1-bed · 852 sqftMon Reve (Credo Tower), Downtown Dubai · 5th floor · completed 2015

509, Mon Reve (Credo Tower)

Sold prices and rental history: sold once, by the developer in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 11 January 2023
Last soldAED 1.3M11 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Mon Reve (Credo Tower)

What is 509 worth today?

Last sold for AED 1,300,000 in 2023

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11 Jan 2023Sold by developerReady
AED 1,300,000AED 1,526 per sqft

Source: Dubai Land Department. Updated 11 January 2023.

Key facts

Type
1-bed apartment
Size
852 sqft
Floor
5th of 15
Parking
P2-23
Developer
Credo Investments
Completed
2015
Service charge
AED 22,200 /yr
Last sold
AED 1.3M · January 2023

About 509, Mon Reve (Credo Tower)

509 is a one-bedroom apartment of 852 sqft on the 5th 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 January 2023 for AED 1,300,000, or AED 1,526 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical one-bed in Mon Reve (Credo Tower)
1.3M1.4M2015201820212024Typical sale price by year: 2015 AED 1,467,632; 2018 AED 1,333,977; 2023 AED 1,359,732Sold by developer, January 2023: AED 1,300,000 (AED 1,526 per sqft)

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

Rents
Unit 509, each contractTypical one-bed in Mon Reve (Credo Tower)
75K100K20182020202220242026Typical rent by year: 2018 AED 75,000; 2019 AED 65,000; 2020 AED 60,000; 2022 AED 90,000; 2023 AED 95,000; 2024 AED 105,000; 2025 AED 107,500

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

1-beds in Mon Reve (Credo Tower), and where 509 sits

All 18 1-beds →
Recent 1-bed salesUnit no.Price (AED)Summary
12 Jun 20251,500,000
11 Jun 20251,600,000
12 Nov 20241,475,000
26 Oct 20231,250,000
0 1-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 5th floor

All 81 units in Mon Reve (Credo Tower)
Value
5022-bedAED 2.3M · Mar 2024
5071-bedAED 1.55M · Apr 2018
5081-bedAED 1.5M · Mar 2023

509, Mon Reve (Credo Tower) in numbers

  • Sold once: by Credo Investments on 11 January 2023 for AED 1,300,000, or AED 1,526 per sqft.

Source: Dubai Land Department. Updated 11 January 2023.

Questions about 509, Mon Reve (Credo Tower)

What did unit 509 last sell for?

AED 1,300,000 on 11 January 2023, sold by the developer: AED 1,526 per sqft for 852 sqft. It is the only registered sale of the unit.

How big is unit 509?

852 sqft (79.2 sqm): a one-bedroom apartment on the 5th floor of a 15-storey tower completed in 2015.

What is unit 509 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 509, Mon Reve (Credo Tower)

Starts from the last sale price (AED 1.3M, 11 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →