2-bed · 1,412 sqftBLVD Crescent Tower 1, Downtown Dubai · 24th floor · completed 2018

2404, BLVD Crescent Tower 1

Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 30 November 2022
Last soldAED 2.5M29 July 2022
Current rentAED 46K /yr30 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, BLVD Crescent Tower 1

What is 2404 worth today?

Last sold for AED 2,500,000 in 2022

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30 Nov 2022RentedNew contract
AED 46,119/yr3 months · AED 33 per sqft
29 Jul 2022SoldReady
AED 2,500,000AED 1,770 per sqft
1 Dec 2021RentedRenewal
AED 100,000/yr12 months · AED 71 per sqft
1 Dec 2020RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
14 Oct 2019RentedNew contract
AED 120,000/yr12 months · AED 85 per sqft
28 Oct 2014Sold by developerOff-plan
AED 2,474,888AED 1,752 per sqft

Source: Dubai Land Department. Updated 30 November 2022.

Key facts

Type
2-bed apartment
Size
1,412 sqft
Floor
24th of 42
Parking
G-34
Developer
Emaar
Completed
2018
Service charge
AED 33,000 /yr
Last sold
AED 2.5M · July 2022

About 2404, BLVD Crescent Tower 1

2404 is a two-bedroom apartment of 1,412 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 29 July 2022 for AED 2,500,000, or AED 1,770 per sqft, 9% above the AED 1,628 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 30 November 2022, is AED 46,119 a year: a gross yield of 1.8% on the 2022 price, before the service charge of about AED 33,000 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, each saleTypical two-bed in BLVD Crescent Tower 1
2.5M3M3.5M2014201820222026Typical sale price by year: 2014 AED 3,126,388; 2015 AED 3,197,388; 2017 AED 2,546,323; 2019 AED 3,266,888; 2020 AED 2,651,944; 2021 AED 2,400,000; 2022 AED 2,882,500; 2023 AED 2,990,000; 2024 AED 3,350,000; 2025 AED 3,355,000; 2026 AED 3,290,000Sold by developer, October 2014: AED 2,474,888 (AED 1,752 per sqft)Sold, July 2022: AED 2,500,000 (AED 1,770 per sqft)

2404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2404, each contractTypical two-bed in BLVD Crescent Tower 1
100K200K20192021202320252027Typical rent by year: 2019 AED 125,000; 2020 AED 114,996; 2021 AED 115,500; 2022 AED 130,000; 2023 AED 150,000; 2024 AED 170,000; 2025 AED 182,500; 2026 AED 182,500New contract, October 2019: AED 120,000 a yearNew contract, December 2020: AED 100,000 a yearRenewal, December 2021: AED 100,000 a yearNew contract, November 2022: AED 46,119 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in BLVD Crescent Tower 1, and where 2404 sits

All 76 2-beds →

2404 last sold in July 2022 at AED 1,770 per sqft, 9% above what two-beds in BLVD Crescent Tower 1 were fetching at the time (AED 1,628). Over the last 12 months two-beds sold for AED 3,140,000 to 3,500,000, around AED 2,245 per sqft, and rent for AED 48,000 to 235,000 a year. 2404's AED 46,119 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20263,500,000
20 Aug 20263,200,000
10 Jul 20263,140,000
6 Mar 20263,380,000
4 2-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
24013-bedAED 4.62M · Jul 2014
24023-bedAED 4.18M · Oct 2014
24033-bedAED 5.3M · Jun 2024
24051-bedAED 1.87M · Oct 2022
24062-bedAED 3.2M · Oct 2014

2404, BLVD Crescent Tower 1 in numbers

  • Sold twice: first on 28 October 2014 for AED 2,474,888, last on 29 July 2022 for AED 2,500,000 (AED 1,770 per sqft).
  • Rented since October 2019 on 4 Ejari contracts, from AED 120,000 to AED 46,119 a year.
  • At AED 46,119 a year the gross yield on the 2022 price is 1.8%, before a service charge of about AED 33,000 a year (AED 23.37 per sqft).
  • Two-beds in BLVD Crescent Tower 1 sold for AED 3,140,000–3,500,000 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 30 November 2022.

Questions about 2404, BLVD Crescent Tower 1

What did unit 2404 last sell for?

AED 2,500,000 on 29 July 2022: AED 1,770 per sqft for 1,412 sqft. The unit has 2 registered sales; the first was AED 2,474,888 in October 2014.

What is the rent for unit 2404?

AED 46,119 a year on the contract signed on 30 November 2022. The previous contract, from December 2021, was AED 100,000; the unit has been rented since October 2019.

How big is unit 2404?

1,412 sqft (131.2 sqm): a two-bedroom apartment on the 24th floor of a 42-storey tower completed in 2018.

What is unit 2404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in BLVD Crescent Tower 1 sold for AED 3,140,000 to 3,500,000 in the last 12 months, around AED 2,245 per sqft.

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Mortgage on 2404, BLVD Crescent Tower 1

Starts from the last sale price (AED 2.5M, 29 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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