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3-bed · 1,976 sqftBLVD Crescent Tower 1, Downtown Dubai · 7th floor · completed 2018

702, BLVD Crescent Tower 1

Sold prices and rental history: sold 3 times, last in February 2022, and rented once, from August 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 10 February 2022
Last soldAED 3.5M10 February 2022
Current rentAED 140K /yr15 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, BLVD Crescent Tower 1

What is 702 worth today?

Last sold for AED 3,500,000 in 2022

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10 Feb 2022SoldReady
AED 3,500,000AED 1,771 per sqft
15 Aug 2020RentedNew contract
AED 140,000/yr12 months · AED 71 per sqft
3 Apr 2017SoldOff-plan
AED 3,263,911AED 1,652 per sqft
27 Oct 2014Sold by developerOff-plan
AED 4,079,888AED 2,065 per sqft

Source: Dubai Land Department. Updated 10 February 2022.

Key facts

Type
3-bed apartment
Size
1,976 sqft
Floor
7th of 42
Parking
P3-52, P3-53
Developer
Emaar
Completed
2018
Service charge
AED 46,200 /yr
Last sold
AED 3.5M · February 2022
Building
BLVD Crescent Tower 1

About 702, BLVD Crescent Tower 1

702 is a three-bedroom apartment of 1,976 sqft on the 7th floor of BLVD Crescent Tower 1, a 42-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 10 February 2022 for AED 3,500,000, or AED 1,771 per sqft, in line with the AED 1,771 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2020. The current contract, signed on 15 August 2020, is AED 140,000 a year: a gross yield of 4.0% on the 2022 price, before the service charge of about AED 46,200 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical three-bed in BLVD Crescent Tower 1
3M4M5M2014201820222026Typical 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 4,079,888 (AED 2,065 per sqft)Sold, April 2017: AED 3,263,911 (AED 1,652 per sqft)Sold, February 2022: AED 3,500,000 (AED 1,771 per sqft)

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

Rents
Unit 702, 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 2020: AED 140,000 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 702 sits

All 101 3-beds →

702 last sold in February 2022 at AED 1,771 per sqft, in line with what three-beds in BLVD Crescent Tower 1 were fetching at the time (AED 1,771). 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. 702's AED 140,000 is at the bottom 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 7th floor

All 246 units in BLVD Crescent Tower 1
Value
7013-bedAED 5M · Jul 2024
7032-bedAED 3.58M · Oct 2023
7041-bedAED 1.3M · Jul 2018
7051-bedAED 1.72M · Oct 2014
7061-bedAED 1.55M · Oct 2014
7072-bedAED 3.3M · Aug 2023

702, BLVD Crescent Tower 1 in numbers

  • Sold 3 times: first on 27 October 2014 for AED 4,079,888, last on 10 February 2022 for AED 3,500,000 (AED 1,771 per sqft).
  • Rented since August 2020 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2022 price is 4.0%, before a service charge of about AED 46,200 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 10 February 2022.

Questions about 702, BLVD Crescent Tower 1

What did unit 702 last sell for?

AED 3,500,000 on 10 February 2022: AED 1,771 per sqft for 1,976 sqft. The unit has 3 registered sales; the first was AED 4,079,888 in October 2014.

What is the rent for unit 702?

AED 140,000 a year on the contract signed on 15 August 2020.

How big is unit 702?

1,976 sqft (183.6 sqm): a three-bedroom apartment on the 7th floor of a 42-storey tower completed in 2018.

What is unit 702 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 702, BLVD Crescent Tower 1

Starts from the last sale price (AED 3.5M, 10 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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