 Jun 20252 June 2025 | 1,864 sqft | 2,236,656 | 1,199 | ||
| 2 Jun 20252 June 2025 | 2,033 sqft | 2,439,444 | 1,199 | ||
| 17 Feb 202517 February 2025 | 1,198 sqft | 2,350,000 | 1,960 |
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 12th floor
All 81 units in Mon Reve (Credo Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,354 sqft | AED 2.11MAED 2,110,611 · Apr 2018April 2018 | 90,000 /yr | |
| 1202 | 2-bed | 1,381 sqft | AED 2.11MAED 2,110,611 · Apr 2018April 2018 | 90,000 /yr | |
| 1203 | 3-bed | 1,875 sqft | AED 2.9MAED 2,899,218 · Oct 2018October 2018 | 181,843 /yr | |
| 1204 | 3-bed | 2,101 sqft | AED 3.26MAED 3,255,901 · Jan 2019January 2019 | 120,000 /yr | |
| 1205 | 3-bed | 1,852 sqft | AED 2.89MAED 2,887,772 · Jan 2019January 2019 | 151,800 /yr | |
| 1206 | 2-bed | 1,197 sqft | AED 1.84MAED 1,842,286 · Apr 2018April 2018 | 130,927 /yr |
1207, Mon Reve (Credo Tower) in numbers
- Sold once: by Credo Investments on 15 April 2018 for AED 2,220,218, or AED 1,580 per sqft.
- Rented since August 2019 on 5 Ejari contracts, from AED 100,000 to AED 146,439 a year.
- At AED 146,439 a year the gross yield on the 2018 price is 6.6%, before a service charge of about AED 36,700 a year (AED 26.09 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: YallaValue analysis of Dubai Land Department records. Updated 18 August 2025.
Questions about 1207, Mon Reve (Credo Tower)
What did unit 1207 last sell for?
AED 2,220,218 on 15 April 2018, sold by the developer: AED 1,580 per sqft for 1,405 sqft. It is the only registered sale of the unit.
What is the rent for unit 1207?
AED 146,439 a year on the contract renewed on 18 August 2025. The previous contract, from August 2024, was AED 139,466; the unit has been rented since August 2019.
How big is unit 1207?
1,405 sqft (130.5 sqm): a two-bedroom apartment on the 12th floor of a 15-storey tower completed in 2015.
What is unit 1207 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 1207, Mon Reve (Credo Tower)
Starts from the last sale price (AED 2.22M, 15 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,220,218
- Deposit, UAE resident (20%)
- AED 444,044
- Deposit, non-resident (40%)
- AED 888,087
- Monthly over 25 years at 3.7%
- AED 9,084
Plus AED 98,259 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →