501, Mon Reve (Credo Tower)
Sold prices and rental history: sold once, by the developer in February 2026, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Mon Reve (Credo Tower)
What is 501 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,563 sqft
- Floor
- 5th of 15
- Parking
- P2-24 0
- Developer
- Credo Investments
- Completed
- 2015
- Service charge
- AED 40,800 /yr
- Last sold
- AED 2.8M · February 2026
- Building
- Mon Reve (Credo Tower)
About 501, Mon Reve (Credo Tower)
501 is a two-bedroom apartment of 1,563 sqft on the 5th 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 February 2026 for AED 2,800,000, or AED 1,791 per sqft, in line with the AED 1,791 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 October 2026, is AED 130,000 a year: a gross yield of 4.6% on the 2026 price, before the service charge of about AED 40,800 a year.
Sales and rents for 501 over time
501 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 501 sits
All 51 2-beds →501 last sold in February 2026 at AED 1,791 per sqft, in line with what two-beds in Mon Reve (Credo Tower) were fetching at the time (AED 1,791). 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. 501's AED 130,000 is at the bottom 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 | ||
| 30 Dec 202530 December 2025 | 1,197 sqft | 2,200,000 | 1,837 | ||
| 2 Jun 20252 June 2025 | 1,864 sqft | 2,236,656 | 1,200 |
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 5th floor
All 86 units in Mon Reve (Credo Tower)501, Mon Reve (Credo Tower) in numbers
- Sold once: by Credo Investments on 6 February 2026 for AED 2,800,000, or AED 1,791 per sqft.
- Rented since July 2022 on 4 Ejari contracts, from AED 132,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2026 price is 4.6%, before a service charge of about AED 40,800 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 1 October 2026.
Questions about 501, Mon Reve (Credo Tower)
What did unit 501 last sell for?
AED 2,800,000 on 6 February 2026, sold by the developer: AED 1,791 per sqft for 1,563 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 130,000 a year on the contract signed on 1 October 2026. The previous contract, from July 2024, was AED 150,700; the unit has been rented since July 2022.
How big is unit 501?
1,563 sqft (145.2 sqm): a two-bedroom apartment on the 5th floor of a 15-storey tower completed in 2015.
What is unit 501 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 501, Mon Reve (Credo Tower)
Starts from the last sale price (AED 2.8M, 6 February 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →