2-bed · 1,413 sqftBLVD Crescent Tower 1, Downtown Dubai · 37th floor · completed 2018

3704, BLVD Crescent Tower 1

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

Unit 3704 · DLD and Ejari recordsUpdated 16 June 2022
Last soldAED 2.3M16 June 2022
Current rentAED 110K /yr15 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3704, BLVD Crescent Tower 1

What is 3704 worth today?

Last sold for AED 2,300,000 in 2022

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16 Jun 2022SoldReady
AED 2,300,000AED 1,628 per sqft
15 Jan 2022RentedRenewal
AED 110,000/yr12 months · AED 78 per sqft
15 Nov 2020RentedNew contract
AED 105,000/yr14 months · AED 74 per sqft
1 Oct 2019RentedNew contract
AED 115,000/yr12 months · AED 82 per sqft
26 Oct 2014Sold by developerOff-plan
AED 2,529,888AED 1,791 per sqft

Source: Dubai Land Department. Updated 16 June 2022.

Key facts

Type
2-bed apartment
Size
1,413 sqft
Floor
37th of 42
Parking
B-142
Developer
Emaar
Completed
2018
Service charge
AED 33,000 /yr
Last sold
AED 2.3M · June 2022

About 3704, BLVD Crescent Tower 1

3704 is a two-bedroom apartment of 1,413 sqft on the 37th floor of BLVD Crescent Tower 1, a 42-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 16 June 2022 for AED 2,300,000, or AED 1,628 per sqft, in line with the AED 1,587 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 15 January 2022, is AED 110,000 a year: a gross yield of 4.8% on the 2022 price, before the service charge of about AED 33,000 a year.

Sales and rents for 3704 over time

Sales
Unit 3704, 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 2,529,888 (AED 1,791 per sqft)Sold, June 2022: AED 2,300,000 (AED 1,628 per sqft)

3704 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3704, each contractTypical two-bed in BLVD Crescent Tower 1
100K150K20192021202320252027Typical 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 115,000 a yearNew contract, November 2020: AED 105,000 a yearRenewal, January 2022: AED 110,000 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 3704 sits

All 76 2-beds →

3704 last sold in June 2022 at AED 1,628 per sqft, in line with what two-beds in BLVD Crescent Tower 1 were fetching at the time (AED 1,587). 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. 3704's AED 110,000 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 37th floor

All 246 units in BLVD Crescent Tower 1
Value
37013-bedAED 5M · Sep 2024
37023-bedAED 4.7M · Aug 2024
37033-bedAED 4.9M · Oct 2023
37051-bedAED 1.65M · Oct 2014
37062-bedAED 3.27M · Nov 2022

3704, BLVD Crescent Tower 1 in numbers

  • Sold twice: first on 26 October 2014 for AED 2,529,888, last on 16 June 2022 for AED 2,300,000 (AED 1,628 per sqft).
  • Rented since October 2019 on 3 Ejari contracts, from AED 115,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 4.8%, 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 16 June 2022.

Questions about 3704, BLVD Crescent Tower 1

What did unit 3704 last sell for?

AED 2,300,000 on 16 June 2022: AED 1,628 per sqft for 1,413 sqft. The unit has 2 registered sales; the first was AED 2,529,888 in October 2014.

What is the rent for unit 3704?

AED 110,000 a year on the contract renewed on 15 January 2022. The previous contract, from November 2020, was AED 105,000; the unit has been rented since October 2019.

How big is unit 3704?

1,413 sqft (131.3 sqm): a two-bedroom apartment on the 37th floor of a 42-storey tower completed in 2018.

What is unit 3704 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 3704, BLVD Crescent Tower 1

Starts from the last sale price (AED 2.3M, 16 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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