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1-bed · 1,002 sqftUpper Crest, Downtown Dubai · 12th floor · completed 2015

1206, Upper Crest

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

Unit 1206 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 1.56M25 March 2012
Current rentAED 80K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1206, Upper Crest

What is 1206 worth today?

Last sold for AED 1,563,200 in 2012

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1 Sep 2026RentedNew contract
AED 80,000/yr12 months · AED 80 per sqft
26 Jun 2025RentedNew contract
AED 100,000/yr12 months · AED 100 per sqft
26 Jun 2025RentedNew contract
AED 100,000/yr12 months · AED 100 per sqft
1 May 2025RentedNew contract
AED 100,000/yr12 months · AED 100 per sqft
1 May 2025RentedNew contract
AED 100,000/yr12 months · AED 100 per sqft
10 Apr 2024RentedNew contract
AED 105,000/yr12 months · AED 105 per sqft
20 Oct 2022RentedNew contract
AED 85,000/yr12 months · AED 85 per sqft
30 Sep 2020RentedNew contract
AED 65,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed hotel apartment
Size
1,002 sqft
Floor
12th of 43
Parking
P2-07
Developer
DAMAC
Completed
2015
Last sold
AED 1.56M · March 2012
Building
Upper Crest

About 1206, Upper Crest

1206 is a one-bedroom hotel apartment of 1,002 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 25 March 2012 for AED 1,563,200, or AED 1,559 per sqft, 7% below the AED 1,678 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 1 September 2026, is AED 80,000 a year: a gross yield of 5.1% on the 2012 price.

Sales and rents for 1206 over time

Sales
Unit 1206, 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, March 2012: AED 1,563,200 (AED 1,559 per sqft)

1206 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1206, each contractTypical one-bed in Upper Crest
75K100K2017202020232026Typical 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, November 2017: AED 85,000 a yearNew contract, January 2019: AED 85,000 a yearNew contract, September 2020: AED 65,000 a yearNew contract, October 2022: AED 85,000 a yearNew contract, April 2024: AED 105,000 a yearNew contract, May 2025: AED 100,000 a yearNew contract, May 2025: AED 100,000 a yearNew contract, June 2025: AED 100,000 a yearNew contract, June 2025: AED 100,000 a yearNew contract, September 2026: AED 80,000 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 1206 sits

All 177 1-beds →

1206 last sold in March 2012 at AED 1,559 per sqft, 7% below what one-beds in Upper Crest were fetching at the time (AED 1,678). 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. 1206's AED 80,000 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
12041-bedAED 1.43M · Jul 2012
12051-bedAED 1.48M · Mar 2012
12073-bedAED 2.67M · Mar 2012
1208StudioAED 1.4M · Dec 2014
1–7 of 21

1206, Upper Crest in numbers

  • Sold once: by DAMAC on 25 March 2012 for AED 1,563,200, or AED 1,559 per sqft.
  • Rented since November 2017 on 10 Ejari contracts. The rent fell from AED 85,000 to AED 65,000 in 2020 and recovered to AED 80,000 by September 2026.
  • At AED 80,000 a year the gross yield on the 2012 price is 5.1%.
  • 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 1 September 2026.

Questions about 1206, Upper Crest

What did unit 1206 last sell for?

AED 1,563,200 on 25 March 2012, sold by the developer: AED 1,559 per sqft for 1,002 sqft. It is the only registered sale of the unit.

What is the rent for unit 1206?

AED 80,000 a year on the contract signed on 1 September 2026. The previous contract, from June 2025, was AED 100,000; the unit has been rented since November 2017.

How big is unit 1206?

1,002 sqft (93.1 sqm): a one-bedroom hotel apartment on the 12th floor of a 43-storey tower completed in 2015.

What is unit 1206 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 1206, Upper Crest

Starts from the last sale price (AED 1.56M, 25 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,563,200
Deposit, UAE resident (20%)
AED 312,640
Deposit, non-resident (40%)
AED 625,280
Monthly over 25 years at 3.7%
AED 6,396

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