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ReadyHanded over

The Crescent

by DAMAC Properties Me'Aisem First

About The Crescent

The Crescent is a residential development by DAMAC Properties, in Me'Aisem First, Dubai. The project comprises 863 homes across 3 buildings.

Key information

DAMAC Properties
Developer
DAMAC Properties
Handover
Q4 2008
Status
Handed over
Location
Me'Aisem First, Dubai
Master project
International Media Production Zone
Construction started
2006
Number of buildings
3
Number of units
863
Service charge
AED 15/sqft
Registered with DLD
08 Nov 2008
Escrow bank
Abu Dhabi Commercial Bank
Escrow account no.
632291159001
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2006
  2. Handed over
    Q4 2008

Amenities

Physical features recorded on the Dubai Land Department buildings register.

19 Floors
Retail & Shops
848 Residential Units

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales
2,041
Median price
AED 474K
Median price / sqft
AED 813-1%
Off-plan share
2%

Priced 26% below than the Me'Aisem First median of AED 1K/sqft.

Sold by bedroom

LayoutSoldTypical sizeAvg priceAvg / sqft
Studio1,504503 sqftAED 422KAED 841
1 Bed621,193 sqftAED 758KAED 634
2 Bed4331,313 sqftAED 994KAED 757

Price per sqft by year

-1% since 2009

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
03 Sept 2026Resale499 sqftAED 435KAED 872
28 Aug 2026Resale1,313 sqftAED 900KAED 685
28 Aug 2026Resale499 sqftAED 415KAED 832
18 Aug 2026Resale499 sqftAED 422KAED 846
17 Aug 2026Resale482 sqftAED 530KAED 1K
06 Aug 2026Resale496 sqftAED 420KAED 847
28 Jul 2026Resale499 sqftAED 480KAED 962
15 Jul 2026Resale499 sqftAED 395KAED 792

Unit mix

863 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
Shop15-
Studio636496 - 513 sqft
1 B/R241,150 - 1,278 sqft
2 B/R1881,276 - 1,328 sqft

Payment plan

Payment plans are set by DAMAC Properties and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Me'Aisem First, Dubai.

Me'Aisem First

Dubai, United Arab Emirates

Frequently asked questions

The Crescent has already been handed over (Q4 2008), according to Dubai Land Department records.

Other new projects in Me'Aisem First

More off-plan launches around Me'Aisem First.

Handover Q4 2008100% complete

The Crescent

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