1516, The Crescent A
Sold prices and rental history: sold once, by the developer in July 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1516, The Crescent A
What is 1516 worth today?
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Source: Dubai Land Department. Updated 8 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,324 sqft
- Floor
- 15th of 18
- Parking
- nan
- Developer
- DAMAC
- Completed
- 2008
- Service charge
- AED 19,000 /yr
- Last sold
- AED 1.28M · July 2011
- Building
- The Crescent A
About 1516, The Crescent A
1516 is a two-bedroom apartment of 1,324 sqft on the 15th floor of The Crescent A, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. The developer sold it on 21 July 2011 for AED 1,276,000, or AED 963 per sqft, in line with the AED 984 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 8 March 2026, is AED 75,000 a year: a gross yield of 5.9% on the 2011 price, before the service charge of about AED 19,000 a year.
Sales and rents for 1516 over time
1516 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Crescent A, and where 1516 sits
All 50 2-beds →1516 last sold in July 2011 at AED 963 per sqft, in line with what two-beds in The Crescent A were fetching at the time (AED 984). Over the last 12 months two-beds sold for AED 857,604 to 990,000, around AED 694 per sqft, and rent for AED 50,000 to 100,000 a year. 1516's AED 75,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Jun 202611 June 2026 | 1,312 sqft | 857,604 | 653 | ||
| 10 Dec 202510 December 2025 | 1,287 sqft | 990,000 | 769 | ||
| 14 Nov 202514 November 2025 | 1,324 sqft | 920,000 | 694 | ||
| 31 Oct 202531 October 2025 | 1,313 sqft | 905,000 | 689 |
The Crescent A
Building285 apartments, studios to 2-bed over 18 floors in Dubai Production City (IMPZ), completed in 2008 by DAMAC. 32 sold in the last 12 months.
- Typical price per sqft
- AED 861 Up 15.5%
- Typical sale
- AED 443K
- Typical rent
- AED 40K /yr
- Typical yield
- 8.4%
Other units on the 15th floor
All 285 units in The Crescent A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,312 sqft | AED 780KAED 780,000 · Nov 2024November 2024 | 49,000 /yr | |
| 1502 | Studio | 504 sqft | AED 270KAED 270,000 · Feb 2013February 2013 | 20,000 /yr | |
| 1503 | Studio | 499 sqft | AED 425KAED 425,000 · Nov 2024November 2024 | 38,000 /yr | |
| 1504 | Studio | 499 sqft | AED 444KAED 444,000 · Feb 2017February 2017 | 29,200 /yr | |
| 1505 | Studio | 499 sqft | AED 400KAED 400,000 · Feb 2018February 2018 | ||
| 1506 | Studio | 499 sqft | AED 290KAED 290,000 · Oct 2019October 2019 | 47,500 /yr | |
| 1507 | Studio | 496 sqft | AED 400KAED 400,000 · May 2025May 2025 | 28,750 /yr | |
| 1508 | 2-bed | 1,328 sqft | AED 825KAED 825,000 · Apr 2024April 2024 | 70,000 /yr | |
| 1509 | 2-bed | 1,328 sqft | AED 600KAED 600,000 · Jan 2023January 2023 | 49,500 /yr | |
| 1510 | Studio | 496 sqft | AED 455KAED 455,000 · Jan 2026January 2026 | 47,000 /yr | |
| 1511 | Studio | 499 sqft | AED 490KAED 490,000 · Feb 2017February 2017 | 36,000 /yr | |
| 1512 | Studio | 499 sqft | AED 380KAED 380,000 · Sep 2024September 2024 | 44,000 /yr | |
| 1513 | Studio | 499 sqft | AED 541KAED 541,000 · Nov 2009November 2009 | 33,000 /yr | |
| 1514 | Studio | 499 sqft | AED 370KAED 370,000 · Dec 2024December 2024 | 40,000 /yr | |
| 1515 | Studio | 501 sqft | AED 400KAED 400,000 · Aug 2024August 2024 | 38,000 /yr |
1516, The Crescent A in numbers
- Sold once: by DAMAC on 21 July 2011 for AED 1,276,000, or AED 963 per sqft.
- Rented since August 2017 on 10 Ejari contracts. The rent fell from AED 73,000 to AED 44,000 in 2022 and recovered to AED 75,000 by March 2026.
- At AED 75,000 a year the gross yield on the 2011 price is 5.9%, before a service charge of about AED 19,000 a year (AED 14.38 per sqft).
- Two-beds in The Crescent A sold for AED 857,604–990,000 in the 12 months to November 2026; the building's median across all types is AED 861 per sqft.
Source: Dubai Land Department. Updated 8 March 2026.
Questions about 1516, The Crescent A
What did unit 1516 last sell for?
AED 1,276,000 on 21 July 2011, sold by the developer: AED 963 per sqft for 1,324 sqft. It is the only registered sale of the unit.
What is the rent for unit 1516?
AED 75,000 a year on the contract renewed on 8 March 2026. The previous contract, from March 2025, was AED 75,000; the unit has been rented since August 2017.
How big is unit 1516?
1,324 sqft (123.0 sqm): a two-bedroom apartment on the 15th floor of a 18-storey tower completed in 2008.
What is unit 1516 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Crescent A sold for AED 857,604 to 990,000 in the last 12 months, around AED 694 per sqft.
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Mortgage on 1516, The Crescent A
Starts from the last sale price (AED 1.28M, 21 July 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,276,000
- Deposit, UAE resident (20%)
- AED 255,200
- Deposit, non-resident (40%)
- AED 510,400
- Monthly over 25 years at 3.7%
- AED 5,221
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →