Studio · 499 sqftThe Crescent B, Dubai Production City (IMPZ) · 10th floor · completed 2008

1003, The Crescent B

Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 513K1 October 2013
Current rentAED 31K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, The Crescent B

What is 1003 worth today?

Last sold for AED 513,000 in 2013

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20 May 2024RentedNew contract
AED 31,000/yr12 months · AED 63 per sqft
20 May 2021RentedNew contract
AED 18,500/yr12 months · AED 37 per sqft
10 Feb 2019RentedNew contract
AED 30,000/yr12 months · AED 61 per sqft
3 Feb 2018RentedRenewal
AED 45,000/yr12 months · AED 91 per sqft
3 Feb 2017RentedNew contract
AED 45,000/yr12 months · AED 91 per sqft
1 Oct 2013Sold by developerReady
AED 513,000AED 1,028 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 May 2024.

Key facts

Type
Studio apartment
Size
499 sqft
Floor
10th of 18
Parking
nan
Developer
DAMAC
Completed
2008
Service charge
AED 7,200 /yr
Last sold
AED 513K · October 2013

About 1003, The Crescent B

1003 is a studio of 499 sqft on the 10th floor of The Crescent B, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. The developer sold it on 1 October 2013 for AED 513,000, or AED 1,028 per sqft, 22% above the AED 841 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 20 May 2024, is AED 31,000 a year: a gross yield of 6.0% on the 2013 price, before the service charge of about AED 7,200 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical studio in The Crescent B
200K400K2009201420192024Typical sale price by year: 2009 AED 486,000; 2010 AED 526,720; 2011 AED 480,000; 2012 AED 325,000; 2013 AED 420,000; 2014 AED 460,000; 2015 AED 440,000; 2016 AED 440,000; 2017 AED 437,500; 2018 AED 377,500; 2019 AED 275,000; 2020 AED 250,000; 2021 AED 235,000; 2022 AED 235,000; 2023 AED 280,000; 2024 AED 350,000; 2025 AED 410,000; 2026 AED 459,500Sold by developer, October 2013: AED 513,000 (AED 1,028 per sqft)

1003 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1003, each contractTypical studio in The Crescent B
20K40K2012201620202024Typical rent by year: 2012 AED 21,000; 2013 AED 25,000; 2014 AED 34,000; 2015 AED 40,000; 2016 AED 42,000; 2017 AED 38,000; 2018 AED 33,000; 2019 AED 27,000; 2020 AED 21,000; 2021 AED 19,950; 2022 AED 22,425; 2023 AED 27,000; 2024 AED 32,000; 2025 AED 37,750; 2026 AED 42,000New contract, February 2017: AED 45,000 a yearRenewal, February 2018: AED 45,000 a yearNew contract, February 2019: AED 30,000 a yearNew contract, May 2021: AED 18,500 a yearNew contract, May 2024: AED 31,000 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 B, and where 1003 sits

All 196 studios →

1003 last sold in October 2013 at AED 1,028 per sqft, 22% above what studios in The Crescent B were fetching at the time (AED 841). Over the last 12 months studios sold for AED 410,000 to 495,000, around AED 892 per sqft, and rent for AED 29,000 to 51,600 a year. 1003's AED 31,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Feb 2026469,000
20 Jan 2026420,000
14 Jan 2026495,000
8 Jan 2026450,000
6 studio sales in the last 12 months

The Crescent B

Building

271 apartments, studios to 2-bed over 18 floors in Dubai Production City (IMPZ), completed in 2008 by DAMAC. 9 sold in the last 12 months.

Typical price per sqft
AED 841
Typical sale
AED 469K
Typical rent
AED 42K /yr
Typical yield
9.0%
The Crescent B, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 10th floor

All 271 units in The Crescent B
Value
10012-bedAED 1.25M · Apr 2012
1002StudioAED 400K · Oct 2023
1004StudioAED 513K · Mar 2010
1005StudioAED 588K · Nov 2009
1006StudioAED 405K · Feb 2025
1007StudioAED 240K · Jul 2021
10082-bedAED 500K · May 2015
1–7 of 15

1003, The Crescent B in numbers

  • Sold once: by DAMAC on 1 October 2013 for AED 513,000, or AED 1,028 per sqft.
  • Rented since February 2017 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 18,500 in 2021 and recovered to AED 31,000 by May 2024.
  • At AED 31,000 a year the gross yield on the 2013 price is 6.0%, before a service charge of about AED 7,200 a year (AED 14.38 per sqft).
  • Studios in The Crescent B sold for AED 410,000–495,000 in the 12 months to November 2026; the building's median across all types is AED 841 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 20 May 2024.

Questions about 1003, The Crescent B

What did unit 1003 last sell for?

AED 513,000 on 1 October 2013, sold by the developer: AED 1,028 per sqft for 499 sqft. It is the only registered sale of the unit.

What is the rent for unit 1003?

AED 31,000 a year on the contract signed on 20 May 2024. The previous contract, from May 2021, was AED 18,500; the unit has been rented since February 2017.

How big is unit 1003?

499 sqft (46.4 sqm): a studio on the 10th floor of a 18-storey tower completed in 2008.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Crescent B sold for AED 410,000 to 495,000 in the last 12 months, around AED 892 per sqft.

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Mortgage on 1003, The Crescent B

Starts from the last sale price (AED 513K, 1 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 513,000
Deposit, UAE resident (20%)
AED 102,600
Deposit, non-resident (40%)
AED 205,200
Monthly over 25 years at 3.7%
AED 2,099

Plus AED 26,556 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →