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2-bed · 664 sqftThe Crescent A, Dubai Production City (IMPZ) · 14th floor · completed 2008

1408, The Crescent A

Sold prices and rental history: sold 3 times, last in May 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 25 May 2023
Last soldAED 860K9 May 2017
Current rentAED 60K /yr25 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, The Crescent A

What is 1408 worth today?

Last sold for AED 860,000 in 2017

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25 May 2023RentedNew contract
AED 60,000/yr12 months · AED 45 per sqft
10 Oct 2021RentedNew contract
AED 42,888/yr12 months · AED 32 per sqft
1 Aug 2020RentedNew contract
AED 40,000/yr12 months · AED 30 per sqft
25 Jun 2019RentedNew contract
AED 58,000/yr12 months · AED 44 per sqft
1 Jun 2018RentedNew contract
AED 65,000/yr12 months · AED 49 per sqft
9 May 2017SoldReady
AED 860,000AED 647 per sqft
19 Dec 2016SoldReady
AED 730,000AED 549 per sqft
15 Nov 2016RentedRenewal
AED 62,238/yr12 months · AED 47 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 May 2023.

Key facts

Type
2-bed apartment
Size
664 sqft
Floor
14th of 18
Parking
P3-76
Developer
DAMAC
Completed
2008
Service charge
AED 9,500 /yr
Last sold
AED 860K · May 2017
Building
The Crescent A

About 1408, The Crescent A

1408 is a two-bedroom apartment of 664 sqft on the 14th floor of The Crescent A, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. It last sold on 9 May 2017 for AED 860,000, or AED 647 per sqft, in line with the AED 651 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 25 May 2023, is AED 60,000 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 9,500 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, each saleTypical two-bed in The Crescent A
500K1M2009201420192024Typical sale price by year: 2009 AED 910,000; 2010 AED 1,333,614; 2011 AED 1,314,000; 2012 AED 1,247,000; 2013 AED 910,000; 2014 AED 863,200; 2015 AED 900,000; 2016 AED 780,000; 2017 AED 910,000; 2018 AED 757,000; 2021 AED 530,000; 2022 AED 537,500; 2023 AED 685,000; 2024 AED 790,000; 2025 AED 901,500Sold by developer, January 2011: AED 1,307,000 (AED 984 per sqft)Sold, December 2016: AED 730,000 (AED 549 per sqft)Sold, May 2017: AED 860,000 (AED 647 per sqft)

1408 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1408, each contractTypical two-bed in The Crescent A
40K60K80K20112015201920232027Typical rent by year: 2011 AED 40,500; 2012 AED 39,000; 2013 AED 40,950; 2014 AED 60,000; 2015 AED 80,000; 2016 AED 78,000; 2017 AED 73,500; 2018 AED 65,500; 2019 AED 55,000; 2020 AED 44,000; 2021 AED 42,000; 2022 AED 45,284; 2023 AED 55,000; 2024 AED 63,000; 2025 AED 69,500; 2026 AED 75,000New contract, November 2012: AED 41,000 a yearNew contract, November 2014: AED 49,200 a yearRenewal, November 2015: AED 56,580 a yearRenewal, November 2016: AED 62,238 a yearNew contract, June 2018: AED 65,000 a yearNew contract, June 2019: AED 58,000 a yearNew contract, August 2020: AED 40,000 a yearNew contract, October 2021: AED 42,888 a yearNew contract, May 2023: AED 60,000 a year

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

2-beds in The Crescent A, and where 1408 sits

All 47 2-beds →

1408 last sold in May 2017 at AED 647 per sqft, in line with what two-beds in The Crescent A were fetching at the time (AED 651). Over the last 12 months two-beds sold for AED 990,000, around AED 769 per sqft, and rent for AED 68,150 to 100,000 a year. 1408's AED 60,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Dec 2025990,000
7 Jul 2025918,000
8 Apr 2025885,000
13 Jan 2025870,000
1 2-bed sale in the last 12 months

The Crescent A

Building

285 apartments, studios to 2-bed over 18 floors in Dubai Production City (IMPZ), completed in 2008 by DAMAC. 13 sold in the last 12 months.

Typical price per sqft
AED 871 Up 16.9%
Typical sale
AED 445K
Typical rent
AED 39K /yr
Typical yield
8.0%
The Crescent A, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 14th floor

All 285 units in The Crescent A
Value
14012-bedAED 1.26M · Dec 2009
1402StudioAED 481K · Oct 2014
1403StudioAED 300K · Aug 2023
1404StudioAED 481K · Jul 2011
1405StudioAED 435K · Dec 2017
1406StudioAED 435K · Dec 2017
1407StudioAED 370K · May 2025
1–7 of 15

1408, The Crescent A in numbers

  • Sold 3 times: first on 31 January 2011 for AED 1,307,000, last on 9 May 2017 for AED 860,000 (AED 647 per sqft).
  • Rented since November 2012 on 9 Ejari contracts, from AED 41,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2017 price is 7.0%, before a service charge of about AED 9,500 a year (AED 14.38 per sqft).
  • Two-beds in The Crescent A sold for AED 990,000–990,000 in the 12 months to November 2026; the building's median across all types is AED 871 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 25 May 2023.

Questions about 1408, The Crescent A

What did unit 1408 last sell for?

AED 860,000 on 9 May 2017: AED 647 per sqft for 664 sqft. The unit has 3 registered sales; the first was AED 1,307,000 in January 2011.

What is the rent for unit 1408?

AED 60,000 a year on the contract signed on 25 May 2023. The previous contract, from October 2021, was AED 42,888; the unit has been rented since November 2012.

How big is unit 1408?

664 sqft (61.7 sqm): a two-bedroom apartment on the 14th floor of a 18-storey tower completed in 2008.

What is unit 1408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Crescent A sold for AED 990,000 to 990,000 in the last 12 months, around AED 769 per sqft.

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Mortgage on 1408, The Crescent A

Starts from the last sale price (AED 860K, 9 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

Plus AED 41,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →