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2-bed · 1,356 sqftMon Reve (Credo Tower), Downtown Dubai · 7th floor · completed 2015

701, Mon Reve (Credo Tower)

Sold prices and rental history: sold once, by the developer in October 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 2 May 2025
Last soldAED 2.13M8 October 2023
Current rentAED 150K /yr2 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 701, Mon Reve (Credo Tower)

What is 701 worth today?

Last sold for AED 2,130,000 in 2023

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2 May 2025RentedNew contract
AED 150,000/yr12 months · AED 111 per sqft
2 May 2025RentedNew contract
AED 150,000/yr12 months · AED 111 per sqft
8 Oct 2023Sold by developerReady
AED 2,130,000AED 1,571 per sqft

Source: Dubai Land Department. Updated 2 May 2025.

Key facts

Type
2-bed apartment
Size
1,356 sqft
Floor
7th of 15
Parking
P1-18
Developer
Credo Investments
Completed
2015
Service charge
AED 35,400 /yr
Last sold
AED 2.13M · October 2023
Building
Mon Reve (Credo Tower)

About 701, Mon Reve (Credo Tower)

701 is a two-bedroom apartment of 1,356 sqft on the 7th floor of Mon Reve (Credo Tower), a 15-storey tower in Downtown Dubai completed in 2015 by Credo Investments. The developer sold it on 8 October 2023 for AED 2,130,000, or AED 1,571 per sqft, in line with the AED 1,585 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 2 May 2025, is AED 150,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 35,400 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in Mon Reve (Credo Tower)
2M3M20152018202120242027Typical sale price by year: 2015 AED 2,312,168; 2018 AED 2,166,154; 2021 AED 2,167,658; 2022 AED 2,087,500; 2023 AED 2,200,000; 2025 AED 2,293,328; 2026 AED 3,655,470Sold by developer, October 2023: AED 2,130,000 (AED 1,571 per sqft)

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

Rents
Unit 701, each contractTypical two-bed in Mon Reve (Credo Tower)
100K150K2018202120242027Typical rent by year: 2018 AED 105,000; 2019 AED 100,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 117,865; 2023 AED 146,000; 2024 AED 162,000; 2025 AED 160,000; 2026 AED 150,000New contract, May 2025: AED 150,000 a yearNew contract, May 2025: AED 150,000 a year

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 701 sits

All 51 2-beds →

701 last sold in October 2023 at AED 1,571 per sqft, in line with what two-beds in Mon Reve (Credo Tower) were fetching at the time (AED 1,585). 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. 701's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Mar 20263,655,470
24 Mar 20263,740,048
6 Feb 20262,800,000
30 Dec 20252,200,000
4 2-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 7th floor

All 86 units in Mon Reve (Credo Tower)
Value
7022-bedAED 2M · Jan 2022
7032-bedAED 2.89M · Oct 2018
7042-bedAED 2.17M · Oct 2023
7052-bedAED 2.35M · Nov 2023
7071-bedAED 1.55M · Jul 2015
7081-bedAED 1.6M · Jun 2025
7091-bedAED 1.49M · Jun 2023

701, Mon Reve (Credo Tower) in numbers

  • Sold once: by Credo Investments on 8 October 2023 for AED 2,130,000, or AED 1,571 per sqft.
  • Rented since May 2025 on 2 Ejari contracts, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2023 price is 7.0%, 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 2 May 2025.

Questions about 701, Mon Reve (Credo Tower)

What did unit 701 last sell for?

AED 2,130,000 on 8 October 2023, sold by the developer: AED 1,571 per sqft for 1,356 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 150,000 a year on the contract signed on 2 May 2025. The previous contract, from May 2025, was AED 150,000.

How big is unit 701?

1,356 sqft (126.0 sqm): a two-bedroom apartment on the 7th floor of a 15-storey tower completed in 2015.

What is unit 701 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 701, Mon Reve (Credo Tower)

Starts from the last sale price (AED 2.13M, 8 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,130,000
Deposit, UAE resident (20%)
AED 426,000
Deposit, non-resident (40%)
AED 852,000
Monthly over 25 years at 3.7%
AED 8,714

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