Studio · 495 sqftUpper Crest, Downtown Dubai · 12th floor · completed 2015

1208, Upper Crest

Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 26 November 2025
Last soldAED 1.4M29 December 2014
Current rentAED 68K /yr26 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Upper Crest

What is 1208 worth today?

Last sold for AED 1,400,000 in 2014

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26 Nov 2025RentedNew contract
AED 68,000/yr12 months · AED 137 per sqft
1 Aug 2023RentedNew contract
AED 65,000/yr12 months · AED 131 per sqft
2 Nov 2022RentedNew contract
AED 65,000/yr12 months · AED 131 per sqft
22 Nov 2021RentedNew contract
AED 48,000/yr12 months · AED 97 per sqft
10 Nov 2020RentedNew contract
AED 37,000/yr12 months · AED 75 per sqft
5 Sep 2019RentedNew contract
AED 50,000/yr12 months · AED 101 per sqft
2 Mar 2019RentedNew contract
AED 60,000/yr12 months · AED 121 per sqft
13 Dec 2017RentedNew contract
AED 65,000/yr12 months · AED 131 per sqft

Source: Dubai Land Department. Updated 26 November 2025.

Key facts

Type
Studio hotel apartment
Size
495 sqft
Floor
12th of 43
Parking
nan
Developer
DAMAC
Completed
2015
Last sold
AED 1.4M · December 2014
Building
Upper Crest

About 1208, Upper Crest

1208 is a studio of 495 sqft on the 12th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 29 December 2014 for AED 1,400,000, or AED 2,826 per sqft, in line with the AED 2,854 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 26 November 2025, is AED 68,000 a year: a gross yield of 4.9% on the 2014 price.

Sales and rents for 1208 over time

Sales
Unit 1208, 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 902,550 (AED 1,822 per sqft)Sold, December 2014: AED 1,400,000 (AED 2,826 per sqft)

1208 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1208, 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, December 2017: AED 65,000 a yearNew contract, March 2019: AED 60,000 a yearNew contract, September 2019: AED 50,000 a yearNew contract, November 2020: AED 37,000 a yearNew contract, November 2021: AED 48,000 a yearNew contract, November 2022: AED 65,000 a yearNew contract, August 2023: AED 65,000 a yearNew contract, November 2025: AED 68,000 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 1208 sits

All 70 studios →

1208 last sold in December 2014 at AED 2,826 per sqft, in line with what studios in Upper Crest were fetching at the time (AED 2,854). 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. 1208's AED 68,000 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 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
12061-bedAED 1.56M · Mar 2012
12073-bedAED 2.67M · Mar 2012
1–7 of 21

1208, Upper Crest in numbers

  • Sold twice: first on 25 March 2012 for AED 902,550, last on 29 December 2014 for AED 1,400,000 (AED 2,826 per sqft).
  • Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 37,000 in 2020 and recovered to AED 68,000 by November 2025.
  • At AED 68,000 a year the gross yield on the 2014 price is 4.9%.
  • 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 26 November 2025.

Questions about 1208, Upper Crest

What did unit 1208 last sell for?

AED 1,400,000 on 29 December 2014: AED 2,826 per sqft for 495 sqft. The unit has 2 registered sales; the first was AED 902,550 in March 2012.

What is the rent for unit 1208?

AED 68,000 a year on the contract signed on 26 November 2025. The previous contract, from August 2023, was AED 65,000; the unit has been rented since December 2017.

How big is unit 1208?

495 sqft (46.0 sqm): a studio on the 12th floor of a 43-storey tower completed in 2015.

What is unit 1208 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 1208, Upper Crest

Starts from the last sale price (AED 1.4M, 29 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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