1-bed · 908 sqftBLVD Crescent Tower 1, Downtown Dubai · 4th floor · completed 2018

406, BLVD Crescent Tower 1

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

Unit 406 · DLD and Ejari recordsUpdated 15 August 2022
Last soldAED 1.52M15 August 2022
Current rentAED 90K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, BLVD Crescent Tower 1

What is 406 worth today?

Last sold for AED 1,518,350 in 2022

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15 Aug 2022SoldReady
AED 1,518,350AED 1,671 per sqft
1 Oct 2021RentedNew contract
AED 90,000/yr12 months · AED 100 per sqft
3 Nov 2020RentedRenewal
AED 84,000/yr12 months · AED 93 per sqft
3 Nov 2019RentedNew contract
AED 90,000/yr12 months · AED 100 per sqft
29 Oct 2014Sold by developerOff-plan
AED 1,543,888AED 1,700 per sqft

Source: Dubai Land Department. Updated 15 August 2022.

Key facts

Type
1-bed apartment
Size
908 sqft
Floor
4th of 42
Parking
B-62
Developer
Emaar
Completed
2018
Service charge
AED 21,200 /yr
Last sold
AED 1.52M · August 2022

About 406, BLVD Crescent Tower 1

406 is a one-bedroom apartment of 908 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 15 August 2022 for AED 1,518,350, or AED 1,671 per sqft, in line with the AED 1,673 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 October 2021, is AED 90,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 21,200 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in BLVD Crescent Tower 1
1.5M2M20142017202020232026Typical sale price by year: 2014 AED 1,634,388; 2016 AED 1,614,944; 2017 AED 1,533,916; 2018 AED 1,798,888; 2019 AED 1,562,944; 2020 AED 1,642,888; 2022 AED 1,600,000; 2023 AED 1,867,500; 2024 AED 2,100,000; 2025 AED 2,100,000Sold by developer, October 2014: AED 1,543,888 (AED 1,700 per sqft)Sold, August 2022: AED 1,518,350 (AED 1,671 per sqft)

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

Rents
Unit 406, each contractTypical one-bed in BLVD Crescent Tower 1
75K100K125K20192021202320252027Typical rent by year: 2019 AED 85,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 89,250; 2023 AED 107,000; 2024 AED 124,000; 2025 AED 125,500; 2026 AED 120,000New contract, November 2019: AED 90,000 a yearRenewal, November 2020: AED 84,000 a yearNew contract, October 2021: AED 90,000 a year

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

1-beds in BLVD Crescent Tower 1, and where 406 sits

All 67 1-beds →

406 last sold in August 2022 at AED 1,671 per sqft, in line with what one-beds in BLVD Crescent Tower 1 were fetching at the time (AED 1,673). Over the last 12 months one-beds sold for AED 1,581,104 to 2,325,000, around AED 2,522 per sqft, and rent for AED 100,000 to 360,000 a year. 406's AED 90,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Jul 20262,325,000
5 Mar 20261,581,104
6 Nov 20252,350,000
16 Sep 20251,485,982
2 1-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
4013-bedAED 4.9M · Jun 2024
4023-bedAED 2.85M · Feb 2021
4032-bedAED 3.5M · Oct 2026
4041-bedAED 1.58M · Mar 2026
4051-bedAED 1.6M · Jun 2022
4072-bedAED 3.4M · Jul 2023

406, BLVD Crescent Tower 1 in numbers

  • Sold twice: first on 29 October 2014 for AED 1,543,888, last on 15 August 2022 for AED 1,518,350 (AED 1,671 per sqft).
  • Rented since November 2019 on 3 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 21,200 a year (AED 23.37 per sqft).
  • One-beds in BLVD Crescent Tower 1 sold for AED 1,581,104–2,325,000 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 15 August 2022.

Questions about 406, BLVD Crescent Tower 1

What did unit 406 last sell for?

AED 1,518,350 on 15 August 2022: AED 1,671 per sqft for 908 sqft. The unit has 2 registered sales; the first was AED 1,543,888 in October 2014.

What is the rent for unit 406?

AED 90,000 a year on the contract signed on 1 October 2021. The previous contract, from November 2020, was AED 84,000; the unit has been rented since November 2019.

How big is unit 406?

908 sqft (84.4 sqm): a one-bedroom apartment on the 4th floor of a 42-storey tower completed in 2018.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in BLVD Crescent Tower 1 sold for AED 1,581,104 to 2,325,000 in the last 12 months, around AED 2,522 per sqft.

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Mortgage on 406, BLVD Crescent Tower 1

Starts from the last sale price (AED 1.52M, 15 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,518,350
Deposit, UAE resident (20%)
AED 303,670
Deposit, non-resident (40%)
AED 607,340
Monthly over 25 years at 3.7%
AED 6,212

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