2-bed · 1,543 sqftBLVD Crescent Tower 1, Downtown Dubai · 34th floor · completed 2018

3406, BLVD Crescent Tower 1

Sold prices and rental history: sold twice, last in March 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3406 · DLD and Ejari recordsUpdated 18 March 2024
Last soldAED 3.4M18 March 2024
Current rentAED 130K /yr26 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3406, BLVD Crescent Tower 1

What is 3406 worth today?

Last sold for AED 3,400,000 in 2024

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18 Mar 2024SoldReady
AED 3,400,000AED 2,203 per sqft
26 Nov 2022RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
27 Nov 2021RentedRenewal
AED 115,310/yr12 months · AED 75 per sqft
27 Nov 2020RentedNew contract
AED 115,000/yr12 months · AED 75 per sqft
26 Oct 2014Sold by developerOff-plan
AED 3,245,888AED 2,103 per sqft

Source: Dubai Land Department. Updated 18 March 2024.

Key facts

Type
2-bed apartment
Size
1,543 sqft
Floor
34th of 42
Parking
P3-40
Developer
Emaar
Completed
2018
Service charge
AED 36,100 /yr
Last sold
AED 3.4M · March 2024

About 3406, BLVD Crescent Tower 1

3406 is a two-bedroom apartment of 1,543 sqft on the 34th floor of BLVD Crescent Tower 1, a 42-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 18 March 2024 for AED 3,400,000, or AED 2,203 per sqft, 7% above the AED 2,061 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 26 November 2022, is AED 130,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 36,100 a year.

Sales and rents for 3406 over time

Sales
Unit 3406, 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 3,245,888 (AED 2,103 per sqft)Sold, March 2024: AED 3,400,000 (AED 2,203 per sqft)

3406 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3406, each contractTypical two-bed in BLVD Crescent Tower 1
150K20192021202320252027Typical 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, November 2020: AED 115,000 a yearRenewal, November 2021: AED 115,310 a yearRenewal, November 2022: AED 130,000 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 3406 sits

All 76 2-beds →

3406 last sold in March 2024 at AED 2,203 per sqft, 7% above what two-beds in BLVD Crescent Tower 1 were fetching at the time (AED 2,061). 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. 3406's AED 130,000 is in the lower half 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 34th floor

All 246 units in BLVD Crescent Tower 1
Value
34013-bedAED 4.54M · Oct 2014
34033-bedAED 5.6M · Jul 2024
34042-bedAED 3.15M · Nov 2024
34051-bedAED 1.64M · Oct 2014

3406, BLVD Crescent Tower 1 in numbers

  • Sold twice: first on 26 October 2014 for AED 3,245,888, last on 18 March 2024 for AED 3,400,000 (AED 2,203 per sqft).
  • Rented since November 2020 on 3 Ejari contracts, from AED 115,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 36,100 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 18 March 2024.

Questions about 3406, BLVD Crescent Tower 1

What did unit 3406 last sell for?

AED 3,400,000 on 18 March 2024: AED 2,203 per sqft for 1,543 sqft. The unit has 2 registered sales; the first was AED 3,245,888 in October 2014.

What is the rent for unit 3406?

AED 130,000 a year on the contract renewed on 26 November 2022. The previous contract, from November 2021, was AED 115,310; the unit has been rented since November 2020.

How big is unit 3406?

1,543 sqft (143.3 sqm): a two-bedroom apartment on the 34th floor of a 42-storey tower completed in 2018.

What is unit 3406 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 3406, BLVD Crescent Tower 1

Starts from the last sale price (AED 3.4M, 18 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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