Studio · 499 sqftThe Crescent C, Dubai Production City (IMPZ) · 7th floor · completed 2008

703, The Crescent C

Sold prices and rental history: sold once, by the developer in December 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 15 March 2023
Last soldAED 495K27 December 2009
Current rentAED 24K /yr15 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, The Crescent C

What is 703 worth today?

Last sold for AED 494,515 in 2009

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15 Mar 2023RentedRenewal
AED 23,805/yr12 months · AED 48 per sqft
15 Mar 2022RentedRenewal
AED 20,700/yr12 months · AED 42 per sqft
15 Mar 2021RentedNew contract
AED 18,000/yr12 months · AED 36 per sqft
10 Dec 2019RentedNew contract
AED 24,000/yr12 months · AED 48 per sqft
19 Nov 2018RentedNew contract
AED 30,000/yr12 months · AED 61 per sqft
8 Nov 2017RentedNew contract
AED 37,000/yr12 months · AED 75 per sqft
4 Mar 2017RentedNew contract
AED 38,000/yr12 months · AED 77 per sqft
27 Dec 2009Sold by developerReady
AED 494,515AED 990 per sqft

Source: Dubai Land Department. Updated 15 March 2023.

Key facts

Type
Studio apartment
Size
499 sqft
Floor
7th of 18
Parking
nan
Developer
DAMAC
Completed
2008
Service charge
AED 7,200 /yr
Last sold
AED 495K · December 2009

About 703, The Crescent C

703 is a studio of 499 sqft on the 7th floor of The Crescent C, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. The developer sold it on 27 December 2009 for AED 494,515, or AED 990 per sqft, 11% below the AED 1,112 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 15 March 2023, is AED 23,805 a year: a gross yield of 4.8% on the 2009 price, before the service charge of about AED 7,200 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical studio in The Crescent C
200K400K600K2009201420192024Typical 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, December 2009: AED 494,515 (AED 990 per sqft)

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

Rents
Unit 703, 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 2017: AED 38,000 a yearNew contract, November 2017: AED 37,000 a yearNew contract, November 2018: AED 30,000 a yearNew contract, December 2019: AED 24,000 a yearNew contract, March 2021: AED 18,000 a yearRenewal, March 2022: AED 20,700 a yearRenewal, March 2023: AED 23,805 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 703 sits

All 215 studios →

703 last sold in December 2009 at AED 990 per sqft, 11% below what studios in The Crescent C were fetching at the time (AED 1,112). 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. 703's AED 23,805 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 7th floor

All 285 units in The Crescent C
Value
7012-bedAED 1.16M · Sep 2010
702StudioAED 487K · Jan 2011
704StudioAED 495K · Nov 2010
705StudioAED 420K · Jul 2025
706StudioAED 547K · Aug 2010
707StudioAED 547K · Jul 2011
7082-bedAED 1.84M · Dec 2013
1–7 of 15

703, The Crescent C in numbers

  • Sold once: by DAMAC on 27 December 2009 for AED 494,515, or AED 990 per sqft.
  • Rented since March 2017 on 7 Ejari contracts. The rent fell from AED 38,000 to AED 18,000 in 2021 and recovered to AED 23,805 by March 2023.
  • At AED 23,805 a year the gross yield on the 2009 price is 4.8%, 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 15 March 2023.

Questions about 703, The Crescent C

What did unit 703 last sell for?

AED 494,515 on 27 December 2009, sold by the developer: AED 990 per sqft for 499 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 23,805 a year on the contract renewed on 15 March 2023. The previous contract, from March 2022, was AED 20,700; the unit has been rented since March 2017.

How big is unit 703?

499 sqft (46.4 sqm): a studio on the 7th floor of a 18-storey tower completed in 2008.

What is unit 703 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 703, The Crescent C

Starts from the last sale price (AED 495K, 27 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 494,515
Deposit, UAE resident (20%)
AED 98,903
Deposit, non-resident (40%)
AED 197,806
Monthly over 25 years at 3.7%
AED 2,023

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