Studio · 495 sqftUpper Crest, Downtown Dubai · 11th floor · completed 2015

1108, Upper Crest

Sold prices and rental history: sold once, by the developer in March 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 14 August 2026
Last soldAED 903K20 March 2012
Current rentAED 50K /yr14 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Upper Crest

What is 1108 worth today?

Last sold for AED 902,500 in 2012

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14 Aug 2026RentedNew contract
AED 50,000/yr12 months · AED 101 per sqft
8 Jan 2026RentedRenewal
AED 80,000/yr12 months · AED 162 per sqft
10 Jan 2025RentedRenewal
AED 73,395/yr12 months · AED 148 per sqft
10 Jan 2024RentedRenewal
AED 63,000/yr12 months · AED 127 per sqft
11 Jan 2023RentedRenewal
AED 52,140/yr12 months · AED 105 per sqft
12 Jan 2022RentedRenewal
AED 52,140/yr12 months · AED 105 per sqft
12 Jan 2021RentedNew contract
AED 42,000/yr12 months · AED 85 per sqft
19 Dec 2019RentedNew contract
AED 55,000/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 14 August 2026.

Key facts

Type
Studio hotel apartment
Size
495 sqft
Floor
11th of 43
Parking
nan
Developer
DAMAC
Completed
2015
Last sold
AED 903K · March 2012
Building
Upper Crest

About 1108, Upper Crest

1108 is a studio of 495 sqft on the 11th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. The developer sold it on 20 March 2012 for AED 902,500, or AED 1,821 per sqft, in line with the AED 1,805 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 14 August 2026, is AED 50,000 a year: a gross yield of 5.5% on the 2012 price.

Sales and rents for 1108 over time

Sales
Unit 1108, 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 902,500 (AED 1,821 per sqft)

1108 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1108, each contractTypical studio in Upper Crest
40K60K80K2017202020232026Typical 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, November 2018: AED 60,000 a yearNew contract, December 2019: AED 55,000 a yearNew contract, January 2021: AED 42,000 a yearRenewal, January 2022: AED 52,140 a yearRenewal, January 2023: AED 52,140 a yearRenewal, January 2024: AED 63,000 a yearRenewal, January 2025: AED 73,395 a yearRenewal, January 2026: AED 80,000 a yearNew contract, August 2026: AED 50,000 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 1108 sits

All 70 studios →

1108 last sold in March 2012 at AED 1,821 per sqft, in line with what studios in Upper Crest were fetching at the time (AED 1,805). 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. 1108's AED 50,000 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 95K /yr
Typical yield
6.4%
Upper Crest, Downtown Dubai: prices, sales and rents →

Other units on the 11th floor

All 390 units in Upper Crest
Value
11012-bedAED 2.2M · May 2012
1102StudioAED 1.39M · Apr 2014
11031-bedAED 1.41M · Sep 2025
11041-bedAED 2.01M · Jan 2024
11051-bedAED 820K · Oct 2020
11061-bedAED 830K · Apr 2021
11073-bedAED 4.75M · Aug 2016
1–7 of 10

1108, Upper Crest in numbers

  • Sold once: by DAMAC on 20 March 2012 for AED 902,500, or AED 1,821 per sqft.
  • Rented since November 2018 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 42,000 in 2021 and recovered to AED 50,000 by August 2026.
  • At AED 50,000 a year the gross yield on the 2012 price is 5.5%.
  • 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 14 August 2026.

Questions about 1108, Upper Crest

What did unit 1108 last sell for?

AED 902,500 on 20 March 2012, sold by the developer: AED 1,821 per sqft for 495 sqft. It is the only registered sale of the unit.

What is the rent for unit 1108?

AED 50,000 a year on the contract signed on 14 August 2026. The previous contract, from January 2026, was AED 80,000; the unit has been rented since November 2018.

How big is unit 1108?

495 sqft (46.0 sqm): a studio on the 11th floor of a 43-storey tower completed in 2015.

What is unit 1108 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 1108, Upper Crest

Starts from the last sale price (AED 903K, 20 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 902,500
Deposit, UAE resident (20%)
AED 180,500
Deposit, non-resident (40%)
AED 361,000
Monthly over 25 years at 3.7%
AED 3,692

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