Studio · 501 sqftThe Crescent B, Dubai Production City (IMPZ) · 10th floor · completed 2008

1002, The Crescent B

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 10 November 2024
Last soldAED 400K23 October 2023
Current rentAED 40K /yr10 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, The Crescent B

What is 1002 worth today?

Last sold for AED 400,000 in 2023

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10 Nov 2024RentedRenewal
AED 40,000/yr12 months · AED 79 per sqft
10 Nov 2023RentedNew contract
AED 40,000/yr12 months · AED 79 per sqft
23 Oct 2023SoldReady
AED 400,000AED 798 per sqft
13 Mar 2023SoldReady
AED 264,000AED 526 per sqft
15 Feb 2021RentedNew contract
AED 17,000/yr12 months · AED 34 per sqft
1 Jun 2020RentedRenewal
AED 21,000/yr12 months · AED 42 per sqft
1 Jun 2019RentedRenewal
AED 28,000/yr12 months · AED 55 per sqft
1 Jun 2018RentedNew contract
AED 33,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 10 November 2024.

Key facts

Type
Studio apartment
Size
501 sqft
Floor
10th of 18
Parking
nan
Developer
DAMAC
Completed
2008
Service charge
AED 7,200 /yr
Last sold
AED 400K · October 2023

About 1002, The Crescent B

1002 is a studio of 501 sqft on the 10th floor of The Crescent B, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. It last sold on 23 October 2023 for AED 400,000, or AED 798 per sqft, 44% above the AED 554 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 10 November 2024, is AED 40,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 7,200 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical studio in The Crescent B
200K400K2009201420192024Typical sale price by year: 2009 AED 486,000; 2010 AED 530,000; 2011 AED 474,000; 2012 AED 325,000; 2013 AED 420,000; 2014 AED 455,000; 2015 AED 440,000; 2016 AED 440,000; 2017 AED 440,000; 2018 AED 377,500; 2019 AED 275,000; 2020 AED 250,000; 2021 AED 235,000; 2022 AED 235,000; 2023 AED 282,500; 2024 AED 342,500; 2025 AED 411,326; 2026 AED 421,000Sold by developer, October 2013: AED 513,000 (AED 1,024 per sqft)Sold, March 2023: AED 264,000 (AED 526 per sqft)Sold, October 2023: AED 400,000 (AED 798 per sqft)

1002 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1002, each contractTypical studio in The Crescent B
20K40K2012201620202024Typical rent by year: 2012 AED 21,000; 2013 AED 25,000; 2014 AED 33,500; 2015 AED 40,000; 2016 AED 42,000; 2017 AED 38,405; 2018 AED 33,000; 2019 AED 27,000; 2020 AED 21,000; 2021 AED 19,426; 2022 AED 22,425; 2023 AED 26,400; 2024 AED 32,000; 2025 AED 37,000; 2026 AED 38,000New contract, June 2018: AED 33,000 a yearRenewal, June 2019: AED 28,000 a yearRenewal, June 2020: AED 21,000 a yearNew contract, February 2021: AED 17,000 a yearNew contract, November 2023: AED 40,000 a yearRenewal, November 2024: AED 40,000 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 B, and where 1002 sits

All 203 studios →

1002 last sold in October 2023 at AED 798 per sqft, 44% above what studios in The Crescent B were fetching at the time (AED 554). Over the last 12 months studios sold for AED 374,700 to 495,000, around AED 846 per sqft, and rent for AED 20,000 to 75,202 a year. 1002's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2026400,000
4 Nov 2026401,800
14 Oct 2026410,000
9 Oct 2026406,600
24 studio sales in the last 12 months

The Crescent B

Building

271 apartments, studios to 2-bed over 18 floors in Dubai Production City (IMPZ), completed in 2008 by DAMAC. 31 sold in the last 12 months.

Typical price per sqft
AED 826 Up 5.4%
Typical sale
AED 438K
Typical rent
AED 40K /yr
Typical yield
9.2%
The Crescent B, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 10th floor

All 271 units in The Crescent B
Value
10012-bedAED 1.25M · Apr 2012
1003StudioAED 513K · Oct 2013
1004StudioAED 513K · Mar 2010
1005StudioAED 588K · Nov 2009
1006StudioAED 405K · Feb 2025
1007StudioAED 240K · Jul 2021
10082-bedAED 500K · May 2015
1–7 of 15

1002, The Crescent B in numbers

  • Sold 3 times: first on 1 October 2013 for AED 513,000, last on 23 October 2023 for AED 400,000 (AED 798 per sqft).
  • Rented since June 2018 on 6 Ejari contracts. The rent fell from AED 33,000 to AED 17,000 in 2021 and recovered to AED 40,000 by November 2024.
  • At AED 40,000 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 7,200 a year (AED 14.38 per sqft).
  • Studios in The Crescent B sold for AED 374,700–495,000 in the 12 months to November 2026; the building's median across all types is AED 826 per sqft.

Source: Dubai Land Department. Updated 10 November 2024.

Questions about 1002, The Crescent B

What did unit 1002 last sell for?

AED 400,000 on 23 October 2023: AED 798 per sqft for 501 sqft. The unit has 3 registered sales; the first was AED 513,000 in October 2013.

What is the rent for unit 1002?

AED 40,000 a year on the contract renewed on 10 November 2024. The previous contract, from November 2023, was AED 40,000; the unit has been rented since June 2018.

How big is unit 1002?

501 sqft (46.5 sqm): a studio on the 10th floor of a 18-storey tower completed in 2008.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Crescent B sold for AED 374,700 to 495,000 in the last 12 months, around AED 846 per sqft.

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Mortgage on 1002, The Crescent B

Starts from the last sale price (AED 400K, 23 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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