1-bed · 852 sqftMon Reve (Credo Tower), Downtown Dubai · 5th floor · completed 2015

507, Mon Reve (Credo Tower)

Sold prices and rental history: sold once, by the developer in April 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 24 September 2026
Last soldAED 1.55M19 April 2018
Current rentAED 80K /yr24 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Mon Reve (Credo Tower)

What is 507 worth today?

Last sold for AED 1,550,000 in 2018

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24 Sep 2026RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
12 Jul 2025RentedRenewal
AED 95,000/yr12 months · AED 112 per sqft
12 Jul 2024RentedNew contract
AED 95,000/yr12 months · AED 112 per sqft
1 Apr 2023RentedNew contract
AED 100,000/yr12 months · AED 117 per sqft
1 Jul 2020RentedNew contract
AED 55,000/yr12 months · AED 65 per sqft
19 Apr 2018Sold by developerReady
AED 1,550,000AED 1,820 per sqft

Source: Dubai Land Department. Updated 24 September 2026.

Key facts

Type
1-bed apartment
Size
852 sqft
Floor
5th of 15
Parking
P2-40
Developer
Credo Investments
Completed
2015
Service charge
AED 22,200 /yr
Last sold
AED 1.55M · April 2018

About 507, Mon Reve (Credo Tower)

507 is a one-bedroom apartment of 852 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 19 April 2018 for AED 1,550,000, or AED 1,820 per sqft, 17% above the AED 1,562 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 24 September 2026, is AED 80,000 a year: a gross yield of 5.2% on the 2018 price, before the service charge of about AED 22,200 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical one-bed in Mon Reve (Credo Tower)
1.3M1.4M1.5M2015201820212024Typical sale price by year: 2015 AED 1,467,632; 2018 AED 1,333,977; 2023 AED 1,359,732Sold by developer, April 2018: AED 1,550,000 (AED 1,820 per sqft)

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

Rents
Unit 507, each contractTypical one-bed in Mon Reve (Credo Tower)
50K75K100K2018202120242027Typical rent by year: 2018 AED 75,000; 2019 AED 65,000; 2020 AED 60,000; 2022 AED 90,000; 2023 AED 95,000; 2024 AED 105,000; 2025 AED 107,500; 2026 AED 90,000New contract, July 2020: AED 55,000 a yearNew contract, April 2023: AED 100,000 a yearNew contract, July 2024: AED 95,000 a yearRenewal, July 2025: AED 95,000 a yearNew contract, September 2026: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Mon Reve (Credo Tower), and where 507 sits

All 18 1-beds →

507 last sold in April 2018 at AED 1,820 per sqft, 17% above what one-beds in Mon Reve (Credo Tower) were fetching at the time (AED 1,562). 507's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Jun 20251,500,000
11 Jun 20251,600,000
12 Nov 20241,475,000
26 Oct 20231,250,000
0 1-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 5th floor

All 86 units in Mon Reve (Credo Tower)
Value
5012-bedAED 2.8M · Feb 2026
5022-bedAED 2.3M · Mar 2024
5081-bedAED 1.5M · Mar 2023
5091-bedAED 1.3M · Jan 2023

507, Mon Reve (Credo Tower) in numbers

  • Sold once: by Credo Investments on 19 April 2018 for AED 1,550,000, or AED 1,820 per sqft.
  • Rented since July 2020 on 5 Ejari contracts, from AED 55,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2018 price is 5.2%, before a service charge of about AED 22,200 a year (AED 26.09 per sqft).

Source: Dubai Land Department. Updated 24 September 2026.

Questions about 507, Mon Reve (Credo Tower)

What did unit 507 last sell for?

AED 1,550,000 on 19 April 2018, sold by the developer: AED 1,820 per sqft for 852 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 80,000 a year on the contract signed on 24 September 2026. The previous contract, from July 2025, was AED 95,000; the unit has been rented since July 2020.

How big is unit 507?

852 sqft (79.2 sqm): a one-bedroom apartment on the 5th floor of a 15-storey tower completed in 2015.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 507, Mon Reve (Credo Tower)

Starts from the last sale price (AED 1.55M, 19 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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