1305, Mon Reve (Credo Tower)
Sold prices and rental history: sold once, by the developer in October 2018, and rented once, from February 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1305, Mon Reve (Credo Tower)
What is 1305 worth today?
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Source: Dubai Land Department. Updated 21 February 2019.
Key facts
- Type
- 3-bed apartment
- Size
- 1,850 sqft
- Floor
- 13th of 15
- Parking
- G-19,P1-10
- Developer
- Credo Investments
- Completed
- 2015
- Service charge
- AED 48,300 /yr
- Last sold
- AED 2.94M · October 2018
- Building
- Mon Reve (Credo Tower)
About 1305, Mon Reve (Credo Tower)
1305 is a three-bedroom apartment of 1,850 sqft on the 13th floor of Mon Reve (Credo Tower), a 15-storey tower in Downtown Dubai completed in 2015 by Credo Investments. The developer sold it on 2 October 2018 for AED 2,944,768, or AED 1,591 per sqft, in line with the AED 1,577 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 21 February 2019. The current contract, signed on 21 February 2019, is AED 125,000 a year: a gross yield of 4.2% on the 2018 price, before the service charge of about AED 48,300 a year.
Sales and rents for 1305 over time
1305 has sold once; 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 1305 sits
All 15 3-beds →1305 last sold in October 2018 at AED 1,591 per sqft, in line with what three-beds in Mon Reve (Credo Tower) were fetching at the time (AED 1,577). 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. 1305's AED 125,000 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 | ||
| 8 May 20248 May 2024 | 2,100 sqft | 3,800,000 | 1,809 |
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 13th floor
All 86 units in Mon Reve (Credo Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,354 sqft | AED 2.15MAED 2,152,268 · Apr 2018April 2018 | 144,645 /yr | |
| 1302 | 2-bed | 1,379 sqft | AED 2.15MAED 2,152,268 · Apr 2018April 2018 | 90,000 /yr | |
| 1303 | 3-bed | 1,874 sqft | AED 2.96MAED 2,956,439 · Oct 2018October 2018 | 190,000 /yr | |
| 1304 | 3-bed | 2,221 sqft | AED 3.32MAED 3,320,162 · Oct 2018October 2018 | 130,000 /yr | |
| 1306 | 2-bed | 1,198 sqft | AED 1.88MAED 1,878,647 · Apr 2018April 2018 | 155,000 /yr | |
| 1307 | 2-bed | 1,405 sqft | AED 2.26MAED 2,264,039 · Apr 2018April 2018 | 100,000 /yr |
1305, Mon Reve (Credo Tower) in numbers
- Sold once: by Credo Investments on 2 October 2018 for AED 2,944,768, or AED 1,591 per sqft.
- Rented since February 2019 on one Ejari contract, at AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2018 price is 4.2%, before a service charge of about AED 48,300 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 21 February 2019.
Questions about 1305, Mon Reve (Credo Tower)
What did unit 1305 last sell for?
AED 2,944,768 on 2 October 2018, sold by the developer: AED 1,591 per sqft for 1,850 sqft. It is the only registered sale of the unit.
What is the rent for unit 1305?
AED 125,000 a year on the contract signed on 21 February 2019.
How big is unit 1305?
1,850 sqft (171.9 sqm): a three-bedroom apartment on the 13th floor of a 15-storey tower completed in 2015.
What is unit 1305 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 1305, Mon Reve (Credo Tower)
Starts from the last sale price (AED 2.94M, 2 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,944,768
- Deposit, UAE resident (20%)
- AED 588,954
- Deposit, non-resident (40%)
- AED 1,177,907
- Monthly over 25 years at 3.7%
- AED 12,048
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →