Studio · 504 sqftThe Crescent B, Dubai Production City (IMPZ) · 16th floor · completed 2008

1615, The Crescent B

Sold prices and rental history: sold twice, last in February 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1615 · DLD and Ejari recordsUpdated 5 July 2025
Last soldAED 547K23 February 2012
Current rentAED 32K /yr5 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1615, The Crescent B

What is 1615 worth today?

Last sold for AED 547,000 in 2012

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5 Jul 2025RentedRenewal
AED 31,500/yr12 months · AED 63 per sqft
5 Jul 2024RentedRenewal
AED 31,500/yr12 months · AED 63 per sqft
5 Jul 2023RentedNew contract
AED 30,000/yr12 months · AED 60 per sqft
15 Aug 2022RentedRenewal
AED 25,000/yr12 months · AED 49 per sqft
15 Aug 2021RentedRenewal
AED 20,000/yr12 months · AED 40 per sqft
15 Aug 2020RentedNew contract
AED 20,000/yr12 months · AED 40 per sqft
28 Dec 2019RentedNew contract
AED 26,000/yr12 months · AED 51 per sqft
23 Jul 2017RentedNew contract
AED 44,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 5 July 2025.

Key facts

Type
Studio apartment
Size
504 sqft
Floor
16th of 18
Parking
nan
Developer
DAMAC
Completed
2008
Service charge
AED 7,200 /yr
Last sold
AED 547K · February 2012

About 1615, The Crescent B

1615 is a studio of 504 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 23 February 2012 for AED 547,000, or AED 1,085 per sqft, 12% above the AED 973 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 5 July 2025, is AED 31,500 a year: a gross yield of 5.8% on the 2012 price, before the service charge of about AED 7,200 a year.

Sales and rents for 1615 over time

Sales
Unit 1615, 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, June 2009: AED 547,000 (AED 1,085 per sqft)Sold, February 2012: AED 547,000 (AED 1,085 per sqft)

1615 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1615, 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, September 2013: AED 29,500 a yearNew contract, September 2014: AED 43,380 a yearNew contract, June 2015: AED 46,000 a yearNew contract, July 2017: AED 44,000 a yearNew contract, December 2019: AED 26,000 a yearNew contract, August 2020: AED 20,000 a yearRenewal, August 2021: AED 20,000 a yearRenewal, August 2022: AED 25,000 a yearNew contract, July 2023: AED 30,000 a yearRenewal, July 2024: AED 31,500 a yearRenewal, July 2025: AED 31,500 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 1615 sits

All 203 studios →

1615 last sold in February 2012 at AED 1,085 per sqft, 12% above what studios in The Crescent B were fetching at the time (AED 973). 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. 1615's AED 31,500 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

1615, The Crescent B in numbers

  • Sold twice: first on 2 June 2009 for AED 547,000, last on 23 February 2012 for AED 547,000 (AED 1,085 per sqft).
  • Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 29,500 to AED 20,000 in 2021 and recovered to AED 31,500 by July 2025.
  • At AED 31,500 a year the gross yield on the 2012 price is 5.8%, 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 5 July 2025.

Questions about 1615, The Crescent B

What did unit 1615 last sell for?

AED 547,000 on 23 February 2012: AED 1,085 per sqft for 504 sqft. The unit has 2 registered sales; the first was AED 547,000 in June 2009.

What is the rent for unit 1615?

AED 31,500 a year on the contract renewed on 5 July 2025. The previous contract, from July 2024, was AED 31,500; the unit has been rented since September 2013.

How big is unit 1615?

504 sqft (46.8 sqm): a studio on the 16th floor of a 18-storey tower completed in 2008.

What is unit 1615 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 1615, The Crescent B

Starts from the last sale price (AED 547K, 23 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 547,000
Deposit, UAE resident (20%)
AED 109,400
Deposit, non-resident (40%)
AED 218,800
Monthly over 25 years at 3.7%
AED 2,238

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