3-bed · 2,250 sqftBLVD Crescent Tower 1, Downtown Dubai · 24th floor · completed 2018

2401, BLVD Crescent Tower 1

Sold prices and rental history: sold twice, last in July 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 4.62M16 July 2014
Current rentAED 163K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, BLVD Crescent Tower 1

What is 2401 worth today?

Last sold for AED 4,623,555 in 2014

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1 Nov 2022RentedRenewal
AED 162,500/yr12 months · AED 72 per sqft
1 Oct 2021RentedRenewal
AED 155,000/yr13 months · AED 69 per sqft
1 Sep 2020RentedRenewal
AED 150,000/yr13 months · AED 67 per sqft
1 Sep 2019RentedNew contract
AED 160,000/yr12 months · AED 71 per sqft
16 Jul 2014SoldOff-plan
AED 4,623,555AED 2,054 per sqft
19 Jun 2014Sold by developerOff-plan
AED 4,488,888AED 1,995 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type
3-bed apartment
Size
2,250 sqft
Floor
24th of 42
Parking
B-170, B-171
Developer
Emaar
Completed
2018
Service charge
AED 52,600 /yr
Last sold
AED 4.62M · July 2014

About 2401, BLVD Crescent Tower 1

2401 is a three-bedroom apartment of 2,250 sqft on the 24th floor of BLVD Crescent Tower 1, a 42-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 16 July 2014 for AED 4,623,555, or AED 2,054 per sqft, in line with the AED 1,995 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 162,500 a year: a gross yield of 3.5% on the 2014 price, before the service charge of about AED 52,600 a year.

Sales and rents for 2401 over time

Sales
Unit 2401, 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, June 2014: AED 4,488,888 (AED 1,995 per sqft)Sold, July 2014: AED 4,623,555 (AED 2,054 per sqft)

2401 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2401, 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, September 2019: AED 160,000 a yearRenewal, September 2020: AED 150,000 a yearRenewal, October 2021: AED 155,000 a yearRenewal, November 2022: AED 162,500 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 2401 sits

All 101 3-beds →

2401 last sold in July 2014 at AED 2,054 per sqft, in line with what three-beds in BLVD Crescent Tower 1 were fetching at the time (AED 1,995). 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. 2401's AED 162,500 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 24th floor

All 246 units in BLVD Crescent Tower 1
Value
24023-bedAED 4.18M · Oct 2014
24033-bedAED 5.3M · Jun 2024
24042-bedAED 2.5M · Jul 2022
24051-bedAED 1.87M · Oct 2022
24062-bedAED 3.2M · Oct 2014

2401, BLVD Crescent Tower 1 in numbers

  • Sold twice: first on 19 June 2014 for AED 4,488,888, last on 16 July 2014 for AED 4,623,555 (AED 2,054 per sqft).
  • Rented since September 2019 on 4 Ejari contracts, from AED 160,000 to AED 162,500 a year.
  • At AED 162,500 a year the gross yield on the 2014 price is 3.5%, before a service charge of about AED 52,600 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 November 2022.

Questions about 2401, BLVD Crescent Tower 1

What did unit 2401 last sell for?

AED 4,623,555 on 16 July 2014: AED 2,054 per sqft for 2,250 sqft. The unit has 2 registered sales; the first was AED 4,488,888 in June 2014.

What is the rent for unit 2401?

AED 162,500 a year on the contract renewed on 1 November 2022. The previous contract, from October 2021, was AED 155,000; the unit has been rented since September 2019.

How big is unit 2401?

2,250 sqft (209.0 sqm): a three-bedroom apartment on the 24th floor of a 42-storey tower completed in 2018.

What is unit 2401 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 2401, BLVD Crescent Tower 1

Starts from the last sale price (AED 4.62M, 16 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,623,555
Deposit, UAE resident (20%)
AED 924,711
Deposit, non-resident (40%)
AED 1,849,422
Monthly over 25 years at 3.7%
AED 18,916

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