2-bed · 1,142 sqftUpper Crest, Downtown Dubai · 12th floor · completed 2015

12A01, Upper Crest

Sold prices and rental history: sold twice, last in April 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 12A01 · DLD and Ejari recordsUpdated 3 April 2025
Last soldAED 2M3 April 2025
Current rentAED 105K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 12A01, Upper Crest

What is 12A01 worth today?

Last sold for AED 2,000,000 in 2025

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3 Apr 2025SoldReady
AED 2,000,000AED 1,751 per sqft
1 Sep 2023RentedNew contract
AED 105,000/yr12 months · AED 92 per sqft
1 Dec 2022RentedRenewal
AED 105,000/yr12 months · AED 92 per sqft
1 Dec 2021RentedRenewal
AED 90,000/yr12 months · AED 79 per sqft
1 Dec 2020RentedNew contract
AED 80,000/yr12 months · AED 70 per sqft
5 Nov 2018RentedNew contract
AED 100,000/yr12 months · AED 88 per sqft
14 Aug 2016Sold by developerOff-plan
AED 3,153,500AED 2,761 per sqft

Source: Dubai Land Department. Updated 3 April 2025.

Key facts

Type
2-bed hotel apartment
Size
1,142 sqft
Floor
12th of 43
Parking
P2-11
Developer
DAMAC
Completed
2015
Last sold
AED 2M · April 2025
Building
Upper Crest

About 12A01, Upper Crest

12A01 is a two-bedroom hotel apartment of 1,142 sqft on the 12th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 3 April 2025 for AED 2,000,000, or AED 1,751 per sqft, 4% below the AED 1,819 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 September 2023, is AED 105,000 a year: a gross yield of 5.3% on the 2025 price.

Sales and rents for 12A01 over time

Sales
Unit 12A01, each saleTypical two-bed in Upper Crest
1M2M3M2012201620202024Typical sale price by year: 2012 AED 2,069,100; 2013 AED 2,853,525; 2014 AED 2,739,300; 2016 AED 3,100,000; 2018 AED 1,630,000; 2021 AED 1,140,198; 2022 AED 1,450,000; 2023 AED 1,974,000; 2024 AED 2,050,000; 2025 AED 2,025,000; 2026 AED 2,062,500Sold by developer, August 2016: AED 3,153,500 (AED 2,761 per sqft)Sold, April 2025: AED 2,000,000 (AED 1,751 per sqft)

12A01 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 12A01, each contractTypical two-bed in Upper Crest
75K100K125K2017202020232026Typical rent by year: 2017 AED 110,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 75,000; 2021 AED 85,000; 2022 AED 110,000; 2023 AED 120,000; 2024 AED 130,000; 2025 AED 130,000; 2026 AED 124,000New contract, November 2018: AED 100,000 a yearNew contract, December 2020: AED 80,000 a yearRenewal, December 2021: AED 90,000 a yearRenewal, December 2022: AED 105,000 a yearNew contract, September 2023: AED 105,000 a year

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

2-beds in Upper Crest, and where 12A01 sits

All 105 2-beds →

12A01 last sold in April 2025 at AED 1,751 per sqft, 4% below what two-beds in Upper Crest were fetching at the time (AED 1,819). Over the last 12 months two-beds sold for AED 1,720,000 to 2,410,254, around AED 1,761 per sqft, and rent for AED 70,000 to 170,000 a year. 12A01's AED 105,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Aug 20261,720,000
8 Jun 20262,000,000
17 Apr 20262,100,000
31 Mar 20262,025,000
12 2-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
12061-bedAED 1.56M · Mar 2012
12073-bedAED 2.67M · Mar 2012
1–7 of 21

12A01, Upper Crest in numbers

  • Sold twice: first on 14 August 2016 for AED 3,153,500, last on 3 April 2025 for AED 2,000,000 (AED 1,751 per sqft).
  • Rented since November 2018 on 5 Ejari contracts. The rent fell from AED 100,000 to AED 80,000 in 2020 and recovered to AED 105,000 by September 2023.
  • At AED 105,000 a year the gross yield on the 2025 price is 5.3%.
  • Two-beds in Upper Crest sold for AED 1,720,000–2,410,254 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 3 April 2025.

Questions about 12A01, Upper Crest

What did unit 12A01 last sell for?

AED 2,000,000 on 3 April 2025: AED 1,751 per sqft for 1,142 sqft. The unit has 2 registered sales; the first was AED 3,153,500 in August 2016.

What is the rent for unit 12A01?

AED 105,000 a year on the contract signed on 1 September 2023. The previous contract, from December 2022, was AED 105,000; the unit has been rented since November 2018.

How big is unit 12A01?

1,142 sqft (106.1 sqm): a two-bedroom hotel apartment on the 12th floor of a 43-storey tower completed in 2015.

What is unit 12A01 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Upper Crest sold for AED 1,720,000 to 2,410,254 in the last 12 months, around AED 1,761 per sqft.

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Mortgage on 12A01, Upper Crest

Starts from the last sale price (AED 2M, 3 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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