1-bed · 869 sqftMon Reve (Credo Tower), Downtown Dubai · 6th floor · completed 2015

607, Mon Reve (Credo Tower)

Sold prices and rental history: sold once, by the developer in December 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 20 December 2015
Last soldAED 1.38M20 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Mon Reve (Credo Tower)

What is 607 worth today?

Last sold for AED 1,379,840 in 2015

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20 Dec 2015Sold by developerOff-plan
AED 1,379,840AED 1,588 per sqft

Source: Dubai Land Department. Updated 20 December 2015.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
6th of 15
Parking
P2-15
Developer
Credo Investments
Completed
2015
Service charge
AED 22,700 /yr
Last sold
AED 1.38M · December 2015

About 607, Mon Reve (Credo Tower)

607 is a one-bedroom apartment of 869 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 1,379,840, or AED 1,588 per sqft, 9% below the AED 1,750 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 607 over time

Sales
Unit 607, each saleTypical one-bed in Mon Reve (Credo Tower)
1.4M2015201820212024Typical sale price by year: 2015 AED 1,467,632; 2018 AED 1,333,977; 2023 AED 1,359,732Sold by developer, December 2015: AED 1,379,840 (AED 1,588 per sqft)

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

Rents
Unit 607, 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 607 sits

All 18 1-beds →

607 last sold in December 2015 at AED 1,588 per sqft, 9% below what one-beds in Mon Reve (Credo Tower) were fetching at the time (AED 1,750).

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 6th floor

All 81 units in Mon Reve (Credo Tower)
Value
6012-bedAED 2.55M · Jul 2024
6022-bedAED 2.22M · Dec 2015
6032-bedAED 2.5M · Dec 2015
6042-bedAED 2.26M · Dec 2015
6052-bedAED 2.36M · Dec 2015
6062-bedAED 2.52M · Dec 2015
6081-bedAED 1.48M · Nov 2024
1–7 of 8

607, Mon Reve (Credo Tower) in numbers

  • Sold once: by Credo Investments on 20 December 2015 for AED 1,379,840, or AED 1,588 per sqft.

Source: Dubai Land Department. Updated 20 December 2015.

Questions about 607, Mon Reve (Credo Tower)

What did unit 607 last sell for?

AED 1,379,840 on 20 December 2015, sold by the developer: AED 1,588 per sqft for 869 sqft. It is the only registered sale of the unit.

How big is unit 607?

869 sqft (80.7 sqm): a one-bedroom apartment on the 6th floor of a 15-storey tower completed in 2015.

What is unit 607 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 607, Mon Reve (Credo Tower)

Starts from the last sale price (AED 1.38M, 20 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,379,840
Deposit, UAE resident (20%)
AED 275,968
Deposit, non-resident (40%)
AED 551,936
Monthly over 25 years at 3.7%
AED 5,645

Plus AED 62,964 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →