2-bed · 1,400 sqftMon Reve (Credo Tower), Downtown Dubai · 9th floor · completed 2015

904, Mon Reve (Credo Tower)

Sold prices and rental history: sold once, by the developer in August 2021, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 904 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 2.12M26 August 2021
Current rentAED 160K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 904, Mon Reve (Credo Tower)

What is 904 worth today?

Last sold for AED 2,119,140 in 2021

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15 Sep 2024RentedRenewal
AED 160,000/yr12 months · AED 114 per sqft
26 Aug 2021Sold by developerReady
AED 2,119,140AED 1,513 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type
2-bed apartment
Size
1,400 sqft
Floor
9th of 15
Parking
P1-14
Developer
Credo Investments
Completed
2015
Service charge
AED 36,500 /yr
Last sold
AED 2.12M · August 2021

About 904, Mon Reve (Credo Tower)

904 is a two-bedroom apartment of 1,400 sqft on the 9th floor of Mon Reve (Credo Tower), a 15-storey tower in Downtown Dubai completed in 2015 by Credo Investments. The developer sold it on 26 August 2021 for AED 2,119,140, or AED 1,513 per sqft, in line with the AED 1,517 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 September 2024. The current contract, renewed on 15 September 2024, is AED 160,000 a year: a gross yield of 7.5% on the 2021 price, before the service charge of about AED 36,500 a year.

Sales and rents for 904 over time

Sales
Unit 904, 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, August 2021: AED 2,119,140 (AED 1,513 per sqft)

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

Rents
Unit 904, 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 150,000Renewal, September 2024: AED 160,000 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 904 sits

All 51 2-beds →

904 last sold in August 2021 at AED 1,513 per sqft, in line with what two-beds in Mon Reve (Credo Tower) were fetching at the time (AED 1,517). 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. 904's AED 160,000 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 9th floor

All 86 units in Mon Reve (Credo Tower)
Value
9012-bedAED 2.07M · Aug 2021
9022-bedAED 2.08M · Aug 2021
9032-bedAED 2.34M · Aug 2021
9052-bedAED 2.22M · Aug 2021
9062-bedAED 2.36M · Aug 2021
9071-bedAED 1.29M · May 2018
9081-bedAED 1.5M · Jun 2025
1–7 of 8

904, Mon Reve (Credo Tower) in numbers

  • Sold once: by Credo Investments on 26 August 2021 for AED 2,119,140, or AED 1,513 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2021 price is 7.5%, before a service charge of about AED 36,500 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 September 2024.

Questions about 904, Mon Reve (Credo Tower)

What did unit 904 last sell for?

AED 2,119,140 on 26 August 2021, sold by the developer: AED 1,513 per sqft for 1,400 sqft. It is the only registered sale of the unit.

What is the rent for unit 904?

AED 160,000 a year on the contract renewed on 15 September 2024.

How big is unit 904?

1,400 sqft (130.1 sqm): a two-bedroom apartment on the 9th floor of a 15-storey tower completed in 2015.

What is unit 904 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 904, Mon Reve (Credo Tower)

Starts from the last sale price (AED 2.12M, 26 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,119,140
Deposit, UAE resident (20%)
AED 423,828
Deposit, non-resident (40%)
AED 847,656
Monthly over 25 years at 3.7%
AED 8,670

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