Studio · 499 sqftThe Crescent B, Dubai Production City (IMPZ) · 16th floor · completed 2008

1612, The Crescent B

Sold prices and rental history: sold once, by the developer in July 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1612 · DLD and Ejari recordsUpdated 16 October 2026
Last soldAED 494K18 July 2011
Current rentAED 34K /yr16 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1612, The Crescent B

What is 1612 worth today?

Last sold for AED 493,500 in 2011

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16 Oct 2026RentedNew contract
AED 34,000/yr12 months · AED 68 per sqft
1 Oct 2025RentedNew contract
AED 36,000/yr12 months · AED 72 per sqft
25 Aug 2024RentedRenewal
AED 32,000/yr12 months · AED 64 per sqft
25 Aug 2023RentedRenewal
AED 17,000/yr12 months · AED 34 per sqft
25 Aug 2022RentedRenewal
AED 17,000/yr12 months · AED 34 per sqft
25 Aug 2021RentedNew contract
AED 18,000/yr12 months · AED 36 per sqft
25 Mar 2021RentedNew contract
AED 17,000/yr12 months · AED 34 per sqft
21 Apr 2019RentedNew contract
AED 27,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 16 October 2026.

Key facts

Type
Studio apartment
Size
499 sqft
Floor
16th of 18
Parking
nan
Developer
DAMAC
Completed
2008
Service charge
AED 7,200 /yr
Last sold
AED 494K · July 2011

About 1612, The Crescent B

1612 is a studio of 499 sqft on the 16th floor of The Crescent B, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. The developer sold it on 18 July 2011 for AED 493,500, or AED 988 per sqft, 5% below the AED 1,040 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 16 October 2026, is AED 34,000 a year: a gross yield of 6.9% on the 2011 price, before the service charge of about AED 7,200 a year.

Sales and rents for 1612 over time

Sales
Unit 1612, each saleTypical studio in The Crescent B
200K400K2009201420192024Typical 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, July 2011: AED 493,500 (AED 988 per sqft)

1612 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1612, 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, April 2013: AED 22,000 a yearNew contract, August 2015: AED 39,000 a yearNew contract, April 2019: AED 27,000 a yearNew contract, March 2021: AED 17,000 a yearNew contract, August 2021: AED 18,000 a yearRenewal, August 2022: AED 17,000 a yearRenewal, August 2023: AED 17,000 a yearRenewal, August 2024: AED 32,000 a yearNew contract, October 2025: AED 36,000 a yearNew contract, October 2026: AED 34,000 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 1612 sits

All 203 studios →

1612 last sold in July 2011 at AED 988 per sqft, 5% below what studios in The Crescent B were fetching at the time (AED 1,040). 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. 1612's AED 34,000 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 16th floor

All 271 units in The Crescent B
Value
16012-bedAED 499K · Nov 2020
1602StudioAED 450K · Nov 2016
1603StudioAED 503K · Sep 2010
1604StudioAED 547K · Jul 2009
1605StudioAED 248K · Mar 2023
1606StudioAED 185K · Apr 2012
1607StudioAED 375K · Jul 2026
1–7 of 15

1612, The Crescent B in numbers

  • Sold once: by DAMAC on 18 July 2011 for AED 493,500, or AED 988 per sqft.
  • Rented since April 2013 on 10 Ejari contracts. The rent fell from AED 22,000 to AED 17,000 in 2023 and recovered to AED 34,000 by October 2026.
  • At AED 34,000 a year the gross yield on the 2011 price is 6.9%, 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 16 October 2026.

Questions about 1612, The Crescent B

What did unit 1612 last sell for?

AED 493,500 on 18 July 2011, sold by the developer: AED 988 per sqft for 499 sqft. It is the only registered sale of the unit.

What is the rent for unit 1612?

AED 34,000 a year on the contract signed on 16 October 2026. The previous contract, from October 2025, was AED 36,000; the unit has been rented since April 2013.

How big is unit 1612?

499 sqft (46.4 sqm): a studio on the 16th floor of a 18-storey tower completed in 2008.

What is unit 1612 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 1612, The Crescent B

Starts from the last sale price (AED 494K, 18 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 493,500
Deposit, UAE resident (20%)
AED 98,700
Deposit, non-resident (40%)
AED 197,400
Monthly over 25 years at 3.7%
AED 2,019

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