2-bed · 1,632 sqftBLVD Crescent Tower 1, Downtown Dubai · 7th floor · completed 2018

703, BLVD Crescent Tower 1

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 26 October 2023
Last soldAED 3.58M26 October 2023
Current rentAED 180K /yr25 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, BLVD Crescent Tower 1

What is 703 worth today?

Last sold for AED 3,575,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Oct 2023SoldReady
AED 3,575,000AED 2,190 per sqft
25 Aug 2022RentedNew contract
AED 180,000/yr12 months · AED 110 per sqft
6 Oct 2021RentedRenewal
AED 115,000/yr12 months · AED 71 per sqft
6 Oct 2020RentedRenewal
AED 110,000/yr12 months · AED 68 per sqft
6 Oct 2019RentedNew contract
AED 125,000/yr12 months · AED 76 per sqft
26 Oct 2014Sold by developerOff-plan
AED 3,163,888AED 1,938 per sqft

Source: Dubai Land Department. Updated 26 October 2023.

Key facts

Type
2-bed apartment
Size
1,632 sqft
Floor
7th of 42
Parking
P2-51
Developer
Emaar
Completed
2018
Service charge
AED 38,100 /yr
Last sold
AED 3.58M · October 2023

About 703, BLVD Crescent Tower 1

703 is a two-bedroom apartment of 1,632 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 26 October 2023 for AED 3,575,000, or AED 2,190 per sqft, 10% above the AED 1,982 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 25 August 2022, is AED 180,000 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 38,100 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in BLVD Crescent Tower 1
3M2014201820222026Typical sale price by year: 2014 AED 3,126,388; 2015 AED 3,197,388; 2017 AED 2,546,323; 2019 AED 3,266,888; 2020 AED 2,651,944; 2021 AED 2,400,000; 2022 AED 2,882,500; 2023 AED 2,990,000; 2024 AED 3,350,000; 2025 AED 3,355,000; 2026 AED 3,290,000Sold by developer, October 2014: AED 3,163,888 (AED 1,938 per sqft)Sold, October 2023: AED 3,575,000 (AED 2,190 per sqft)

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

Rents
Unit 703, each contractTypical two-bed in BLVD Crescent Tower 1
100K150K20192021202320252027Typical rent by year: 2019 AED 125,000; 2020 AED 114,996; 2021 AED 115,500; 2022 AED 130,000; 2023 AED 150,000; 2024 AED 170,000; 2025 AED 182,500; 2026 AED 182,500New contract, October 2019: AED 125,000 a yearRenewal, October 2020: AED 110,000 a yearRenewal, October 2021: AED 115,000 a yearNew contract, August 2022: AED 180,000 a year

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

2-beds in BLVD Crescent Tower 1, and where 703 sits

All 76 2-beds →

703 last sold in October 2023 at AED 2,190 per sqft, 10% above what two-beds in BLVD Crescent Tower 1 were fetching at the time (AED 1,982). Over the last 12 months two-beds sold for AED 3,140,000 to 3,500,000, around AED 2,245 per sqft, and rent for AED 48,000 to 235,000 a year. 703's AED 180,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20263,500,000
20 Aug 20263,200,000
10 Jul 20263,140,000
6 Mar 20263,380,000
4 2-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
7023-bedAED 3.5M · Feb 2022
7041-bedAED 1.3M · Jul 2018
7051-bedAED 1.72M · Oct 2014
7061-bedAED 1.55M · Oct 2014
7072-bedAED 3.3M · Aug 2023

703, BLVD Crescent Tower 1 in numbers

  • Sold twice: first on 26 October 2014 for AED 3,163,888, last on 26 October 2023 for AED 3,575,000 (AED 2,190 per sqft).
  • Rented since October 2019 on 4 Ejari contracts. The rent fell from AED 125,000 to AED 110,000 in 2020 and recovered to AED 180,000 by August 2022.
  • At AED 180,000 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 38,100 a year (AED 23.37 per sqft).
  • Two-beds in BLVD Crescent Tower 1 sold for AED 3,140,000–3,500,000 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 26 October 2023.

Questions about 703, BLVD Crescent Tower 1

What did unit 703 last sell for?

AED 3,575,000 on 26 October 2023: AED 2,190 per sqft for 1,632 sqft. The unit has 2 registered sales; the first was AED 3,163,888 in October 2014.

What is the rent for unit 703?

AED 180,000 a year on the contract signed on 25 August 2022. The previous contract, from October 2021, was AED 115,000; the unit has been rented since October 2019.

How big is unit 703?

1,632 sqft (151.6 sqm): a two-bedroom apartment on the 7th floor of a 42-storey tower completed in 2018.

What is unit 703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in BLVD Crescent Tower 1 sold for AED 3,140,000 to 3,500,000 in the last 12 months, around AED 2,245 per sqft.

Selling 703? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 703, BLVD Crescent Tower 1

Starts from the last sale price (AED 3.58M, 26 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,575,000
Deposit, UAE resident (20%)
AED 715,000
Deposit, non-resident (40%)
AED 1,430,000
Monthly over 25 years at 3.7%
AED 14,626

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