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

711, The Crescent B

Sold prices and rental history: sold once, by the developer in July 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 497K31 July 2011
Current rentAED 25K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, The Crescent B

What is 711 worth today?

Last sold for AED 497,000 in 2011

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1 Nov 2023RentedRenewal
AED 24,667/yr12 months · AED 49 per sqft
1 Nov 2022RentedRenewal
AED 22,425/yr12 months · AED 45 per sqft
17 May 2021RentedRenewal
AED 20,500/yr12 months · AED 41 per sqft
17 May 2020RentedRenewal
AED 27,000/yr12 months · AED 54 per sqft
17 May 2019RentedRenewal
AED 34,000/yr12 months · AED 68 per sqft
17 May 2018RentedNew contract
AED 36,000/yr12 months · AED 72 per sqft
10 Apr 2017RentedRenewal
AED 41,000/yr12 months · AED 82 per sqft
31 Jul 2011Sold by developerReady
AED 497,000AED 995 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2023.

Key facts

Type
Studio apartment
Size
499 sqft
Floor
7th of 18
Parking
nan
Developer
DAMAC
Completed
2008
Service charge
AED 7,200 /yr
Last sold
AED 497K · July 2011

About 711, The Crescent B

711 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. The developer sold it on 31 July 2011 for AED 497,000, or AED 995 per sqft, in line with the AED 1,018 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 24,667 a year: a gross yield of 5.0% on the 2011 price, before the service charge of about AED 7,200 a year.

Sales and rents for 711 over time

Sales
Unit 711, 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, July 2011: AED 497,000 (AED 995 per sqft)

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

Rents
Unit 711, each contractTypical studio in The Crescent B
20K30K40K2012201620202024Typical 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 42,000Renewal, April 2017: AED 41,000 a yearNew contract, May 2018: AED 36,000 a yearRenewal, May 2019: AED 34,000 a yearRenewal, May 2020: AED 27,000 a yearRenewal, May 2021: AED 20,500 a yearRenewal, November 2022: AED 22,425 a yearRenewal, November 2023: AED 24,667 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 711 sits

All 196 studios →

711 last sold in July 2011 at AED 995 per sqft, in line with what studios in The Crescent B were fetching at the time (AED 1,018). 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. 711's AED 24,667 is at the bottom 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
703StudioAED 410K · Nov 2016
704StudioAED 240K · Apr 2021
705StudioAED 215K · Jan 2023
706StudioAED 240K · Jan 2022
707StudioAED 335K · May 2024
1–7 of 15

711, The Crescent B in numbers

  • Sold once: by DAMAC on 31 July 2011 for AED 497,000, or AED 995 per sqft.
  • Rented since April 2017 on 7 Ejari contracts. The rent fell from AED 41,000 to AED 20,500 in 2021 and recovered to AED 24,667 by November 2023.
  • At AED 24,667 a year the gross yield on the 2011 price is 5.0%, 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 1 November 2023.

Questions about 711, The Crescent B

What did unit 711 last sell for?

AED 497,000 on 31 July 2011, sold by the developer: AED 995 per sqft for 499 sqft. It is the only registered sale of the unit.

What is the rent for unit 711?

AED 24,667 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 22,425; the unit has been rented since April 2017.

How big is unit 711?

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

What is unit 711 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 711, The Crescent B

Starts from the last sale price (AED 497K, 31 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 497,000
Deposit, UAE resident (20%)
AED 99,400
Deposit, non-resident (40%)
AED 198,800
Monthly over 25 years at 3.7%
AED 2,033

Plus AED 23,784 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →