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3-bed · 2,228 sqftBLVD Crescent Tower 1, Downtown Dubai · 16th floor · completed 2018

1603, BLVD Crescent Tower 1

Sold prices and rental history: sold twice, last in July 2021, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 3.75M4 July 2021
Current rentAED 360K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1603, BLVD Crescent Tower 1

What is 1603 worth today?

Last sold for AED 3,750,000 in 2021

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1 May 2025RentedNew contract
AED 360,000/yr24 months · AED 162 per sqft
1 May 2025RentedNew contract
AED 360,000/yr24 months · AED 162 per sqft
4 Jul 2021SoldReady
AED 3,750,000AED 1,683 per sqft
28 Oct 2014Sold by developerOff-plan
AED 4,254,888AED 1,910 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
3-bed apartment
Size
2,228 sqft
Floor
16th of 42
Parking
P1-16, P1-27
Developer
Emaar
Completed
2018
Service charge
AED 52,100 /yr
Last sold
AED 3.75M · July 2021
Building
BLVD Crescent Tower 1

About 1603, BLVD Crescent Tower 1

1603 is a three-bedroom apartment of 2,228 sqft on the 16th floor of BLVD Crescent Tower 1, a 42-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 4 July 2021 for AED 3,750,000, or AED 1,683 per sqft, in line with the AED 1,683 three-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 May 2025, is AED 360,000 a year: a gross yield of 9.6% on the 2021 price, before the service charge of about AED 52,100 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical three-bed in BLVD Crescent Tower 1
4M5M2014201820222026Typical 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 4,254,888 (AED 1,910 per sqft)Sold, July 2021: AED 3,750,000 (AED 1,683 per sqft)

1603 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1603, 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, May 2025: AED 360,000 a yearNew contract, May 2025: AED 360,000 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 1603 sits

All 101 3-beds →

1603 last sold in July 2021 at AED 1,683 per sqft, in line with what three-beds in BLVD Crescent Tower 1 were fetching at the time (AED 1,683). 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. 1603's AED 360,000 is in the upper half 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 16th floor

All 246 units in BLVD Crescent Tower 1
Value
16013-bedAED 2M · Feb 2020
16023-bedAED 4.15M · Oct 2014
16042-bedAED 2.44M · May 2017
16051-bedAED 2.1M · Aug 2024
16062-bedAED 2.2M · Apr 2021

1603, BLVD Crescent Tower 1 in numbers

  • Sold twice: first on 28 October 2014 for AED 4,254,888, last on 4 July 2021 for AED 3,750,000 (AED 1,683 per sqft).
  • Rented since May 2025 on 2 Ejari contracts, at AED 360,000 a year.
  • At AED 360,000 a year the gross yield on the 2021 price is 9.6%, before a service charge of about AED 52,100 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 May 2025.

Questions about 1603, BLVD Crescent Tower 1

What did unit 1603 last sell for?

AED 3,750,000 on 4 July 2021: AED 1,683 per sqft for 2,228 sqft. The unit has 2 registered sales; the first was AED 4,254,888 in October 2014.

What is the rent for unit 1603?

AED 360,000 a year on the contract signed on 1 May 2025. The previous contract, from May 2025, was AED 360,000.

How big is unit 1603?

2,228 sqft (207.0 sqm): a three-bedroom apartment on the 16th floor of a 42-storey tower completed in 2018.

What is unit 1603 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 1603, BLVD Crescent Tower 1

Starts from the last sale price (AED 3.75M, 4 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,750,000
Deposit, UAE resident (20%)
AED 750,000
Deposit, non-resident (40%)
AED 1,500,000
Monthly over 25 years at 3.7%
AED 15,342

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