509, Mon Reve (Credo Tower)
Sold prices and rental history: sold once, by the developer in January 2023, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Mon Reve (Credo Tower)
What is 509 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 852 sqft
- Floor
- 5th of 15
- Parking
- P2-23
- Developer
- Credo Investments
- Completed
- 2015
- Service charge
- AED 22,200 /yr
- Last sold
- AED 1.3M · January 2023
- Building
- Mon Reve (Credo Tower)
About 509, Mon Reve (Credo Tower)
509 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 11 January 2023 for AED 1,300,000, or AED 1,526 per sqft.
One Ejari contract is registered, from 1 September 2026. The current contract, signed on 1 September 2026, is AED 120,000 a year: a gross yield of 9.2% on the 2023 price, before the service charge of about AED 22,200 a year.
Sales and rents for 509 over time
509 has sold once; 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 509 sits
All 18 1-beds →509's AED 120,000 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 | |
| 508 | 1-bed | 854 sqft | AED 1.5MAED 1,500,000 · Mar 2023March 2023 | 100,000 /yr |
509, Mon Reve (Credo Tower) in numbers
- Sold once: by Credo Investments on 11 January 2023 for AED 1,300,000, or AED 1,526 per sqft.
- Rented since September 2026 on one Ejari contract, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2023 price is 9.2%, before a service charge of about AED 22,200 a year (AED 26.09 per sqft).
Source: Dubai Land Department. Updated 1 September 2026.
Questions about 509, Mon Reve (Credo Tower)
What did unit 509 last sell for?
AED 1,300,000 on 11 January 2023, sold by the developer: AED 1,526 per sqft for 852 sqft. It is the only registered sale of the unit.
What is the rent for unit 509?
AED 120,000 a year on the contract signed on 1 September 2026.
How big is unit 509?
852 sqft (79.2 sqm): a one-bedroom apartment on the 5th floor of a 15-storey tower completed in 2015.
What is unit 509 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 509, Mon Reve (Credo Tower)
Starts from the last sale price (AED 1.3M, 11 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →