Studio · 499 sqftThe Crescent B, Dubai Production City (IMPZ) · 7th floor · completed 2008

703, The Crescent B

Sold prices and rental history: sold twice, last in November 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 410K3 November 2016
Current rentAED 40K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, The Crescent B

What is 703 worth today?

Last sold for AED 410,000 in 2016

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1 Apr 2025RentedRenewal
AED 40,000/yr12 months · AED 81 per sqft
1 Apr 2024RentedRenewal
AED 37,000/yr12 months · AED 75 per sqft
1 Apr 2023RentedRenewal
AED 28,000/yr12 months · AED 57 per sqft
1 Apr 2022RentedNew contract
AED 23,500/yr12 months · AED 47 per sqft
5 Apr 2021RentedNew contract
AED 20,000/yr12 months · AED 40 per sqft
1 Feb 2020RentedRenewal
AED 29,000/yr12 months · AED 59 per sqft
1 Feb 2019RentedNew contract
AED 30,000/yr12 months · AED 61 per sqft
23 Dec 2017RentedNew contract
AED 39,700/yr12 months · AED 80 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.

Key facts

Type
Studio apartment
Size
499 sqft
Floor
7th of 18
Parking
P2-177
Developer
DAMAC
Completed
2008
Service charge
AED 7,200 /yr
Last sold
AED 410K · November 2016

About 703, The Crescent B

703 is a studio of 499 sqft on the 7th floor of The Crescent B, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. It last sold on 3 November 2016 for AED 410,000, or AED 821 per sqft, 3% below the AED 848 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 40,000 a year: a gross yield of 9.8% on the 2016 price, before the service charge of about AED 7,200 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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 497,000 (AED 995 per sqft)Sold, November 2016: AED 410,000 (AED 821 per sqft)

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

Rents
Unit 703, 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, December 2014: AED 45,000 a yearNew contract, December 2015: AED 42,000 a yearRenewal, December 2016: AED 42,000 a yearNew contract, December 2017: AED 39,700 a yearNew contract, February 2019: AED 30,000 a yearRenewal, February 2020: AED 29,000 a yearNew contract, April 2021: AED 20,000 a yearNew contract, April 2022: AED 23,500 a yearRenewal, April 2023: AED 28,000 a yearRenewal, April 2024: AED 37,000 a yearRenewal, April 2025: AED 40,000 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 703 sits

All 196 studios →

703 last sold in November 2016 at AED 821 per sqft, 3% below what studios in The Crescent B were fetching at the time (AED 848). 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. 703's AED 40,000 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 7th floor

All 271 units in The Crescent B
Value
7012-bedAED 1.24M · Mar 2011
702StudioAED 469K · Feb 2026
704StudioAED 240K · Apr 2021
705StudioAED 215K · Jan 2023
706StudioAED 240K · Jan 2022
707StudioAED 335K · May 2024
7082-bedAED 650K · Apr 2013
1–7 of 15

703, The Crescent B in numbers

  • Sold twice: first on 1 October 2013 for AED 497,000, last on 3 November 2016 for AED 410,000 (AED 821 per sqft).
  • Rented since December 2014 on 11 Ejari contracts. The rent fell from AED 45,000 to AED 20,000 in 2021 and recovered to AED 40,000 by April 2025.
  • At AED 40,000 a year the gross yield on the 2016 price is 9.8%, 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 April 2025.

Questions about 703, The Crescent B

What did unit 703 last sell for?

AED 410,000 on 3 November 2016: AED 821 per sqft for 499 sqft. The unit has 2 registered sales; the first was AED 497,000 in October 2013.

What is the rent for unit 703?

AED 40,000 a year on the contract renewed on 1 April 2025. The previous contract, from April 2024, was AED 37,000; the unit has been rented since December 2014.

How big is unit 703?

499 sqft (46.4 sqm): a studio on the 7th floor of a 18-storey tower completed in 2008.

What is unit 703 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 703, The Crescent B

Starts from the last sale price (AED 410K, 3 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

Plus AED 20,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →