1-bed · 1,159 sqftBLVD Crescent Tower 2, Downtown Dubai · 7th floor · completed 2018

701, BLVD Crescent Tower 2

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

Unit 701 · DLD and Ejari recordsUpdated 23 January 2024
Last soldAED 2.55M23 January 2024
Current rentAED 120K /yr10 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, BLVD Crescent Tower 2

What is 701 worth today?

Last sold for AED 2,550,000 in 2024

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23 Jan 2024SoldReady
AED 2,550,000AED 2,200 per sqft
10 Nov 2022RentedRenewal
AED 120,000/yr12 months · AED 104 per sqft
10 Nov 2021RentedNew contract
AED 120,000/yr12 months · AED 103 per sqft
17 Oct 2020RentedRenewal
AED 110,000/yr12 months · AED 95 per sqft
17 Oct 2019RentedNew contract
AED 110,000/yr12 months · AED 95 per sqft
5 Nov 2014Sold by developerOff-plan
AED 2,333,888AED 2,013 per sqft

Source: Dubai Land Department. Updated 23 January 2024.

Key facts

Type
1-bed apartment
Size
1,159 sqft
Floor
7th of 20
Parking
P1-19
Developer
Emaar
Completed
2018
Service charge
AED 27,100 /yr
Last sold
AED 2.55M · January 2024

About 701, BLVD Crescent Tower 2

701 is a one-bedroom apartment of 1,159 sqft on the 7th floor of BLVD Crescent Tower 2, a 20-storey tower in Downtown Dubai completed in 2018 by Emaar. It last sold on 23 January 2024 for AED 2,550,000, or AED 2,200 per sqft, 9% above the AED 2,025 one-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 10 November 2022, is AED 120,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 27,100 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, November 2014: AED 2,333,888 (AED 2,013 per sqft)Sold, January 2024: AED 2,550,000 (AED 2,200 per sqft)

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

Rents
Unit 701, each contractTypical one-bed in BLVD Crescent Tower 2
100K125K150K20192021202320252027Typical 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, October 2019: AED 110,000 a yearRenewal, October 2020: AED 110,000 a yearNew contract, November 2021: AED 120,000 a yearRenewal, November 2022: AED 120,000 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 701 sits

All 36 1-beds →

701 last sold in January 2024 at AED 2,200 per sqft, 9% above what one-beds in BLVD Crescent Tower 2 were fetching at the time (AED 2,025). 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. 701's AED 120,000 is at the bottom 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 7th floor

All 74 units in BLVD Crescent Tower 2
Value
7022-bedAED 3.43M · Nov 2014
7032-bedAED 3.88M · Jul 2025
7041-bedAED 1.65M · Feb 2022

701, BLVD Crescent Tower 2 in numbers

  • Sold twice: first on 5 November 2014 for AED 2,333,888, last on 23 January 2024 for AED 2,550,000 (AED 2,200 per sqft).
  • Rented since October 2019 on 4 Ejari contracts, from AED 110,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 4.7%, 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 23 January 2024.

Questions about 701, BLVD Crescent Tower 2

What did unit 701 last sell for?

AED 2,550,000 on 23 January 2024: AED 2,200 per sqft for 1,159 sqft. The unit has 2 registered sales; the first was AED 2,333,888 in November 2014.

What is the rent for unit 701?

AED 120,000 a year on the contract renewed on 10 November 2022. The previous contract, from November 2021, was AED 120,000; the unit has been rented since October 2019.

How big is unit 701?

1,159 sqft (107.7 sqm): a one-bedroom apartment on the 7th floor of a 20-storey tower completed in 2018.

What is unit 701 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 701, BLVD Crescent Tower 2

Starts from the last sale price (AED 2.55M, 23 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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