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1-bed · 858 sqftUpper Crest, Downtown Dubai · 12th floor · completed 2015

1204, Upper Crest

Sold prices and rental history: sold once, by the developer in July 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 31 January 2026
Last soldAED 1.43M12 July 2012
Current rentAED 95K /yr31 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1204, Upper Crest

What is 1204 worth today?

Last sold for AED 1,428,800 in 2012

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31 Jan 2026RentedNew contract
AED 95,000/yr12 months · AED 111 per sqft
3 Oct 2024RentedNew contract
AED 92,000/yr12 months · AED 107 per sqft
25 Oct 2023RentedNew contract
AED 90,000/yr12 months · AED 105 per sqft
15 Sep 2022RentedNew contract
AED 85,000/yr12 months · AED 99 per sqft
5 Aug 2021RentedNew contract
AED 60,000/yr12 months · AED 70 per sqft
5 Aug 2020RentedRenewal
AED 60,000/yr12 months · AED 70 per sqft
5 Aug 2019RentedRenewal
AED 72,000/yr12 months · AED 84 per sqft
5 Aug 2018RentedRenewal
AED 75,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 31 January 2026.

Key facts

Type
1-bed hotel apartment
Size
858 sqft
Floor
12th of 43
Parking
P2-05
Developer
DAMAC
Completed
2015
Last sold
AED 1.43M · July 2012
Building
Upper Crest

About 1204, Upper Crest

1204 is a one-bedroom hotel apartment of 858 sqft on the 12th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. The developer sold it on 12 July 2012 for AED 1,428,800, or AED 1,665 per sqft, in line with the AED 1,689 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 31 January 2026, is AED 95,000 a year: a gross yield of 6.7% on the 2012 price.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical one-bed in Upper Crest
1M2M2012201620202024Typical sale price by year: 2012 AED 1,562,975; 2013 AED 2,086,100; 2014 AED 2,201,225; 2015 AED 2,324,354; 2016 AED 2,431,363; 2017 AED 1,245,000; 2018 AED 1,320,000; 2019 AED 900,000; 2020 AED 820,000; 2021 AED 850,000; 2022 AED 1,275,000; 2023 AED 1,425,000; 2024 AED 1,330,000; 2025 AED 1,500,000; 2026 AED 1,300,000Sold by developer, July 2012: AED 1,428,800 (AED 1,665 per sqft)

1204 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1204, each contractTypical one-bed in Upper Crest
60K80K100K2017202020232026Typical rent by year: 2017 AED 85,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 60,081; 2021 AED 65,000; 2022 AED 78,600; 2023 AED 90,000; 2024 AED 95,000; 2025 AED 100,000; 2026 AED 93,000New contract, August 2017: AED 85,000 a yearRenewal, August 2018: AED 75,000 a yearRenewal, August 2019: AED 72,000 a yearRenewal, August 2020: AED 60,000 a yearNew contract, August 2021: AED 60,000 a yearNew contract, September 2022: AED 85,000 a yearNew contract, October 2023: AED 90,000 a yearNew contract, October 2024: AED 92,000 a yearNew contract, January 2026: AED 95,000 a year

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

1-beds in Upper Crest, and where 1204 sits

All 177 1-beds →

1204 last sold in July 2012 at AED 1,665 per sqft, in line with what one-beds in Upper Crest were fetching at the time (AED 1,689). Over the last 12 months one-beds sold for AED 1,200,000 to 1,796,259, around AED 1,573 per sqft, and rent for AED 50,000 to 170,000 a year. 1204's AED 95,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,300,000
10 Aug 20261,200,000
4 Aug 20261,250,000
3 Mar 20261,350,000
10 1-bed 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 12th floor

All 390 units in Upper Crest
Value
12012-bedAED 1.91M · May 2012
1202StudioAED 800K · Dec 2022
12031-bedAED 525K · Sep 2018
12051-bedAED 1.48M · Mar 2012
12061-bedAED 1.56M · Mar 2012
12073-bedAED 2.67M · Mar 2012
1208StudioAED 1.4M · Dec 2014
1–7 of 21

1204, Upper Crest in numbers

  • Sold once: by DAMAC on 12 July 2012 for AED 1,428,800, or AED 1,665 per sqft.
  • Rented since August 2017 on 9 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2021 and recovered to AED 95,000 by January 2026.
  • At AED 95,000 a year the gross yield on the 2012 price is 6.7%.
  • One-beds in Upper Crest sold for AED 1,200,000–1,796,259 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 31 January 2026.

Questions about 1204, Upper Crest

What did unit 1204 last sell for?

AED 1,428,800 on 12 July 2012, sold by the developer: AED 1,665 per sqft for 858 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 95,000 a year on the contract signed on 31 January 2026. The previous contract, from October 2024, was AED 92,000; the unit has been rented since August 2017.

How big is unit 1204?

858 sqft (79.7 sqm): a one-bedroom hotel apartment on the 12th floor of a 43-storey tower completed in 2015.

What is unit 1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Upper Crest sold for AED 1,200,000 to 1,796,259 in the last 12 months, around AED 1,573 per sqft.

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Mortgage on 1204, Upper Crest

Starts from the last sale price (AED 1.43M, 12 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,428,800
Deposit, UAE resident (20%)
AED 285,760
Deposit, non-resident (40%)
AED 571,520
Monthly over 25 years at 3.7%
AED 5,846

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