Studio · 499 sqftThe Crescent B, Dubai Production City (IMPZ) · 15th floor · completed 2008

1512, The Crescent B

Sold prices and rental history: sold once, by the developer in May 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1512 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 571K27 May 2013
Current rentAED 24K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1512, The Crescent B

What is 1512 worth today?

Last sold for AED 571,000 in 2013

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1 Nov 2024RentedRenewal
AED 24,000/yr12 months · AED 48 per sqft
1 Nov 2023RentedRenewal
AED 20,000/yr12 months · AED 40 per sqft
1 Nov 2022RentedRenewal
AED 20,000/yr12 months · AED 40 per sqft
21 Oct 2021RentedRenewal
AED 19,426/yr12 months · AED 39 per sqft
15 Oct 2020RentedRenewal
AED 19,683/yr12 months · AED 39 per sqft
15 Oct 2019RentedNew contract
AED 25,000/yr12 months · AED 50 per sqft
1 Aug 2017RentedNew contract
AED 38,000/yr12 months · AED 77 per sqft
1 May 2016RentedNew contract
AED 40,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 1 November 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 571K · May 2013

About 1512, The Crescent B

1512 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 27 May 2013 for AED 571,000, or AED 1,144 per sqft, 102% above the AED 565 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 24,000 a year: a gross yield of 4.2% on the 2013 price, before the service charge of about AED 7,200 a year.

Sales and rents for 1512 over time

Sales
Unit 1512, each saleTypical studio in The Crescent B
200K400K600K2009201420192024Typical 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, May 2013: AED 571,000 (AED 1,144 per sqft)

1512 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1512, 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, May 2016: AED 40,000 a yearNew contract, August 2017: AED 38,000 a yearNew contract, October 2019: AED 25,000 a yearRenewal, October 2020: AED 19,683 a yearRenewal, October 2021: AED 19,426 a yearRenewal, November 2022: AED 20,000 a yearRenewal, November 2023: AED 20,000 a yearRenewal, November 2024: AED 24,000 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 1512 sits

All 203 studios →

1512 last sold in May 2013 at AED 1,144 per sqft, 102% above what studios in The Crescent B were fetching at the time (AED 565). 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. 1512's AED 24,000 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 15th floor

All 271 units in The Crescent B
Value
15012-bedAED 845K · Dec 2024
1502StudioAED 250K · Dec 2022
1503StudioAED 245K · Dec 2021
1504StudioAED 510K · Sep 2014
1505StudioAED 185K · May 2025
1506StudioAED 541K · Apr 2010
1507StudioAED 390K · Sep 2025
1–7 of 15

1512, The Crescent B in numbers

  • Sold once: by DAMAC on 27 May 2013 for AED 571,000, or AED 1,144 per sqft.
  • Rented since May 2016 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 19,426 in 2021 and recovered to AED 24,000 by November 2024.
  • At AED 24,000 a year the gross yield on the 2013 price is 4.2%, 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 1 November 2024.

Questions about 1512, The Crescent B

What did unit 1512 last sell for?

AED 571,000 on 27 May 2013, sold by the developer: AED 1,144 per sqft for 499 sqft. It is the only registered sale of the unit.

What is the rent for unit 1512?

AED 24,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 20,000; the unit has been rented since May 2016.

How big is unit 1512?

499 sqft (46.4 sqm): a studio on the 15th floor of a 18-storey tower completed in 2008.

What is unit 1512 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 1512, The Crescent B

Starts from the last sale price (AED 571K, 27 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 571,000
Deposit, UAE resident (20%)
AED 114,200
Deposit, non-resident (40%)
AED 228,400
Monthly over 25 years at 3.7%
AED 2,336

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