1-bed · 908 sqftBLVD Crescent Tower 1, Downtown Dubai · 5th floor · completed 2018

506, BLVD Crescent Tower 1

Sold prices and rental history: sold 3 times, last in September 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 11 September 2023
Last soldAED 1.9M11 September 2023
Current rentAED 82K /yr27 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, BLVD Crescent Tower 1

What is 506 worth today?

Last sold for AED 1,900,000 in 2023

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11 Sep 2023SoldReady
AED 1,900,000AED 2,092 per sqft
27 Jul 2022RentedRenewal
AED 81,900/yr12 months · AED 91 per sqft
27 Jul 2021RentedNew contract
AED 78,000/yr12 months · AED 86 per sqft
1 Mar 2020RentedNew contract
AED 83,000/yr12 months · AED 92 per sqft
31 May 2016SoldOff-plan
AED 1,237,510AED 1,362 per sqft
29 Oct 2014Sold by developerOff-plan
AED 1,546,888AED 1,703 per sqft

Source: Dubai Land Department. Updated 11 September 2023.

Key facts

Type
1-bed apartment
Size
908 sqft
Floor
5th of 42
Parking
B-79
Developer
Emaar
Completed
2018
Service charge
AED 21,200 /yr
Last sold
AED 1.9M · September 2023

About 506, BLVD Crescent Tower 1

506 is a one-bedroom apartment of 908 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 11 September 2023 for AED 1,900,000, or AED 2,092 per sqft, 9% above the AED 1,926 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 27 July 2022, is AED 81,900 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 21,200 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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 1,546,888 (AED 1,703 per sqft)Sold, May 2016: AED 1,237,510 (AED 1,362 per sqft)Sold, September 2023: AED 1,900,000 (AED 2,092 per sqft)

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

Rents
Unit 506, 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, March 2020: AED 83,000 a yearNew contract, July 2021: AED 78,000 a yearRenewal, July 2022: AED 81,900 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 506 sits

All 67 1-beds →

506 last sold in September 2023 at AED 2,092 per sqft, 9% above what one-beds in BLVD Crescent Tower 1 were fetching at the time (AED 1,926). 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. 506's AED 81,900 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 5th floor

All 246 units in BLVD Crescent Tower 1
Value
5013-bedAED 5.85M · Nov 2024
5023-bedAED 4.07M · Oct 2014
5032-bedAED 3.15M · Oct 2014
5041-bedAED 1.64M · Oct 2014
5051-bedAED 2.1M · Mar 2025
5072-bedAED 3.11M · Oct 2014

506, BLVD Crescent Tower 1 in numbers

  • Sold 3 times: first on 29 October 2014 for AED 1,546,888, last on 11 September 2023 for AED 1,900,000 (AED 2,092 per sqft).
  • Rented since March 2020 on 3 Ejari contracts, from AED 83,000 to AED 81,900 a year.
  • At AED 81,900 a year the gross yield on the 2023 price is 4.3%, 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 11 September 2023.

Questions about 506, BLVD Crescent Tower 1

What did unit 506 last sell for?

AED 1,900,000 on 11 September 2023: AED 2,092 per sqft for 908 sqft. The unit has 3 registered sales; the first was AED 1,546,888 in October 2014.

What is the rent for unit 506?

AED 81,900 a year on the contract renewed on 27 July 2022. The previous contract, from July 2021, was AED 78,000; the unit has been rented since March 2020.

How big is unit 506?

908 sqft (84.4 sqm): a one-bedroom apartment on the 5th floor of a 42-storey tower completed in 2018.

What is unit 506 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 506, BLVD Crescent Tower 1

Starts from the last sale price (AED 1.9M, 11 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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