2-bed · 1,313 sqftThe Crescent C, Dubai Production City (IMPZ) · 7th floor · completed 2008

716, The Crescent C

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 11 June 2024
Last soldAED 765K11 June 2024
Current rentAED 40K /yr12 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 716, The Crescent C

What is 716 worth today?

Last sold for AED 765,000 in 2024

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11 Jun 2024SoldReady
AED 765,000AED 582 per sqft
6 Jan 2021SoldReady
AED 550,000AED 418 per sqft
12 Jul 2019RentedRenewal
AED 40,000/yr12 months · AED 30 per sqft
12 Jul 2018RentedRenewal
AED 65,000/yr12 months · AED 49 per sqft
12 Jul 2017RentedNew contract
AED 75,000/yr12 months · AED 57 per sqft
12 Jul 2015RentedNew contract
AED 85,000/yr12 months · AED 65 per sqft
1 Nov 2013RentedNew contract
AED 50,000/yr12 months · AED 38 per sqft
1 Oct 2013Sold by developerReady
AED 1,069,960AED 814 per sqft

Source: Dubai Land Department. Updated 11 June 2024.

Key facts

Type
2-bed apartment
Size
1,313 sqft
Floor
7th of 18
Parking
P3-13, P3-15
Developer
DAMAC
Completed
2008
Service charge
AED 18,900 /yr
Last sold
AED 765K · June 2024

About 716, The Crescent C

716 is a two-bedroom apartment of 1,313 sqft on the 7th floor of The Crescent C, a 18-storey tower in Dubai Production City (IMPZ) completed in 2008 by DAMAC. It last sold on 11 June 2024 for AED 765,000, or AED 582 per sqft, 7% above the AED 546 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 12 July 2019, is AED 40,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 18,900 a year.

Sales and rents for 716 over time

Sales
Unit 716, each saleTypical two-bed in The Crescent C
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,211,500; 2010 AED 1,276,000; 2011 AED 1,128,000; 2012 AED 1,355,000; 2013 AED 1,225,000; 2014 AED 1,090,000; 2015 AED 1,008,500; 2016 AED 900,000; 2017 AED 835,000; 2018 AED 790,000; 2020 AED 522,500; 2021 AED 495,000; 2022 AED 552,750; 2024 AED 745,000; 2025 AED 887,500; 2026 AED 935,000Sold by developer, October 2013: AED 1,069,960 (AED 814 per sqft)Sold, January 2021: AED 550,000 (AED 418 per sqft)Sold, June 2024: AED 765,000 (AED 582 per sqft)

716 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 716, each contractTypical two-bed in The Crescent C
50K75K2012201620202024Typical rent by year: 2012 AED 40,500; 2013 AED 49,000; 2014 AED 62,000; 2015 AED 77,500; 2016 AED 80,000; 2017 AED 72,000; 2018 AED 65,000; 2019 AED 57,500; 2020 AED 45,500; 2021 AED 40,000; 2022 AED 47,000; 2023 AED 52,800; 2024 AED 62,950; 2025 AED 74,792; 2026 AED 75,000New contract, November 2013: AED 50,000 a yearNew contract, July 2015: AED 85,000 a yearNew contract, July 2017: AED 75,000 a yearRenewal, July 2018: AED 65,000 a yearRenewal, July 2019: AED 40,000 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 C, and where 716 sits

All 70 2-beds →

716 last sold in June 2024 at AED 582 per sqft, 7% above what two-beds in The Crescent C were fetching at the time (AED 546). Over the last 12 months two-beds sold for AED 790,000 to 1,116,000, around AED 707 per sqft, and rent for AED 60,000 to 96,000 a year. 716's AED 40,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Oct 2026790,000
15 Sep 2026940,000
27 Aug 2026900,000
8 May 2026905,000
8 2-bed 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
703StudioAED 495K · Dec 2009
704StudioAED 495K · Nov 2010
705StudioAED 420K · Jul 2025
706StudioAED 547K · Aug 2010
707StudioAED 547K · Jul 2011
1–7 of 15

716, The Crescent C in numbers

  • Sold 3 times: first on 1 October 2013 for AED 1,069,960, last on 11 June 2024 for AED 765,000 (AED 582 per sqft).
  • Rented since November 2013 on 5 Ejari contracts, from AED 50,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 18,900 a year (AED 14.38 per sqft).
  • Two-beds in The Crescent C sold for AED 790,000–1,116,000 in the 12 months to November 2026; the building's median across all types is AED 811 per sqft.

Source: Dubai Land Department. Updated 11 June 2024.

Questions about 716, The Crescent C

What did unit 716 last sell for?

AED 765,000 on 11 June 2024: AED 582 per sqft for 1,313 sqft. The unit has 3 registered sales; the first was AED 1,069,960 in October 2013.

What is the rent for unit 716?

AED 40,000 a year on the contract renewed on 12 July 2019. The previous contract, from July 2018, was AED 65,000; the unit has been rented since November 2013.

How big is unit 716?

1,313 sqft (122.0 sqm): a two-bedroom apartment on the 7th floor of a 18-storey tower completed in 2008.

What is unit 716 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 C sold for AED 790,000 to 1,116,000 in the last 12 months, around AED 707 per sqft.

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Mortgage on 716, The Crescent C

Starts from the last sale price (AED 765K, 11 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 765,000
Deposit, UAE resident (20%)
AED 153,000
Deposit, non-resident (40%)
AED 306,000
Monthly over 25 years at 3.7%
AED 3,130

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