Studio · 499 sqftThe Crescent B, Dubai Production City (IMPZ) · 5th floor · completed 2008

506, The Crescent B

Sold prices and rental history: sold 3 times, last in April 2024, and rented once, from March 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 340K1 April 2024
Current rentAED 28K /yr15 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, The Crescent B

What is 506 worth today?

Last sold for AED 340,000 in 2024

Unlock today's estimate, updated daily, with

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

1 Apr 2024SoldReady
AED 340,000AED 681 per sqft
15 Mar 2023RentedNew contract
AED 28,000/yr12 months · AED 57 per sqft
13 Oct 2021SoldReady
AED 240,000AED 480 per sqft
12 Nov 2009Sold by developerReady
AED 486,000AED 973 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
Studio apartment
Size
499 sqft
Floor
5th of 18
Parking
P1-180
Developer
DAMAC
Completed
2008
Service charge
AED 7,200 /yr
Last sold
AED 340K · April 2024

About 506, The Crescent B

506 is a studio of 499 sqft on the 5th floor of The Crescent B, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. It last sold on 1 April 2024 for AED 340,000, or AED 681 per sqft, in line with the AED 694 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 March 2023. The current contract, signed on 15 March 2023, is AED 28,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 7,200 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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, November 2009: AED 486,000 (AED 973 per sqft)Sold, October 2021: AED 240,000 (AED 480 per sqft)Sold, April 2024: AED 340,000 (AED 681 per sqft)

506 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 506, 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, March 2023: AED 28,000 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 506 sits

All 203 studios →

506 last sold in April 2024 at AED 681 per sqft, in line with what studios in The Crescent B were fetching at the time (AED 694). 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. 506's AED 28,000 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 5th floor

All 271 units in The Crescent B
Value
5012-bedAED 1.13M · Mar 2009
502StudioAED 400K · Nov 2026
503StudioAED 440K · Apr 2016
504StudioAED 486K · Sep 2011
505StudioAED 215K · Jan 2021
507StudioAED 250K · Jun 2020
5082-bedAED 1.1M · Apr 2010
1–7 of 14

506, The Crescent B in numbers

  • Sold 3 times: first on 12 November 2009 for AED 486,000, last on 1 April 2024 for AED 340,000 (AED 681 per sqft).
  • Rented since March 2023 on one Ejari contract, at AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2024 price is 8.2%, 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 1 April 2024.

Questions about 506, The Crescent B

What did unit 506 last sell for?

AED 340,000 on 1 April 2024: AED 681 per sqft for 499 sqft. The unit has 3 registered sales; the first was AED 486,000 in November 2009.

What is the rent for unit 506?

AED 28,000 a year on the contract signed on 15 March 2023.

How big is unit 506?

499 sqft (46.4 sqm): a studio on the 5th floor of a 18-storey tower completed in 2008.

What is unit 506 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.

Selling 506? 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 506, The Crescent B

Starts from the last sale price (AED 340K, 1 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 340,000
Deposit, UAE resident (20%)
AED 68,000
Deposit, non-resident (40%)
AED 136,000
Monthly over 25 years at 3.7%
AED 1,391

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