1405, Mon Reve (Credo Tower)
Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1405, Mon Reve (Credo Tower)
What is 1405 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,855 sqft
- Floor
- 14th of 15
- Parking
- G-10,P1-9
- Developer
- Credo Investments
- Completed
- 2015
- Service charge
- AED 48,400 /yr
- Last sold
- AED 2.94M · August 2022
- Building
- Mon Reve (Credo Tower)
About 1405, Mon Reve (Credo Tower)
1405 is a three-bedroom apartment of 1,855 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 11 August 2022 for AED 2,940,000, or AED 1,585 per sqft.
It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 1 September 2026, is AED 200,000 a year: a gross yield of 6.8% on the 2022 price, before the service charge of about AED 48,400 a year.
Sales and rents for 1405 over time
1405 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 1405 sits
All 15 3-beds →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. 1405's AED 200,000 is in the upper half 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 14th floor
All 86 units in Mon Reve (Credo Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,404 sqft | AED 2.18MAED 2,175,000 · May 2022May 2022 | 168,000 /yr | |
| 1402 | 2-bed | 1,379 sqft | AED 2.55MAED 2,550,000 · Nov 2023November 2023 | ||
| 1403 | 3-bed | 1,873 sqft | AED 2.83MAED 2,830,000 · Aug 2022August 2022 | ||
| 1404 | 3-bed | 2,223 sqft | AED 3.35MAED 3,350,000 · Jul 2023July 2023 | ||
| 1406 | 2-bed | 1,197 sqft | AED 2.2MAED 2,200,000 · Dec 2025December 2025 | 145,000 /yr | |
| 1407 | 2-bed | 1,403 sqft | AED 2.23MAED 2,225,000 · Nov 2022November 2022 |
1405, Mon Reve (Credo Tower) in numbers
- Sold once: by Credo Investments on 11 August 2022 for AED 2,940,000, or AED 1,585 per sqft.
- Rented since March 2025 on 3 Ejari contracts, from AED 219,410 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2022 price is 6.8%, before a service charge of about AED 48,400 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 1 September 2026.
Questions about 1405, Mon Reve (Credo Tower)
What did unit 1405 last sell for?
AED 2,940,000 on 11 August 2022, sold by the developer: AED 1,585 per sqft for 1,855 sqft. It is the only registered sale of the unit.
What is the rent for unit 1405?
AED 200,000 a year on the contract signed on 1 September 2026. The previous contract, from March 2025, was AED 219,410; the unit has been rented since March 2025.
How big is unit 1405?
1,855 sqft (172.3 sqm): a three-bedroom apartment on the 14th floor of a 15-storey tower completed in 2015.
What is unit 1405 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 1405, Mon Reve (Credo Tower)
Starts from the last sale price (AED 2.94M, 11 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,940,000
- Deposit, UAE resident (20%)
- AED 588,000
- Deposit, non-resident (40%)
- AED 1,176,000
- Monthly over 25 years at 3.7%
- AED 12,028
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →