2-bed · 1,278 sqftThe Crescent B, Dubai Production City (IMPZ) · 3rd floor · completed 2008

308, The Crescent B

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 15 April 2024
Last soldAED 1.07M10 March 2010
Current rentAED 75K /yr15 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, The Crescent B

What is 308 worth today?

Last sold for AED 1,068,000 in 2010

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15 Apr 2024RentedNew contract
AED 75,000/yr12 months · AED 59 per sqft
13 Jan 2021RentedNew contract
AED 38,000/yr12 months · AED 30 per sqft
26 Sep 2019RentedRenewal
AED 65,000/yr12 months · AED 51 per sqft
26 Sep 2018RentedNew contract
AED 65,000/yr12 months · AED 51 per sqft
9 May 2018RentedRenewal
AED 76,500/yr12 months · AED 60 per sqft
9 May 2017RentedNew contract
AED 78,500/yr12 months · AED 61 per sqft
9 May 2016RentedNew contract
AED 80,000/yr12 months · AED 63 per sqft
20 Mar 2015RentedNew contract
AED 80,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 15 April 2024.

Key facts

Type
2-bed apartment
Size
1,278 sqft
Floor
3rd of 18
Parking
nan
Developer
DAMAC
Completed
2008
Service charge
AED 18,400 /yr
Last sold
AED 1.07M · March 2010

About 308, The Crescent B

308 is a two-bedroom apartment of 1,278 sqft on the 3rd floor of The Crescent B, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. The developer sold it on 10 March 2010 for AED 1,068,000, or AED 835 per sqft, 6% below the AED 889 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 15 April 2024, is AED 75,000 a year: a gross yield of 7.0% on the 2010 price, before the service charge of about AED 18,400 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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, March 2010: AED 1,068,000 (AED 835 per sqft)

308 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 308, each contractTypical two-bed in The Crescent B
40K60K80K2012201620202024Typical 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, March 2014: AED 50,000 a yearNew contract, March 2015: AED 80,000 a yearRenewal, March 2015: AED 57,500 a yearNew contract, May 2016: AED 80,000 a yearNew contract, May 2017: AED 78,500 a yearRenewal, May 2018: AED 76,500 a yearNew contract, September 2018: AED 65,000 a yearRenewal, September 2019: AED 65,000 a yearNew contract, January 2021: AED 38,000 a yearNew contract, April 2024: 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 308 sits

All 66 2-beds →

308 last sold in March 2010 at AED 835 per sqft, 6% below what two-beds in The Crescent B were fetching at the time (AED 889). 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. 308'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 3rd floor

All 271 units in The Crescent B
Value
3012-bedAED 900K · May 2026
302StudioAED 474K · Oct 2013
303StudioAED 414K · Nov 2009
304StudioAED 450K · Aug 2017
305StudioAED 340K · Mar 2024
306StudioAED 438K · Nov 2025
307StudioAED 375K · Mar 2024
1–7 of 15

308, The Crescent B in numbers

  • Sold once: by DAMAC on 10 March 2010 for AED 1,068,000, or AED 835 per sqft.
  • Rented since March 2014 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 38,000 in 2021 and recovered to AED 75,000 by April 2024.
  • At AED 75,000 a year the gross yield on the 2010 price is 7.0%, before a service charge of about AED 18,400 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 15 April 2024.

Questions about 308, The Crescent B

What did unit 308 last sell for?

AED 1,068,000 on 10 March 2010, sold by the developer: AED 835 per sqft for 1,278 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 75,000 a year on the contract signed on 15 April 2024. The previous contract, from January 2021, was AED 38,000; the unit has been rented since March 2014.

How big is unit 308?

1,278 sqft (118.7 sqm): a two-bedroom apartment on the 3rd floor of a 18-storey tower completed in 2008.

What is unit 308 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 308, The Crescent B

Starts from the last sale price (AED 1.07M, 10 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,068,000
Deposit, UAE resident (20%)
AED 213,600
Deposit, non-resident (40%)
AED 427,200
Monthly over 25 years at 3.7%
AED 4,370

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