Studio · 499 sqftThe Crescent A, Dubai Production City (IMPZ) · 16th floor · completed 2008

1603, The Crescent A

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 25 May 2026
Last soldAED 503K9 March 2010
Current rentAED 40K /yr25 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, The Crescent A

What is 1603 worth today?

Last sold for AED 503,240 in 2010

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 May 2026RentedRenewal
AED 40,200/yr4 months · AED 81 per sqft
25 May 2025RentedRenewal
AED 38,850/yr12 months · AED 78 per sqft
25 May 2025RentedRenewal
AED 38,850/yr12 months · AED 78 per sqft
25 May 2024RentedNew contract
AED 37,000/yr12 months · AED 74 per sqft
27 Oct 2022RentedRenewal
AED 20,400/yr12 months · AED 41 per sqft
27 Oct 2021RentedNew contract
AED 17,000/yr12 months · AED 34 per sqft
1 Feb 2021RentedNew contract
AED 17,000/yr12 months · AED 34 per sqft
1 Jan 2019RentedRenewal
AED 35,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 25 May 2026.

Key facts

Type
Studio apartment
Size
499 sqft
Floor
16th of 18
Parking
P-154
Developer
DAMAC
Completed
2008
Service charge
AED 7,200 /yr
Last sold
AED 503K · March 2010

About 1603, The Crescent A

1603 is a studio of 499 sqft on the 16th floor of The Crescent A, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. The developer sold it on 9 March 2010 for AED 503,240, or AED 1,008 per sqft, 38% above the AED 731 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 25 May 2026, is AED 40,200 a year: a gross yield of 8.0% on the 2010 price, before the service charge of about AED 7,200 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical studio in The Crescent A
200K400K2009201420192024Typical sale price by year: 2009 AED 365,000; 2010 AED 518,500; 2011 AED 365,000; 2012 AED 255,000; 2013 AED 365,000; 2014 AED 475,000; 2015 AED 465,000; 2016 AED 447,500; 2017 AED 444,000; 2018 AED 395,000; 2019 AED 280,000; 2020 AED 230,000; 2021 AED 219,000; 2022 AED 244,314; 2023 AED 295,000; 2024 AED 350,000; 2025 AED 400,000; 2026 AED 440,000Sold by developer, March 2010: AED 503,240 (AED 1,008 per sqft)

1603 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1603, each contractTypical studio in The Crescent A
20K40K20112015201920232027Typical rent by year: 2011 AED 21,000; 2012 AED 20,000; 2013 AED 25,000; 2014 AED 32,000; 2015 AED 40,000; 2016 AED 42,000; 2017 AED 40,000; 2018 AED 33,521; 2019 AED 28,000; 2020 AED 23,000; 2021 AED 20,000; 2022 AED 23,000; 2023 AED 26,000; 2024 AED 30,450; 2025 AED 35,750; 2026 AED 38,000New contract, October 2015: AED 44,000 a yearNew contract, December 2016: AED 40,000 a yearNew contract, January 2017: AED 38,000 a yearRenewal, January 2018: AED 38,000 a yearRenewal, January 2019: AED 35,000 a yearNew contract, February 2021: AED 17,000 a yearNew contract, October 2021: AED 17,000 a yearRenewal, October 2022: AED 20,400 a yearNew contract, May 2024: AED 37,000 a yearRenewal, May 2025: AED 38,850 a yearRenewal, May 2025: AED 38,850 a yearRenewal, May 2026: AED 40,200 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in The Crescent A, and where 1603 sits

All 213 studios →

1603 last sold in March 2010 at AED 1,008 per sqft, 38% above what studios in The Crescent A were fetching at the time (AED 731). Over the last 12 months studios sold for AED 370,000 to 510,000, around AED 867 per sqft, and rent for AED 18,000 to 65,000 a year. 1603's AED 40,200 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 2026460,000
8 Oct 2026410,000
7 Oct 2026395,000
1 Oct 2026445,000
28 studio sales in the last 12 months

The Crescent A

Building

285 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%
The Crescent A, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 16th floor

All 285 units in The Crescent A
Value
16012-bedAED 870K · Jan 2025
1602StudioAED 400K · Jul 2026
1604StudioAED 210K · Sep 2020
1605StudioAED 439K · Nov 2025
1606StudioAED 455K · Jan 2026
1607StudioAED 400K · Nov 2016
16082-bedAED 910K · Apr 2017
1–7 of 15

1603, The Crescent A in numbers

  • Sold once: by DAMAC on 9 March 2010 for AED 503,240, or AED 1,008 per sqft.
  • Rented since October 2015 on 12 Ejari contracts. The rent fell from AED 44,000 to AED 17,000 in 2021 and recovered to AED 40,200 by May 2026.
  • At AED 40,200 a year the gross yield on the 2010 price is 8.0%, before a service charge of about AED 7,200 a year (AED 14.38 per sqft).
  • Studios in The Crescent A sold for AED 370,000–510,000 in the 12 months to November 2026; the building's median across all types is AED 861 per sqft.

Source: Dubai Land Department. Updated 25 May 2026.

Questions about 1603, The Crescent A

What did unit 1603 last sell for?

AED 503,240 on 9 March 2010, sold by the developer: AED 1,008 per sqft for 499 sqft. It is the only registered sale of the unit.

What is the rent for unit 1603?

AED 40,200 a year on the contract renewed on 25 May 2026. The previous contract, from May 2025, was AED 38,850; the unit has been rented since October 2015.

How big is unit 1603?

499 sqft (46.4 sqm): a studio on the 16th floor of a 18-storey tower completed in 2008.

What is unit 1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Crescent A sold for AED 370,000 to 510,000 in the last 12 months, around AED 867 per sqft.

Selling 1603? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1603, The Crescent A

Starts from the last sale price (AED 503K, 9 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 503,240
Deposit, UAE resident (20%)
AED 100,648
Deposit, non-resident (40%)
AED 201,296
Monthly over 25 years at 3.7%
AED 2,059

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