3-bed · 2,232 sqftBLVD Crescent Tower 1, Downtown Dubai · 14th floor · completed 2018

1401, 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 1401 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 4.44M27 October 2014
Current rentAED 185K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, BLVD Crescent Tower 1

What is 1401 worth today?

Last sold for AED 4,440,888 in 2014

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1 Jun 2023RentedRenewal
AED 184,800/yr12 months · AED 83 per sqft
1 Jun 2022RentedRenewal
AED 168,000/yr12 months · AED 75 per sqft
1 Jun 2021RentedRenewal
AED 160,000/yr12 months · AED 72 per sqft
1 Jun 2020RentedNew contract
AED 160,000/yr12 months · AED 72 per sqft
5 Aug 2019RentedNew contract
AED 180,000/yr12 months · AED 81 per sqft
27 Oct 2014Sold by developerOff-plan
AED 4,440,888AED 1,989 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
3-bed apartment
Size
2,232 sqft
Floor
14th of 42
Parking
B-98, B-99
Developer
Emaar
Completed
2018
Service charge
AED 52,200 /yr
Last sold
AED 4.44M · October 2014

About 1401, BLVD Crescent Tower 1

1401 is a three-bedroom apartment of 2,232 sqft on the 14th 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 4,440,888, or AED 1,989 per sqft, in line with the AED 2,006 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 184,800 a year: a gross yield of 4.2% on the 2014 price, before the service charge of about AED 52,200 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, 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 4,440,888 (AED 1,989 per sqft)

1401 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1401, 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, August 2019: AED 180,000 a yearNew contract, June 2020: AED 160,000 a yearRenewal, June 2021: AED 160,000 a yearRenewal, June 2022: AED 168,000 a yearRenewal, June 2023: AED 184,800 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 1401 sits

All 101 3-beds →

1401 last sold in October 2014 at AED 1,989 per sqft, in line with 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. 1401's AED 184,800 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 14th floor

All 246 units in BLVD Crescent Tower 1
Value
14023-bedAED 4.14M · Oct 2014
14033-bedAED 4.24M · Nov 2014
14042-bedAED 2.43M · Oct 2014
14051-bedAED 1.58M · Oct 2014
14062-bedAED 3.6M · Jan 2025

1401, BLVD Crescent Tower 1 in numbers

  • Sold once: by Emaar on 27 October 2014 for AED 4,440,888, or AED 1,989 per sqft.
  • Rented since August 2019 on 5 Ejari contracts. The rent fell from AED 180,000 to AED 160,000 in 2021 and recovered to AED 184,800 by June 2023.
  • At AED 184,800 a year the gross yield on the 2014 price is 4.2%, before a service charge of about AED 52,200 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 1 June 2023.

Questions about 1401, BLVD Crescent Tower 1

What did unit 1401 last sell for?

AED 4,440,888 on 27 October 2014, sold by the developer: AED 1,989 per sqft for 2,232 sqft. It is the only registered sale of the unit.

What is the rent for unit 1401?

AED 184,800 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 168,000; the unit has been rented since August 2019.

How big is unit 1401?

2,232 sqft (207.4 sqm): a three-bedroom apartment on the 14th floor of a 42-storey tower completed in 2018.

What is unit 1401 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 1401, BLVD Crescent Tower 1

Starts from the last sale price (AED 4.44M, 27 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,440,888
Deposit, UAE resident (20%)
AED 888,178
Deposit, non-resident (40%)
AED 1,776,355
Monthly over 25 years at 3.7%
AED 18,169

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