
1602, The Crescent C
Sold prices and rental history: sold twice, last in September 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, The Crescent C
What is 1602 worth today?
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Source: Dubai Land Department. Updated 1 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 504 sqft
- Floor
- 16th of 18
- Parking
- nan
- Developer
- DAMAC
- Completed
- 2008
- Service charge
- AED 7,200 /yr
- Last sold
- AED 215K · September 2016
- Building
- The Crescent C
About 1602, The Crescent C
1602 is a studio of 504 sqft on the 16th floor of The Crescent C, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. It last sold on 1 September 2016 for AED 215,000, or AED 426 per sqft, 51% below the AED 863 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 40,000 a year: a gross yield of 18.6% on the 2016 price, before the service charge of about AED 7,200 a year.
Sales and rents for 1602 over time
1602 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in The Crescent C, and where 1602 sits
All 215 studios →1602 last sold in September 2016 at AED 426 per sqft, 51% below what studios in The Crescent C were fetching at the time (AED 863). Over the last 12 months studios sold for AED 340,000 to 520,000, around AED 831 per sqft, and rent for AED 20,000 to 65,647 a year. 1602's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Oct 202612 October 2026 | 499 sqft | 430,000 | 861 | ||
| 12 Oct 202612 October 2026 | 499 sqft | 450,000 | 901 | ||
| 18 Sep 202618 September 2026 | 499 sqft | 400,000 | 801 | ||
| 27 Aug 202627 August 2026 | 499 sqft | 415,000 | 831 |
The Crescent C
Building285 apartments, studios to 2-bed over 18 floors in Dubai Production City (IMPZ), completed in 2008 by DAMAC. 22 sold in the last 12 months.
- Typical price per sqft
- AED 811 Up 5.9%
- Typical sale
- AED 462K
- Typical rent
- AED 40K /yr
- Typical yield
- 9.0%
Other units on the 16th floor
All 285 units in The Crescent C| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,287 sqft | AED 1.37MAED 1,366,000 · Nov 2010November 2010 | 68,000 /yr | |
| 1603 | Studio | 499 sqft | AED 215KAED 215,000 · Jan 2021January 2021 | 30,000 /yr | |
| 1604 | Studio | 499 sqft | AED 597KAED 597,000 · Feb 2010February 2010 | 45,000 /yr | |
| 1605 | Studio | 499 sqft | AED 866KAED 866,000 · Apr 2010April 2010 | 35,000 /yr | |
| 1606 | Studio | 499 sqft | AED 600KAED 600,000 · Jan 2010January 2010 | ||
| 1607 | Studio | 496 sqft | AED 709KAED 709,000 · Nov 2009November 2009 | 36,000 /yr | |
| 1608 | 2-bed | 1,327 sqft | AED 1.11MAED 1,110,000 · Nov 2014November 2014 | 79,572 /yr | |
| 1609 | 2-bed | 1,327 sqft | AED 1.41MAED 1,413,265 · Oct 2010October 2010 | 68,250 /yr | |
| 1610 | Studio | 496 sqft | AED 185KAED 185,000 · Apr 2012April 2012 | 24,500 /yr | |
| 1611 | Studio | 499 sqft | AED 425KAED 425,000 · Jan 2017January 2017 | 35,000 /yr | |
| 1612 | Studio | 499 sqft | AED 300KAED 300,000 · May 2023May 2023 | 47,000 /yr | |
| 1613 | Studio | 499 sqft | AED 447KAED 447,000 · May 2017May 2017 | 50,000 /yr | |
| 1614 | Studio | 499 sqft | AED 235KAED 235,000 · Feb 2023February 2023 | 38,000 /yr | |
| 1615 | Studio | 501 sqft | AED 420KAED 420,000 · Mar 2015March 2015 | 40,000 /yr | |
| 1616 | 2-bed | 1,276 sqft | AED 1MAED 1,000,000 · Mar 2014March 2014 | 75,000 /yr |
1602, The Crescent C in numbers
- Sold twice: first on 21 July 2011 for AED 709,000, last on 1 September 2016 for AED 215,000 (AED 426 per sqft).
- Rented since March 2020 on 7 Ejari contracts. The rent fell from AED 27,000 to AED 24,000 in 2023 and recovered to AED 40,000 by January 2026.
- At AED 40,000 a year the gross yield on the 2016 price is 18.6%, before a service charge of about AED 7,200 a year (AED 14.38 per sqft).
- Studios in The Crescent C sold for AED 340,000–520,000 in the 12 months to November 2026; the building's median across all types is AED 811 per sqft.
Source: Dubai Land Department. Updated 1 January 2026.
Questions about 1602, The Crescent C
What did unit 1602 last sell for?
AED 215,000 on 1 September 2016: AED 426 per sqft for 504 sqft. The unit has 2 registered sales; the first was AED 709,000 in July 2011.
What is the rent for unit 1602?
AED 40,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 38,000; the unit has been rented since March 2020.
How big is unit 1602?
504 sqft (46.8 sqm): a studio on the 16th floor of a 18-storey tower completed in 2008.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Crescent C sold for AED 340,000 to 520,000 in the last 12 months, around AED 831 per sqft.
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Mortgage on 1602, The Crescent C
Starts from the last sale price (AED 215K, 1 September 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 215,000
- Deposit, UAE resident (20%)
- AED 43,000
- Deposit, non-resident (40%)
- AED 86,000
- Monthly over 25 years at 3.7%
- AED 880
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →