Studio · 534 sqftThe Crestmark, Business Bay · 4th floor

407, The Crestmark

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

Unit 407 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.51M1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, The Crestmark

What is 407 worth today?

Last sold for AED 1,506,828 in 2024

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1 Jul 2024Sold by developerOff-plan
AED 1,506,828AED 2,820 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
Studio apartment
Size
534 sqft
Floor
4th of 21
Parking
1
Developer
Ellington Properties Development
Last sold
AED 1.51M · July 2024

About 407, The Crestmark

407 is a studio of 534 sqft on the 4th floor of The Crestmark, a 21-storey tower in Business Bay by Ellington Properties Development . The developer sold it on 1 July 2024 for AED 1,506,828, or AED 2,820 per sqft, 3% below the AED 2,920 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical studio in The Crestmark
1.45M1.48M1.5M202420252026Typical sale price by year: 2024 AED 1,455,328; 2025 AED 1,453,828Sold by developer, July 2024: AED 1,506,828 (AED 2,820 per sqft)

407 has sold once; the dashed line is the studio median of each year in the building.

Studios in The Crestmark, and where 407 sits

All 16 studios →

407 last sold in July 2024 at AED 2,820 per sqft, 3% below what studios in The Crestmark were fetching at the time (AED 2,920). Over the last 12 months studios sold for AED 1,290,828, around AED 2,598 per sqft.

Recent studio salesUnit no.Price (AED)Summary
23 Jan 20261,290,828
6 Oct 20251,653,828
13 Jun 20251,453,828
8 May 20251,324,137
1 studio sale 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 4th floor

All 187 units in The Crestmark
Value
4011-bedAED 2.08M · Sep 2025
4023-bedAED 4.27M · Mar 2024
4032-bedAED 3.49M · Apr 2024
4042-bedAED 3.34M · Dec 2024
4052-bedAED 2.81M · Feb 2024
4061-bedAED 2.55M · May 2024

407, The Crestmark in numbers

  • Sold once: by Ellington Properties Development on 1 July 2024 for AED 1,506,828, or AED 2,820 per sqft.
  • Studios in The Crestmark sold for AED 1,290,828–1,290,828 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 1 July 2024.

Questions about 407, The Crestmark

What did unit 407 last sell for?

AED 1,506,828 on 1 July 2024, sold by the developer: AED 2,820 per sqft for 534 sqft. It is the only registered sale of the unit.

How big is unit 407?

534 sqft (49.6 sqm): a studio on the 4th floor of a 21-storey tower.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Crestmark sold for AED 1,290,828 to 1,290,828 in the last 12 months, around AED 2,598 per sqft.

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Mortgage on 407, The Crestmark

Starts from the last sale price (AED 1.51M, 1 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,506,828
Deposit, UAE resident (20%)
AED 301,366
Deposit, non-resident (40%)
AED 602,731
Monthly over 25 years at 3.7%
AED 6,165

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