1602, 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.
Property timeline for 1602, BLVD Crescent Tower 1
What is 1602 worth today?
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Source: Dubai Land Department. Updated 20 May 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,979 sqft
- Floor
- 16th of 42
- Parking
- P3-20, P3-23
- Developer
- Emaar
- Completed
- 2018
- Service charge
- AED 46,200 /yr
- Last sold
- AED 4.15M · October 2014
- Building
- BLVD Crescent Tower 1
About 1602, BLVD Crescent Tower 1
1602 is a three-bedroom apartment of 1,979 sqft on the 16th floor of BLVD Crescent Tower 1, a 42-storey tower in Downtown Dubai completed in 2018 by Emaar. The developer sold it on 28 October 2014 for AED 4,147,888, or AED 2,096 per sqft, 5% above the AED 1,999 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 20 May 2026, is AED 265,000 a year: a gross yield of 6.4% on the 2014 price, before the service charge of about AED 46,200 a year.
Sales and rents for 1602 over time
1602 has sold once; 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 1602 sits
All 101 3-beds →1602 last sold in October 2014 at AED 2,096 per sqft, 5% above what three-beds in BLVD Crescent Tower 1 were fetching at the time (AED 1,999). 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. 1602's AED 265,000 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 16th floor
All 246 units in BLVD Crescent Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 2,232 sqft | AED 2MAED 2,000,000 · Feb 2020February 2020 | 315,000 /yr | |
| 1603 | 3-bed | 2,228 sqft | AED 3.75MAED 3,750,000 · Jul 2021July 2021 | 360,000 /yr | |
| 1604 | 2-bed | 1,413 sqft | AED 2.44MAED 2,440,888 · May 2017May 2017 | ||
| 1605 | 1-bed | 909 sqft | AED 2.1MAED 2,100,000 · Aug 2024August 2024 | 134,638 /yr | |
| 1606 | 2-bed | 1,542 sqft | AED 2.2MAED 2,200,000 · Apr 2021April 2021 | 172,500 /yr |
1602, BLVD Crescent Tower 1 in numbers
- Sold once: by Emaar on 28 October 2014 for AED 4,147,888, or AED 2,096 per sqft.
- Rented since November 2019 on 7 Ejari contracts, from AED 145,000 to AED 265,000 a year.
- At AED 265,000 a year the gross yield on the 2014 price is 6.4%, 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 20 May 2026.
Questions about 1602, BLVD Crescent Tower 1
What did unit 1602 last sell for?
AED 4,147,888 on 28 October 2014, sold by the developer: AED 2,096 per sqft for 1,979 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 265,000 a year on the contract signed on 20 May 2026. The previous contract, from May 2025, was AED 265,000; the unit has been rented since November 2019.
How big is unit 1602?
1,979 sqft (183.9 sqm): a three-bedroom apartment on the 16th floor of a 42-storey tower completed in 2018.
What is unit 1602 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 1602, BLVD Crescent Tower 1
Starts from the last sale price (AED 4.15M, 28 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 4,147,888
- Deposit, UAE resident (20%)
- AED 829,578
- Deposit, non-resident (40%)
- AED 1,659,155
- Monthly over 25 years at 3.7%
- AED 16,970
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →