PropertyIndex

Mon Reve

Completed · Q2 2017|97 units · 1 tower

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Mon Reve is a completed apartment development by CREDO INVESTMENTS F Z E in Downtown Dubai, Burj Khalifa, comprising 97 registered units. 96 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,660 per sqft. At AED 1,660 per sqft, Mon Reve prices 46% below the Downtown Dubai average of AED 3,067 per sqft on registered sales.

PIX© price · 20.5% YoY
3.09MAED
Typical
1,660AED
PSF
Gross yield
4.6%
PIX© rent ÷ PIX© price
Sale records
96
DLD · all time
Rent contracts
281
Ejari · all time
Mon Reve

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
824 – 4,327 sqft
973.09M1,66020.5%141K4.6%
1 Bed · Apartment
824 – 910 sqft
18
2 Bed · Apartment
1,197 – 2,137 sqft
59
3 Bed · Apartment
1,850 – 2,447 sqft
17
4 Bed · Apartment
3,742 – 4,327 sqft
3
Sales — Project-Wide96 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
7 Apr 20263 BedFloor 32,2172,659,9321,200StandardStandard Sale
30 Mar 20263 BedFloor 112,0092,600,0001,294StandardStandard Sale
25 Mar 20262 BedFloor 32,0893,655,4701,750StandardStandard Sale
Rentals — Project-Wide281 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
14 Aug 20263 BedFloor 122,101180,00086+50.0%Entry Levelnew
10 Aug 20262 BedFloor 101,469140,00095-17.6%Standardnew
6 Aug 20263 BedFloor 32,190205,00094-6.8%Premiumnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Common questions about Mon Reve

Answered from Dubai Land Department registered transactions.

How much does a property in Mon Reve cost?

Property in Mon Reve sells at a current PIX© price of AED 1,660 per sqft, or about AED 3,086,959 for a typical unit, based on 96 sales registered with the Dubai Land Department.

Is Mon Reve completed?

Yes. Mon Reve is recorded as completed in the Dubai Land Department project register (completed q2 2017).

Who is the developer of Mon Reve?

Mon Reve is developed by CREDO INVESTMENTS F Z E, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Mon Reve?

Mon Reve yields 4.6% gross, calculated from current PIX© rent against current PIX© sale price, across 281 registered Ejari contracts.

How many units are in Mon Reve?

Mon Reve holds 97 registered units, per the Dubai Land Department unit register.

Have prices in Mon Reve gone up or down?

Price per sqft has risen +20.5% over the last 12 months, to AED 1,660, across 96 registered sales.