2-bed · 1,632 sqftBLVD Crescent Tower 1, Downtown Dubai · 12th floor · completed 2018

1203, BLVD Crescent Tower 1

Sold prices and rental history: sold once, by the developer in April 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 15 July 2023
Last soldAED 3.56M19 April 2021
Current rentAED 136K /yr15 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, BLVD Crescent Tower 1

What is 1203 worth today?

Last sold for AED 3,560,888 in 2021

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15 Jul 2023RentedRenewal
AED 135,600/yr12 months · AED 83 per sqft
15 Jul 2022RentedRenewal
AED 120,000/yr12 months · AED 74 per sqft
19 Apr 2021Sold by developerReady
AED 3,560,888AED 2,181 per sqft

Source: Dubai Land Department. Updated 15 July 2023.

Key facts

Type
2-bed apartment
Size
1,632 sqft
Floor
12th of 42
Parking
B-24
Developer
Emaar
Completed
2018
Service charge
AED 38,100 /yr
Last sold
AED 3.56M · April 2021

About 1203, BLVD Crescent Tower 1

1203 is a two-bedroom apartment of 1,632 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 19 April 2021 for AED 3,560,888, or AED 2,181 per sqft, 53% above the AED 1,426 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 15 July 2023, is AED 135,600 a year: a gross yield of 3.8% on the 2021 price, before the service charge of about AED 38,100 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical two-bed in BLVD Crescent Tower 1
3M2014201820222026Typical sale price by year: 2014 AED 3,126,388; 2015 AED 3,197,388; 2017 AED 2,546,323; 2019 AED 3,266,888; 2020 AED 2,651,944; 2021 AED 2,400,000; 2022 AED 2,882,500; 2023 AED 2,990,000; 2024 AED 3,350,000; 2025 AED 3,355,000; 2026 AED 3,290,000Sold by developer, April 2021: AED 3,560,888 (AED 2,181 per sqft)

1203 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, each contractTypical two-bed in BLVD Crescent Tower 1
150K20192021202320252027Typical rent by year: 2019 AED 125,000; 2020 AED 114,996; 2021 AED 115,500; 2022 AED 130,000; 2023 AED 150,000; 2024 AED 170,000; 2025 AED 182,500; 2026 AED 182,500Renewal, July 2022: AED 120,000 a yearRenewal, July 2023: AED 135,600 a year

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

2-beds in BLVD Crescent Tower 1, and where 1203 sits

All 76 2-beds →

1203 last sold in April 2021 at AED 2,181 per sqft, 53% above what two-beds in BLVD Crescent Tower 1 were fetching at the time (AED 1,426). Over the last 12 months two-beds sold for AED 3,140,000 to 3,500,000, around AED 2,245 per sqft, and rent for AED 48,000 to 235,000 a year. 1203's AED 135,600 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20263,500,000
20 Aug 20263,200,000
10 Jul 20263,140,000
6 Mar 20263,380,000
4 2-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
12023-bedAED 4.1M · Oct 2014
12041-bedAED 2.1M · Mar 2024
12051-bedAED 1.74M · Oct 2014
12061-bedAED 1.57M · Oct 2014
12072-bedAED 3.59M · May 2022

1203, BLVD Crescent Tower 1 in numbers

  • Sold once: by Emaar on 19 April 2021 for AED 3,560,888, or AED 2,181 per sqft.
  • Rented since July 2022 on 2 Ejari contracts, from AED 120,000 to AED 135,600 a year.
  • At AED 135,600 a year the gross yield on the 2021 price is 3.8%, before a service charge of about AED 38,100 a year (AED 23.37 per sqft).
  • Two-beds in BLVD Crescent Tower 1 sold for AED 3,140,000–3,500,000 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 15 July 2023.

Questions about 1203, BLVD Crescent Tower 1

What did unit 1203 last sell for?

AED 3,560,888 on 19 April 2021, sold by the developer: AED 2,181 per sqft for 1,632 sqft. It is the only registered sale of the unit.

What is the rent for unit 1203?

AED 135,600 a year on the contract renewed on 15 July 2023. The previous contract, from July 2022, was AED 120,000.

How big is unit 1203?

1,632 sqft (151.6 sqm): a two-bedroom apartment on the 12th floor of a 42-storey tower completed in 2018.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in BLVD Crescent Tower 1 sold for AED 3,140,000 to 3,500,000 in the last 12 months, around AED 2,245 per sqft.

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Mortgage on 1203, BLVD Crescent Tower 1

Starts from the last sale price (AED 3.56M, 19 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,560,888
Deposit, UAE resident (20%)
AED 712,178
Deposit, non-resident (40%)
AED 1,424,355
Monthly over 25 years at 3.7%
AED 14,569

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