2-bed · 1,543 sqftBLVD Crescent Tower 1, Downtown Dubai · 37th floor · completed 2018

3706, BLVD Crescent Tower 1

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

Unit 3706 · DLD and Ejari recordsUpdated 4 November 2022
Last soldAED 3.27M4 November 2022
Current rentAED 115K /yr15 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3706, BLVD Crescent Tower 1

What is 3706 worth today?

Last sold for AED 3,265,000 in 2022

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4 Nov 2022SoldReady
AED 3,265,000AED 2,115 per sqft
15 Nov 2021RentedNew contract
AED 115,000/yr12 months · AED 75 per sqft
15 Nov 2020RentedRenewal
AED 115,000/yr12 months · AED 75 per sqft
15 Nov 2019RentedNew contract
AED 135,000/yr12 months · AED 88 per sqft
2 Oct 2014Sold by developerOff-plan
AED 3,259,888AED 2,112 per sqft

Source: Dubai Land Department. Updated 4 November 2022.

Key facts

Type
2-bed apartment
Size
1,543 sqft
Floor
37th of 42
Parking
P3-45
Developer
Emaar
Completed
2018
Service charge
AED 36,100 /yr
Last sold
AED 3.27M · November 2022

About 3706, BLVD Crescent Tower 1

3706 is a two-bedroom apartment of 1,543 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 4 November 2022 for AED 3,265,000, or AED 2,115 per sqft, 24% above the AED 1,699 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 15 November 2021, is AED 115,000 a year: a gross yield of 3.5% on the 2022 price, before the service charge of about AED 36,100 a year.

Sales and rents for 3706 over time

Sales
Unit 3706, 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 3,259,888 (AED 2,112 per sqft)Sold, November 2022: AED 3,265,000 (AED 2,115 per sqft)

3706 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3706, 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 2019: AED 135,000 a yearRenewal, November 2020: AED 115,000 a yearNew contract, November 2021: AED 115,000 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 3706 sits

All 76 2-beds →

3706 last sold in November 2022 at AED 2,115 per sqft, 24% above what two-beds in BLVD Crescent Tower 1 were fetching at the time (AED 1,699). 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. 3706's AED 115,000 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
37042-bedAED 2.3M · Jun 2022
37051-bedAED 1.65M · Oct 2014

3706, BLVD Crescent Tower 1 in numbers

  • Sold twice: first on 2 October 2014 for AED 3,259,888, last on 4 November 2022 for AED 3,265,000 (AED 2,115 per sqft).
  • Rented since November 2019 on 3 Ejari contracts, from AED 135,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2022 price is 3.5%, 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 4 November 2022.

Questions about 3706, BLVD Crescent Tower 1

What did unit 3706 last sell for?

AED 3,265,000 on 4 November 2022: AED 2,115 per sqft for 1,543 sqft. The unit has 2 registered sales; the first was AED 3,259,888 in October 2014.

What is the rent for unit 3706?

AED 115,000 a year on the contract signed on 15 November 2021. The previous contract, from November 2020, was AED 115,000; the unit has been rented since November 2019.

How big is unit 3706?

1,543 sqft (143.3 sqm): a two-bedroom apartment on the 37th floor of a 42-storey tower completed in 2018.

What is unit 3706 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 3706, BLVD Crescent Tower 1

Starts from the last sale price (AED 3.27M, 4 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,265,000
Deposit, UAE resident (20%)
AED 653,000
Deposit, non-resident (40%)
AED 1,306,000
Monthly over 25 years at 3.7%
AED 13,358

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