2-bed · 1,278 sqftThe Crescent B, Dubai Production City (IMPZ) · 4th floor · completed 2008

408, The Crescent B

Sold prices and rental history: sold 5 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 3 October 2024
Last soldAED 790K3 October 2024
Current rentAED 54K /yr15 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, The Crescent B

What is 408 worth today?

Last sold for AED 790,000 in 2024

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3 Oct 2024SoldReady
AED 790,000AED 618 per sqft
15 Jan 2023RentedNew contract
AED 54,000/yr12 months · AED 42 per sqft
26 Dec 2021RentedRenewal
AED 42,000/yr12 months · AED 33 per sqft
26 Dec 2020RentedNew contract
AED 38,000/yr12 months · AED 30 per sqft
5 Jul 2019RentedRenewal
AED 58,000/yr12 months · AED 45 per sqft
5 Jul 2018RentedNew contract
AED 62,000/yr12 months · AED 48 per sqft
1 Feb 2018RentedRenewal
AED 73,000/yr12 months · AED 57 per sqft
1 Feb 2017RentedNew contract
AED 75,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 3 October 2024.

Key facts

Type
2-bed apartment
Size
1,278 sqft
Floor
4th of 18
Parking
P1-181, P1-182
Developer
DAMAC
Completed
2008
Service charge
AED 18,400 /yr
Last sold
AED 790K · October 2024

About 408, The Crescent B

408 is a two-bedroom apartment of 1,278 sqft on the 4th floor of The Crescent B, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. It last sold on 3 October 2024 for AED 790,000, or AED 618 per sqft, 4% above the AED 594 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 15 January 2023, is AED 54,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 18,400 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, April 2010: AED 1,082,000 (AED 846 per sqft)Sold, February 2012: AED 452,662 (AED 354 per sqft)Sold, February 2013: AED 650,000 (AED 508 per sqft)Sold, February 2014: AED 500,000 (AED 391 per sqft)Sold, October 2024: AED 790,000 (AED 618 per sqft)

408 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 408, 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, October 2013: AED 70,000 a yearNew contract, January 2015: AED 90,000 a yearNew contract, January 2016: AED 83,000 a yearNew contract, February 2017: AED 75,000 a yearRenewal, February 2018: AED 73,000 a yearNew contract, July 2018: AED 62,000 a yearRenewal, July 2019: AED 58,000 a yearNew contract, December 2020: AED 38,000 a yearRenewal, December 2021: AED 42,000 a yearNew contract, January 2023: AED 54,000 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 408 sits

All 66 2-beds →

408 last sold in October 2024 at AED 618 per sqft, 4% above what two-beds in The Crescent B were fetching at the time (AED 594). 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. 408's AED 54,000 is in the lower 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 4th floor

All 271 units in The Crescent B
Value
4012-bedAED 975K · Oct 2025
402StudioAED 300K · Jul 2024
403StudioAED 424K · Oct 2016
404StudioAED 400K · Jan 2017
405StudioAED 200K · Mar 2013
406StudioAED 425K · Oct 2010
407StudioAED 365K · May 2018
1–7 of 15

408, The Crescent B in numbers

  • Sold 5 times: first on 27 April 2010 for AED 1,082,000, last on 3 October 2024 for AED 790,000 (AED 618 per sqft).
  • Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 70,000 to AED 38,000 in 2020 and recovered to AED 54,000 by January 2023.
  • At AED 54,000 a year the gross yield on the 2024 price is 6.8%, 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 3 October 2024.

Questions about 408, The Crescent B

What did unit 408 last sell for?

AED 790,000 on 3 October 2024: AED 618 per sqft for 1,278 sqft. The unit has 5 registered sales; the first was AED 1,082,000 in April 2010.

What is the rent for unit 408?

AED 54,000 a year on the contract signed on 15 January 2023. The previous contract, from December 2021, was AED 42,000; the unit has been rented since October 2013.

How big is unit 408?

1,278 sqft (118.7 sqm): a two-bedroom apartment on the 4th floor of a 18-storey tower completed in 2008.

What is unit 408 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 408, The Crescent B

Starts from the last sale price (AED 790K, 3 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

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