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BLVD CRESCENT Tower 1

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.

Satellite view of BLVD CRESCENT Tower 1, Downtown Dubai, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

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

Against this building’s registered sales of the same type.

Ask about BLVD CRESCENT Tower 1 →

Is BLVD CRESCENT Tower 1 a good investment?The rent pays below the Dubai median

  1. Does it pay a good rent?5.8% gross, before the service charge (not on file) (Dubai median 6.8%)5.8%Watch
  2. Are rents going up?New 3 bed leases: AED 302,500 a year ago, AED 285,000 now (pooled across the project)-5.8%
  3. Are prices going up?3 bed: AED 2,448/sqft a year ago, 2,498 now+2.1%Fair
  4. 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
  5. Can I sell easily?13 sales in 12 months (29 the year before)13
  6. 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
  7. 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

Check an asking price →How each reading works →

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

TypeMedian priceGross yieldNew rent12-month changeSales
1 bedAED 2.33M2,560/sqft5.5%-0.0 ptsAED 128,00037 contractsunder 5 sales in a year3
2 bedAED 3.20M2,267/sqft5.7%+0.2 ptsAED 181,30030 contractsunder 5 sales in a year3
3 bedAED 4.95M2,498/sqftlaunch 2,000 +24.9%5.8%+0.9 ptsAED 285,00013 contracts+2.1%7
Appreciation, rental income and short-term detail, by unit type

Appreciation

3 bed · price per sqft · Downtown Dubai · area median AED 3,698/sqft

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

Rental income

3 bed · Downtown Dubai

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.

Median price paid, 3 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

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%
5 years ago
1,611
+54%
3 years ago
2,089
+19%
Previous 12 months
2,279
+9%
Last 12 months
2,485
today

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.

DateTypeSqftPriceAED/sqft
16 Sept 20263 bed1,982AED 4,950,0002,498
3 Sept 20263 bed2,227AED 5,500,0002,470
21 Aug 20262 bed1,411AED 3,200,0002,267
13 Jul 20262 bed1,413AED 3,140,0002,223
9 Jul 20263 bed2,507AED 4,499,2251,795
2 Jul 20261 bed908AED 2,325,0002,560
6 Mar 20262 bed1,413AED 3,380,0002,393
5 Mar 20261 bed636AED 1,581,1042,485
26 Feb 20263 bed1,982AED 5,415,8882,733
24 Feb 20263 bed1,978AED 4,950,0002,503

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.

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
1 bed3+ listings seen7000.77/sqftAED 135,785AED 128,0001.1×5.8%
2 bed500 m cluster · 37+ listings seen9270.66/sqftAED 176,465AED 181,3001.0×5.5%
3 bed500 m cluster · 9+ listings seen1,3600.69/sqftAED 260,385AED 285,0000.9×5.3%

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly 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.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
49AltajerAED 3.75M2,624+5.6%—+7.7%15
50Residences_E3AED 3.55M2,617+5.3%——4
51Blvd Heights T1Completed 2020 · off-plan 1,982/sqftAED 3.75M2,605+4.8%5.5%+8.9%23
52Exquisite Living ResidencesCompleted 2026 · off-plan 2,493/sqftAED 3.35M2,520+1.4%—-7.9%14
53BLVD CRESCENT Tower 1 · this buildingCompleted 2018 · off-plan 1,928/sqftAED 4.50M2,4853.3%+9.0%13
54Elegance TowerCompleted 2026 · off-plan 2,566/sqftAED 2.44M2,465-0.8%5.2%-3.6%9
55The Residences II - Tower 1AED 3.15M2,457-1.1%—+3.2%8
56AZHA Downtown Residences8% · Q3 2027 · off-plan 2,390/sqftAED 4.07M2,452-1.3%—+2.7%10
57Bellevue Towers-2Completed 2020 · off-plan 1,772/sqftAED 1.60M2,451-1.4%7.2%+1.8%10

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 activity

Planned 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 supply

Supply 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 counted
Find service-charge budget evidence for BLVD CRESCENT Tower 1

Direct 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.

TowerPriceAED/sqftRent a yearGross yield
BLVD CRESCENT Podium—none—AED 285,000project pool—
BLVD CRESCENT Tower 1 · this buildingAED 4.95M7 sales2,498AED 285,000project pool5.8%
BLVD CRESCENT Tower 2—none—AED 285,000project pool—

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 type
DevelopmentRent a yearPriceAED/sqftGross yield
29 Boulevard3 towers · rent filed for the project—2 contracts, too fewAED 4.00M3 sales2,371—
Act One | Act Two2 towers · rent filed for the projectAED 290,00035 contractsAED 5.50M11 sales3,1105.3%
Baccarat Hotel and Residences, Dubai2 towers—noneAED 20.12M12 sales4,622—
Bellevue Towers2 towers · rent filed for the projectAED 280,0003 contractsAED 8.30M3 sales2,7523.4%
Blvd Crescent · this development3 towers · rent filed for the projectAED 285,00013 contractsAED 4.95M7 sales2,4985.8%
Blvd Heights3 towers · rent filed for the projectAED 315,42520 contractsAED 6.94M5 sales2,6054.5%
Burj Vista2 towers · rent filed for the projectAED 330,00043 contractsAED 7.51M14 sales3,8374.4%
Claren 13 towers · rent filed for the projectAED 238,7173 contracts—2 sales, too few——
DD Stand Point2 towers · rent filed for the project—1 contract, too few—none——
Forte2 towers · rent filed for the projectAED 235,00082 contractsAED 5.05M30 sales3,0224.7%
The Address Dubai Opera2 towers · rent filed for the projectAED 360,00058 contractsAED 7.60M13 sales4,7984.7%
The Address Residence - Sky View3 towers—noneAED 8.65M12 sales4,259—
The St. Regis Residences, Downtown Dubai2 towers—noneAED 7.85M10 sales4,171—
Vida Dubai Mall2 towers · rent filed for the projectAED 332,01110 contractsAED 6.90M6 sales4,1064.8%
All of Downtown Dubaievery building, in a project or notAED 300,000583 contractsAED 7.10M326 sales3,4634.2%

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.

Pinned from Google's place record for the registered name.Open in Google Maps

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

  1. BLVD CRESCENT Tower 1AED 2,485
  2. Downtown Dubai, readyAED 2,665
  3. Downtown Dubai, off-planAED 3,819
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

BLVD CRESCENT Tower 1Downtown Dubai median building

  1. Downtown Dubai3.3% vs 5.2%
Line: the 10th to 90th percentile of 55 buildings in Downtown Dubai. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Downtown Dubai, by handover quarter

More from Emaar Properties

Nearby in Downtown Dubai

Prices per sq ft around BLVD CRESCENT Tower 1, on the map
Pills show median sale price, AED. 94 buildings pinned from Google place records and Apple geocoding · BLVD CRESCENT Tower 1 is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

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 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.

Residency
More 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.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

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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.

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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
Method
Definitions and calculations

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