Mon Reve, Downtown Dubai
About Mon Reve
Mon Reve is a residential development by Credo Investments in the bustling district of Downtown Dubai. Popular for its freehold residential apartments, the stunning development was completed in 2017.
The 16-storey tower features lavish furnishings and an expansive lobby. There are various facilities for residents, including a large swimming pool, kid’s play area, gymnasiums and a tennis court. There are 97 spacious flats in the tower in 1 to 4-bedroom configurations, including 2 and 3-bedroom duplexes and 4-bedroom penthouses. Along with luxurious facilities, the units overlook the illustrious Burj Khalifa area making living in Mon Reve even more worthwhile.
Mon Reve is strategically located in Downtown Dubai. The area is packed with entertainment venues offering enthralling leisure activities. Dubai Mall is an 8-minute walk away from the residential tower. Souk Al Bahar, Burj Park, Dubai Opera and the world's tallest building, Burj Khalifa, are nearby.
IN A NUTSHELL
- Type of building: Residential
- Location: Downtown Dubai
- Developer: Credo Investments
- Date of completion: 2017
- Number of floors: 16
- Number of units: 97
- Unit type: 1, 2, 3 and 4-bedroom apartments, 2 and 3-bedroom duplexes and 4-bedroom penthouses
- Type of Ownership: Freehold
- Amenities: Gym, swimming pool, kid’s play area and a tennis court
Facilities in Mon Reve, Downtown Dubai
Residents can conveniently park their vehicles in the basement parking in Mon Reve. Visitor parking is about a 5-minute walk from the building.
There are multiple high-speed elevators in Mon Reve.
Security, Central Air-Conditioning and Maintenance Services
To maximise safety measures, the management of Mon Reve provides 24-hour security with CCTV cameras and maintenance services. There is also a video entry system to add to the security of the building. Chiller charges are included in the yearly service charges.
Gym and Fitness Facilities
One can find separate gyms in Mon Reve for men and women. Both gyms have high-standard training equipment and changing rooms. Other fitness facilities include a swimming pool, sauna and steam room. There is even an outdoor tennis court in Mon Reve.
Concierge and Guest Services
There is a 24-hour concierge in the lobby of the building, it provides services to residents and guests.
Apartment Types in Mon Reve
Apartment types in Mon Reve include 1, 2 and 3-bedroom flats. One can also find 2 and 3-bedroom duplexes, as well as 4-bedroom penthouses. The residential units feature expansive living areas along with spacious bedrooms. Some units also come with large terraces.
1-Bedroom Apartments in Mon Reve
1-bedroom apartments in Mon Reve span 862 sq. ft. to 1,036 sq. ft. The spacious apartments come with one full bathroom, a laundry/storage room, a well-equipped kitchen and a spacious balcony. The apartments overlook the Dubai Mall and the towering skyscrapers of Downtown Dubai.
2-Bedroom Apartments in Mon Reve
2-bedroom apartments in Mon Reve cover 1,190 sq. ft. to 2,035 sq. ft. These units have balconies while some also feature spacious terraces. The apartments have spacious living rooms, two bedrooms with en-suite bathrooms, a powder room, a laundry room and a maid's room. You can find 2-bedroom duplexes in the tower as well. Some units have terraces with private pools.
3-Bedroom Apartments in Mon Reve
The spacious 3-bedroom flats and duplexes in Mon Reve have covered areas ranging from 1,872 sq. ft. to 2,240 sq. ft. Each of the three bedrooms come with ensuite bathrooms, these units also have spacious living rooms, maid’s rooms and expansive balconies. Some 3-bed units come with a lobby or a foyer.
4-Bedroom Penthouses in Mon Reve
Penthouses in Mon Reve come in 4-bedroom configurations. There are three penthouses in the whole building located on floor 15. With covered areas ranging from 3,735 sq. ft. to 4,374 sq. ft., the penthouses have sizeable terraces, four bedrooms with en-suite bathrooms, a maid's room with an en-suite bathroom, a laundry room, a storeroom and a foyer. Residents can also view the towering skyscrapers and the grand Dubai Mall through the windows, balcony and terrace.
Most Popular Apartment Types in Mon Reve
Based on searches conducted by users on Bayut.com over the past 6 months
The most popular apartment type in Mon Reve is the 2-bedroom unit, which is followed by the 3-bedroom unit.
Rental Trends in Mon Reve
- 1-bed flats for rent in Mon Reve are available for AED 80k to AED 95k
- The rent for 2-bedroom apartments in Mon Reve ranges from AED 115k to AED 145k.
Downtown Dubai apartments for rent attract a lot of tenants and apartments for rent in Mon Reve are no different. Those looking to rent flats in Mon Reve must note that the annual payment is made via cheques. Many apartments require one cheque per year whereas in other cases multiple cheques are required, this all depends on your tenancy contract.
Sales Trends in Mon Reve
- 1-bedroom apartments for sale in Mon Reve cost around AED 1.6M to AED 1.5M
- Buying 2-bed apartments in Mon Reve can cost you AED 1.7M to AED 2.5M
- 3-bedroom apartments for sale in Mon Reve are available for 2.9M to AED 3.1M
Rental Yield in Mon Reve
Based on searches conducted by users on Bayut.com over the past 6 months
For those looking to invest, the return on investment (ROI) offered by 2-bedroom apartments is 5% while for 3-bedroom apartments, the ROI is 4.1%.
Transportation near Mon Reve
Bus Stations near Mon Reve
Public transportation near Mon Reve is easy to access as there are several bus stops in the vicinity. The closest being Empire Heights Towers Bus Station, Burj View Central Tower Bus Station and South Ridge Tower Bus Station. Each of the bus stops can be reached in less than 10 minutes on foot.
Metro Stations near Mon Reve
Residents can use Dubai Metro stations to travel to other areas. Business Bay Metro Station is a 9-minute drive away and Burj Khalifa/Dubai Mall Metro Station is a 10-minute drive away from Mon Reve.
Restaurants near Mon Reve
Popular Downtown Dubai restaurants near Mon Reve are:
- Kana Café
- P.F. Chang’s
- Karamna Al Khaleej Restaurant
There are various restaurants in the vicinity. The residents of Mon Reve can conveniently walk to Dubai Mall for a range of dining options including the famous P.F. Chang’s and The Cheesecake Factory. In addition to these, Kana Café is a 10-minute walk from the development.
For upscale dining options, residents can also visit restaurants in nearby hotels. Located in Address Downtown, Em Sherif is a quite popular Lebanese restaurant at a 10-minute walk. Other restaurants in the hotel include Neos which offers European cuisine, The Galliard which is a Turkish eatery and Katana which serves Japanese food.
Supermarkets near Mon Reve
Supermarkets near Mon Reve include:
- Carrefour Market
- Spinneys in Souk Al Bahar
- W Mart Fresh
Downtown Dubai has no shortage of supermarkets. Residents in Mon Reve can conveniently access Carrefour Market within 8 minutes on foot. There is a Spinneys supermarket in Souk Al Bahar which is a 12-minute walk from the tower. W Mart Fresh is also a kilometre away from the building.
Residential developments near Mon Reve include:
Address Fountain Views by Emaar Properties is a three-tower residential complex built on the extension of the Dubai Mall. It offers 1 to 3-bedroom apartments, studios as well as luxurious 4 and 5-bed duplex units and penthouses. These units specifically come fully furnished with modern furniture and fittings.
Previously known as Burjside Terrace, DAMAC Upper Crest offers serviced apartments in studio, 1, 2 and 3-bedroom configurations. Mada Residences is another popular residential building in the district offering 1, 2, 3 and 4-bedroom apartments for rent and sale.
Landmarks nearby include:
- Dubai Mall
- Souk Al Bahar
Located in one of the most renowned districts of Dubai, Mon Reve is in close proximity to several major venues. The tower is within walking distance of The Dubai Mall. Moreover, the building is a kilometre away from Souk Al Bahar, an indoor modern take on the traditional souks of Dubai.
THINGS TO CONSIDER
Mon Reve By Credo provides a premium lifestyle with spacious apartments and several facilities. However, a portion of the surrounding area is undergoing construction which may take a few years to complete.