516, The Crescent C
Sold prices and rental history: sold once, by the developer in March 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, The Crescent C
What is 516 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,313 sqft
- Floor
- 5th of 18
- Parking
- nan
- Developer
- DAMAC
- Completed
- 2008
- Service charge
- AED 18,900 /yr
- Last sold
- AED 1.13M · March 2012
- Building
- The Crescent C
About 516, The Crescent C
516 is a two-bedroom apartment of 1,313 sqft on the 5th floor of The Crescent C, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. The developer sold it on 6 March 2012 for AED 1,134,000, or AED 863 per sqft, in line with the AED 863 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 50,000 a year: a gross yield of 4.4% on the 2012 price, before the service charge of about AED 18,900 a year.
Sales and rents for 516 over time
516 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Crescent C, and where 516 sits
All 67 2-beds →516 last sold in March 2012 at AED 863 per sqft, in line with what two-beds in The Crescent C were fetching at the time (AED 863). Over the last 12 months two-beds sold for AED 935,000 to 950,000, around AED 714 per sqft, and rent for AED 67,736 to 85,000 a year. 516's AED 50,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jan 202628 January 2026 | 1,325 sqft | 935,000 | 705 | ||
| 22 Jan 202622 January 2026 | 1,313 sqft | 950,000 | 723 | ||
| 30 Jun 202530 June 2025 | 1,325 sqft | 850,000 | 641 | ||
| 19 May 202519 May 2025 | 1,313 sqft | 960,000 | 731 |
The Crescent C
Building283 apartments, studios to 2-bed over 18 floors in Dubai Production City (IMPZ), completed in 2008 by DAMAC. 8 sold in the last 12 months.
- Typical price per sqft
- AED 762
- Typical sale
- AED 415K
- Typical rent
- AED 40K /yr
- Typical yield
- 9.8%
Other units on the 5th floor
All 283 units in The Crescent C| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,325 sqft | AED 590KAED 590,000 · May 2023May 2023 | 96,000 /yr | |
| 502 | Studio | 504 sqft | AED 385KAED 385,000 · Oct 2024October 2024 | 35,000 /yr | |
| 503 | Studio | 499 sqft | AED 370KAED 370,000 · Dec 2022December 2022 | 20,000 /yr | |
| 504 | Studio | 499 sqft | AED 360KAED 360,000 · Jun 2024June 2024 | 27,830 /yr | |
| 505 | Studio | 499 sqft | AED 360KAED 360,000 · Jul 2024July 2024 | 39,000 /yr | |
| 506 | Studio | 499 sqft | AED 395KAED 395,000 · Feb 2018February 2018 | 37,000 /yr | |
| 507 | Studio | 496 sqft | AED 400KAED 400,000 · Feb 2018February 2018 | 40,000 /yr | |
| 508 | 2-bed | 1,327 sqft | AED 1.41MAED 1,413,266 · Oct 2010October 2010 | 63,756 /yr | |
| 509 | 2-bed | 1,327 sqft | AED 850KAED 850,000 · May 2018May 2018 | 85,000 /yr | |
| 510 | Studio | 496 sqft | AED 536KAED 536,000 · Mar 2011March 2011 | 30,000 /yr | |
| 511 | Studio | 499 sqft | AED 300KAED 300,000 · Dec 2018December 2018 | 37,000 /yr | |
| 512 | Studio | 499 sqft | AED 932KAED 932,000 · Jan 2014January 2014 | 40,000 /yr | |
| 513 | Studio | 499 sqft | AED 210KAED 210,000 · Feb 2021February 2021 | 60,000 /yr | |
| 514 | Studio | 499 sqft | AED 455KAED 455,000 · Aug 2016August 2016 | 42,000 /yr | |
| 515 | Studio | 501 sqft | AED 430KAED 430,000 · May 2025May 2025 | 30,000 /yr |
516, The Crescent C in numbers
- Sold once: by DAMAC on 6 March 2012 for AED 1,134,000, or AED 863 per sqft.
- Rented since August 2013 on 8 Ejari contracts, from AED 53,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2012 price is 4.4%, before a service charge of about AED 18,900 a year (AED 14.38 per sqft).
- Two-beds in The Crescent C sold for AED 935,000–950,000 in the 12 months to November 2026; the building's median across all types is AED 762 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2023.
Questions about 516, The Crescent C
What did unit 516 last sell for?
AED 1,134,000 on 6 March 2012, sold by the developer: AED 863 per sqft for 1,313 sqft. It is the only registered sale of the unit.
What is the rent for unit 516?
AED 50,000 a year on the contract renewed on 1 April 2023. The previous contract, from April 2022, was AED 50,000; the unit has been rented since August 2013.
How big is unit 516?
1,313 sqft (122.0 sqm): a two-bedroom apartment on the 5th floor of a 18-storey tower completed in 2008.
What is unit 516 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Crescent C sold for AED 935,000 to 950,000 in the last 12 months, around AED 714 per sqft.
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Mortgage on 516, The Crescent C
Starts from the last sale price (AED 1.13M, 6 March 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,134,000
- Deposit, UAE resident (20%)
- AED 226,800
- Deposit, non-resident (40%)
- AED 453,600
- Monthly over 25 years at 3.7%
- AED 4,640
Plus AED 52,638 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →