2-bed · 1,380 sqftMon Reve (Credo Tower), Downtown Dubai · 7th floor · completed 2015

702, Mon Reve (Credo Tower)

Sold prices and rental history: sold once, by the developer in January 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 20 January 2022
Last soldAED 2M20 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Mon Reve (Credo Tower)

What is 702 worth today?

Last sold for AED 2,000,000 in 2022

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20 Jan 2022Sold by developerReady
AED 2,000,000AED 1,449 per sqft

Source: Dubai Land Department. Updated 20 January 2022.

Key facts

Type
2-bed apartment
Size
1,380 sqft
Floor
7th of 15
Parking
P2-1
Developer
Credo Investments
Completed
2015
Service charge
AED 36,000 /yr
Last sold
AED 2M · January 2022

About 702, Mon Reve (Credo Tower)

702 is a two-bedroom apartment of 1,380 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 20 January 2022 for AED 2,000,000, or AED 1,449 per sqft, 4% below the AED 1,513 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, 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, January 2022: AED 2,000,000 (AED 1,449 per sqft)

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

Rents
Unit 702, 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 150,000

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 702 sits

All 51 2-beds →

702 last sold in January 2022 at AED 1,449 per sqft, 4% below what two-beds in Mon Reve (Credo Tower) were fetching at the time (AED 1,513). 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.

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
7012-bedAED 2.13M · Oct 2023
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

702, Mon Reve (Credo Tower) in numbers

  • Sold once: by Credo Investments on 20 January 2022 for AED 2,000,000, or AED 1,449 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 20 January 2022.

Questions about 702, Mon Reve (Credo Tower)

What did unit 702 last sell for?

AED 2,000,000 on 20 January 2022, sold by the developer: AED 1,449 per sqft for 1,380 sqft. It is the only registered sale of the unit.

How big is unit 702?

1,380 sqft (128.2 sqm): a two-bedroom apartment on the 7th floor of a 15-storey tower completed in 2015.

What is unit 702 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 702, Mon Reve (Credo Tower)

Starts from the last sale price (AED 2M, 20 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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