1602, The Crescent B
Sold prices and rental history: sold 3 times, last in November 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 1602, The Crescent B
What is 1602 worth today?
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Source: Dubai Land Department. Updated 11 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 501 sqft
- Floor
- 16th of 18
- Parking
- nan
- Developer
- DAMAC
- Completed
- 2008
- Service charge
- AED 7,200 /yr
- Last sold
- AED 450K · November 2016
- Building
- The Crescent B
About 1602, The Crescent B
1602 is a studio of 501 sqft on the 16th floor of The Crescent B, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. It last sold on 26 November 2016 for AED 450,000, or AED 898 per sqft, in line with the AED 872 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 11 March 2026, is AED 40,200 a year: a gross yield of 8.9% on the 2016 price, before the service charge of about AED 7,200 a year.
Sales and rents for 1602 over time
1602 has sold 3 times; 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 1602 sits
All 203 studios →1602 last sold in November 2016 at AED 898 per sqft, in line with what studios in The Crescent B were fetching at the time (AED 872). 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. 1602's AED 40,200 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 16th floor
All 271 units in The Crescent B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,305 sqft | AED 499KAED 499,000 · Nov 2020November 2020 | 76,000 /yr | |
| 1603 | Studio | 499 sqft | AED 503KAED 503,240 · Sep 2010September 2010 | 43,000 /yr | |
| 1604 | Studio | 499 sqft | AED 547KAED 547,000 · Jul 2009July 2009 | 34,500 /yr | |
| 1605 | Studio | 499 sqft | AED 248KAED 248,263 · Mar 2023March 2023 | 37,000 /yr | |
| 1606 | Studio | 499 sqft | AED 185KAED 185,000 · Apr 2012April 2012 | 29,568 /yr | |
| 1607 | Studio | 496 sqft | AED 375KAED 374,700 · Jul 2026July 2026 | ||
| 1608 | 2-bed | 1,278 sqft | AED 880KAED 880,000 · May 2025May 2025 | 44,119 /yr | |
| 1609 | 2-bed | 1,278 sqft | AED 1MAED 1,000,000 · Mar 2015March 2015 | 65,000 /yr | |
| 1610 | Studio | 496 sqft | AED 410KAED 410,000 · Oct 2026October 2026 | 33,000 /yr | |
| 1611 | Studio | 513 sqft | AED 475KAED 475,000 · May 2017May 2017 | 36,000 /yr | |
| 1612 | Studio | 499 sqft | AED 494KAED 493,500 · Jul 2011July 2011 | 34,000 /yr | |
| 1613 | Studio | 499 sqft | AED 410KAED 410,000 · Nov 2025November 2025 | 32,000 /yr | |
| 1614 | Studio | 499 sqft | AED 230KAED 230,000 · Sep 2022September 2022 | 36,000 /yr | |
| 1615 | Studio | 504 sqft | AED 547KAED 547,000 · Feb 2012February 2012 | 31,500 /yr | |
| 1616 | 2-bed | 1,316 sqft | AED 680KAED 680,000 · Aug 2023August 2023 | 75,000 /yr |
1602, The Crescent B in numbers
- Sold 3 times: first on 12 November 2009 for AED 547,000, last on 26 November 2016 for AED 450,000 (AED 898 per sqft).
- Rented since August 2014 on 8 Ejari contracts. The rent fell from AED 42,000 to AED 18,000 in 2020 and recovered to AED 40,200 by March 2026.
- At AED 40,200 a year the gross yield on the 2016 price is 8.9%, 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 11 March 2026.
Questions about 1602, The Crescent B
What did unit 1602 last sell for?
AED 450,000 on 26 November 2016: AED 898 per sqft for 501 sqft. The unit has 3 registered sales; the first was AED 547,000 in November 2009.
What is the rent for unit 1602?
AED 40,200 a year on the contract renewed on 11 March 2026. The previous contract, from March 2025, was AED 37,000; the unit has been rented since August 2014.
How big is unit 1602?
501 sqft (46.5 sqm): a studio on the 16th floor of a 18-storey tower completed in 2008.
What is unit 1602 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 1602, The Crescent B
Starts from the last sale price (AED 450K, 26 November 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →