Home
Dubai prices
About
Research
3-bed · 1,116 sqftBLVD Crescent Tower 1, Downtown Dubai · 15th floor · completed 2018

1501, BLVD Crescent Tower 1

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

Unit 1501 · DLD and Ejari recordsUpdated 2 May 2023
Last soldAED 4.85M2 May 2023
Current rentAED 205K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1501

Property timeline for 1501, BLVD Crescent Tower 1

What is 1501 worth today?

Last sold for AED 4,850,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 May 2023SoldReady
AED 4,850,000AED 2,173 per sqft
1 Dec 2021RentedRenewal
AED 205,000/yr12 months · AED 92 per sqft
1 Dec 2020RentedRenewal
AED 167,500/yr12 months · AED 75 per sqft
27 Oct 2014Sold by developerOff-plan
AED 4,445,888AED 1,991 per sqft

Source: Dubai Land Department. Updated 2 May 2023.

Key facts

Type
3-bed apartment
Size
1,116 sqft
Floor
15th of 42
Parking
P1-17, P1-26
Developer
Emaar
Completed
2018
Service charge
AED 26,100 /yr
Last sold
AED 4.85M · May 2023
Building
BLVD Crescent Tower 1

About 1501, BLVD Crescent Tower 1

1501 is a three-bedroom apartment of 1,116 sqft on the 15th floor of BLVD Crescent Tower 1, a 42-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 2 May 2023 for AED 4,850,000, or AED 2,173 per sqft, 18% above the AED 1,836 three-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 1 December 2021, is AED 205,000 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 26,100 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, 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 4,445,888 (AED 1,991 per sqft)Sold, May 2023: AED 4,850,000 (AED 2,173 per sqft)

1501 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1501, 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 282,500Renewal, December 2020: AED 167,500 a yearRenewal, December 2021: AED 205,000 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 1501 sits

All 98 3-beds →

1501 last sold in May 2023 at AED 2,173 per sqft, 18% above what three-beds in BLVD Crescent Tower 1 were fetching at the time (AED 1,836). 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. 1501's AED 205,000 is in the lower 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 15th floor

All 245 units in BLVD Crescent Tower 1
Value
15023-bedAED 4.14M · Oct 2014
15033-bedAED 3.1M · Nov 2020
15042-bedAED 2.44M · Oct 2014
15051-bedAED 1.69M · Apr 2022
15062-bedAED 3.16M · Oct 2014

1501, BLVD Crescent Tower 1 in numbers

  • Sold twice: first on 27 October 2014 for AED 4,445,888, last on 2 May 2023 for AED 4,850,000 (AED 2,173 per sqft).
  • Rented since December 2020 on 2 Ejari contracts, from AED 167,500 to AED 205,000 a year.
  • At AED 205,000 a year the gross yield on the 2023 price is 4.2%, before a service charge of about AED 26,100 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 2 May 2023.

Questions about 1501, BLVD Crescent Tower 1

What did unit 1501 last sell for?

AED 4,850,000 on 2 May 2023: AED 2,173 per sqft for 1,116 sqft. The unit has 2 registered sales; the first was AED 4,445,888 in October 2014.

What is the rent for unit 1501?

AED 205,000 a year on the contract renewed on 1 December 2021. The previous contract, from December 2020, was AED 167,500.

How big is unit 1501?

1,116 sqft (103.7 sqm): a three-bedroom apartment on the 15th floor of a 42-storey tower completed in 2018.

What is unit 1501 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.

Selling 1501? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1501, BLVD Crescent Tower 1

Starts from the last sale price (AED 4.85M, 2 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,850,000
Deposit, UAE resident (20%)
AED 970,000
Deposit, non-resident (40%)
AED 1,940,000
Monthly over 25 years at 3.7%
AED 19,843

Plus AED 208,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →