2-bed · 1,316 sqftThe Crescent B, Dubai Production City (IMPZ) · 16th floor · completed 2008

1616, The Crescent B

Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1616 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 680K29 August 2023
Current rentAED 75K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1616, The Crescent B

What is 1616 worth today?

Last sold for AED 680,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Dec 2025RentedRenewal
AED 75,000/yr12 months · AED 57 per sqft
1 Dec 2024RentedRenewal
AED 75,000/yr12 months · AED 57 per sqft
1 Dec 2024RentedRenewal
AED 75,000/yr12 months · AED 57 per sqft
1 Dec 2023RentedNew contract
AED 75,000/yr12 months · AED 57 per sqft
29 Aug 2023SoldReady
AED 680,000AED 516 per sqft
26 Aug 2020RentedNew contract
AED 42,000/yr12 months · AED 32 per sqft
14 May 2019SoldReady
AED 625,000AED 474 per sqft
15 Jul 2018RentedRenewal
AED 80,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
2-bed apartment
Size
1,316 sqft
Floor
16th of 18
Parking
P3-215
Developer
DAMAC
Completed
2008
Service charge
AED 18,900 /yr
Last sold
AED 680K · August 2023

About 1616, The Crescent B

1616 is a two-bedroom apartment of 1,316 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 29 August 2023 for AED 680,000, or AED 516 per sqft, 7% above the AED 482 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 75,000 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 18,900 a year.

Sales and rents for 1616 over time

Sales
Unit 1616, each saleTypical two-bed in The Crescent B
500K1M2009201420192024Typical sale price by year: 2009 AED 1,173,000; 2010 AED 1,174,380; 2011 AED 1,249,000; 2012 AED 833,860; 2013 AED 900,000; 2014 AED 830,700; 2015 AED 900,000; 2016 AED 825,000; 2017 AED 855,000; 2018 AED 680,000; 2019 AED 537,500; 2020 AED 550,000; 2021 AED 550,000; 2022 AED 575,000; 2023 AED 660,000; 2024 AED 790,000; 2025 AED 890,000; 2026 AED 950,000Sold by developer, September 2010: AED 1,187,720 (AED 902 per sqft)Sold, May 2019: AED 625,000 (AED 474 per sqft)Sold, August 2023: AED 680,000 (AED 516 per sqft)

1616 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1616, each contractTypical two-bed in The Crescent B
50K75K2012201620202024Typical rent by year: 2012 AED 39,000; 2013 AED 50,000; 2014 AED 59,400; 2015 AED 72,000; 2016 AED 80,000; 2017 AED 74,599; 2018 AED 67,000; 2019 AED 54,500; 2020 AED 43,584; 2021 AED 40,000; 2022 AED 46,000; 2023 AED 52,650; 2024 AED 63,000; 2025 AED 73,000; 2026 AED 73,500New contract, July 2015: AED 85,000 a yearRenewal, July 2016: AED 85,000 a yearRenewal, July 2017: AED 80,000 a yearRenewal, July 2018: AED 80,000 a yearNew contract, August 2020: AED 42,000 a yearNew contract, December 2023: AED 75,000 a yearRenewal, December 2024: AED 75,000 a yearRenewal, December 2024: AED 75,000 a yearRenewal, December 2025: AED 75,000 a year

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 1616 sits

All 66 2-beds →

1616 last sold in August 2023 at AED 516 per sqft, 7% above what two-beds in The Crescent B were fetching at the time (AED 482). 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. 1616's AED 75,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Jun 20261,000,000
20 May 2026900,000
25 Mar 2026950,000
26 Feb 2026940,000
7 2-bed 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

1616, The Crescent B in numbers

  • Sold 3 times: first on 30 September 2010 for AED 1,187,720, last on 29 August 2023 for AED 680,000 (AED 516 per sqft).
  • Rented since July 2015 on 9 Ejari contracts. The rent fell from AED 85,000 to AED 42,000 in 2020 and recovered to AED 75,000 by December 2025.
  • At AED 75,000 a year the gross yield on the 2023 price is 11.0%, before a service charge of about AED 18,900 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 1 December 2025.

Questions about 1616, The Crescent B

What did unit 1616 last sell for?

AED 680,000 on 29 August 2023: AED 516 per sqft for 1,316 sqft. The unit has 3 registered sales; the first was AED 1,187,720 in September 2010.

What is the rent for unit 1616?

AED 75,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 75,000; the unit has been rented since July 2015.

How big is unit 1616?

1,316 sqft (122.3 sqm): a two-bedroom apartment on the 16th floor of a 18-storey tower completed in 2008.

What is unit 1616 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.

Selling 1616? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1616, The Crescent B

Starts from the last sale price (AED 680K, 29 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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