Studio · 495 sqftUpper Crest, Downtown Dubai · 10th floor · completed 2015

1008, Upper Crest

Sold prices and rental history: sold twice, last in April 2020, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 25 December 2025
Last soldAED 650K6 April 2020
Current rentAED 60K /yr25 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Upper Crest

What is 1008 worth today?

Last sold for AED 650,000 in 2020

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25 Dec 2025RentedNew contract
AED 60,000/yr12 months · AED 121 per sqft
20 Oct 2024RentedNew contract
AED 60,000/yr12 months · AED 121 per sqft
31 Aug 2023RentedNew contract
AED 50,000/yr12 months · AED 101 per sqft
3 Aug 2022RentedNew contract
AED 48,000/yr12 months · AED 97 per sqft
16 Mar 2022RentedNew contract
AED 49,000/yr12 months · AED 99 per sqft
3 May 2021RentedRenewal
AED 39,000/yr12 months · AED 79 per sqft
3 May 2020RentedNew contract
AED 48,000/yr12 months · AED 97 per sqft
6 Apr 2020SoldReady
AED 650,000AED 1,312 per sqft

Source: Dubai Land Department. Updated 25 December 2025.

Key facts

Type
Studio hotel apartment
Size
495 sqft
Floor
10th of 43
Parking
nan
Developer
DAMAC
Completed
2015
Last sold
AED 650K · April 2020
Building
Upper Crest

About 1008, Upper Crest

1008 is a studio of 495 sqft on the 10th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 6 April 2020 for AED 650,000, or AED 1,312 per sqft, 5% below the AED 1,375 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 25 December 2025, is AED 60,000 a year: a gross yield of 9.2% on the 2020 price.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical studio in Upper Crest
500K1M1.5M2012201620202024Typical sale price by year: 2012 AED 902,550; 2013 AED 1,350,130; 2014 AED 1,365,000; 2016 AED 1,226,950; 2020 AED 572,500; 2022 AED 790,000; 2023 AED 885,507; 2024 AED 885,722Sold by developer, March 2012: AED 957,250 (AED 1,932 per sqft)Sold, April 2020: AED 650,000 (AED 1,312 per sqft)

1008 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1008, each contractTypical studio in Upper Crest
40K60K2017202020232026Typical rent by year: 2017 AED 65,000; 2018 AED 60,000; 2019 AED 55,000; 2020 AED 46,000; 2021 AED 40,000; 2022 AED 52,000; 2023 AED 60,000; 2024 AED 66,500; 2025 AED 68,250; 2026 AED 65,000New contract, September 2017: AED 60,000 a yearNew contract, May 2018: AED 57,000 a yearNew contract, May 2020: AED 48,000 a yearRenewal, May 2021: AED 39,000 a yearNew contract, March 2022: AED 49,000 a yearNew contract, August 2022: AED 48,000 a yearNew contract, August 2023: AED 50,000 a yearNew contract, October 2024: AED 60,000 a yearNew contract, December 2025: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Upper Crest, and where 1008 sits

All 70 studios →

1008 last sold in April 2020 at AED 1,312 per sqft, 5% below what studios in Upper Crest were fetching at the time (AED 1,375). Over the last 12 months studios sold for AED 1,000,000, around AED 2,264 per sqft, and rent for AED 48,000 to 90,000 a year. 1008's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Apr 20261,000,000
1 Apr 20261,000,000
21 Jul 2025980,000
28 Aug 2024920,000
2 studio sales in the last 12 months

Upper Crest

Building

390 apartments, studios to 3-bed over 43 floors in Downtown Dubai, completed in 2015 by DAMAC. 26 sold in the last 12 months.

Typical price per sqft
AED 1,714 Up 3.0%
Typical sale
AED 1.85M
Typical rent
AED 96K /yr
Typical yield
6.4%
Upper Crest, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 390 units in Upper Crest
Value
10012-bedAED 2.74M · Jul 2014
1002StudioAED 746K · Oct 2012
10031-bedAED 1.75M · Oct 2015
10041-bedAED 1.75M · Apr 2015
10051-bedAED 1.45M · Sep 2023
10061-bedAED 1.64M · Apr 2023
10073-bedAED 4.3M · Sep 2013
1–7 of 10

1008, Upper Crest in numbers

  • Sold twice: first on 20 March 2012 for AED 957,250, last on 6 April 2020 for AED 650,000 (AED 1,312 per sqft).
  • Rented since September 2017 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 39,000 in 2021 and recovered to AED 60,000 by December 2025.
  • At AED 60,000 a year the gross yield on the 2020 price is 9.2%.
  • Studios in Upper Crest sold for AED 1,000,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,714 per sqft.

Source: Dubai Land Department. Updated 25 December 2025.

Questions about 1008, Upper Crest

What did unit 1008 last sell for?

AED 650,000 on 6 April 2020: AED 1,312 per sqft for 495 sqft. The unit has 2 registered sales; the first was AED 957,250 in March 2012.

What is the rent for unit 1008?

AED 60,000 a year on the contract signed on 25 December 2025. The previous contract, from October 2024, was AED 60,000; the unit has been rented since September 2017.

How big is unit 1008?

495 sqft (46.0 sqm): a studio on the 10th floor of a 43-storey tower completed in 2015.

What is unit 1008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Upper Crest sold for AED 1,000,000 to 1,000,000 in the last 12 months, around AED 2,264 per sqft.

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Mortgage on 1008, Upper Crest

Starts from the last sale price (AED 650K, 6 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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