2-bed · 1,671 sqftBLVD Crescent Tower 2, Downtown Dubai · 12th floor · completed 2018

1203, BLVD Crescent Tower 2

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

Unit 1203 · DLD and Ejari recordsUpdated 2 May 2024
Last soldAED 3.4M2 May 2024
Current rentAED 145K /yr7 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, BLVD Crescent Tower 2

What is 1203 worth today?

Last sold for AED 3,400,000 in 2024

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2 May 2024SoldReady
AED 3,400,000AED 2,034 per sqft
7 Nov 2023RentedRenewal
AED 145,000/yr12 months · AED 87 per sqft
7 Nov 2022RentedRenewal
AED 145,000/yr12 months · AED 87 per sqft
7 Nov 2021RentedNew contract
AED 145,000/yr12 months · AED 87 per sqft
5 Jul 2020RentedRenewal
AED 115,000/yr12 months · AED 69 per sqft
5 Jul 2019RentedNew contract
AED 125,000/yr12 months · AED 75 per sqft
19 Oct 2015Sold by developerOff-plan
AED 3,312,888AED 1,982 per sqft

Source: Dubai Land Department. Updated 2 May 2024.

Key facts

Type
2-bed apartment
Size
1,671 sqft
Floor
12th of 20
Parking
B-06
Developer
Emaar
Completed
2018
Service charge
AED 39,100 /yr
Last sold
AED 3.4M · May 2024

About 1203, BLVD Crescent Tower 2

1203 is a two-bedroom apartment of 1,671 sqft on the 12th floor of BLVD Crescent Tower 2, a 20-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 2 May 2024 for AED 3,400,000, or AED 2,034 per sqft, in line with the AED 2,004 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 7 November 2023, is AED 145,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 39,100 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical two-bed in BLVD Crescent Tower 2
3.2M3.4M2014201720202023Typical sale price by year: 2014 AED 3,407,888; 2015 AED 3,312,888; 2019 AED 3,330,888; 2023 AED 3,187,500; 2024 AED 3,485,000Sold by developer, October 2015: AED 3,312,888 (AED 1,982 per sqft)Sold, May 2024: AED 3,400,000 (AED 2,034 per sqft)

1203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, each contractTypical two-bed in BLVD Crescent Tower 2
100K150K200K20192021202320252027Typical rent by year: 2019 AED 130,000; 2020 AED 116,500; 2021 AED 125,000; 2022 AED 147,500; 2023 AED 180,000; 2024 AED 197,500; 2025 AED 200,000; 2026 AED 190,000New contract, July 2019: AED 125,000 a yearRenewal, July 2020: AED 115,000 a yearNew contract, November 2021: AED 145,000 a yearRenewal, November 2022: AED 145,000 a yearRenewal, November 2023: AED 145,000 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 2, and where 1203 sits

All 34 2-beds →

1203 last sold in May 2024 at AED 2,034 per sqft, in line with what two-beds in BLVD Crescent Tower 2 were fetching at the time (AED 2,004). Over the last 12 months two-beds sold for AED 4,000,000, around AED 2,393 per sqft, and rent for AED 105,000 to 275,000 a year. 1203's AED 145,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Feb 20264,000,000
15 Jul 20253,875,000
24 Mar 20254,200,000
16 Oct 20243,950,000
1 2-bed sale in the last 12 months

BLVD Crescent Tower 2

Building

74 apartments, 1-bed to 3-bed over 20 floors in Downtown Dubai, completed in 2018 by Emaar. 5 sold in the last 12 months.

Typical price per sqft
AED 2,200
Typical sale
AED 2.55M
Typical rent
AED 165K /yr
Typical yield
5.3%
BLVD Crescent Tower 2, Downtown Dubai: prices, sales and rents →

Other units on the 12th floor

All 74 units in BLVD Crescent Tower 2
Value
12011-bedAED 2.35M · Apr 2015
12022-bedAED 3.46M · Aug 2015
12041-bedAED 1.67M · Jul 2017

1203, BLVD Crescent Tower 2 in numbers

  • Sold twice: first on 19 October 2015 for AED 3,312,888, last on 2 May 2024 for AED 3,400,000 (AED 2,034 per sqft).
  • Rented since July 2019 on 5 Ejari contracts, from AED 125,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 39,100 a year (AED 23.37 per sqft).
  • Two-beds in BLVD Crescent Tower 2 sold for AED 4,000,000–4,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,200 per sqft.

Source: Dubai Land Department. Updated 2 May 2024.

Questions about 1203, BLVD Crescent Tower 2

What did unit 1203 last sell for?

AED 3,400,000 on 2 May 2024: AED 2,034 per sqft for 1,671 sqft. The unit has 2 registered sales; the first was AED 3,312,888 in October 2015.

What is the rent for unit 1203?

AED 145,000 a year on the contract renewed on 7 November 2023. The previous contract, from November 2022, was AED 145,000; the unit has been rented since July 2019.

How big is unit 1203?

1,671 sqft (155.2 sqm): a two-bedroom apartment on the 12th floor of a 20-storey tower completed in 2018.

What is unit 1203 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 2 sold for AED 4,000,000 to 4,000,000 in the last 12 months, around AED 2,393 per sqft.

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Mortgage on 1203, BLVD Crescent Tower 2

Starts from the last sale price (AED 3.4M, 2 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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