Studio · 501 sqftThe Crescent B, Dubai Production City (IMPZ) · 15th floor · completed 2008

1502, The Crescent B

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 11 May 2025
Last soldAED 250K14 December 2022
Current rentAED 31K /yr11 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, The Crescent B

What is 1502 worth today?

Last sold for AED 250,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 May 2025RentedNew contract
AED 31,000/yr12 months · AED 61 per sqft
11 May 2024RentedNew contract
AED 31,000/yr12 months · AED 62 per sqft
11 May 2023RentedNew contract
AED 28,000/yr12 months · AED 55 per sqft
14 Dec 2022SoldReady
AED 250,000AED 499 per sqft
5 Oct 2021RentedNew contract
AED 19,000/yr12 months · AED 38 per sqft
5 Oct 2020RentedNew contract
AED 18,000/yr12 months · AED 36 per sqft
26 Jun 2019RentedRenewal
AED 32,000/yr12 months · AED 63 per sqft
26 Jun 2018RentedRenewal
AED 43,000/yr12 months · AED 85 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 May 2025.

Key facts

Type
Studio apartment
Size
501 sqft
Floor
15th of 18
Parking
P1-199
Developer
DAMAC
Completed
2008
Service charge
AED 7,200 /yr
Last sold
AED 250K · December 2022

About 1502, The Crescent B

1502 is a studio of 501 sqft on the 15th floor of The Crescent B, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. It last sold on 14 December 2022 for AED 250,000, or AED 499 per sqft, 5% above the AED 473 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 11 May 2025, is AED 31,000 a year: a gross yield of 12.4% on the 2022 price, before the service charge of about AED 7,200 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical studio in The Crescent B
200K400K600K2009201420192024Typical 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, July 2009: AED 591,000 (AED 1,179 per sqft)Sold, December 2022: AED 250,000 (AED 499 per sqft)

1502 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1502, 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, October 2012: AED 22,000 a yearNew contract, October 2014: AED 25,300 a yearRenewal, October 2015: AED 29,094 a yearRenewal, June 2017: AED 43,000 a yearRenewal, June 2018: AED 43,000 a yearRenewal, June 2019: AED 32,000 a yearNew contract, October 2020: AED 18,000 a yearNew contract, October 2021: AED 19,000 a yearNew contract, May 2023: AED 28,000 a yearNew contract, May 2024: AED 31,000 a yearNew contract, May 2025: 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 1502 sits

All 196 studios →

1502 last sold in December 2022 at AED 499 per sqft, 5% above what studios in The Crescent B were fetching at the time (AED 473). 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. 1502'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 15th floor

All 271 units in The Crescent B
Value
15012-bedAED 845K · Dec 2024
1503StudioAED 245K · Dec 2021
1504StudioAED 510K · Sep 2014
1505StudioAED 185K · May 2025
1506StudioAED 541K · Apr 2010
1507AED 390K · Sep 2025
15082-bedAED 875K · Dec 2025
1–7 of 15

1502, The Crescent B in numbers

  • Sold twice: first on 16 July 2009 for AED 591,000, last on 14 December 2022 for AED 250,000 (AED 499 per sqft).
  • Rented since October 2012 on 11 Ejari contracts. The rent fell from AED 22,000 to AED 18,000 in 2020 and recovered to AED 31,000 by May 2025.
  • At AED 31,000 a year the gross yield on the 2022 price is 12.4%, 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 11 May 2025.

Questions about 1502, The Crescent B

What did unit 1502 last sell for?

AED 250,000 on 14 December 2022: AED 499 per sqft for 501 sqft. The unit has 2 registered sales; the first was AED 591,000 in July 2009.

What is the rent for unit 1502?

AED 31,000 a year on the contract signed on 11 May 2025. The previous contract, from May 2024, was AED 31,000; the unit has been rented since October 2012.

How big is unit 1502?

501 sqft (46.5 sqm): a studio on the 15th floor of a 18-storey tower completed in 2008.

What is unit 1502 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.

Selling 1502? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1502, The Crescent B

Starts from the last sale price (AED 250K, 14 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 250,000
Deposit, UAE resident (20%)
AED 50,000
Deposit, non-resident (40%)
AED 100,000
Monthly over 25 years at 3.7%
AED 1,023

Plus AED 13,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →