Studio · 504 sqftThe Crescent B, Dubai Production City (IMPZ) · 6th floor · completed 2008

615, The Crescent B

Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 615 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 491K12 June 2011
Current rentAED 30K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 615, The Crescent B

What is 615 worth today?

Last sold for AED 491,000 in 2011

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1 Jul 2024RentedRenewal
AED 30,450/yr12 months · AED 60 per sqft
1 Jul 2023RentedNew contract
AED 29,000/yr12 months · AED 57 per sqft
1 Jan 2021RentedRenewal
AED 19,000/yr12 months · AED 38 per sqft
1 Jan 2020RentedNew contract
AED 25,000/yr12 months · AED 49 per sqft
22 Sep 2018RentedNew contract
AED 33,000/yr12 months · AED 65 per sqft
15 Jan 2014RentedRenewal
AED 22,000/yr12 months · AED 44 per sqft
12 Jun 2011Sold by developerReady
AED 491,000AED 974 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
Studio apartment
Size
504 sqft
Floor
6th of 18
Parking
P3-98
Developer
DAMAC
Completed
2008
Service charge
AED 7,200 /yr
Last sold
AED 491K · June 2011

About 615, The Crescent B

615 is a studio of 504 sqft on the 6th floor of The Crescent B, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. The developer sold it on 12 June 2011 for AED 491,000, or AED 974 per sqft, 7% below the AED 1,045 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 30,450 a year: a gross yield of 6.2% on the 2011 price, before the service charge of about AED 7,200 a year.

Sales and rents for 615 over time

Sales
Unit 615, 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, June 2011: AED 491,000 (AED 974 per sqft)

615 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 615, 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 38,000Renewal, January 2014: AED 22,000 a yearNew contract, September 2018: AED 33,000 a yearNew contract, January 2020: AED 25,000 a yearRenewal, January 2021: AED 19,000 a yearNew contract, July 2023: AED 29,000 a yearRenewal, July 2024: AED 30,450 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 615 sits

All 203 studios →

615 last sold in June 2011 at AED 974 per sqft, 7% below what studios in The Crescent B were fetching at the time (AED 1,045). 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. 615's AED 30,450 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 6th floor

All 271 units in The Crescent B
Value
6012-bedAED 1M · Jan 2026
602StudioAED 215K · Feb 2022
603StudioAED 491K · Apr 2010
604StudioAED 491K · Jul 2011
605StudioAED 420K · Sep 2013
606StudioAED 474K · Jun 2026
607StudioAED 491K · Jul 2011
1–7 of 15

615, The Crescent B in numbers

  • Sold once: by DAMAC on 12 June 2011 for AED 491,000, or AED 974 per sqft.
  • Rented since January 2014 on 6 Ejari contracts. The rent fell from AED 22,000 to AED 19,000 in 2021 and recovered to AED 30,450 by July 2024.
  • At AED 30,450 a year the gross yield on the 2011 price is 6.2%, 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 July 2024.

Questions about 615, The Crescent B

What did unit 615 last sell for?

AED 491,000 on 12 June 2011, sold by the developer: AED 974 per sqft for 504 sqft. It is the only registered sale of the unit.

What is the rent for unit 615?

AED 30,450 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 29,000; the unit has been rented since January 2014.

How big is unit 615?

504 sqft (46.8 sqm): a studio on the 6th floor of a 18-storey tower completed in 2008.

What is unit 615 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.

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Mortgage on 615, The Crescent B

Starts from the last sale price (AED 491K, 12 June 2011). Switch to today's estimate once you have unlocked it.
Price
AED 491,000
Deposit, UAE resident (20%)
AED 98,200
Deposit, non-resident (40%)
AED 196,400
Monthly over 25 years at 3.7%
AED 2,009

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