601, Mon Reve (Credo Tower)
Sold prices and rental history: sold 3 times, last in July 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, Mon Reve (Credo Tower)
What is 601 worth today?
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Source: Dubai Land Department. Updated 30 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,356 sqft
- Floor
- 6th of 15
- Parking
- P2-9
- Developer
- Credo Investments
- Completed
- 2015
- Service charge
- AED 35,400 /yr
- Last sold
- AED 2.55M · July 2024
- Building
- Mon Reve (Credo Tower)
About 601, Mon Reve (Credo Tower)
601 is a two-bedroom apartment of 1,356 sqft on the 6th floor of Mon Reve (Credo Tower), a 15-storey tower in Downtown Dubai completed in 2015 by Credo Investments. It last sold on 30 July 2024 for AED 2,550,000, or AED 1,880 per sqft, 18% above the AED 1,589 two-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 15 July 2023, is AED 140,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 35,400 a year.
Sales and rents for 601 over time
601 has sold 3 times; 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 601 sits
All 51 2-beds →601 last sold in July 2024 at AED 1,880 per sqft, 18% above what two-beds in Mon Reve (Credo Tower) were fetching at the time (AED 1,589). 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. 601's AED 140,000 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 6th floor
All 86 units in Mon Reve (Credo Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 2-bed | 1,380 sqft | AED 2.22MAED 2,222,688 · Dec 2015December 2015 | 160,000 /yr | |
| 603 | 2-bed | 1,537 sqft | AED 2.5MAED 2,496,528 · Dec 2015December 2015 | 170,000 /yr | |
| 604 | 2-bed | 1,402 sqft | AED 2.26MAED 2,260,416 · Dec 2015December 2015 | 150,000 /yr | |
| 605 | 2-bed | 1,469 sqft | AED 2.36MAED 2,363,920 · Dec 2015December 2015 | 165,000 /yr | |
| 606 | 2-bed | 1,552 sqft | AED 2.52MAED 2,519,776 · Dec 2015December 2015 | 150,000 /yr | |
| 607 | 1-bed | 869 sqft | AED 1.38MAED 1,379,840 · Dec 2015December 2015 | 90,000 /yr | |
| 608 | 1-bed | 870 sqft | AED 1.48MAED 1,475,000 · Nov 2024November 2024 | 105,000 /yr | |
| 609 | 1-bed | 824 sqft | AED 1.36MAED 1,359,732 · Jul 2023July 2023 | 95,000 /yr |
601, Mon Reve (Credo Tower) in numbers
- Sold 3 times: first on 20 December 2015 for AED 2,206,320, last on 30 July 2024 for AED 2,550,000 (AED 1,880 per sqft).
- Rented since July 2022 on 2 Ejari contracts, at AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 35,400 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 30 July 2024.
Questions about 601, Mon Reve (Credo Tower)
What did unit 601 last sell for?
AED 2,550,000 on 30 July 2024: AED 1,880 per sqft for 1,356 sqft. The unit has 3 registered sales; the first was AED 2,206,320 in December 2015.
What is the rent for unit 601?
AED 140,000 a year on the contract renewed on 15 July 2023. The previous contract, from July 2022, was AED 140,000.
How big is unit 601?
1,356 sqft (126.0 sqm): a two-bedroom apartment on the 6th floor of a 15-storey tower completed in 2015.
What is unit 601 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 601, Mon Reve (Credo Tower)
Starts from the last sale price (AED 2.55M, 30 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,550,000
- Deposit, UAE resident (20%)
- AED 510,000
- Deposit, non-resident (40%)
- AED 1,020,000
- Monthly over 25 years at 3.7%
- AED 10,433
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →