1104, Mon Reve (Credo Tower)
Sold prices and rental history: sold twice, last in May 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1104, Mon Reve (Credo Tower)
What is 1104 worth today?
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Source: Dubai Land Department. Updated 16 October 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,100 sqft
- Floor
- 11th of 15
- Parking
- G-39, G-40
- Developer
- Credo Investments
- Completed
- 2015
- Service charge
- AED 54,800 /yr
- Last sold
- AED 3.8M · May 2024
- Building
- Mon Reve (Credo Tower)
About 1104, Mon Reve (Credo Tower)
1104 is a three-bedroom apartment of 2,100 sqft on the 11th floor of Mon Reve (Credo Tower), a 15-storey tower in Downtown Dubai completed in 2015 by Credo Investments. It last sold on 8 May 2024 for AED 3,800,000, or AED 1,809 per sqft, 16% above the AED 1,555 three-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 16 October 2024, is AED 90,000 a year: a gross yield of 2.4% on the 2024 price, before the service charge of about AED 54,800 a year.
Sales and rents for 1104 over time
1104 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Mon Reve (Credo Tower), and where 1104 sits
All 15 3-beds →1104 last sold in May 2024 at AED 1,809 per sqft, 16% above what three-beds in Mon Reve (Credo Tower) were fetching at the time (AED 1,555). Over the last 12 months three-beds sold for AED 2,600,000 to 2,659,932, around AED 1,247 per sqft, and rent for AED 178,000 to 210,000 a year. 1104's AED 90,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Apr 20267 April 2026 | 2,217 sqft | 2,659,932 | 1,200 | ||
| 30 Mar 202630 March 2026 | 2,009 sqft | 2,600,000 | 1,293 | ||
| 30 May 202530 May 2025 | 2,190 sqft | 2,627,508 | 1,200 | ||
| 26 Mar 202426 March 2024 | 1,850 sqft | 2,887,772 | 1,560 |
Mon Reve (Credo Tower)
Building86 apartments, 1-bed to 4-bed over 15 floors in Downtown Dubai, completed in 2015 by Credo Investments. 6 sold in the last 12 months.
- Typical price per sqft
- AED 1,750
- Typical sale
- AED 2.73M
- Typical rent
- AED 150K /yr
- Typical yield
- 5.9%
Other units on the 11th floor
All 86 units in Mon Reve (Credo Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 1,354 sqft | AED 2.2MAED 2,200,000 · May 2023May 2023 | 170,000 /yr | |
| 1102 | 2-bed | 1,377 sqft | AED 2.2MAED 2,200,000 · Jun 2023June 2023 | 170,000 /yr | |
| 1103 | 3-bed | 2,009 sqft | AED 2.6MAED 2,600,000 · Mar 2026March 2026 | ||
| 1105 | 3-bed | 1,850 sqft | AED 2.89MAED 2,887,772 · Mar 2024March 2024 | 200,000 /yr | |
| 1106 | 2-bed | 1,198 sqft | AED 2.35MAED 2,350,000 · Feb 2025February 2025 | ||
| 1107 | 2-bed | 1,458 sqft | AED 2.3MAED 2,300,000 · Dec 2023December 2023 | 165,000 /yr |
1104, Mon Reve (Credo Tower) in numbers
- Sold twice: first on 25 March 2024 for AED 3,255,901, last on 8 May 2024 for AED 3,800,000 (AED 1,809 per sqft).
- Rented since August 2021 on 3 Ejari contracts, from AED 160,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2024 price is 2.4%, before a service charge of about AED 54,800 a year (AED 26.09 per sqft).
- Three-beds in Mon Reve (Credo Tower) sold for AED 2,600,000–2,659,932 in the 12 months to November 2026; the building's median across all types is AED 1,750 per sqft.
Source: Dubai Land Department. Updated 16 October 2024.
Questions about 1104, Mon Reve (Credo Tower)
What did unit 1104 last sell for?
AED 3,800,000 on 8 May 2024: AED 1,809 per sqft for 2,100 sqft. The unit has 2 registered sales; the first was AED 3,255,901 in March 2024.
What is the rent for unit 1104?
AED 90,000 a year on the contract signed on 16 October 2024. The previous contract, from September 2022, was AED 165,000; the unit has been rented since August 2021.
How big is unit 1104?
2,100 sqft (195.1 sqm): a three-bedroom apartment on the 11th floor of a 15-storey tower completed in 2015.
What is unit 1104 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mon Reve (Credo Tower) sold for AED 2,600,000 to 2,659,932 in the last 12 months, around AED 1,247 per sqft.
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Mortgage on 1104, Mon Reve (Credo Tower)
Starts from the last sale price (AED 3.8M, 8 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,800,000
- Deposit, UAE resident (20%)
- AED 760,000
- Deposit, non-resident (40%)
- AED 1,520,000
- Monthly over 25 years at 3.7%
- AED 15,547
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →