1516, The Crescent B
Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1516, The Crescent B
What is 1516 worth today?
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Source: Dubai Land Department. Updated 25 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,324 sqft
- Floor
- 15th of 18
- Parking
- P1-45,P3-171
- Developer
- DAMAC
- Completed
- 2008
- Service charge
- AED 19,000 /yr
- Last sold
- AED 940K · June 2016
- Building
- The Crescent B
About 1516, The Crescent B
1516 is a two-bedroom apartment of 1,324 sqft on the 15th floor of The Crescent B, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. It last sold on 30 June 2016 for AED 940,000, or AED 709 per sqft, 4% above the AED 685 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 25 May 2026, is AED 66,150 a year: a gross yield of 7.0% on the 2016 price, before the service charge of about AED 19,000 a year.
Sales and rents for 1516 over time
1516 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1516 sits
All 66 2-beds →1516 last sold in June 2016 at AED 709 per sqft, 4% above what two-beds in The Crescent B were fetching at the time (AED 685). 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. 1516's AED 66,150 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jun 20268 June 2026 | 1,312 sqft | 1,000,000 | 762 | ||
| 20 May 202620 May 2026 | 1,312 sqft | 900,000 | 685 | ||
| 25 Mar 202625 March 2026 | 1,278 sqft | 950,000 | 743 | ||
| 26 Feb 202626 February 2026 | 1,278 sqft | 940,000 | 735 |
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 | |
| 1506 | Studio | 499 sqft | AED 541KAED 541,000 · Apr 2010April 2010 | 33,000 /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, The Crescent B in numbers
- Sold twice: first on 27 December 2011 for AED 1,276,000, last on 30 June 2016 for AED 940,000 (AED 709 per sqft).
- Rented since June 2014 on 8 Ejari contracts, from AED 53,000 to AED 66,150 a year.
- At AED 66,150 a year the gross yield on the 2016 price is 7.0%, before a service charge of about AED 19,000 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 25 May 2026.
Questions about 1516, The Crescent B
What did unit 1516 last sell for?
AED 940,000 on 30 June 2016: AED 709 per sqft for 1,324 sqft. The unit has 2 registered sales; the first was AED 1,276,000 in December 2011.
What is the rent for unit 1516?
AED 66,150 a year on the contract renewed on 25 May 2026. The previous contract, from May 2025, was AED 73,500; the unit has been rented since June 2014.
How big is unit 1516?
1,324 sqft (123.0 sqm): a two-bedroom apartment on the 15th floor of a 18-storey tower completed in 2008.
What is unit 1516 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 1516, The Crescent B
Starts from the last sale price (AED 940K, 30 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 940,000
- Deposit, UAE resident (20%)
- AED 188,000
- Deposit, non-resident (40%)
- AED 376,000
- Monthly over 25 years at 3.7%
- AED 3,846
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →