603, Mon Reve (Credo Tower)
Sold prices and rental history: sold once, by the developer in December 2015, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, Mon Reve (Credo Tower)
What is 603 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 17 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,537 sqft
- Floor
- 6th of 15
- Parking
- P2-11
- Developer
- Credo Investments
- Completed
- 2015
- Service charge
- AED 40,100 /yr
- Last sold
- AED 2.5M · December 2015
- Building
- Mon Reve (Credo Tower)
About 603, Mon Reve (Credo Tower)
603 is a two-bedroom apartment of 1,537 sqft on the 6th floor of Mon Reve (Credo Tower), a 15-storey tower in Downtown Dubai completed in 2015 by Credo Investments. The developer sold it on 20 December 2015 for AED 2,496,528, or AED 1,624 per sqft, in line with the AED 1,618 two-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 17 March 2024, is AED 170,000 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 40,100 a year.
Sales and rents for 603 over time
603 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 603 sits
All 47 2-beds →603 last sold in December 2015 at AED 1,624 per sqft, in line with what two-beds in Mon Reve (Credo Tower) were fetching at the time (AED 1,618). 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. 603's AED 170,000 is at the top 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 6th floor
All 81 units in Mon Reve (Credo Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,356 sqft | AED 2.55MAED 2,550,000 · Jul 2024July 2024 | 140,000 /yr | |
| 602 | 2-bed | 1,380 sqft | AED 2.22MAED 2,222,688 · Dec 2015December 2015 | 160,000 /yr | |
| 604 | 2-bed | 1,402 sqft | AED 2.26MAED 2,260,416 · Dec 2015December 2015 | 150,000 /yr | |
| 605 | 2-bed | 1,469 sqft | AED 2.36MAED 2,363,920 · Dec 2015December 2015 | 165,000 /yr | |
| 606 | 2-bed | 1,552 sqft | AED 2.52MAED 2,519,776 · Dec 2015December 2015 | 150,000 /yr | |
| 607 | 1-bed | 869 sqft | AED 1.38MAED 1,379,840 · Dec 2015December 2015 | ||
| 608 | 1-bed | 870 sqft | AED 1.48MAED 1,475,000 · Nov 2024November 2024 | 105,000 /yr | |
| 609 | 1-bed | 824 sqft | AED 1.36MAED 1,359,732 · Jul 2023July 2023 | 110,000 /yr |
603, Mon Reve (Credo Tower) in numbers
- Sold once: by Credo Investments on 20 December 2015 for AED 2,496,528, or AED 1,624 per sqft.
- Rented since March 2023 on 3 Ejari contracts, at AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2015 price is 6.8%, before a service charge of about AED 40,100 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: YallaValue analysis of Dubai Land Department records. Updated 17 March 2024.
Questions about 603, Mon Reve (Credo Tower)
What did unit 603 last sell for?
AED 2,496,528 on 20 December 2015, sold by the developer: AED 1,624 per sqft for 1,537 sqft. It is the only registered sale of the unit.
What is the rent for unit 603?
AED 170,000 a year on the contract renewed on 17 March 2024. The previous contract, from March 2024, was AED 170,000; the unit has been rented since March 2023.
How big is unit 603?
1,537 sqft (142.8 sqm): a two-bedroom apartment on the 6th floor of a 15-storey tower completed in 2015.
What is unit 603 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 603, Mon Reve (Credo Tower)
Starts from the last sale price (AED 2.5M, 20 December 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,496,528
- Deposit, UAE resident (20%)
- AED 499,306
- Deposit, non-resident (40%)
- AED 998,611
- Monthly over 25 years at 3.7%
- AED 10,214
Plus AED 109,864 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →