2-bed · 1,312 sqftThe Crescent B, Dubai Production City (IMPZ) · 7th floor · completed 2008

701, The Crescent B

Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 25 September 2026
Last soldAED 1.24M15 March 2011
Current rentAED 80K /yr25 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, The Crescent B

What is 701 worth today?

Last sold for AED 1,238,000 in 2011

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25 Sep 2026RentedRenewal
AED 79,714/yr10 months · AED 61 per sqft
25 Sep 2025RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
17 Feb 2025RentedRenewal
AED 50,000/yr12 months · AED 38 per sqft
17 Feb 2025RentedRenewal
AED 50,000/yr12 months · AED 38 per sqft
17 Feb 2024RentedRenewal
AED 50,000/yr12 months · AED 38 per sqft
17 Feb 2023RentedRenewal
AED 50,000/yr12 months · AED 38 per sqft
17 Feb 2022RentedRenewal
AED 50,000/yr12 months · AED 38 per sqft
16 Feb 2021RentedNew contract
AED 49,852/yr12 months · AED 38 per sqft

Source: Dubai Land Department. Updated 25 September 2026.

Key facts

Type
2-bed apartment
Size
1,312 sqft
Floor
7th of 18
Parking
P1-44
Developer
DAMAC
Completed
2008
Service charge
AED 18,900 /yr
Last sold
AED 1.24M · March 2011

About 701, The Crescent B

701 is a two-bedroom apartment of 1,312 sqft on the 7th floor of The Crescent B, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. The developer sold it on 15 March 2011 for AED 1,238,000, or AED 943 per sqft, in line with the AED 948 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, renewed on 25 September 2026, is AED 79,714 a year: a gross yield of 6.4% on the 2011 price, before the service charge of about AED 18,900 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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 2011: AED 1,238,000 (AED 943 per sqft)

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

Rents
Unit 701, 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, July 2018: AED 60,000 a yearNew contract, February 2020: AED 49,000 a yearNew contract, February 2021: AED 49,852 a yearRenewal, February 2022: AED 50,000 a yearRenewal, February 2023: AED 50,000 a yearRenewal, February 2024: AED 50,000 a yearRenewal, February 2025: AED 50,000 a yearRenewal, February 2025: AED 50,000 a yearNew contract, September 2025: AED 80,000 a yearRenewal, September 2026: AED 79,714 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 701 sits

All 66 2-beds →

701 last sold in March 2011 at AED 943 per sqft, in line with what two-beds in The Crescent B were fetching at the time (AED 948). 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. 701's AED 79,714 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 7th floor

All 271 units in The Crescent B
Value
702StudioAED 469K · Feb 2026
703StudioAED 422K · Aug 2026
704StudioAED 240K · Apr 2021
705StudioAED 215K · Jan 2023
706StudioAED 240K · Jan 2022
707StudioAED 335K · May 2024
7082-bedAED 650K · Apr 2013
1–7 of 15

701, The Crescent B in numbers

  • Sold once: by DAMAC on 15 March 2011 for AED 1,238,000, or AED 943 per sqft.
  • Rented since July 2018 on 10 Ejari contracts. The rent fell from AED 60,000 to AED 49,000 in 2020 and recovered to AED 79,714 by September 2026.
  • At AED 79,714 a year the gross yield on the 2011 price is 6.4%, before a service charge of about AED 18,900 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 25 September 2026.

Questions about 701, The Crescent B

What did unit 701 last sell for?

AED 1,238,000 on 15 March 2011, sold by the developer: AED 943 per sqft for 1,312 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 79,714 a year on the contract renewed on 25 September 2026. The previous contract, from September 2025, was AED 80,000; the unit has been rented since July 2018.

How big is unit 701?

1,312 sqft (121.9 sqm): a two-bedroom apartment on the 7th floor of a 18-storey tower completed in 2008.

What is unit 701 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 701, The Crescent B

Starts from the last sale price (AED 1.24M, 15 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,238,000
Deposit, UAE resident (20%)
AED 247,600
Deposit, non-resident (40%)
AED 495,200
Monthly over 25 years at 3.7%
AED 5,065

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