3-bed · 1,855 sqftMon Reve (Credo Tower), Downtown Dubai · 14th floor · completed 2015

1405, Mon Reve (Credo Tower)

Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from March 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 2.94M11 August 2022
Current rentAED 219K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, Mon Reve (Credo Tower)

What is 1405 worth today?

Last sold for AED 2,940,000 in 2022

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1 Mar 2025RentedNew contract
AED 219,410/yr12 months · AED 118 per sqft
11 Aug 2022Sold by developerReady
AED 2,940,000AED 1,585 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
3-bed apartment
Size
1,855 sqft
Floor
14th of 15
Parking
G-10,P1-9
Developer
Credo Investments
Completed
2015
Service charge
AED 48,400 /yr
Last sold
AED 2.94M · August 2022

About 1405, Mon Reve (Credo Tower)

1405 is a three-bedroom apartment of 1,855 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 11 August 2022 for AED 2,940,000, or AED 1,585 per sqft.

One Ejari contract is registered, from 1 March 2025. The current contract, signed on 1 March 2025, is AED 219,410 a year: a gross yield of 7.5% on the 2022 price, before the service charge of about AED 48,400 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, each saleTypical three-bed in Mon Reve (Credo Tower)
3M3.2M2018202020222024Typical sale price by year: 2018 AED 2,950,604; 2024 AED 3,255,901Sold by developer, August 2022: AED 2,940,000 (AED 1,585 per sqft)

1405 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1405, each contractTypical three-bed in Mon Reve (Credo Tower)
150K200K2019202120232025Typical rent by year: 2019 AED 125,000; 2021 AED 130,000; 2022 AED 135,000; 2023 AED 156,000; 2024 AED 195,640; 2025 AED 214,705New contract, March 2025: AED 219,410 a year

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

3-beds in Mon Reve (Credo Tower), and where 1405 sits

All 13 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
30 May 20252,627,508
8 May 20243,800,000
26 Mar 20242,887,772
25 Mar 20243,255,901
0 3-bed sales 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 14th floor

All 81 units in Mon Reve (Credo Tower)
Value
14012-bedAED 2.18M · May 2022
14022-bedAED 2.55M · Nov 2023
14033-bedAED 2.83M · Aug 2022
14043-bedAED 3.35M · Jul 2023
14062-bedAED 2.2M · Dec 2025
14072-bedAED 2.23M · Nov 2022

1405, Mon Reve (Credo Tower) in numbers

  • Sold once: by Credo Investments on 11 August 2022 for AED 2,940,000, or AED 1,585 per sqft.
  • Rented since March 2025 on one Ejari contract, at AED 219,410 a year.
  • At AED 219,410 a year the gross yield on the 2022 price is 7.5%, before a service charge of about AED 48,400 a year (AED 26.09 per sqft).

Source: Dubai Land Department. Updated 1 March 2025.

Questions about 1405, Mon Reve (Credo Tower)

What did unit 1405 last sell for?

AED 2,940,000 on 11 August 2022, sold by the developer: AED 1,585 per sqft for 1,855 sqft. It is the only registered sale of the unit.

What is the rent for unit 1405?

AED 219,410 a year on the contract signed on 1 March 2025.

How big is unit 1405?

1,855 sqft (172.3 sqm): a three-bedroom apartment on the 14th floor of a 15-storey tower completed in 2015.

What is unit 1405 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 1405, Mon Reve (Credo Tower)

Starts from the last sale price (AED 2.94M, 11 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,940,000
Deposit, UAE resident (20%)
AED 588,000
Deposit, non-resident (40%)
AED 1,176,000
Monthly over 25 years at 3.7%
AED 12,028

Plus AED 128,490 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →