507, BLVD Crescent Tower 1
Sold prices and rental history: sold once, by the developer in October 2014, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, BLVD Crescent Tower 1
What is 507 worth today?
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Source: Dubai Land Department. Updated 20 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,543 sqft
- Floor
- 5th of 42
- Parking
- P2-48
- Developer
- Emaar
- Completed
- 2018
- Service charge
- AED 36,100 /yr
- Last sold
- AED 3.11M · October 2014
- Building
- BLVD Crescent Tower 1
About 507, BLVD Crescent Tower 1
507 is a two-bedroom apartment of 1,543 sqft on the 5th floor of BLVD Crescent Tower 1, a 42-storey tower in Downtown Dubai completed in 2018 by Emaar. The developer sold it on 29 October 2014 for AED 3,114,888, or AED 2,019 per sqft, 4% above the AED 1,934 two-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 20 October 2023, is AED 130,000 a year: a gross yield of 4.2% on the 2014 price, before the service charge of about AED 36,100 a year.
Sales and rents for 507 over time
507 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in BLVD Crescent Tower 1, and where 507 sits
All 74 2-beds →507 last sold in October 2014 at AED 2,019 per sqft, 4% above what two-beds in BLVD Crescent Tower 1 were fetching at the time (AED 1,934). 507's AED 130,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Jun 202526 June 2025 | 1,412 sqft | 3,200,000 | 2,265 | ||
| 26 May 202526 May 2025 | 1,413 sqft | 3,250,000 | 2,300 | ||
| 25 Mar 202525 March 2025 | 1,437 sqft | 3,300,000 | 2,295 | ||
| 17 Feb 202517 February 2025 | 1,543 sqft | 3,950,000 | 2,559 |
BLVD Crescent Tower 1
Building245 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%
Other units on the 5th floor
All 245 units in BLVD Crescent Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 2,251 sqft | AED 5.85MAED 5,850,000 · Nov 2024November 2024 | 240,000 /yr | |
| 502 | 3-bed | 1,976 sqft | AED 4.07MAED 4,069,888 · Oct 2014October 2014 | 203,105 /yr | |
| 503 | 2-bed | 1,632 sqft | AED 3.15MAED 3,154,888 · Oct 2014October 2014 | 195,000 /yr | |
| 504 | 1-bed | 959 sqft | AED 1.64MAED 1,638,888 · Oct 2014October 2014 | 120,000 /yr | |
| 505 | 1-bed | 1,009 sqft | AED 2.1MAED 2,100,000 · Mar 2025March 2025 | 78,540 /yr | |
| 506 | 1-bed | 908 sqft | AED 1.9MAED 1,900,000 · Sep 2023September 2023 | 81,900 /yr |
507, BLVD Crescent Tower 1 in numbers
- Sold once: by Emaar on 29 October 2014 for AED 3,114,888, or AED 2,019 per sqft.
- Rented since October 2020 on 3 Ejari contracts, from AED 115,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2014 price is 4.2%, before a service charge of about AED 36,100 a year (AED 23.37 per sqft).
Source: Dubai Land Department. Updated 20 October 2023.
Questions about 507, BLVD Crescent Tower 1
What did unit 507 last sell for?
AED 3,114,888 on 29 October 2014, sold by the developer: AED 2,019 per sqft for 1,543 sqft. It is the only registered sale of the unit.
What is the rent for unit 507?
AED 130,000 a year on the contract renewed on 20 October 2023. The previous contract, from October 2022, was AED 130,000; the unit has been rented since October 2020.
How big is unit 507?
1,543 sqft (143.3 sqm): a two-bedroom apartment on the 5th floor of a 42-storey tower completed in 2018.
What is unit 507 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 507, BLVD Crescent Tower 1
Starts from the last sale price (AED 3.11M, 29 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 3,114,888
- Deposit, UAE resident (20%)
- AED 622,978
- Deposit, non-resident (40%)
- AED 1,245,955
- Monthly over 25 years at 3.7%
- AED 12,744
Plus AED 135,836 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →