3-bed · 2,251 sqftBLVD Crescent Tower 1, Downtown Dubai · 12th floor · completed 2018

1201, BLVD Crescent Tower 1

Sold prices and rental history: sold twice, last in August 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 21 August 2023
Last soldAED 4.6M21 August 2023
Current rentAED 265K /yr14 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, BLVD Crescent Tower 1

What is 1201 worth today?

Last sold for AED 4,600,000 in 2023

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21 Aug 2023SoldReady
AED 4,600,000AED 2,043 per sqft
14 May 2023RentedRenewal
AED 265,000/yr12 months · AED 118 per sqft
14 May 2022RentedNew contract
AED 245,000/yr12 months · AED 109 per sqft
22 Jul 2020RentedNew contract
AED 147,500/yr12 months · AED 66 per sqft
27 Oct 2014Sold by developerOff-plan
AED 4,431,888AED 1,968 per sqft

Source: Dubai Land Department. Updated 21 August 2023.

Key facts

Type
3-bed apartment
Size
2,251 sqft
Floor
12th of 42
Parking
P2-20, P2-23
Developer
Emaar
Completed
2018
Service charge
AED 52,600 /yr
Last sold
AED 4.6M · August 2023

About 1201, BLVD Crescent Tower 1

1201 is a three-bedroom apartment of 2,251 sqft on the 12th floor of BLVD Crescent Tower 1, a 42-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 21 August 2023 for AED 4,600,000, or AED 2,043 per sqft, in line with the AED 1,999 three-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 14 May 2023, is AED 265,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 52,600 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical three-bed in BLVD Crescent Tower 1
4M4.5M5M20142017202020232026Typical sale price by year: 2014 AED 4,360,888; 2015 AED 4,479,888; 2016 AED 4,426,888; 2019 AED 4,406,888; 2020 AED 4,031,647; 2021 AED 4,459,097; 2022 AED 4,050,000; 2023 AED 4,650,000; 2024 AED 4,925,000; 2025 AED 4,950,000Sold by developer, October 2014: AED 4,431,888 (AED 1,968 per sqft)Sold, August 2023: AED 4,600,000 (AED 2,043 per sqft)

1201 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1201, each contractTypical three-bed in BLVD Crescent Tower 1
200K300K2019202120232025Typical rent by year: 2019 AED 165,000; 2020 AED 155,000; 2021 AED 165,000; 2022 AED 198,000; 2023 AED 250,000; 2024 AED 260,000; 2025 AED 282,500New contract, July 2020: AED 147,500 a yearNew contract, May 2022: AED 245,000 a yearRenewal, May 2023: AED 265,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in BLVD Crescent Tower 1, and where 1201 sits

All 98 3-beds →

1201 last sold in August 2023 at AED 2,043 per sqft, in line with what three-beds in BLVD Crescent Tower 1 were fetching at the time (AED 1,999). Over the last 12 months three-beds sold for AED 4,650,000 to 4,975,000, around AED 2,430 per sqft, and rent for AED 203,105 to 315,000 a year. 1201's AED 265,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Dec 20254,650,000
16 Dec 20254,975,000
26 Jun 20256,100,000
12 Jun 20254,510,000
2 3-bed sales in the last 12 months

BLVD Crescent Tower 1

Building

245 apartments, 1-bed to 4-bed over 42 floors in Downtown Dubai, completed in 2018 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 2,430
Typical sale
AED 4.81M
Typical rent
AED 174K /yr
Typical yield
5.5%
BLVD Crescent Tower 1, Downtown Dubai: prices, sales and rents →

Other units on the 12th floor

All 245 units in BLVD Crescent Tower 1
Value
12023-bedAED 4.1M · Oct 2014
12032-bedAED 3.56M · Apr 2021
12041-bedAED 2.1M · Mar 2024
12051-bedAED 1.74M · Oct 2014
12061-bedAED 1.57M · Oct 2014
12072-bedAED 3.59M · May 2022

1201, BLVD Crescent Tower 1 in numbers

  • Sold twice: first on 27 October 2014 for AED 4,431,888, last on 21 August 2023 for AED 4,600,000 (AED 2,043 per sqft).
  • Rented since July 2020 on 3 Ejari contracts, from AED 147,500 to AED 265,000 a year.
  • At AED 265,000 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 52,600 a year (AED 23.37 per sqft).
  • Three-beds in BLVD Crescent Tower 1 sold for AED 4,650,000–4,975,000 in the 12 months to November 2026; the building's median across all types is AED 2,430 per sqft.

Source: Dubai Land Department. Updated 21 August 2023.

Questions about 1201, BLVD Crescent Tower 1

What did unit 1201 last sell for?

AED 4,600,000 on 21 August 2023: AED 2,043 per sqft for 2,251 sqft. The unit has 2 registered sales; the first was AED 4,431,888 in October 2014.

What is the rent for unit 1201?

AED 265,000 a year on the contract renewed on 14 May 2023. The previous contract, from May 2022, was AED 245,000; the unit has been rented since July 2020.

How big is unit 1201?

2,251 sqft (209.1 sqm): a three-bedroom apartment on the 12th floor of a 42-storey tower completed in 2018.

What is unit 1201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in BLVD Crescent Tower 1 sold for AED 4,650,000 to 4,975,000 in the last 12 months, around AED 2,430 per sqft.

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Mortgage on 1201, BLVD Crescent Tower 1

Starts from the last sale price (AED 4.6M, 21 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,600,000
Deposit, UAE resident (20%)
AED 920,000
Deposit, non-resident (40%)
AED 1,840,000
Monthly over 25 years at 3.7%
AED 18,820

Plus AED 198,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →