701, Mon Reve (Credo Tower)
Sold prices and rental history: sold once, by the developer in October 2023, and rented once, from May 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Mon Reve (Credo Tower)
What is 701 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 2 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,356 sqft
- Floor
- 7th of 15
- Parking
- P1-18
- Developer
- Credo Investments
- Completed
- 2015
- Service charge
- AED 35,400 /yr
- Last sold
- AED 2.13M · October 2023
- Building
- Mon Reve (Credo Tower)
About 701, Mon Reve (Credo Tower)
701 is a two-bedroom apartment of 1,356 sqft on the 7th floor of Mon Reve (Credo Tower), a 15-storey tower in Downtown Dubai completed in 2015 by Credo Investments. The developer sold it on 8 October 2023 for AED 2,130,000, or AED 1,571 per sqft, in line with the AED 1,585 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 2 May 2025. The current contract, signed on 2 May 2025, is AED 150,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 35,400 a year.
Sales and rents for 701 over time
701 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 701 sits
All 47 2-beds →701 last sold in October 2023 at AED 1,571 per sqft, in line with what two-beds in Mon Reve (Credo Tower) were fetching at the time (AED 1,585). 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. 701's AED 150,000 is at the bottom 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 7th floor
All 81 units in Mon Reve (Credo Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,380 sqft | AED 2MAED 2,000,000 · Jan 2022January 2022 | ||
| 703 | 2-bed | 1,537 sqft | AED 2.89MAED 2,890,000 · Oct 2018October 2018 | 160,000 /yr | |
| 704 | 2-bed | 1,400 sqft | AED 2.17MAED 2,169,597 · Oct 2023October 2023 | ||
| 705 | 2-bed | 1,468 sqft | AED 2.35MAED 2,350,000 · Nov 2023November 2023 | ||
| 707 | 1-bed | 852 sqft | AED 1.55MAED 1,552,320 · Jul 2015July 2015 | 45,000 /yr | |
| 708 | 1-bed | 854 sqft | AED 1.6MAED 1,600,000 · Jun 2025June 2025 | 110,000 /yr | |
| 709 | 1-bed | 824 sqft | AED 1.49MAED 1,485,000 · Jun 2023June 2023 | 120,000 /yr |
701, Mon Reve (Credo Tower) in numbers
- Sold once: by Credo Investments on 8 October 2023 for AED 2,130,000, or AED 1,571 per sqft.
- Rented since May 2025 on one Ejari contract, at AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 35,400 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 2 May 2025.
Questions about 701, Mon Reve (Credo Tower)
What did unit 701 last sell for?
AED 2,130,000 on 8 October 2023, sold by the developer: AED 1,571 per sqft for 1,356 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 150,000 a year on the contract signed on 2 May 2025.
How big is unit 701?
1,356 sqft (126.0 sqm): a two-bedroom apartment on the 7th floor of a 15-storey tower completed in 2015.
What is unit 701 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 701, Mon Reve (Credo Tower)
Starts from the last sale price (AED 2.13M, 8 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,130,000
- Deposit, UAE resident (20%)
- AED 426,000
- Deposit, non-resident (40%)
- AED 852,000
- Monthly over 25 years at 3.7%
- AED 8,714
Plus AED 94,470 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →