The Crescent Tower B, Dubai Production City

The Crescent Tower B, Dubai Production City

HIGHLIGHTS

About The Crescent Tower B

Crescent Tower B is a part of The Crescent — a multi-building complex located in Dubai Production City. This complex consists of three 15-storey buildings. It is a development of DAMAC Properties, a renowned property development company in Dubai. The construction of the building started in 2006 and was completed in 2008. Boasting a gleaming blue facade, The Crescent Tower B is known to provide affordable living spaces. The tower consists of studios and 1-bedroom and 2-bedroom apartments.

The Crescent Tower B exterior
The Crescent Tower B in IMPZ

Situated close to Sheikh Mohammed bin Zayed Road and Al Khail Road, the most promising feature of the tower is its exceptional location which gives easy access to every part of the emirate. Many famous attractions are under a 20-minute drive away from the tower and these include Burj Al Arab located in Jumeirah.

Formerly known as The International Media Production Zone (IMPZ) — Dubai Production City is a mixed-use development that features residential and commercial properties. There are many apartments for sale in Dubai Production City that can be a great investment opportunity. The area was developed as a free zone in 2003 and is home to many media production companies. It attracts people from all over the world.

The neighbourhood is bordered by prominent developments such as Jumeirah Village Circle, — a gated residential community known for its tranquil environment and Dubai Sports City — a verdant locality that is home to Dubai International Stadium.

IN A NUTSHELL

  • A 15-storey mid-rise building
  • A part of the larger apartments complex, The Crescent
  • Located in Dubai Production City
  • Apartments consist of studio, 1-bed and 2-bed units
  • 24-hour security, fire-fighting system and concierge services
  • Availability of an expansive swimming pool and a fully-equipped gym
  • A 13-minute walk from City Centre Me’aisem
  • Easy access to Sheikh Mohammed bin Zayed Road and Al Khail Road

BUILDING DETAILS

Facilities in The Crescent Tower B

Parking

Tenants of 1-bedroom flats get one spot, while residents of 2 and 3-bedroom apartments get two spots for parking in Crescent Tower B

Elevators

There are multiple high-speed elevators in Crescent Tower B, which provide access to all floors. 

Security, Central Air-Conditioning and Maintenance Services 

A security staff guards the building round-the-clock to assure the safety of residents. It is monitored by CCTV cameras. All apartments come with air conditioning provided by Empower. Waste is disposed of properly.

Gym and Fitness Facilities

Another distinctive feature of the building is its incredible health club. One can visit the expansive swimming pool for a relaxing swim session. Pool for kids is separately built. You can also benefit from the fully-equipped gymnasium in Crescent Tower B. There is also a tennis court for tennis lovers.

Lifestyle Amenities

Parents renting a home in the tower can take their kids to play in the children’s play area. The building also features a separate BBQ area so that occupants can fire up the grill and invite friends and family for a weekend party. 

Concierge and Guest Services 

Concierge services are provided to guest and there is also a lobby in the building.

Pet-friendly

Unlike many other high-rise buildings in Dubai, pets are allowed on the premises of The Crescent Tower. Also, there are many pet stores nearby. Pet Village in Jumeirah Village Triangle is merely a 10-minute drive away.

Safety Features

The Crescent Tower B has a fire-fighting system installed in the building to deal with any kind of uncertain situation. 

The Crescent Tower B Floor Plans 

The residential units in The Crescent Tower B, IMPZ come in different floor plans and configuration. Here is the floor plan of the apartment building:

  • Studios apartments in The Crescent Tower B consist of one unique unit type
  • 1-bedroom apartments in The Crescent Tower B consist of two different unit types
  • 2-bedroom apartments in The Crescent Tower B consist of one unique unit type

Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit type and bed type you’re interested in by browsing The Crescent Tower B floor plans.

Apartment Types in The Crescent Tower B

Apartments in The Crescent Tower B include studios and 1-bedroom and 2-bedroom apartments. Boasting generous layouts, the living spaces come with a fully-fitted kitchen and modern bathrooms that come with state-of-the-art accessories and faucets. Bedrooms are spacious and come with built-in wardrobes. Some of the units may come with two balconies.

A few of these apartments have balconies that offer views of the lake. Some upgraded abodes come with expensive kitchen appliances and walk-in closets. 

Studio Apartments in The Crescent Tower B

Studio flats in The Crescent Tower B have a built-up area of 499 sq. ft. to 513 sq. ft. These residential units come with an open kitchen, a modern bathroom, a spacious balcony and a large hall.

1-Bedroom Apartments in The Crescent Tower B

1-bedroom flats in The Crescent Tower B cover 900 sq. ft. approx. — which is quite spacious when compared to many other 1-bed flats in Dubai. Each flat comes with two modern bathrooms, a long entrance hall and a roomy living area with a semi-open kitchen and a balcony. The master bedroom has an en-suite bathroom. Every unit comes with two balconies, one attached to the living room and the other one to the bedroom. 

2-Bedroom Apartments in The Crescent Tower B

The covered area for 2-bedroom apartments is 1,278 sq. ft. to 1,400 sq. ft. Coming with two bathrooms, these contain a large living area/dining area with an open plan kitchen. The master bedroom is spacious and comes with an en-suite bathroom. The large balcony is attached to the other bedroom. Some of these units come to a guest bathroom. 

Most Popular Apartment Types in The Crescent Tower B

  • Studio
  • 2-Bed
  • 0
  • 20%
  • 40%
  • 60%
  • 80%

Based on searches conducted by users on Bayut.com over the past 6 months

According to searches on Bayut, the most popular apartment type are studio flats while 2-bedroom apartments follow and stand second in the list.

Rental Trends in The Crescent Tower B

You can buy and rent apartments in The Crescent Tower B:

  • The rental price of studio flats ranges between AED 26k to AED 32k per annum
  • The price to rent a 2-bedroom apartment begins at AED 50k and goes up to AED 60k annually

When it comes to renting, residents will have to pay their annual lease in post-dated cheques. The maximum number of cheques is normally four, but you will have to check with your landlord and your rental lease as this may differ. Moreover, residents can check out other apartments for rent in Dubai Production City and compare them to make a sound decision according to their housing preferences.

Sale Trends in The Crescent Tower B

Those looking to buy apartments in The Crescent Tower B will find it to be an affordable option. Here are the sale trends of the tower:

  • The sale prices of studio flats range from AED 270k to AED 330k
  • Prices for a 2-bedroom apartment for sale can cost you anywhere between AED 580k and AED 900k

The properties in The Crescent Tower B are freehold which means the expat community can also buy apartments here. 

Rental Yield in The Crescent Tower B

  • Studio
  • 2-Bed
  • 0
  • 2%
  • 4%
  • 6%
  • 8%

Based on searches conducted by users on Bayut.com over the past 6 months

The return on investment (ROI) for those looking to invest in The Crescent Tower B is impressive with studios yielding 8.9% ROI minimum. 2-bedroom apartments are another great option for investing as they provide an 8.1% ROI.

Service Charges in The Crescent Tower B

General Fund
Price (AED/Sq. Ft.)
General Fund
Services
Price (AED/Sq. Ft.)
1.97
General Fund
Maintenance
Price (AED/Sq. Ft.)
2.66
General Fund
Utilities Services
Price (AED/Sq. Ft.)
4.36
General Fund
Management Services
Price (AED/Sq. Ft.)
1.07
General Fund
Insurance
Price (AED/Sq. Ft.)
0.20
General Fund
Master Community
Price (AED/Sq. Ft.)
1.35
General Fund
Adjustment
Price (AED/Sq. Ft.)
1.03
General Fund
Income
Price (AED/Sq. Ft.)
-0.57
General Fund
Total
Price (AED/Sq. Ft.)
12.07

These figures are based on the services charges for The Crescent Tower B* as per the Dubai Land Department. Dubai service charges can vary for different properties. Those interesting in purchasing or renting a property in Dubai should go through the details to evaluate the living cost.

*These charges are subject to change.

NEARBY AMENITIES

Transportation near The Crescent Tower B 

Public transportation near The Crescent Tower consists of public buses, trams, metros and taxis. Getting to most parts of the city is easy as residents get easy access to Sheikh Mohammed bin Zayed Road and Al Khail Road, the two main arteries of Dubai.

Bus Stops near The Crescent Tower B

One can find two bus stations close by, Dubai Production City, The Crescent Tower 1 Bus Stop and The Crescent Tower 2 Bus Stop. Both the bus stations take less than five minutes to reach on foot. You can take Bus-81 or F29 to get to The Crescent Tower B.

Metro Stations near The Crescent Tower B

DMCC Metro Station is the nearest metro station and it takes a 14-minute drive to reach there.

Tram Stations near The Crescent Tower B

The nearest tram stop is Jumeirah Beach Residence Tram Station is 16 minutes away whereas Palm Jumeirah Tram Station is 17 minutes drive away.

Restaurants near The Crescent Tower B

There are many restaurants near The Crescent Tower B

  • Al-Shams 
  • The Big Wok
  • Chili’s
  • Gazebo
  • Puranmal

Al-Shams, an Indian restaurant, is located on the ground floor of Damac Lago Vista at a two minutes walk. The cosy eatery serves a selection of south-Asian, Chinese and Arabian fares. Serving American cuisine, Chili’s is another restaurant in City Centre Me’aisem at just a 13-minute walk away. Some must-try items include fajita, steaks, burgers, and nachos. Known for its fried rice and noodle, The Big Wok is another casual dining option situated a 7-minute drive away. It is situated on the first floor of the Circular Building. Gazebo and Puranmal are also some of the close located restaurants. Gazebo is a 3-minute drive away while Puranmal is reachable within 7 minutes of driving.

Fine-dining restaurants in the area include:

  • The Cavendish
  • Stay by Yannick Alleno
  • Tresind

The Cavendish is located at a distance of 18 minutes and it serves a range of diversified menu. It covers British and Mediterranean dishes mainly. One can also visit Stay by the world-famous chef, Yannick Alleno. Stay is 29 minutes away from the building. Tresind is also located at a distance of 30 minutes and it serves a large variety of Indian cuisine.

Supermarkets near The Crescent Tower B

One can find numerous supermarkets near The Crescent Tower B. Some are:

  • Carrefour
  • Starmart
  • West Zone Fresh
  • W Mart

The outpost of the renowned hypermarket chain — Carrefour in City Centre Me’aisem, is a blessing for residents. Providing a relaxing shopping experience, the large supermarket offers a variety of products from groceries and vegetables to home improvement products and accessories.

Although for small stock or impulse buying, Starmart supermarket is another option which is only a two minutes walk from the residence. You can also visit the West Zone Fresh, another notable option that takes 4 minutes to reach on foot. Next to it, you can spot W Mart, 6 minutes walk away.

NEARBY BUILDINGS

Buildings near The Crescent Tower B:

  • DAMAC Lago Vista Tower
  • Lakeside Tower

DAMAC Lago Vista Tower and Lakeside Tower are located in the neighbourhood. Both are residential buildings reachable within 2 minutes of driving.

Major Landmarks

Dubai Autodrome
Dubai Autodrome

Some major landmarks near the tower are:

  • Dubai International Cricket Stadium
  • The Els Golf Club
  • Dubai Autodrome

Dubai International Cricket Stadium is a multi-purpose sports venue in Dubai Sports City that hosts numerous international cricket matches throughout the year. It is located at a drive of 8 minutes. Dubai Autodrome is another renowned landmark near the building which takes 11 minutes to reach. The well-known golfing destination — The Els Club is also accessible within 13 minutes.

THINGS TO CONSIDER

Located near many prominent roads, The Crescent Tower B is known for providing accommodation at affordable prices. Although, you won’t find the interior of the living spaces to be much fancy since the building is among one of the oldest residential structures that were built on Dubai Production City after its completion. 

Are you looking to buy or rent apartments in The Crescent Tower B?

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