803, Mon Reve (Credo Tower)
Sold prices and rental history: sold once, by the developer in March 2018, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 803, Mon Reve (Credo Tower)
What is 803 worth today?
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Source: Dubai Land Department. Updated 15 August 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,536 sqft
- Floor
- 8th of 15
- Parking
- P1-26
- Developer
- Credo Investments
- Completed
- 2015
- Service charge
- AED 40,100 /yr
- Last sold
- AED 2.45M · March 2018
- Building
- Mon Reve (Credo Tower)
About 803, Mon Reve (Credo Tower)
803 is a two-bedroom apartment of 1,536 sqft on the 8th floor of Mon Reve (Credo Tower), a 15-storey tower in Downtown Dubai completed in 2015 by Credo Investments. The developer sold it on 28 March 2018 for AED 2,451,602, or AED 1,596 per sqft, in line with the AED 1,596 two-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 15 August 2020, is AED 85,000 a year: a gross yield of 3.5% on the 2018 price, before the service charge of about AED 40,100 a year.
Sales and rents for 803 over time
803 has sold once; 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 803 sits
All 51 2-beds →803 last sold in March 2018 at AED 1,596 per sqft, in line with what two-beds in Mon Reve (Credo Tower) were fetching at the time (AED 1,596). 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. 803's AED 85,000 is at the bottom 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 8th floor
All 86 units in Mon Reve (Credo Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 2-bed | 1,356 sqft | AED 2.17MAED 2,166,154 · Mar 2018March 2018 | 150,000 /yr | |
| 802 | 2-bed | 1,381 sqft | AED 2.17MAED 2,166,154 · Mar 2018March 2018 | 103,730 /yr | |
| 804 | 2-bed | 1,400 sqft | AED 2.23MAED 2,233,312 · Mar 2018March 2018 | 123,165 /yr | |
| 805 | 2-bed | 1,469 sqft | AED 2.35MAED 2,350,858 · Mar 2018March 2018 | 114,169 /yr | |
| 806 | 2-bed | 1,551 sqft | AED 2.47MAED 2,468,404 · Mar 2018March 2018 | 80,000 /yr | |
| 807 | 1-bed | 868 sqft | AED 1.36MAED 1,360,133 · Mar 2018March 2018 | 85,000 /yr | |
| 808 | 1-bed | 870 sqft | AED 1.36MAED 1,360,133 · Mar 2018March 2018 | 75,000 /yr | |
| 809 | 1-bed | 824 sqft | AED 1.29MAED 1,285,253 · Mar 2018March 2018 | 95,000 /yr |
803, Mon Reve (Credo Tower) in numbers
- Sold once: by Credo Investments on 28 March 2018 for AED 2,451,602, or AED 1,596 per sqft.
- Rented since August 2018 on 3 Ejari contracts, from AED 105,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2018 price is 3.5%, before a service charge of about AED 40,100 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 15 August 2020.
Questions about 803, Mon Reve (Credo Tower)
What did unit 803 last sell for?
AED 2,451,602 on 28 March 2018, sold by the developer: AED 1,596 per sqft for 1,536 sqft. It is the only registered sale of the unit.
What is the rent for unit 803?
AED 85,000 a year on the contract renewed on 15 August 2020. The previous contract, from August 2019, was AED 105,000; the unit has been rented since August 2018.
How big is unit 803?
1,536 sqft (142.7 sqm): a two-bedroom apartment on the 8th floor of a 15-storey tower completed in 2015.
What is unit 803 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 803, Mon Reve (Credo Tower)
Starts from the last sale price (AED 2.45M, 28 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,451,602
- Deposit, UAE resident (20%)
- AED 490,320
- Deposit, non-resident (40%)
- AED 980,641
- Monthly over 25 years at 3.7%
- AED 10,030
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →