1-bed · 1,159 sqftBLVD Crescent Tower 2, Downtown Dubai · 5th floor · completed 2018

501, BLVD Crescent Tower 2

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

Unit 501 · DLD and Ejari recordsUpdated 29 November 2024
Last soldAED 2.43M11 September 2024
Current rentAED 155K /yr29 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, BLVD Crescent Tower 2

What is 501 worth today?

Last sold for AED 2,425,000 in 2024

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29 Nov 2024RentedNew contract
AED 155,000/yr12 months · AED 133 per sqft
11 Sep 2024SoldReady
AED 2,425,000AED 2,092 per sqft
23 Nov 2023RentedRenewal
AED 120,000/yr12 months · AED 103 per sqft
23 Nov 2022RentedNew contract
AED 120,000/yr12 months · AED 103 per sqft
28 Jun 2021RentedRenewal
AED 41,667/yr12 months · AED 36 per sqft
28 Jun 2020RentedRenewal
AED 100,000/yr12 months · AED 87 per sqft
28 Jun 2019RentedNew contract
AED 105,000/yr12 months · AED 90 per sqft
29 Oct 2014Sold by developerOff-plan
AED 2,326,888AED 2,007 per sqft

Source: Dubai Land Department. Updated 29 November 2024.

Key facts

Type
1-bed apartment
Size
1,159 sqft
Floor
5th of 20
Parking
P1-11
Developer
Emaar
Completed
2018
Service charge
AED 27,100 /yr
Last sold
AED 2.43M · September 2024

About 501, BLVD Crescent Tower 2

501 is a one-bedroom apartment of 1,159 sqft on the 5th floor of BLVD Crescent Tower 2, a 20-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 11 September 2024 for AED 2,425,000, or AED 2,092 per sqft, 4% below the AED 2,183 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 29 November 2024, is AED 155,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 27,100 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in BLVD Crescent Tower 2
2M2.5M2014201820222026Typical sale price by year: 2014 AED 2,323,888; 2015 AED 2,308,888; 2019 AED 1,825,000; 2020 AED 2,399,388; 2021 AED 1,800,000; 2022 AED 1,800,000; 2023 AED 2,325,000; 2024 AED 2,652,500; 2026 AED 2,500,000Sold by developer, October 2014: AED 2,326,888 (AED 2,007 per sqft)Sold, September 2024: AED 2,425,000 (AED 2,092 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in BLVD Crescent Tower 2
100K20192021202320252027Typical rent by year: 2019 AED 105,000; 2020 AED 94,500; 2021 AED 94,000; 2022 AED 120,000; 2023 AED 127,500; 2024 AED 140,000; 2025 AED 145,000; 2026 AED 132,000New contract, June 2019: AED 105,000 a yearRenewal, June 2020: AED 100,000 a yearRenewal, June 2021: AED 41,667 a yearNew contract, November 2022: AED 120,000 a yearRenewal, November 2023: AED 120,000 a yearNew contract, November 2024: AED 155,000 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 2, and where 501 sits

All 36 1-beds →

501 last sold in September 2024 at AED 2,092 per sqft, 4% below what one-beds in BLVD Crescent Tower 2 were fetching at the time (AED 2,183). Over the last 12 months one-beds sold for AED 2,400,000 to 2,900,000, around AED 2,178 per sqft, and rent for AED 120,000 to 195,000 a year. 501's AED 155,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20262,500,000
4 Sep 20262,550,000
6 Jul 20262,400,000
18 Dec 20252,900,000
4 1-bed sales 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 5th floor

All 74 units in BLVD Crescent Tower 2
Value
5022-bedAED 3.42M · Nov 2014
5032-bedAED 3.28M · Feb 2015
5041-bedAED 2.66M · Nov 2024

501, BLVD Crescent Tower 2 in numbers

  • Sold twice: first on 29 October 2014 for AED 2,326,888, last on 11 September 2024 for AED 2,425,000 (AED 2,092 per sqft).
  • Rented since June 2019 on 6 Ejari contracts. The rent fell from AED 105,000 to AED 41,667 in 2021 and recovered to AED 155,000 by November 2024.
  • At AED 155,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 27,100 a year (AED 23.37 per sqft).
  • One-beds in BLVD Crescent Tower 2 sold for AED 2,400,000–2,900,000 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 29 November 2024.

Questions about 501, BLVD Crescent Tower 2

What did unit 501 last sell for?

AED 2,425,000 on 11 September 2024: AED 2,092 per sqft for 1,159 sqft. The unit has 2 registered sales; the first was AED 2,326,888 in October 2014.

What is the rent for unit 501?

AED 155,000 a year on the contract signed on 29 November 2024. The previous contract, from November 2023, was AED 120,000; the unit has been rented since June 2019.

How big is unit 501?

1,159 sqft (107.7 sqm): a one-bedroom apartment on the 5th floor of a 20-storey tower completed in 2018.

What is unit 501 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 2 sold for AED 2,400,000 to 2,900,000 in the last 12 months, around AED 2,178 per sqft.

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Mortgage on 501, BLVD Crescent Tower 2

Starts from the last sale price (AED 2.43M, 11 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,425,000
Deposit, UAE resident (20%)
AED 485,000
Deposit, non-resident (40%)
AED 970,000
Monthly over 25 years at 3.7%
AED 9,921

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