2-bed · 1,359 sqftThe Crestmark, Business Bay · 16th floor

1607, The Crestmark

Sold prices and rental history: sold once, by the developer in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 22 February 2024
Last soldAED 3.69M22 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, The Crestmark

What is 1607 worth today?

Last sold for AED 3,690,828 in 2024

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22 Feb 2024Sold by developerOff-plan
AED 3,690,828AED 2,715 per sqft

Source: Dubai Land Department. Updated 22 February 2024.

Key facts

Type
2-bed apartment
Size
1,359 sqft
Floor
16th of 21
Parking
1
Developer
Ellington Properties Development
Last sold
AED 3.69M · February 2024

About 1607, The Crestmark

1607 is a two-bedroom apartment of 1,359 sqft on the 16th floor of The Crestmark, a 21-storey tower in Business Bay by Ellington Properties Development . The developer sold it on 22 February 2024 for AED 3,690,828, or AED 2,715 per sqft, in line with the AED 2,732 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1607 over time

Sales
Unit 1607, each saleTypical two-bed in The Crestmark
3.4M3.6M2024202520262027Typical sale price by year: 2024 AED 3,491,828; 2025 AED 3,345,828; 2026 AED 3,283,828Sold by developer, February 2024: AED 3,690,828 (AED 2,715 per sqft)

1607 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in The Crestmark, and where 1607 sits

All 78 2-beds →

1607 last sold in February 2024 at AED 2,715 per sqft, in line with what two-beds in The Crestmark were fetching at the time (AED 2,732). Over the last 12 months two-beds sold for AED 3,044,828 to 3,962,828, around AED 2,818 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Jun 20263,962,828
17 Apr 20263,045,828
9 Apr 20263,283,828
23 Jan 20263,044,828
5 2-bed sales in the last 12 months

The Crestmark

Building

187 apartments, studios to 4-bed over 21 floors in Business Bay by Ellington Properties Development . 17 sold in the last 12 months.

Typical price per sqft
AED 2,596 Down 3.9%
Typical sale
AED 2.55M
Typical rent
Few contracts
Typical yield
The Crestmark, Business Bay: prices, sales and rents →

Other units on the 16th floor

All 187 units in The Crestmark
Value
16011-bedAED 2.58M · Feb 2024
16022-bedAED 3.22M · Feb 2024
16033-bedAED 4.65M · Feb 2024
16042-bedAED 3.88M · Feb 2024
16051-bedAED 2.15M · Feb 2024
16063-bedAED 4.52M · Feb 2024
16082-bedAED 3.37M · Feb 2024
1–7 of 10

1607, The Crestmark in numbers

  • Sold once: by Ellington Properties Development on 22 February 2024 for AED 3,690,828, or AED 2,715 per sqft.
  • Two-beds in The Crestmark sold for AED 3,044,828–3,962,828 in the 12 months to November 2026; the building's median across all types is AED 2,596 per sqft.

Source: Dubai Land Department. Updated 22 February 2024.

Questions about 1607, The Crestmark

What did unit 1607 last sell for?

AED 3,690,828 on 22 February 2024, sold by the developer: AED 2,715 per sqft for 1,359 sqft. It is the only registered sale of the unit.

How big is unit 1607?

1,359 sqft (126.3 sqm): a two-bedroom apartment on the 16th floor of a 21-storey tower.

What is unit 1607 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Crestmark sold for AED 3,044,828 to 3,962,828 in the last 12 months, around AED 2,818 per sqft.

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Mortgage on 1607, The Crestmark

Starts from the last sale price (AED 3.69M, 22 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,690,828
Deposit, UAE resident (20%)
AED 738,166
Deposit, non-resident (40%)
AED 1,476,331
Monthly over 25 years at 3.7%
AED 15,100

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →