1501, BLVD Crescent Tower 1
Sold prices and rental history: sold twice, last in May 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, BLVD Crescent Tower 1
What is 1501 worth today?
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Source: Dubai Land Department. Updated 2 May 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,232 sqft
- Floor
- 15th of 42
- Parking
- P1-17, P1-26
- Developer
- Emaar
- Completed
- 2018
- Service charge
- AED 52,200 /yr
- Last sold
- AED 4.85M · May 2023
- Building
- BLVD Crescent Tower 1
About 1501, BLVD Crescent Tower 1
1501 is a three-bedroom apartment of 2,232 sqft on the 15th floor of BLVD Crescent Tower 1, a 42-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 2 May 2023 for AED 4,850,000, or AED 2,173 per sqft, 18% above the AED 1,840 three-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 December 2021, is AED 205,000 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 52,200 a year.
Sales and rents for 1501 over time
1501 has sold twice; the dashed line is the three-bed median of each year in the building.
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 1501 sits
All 101 3-beds →1501 last sold in May 2023 at AED 2,173 per sqft, 18% above what three-beds in BLVD Crescent Tower 1 were fetching at the time (AED 1,840). 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. 1501's AED 205,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Sep 202616 September 2026 | 1,982 sqft | 4,950,000 | 2,498 | ||
| 3 Sep 20263 September 2026 | 2,227 sqft | 5,500,000 | 2,469 | ||
| 9 Jul 20269 July 2026 | 2,507 sqft | 4,499,225 | 1,794 | ||
| 26 Feb 202626 February 2026 | 1,982 sqft | 5,415,888 | 2,733 |
BLVD Crescent Tower 1
Building246 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%
Other units on the 15th floor
All 246 units in BLVD Crescent Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 3-bed | 1,979 sqft | AED 4.14MAED 4,142,888 · Oct 2014October 2014 | 275,000 /yr | |
| 1503 | 3-bed | 2,228 sqft | AED 3.1MAED 3,100,000 · Nov 2020November 2020 | ||
| 1504 | 2-bed | 1,413 sqft | AED 2.44MAED 2,435,888 · Oct 2014October 2014 | 140,000 /yr | |
| 1505 | 1-bed | 909 sqft | AED 1.69MAED 1,690,000 · Apr 2022April 2022 | 76,650 /yr | |
| 1506 | 2-bed | 1,542 sqft | AED 3.16MAED 3,157,888 · Oct 2014October 2014 |
1501, BLVD Crescent Tower 1 in numbers
- Sold twice: first on 27 October 2014 for AED 4,445,888, last on 2 May 2023 for AED 4,850,000 (AED 2,173 per sqft).
- Rented since December 2019 on 3 Ejari contracts, from AED 180,000 to AED 205,000 a year.
- At AED 205,000 a year the gross yield on the 2023 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 2 May 2023.
Questions about 1501, BLVD Crescent Tower 1
What did unit 1501 last sell for?
AED 4,850,000 on 2 May 2023: AED 2,173 per sqft for 2,232 sqft. The unit has 2 registered sales; the first was AED 4,445,888 in October 2014.
What is the rent for unit 1501?
AED 205,000 a year on the contract renewed on 1 December 2021. The previous contract, from December 2020, was AED 167,500; the unit has been rented since December 2019.
How big is unit 1501?
2,232 sqft (207.4 sqm): a three-bedroom apartment on the 15th floor of a 42-storey tower completed in 2018.
What is unit 1501 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 1501, BLVD Crescent Tower 1
Starts from the last sale price (AED 4.85M, 2 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,850,000
- Deposit, UAE resident (20%)
- AED 970,000
- Deposit, non-resident (40%)
- AED 1,940,000
- Monthly over 25 years at 3.7%
- AED 19,843
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →