3-bed · 2,251 sqftBLVD Crescent Tower 1, Downtown Dubai · 4th floor · completed 2018

401, BLVD Crescent Tower 1

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 7 June 2024
Last soldAED 4.9M7 June 2024
Current rentAED 245K /yr18 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, BLVD Crescent Tower 1

What is 401 worth today?

Last sold for AED 4,900,000 in 2024

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7 Jun 2024SoldReady
AED 4,900,000AED 2,177 per sqft
18 Aug 2023RentedRenewal
AED 245,000/yr12 months · AED 109 per sqft
18 Aug 2022RentedRenewal
AED 185,000/yr12 months · AED 82 per sqft
18 Aug 2021RentedRenewal
AED 167,500/yr12 months · AED 74 per sqft
18 Aug 2020RentedNew contract
AED 157,500/yr12 months · AED 70 per sqft
18 Aug 2019RentedNew contract
AED 165,000/yr12 months · AED 73 per sqft
29 Oct 2014Sold by developerOff-plan
AED 4,392,888AED 1,951 per sqft

Source: Dubai Land Department. Updated 7 June 2024.

Key facts

Type
3-bed apartment
Size
2,251 sqft
Floor
4th of 42
Parking
P3-60, P3-61
Developer
Emaar
Completed
2018
Service charge
AED 52,600 /yr
Last sold
AED 4.9M · June 2024

About 401, BLVD Crescent Tower 1

401 is a three-bedroom apartment of 2,251 sqft on the 4th floor of BLVD Crescent Tower 1, a 42-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 7 June 2024 for AED 4,900,000, or AED 2,177 per sqft, in line with the AED 2,189 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 18 August 2023, is AED 245,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 52,600 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical three-bed in BLVD Crescent Tower 1
4M4.5M5M2014201820222026Typical sale price by year: 2014 AED 4,360,888; 2015 AED 4,479,888; 2016 AED 4,426,888; 2019 AED 4,406,888; 2020 AED 4,031,647; 2021 AED 4,459,097; 2022 AED 4,050,000; 2023 AED 4,625,000; 2024 AED 4,925,000; 2025 AED 4,962,500; 2026 AED 4,950,000Sold by developer, October 2014: AED 4,392,888 (AED 1,951 per sqft)Sold, June 2024: AED 4,900,000 (AED 2,177 per sqft)

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

Rents
Unit 401, each contractTypical three-bed in BLVD Crescent Tower 1
200K300K20192021202320252027Typical rent by year: 2019 AED 167,500; 2020 AED 155,000; 2021 AED 165,000; 2022 AED 198,000; 2023 AED 250,000; 2024 AED 260,000; 2025 AED 287,500; 2026 AED 279,999New contract, August 2019: AED 165,000 a yearNew contract, August 2020: AED 157,500 a yearRenewal, August 2021: AED 167,500 a yearRenewal, August 2022: AED 185,000 a yearRenewal, August 2023: AED 245,000 a year

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

3-beds in BLVD Crescent Tower 1, and where 401 sits

All 101 3-beds →

401 last sold in June 2024 at AED 2,177 per sqft, in line with what three-beds in BLVD Crescent Tower 1 were fetching at the time (AED 2,189). Over the last 12 months three-beds sold for AED 4,499,225 to 5,500,000, around AED 2,498 per sqft, and rent for AED 203,105 to 385,000 a year. 401's AED 245,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Sep 20264,950,000
3 Sep 20265,500,000
9 Jul 20264,499,225
26 Feb 20265,415,888
7 3-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 4th floor

All 246 units in BLVD Crescent Tower 1
Value
4023-bedAED 2.85M · Feb 2021
4032-bedAED 3.5M · Oct 2026
4041-bedAED 1.58M · Mar 2026
4051-bedAED 1.6M · Jun 2022
4061-bedAED 1.52M · Aug 2022
4072-bedAED 3.4M · Jul 2023

401, BLVD Crescent Tower 1 in numbers

  • Sold twice: first on 29 October 2014 for AED 4,392,888, last on 7 June 2024 for AED 4,900,000 (AED 2,177 per sqft).
  • Rented since August 2019 on 5 Ejari contracts, from AED 165,000 to AED 245,000 a year.
  • At AED 245,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 52,600 a year (AED 23.37 per sqft).
  • Three-beds in BLVD Crescent Tower 1 sold for AED 4,499,225–5,500,000 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 7 June 2024.

Questions about 401, BLVD Crescent Tower 1

What did unit 401 last sell for?

AED 4,900,000 on 7 June 2024: AED 2,177 per sqft for 2,251 sqft. The unit has 2 registered sales; the first was AED 4,392,888 in October 2014.

What is the rent for unit 401?

AED 245,000 a year on the contract renewed on 18 August 2023. The previous contract, from August 2022, was AED 185,000; the unit has been rented since August 2019.

How big is unit 401?

2,251 sqft (209.1 sqm): a three-bedroom apartment on the 4th floor of a 42-storey tower completed in 2018.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in BLVD Crescent Tower 1 sold for AED 4,499,225 to 5,500,000 in the last 12 months, around AED 2,498 per sqft.

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Mortgage on 401, BLVD Crescent Tower 1

Starts from the last sale price (AED 4.9M, 7 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,900,000
Deposit, UAE resident (20%)
AED 980,000
Deposit, non-resident (40%)
AED 1,960,000
Monthly over 25 years at 3.7%
AED 20,047

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