2-bed · 1,542 sqftBLVD Crescent Tower 1, Downtown Dubai · 7th floor · completed 2018

707, BLVD Crescent Tower 1

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

Unit 707 · DLD and Ejari recordsUpdated 28 August 2023
Last soldAED 3.3M28 August 2023
Current rentAED 115K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, BLVD Crescent Tower 1

What is 707 worth today?

Last sold for AED 3,300,000 in 2023

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28 Aug 2023SoldReady
AED 3,300,000AED 2,140 per sqft
1 Nov 2022RentedRenewal
AED 115,333/yr11 months · AED 75 per sqft
1 Nov 2021RentedRenewal
AED 105,000/yr12 months · AED 68 per sqft
1 Nov 2020RentedRenewal
AED 105,000/yr12 months · AED 68 per sqft
1 Nov 2019RentedNew contract
AED 130,000/yr12 months · AED 84 per sqft
27 Oct 2014Sold by developerOff-plan
AED 3,123,888AED 2,025 per sqft

Source: Dubai Land Department. Updated 28 August 2023.

Key facts

Type
2-bed apartment
Size
1,542 sqft
Floor
7th of 42
Parking
P2-52
Developer
Emaar
Completed
2018
Service charge
AED 36,000 /yr
Last sold
AED 3.3M · August 2023

About 707, BLVD Crescent Tower 1

707 is a two-bedroom apartment of 1,542 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 28 August 2023 for AED 3,300,000, or AED 2,140 per sqft, 14% above the AED 1,876 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 115,333 a year: a gross yield of 3.5% on the 2023 price, before the service charge of about AED 36,000 a year.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical two-bed in BLVD Crescent Tower 1
2.5M3M3.5M2014201820222026Typical 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 3,123,888 (AED 2,025 per sqft)Sold, August 2023: AED 3,300,000 (AED 2,140 per sqft)

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

Rents
Unit 707, 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, November 2019: AED 130,000 a yearRenewal, November 2020: AED 105,000 a yearRenewal, November 2021: AED 105,000 a yearRenewal, November 2022: AED 115,333 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 707 sits

All 76 2-beds →

707 last sold in August 2023 at AED 2,140 per sqft, 14% above what two-beds in BLVD Crescent Tower 1 were fetching at the time (AED 1,876). 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. 707's AED 115,333 is in the lower 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
7032-bedAED 3.58M · Oct 2023
7041-bedAED 1.3M · Jul 2018
7051-bedAED 1.72M · Oct 2014
7061-bedAED 1.55M · Oct 2014

707, BLVD Crescent Tower 1 in numbers

  • Sold twice: first on 27 October 2014 for AED 3,123,888, last on 28 August 2023 for AED 3,300,000 (AED 2,140 per sqft).
  • Rented since November 2019 on 4 Ejari contracts, from AED 130,000 to AED 115,333 a year.
  • At AED 115,333 a year the gross yield on the 2023 price is 3.5%, before a service charge of about AED 36,000 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 28 August 2023.

Questions about 707, BLVD Crescent Tower 1

What did unit 707 last sell for?

AED 3,300,000 on 28 August 2023: AED 2,140 per sqft for 1,542 sqft. The unit has 2 registered sales; the first was AED 3,123,888 in October 2014.

What is the rent for unit 707?

AED 115,333 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 105,000; the unit has been rented since November 2019.

How big is unit 707?

1,542 sqft (143.3 sqm): a two-bedroom apartment on the 7th floor of a 42-storey tower completed in 2018.

What is unit 707 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.

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Mortgage on 707, BLVD Crescent Tower 1

Starts from the last sale price (AED 3.3M, 28 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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