1506, The Crescent B
Sold prices and rental history: sold once, by the developer in April 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, The Crescent B
What is 1506 worth today?
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Source: Dubai Land Department. Updated 8 June 2024.
Key facts
- Type
- Studio apartment
- Size
- 499 sqft
- Floor
- 15th of 18
- Parking
- nan
- Developer
- DAMAC
- Completed
- 2008
- Service charge
- AED 7,200 /yr
- Last sold
- AED 541K · April 2010
- Building
- The Crescent B
About 1506, The Crescent B
1506 is a studio of 499 sqft on the 15th floor of The Crescent B, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. The developer sold it on 28 April 2010 for AED 541,000, or AED 1,084 per sqft, 5% above the AED 1,029 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 8 June 2024, is AED 33,000 a year: a gross yield of 6.1% on the 2010 price, before the service charge of about AED 7,200 a year.
Sales and rents for 1506 over time
1506 has sold once; the dashed line is the studio median of each year in the building.
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 1506 sits
All 203 studios →1506 last sold in April 2010 at AED 1,084 per sqft, 5% above what studios in The Crescent B were fetching at the time (AED 1,029). 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. 1506's AED 33,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 501 sqft | 400,000 | 798 | ||
| 4 Nov 20264 November 2026 | 499 sqft | 401,800 | 805 | ||
| 14 Oct 202614 October 2026 | 496 sqft | 410,000 | 826 | ||
| 9 Oct 20269 October 2026 | 499 sqft | 406,600 | 814 |
The Crescent B
Building271 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%
Other units on the 15th floor
All 271 units in The Crescent B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,312 sqft | AED 845KAED 845,000 · Dec 2024December 2024 | 50,000 /yr | |
| 1502 | Studio | 501 sqft | AED 250KAED 250,000 · Dec 2022December 2022 | 38,000 /yr | |
| 1503 | Studio | 499 sqft | AED 245KAED 245,000 · Dec 2021December 2021 | 43,000 /yr | |
| 1504 | Studio | 499 sqft | AED 510KAED 510,000 · Sep 2014September 2014 | 33,600 /yr | |
| 1505 | Studio | 499 sqft | AED 185KAED 185,000 · May 2025May 2025 | 38,000 /yr | |
| 1507 | Studio | 496 sqft | AED 390KAED 390,000 · Sep 2025September 2025 | 28,600 /yr | |
| 1508 | 2-bed | 1,278 sqft | AED 875KAED 875,000 · Dec 2025December 2025 | 70,000 /yr | |
| 1509 | 2-bed | 1,278 sqft | AED 1.33MAED 1,327,900 · Oct 2013October 2013 | 73,000 /yr | |
| 1510 | Studio | 372 sqft | AED 220KAED 220,000 · Jun 2014June 2014 | 38,000 /yr | |
| 1511 | Studio | 499 sqft | AED 591KAED 591,000 · Dec 2009December 2009 | 34,000 /yr | |
| 1512 | Studio | 499 sqft | AED 571KAED 571,000 · May 2013May 2013 | 24,000 /yr | |
| 1513 | Studio | 499 sqft | AED 450KAED 450,000 · May 2024May 2024 | 38,000 /yr | |
| 1514 | Studio | 499 sqft | AED 611KAED 611,000 · Apr 2011April 2011 | 34,000 /yr | |
| 1515 | Studio | 504 sqft | AED 380KAED 380,000 · Feb 2025February 2025 | 75,000 /yr | |
| 1516 | 2-bed | 1,324 sqft | AED 940KAED 940,000 · Jun 2016June 2016 | 66,150 /yr |
1506, The Crescent B in numbers
- Sold once: by DAMAC on 28 April 2010 for AED 541,000, or AED 1,084 per sqft.
- Rented since April 2013 on 7 Ejari contracts. The rent fell from AED 30,000 to AED 18,000 in 2022 and recovered to AED 33,000 by June 2024.
- At AED 33,000 a year the gross yield on the 2010 price is 6.1%, 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 8 June 2024.
Questions about 1506, The Crescent B
What did unit 1506 last sell for?
AED 541,000 on 28 April 2010, sold by the developer: AED 1,084 per sqft for 499 sqft. It is the only registered sale of the unit.
What is the rent for unit 1506?
AED 33,000 a year on the contract signed on 8 June 2024. The previous contract, from March 2023, was AED 20,000; the unit has been rented since April 2013.
How big is unit 1506?
499 sqft (46.4 sqm): a studio on the 15th floor of a 18-storey tower completed in 2008.
What is unit 1506 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 1506, The Crescent B
Starts from the last sale price (AED 541K, 28 April 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 541,000
- Deposit, UAE resident (20%)
- AED 108,200
- Deposit, non-resident (40%)
- AED 216,400
- Monthly over 25 years at 3.7%
- AED 2,213
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →