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

1506, The Crescent A

Sold prices and rental history: sold twice, last in October 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 5 March 2025
Last soldAED 290K7 October 2019
Current rentAED 40K /yr5 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, The Crescent A

What is 1506 worth today?

Last sold for AED 290,000 in 2019

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5 Mar 2025RentedRenewal
AED 40,200/yr12 months · AED 81 per sqft
5 Mar 2024RentedRenewal
AED 36,600/yr12 months · AED 74 per sqft
5 Mar 2023RentedRenewal
AED 31,500/yr12 months · AED 64 per sqft
5 Mar 2022RentedRenewal
AED 29,000/yr12 months · AED 59 per sqft
5 Mar 2021RentedRenewal
AED 28,000/yr12 months · AED 57 per sqft
7 Oct 2019SoldReady
AED 290,000AED 581 per sqft
5 Mar 2019RentedNew contract
AED 41,000/yr12 months · AED 83 per sqft
31 Jan 2011Sold by developerReady
AED 541,000AED 1,084 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 March 2025.

Key facts

Type
Studio apartment
Size
499 sqft
Floor
15th of 18
Parking
P2-150
Developer
DAMAC
Completed
2008
Service charge
AED 7,200 /yr
Last sold
AED 290K · October 2019

About 1506, The Crescent A

1506 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 7 October 2019 for AED 290,000, or AED 581 per sqft, in line with the AED 583 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 5 March 2025, is AED 40,200 a year: a gross yield of 13.9% on the 2019 price, before the service charge of about AED 7,200 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, 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, January 2011: AED 541,000 (AED 1,084 per sqft)Sold, October 2019: AED 290,000 (AED 581 per sqft)

1506 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1506, each contractTypical studio in The Crescent A
20K30K40K20112015201920232027Typical 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, March 2019: AED 41,000 a yearRenewal, March 2021: AED 28,000 a yearRenewal, March 2022: AED 29,000 a yearRenewal, March 2023: AED 31,500 a yearRenewal, March 2024: AED 36,600 a yearRenewal, March 2025: AED 40,200 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 1506 sits

All 203 studios →

1506 last sold in October 2019 at AED 581 per sqft, in line with what studios in The Crescent A were fetching at the time (AED 583). 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. 1506's AED 40,200 is in the lower 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. 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 15th floor

All 285 units in The Crescent A
Value
15012-bedAED 780K · Nov 2024
1502StudioAED 270K · Feb 2013
1503StudioAED 425K · Nov 2024
1504StudioAED 444K · Feb 2017
1505StudioAED 400K · Feb 2018
1507StudioAED 400K · May 2025
15082-bedAED 825K · Apr 2024
1–7 of 15

1506, The Crescent A in numbers

  • Sold twice: first on 31 January 2011 for AED 541,000, last on 7 October 2019 for AED 290,000 (AED 581 per sqft).
  • Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 41,000 to AED 28,000 in 2021 and recovered to AED 40,200 by March 2025.
  • At AED 40,200 a year the gross yield on the 2019 price is 13.9%, 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 871 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 5 March 2025.

Questions about 1506, The Crescent A

What did unit 1506 last sell for?

AED 290,000 on 7 October 2019: AED 581 per sqft for 499 sqft. The unit has 2 registered sales; the first was AED 541,000 in January 2011.

What is the rent for unit 1506?

AED 40,200 a year on the contract renewed on 5 March 2025. The previous contract, from March 2024, was AED 36,600; the unit has been rented since March 2019.

How big is unit 1506?

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

What is unit 1506 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 1506, The Crescent A

Starts from the last sale price (AED 290K, 7 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 290,000
Deposit, UAE resident (20%)
AED 58,000
Deposit, non-resident (40%)
AED 116,000
Monthly over 25 years at 3.7%
AED 1,186

Plus AED 15,090 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →