Studio · 504 sqftThe Crescent C, Dubai Production City (IMPZ) · 16th floor · completed 2008

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.

Unit 1602 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 215K1 September 2016
Current rentAED 40K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, The Crescent C

What is 1602 worth today?

Last sold for AED 215,000 in 2016

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1 Jan 2026RentedRenewal
AED 40,000/yr12 months · AED 79 per sqft
1 Jan 2025RentedNew contract
AED 38,000/yr12 months · AED 75 per sqft
2 Jan 2024RentedRenewal
AED 26,000/yr12 months · AED 52 per sqft
2 Jan 2023RentedNew contract
AED 24,000/yr12 months · AED 48 per sqft
26 Dec 2021RentedNew contract
AED 24,000/yr8 months · AED 48 per sqft
19 Dec 2020RentedNew contract
AED 25,000/yr12 months · AED 49 per sqft
10 Mar 2020RentedNew contract
AED 27,000/yr12 months · AED 53 per sqft
1 Sep 2016SoldReady
AED 215,000AED 426 per sqft

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

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

Sales
Unit 1602, each saleTypical studio in The Crescent C
250K500K750K2009201420192024Typical sale price by year: 2009 AED 552,000; 2010 AED 569,000; 2011 AED 558,000; 2012 AED 546,500; 2013 AED 536,000; 2014 AED 447,500; 2015 AED 455,000; 2016 AED 420,000; 2017 AED 416,000; 2018 AED 395,000; 2019 AED 272,500; 2020 AED 241,000; 2021 AED 210,000; 2022 AED 227,000; 2023 AED 280,000; 2024 AED 360,000; 2025 AED 395,000; 2026 AED 430,000Sold by developer, July 2011: AED 709,000 (AED 1,406 per sqft)Sold, September 2016: AED 215,000 (AED 426 per sqft)

1602 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1602, each contractTypical studio in The Crescent C
20K40K2012201620202024Typical rent by year: 2012 AED 20,000; 2013 AED 24,150; 2014 AED 34,000; 2015 AED 42,000; 2016 AED 42,000; 2017 AED 40,000; 2018 AED 34,000; 2019 AED 28,000; 2020 AED 22,000; 2021 AED 19,000; 2022 AED 22,000; 2023 AED 25,200; 2024 AED 30,000; 2025 AED 37,000; 2026 AED 38,000New contract, March 2020: AED 27,000 a yearNew contract, December 2020: AED 25,000 a yearNew contract, December 2021: AED 24,000 a yearNew contract, January 2023: AED 24,000 a yearRenewal, January 2024: AED 26,000 a yearNew contract, January 2025: AED 38,000 a yearRenewal, January 2026: AED 40,000 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 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 salesUnit no.Price (AED)Summary
12 Oct 2026430,000
12 Oct 2026450,000
18 Sep 2026400,000
27 Aug 2026415,000
14 studio sales in the last 12 months

The Crescent C

Building

285 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%
The Crescent C, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 16th floor

All 285 units in The Crescent C
Value
16012-bedAED 1.37M · Nov 2010
1603StudioAED 215K · Jan 2021
1604StudioAED 597K · Feb 2010
1605StudioAED 866K · Apr 2010
1606StudioAED 600K · Jan 2010
1607StudioAED 709K · Nov 2009
16082-bedAED 1.11M · Nov 2014
1–7 of 15

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 →