1407, Mon Reve (Credo Tower)
Sold prices and rental history: sold once, by the developer in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1407, Mon Reve (Credo Tower)
What is 1407 worth today?
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Source: Dubai Land Department. Updated 9 November 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 702 sqft
- Floor
- 14th of 15
- Parking
- G-12
- Developer
- Credo Investments
- Completed
- 2015
- Service charge
- AED 18,300 /yr
- Last sold
- AED 2.23M · November 2022
- Building
- Mon Reve (Credo Tower)
About 1407, Mon Reve (Credo Tower)
1407 is a two-bedroom apartment of 702 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 9 November 2022 for AED 2,225,000, or AED 1,585 per sqft, 6% above the AED 1,499 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1407 over time
1407 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 1407 sits
All 47 2-beds →1407 last sold in November 2022 at AED 1,585 per sqft, 6% above what two-beds in Mon Reve (Credo Tower) were fetching at the time (AED 1,499). 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 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 | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,404 sqft | AED 2.18MAED 2,175,000 · May 2022May 2022 | 168,000 /yr | |
| 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, Mon Reve (Credo Tower) in numbers
- Sold once: by Credo Investments on 9 November 2022 for AED 2,225,000, or AED 1,585 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 9 November 2022.
Questions about 1407, Mon Reve (Credo Tower)
What did unit 1407 last sell for?
AED 2,225,000 on 9 November 2022, sold by the developer: AED 1,585 per sqft for 702 sqft. It is the only registered sale of the unit.
How big is unit 1407?
702 sqft (65.2 sqm): a two-bedroom apartment on the 14th floor of a 15-storey tower completed in 2015.
What is unit 1407 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 1407, Mon Reve (Credo Tower)
Starts from the last sale price (AED 2.23M, 9 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,225,000
- Deposit, UAE resident (20%)
- AED 445,000
- Deposit, non-resident (40%)
- AED 890,000
- Monthly over 25 years at 3.7%
- AED 9,103
Plus AED 98,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →