Crescent Towers
About the project
(sq. ft.)
Crescent Towers is a residential complex made up of three towers with heights ranging from 15 to 21 floors. It is located in Dubai Production City, a family-friendly area of Dubai that was formerly called the International Media Production Zone. The developer of the project is Damac Properties, and it was commissioned in 2008.
Properties include studios and apartments with one- and two-bedroom floor plans. Studios have a minimum size of 46 sq. m (500 sq. ft.), and apartments range in size from 116 sq. m (1,256 sq. ft.) to 130 sq. m (1,440 sq. ft.). One-bedroom apartments feature two balconies, spacious kitchens, stylist living rooms, and walk-in closets. Two-bedroom apartments come with extra features, such as two bathrooms, pantries, and separate dining areas.
Residents can enjoy a variety of onsite amenities, including:
- Tennis court
- Swimming pools
- Gardens
- Gym
- Spa and Jacuzzis
- Children’s playground
- Parking
- Barbecue area
- 24-hour security
- Concierge services
- High-speed elevators
- Intercom and fire alarm systems
- Pet-friendly accommodations
The price of a studio starts at USD 66,000 (AED 260,000), and the annual rental rate for a studio starts at USD 8,000 (AED 30,000).
*The price is valid for 2021
Location
Crescent Towers is located in Dubai Production City. Residents have easy access to Mohammed bin Zayed Road and Al Khail Road, which offer direct links to other parts of the city. The nearest bus stop is situated next to the complex, and the nearest Metro station is Damac Properties, which can be reached within a 10-minute walk.
For groceries, residents can shop at the nearby Carrefour and Spinneys supermarkets, which are conveniently situated within walking distance of the residences.
The complex is located within a short drive of many popular city attractions, including:
- City Center Me’aisem – 10 minutes
- Artificial lake area in Dubai Production City – 10 minutes
- Dubai Sports City – 10 minutes
- Dubai Butterfly Garden – 15 minutes
- Palm Jumeirah and Dubai Marina – 20 minutes
Residents with children can choose from a selection of local schools and nurseries. Kids World Nursery JVC is located within a 15-minute drive of the residences, and Renaissance School in Dubai Sports City can be reached within a 10-minute drive.
Return on investment
Dubai Production City offers ‘freehold’ properties that are in demand among tourists wishing to stay near Dubai Sports City and Palm Jumeirah, as well as numerous golf clubs and sports facilities. Units are also in demand among professionals who come to Dubai on extended business trips with their families. Al Quoz Industrial Area and Business Bay can be reached within a 25-minute drive of the residences.
Crescent Towers offers several profitable investment opportunities. Studios have a return on investment rate of 8.6%, and apartments have a return rate of 8.0%.
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Metropolitan Premium Properties
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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