Home
Dubai prices
About
Research
2-bed · 1,278 sqftThe Crescent B, Dubai Production City (IMPZ) · 10th floor · completed 2008

1008, The Crescent B

Sold prices and rental history: sold 3 times, last in May 2015, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 20 February 2016
Last soldAED 500K31 May 2015
Current rentAED 50K /yr20 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1008

Property timeline for 1008, The Crescent B

What is 1008 worth today?

Last sold for AED 500,000 in 2015

Unlock today's estimate, updated daily, with

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

20 Feb 2016RentedNew contract
AED 50,400/yr12 months · AED 39 per sqft
31 May 2015SoldReady
AED 500,000AED 391 per sqft
20 Feb 2015RentedNew contract
AED 42,000/yr12 months · AED 33 per sqft
20 Feb 2014RentedNew contract
AED 42,000/yr12 months · AED 33 per sqft
30 Jan 2014SoldReady
AED 830,700AED 650 per sqft
30 Jan 2011Sold by developerReady
AED 1,165,000AED 911 per sqft

Source: Dubai Land Department. Updated 20 February 2016.

Key facts

Type
2-bed apartment
Size
1,278 sqft
Floor
10th of 18
Parking
nan
Developer
DAMAC
Completed
2008
Service charge
AED 18,400 /yr
Last sold
AED 500K · May 2015
Building
The Crescent B

About 1008, The Crescent B

1008 is a two-bedroom apartment of 1,278 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 31 May 2015 for AED 500,000, or AED 391 per sqft, 50% below the AED 782 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 20 February 2016, is AED 50,400 a year: a gross yield of 10.1% on the 2015 price, before the service charge of about AED 18,400 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical two-bed in The Crescent B
500K1M2009201420192024Typical sale price by year: 2009 AED 1,173,000; 2010 AED 1,174,380; 2011 AED 1,249,000; 2012 AED 833,860; 2013 AED 900,000; 2014 AED 830,700; 2015 AED 900,000; 2016 AED 825,000; 2017 AED 855,000; 2018 AED 680,000; 2019 AED 537,500; 2020 AED 550,000; 2021 AED 550,000; 2022 AED 575,000; 2023 AED 660,000; 2024 AED 790,000; 2025 AED 890,000; 2026 AED 950,000Sold by developer, January 2011: AED 1,165,000 (AED 911 per sqft)Sold, January 2014: AED 830,700 (AED 650 per sqft)Sold, May 2015: AED 500,000 (AED 391 per sqft)

1008 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1008, each contractTypical two-bed in The Crescent B
40K60K80K2012201620202024Typical rent by year: 2012 AED 39,000; 2013 AED 50,000; 2014 AED 59,400; 2015 AED 72,000; 2016 AED 80,000; 2017 AED 74,599; 2018 AED 67,000; 2019 AED 54,500; 2020 AED 43,584; 2021 AED 40,000; 2022 AED 46,000; 2023 AED 52,650; 2024 AED 63,000; 2025 AED 73,000; 2026 AED 73,500New contract, February 2014: AED 42,000 a yearNew contract, February 2015: AED 42,000 a yearNew contract, February 2016: AED 50,400 a year

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 B, and where 1008 sits

All 66 2-beds →

1008 last sold in May 2015 at AED 391 per sqft, 50% below what two-beds in The Crescent B were fetching at the time (AED 782). Over the last 12 months two-beds sold for AED 875,000 to 1,000,000, around AED 735 per sqft, and rent for AED 50,000 to 90,000 a year. 1008's AED 50,400 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Jun 20261,000,000
20 May 2026900,000
25 Mar 2026950,000
26 Feb 2026940,000
7 2-bed 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
1002StudioAED 400K · Oct 2023
1003StudioAED 513K · Oct 2013
1004StudioAED 513K · Mar 2010
1005StudioAED 588K · Nov 2009
1006StudioAED 405K · Feb 2025
1007StudioAED 240K · Jul 2021
1–7 of 15

1008, The Crescent B in numbers

  • Sold 3 times: first on 30 January 2011 for AED 1,165,000, last on 31 May 2015 for AED 500,000 (AED 391 per sqft).
  • Rented since February 2014 on 3 Ejari contracts, from AED 42,000 to AED 50,400 a year.
  • At AED 50,400 a year the gross yield on the 2015 price is 10.1%, before a service charge of about AED 18,400 a year (AED 14.38 per sqft).
  • Two-beds in The Crescent B sold for AED 875,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 826 per sqft.

Source: Dubai Land Department. Updated 20 February 2016.

Questions about 1008, The Crescent B

What did unit 1008 last sell for?

AED 500,000 on 31 May 2015: AED 391 per sqft for 1,278 sqft. The unit has 3 registered sales; the first was AED 1,165,000 in January 2011.

What is the rent for unit 1008?

AED 50,400 a year on the contract signed on 20 February 2016. The previous contract, from February 2015, was AED 42,000; the unit has been rented since February 2014.

How big is unit 1008?

1,278 sqft (118.7 sqm): a two-bedroom apartment on the 10th floor of a 18-storey tower completed in 2008.

What is unit 1008 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 B sold for AED 875,000 to 1,000,000 in the last 12 months, around AED 735 per sqft.

Selling 1008? 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 1008, The Crescent B

Starts from the last sale price (AED 500K, 31 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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