3-bed · 2,223 sqftMon Reve (Credo Tower), Downtown Dubai · 14th floor · completed 2015

1404, Mon Reve (Credo Tower)

Sold prices and rental history: sold once, by the developer in July 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 6 July 2023
Last soldAED 3.35M6 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Mon Reve (Credo Tower)

What is 1404 worth today?

Last sold for AED 3,350,000 in 2023

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6 Jul 2023Sold by developerReady
AED 3,350,000AED 1,507 per sqft

Source: Dubai Land Department. Updated 6 July 2023.

Key facts

Type
3-bed apartment
Size
2,223 sqft
Floor
14th of 15
Parking
G-43, G-44
Developer
Credo Investments
Completed
2015
Service charge
AED 58,000 /yr
Last sold
AED 3.35M · July 2023

About 1404, Mon Reve (Credo Tower)

1404 is a three-bedroom apartment of 2,223 sqft on the 14th floor of Mon Reve (Credo Tower), a 15-storey tower in Downtown Dubai completed in 2015 by Credo Investments. The developer sold it on 6 July 2023 for AED 3,350,000, or AED 1,507 per sqft, in line with the AED 1,510 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1404 over time

Sales
Unit 1404, each saleTypical three-bed in Mon Reve (Credo Tower)
3M3.2M3.4M2018202020222024Typical sale price by year: 2018 AED 2,950,604; 2024 AED 3,255,901Sold by developer, July 2023: AED 3,350,000 (AED 1,507 per sqft)

1404 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1404, each contractTypical three-bed in Mon Reve (Credo Tower)
150K200K20192021202320252027Typical rent by year: 2019 AED 125,000; 2021 AED 130,000; 2022 AED 139,375; 2023 AED 156,000; 2024 AED 195,640; 2025 AED 219,410; 2026 AED 190,000

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 1404 sits

All 15 3-beds →

1404 last sold in July 2023 at AED 1,507 per sqft, in line with what three-beds in Mon Reve (Credo Tower) were fetching at the time (AED 1,510). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Apr 20262,659,932
30 Mar 20262,600,000
30 May 20252,627,508
8 May 20243,800,000
2 3-bed sales in the last 12 months

Mon Reve (Credo Tower)

Building

86 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%
Mon Reve (Credo Tower), Downtown Dubai: prices, sales and rents →

Other units on the 14th floor

All 86 units in Mon Reve (Credo Tower)
Value
14012-bedAED 2.18M · May 2022
14022-bedAED 2.55M · Nov 2023
14033-bedAED 2.83M · Aug 2022
14053-bedAED 2.94M · Aug 2022
14062-bedAED 2.2M · Dec 2025
14072-bedAED 2.23M · Nov 2022

1404, Mon Reve (Credo Tower) in numbers

  • Sold once: by Credo Investments on 6 July 2023 for AED 3,350,000, or AED 1,507 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 6 July 2023.

Questions about 1404, Mon Reve (Credo Tower)

What did unit 1404 last sell for?

AED 3,350,000 on 6 July 2023, sold by the developer: AED 1,507 per sqft for 2,223 sqft. It is the only registered sale of the unit.

How big is unit 1404?

2,223 sqft (206.5 sqm): a three-bedroom apartment on the 14th floor of a 15-storey tower completed in 2015.

What is unit 1404 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 1404, Mon Reve (Credo Tower)

Starts from the last sale price (AED 3.35M, 6 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,350,000
Deposit, UAE resident (20%)
AED 670,000
Deposit, non-resident (40%)
AED 1,340,000
Monthly over 25 years at 3.7%
AED 13,706

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →