2-bed · 1,864 sqftMon Reve (Credo Tower), Downtown Dubai · 3rd floor · completed 2015

308, Mon Reve (Credo Tower)

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

Unit 308 · DLD and Ejari recordsUpdated 2 June 2025
Last soldAED 2.24M2 June 2025
Current rentAED 165K /yr8 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Mon Reve (Credo Tower)

What is 308 worth today?

Last sold for AED 2,236,656 in 2025

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2 Jun 2025Sold by developerReady
AED 2,236,656AED 1,199 per sqft
8 Feb 2025RentedNew contract
AED 165,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 2 June 2025.

Key facts

Type
2-bed apartment
Size
1,864 sqft
Floor
3rd of 15
Parking
P2-43
Developer
Credo Investments
Completed
2015
Service charge
AED 48,600 /yr
Last sold
AED 2.24M · June 2025

About 308, Mon Reve (Credo Tower)

308 is a two-bedroom apartment of 1,864 sqft on the 3rd floor of Mon Reve (Credo Tower), a 15-storey tower in Downtown Dubai completed in 2015 by Credo Investments. The developer sold it on 2 June 2025 for AED 2,236,656, or AED 1,199 per sqft, 22% below the AED 1,540 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 February 2025. The current contract, signed on 8 February 2025, is AED 165,000 a year: a gross yield of 7.4% on the 2025 price, before the service charge of about AED 48,600 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Mon Reve (Credo Tower)
2.2M2015201820212024Typical sale price by year: 2015 AED 2,312,168; 2018 AED 2,166,154; 2021 AED 2,167,658; 2022 AED 2,087,500; 2023 AED 2,200,000; 2025 AED 2,293,328Sold by developer, June 2025: AED 2,236,656 (AED 1,199 per sqft)

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

Rents
Unit 308, each contractTypical two-bed in Mon Reve (Credo Tower)
100K150K20182020202220242026Typical rent by year: 2018 AED 105,000; 2019 AED 100,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 103,615; 2023 AED 151,000; 2024 AED 165,000; 2025 AED 160,000New contract, February 2025: AED 165,000 a year

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 308 sits

All 47 2-beds →

308 last sold in June 2025 at AED 1,199 per sqft, 22% below what two-beds in Mon Reve (Credo Tower) were fetching at the time (AED 1,540). 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. 308's AED 165,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Dec 20252,200,000
2 Jun 20252,439,444
17 Feb 20252,350,000
30 Jul 20242,550,000
1 2-bed sale 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 3rd floor

All 81 units in Mon Reve (Credo Tower)
Value
3063-bedAED 4.45M · Jan 2015
3093-bedAED 2.63M · May 2025
3102-bedAED 2.44M · Jun 2025

308, Mon Reve (Credo Tower) in numbers

  • Sold once: by Credo Investments on 2 June 2025 for AED 2,236,656, or AED 1,199 per sqft.
  • Rented since February 2025 on one Ejari contract, at AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2025 price is 7.4%, before a service charge of about AED 48,600 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 2 June 2025.

Questions about 308, Mon Reve (Credo Tower)

What did unit 308 last sell for?

AED 2,236,656 on 2 June 2025, sold by the developer: AED 1,199 per sqft for 1,864 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 165,000 a year on the contract signed on 8 February 2025.

How big is unit 308?

1,864 sqft (173.2 sqm): a two-bedroom apartment on the 3rd floor of a 15-storey tower completed in 2015.

What is unit 308 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 308, Mon Reve (Credo Tower)

Starts from the last sale price (AED 2.24M, 2 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,236,656
Deposit, UAE resident (20%)
AED 447,331
Deposit, non-resident (40%)
AED 894,662
Monthly over 25 years at 3.7%
AED 9,151

Plus AED 98,949 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →