502, Mon Reve (Credo Tower)
Sold prices and rental history: sold once, by the developer in March 2024, and rented once, from October 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Mon Reve (Credo Tower)
What is 502 worth today?
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Source: Dubai Land Department. Updated 13 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,383 sqft
- Floor
- 5th of 15
- Parking
- P2-31
- Developer
- Credo Investments
- Completed
- 2015
- Service charge
- AED 36,100 /yr
- Last sold
- AED 2.3M · March 2024
- Building
- Mon Reve (Credo Tower)
About 502, Mon Reve (Credo Tower)
502 is a two-bedroom apartment of 1,383 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 13 March 2024 for AED 2,300,000, or AED 1,663 per sqft, 4% above the AED 1,597 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 25 October 2022. The current contract, signed on 25 October 2022, is AED 135,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 36,100 a year.
Sales and rents for 502 over time
502 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 502 sits
All 51 2-beds →502 last sold in March 2024 at AED 1,663 per sqft, 4% above what two-beds in Mon Reve (Credo Tower) were fetching at the time (AED 1,597). 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. 502's AED 135,000 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 5th floor
All 86 units in Mon Reve (Credo Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,563 sqft | AED 2.8MAED 2,800,000 · Feb 2026February 2026 | 130,000 /yr | |
| 507 | 1-bed | 852 sqft | AED 1.55MAED 1,550,000 · Apr 2018April 2018 | 80,000 /yr | |
| 508 | 1-bed | 854 sqft | AED 1.5MAED 1,500,000 · Mar 2023March 2023 | 100,000 /yr | |
| 509 | 1-bed | 852 sqft | AED 1.3MAED 1,300,000 · Jan 2023January 2023 | 120,000 /yr |
502, Mon Reve (Credo Tower) in numbers
- Sold once: by Credo Investments on 13 March 2024 for AED 2,300,000, or AED 1,663 per sqft.
- Rented since October 2022 on one Ejari contract, at AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 36,100 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 13 March 2024.
Questions about 502, Mon Reve (Credo Tower)
What did unit 502 last sell for?
AED 2,300,000 on 13 March 2024, sold by the developer: AED 1,663 per sqft for 1,383 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 135,000 a year on the contract signed on 25 October 2022.
How big is unit 502?
1,383 sqft (128.5 sqm): a two-bedroom apartment on the 5th floor of a 15-storey tower completed in 2015.
What is unit 502 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 502, Mon Reve (Credo Tower)
Starts from the last sale price (AED 2.3M, 13 March 2024). 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 →