516, The Crescent A
Sold prices and rental history: sold 4 times, last in March 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, The Crescent A
What is 516 worth today?
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Source: Dubai Land Department. Updated 1 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,324 sqft
- Floor
- 5th of 18
- Parking
- P3-173
- Developer
- DAMAC
- Completed
- 2008
- Service charge
- AED 19,000 /yr
- Last sold
- AED 750K · March 2024
- Building
- The Crescent A
About 516, The Crescent A
516 is a two-bedroom apartment of 1,324 sqft on the 5th floor of The Crescent A, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. It last sold on 1 March 2024 for AED 750,000, or AED 566 per sqft, 9% above the AED 521 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 1 November 2022, is AED 52,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 19,000 a year.
Sales and rents for 516 over time
516 has sold 4 times; 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 516 sits
All 50 2-beds →516 last sold in March 2024 at AED 566 per sqft, 9% above what two-beds in The Crescent A were fetching at the time (AED 521). 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. 516's AED 52,000 is in the lower 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 5th floor
All 285 units in The Crescent A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,313 sqft | AED 905KAED 905,000 · Oct 2025October 2025 | 85,000 /yr | |
| 502 | Studio | 504 sqft | AED 365KAED 365,000 · Nov 2009November 2009 | 29,400 /yr | |
| 503 | Studio | 499 sqft | AED 250KAED 250,000 · Oct 2022October 2022 | 54,000 /yr | |
| 504 | Studio | 499 sqft | AED 465KAED 465,000 · Jun 2025June 2025 | 43,800 /yr | |
| 505 | Studio | 499 sqft | AED 295KAED 295,000 · Mar 2013March 2013 | 42,000 /yr | |
| 506 | Studio | 499 sqft | AED 235KAED 235,000 · Dec 2022December 2022 | 32,000 /yr | |
| 507 | Studio | 496 sqft | AED 298KAED 298,000 · Mar 2013March 2013 | 40,000 /yr | |
| 508 | 1-bed | 1,182 sqft | AED 450KAED 450,000 · Jun 2022June 2022 | 41,000 /yr | |
| 509 | 1-bed | 1,177 sqft | AED 630KAED 630,000 · Jul 2024July 2024 | 50,000 /yr | |
| 510 | Studio | 496 sqft | AED 380KAED 380,000 · Jul 2025July 2025 | 26,000 /yr | |
| 511 | Studio | 499 sqft | AED 365KAED 365,000 · Feb 2010February 2010 | ||
| 512 | Studio | 499 sqft | AED 443KAED 443,000 · Jul 2015July 2015 | 35,000 /yr | |
| 513 | Studio | 499 sqft | AED 365KAED 365,000 · Nov 2009November 2009 | 30,240 /yr | |
| 514 | Studio | 499 sqft | AED 365KAED 365,000 · Nov 2009November 2009 | 35,000 /yr | |
| 515 | Studio | 501 sqft | AED 365KAED 365,000 · Nov 2009November 2009 | 31,000 /yr |
516, The Crescent A in numbers
- Sold 4 times: first on 21 July 2011 for AED 910,000, last on 1 March 2024 for AED 750,000 (AED 566 per sqft).
- Rented since May 2016 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 42,000 in 2021 and recovered to AED 52,000 by November 2022.
- At AED 52,000 a year the gross yield on the 2024 price is 6.9%, 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 1 March 2024.
Questions about 516, The Crescent A
What did unit 516 last sell for?
AED 750,000 on 1 March 2024: AED 566 per sqft for 1,324 sqft. The unit has 4 registered sales; the first was AED 910,000 in July 2011.
What is the rent for unit 516?
AED 52,000 a year on the contract signed on 1 November 2022. The previous contract, from October 2021, was AED 42,000; the unit has been rented since May 2016.
How big is unit 516?
1,324 sqft (123.0 sqm): a two-bedroom apartment on the 5th floor of a 18-storey tower completed in 2008.
What is unit 516 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 516, The Crescent A
Starts from the last sale price (AED 750K, 1 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →