3-bed · 2,251 sqftBLVD Crescent Tower 1, Downtown Dubai · 5th floor · completed 2018

501, BLVD Crescent Tower 1

Sold prices and rental history: sold 3 times, last in November 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 28 November 2024
Last soldAED 5.85M28 November 2024
Current rentAED 240K /yr15 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, BLVD Crescent Tower 1

What is 501 worth today?

Last sold for AED 5,850,000 in 2024

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28 Nov 2024SoldReady
AED 5,850,000AED 2,599 per sqft
24 May 2023SoldReady
AED 4,100,000AED 1,821 per sqft
15 Jan 2022RentedNew contract
AED 240,000/yr12 months · AED 107 per sqft
25 Oct 2020RentedRenewal
AED 165,000/yr12 months · AED 73 per sqft
25 Oct 2019RentedNew contract
AED 172,000/yr12 months · AED 76 per sqft
29 Oct 2014Sold by developerOff-plan
AED 4,397,888AED 1,953 per sqft

Source: Dubai Land Department. Updated 28 November 2024.

Key facts

Type
3-bed apartment
Size
2,251 sqft
Floor
5th of 42
Parking
P3-76, P3-77
Developer
Emaar
Completed
2018
Service charge
AED 52,600 /yr
Last sold
AED 5.85M · November 2024

About 501, BLVD Crescent Tower 1

501 is a three-bedroom apartment of 2,251 sqft on the 5th floor of BLVD Crescent Tower 1, a 42-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 28 November 2024 for AED 5,850,000, or AED 2,599 per sqft, 11% above the AED 2,352 three-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 January 2022, is AED 240,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 52,600 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical three-bed in BLVD Crescent Tower 1
4M5M6M2014201820222026Typical 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 4,397,888 (AED 1,953 per sqft)Sold, May 2023: AED 4,100,000 (AED 1,821 per sqft)Sold, November 2024: AED 5,850,000 (AED 2,599 per sqft)

501 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 501, 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, October 2019: AED 172,000 a yearRenewal, October 2020: AED 165,000 a yearNew contract, January 2022: AED 240,000 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 501 sits

All 101 3-beds →

501 last sold in November 2024 at AED 2,599 per sqft, 11% above what three-beds in BLVD Crescent Tower 1 were fetching at the time (AED 2,352). 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. 501's AED 240,000 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 5th floor

All 246 units in BLVD Crescent Tower 1
Value
5023-bedAED 4.07M · Oct 2014
5032-bedAED 3.15M · Oct 2014
5041-bedAED 1.64M · Oct 2014
5051-bedAED 2.1M · Mar 2025
5061-bedAED 1.9M · Sep 2023
5072-bedAED 3.11M · Oct 2014

501, BLVD Crescent Tower 1 in numbers

  • Sold 3 times: first on 29 October 2014 for AED 4,397,888, last on 28 November 2024 for AED 5,850,000 (AED 2,599 per sqft).
  • Rented since October 2019 on 3 Ejari contracts, from AED 172,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2024 price is 4.1%, 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 28 November 2024.

Questions about 501, BLVD Crescent Tower 1

What did unit 501 last sell for?

AED 5,850,000 on 28 November 2024: AED 2,599 per sqft for 2,251 sqft. The unit has 3 registered sales; the first was AED 4,397,888 in October 2014.

What is the rent for unit 501?

AED 240,000 a year on the contract signed on 15 January 2022. The previous contract, from October 2020, was AED 165,000; the unit has been rented since October 2019.

How big is unit 501?

2,251 sqft (209.1 sqm): a three-bedroom apartment on the 5th floor of a 42-storey tower completed in 2018.

What is unit 501 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 501, BLVD Crescent Tower 1

Starts from the last sale price (AED 5.85M, 28 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,850,000
Deposit, UAE resident (20%)
AED 1,170,000
Deposit, non-resident (40%)
AED 2,340,000
Monthly over 25 years at 3.7%
AED 23,934

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