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2-bed · 1,278 sqftThe Crescent B, Dubai Production City (IMPZ) · 14th floor · completed 2008

1409, The Crescent B

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1409 · DLD and Ejari recordsUpdated 13 April 2023
Last soldAED 649K13 April 2023
Current rentAED 44K /yr15 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1409, The Crescent B

What is 1409 worth today?

Last sold for AED 649,000 in 2023

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13 Apr 2023SoldReady
AED 649,000AED 507 per sqft
15 Apr 2022RentedRenewal
AED 43,700/yr12 months · AED 34 per sqft
15 Apr 2021RentedNew contract
AED 38,000/yr12 months · AED 30 per sqft
8 Feb 2020RentedNew contract
AED 50,000/yr12 months · AED 39 per sqft
8 Feb 2019RentedNew contract
AED 57,000/yr12 months · AED 44 per sqft
4 Mar 2018SoldReady
AED 680,000AED 532 per sqft
1 Feb 2015RentedNew contract
AED 50,160/yr12 months · AED 39 per sqft
1 Feb 2014RentedNew contract
AED 41,800/yr12 months · AED 33 per sqft

Source: Dubai Land Department. Updated 13 April 2023.

Key facts

Type
2-bed apartment
Size
1,278 sqft
Floor
14th of 18
Parking
P3-253
Developer
DAMAC
Completed
2008
Service charge
AED 18,400 /yr
Last sold
AED 649K · April 2023
Building
The Crescent B

About 1409, The Crescent B

1409 is a two-bedroom apartment of 1,278 sqft on the 14th floor of The Crescent B, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. It last sold on 13 April 2023 for AED 649,000, or AED 507 per sqft, 12% above the AED 453 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 15 April 2022, is AED 43,700 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 18,400 a year.

Sales and rents for 1409 over time

Sales
Unit 1409, 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 1,221,000 (AED 955 per sqft)Sold, March 2018: AED 680,000 (AED 532 per sqft)Sold, April 2023: AED 649,000 (AED 507 per sqft)

1409 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1409, 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 41,800 a yearNew contract, February 2015: AED 50,160 a yearNew contract, February 2019: AED 57,000 a yearNew contract, February 2020: AED 50,000 a yearNew contract, April 2021: AED 38,000 a yearRenewal, April 2022: AED 43,700 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 1409 sits

All 66 2-beds →

1409 last sold in April 2023 at AED 507 per sqft, 12% above what two-beds in The Crescent B were fetching at the time (AED 453). 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. 1409's AED 43,700 is at the bottom 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 14th floor

All 271 units in The Crescent B
Value
14012-bedAED 1.16M · Mar 2010
1402StudioAED 450K · Dec 2013
1403StudioAED 217K · Feb 2022
1404StudioAED 225K · Sep 2017
1405StudioAED 490K · Apr 2014
1406StudioAED 400K · Oct 2023
1407StudioAED 410K · Mar 2015
1–7 of 15

1409, The Crescent B in numbers

  • Sold 3 times: first on 27 January 2011 for AED 1,221,000, last on 13 April 2023 for AED 649,000 (AED 507 per sqft).
  • Rented since February 2014 on 6 Ejari contracts, from AED 41,800 to AED 43,700 a year.
  • At AED 43,700 a year the gross yield on the 2023 price is 6.7%, 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 13 April 2023.

Questions about 1409, The Crescent B

What did unit 1409 last sell for?

AED 649,000 on 13 April 2023: AED 507 per sqft for 1,278 sqft. The unit has 3 registered sales; the first was AED 1,221,000 in January 2011.

What is the rent for unit 1409?

AED 43,700 a year on the contract renewed on 15 April 2022. The previous contract, from April 2021, was AED 38,000; the unit has been rented since February 2014.

How big is unit 1409?

1,278 sqft (118.7 sqm): a two-bedroom apartment on the 14th floor of a 18-storey tower completed in 2008.

What is unit 1409 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.

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Mortgage on 1409, The Crescent B

Starts from the last sale price (AED 649K, 13 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 649,000
Deposit, UAE resident (20%)
AED 129,800
Deposit, non-resident (40%)
AED 259,600
Monthly over 25 years at 3.7%
AED 2,655

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