1107, Mon Reve (Credo Tower)
Sold prices and rental history: sold once, by the developer in December 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1107, Mon Reve (Credo Tower)
What is 1107 worth today?
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Source: Dubai Land Department. Updated 11 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,458 sqft
- Floor
- 11th of 15
- Parking
- G-29
- Developer
- Credo Investments
- Completed
- 2015
- Service charge
- AED 38,000 /yr
- Last sold
- AED 2.3M · December 2023
- Building
- Mon Reve (Credo Tower)
About 1107, Mon Reve (Credo Tower)
1107 is a two-bedroom apartment of 1,458 sqft on the 11th 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 December 2023 for AED 2,300,000, or AED 1,577 per sqft, in line with the AED 1,587 two-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 7 December 2022, is AED 165,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 38,000 a year.
Sales and rents for 1107 over time
1107 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 1107 sits
All 51 2-beds →1107 last sold in December 2023 at AED 1,577 per sqft, in line with what two-beds in Mon Reve (Credo Tower) were fetching at the time (AED 1,587). Over the last 12 months two-beds sold for AED 2,200,000 to 3,740,048, around AED 1,771 per sqft, and rent for AED 130,000 to 205,000 a year. 1107's AED 165,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Mar 202625 March 2026 | 2,089 sqft | 3,655,470 | 1,750 | ||
| 24 Mar 202624 March 2026 | 2,137 sqft | 3,740,048 | 1,750 | ||
| 6 Feb 20266 February 2026 | 1,563 sqft | 2,800,000 | 1,791 | ||
| 30 Dec 202530 December 2025 | 1,197 sqft | 2,200,000 | 1,837 |
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 | ||
| 1104 | 3-bed | 2,100 sqft | AED 3.8MAED 3,800,000 · May 2024May 2024 | 90,000 /yr | |
| 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, Mon Reve (Credo Tower) in numbers
- Sold once: by Credo Investments on 11 December 2023 for AED 2,300,000, or AED 1,577 per sqft.
- Rented since December 2021 on 2 Ejari contracts, from AED 150,000 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 38,000 a year (AED 26.09 per sqft).
- Two-beds in Mon Reve (Credo Tower) sold for AED 2,200,000–3,740,048 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 11 December 2023.
Questions about 1107, Mon Reve (Credo Tower)
What did unit 1107 last sell for?
AED 2,300,000 on 11 December 2023, sold by the developer: AED 1,577 per sqft for 1,458 sqft. It is the only registered sale of the unit.
What is the rent for unit 1107?
AED 165,000 a year on the contract renewed on 7 December 2022. The previous contract, from December 2021, was AED 150,000.
How big is unit 1107?
1,458 sqft (135.5 sqm): a two-bedroom apartment on the 11th floor of a 15-storey tower completed in 2015.
What is unit 1107 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 3,740,048 in the last 12 months, around AED 1,771 per sqft.
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Mortgage on 1107, Mon Reve (Credo Tower)
Starts from the last sale price (AED 2.3M, 11 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →