516, The Crescent B
Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, The Crescent B
What is 516 worth today?
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Source: Dubai Land Department. Updated 19 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,324 sqft
- Floor
- 5th of 18
- Parking
- P1-212
- Developer
- DAMAC
- Completed
- 2008
- Service charge
- AED 19,000 /yr
- Last sold
- AED 810K · December 2024
- Building
- The Crescent B
About 516, The Crescent B
516 is a two-bedroom apartment of 1,324 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 19 December 2024 for AED 810,000, or AED 611 per sqft, in line with the AED 610 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 15 August 2023, is AED 44,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 19,000 a year.
Sales and rents for 516 over time
516 has sold twice; the dashed line is the two-bed median of each year in the building.
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 516 sits
All 66 2-beds →516 last sold in December 2024 at AED 611 per sqft, in line with what two-beds in The Crescent B were fetching at the time (AED 610). 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. 516's AED 44,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jun 20268 June 2026 | 1,312 sqft | 1,000,000 | 762 | ||
| 20 May 202620 May 2026 | 1,312 sqft | 900,000 | 685 | ||
| 25 Mar 202625 March 2026 | 1,278 sqft | 950,000 | 743 | ||
| 26 Feb 202626 February 2026 | 1,278 sqft | 940,000 | 735 |
The Crescent B
Building271 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%
Other units on the 5th floor
All 271 units in The Crescent B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,312 sqft | AED 1.13MAED 1,134,000 · Mar 2009March 2009 | 84,000 /yr | |
| 502 | Studio | 501 sqft | AED 400KAED 400,000 · Nov 2026November 2026 | 40,000 /yr | |
| 503 | Studio | 499 sqft | AED 440KAED 440,000 · Apr 2016April 2016 | 38,000 /yr | |
| 504 | Studio | 499 sqft | AED 486KAED 486,000 · Sep 2011September 2011 | 40,000 /yr | |
| 505 | Studio | 499 sqft | AED 215KAED 215,000 · Jan 2021January 2021 | 39,000 /yr | |
| 506 | Studio | 499 sqft | AED 340KAED 340,000 · Apr 2024April 2024 | 28,000 /yr | |
| 507 | Studio | 496 sqft | AED 250KAED 250,000 · Jun 2020June 2020 | 49,200 /yr | |
| 508 | 2-bed | 1,278 sqft | AED 1.1MAED 1,095,000 · Apr 2010April 2010 | 57,120 /yr | |
| 509 | 2-bed | 1,278 sqft | AED 1.1MAED 1,095,000 · May 2010May 2010 | 63,000 /yr | |
| 510 | Studio | 496 sqft | AED 486KAED 486,000 · Oct 2011October 2011 | 41,875 /yr | |
| 512 | Studio | 499 sqft | AED 220KAED 220,000 · Nov 2021November 2021 | 42,000 /yr | |
| 513 | Studio | 499 sqft | AED 490KAED 490,000 · Jan 2025January 2025 | 48,000 /yr | |
| 514 | Studio | 499 sqft | AED 295KAED 295,000 · Feb 2019February 2019 | 24,000 /yr | |
| 515 | Studio | 504 sqft | AED 431KAED 431,000 · Oct 2013October 2013 | 38,000 /yr |
516, The Crescent B in numbers
- Sold twice: first on 21 February 2011 for AED 2,481,000, last on 19 December 2024 for AED 810,000 (AED 611 per sqft).
- Rented since May 2015 on 8 Ejari contracts. The rent fell from AED 62,000 to AED 38,000 in 2021 and recovered to AED 44,000 by August 2023.
- At AED 44,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 19,000 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 19 December 2024.
Questions about 516, The Crescent B
What did unit 516 last sell for?
AED 810,000 on 19 December 2024: AED 611 per sqft for 1,324 sqft. The unit has 2 registered sales; the first was AED 2,481,000 in February 2011.
What is the rent for unit 516?
AED 44,000 a year on the contract renewed on 15 August 2023. The previous contract, from August 2022, was AED 40,000; the unit has been rented since May 2015.
How big is unit 516?
1,324 sqft (123.0 sqm): a two-bedroom apartment on the 5th floor of a 18-storey tower completed in 2008.
What is unit 516 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 516, The Crescent B
Starts from the last sale price (AED 810K, 19 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 810,000
- Deposit, UAE resident (20%)
- AED 162,000
- Deposit, non-resident (40%)
- AED 324,000
- Monthly over 25 years at 3.7%
- AED 3,314
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →