Studio · 499 sqftThe Crescent A, Dubai Production City (IMPZ) · 15th floor · completed 2008

1503, The Crescent A

Sold prices and rental history: sold 6 times, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 425K21 November 2024
Current rentAED 44K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, The Crescent A

What is 1503 worth today?

Last sold for AED 425,000 in 2024

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1 Feb 2025RentedNew contract
AED 44,000/yr12 months · AED 88 per sqft
21 Nov 2024SoldReady
AED 425,000AED 851 per sqft
18 May 2023SoldReady
AED 320,000AED 641 per sqft
10 Dec 2022RentedNew contract
AED 22,000/yr12 months · AED 44 per sqft
24 Nov 2022SoldReady
AED 240,000AED 480 per sqft
10 Dec 2021RentedRenewal
AED 19,000/yr12 months · AED 38 per sqft
10 Dec 2020RentedRenewal
AED 20,000/yr12 months · AED 40 per sqft
10 Dec 2019RentedRenewal
AED 26,000/yr12 months · AED 53 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2025.

Key facts

Type
Studio apartment
Size
499 sqft
Floor
15th of 18
Parking
nan
Developer
DAMAC
Completed
2008
Service charge
AED 7,200 /yr
Last sold
AED 425K · November 2024

About 1503, The Crescent A

1503 is a studio of 499 sqft on the 15th floor of The Crescent A, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. It last sold on 21 November 2024 for AED 425,000, or AED 851 per sqft, 21% above the AED 701 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 1 February 2025, is AED 44,000 a year: a gross yield of 10.3% on the 2024 price, before the service charge of about AED 7,200 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical studio in The Crescent A
200K400K2009201420192024Typical sale price by year: 2009 AED 365,000; 2010 AED 524,000; 2011 AED 365,000; 2012 AED 234,000; 2013 AED 365,000; 2014 AED 475,000; 2015 AED 465,000; 2016 AED 447,500; 2017 AED 444,000; 2018 AED 395,000; 2019 AED 280,000; 2020 AED 230,000; 2021 AED 219,000; 2022 AED 242,157; 2023 AED 297,500; 2024 AED 350,000; 2025 AED 400,000; 2026 AED 450,000Sold by developer, July 2011: AED 486,000 (AED 973 per sqft)Sold, December 2013: AED 400,000 (AED 801 per sqft)Sold, September 2015: AED 415,000 (AED 831 per sqft)Sold, November 2022: AED 240,000 (AED 480 per sqft)Sold, May 2023: AED 320,000 (AED 641 per sqft)Sold, November 2024: AED 425,000 (AED 851 per sqft)

1503 has sold 6 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1503, each contractTypical studio in The Crescent A
20K40K20112015201920232027Typical rent by year: 2011 AED 21,000; 2012 AED 20,000; 2013 AED 25,000; 2014 AED 31,500; 2015 AED 40,000; 2016 AED 42,000; 2017 AED 40,000; 2018 AED 34,000; 2019 AED 28,000; 2020 AED 23,000; 2021 AED 20,000; 2022 AED 22,250; 2023 AED 26,000; 2024 AED 30,475; 2025 AED 35,500; 2026 AED 35,800New contract, October 2013: AED 26,928 a yearNew contract, October 2014: AED 28,000 a yearNew contract, October 2015: AED 30,800 a yearRenewal, October 2016: AED 32,340 a yearRenewal, October 2017: AED 33,960 a yearNew contract, December 2018: AED 28,000 a yearRenewal, December 2019: AED 26,000 a yearRenewal, December 2020: AED 20,000 a yearRenewal, December 2021: AED 19,000 a yearNew contract, December 2022: AED 22,000 a yearNew contract, February 2025: AED 44,000 a year

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

Studios in The Crescent A, and where 1503 sits

All 203 studios →

1503 last sold in November 2024 at AED 851 per sqft, 21% above what studios in The Crescent A were fetching at the time (AED 701). Over the last 12 months studios sold for AED 370,000 to 455,000, around AED 887 per sqft, and rent for AED 18,000 to 65,000 a year. 1503's AED 44,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Feb 2026450,000
11 Feb 2026430,000
10 Feb 2026406,000
28 Jan 2026455,000
11 studio sales 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. 14 sold in the last 12 months.

Typical price per sqft
AED 865 Up 15.6%
Typical sale
AED 448K
Typical rent
AED 40K /yr
Typical yield
7.8%
The Crescent A, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 15th floor

All 285 units in The Crescent A
Value
15012-bedAED 780K · Nov 2024
1502StudioAED 270K · Feb 2013
1504StudioAED 444K · Feb 2017
1505StudioAED 400K · Feb 2018
1506StudioAED 290K · Oct 2019
1507StudioAED 400K · May 2025
15082-bedAED 825K · Apr 2024
1–7 of 15

1503, The Crescent A in numbers

  • Sold 6 times: first on 21 July 2011 for AED 486,000, last on 21 November 2024 for AED 425,000 (AED 851 per sqft).
  • Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 26,928 to AED 19,000 in 2021 and recovered to AED 44,000 by February 2025.
  • At AED 44,000 a year the gross yield on the 2024 price is 10.3%, before a service charge of about AED 7,200 a year (AED 14.38 per sqft).
  • Studios in The Crescent A sold for AED 370,000–455,000 in the 12 months to November 2026; the building's median across all types is AED 865 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2025.

Questions about 1503, The Crescent A

What did unit 1503 last sell for?

AED 425,000 on 21 November 2024: AED 851 per sqft for 499 sqft. The unit has 6 registered sales; the first was AED 486,000 in July 2011.

What is the rent for unit 1503?

AED 44,000 a year on the contract signed on 1 February 2025. The previous contract, from December 2022, was AED 22,000; the unit has been rented since October 2013.

How big is unit 1503?

499 sqft (46.4 sqm): a studio on the 15th floor of a 18-storey tower completed in 2008.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Crescent A sold for AED 370,000 to 455,000 in the last 12 months, around AED 887 per sqft.

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Mortgage on 1503, The Crescent A

Starts from the last sale price (AED 425K, 21 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

Plus AED 20,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →