1401, Mon Reve (Credo Tower)
Sold prices and rental history: sold once, by the developer in May 2022, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1401, Mon Reve (Credo Tower)
What is 1401 worth today?
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Source: Dubai Land Department. Updated 19 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,404 sqft
- Floor
- 14th of 15
- Parking
- G-8
- Developer
- Credo Investments
- Completed
- 2015
- Service charge
- AED 36,600 /yr
- Last sold
- AED 2.18M · May 2022
- Building
- Mon Reve (Credo Tower)
About 1401, Mon Reve (Credo Tower)
1401 is a two-bedroom apartment of 1,404 sqft on the 14th floor of Mon Reve (Credo Tower), a 15-storey tower in Downtown Dubai completed in 2015 by Credo Investments. The developer sold it on 18 May 2022 for AED 2,175,000, or AED 1,549 per sqft, in line with the AED 1,513 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 19 August 2025. The current contract, renewed on 19 August 2025, is AED 168,000 a year: a gross yield of 7.7% on the 2022 price, before the service charge of about AED 36,600 a year.
Sales and rents for 1401 over time
1401 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 1401 sits
All 47 2-beds →1401 last sold in May 2022 at AED 1,549 per sqft, in line with what two-beds in Mon Reve (Credo Tower) were fetching at the time (AED 1,513). 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. 1401's AED 168,000 is in the upper half 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 14th floor
All 81 units in Mon Reve (Credo Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1402 | 2-bed | 1,379 sqft | AED 2.55MAED 2,550,000 · Nov 2023November 2023 | ||
| 1403 | 3-bed | 1,873 sqft | AED 2.83MAED 2,830,000 · Aug 2022August 2022 | ||
| 1404 | 3-bed | 2,223 sqft | AED 3.35MAED 3,350,000 · Jul 2023July 2023 | ||
| 1405 | 3-bed | 1,855 sqft | AED 2.94MAED 2,940,000 · Aug 2022August 2022 | 219,410 /yr | |
| 1406 | 2-bed | 1,197 sqft | AED 2.2MAED 2,200,000 · Dec 2025December 2025 | 145,000 /yr | |
| 1407 | 2-bed | 702 sqft | AED 2.23MAED 2,225,000 · Nov 2022November 2022 |
1401, Mon Reve (Credo Tower) in numbers
- Sold once: by Credo Investments on 18 May 2022 for AED 2,175,000, or AED 1,549 per sqft.
- Rented since August 2025 on one Ejari contract, at AED 168,000 a year.
- At AED 168,000 a year the gross yield on the 2022 price is 7.7%, before a service charge of about AED 36,600 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: Dubai Land Department. Updated 19 August 2025.
Questions about 1401, Mon Reve (Credo Tower)
What did unit 1401 last sell for?
AED 2,175,000 on 18 May 2022, sold by the developer: AED 1,549 per sqft for 1,404 sqft. It is the only registered sale of the unit.
What is the rent for unit 1401?
AED 168,000 a year on the contract renewed on 19 August 2025.
How big is unit 1401?
1,404 sqft (130.4 sqm): a two-bedroom apartment on the 14th floor of a 15-storey tower completed in 2015.
What is unit 1401 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 1401, Mon Reve (Credo Tower)
Starts from the last sale price (AED 2.18M, 18 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,175,000
- Deposit, UAE resident (20%)
- AED 435,000
- Deposit, non-resident (40%)
- AED 870,000
- Monthly over 25 years at 3.7%
- AED 8,899
Plus AED 96,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →