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

1503, The Crescent B

Sold prices and rental history: sold 3 times, last in December 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 29 June 2025
Last soldAED 245K7 December 2021
Current rentAED 63K /yr29 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, The Crescent B

What is 1503 worth today?

Last sold for AED 245,000 in 2021

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29 Jun 2025RentedRenewal
AED 63,000/yr12 months · AED 127 per sqft
29 Jun 2024RentedNew contract
AED 63,000/yr12 months · AED 127 per sqft
5 Mar 2023RentedRenewal
AED 30,000/yr12 months · AED 61 per sqft
5 Mar 2022RentedNew contract
AED 28,000/yr12 months · AED 57 per sqft
7 Dec 2021SoldReady
AED 245,000AED 490 per sqft
5 Oct 2019RentedRenewal
AED 28,000/yr12 months · AED 57 per sqft
5 Oct 2018RentedNew contract
AED 32,000/yr12 months · AED 65 per sqft
1 Sep 2017RentedRenewal
AED 45,000/yr12 months · AED 91 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 June 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 245K · December 2021

About 1503, The Crescent B

1503 is a studio of 499 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 7 December 2021 for AED 245,000, or AED 490 per sqft, 4% above the AED 470 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 29 June 2025, is AED 63,000 a year: a gross yield of 25.7% on the 2021 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 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, April 2013: AED 541,000 (AED 1,084 per sqft)Sold, July 2016: AED 420,000 (AED 841 per sqft)Sold, December 2021: AED 245,000 (AED 490 per sqft)

1503 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1503, each contractTypical studio in The Crescent B
20K40K60K2012201620202024Typical 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, December 2015: AED 36,000 a yearNew contract, September 2016: AED 45,000 a yearRenewal, September 2017: AED 45,000 a yearNew contract, October 2018: AED 32,000 a yearRenewal, October 2019: AED 28,000 a yearNew contract, March 2022: AED 28,000 a yearRenewal, March 2023: AED 30,000 a yearNew contract, June 2024: AED 63,000 a yearRenewal, June 2025: AED 63,000 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 1503 sits

All 196 studios →

1503 last sold in December 2021 at AED 490 per sqft, 4% above what studios in The Crescent B were fetching at the time (AED 470). 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. 1503's AED 63,000 is at the top 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
1502StudioAED 250K · Dec 2022
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

1503, The Crescent B in numbers

  • Sold 3 times: first on 15 April 2013 for AED 541,000, last on 7 December 2021 for AED 245,000 (AED 490 per sqft).
  • Rented since December 2015 on 9 Ejari contracts. The rent fell from AED 36,000 to AED 28,000 in 2022 and recovered to AED 63,000 by June 2025.
  • At AED 63,000 a year the gross yield on the 2021 price is 25.7%, 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 29 June 2025.

Questions about 1503, The Crescent B

What did unit 1503 last sell for?

AED 245,000 on 7 December 2021: AED 490 per sqft for 499 sqft. The unit has 3 registered sales; the first was AED 541,000 in April 2013.

What is the rent for unit 1503?

AED 63,000 a year on the contract renewed on 29 June 2025. The previous contract, from June 2024, was AED 63,000; the unit has been rented since December 2015.

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 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 1503, The Crescent B

Starts from the last sale price (AED 245K, 7 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 245,000
Deposit, UAE resident (20%)
AED 49,000
Deposit, non-resident (40%)
AED 98,000
Monthly over 25 years at 3.7%
AED 1,002

Plus AED 13,200 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →