Studio · 499 sqftThe Crescent B, Dubai Production City (IMPZ) · 16th floor · completed 2008

1604, The Crescent B

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 547K16 July 2009
Current rentAED 32K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, The Crescent B

What is 1604 worth today?

Last sold for AED 547,000 in 2009

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1 Sep 2024RentedRenewal
AED 31,500/yr12 months · AED 64 per sqft
1 Sep 2023RentedNew contract
AED 30,000/yr12 months · AED 61 per sqft
22 Jun 2022RentedRenewal
AED 21,000/yr12 months · AED 42 per sqft
22 Jun 2020RentedNew contract
AED 20,000/yr12 months · AED 40 per sqft
2 Feb 2018RentedRenewal
AED 40,000/yr12 months · AED 81 per sqft
2 Feb 2016RentedNew contract
AED 43,000/yr12 months · AED 87 per sqft
17 Oct 2013RentedNew contract
AED 27,500/yr12 months · AED 56 per sqft
16 Oct 2012RentedNew contract
AED 22,000/yr12 months · AED 44 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.

Key facts

Type
Studio apartment
Size
499 sqft
Floor
16th of 18
Parking
P1-47
Developer
DAMAC
Completed
2008
Service charge
AED 7,200 /yr
Last sold
AED 547K · July 2009

About 1604, The Crescent B

1604 is a studio of 499 sqft on the 16th floor of The Crescent B, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. The developer sold it on 16 July 2009 for AED 547,000, or AED 1,096 per sqft, 6% above the AED 1,034 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 31,500 a year: a gross yield of 5.8% on the 2009 price, before the service charge of about AED 7,200 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, 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 547,000 (AED 1,096 per sqft)

1604 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1604, 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 2013: AED 27,500 a yearNew contract, February 2016: AED 43,000 a yearRenewal, February 2018: AED 40,000 a yearNew contract, June 2020: AED 20,000 a yearRenewal, June 2022: AED 21,000 a yearNew contract, September 2023: AED 30,000 a yearRenewal, September 2024: AED 31,500 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 1604 sits

All 196 studios →

1604 last sold in July 2009 at AED 1,096 per sqft, 6% above what studios in The Crescent B were fetching at the time (AED 1,034). 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. 1604's AED 31,500 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 16th floor

All 271 units in The Crescent B
Value
16012-bedAED 499K · Nov 2020
1602StudioAED 450K · Nov 2016
1603StudioAED 503K · Sep 2010
1605StudioAED 248K · Mar 2023
1606StudioAED 185K · Apr 2012
1607StudioAED 400K · Aug 2012
16082-bedAED 880K · May 2025
1–7 of 15

1604, The Crescent B in numbers

  • Sold once: by DAMAC on 16 July 2009 for AED 547,000, or AED 1,096 per sqft.
  • Rented since October 2012 on 8 Ejari contracts, from AED 22,000 to AED 31,500 a year.
  • At AED 31,500 a year the gross yield on the 2009 price is 5.8%, 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 1 September 2024.

Questions about 1604, The Crescent B

What did unit 1604 last sell for?

AED 547,000 on 16 July 2009, sold by the developer: AED 1,096 per sqft for 499 sqft. It is the only registered sale of the unit.

What is the rent for unit 1604?

AED 31,500 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 30,000; the unit has been rented since October 2012.

How big is unit 1604?

499 sqft (46.4 sqm): a studio on the 16th floor of a 18-storey tower completed in 2008.

What is unit 1604 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 1604, The Crescent B

Starts from the last sale price (AED 547K, 16 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 547,000
Deposit, UAE resident (20%)
AED 109,400
Deposit, non-resident (40%)
AED 218,800
Monthly over 25 years at 3.7%
AED 2,238

Plus AED 27,984 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →