3-bed · 1,976 sqftBLVD Crescent Tower 1, Downtown Dubai · 12th floor · completed 2018

1202, BLVD Crescent Tower 1

Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 22 December 2022
Last soldAED 4.1M27 October 2014
Current rentAED 150K /yr22 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, BLVD Crescent Tower 1

What is 1202 worth today?

Last sold for AED 4,102,888 in 2014

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22 Dec 2022RentedRenewal
AED 150,000/yr6 months · AED 76 per sqft
22 Dec 2021RentedRenewal
AED 150,000/yr12 months · AED 76 per sqft
22 Dec 2020RentedNew contract
AED 150,000/yr12 months · AED 76 per sqft
15 Dec 2019RentedNew contract
AED 157,000/yr12 months · AED 79 per sqft
27 Oct 2014Sold by developerOff-plan
AED 4,102,888AED 2,076 per sqft

Source: Dubai Land Department. Updated 22 December 2022.

Key facts

Type
3-bed apartment
Size
1,976 sqft
Floor
12th of 42
Parking
P2-19, P2-24
Developer
Emaar
Completed
2018
Service charge
AED 46,200 /yr
Last sold
AED 4.1M · October 2014

About 1202, BLVD Crescent Tower 1

1202 is a three-bedroom apartment of 1,976 sqft on the 12th floor of BLVD Crescent Tower 1, a 42-storey tower in Downtown Dubai completed in 2018 by Emaar. The developer sold it on 27 October 2014 for AED 4,102,888, or AED 2,076 per sqft, 3% above the AED 2,006 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 22 December 2022, is AED 150,000 a year: a gross yield of 3.7% on the 2014 price, before the service charge of about AED 46,200 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical three-bed in BLVD Crescent Tower 1
4M4.5M5M2014201820222026Typical sale price by year: 2014 AED 4,360,888; 2015 AED 4,479,888; 2016 AED 4,426,888; 2019 AED 4,406,888; 2020 AED 4,031,647; 2021 AED 4,459,097; 2022 AED 4,050,000; 2023 AED 4,625,000; 2024 AED 4,925,000; 2025 AED 4,962,500; 2026 AED 4,950,000Sold by developer, October 2014: AED 4,102,888 (AED 2,076 per sqft)

1202 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1202, each contractTypical three-bed in BLVD Crescent Tower 1
200K300K20192021202320252027Typical rent by year: 2019 AED 167,500; 2020 AED 155,000; 2021 AED 165,000; 2022 AED 198,000; 2023 AED 250,000; 2024 AED 260,000; 2025 AED 287,500; 2026 AED 279,999New contract, December 2019: AED 157,000 a yearNew contract, December 2020: AED 150,000 a yearRenewal, December 2021: AED 150,000 a yearRenewal, December 2022: AED 150,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in BLVD Crescent Tower 1, and where 1202 sits

All 101 3-beds →

1202 last sold in October 2014 at AED 2,076 per sqft, 3% above what three-beds in BLVD Crescent Tower 1 were fetching at the time (AED 2,006). Over the last 12 months three-beds sold for AED 4,499,225 to 5,500,000, around AED 2,498 per sqft, and rent for AED 203,105 to 385,000 a year. 1202's AED 150,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Sep 20264,950,000
3 Sep 20265,500,000
9 Jul 20264,499,225
26 Feb 20265,415,888
7 3-bed sales in the last 12 months

BLVD Crescent Tower 1

Building

246 apartments, 1-bed to 4-bed over 42 floors in Downtown Dubai, completed in 2018 by Emaar. 13 sold in the last 12 months.

Typical price per sqft
AED 2,469 Up 7.6%
Typical sale
AED 4.5M
Typical rent
AED 174K /yr
Typical yield
5.3%
BLVD Crescent Tower 1, Downtown Dubai: prices, sales and rents →

Other units on the 12th floor

All 246 units in BLVD Crescent Tower 1
Value
12013-bedAED 4.6M · Aug 2023
12032-bedAED 3.56M · Apr 2021
12041-bedAED 2.1M · Mar 2024
12051-bedAED 1.74M · Oct 2014
12061-bedAED 1.57M · Oct 2014
12072-bedAED 3.59M · May 2022

1202, BLVD Crescent Tower 1 in numbers

  • Sold once: by Emaar on 27 October 2014 for AED 4,102,888, or AED 2,076 per sqft.
  • Rented since December 2019 on 4 Ejari contracts, from AED 157,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2014 price is 3.7%, before a service charge of about AED 46,200 a year (AED 23.37 per sqft).
  • Three-beds in BLVD Crescent Tower 1 sold for AED 4,499,225–5,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,469 per sqft.

Source: Dubai Land Department. Updated 22 December 2022.

Questions about 1202, BLVD Crescent Tower 1

What did unit 1202 last sell for?

AED 4,102,888 on 27 October 2014, sold by the developer: AED 2,076 per sqft for 1,976 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 150,000 a year on the contract renewed on 22 December 2022. The previous contract, from December 2021, was AED 150,000; the unit has been rented since December 2019.

How big is unit 1202?

1,976 sqft (183.6 sqm): a three-bedroom apartment on the 12th floor of a 42-storey tower completed in 2018.

What is unit 1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in BLVD Crescent Tower 1 sold for AED 4,499,225 to 5,500,000 in the last 12 months, around AED 2,498 per sqft.

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Mortgage on 1202, BLVD Crescent Tower 1

Starts from the last sale price (AED 4.1M, 27 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,102,888
Deposit, UAE resident (20%)
AED 820,578
Deposit, non-resident (40%)
AED 1,641,155
Monthly over 25 years at 3.7%
AED 16,786

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →