508, Mon Reve (Credo Tower)
Sold prices and rental history: sold twice, last in March 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Mon Reve (Credo Tower)
What is 508 worth today?
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Source: Dubai Land Department. Updated 6 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 854 sqft
- Floor
- 5th of 15
- Parking
- P2-41
- Developer
- Credo Investments
- Completed
- 2015
- Service charge
- AED 22,300 /yr
- Last sold
- AED 1.5M · March 2023
- Building
- Mon Reve (Credo Tower)
About 508, Mon Reve (Credo Tower)
508 is a one-bedroom apartment of 854 sqft on the 5th floor of Mon Reve (Credo Tower), a 15-storey tower in Downtown Dubai completed in 2015 by Credo Investments. It last sold on 21 March 2023 for AED 1,500,000, or AED 1,757 per sqft.
It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 6 October 2026, is AED 100,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 22,300 a year.
Sales and rents for 508 over time
508 has sold twice; the dashed line is the one-bed median of each year in the building.
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 508 sits
All 18 1-beds →508's AED 100,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jun 202512 June 2025 | 870 sqft | 1,500,000 | 1,723 | ||
| 11 Jun 202511 June 2025 | 854 sqft | 1,600,000 | 1,874 | ||
| 12 Nov 202412 November 2024 | 870 sqft | 1,475,000 | 1,694 | ||
| 26 Oct 202326 October 2023 | 870 sqft | 1,250,000 | 1,436 |
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 | |
| 502 | 2-bed | 1,383 sqft | AED 2.3MAED 2,300,000 · Mar 2024March 2024 | 135,000 /yr | |
| 507 | 1-bed | 852 sqft | AED 1.55MAED 1,550,000 · Apr 2018April 2018 | 80,000 /yr | |
| 509 | 1-bed | 852 sqft | AED 1.3MAED 1,300,000 · Jan 2023January 2023 | 120,000 /yr |
508, Mon Reve (Credo Tower) in numbers
- Sold twice: first on 24 August 2020 for AED 1,225,000, last on 21 March 2023 for AED 1,500,000 (AED 1,757 per sqft).
- Rented since November 2024 on 3 Ejari contracts, from AED 127,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 22,300 a year (AED 26.09 per sqft).
Source: Dubai Land Department. Updated 6 October 2026.
Questions about 508, Mon Reve (Credo Tower)
What did unit 508 last sell for?
AED 1,500,000 on 21 March 2023: AED 1,757 per sqft for 854 sqft. The unit has 2 registered sales; the first was AED 1,225,000 in August 2020.
What is the rent for unit 508?
AED 100,000 a year on the contract signed on 6 October 2026. The previous contract, from November 2025, was AED 127,000; the unit has been rented since November 2024.
How big is unit 508?
854 sqft (79.3 sqm): a one-bedroom apartment on the 5th floor of a 15-storey tower completed in 2015.
What is unit 508 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 508, Mon Reve (Credo Tower)
Starts from the last sale price (AED 1.5M, 21 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →