2-bed · 1,436 sqftBLVD Crescent Tower 1, Downtown Dubai · 40th floor · completed 2018

4006, BLVD Crescent Tower 1

Sold prices and rental history: sold twice, last in October 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4006 · DLD and Ejari recordsUpdated 10 October 2021
Last soldAED 2.2M10 October 2021
Current rentAED 115K /yr2 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4006, BLVD Crescent Tower 1

What is 4006 worth today?

Last sold for AED 2,200,000 in 2021

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10 Oct 2021SoldReady
AED 2,200,000AED 1,531 per sqft
2 Feb 2021RentedNew contract
AED 115,000/yr12 months · AED 80 per sqft
1 Dec 2020RentedRenewal
AED 114,996/yr2 months · AED 80 per sqft
1 Dec 2019RentedNew contract
AED 135,000/yr12 months · AED 94 per sqft
16 Jun 2019Sold by developerOff-plan
AED 3,356,888AED 2,337 per sqft

Source: Dubai Land Department. Updated 10 October 2021.

Key facts

Type
2-bed apartment
Size
1,436 sqft
Floor
40th of 42
Parking
P2-44
Developer
Emaar
Completed
2018
Service charge
AED 33,600 /yr
Last sold
AED 2.2M · October 2021

About 4006, BLVD Crescent Tower 1

4006 is a two-bedroom apartment of 1,436 sqft on the 40th floor of BLVD Crescent Tower 1, a 42-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 10 October 2021 for AED 2,200,000, or AED 1,531 per sqft, in line with the AED 1,511 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 2 February 2021, is AED 115,000 a year: a gross yield of 5.2% on the 2021 price, before the service charge of about AED 33,600 a year.

Sales and rents for 4006 over time

Sales
Unit 4006, each saleTypical two-bed in BLVD Crescent Tower 1
2M3M2014201820222026Typical 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, June 2019: AED 3,356,888 (AED 2,337 per sqft)Sold, October 2021: AED 2,200,000 (AED 1,531 per sqft)

4006 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4006, 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, December 2019: AED 135,000 a yearRenewal, December 2020: AED 114,996 a yearNew contract, February 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 4006 sits

All 76 2-beds →

4006 last sold in October 2021 at AED 1,531 per sqft, in line with what two-beds in BLVD Crescent Tower 1 were fetching at the time (AED 1,511). 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. 4006'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 40th floor

All 246 units in BLVD Crescent Tower 1
Value
40014-bedAED 23.3M · Jul 2023
40031-bedAED 1.8M · Jul 2016
40041-bedAED 1.45M · Feb 2019
40051-bedAED 1.71M · Apr 2019

4006, BLVD Crescent Tower 1 in numbers

  • Sold twice: first on 16 June 2019 for AED 3,356,888, last on 10 October 2021 for AED 2,200,000 (AED 1,531 per sqft).
  • Rented since December 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 2021 price is 5.2%, before a service charge of about AED 33,600 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 10 October 2021.

Questions about 4006, BLVD Crescent Tower 1

What did unit 4006 last sell for?

AED 2,200,000 on 10 October 2021: AED 1,531 per sqft for 1,436 sqft. The unit has 2 registered sales; the first was AED 3,356,888 in June 2019.

What is the rent for unit 4006?

AED 115,000 a year on the contract signed on 2 February 2021. The previous contract, from December 2020, was AED 114,996; the unit has been rented since December 2019.

How big is unit 4006?

1,436 sqft (133.4 sqm): a two-bedroom apartment on the 40th floor of a 42-storey tower completed in 2018.

What is unit 4006 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 4006, BLVD Crescent Tower 1

Starts from the last sale price (AED 2.2M, 10 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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