The Crescent — project image
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The Crescent

From AED 1.10M·Completed Dec 2008·Accepted payment methods: credit_debit_card, bank_transfe... Payment
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AED 1.10M
Starting Price
Dec 2008
Handover
Accepted payment methods: credit_debit_card, bank_transfe...
Payment Plan
2 BR · Apartments
Type

Project Overview

The Crescent is a residential complex by developer Damac, located in Dubai Production City and recognized as one of the best in the area. The project consists of three towers, each comprising two basement levels, a ground level, and fifteen residential floors. The buildings are designed in the shape of a crescent, giving the complex a distinctive architectural character. Lush landscaped gardens surround the towers, creating an eco-friendly living environment. Apartments offer scenic views of the beautifully maintained landscape and the man-made lake. Interiors are finished in neutral tones with wooden accents that add elegance and a sense of natural harmony. This design approach allows residents to personalize their apartments in any style they prefer. Residents of The Crescent enjoy a variety of amenities, including a swimming pool, a tennis court, a gym, a barbecue area, and a spa center. These facilities help foster a perfect balance between work and personal life. The Crescent is conveniently located near markets, cafes, restaurants, retail outlets, and salons. Sheikh Mohammed Bin Zayed Road and Al Khail Road provide quick access to the city center and other areas of Dubai. Dubai Butterfly Garden is 15 minutes away, while Jumeirah Islands and Dubai Marina can be reached within 20 minutes.

Project Specifications
DeveloperDamac Properties
LocationDubai Production City
Unit Types2 BR, Apartments
AreaDubai Production City
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 47,465 / year
Cash-on-Cash
2.2%
Levered cashflow AED 11,165
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 506,000 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

The Crescent — View 2
The Crescent — View 3
The Crescent — View 4
The Crescent — View 5
The Crescent — View 6
The Crescent — View 7
The Crescent — View 8
The Crescent — View 9

Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

Accepted payment methods: credit_debit_card, bank_transfe...

Published payment summary

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Amenities & Lifestyle

BBQ
Basketball court
Central A/C
Crossfit zone
Intercom
Kids Play Area
Landscaped garden
Lift
Parking
Recreational areas
SPA
Security and CCTV
Shared Pool
Shared gym
Shared gym & fitness
Sports ground
Tennis court

Location

Dubai Production City

Nearby Destinations

Dubai Production City

Developer and Project Facts

01

The Crescent by Damac Properties

02

Located in Dubai Production City

03

Starting from AED 1,100,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Dec 2008

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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RERA Registered
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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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