What is the rental yield in BLVD CRESCENT Tower 1?

BLVD CRESCENT Tower 1 returns 5.89% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 58 rental contracts registered in the last 24 months.

How much does a 2 bedroom in BLVD CRESCENT Tower 1 cost?

The median registered sale price is AED 3.35M (2,266 AED/sqft), from 15 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

Have prices in BLVD CRESCENT Tower 1 risen or fallen?

Median price per square foot moved +0.7% over the last 12 months against the 12 before it, on 15 registered sales. On a sample this size, read the direction rather than the exact figure.

Does BLVD CRESCENT Tower 1 earn more short-let than long-let?

A night asks a median of AED 927, which models to 6.09% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 5.89% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

Did off-plan buyers in BLVD CRESCENT Tower 1 make money?

Units bought off-plan between 2014 and 2019 later resold +7.4% against their launch median. Only units that actually resold can appear, so this figure skews toward the ones that performed.

BLVD CRESCENT Tower 1 — rental prices & yield

Buy: 3.35MAED; AED 2,266/sqft
Long-let: 188,399AED; AED 123/sqft · 5.89%
Short-let: 6.09%; AED 927/night · 0.63/sqft

Priced off the last 5 sales — most recent August 2026.

Yield spread: +0.0 pts; vs the Downtown Dubai median for this unit type
AED/yr/sqft: AED 123
Sales: 15
Rental contracts: 58
Renewal rent: AED 189,000/yr

12 months: -2.6%
3 years: -1.3%-0.4%/yr

Based on 15 sales and 58 rental contracts in the last 24 months. Rental data covers the whole Blvd Crescent project, not this tower alone.

BLVD CRESCENT Tower 1 is an apartment building in Downtown Dubai, Dubai, one of the towers in the Blvd Crescent development. The closest metro station is Business Bay Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2015 to 2026, 520 registered sales in all — the 15 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in BLVD CRESCENT Tower 1, by year.

Monthly median AED per sqft per year, smoothed over three months. The band along the bottom is the number of records each month.

Rents by bedroom type

Type	Median rent	AED/yr/sqft	Yield	Contracts
1 bed	AED 132,000	132	7.55% +1.4 pts	69
2 bed	AED 188,399	123	5.89% +0.0 pts	58
3 bed	AED 300,000	136	6.06% +0.6 pts	30

Deltas compare each yield with the Downtown Dubai median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around BLVD CRESCENT Tower 1

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
1 bed	700	0.71	AED 156,086	AED 132,000	1.2×	7.28%	3+
2 bed500m	927	0.63	AED 203,929	AED 188,399	1.1×	6.09%	37+
3 bed500m	1,360	0.67	AED 301,646	AED 300,000	1.0×	6.09%	9+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because BLVD CRESCENT Tower 1 itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

13 resales in the last 12 months, against 32 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
21 Aug 2026	2 bed	1,411	AED 3,200,000	2,267
13 Jul 2026	2 bed	1,413	AED 3,140,000	2,223
9 Jul 2026	3 bed	2,507	AED 4,499,225	1,795
2 Jul 2026	1 bed	908	AED 2,325,000	2,560

4 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro: Business Bay Metro Station
Mall: Dubai Mall
Landmark: Downtown Dubai

Compare with nearby buildings

The most-traded buildings in Blvd Crescent, on the same figures over the same window.

Highest rental yields in Downtown Dubai · BLVD CRESCENT Tower 1 places 38th of 55

BLVD CRESCENT Tower 2 · 4.52%
BLVD CRESCENT Podium · 6.88%
Grande · 3.60%
Forte T1 · 5.41%
Forte T2 · 5.63%
The Address Residences Dubai Opera T1 · 6.38%
The Address Residences Dubai Opera T2 · 6.54%
Act One Act Two Tower 2 · 6.55%

Common questions

What is the rental yield in BLVD CRESCENT Tower 1?: BLVD CRESCENT Tower 1 returns 5.89% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 58 rental contracts registered in the last 24 months.
How much does a 2 bedroom in BLVD CRESCENT Tower 1 cost?: The median registered sale price is AED 3.35M (2,266 AED/sqft), from 15 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in BLVD CRESCENT Tower 1 risen or fallen?: Median price per square foot moved +0.7% over the last 12 months against the 12 before it, on 15 registered sales. On a sample this size, read the direction rather than the exact figure.
Does BLVD CRESCENT Tower 1 earn more short-let than long-let?: A night asks a median of AED 927, which models to 6.09% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 5.89% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.
Did off-plan buyers in BLVD CRESCENT Tower 1 make money?: Units bought off-plan between 2014 and 2019 later resold +7.4% against their launch median. Only units that actually resold can appear, so this figure skews toward the ones that performed.

BLVD CRESCENT Tower 1