BLVD CRESCENT Tower 1
- Completed 2018
- Master developer Emaar Properties
A 3 bed in BLVD CRESCENT Tower 1 costs a median AED 4.95M, rents long-let for AED 285,000/yr (5.8% gross), and returns 5.3% short-term at the assumed 70% occupancy.
3 bed · typical price
4.95MAED
AED 2,498/sqft · +2.1% on a year
- Rent a year
- AED 285,000
- Gross yield
- 5.8%
- vs Downtown Dubai
- 32% below the median
Cost to buy, all inAED 5.26M
- Price
- AED 4.95M
- DLD fee 4%
- AED 198,000
- Agent 2% + VAT
- AED 103,950
- Trustee
- AED 4,200
Fees repaid by rent13 months
Is BLVD CRESCENT Tower 1 a good investment?The rent pays below the Dubai median
- Does it pay a good rent?5.8% gross, before the service charge (not on file) (Dubai median 6.8%)5.8%Watch
- Are rents going up?New 3 bed leases: AED 302,500 a year ago, AED 285,000 now (pooled across the project)-5.8%
- Are prices going up?3 bed: AED 2,448/sqft a year ago, 2,498 now+2.1%Fair
- How fast do fees pay back?AED 306,150 in fees to buy a 3 bed; rent covers it in 1.1 years1.1 yrs
- Can I sell easily?13 sales in 12 months (29 the year before)13
- Is a lot being built nearby?3,663 apartments are planned in Downtown Dubai from 2026 to 2028, equal to 38% of the 9,689 homes let there today. A further 348 are past their planned date. Downtown Dubai supply by year →38%Fair
- Did earlier buyers gain?Up 54% for buyers 5 years ago; up 28% for launch buyers, before fees+54.3%Context
Readings use published thresholds · 3 bed figures, the most traded type · Data to 12 Oct 2026
BLVD CRESCENT Tower 1 prices and rents by unit typeA three-bed costs about AED 4.95M and rents for about AED 285,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
3 bed · price per sqft · Downtown Dubai · area median AED 3,698/sqft
- 12-month change
- +2.1%
- 3 years
- +19.0% · +6.0%/yr
- 5 years
- +39.0% · +6.8%/yr
- vs area median
- -32.4%
- Rank by price per sqft
- 35th of 39
- Off-plan price gain, 2014–2019
- +23.6% · +2.3%/yr
Rental income
3 bed · Downtown Dubai
- Gross yield
- 5.8%
- Median new rent
- AED 285,000/yr
- Yield vs area median
- +0.9 pts
- Yield vs Dubai (6.8%)
- -1.0 pts
- Yield rank
- 6th of 21
- Renewal rent
- AED 273,000/yr
- New tenants pay vs sitting (15 renewals)
- +4.4%
Short-term income
3 bed · 70% occupancy · 7-night stays · within 500 m
- Median nightly rate
- AED 1,360
- Net revenue
- AED 260,385/yr
- vs long-let rent
- 0.9×
- Listings seen
- 9+
Read with care
- Rental data covers the whole Blvd Crescent project, not this tower alone.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 3 bed: Jun 2014, AED 4,434,555; latest, Sep 2026, AED 5,225,000; peak, Nov 2021, AED 6,227,599.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 2,485 · before fees
- Launch, 2014–19
- 1,938
- +28%
- 181 sales
- 5 years ago
- 1,611
- +54%
- 20 sales
- 3 years ago
- 2,089
- +19%
- 40 sales
- Previous 12 months
- 2,279
- +9%
- 29 sales
- Last 12 months
- 2,485
- today
- 13 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
13 resales in the last 12 months, against 32 a year on average over 2023–2025.
13 resales in the last 12 months.
Short-term rates around BLVD CRESCENT Tower 1
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Downtown Dubai
Every Downtown Dubai building with a page, ranked by price per sqft over the same 12 months, all unit types. BLVD CRESCENT Tower 1 places 53rd of 116; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against BLVD CRESCENT Tower 1 (AED 2,485/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 3 bed, BLVD CRESCENT Tower 1 has registered sale prices 32% below the Downtown Dubai median price per square foot of 3,698 AED, across 39 eligible buildings. It ranks 35th of 39 by price per square foot and 6th of 21 by gross yield in Downtown Dubai.
Market context in Downtown Dubai
Registered sales activity
1,759 ready apartment sales in the 12 months to 2026-10-12.
+0.4% in median AED/sqft versus the preceding year, supported by 1,759 current and 2,575 prior price observations.
Explore sales activityPlanned apartment projects
2,186 known registered units across 5 pending projects planned within one year of the 2026-07-06 register.
1 projects had already passed their planned date; 1 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
3,663 apartments are planned in Downtown Dubai from 2026 to 2028, equal to 38% of the 9,689 homes let there today.
Ready prices per sqft fell in 49% of 109 buildings (counted once per bedroom type) in Downtown Dubai with sales in both years; the typical one moved +0.1%.
New-lease rents fell in 76% of 54 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.7%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The Blvd Crescent towers
3 towers in Blvd Crescent, at the bedroom type above.
Ejari files Blvd Crescent’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.
Downtown Dubai: every development at this typeDowntown Dubai: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 3 bed. A median needs 3 rows; a dash with a count means fewer.
About BLVD CRESCENT Tower 1
BLVD CRESCENT Tower 1 is an apartment building completed in 2018 by Emaar Properties in Downtown Dubai. 262 sales are registered with the Dubai Land Department.
The building, as registered
- Master developer
- Emaar Properties
Drive times · typical
- Downtown
- 8 min · 1.6 km
- DXB Airport
- 16 min · 15 km
- DIFC
- 9 min · 5.7 km
- Dubai Marina
- 21 min · 22 km
- Palm Jumeirah
- 27 min · 26 km
Nearest, as registered
- Metro
- Business Bay Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
BLVD CRESCENT Tower 1: AED 2,485 per sq ft, 2% above the median Downtown Dubai building, and a 3.3% gross yield, in the bottom tenth of the area
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- BLVD CRESCENT Tower 1AED 2,485
- Downtown Dubai, readyAED 2,665
- Downtown Dubai, off-planAED 3,819
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
BLVD CRESCENT Tower 1Downtown Dubai median building
- Downtown Dubai3.3% vs 5.2%
More from Emaar Properties
Burj Khalifa
Downtown Dubai · 115 sales, 12 months
5.00M
AED, resale median · 2,929/sqft
The St. Regis Residences - Tower 1
Downtown Dubai · 67 sales, 12 months
3.70M
AED, resale median · 3,328/sqft
Grande
Downtown Dubai · 61 sales, 12 months
5.45M
AED, resale median · 3,539/sqft
The St. Regis Residences - Tower 2
Downtown Dubai · 56 sales, 12 months
3.91M
AED, resale median · 2,975/sqft
Nearby in Downtown Dubai
Prices per sq ft around BLVD CRESCENT Tower 1, on the mapPrices per sq ft around BLVD CRESCENT Tower 1, on the map
BLVD CRESCENT Tower 2
Downtown Dubai · 4 sales, 12 months
2.73M
AED, resale median · 2,297/sqft
Binghatti Skyblade
Downtown Dubai · 472 sales, 12 months
1.97M
AED, resale median · 3,909/sqft
Burj Khalifa
Downtown Dubai · 115 sales, 12 months
5.00M
AED, resale median · 2,929/sqft
Imperial Avenue
Downtown Dubai · 65 sales, 12 months
3.18M
AED, resale median · 2,385/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 3 bedOn record
- Rental evidence · 3 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Short-term assumptionRead with care
- Costs not includedNot in the yield
Rent or buy
What owning a 3 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from BLVD CRESCENT Tower 1’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 22,011AED
- 4.5% over 25 years
- Monthly rent
- 23,750AED
- AED 285,000 a year
- Cash needed at purchase
- 1,348,650AED
- 20% down plus AED 358,650 in fees
Owning costs AED 988,262 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in BLVD CRESCENT Tower 1?
- BLVD CRESCENT Tower 1 returns 5.8% gross: a median new-contract rent of AED 285,000 a year (13 Ejari contracts in 12 months) over a price benchmark of AED 4.95M (median of 7 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.
- How much does a 3 bedroom in BLVD CRESCENT Tower 1 cost?
- The median registered sale price is AED 4.95M (2,498 AED/sqft), from 7 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in BLVD CRESCENT Tower 1 selling for right now?
- Registered sales of ready units in BLVD CRESCENT Tower 1 over the last 12 months have a median of 2,498 AED/sqft, across 7 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in BLVD CRESCENT Tower 1 risen or fallen?
- Median price per square foot moved +2.1% over the last 12 months against the 12 before it, on 7 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does BLVD CRESCENT Tower 1 compare with Downtown Dubai?
- Its 5.8% gross yield sits +0.9 pts against the Downtown Dubai median of 4.9%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
For agents
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BLVD CRESCENT Tower 1 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 7 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /sale/apartments/dubai/downtown-dubai/blvd-crescent-tower-1
Cite as: Dubai Wealth Index. “BLVD CRESCENT Tower 1 sale prices and yield.” Downtown Dubai, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/downtown-dubai/blvd-crescent-tower-1
Stable dataJSON