Studio · 442 sqftUpper Crest, Downtown Dubai · 12th floor · completed 2015

12A02, Upper Crest

Sold prices and rental history: sold twice, last in January 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 12A02 · DLD and Ejari recordsUpdated 25 June 2026
Last soldAED 725K22 January 2018
Current rentAED 57K /yr25 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 12A02, Upper Crest

What is 12A02 worth today?

Last sold for AED 725,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Jun 2026RentedNew contract
AED 57,000/yr12 months · AED 129 per sqft
19 Jul 2025RentedNew contract
AED 65,000/yr12 months · AED 147 per sqft
2 Jul 2024RentedRenewal
AED 53,097/yr12 months · AED 120 per sqft
2 Jul 2023RentedNew contract
AED 48,400/yr12 months · AED 110 per sqft
3 Jul 2022RentedNew contract
AED 44,000/yr12 months · AED 100 per sqft
3 Jul 2021RentedNew contract
AED 40,000/yr12 months · AED 91 per sqft
30 Jun 2020RentedNew contract
AED 41,500/yr12 months · AED 94 per sqft
27 Feb 2020RentedRenewal
AED 50,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 25 June 2026.

Key facts

Type
Studio hotel apartment
Size
442 sqft
Floor
12th of 43
Parking
nan
Developer
DAMAC
Completed
2015
Last sold
AED 725K · January 2018
Building
Upper Crest

About 12A02, Upper Crest

12A02 is a studio of 442 sqft on the 12th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 22 January 2018 for AED 725,000, or AED 1,640 per sqft.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, signed on 25 June 2026, is AED 57,000 a year: a gross yield of 7.9% on the 2018 price.

Sales and rents for 12A02 over time

Sales
Unit 12A02, 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 745,800 (AED 1,687 per sqft)Sold, January 2018: AED 725,000 (AED 1,640 per sqft)

12A02 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 12A02, 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, February 2019: AED 60,000 a yearRenewal, February 2020: AED 50,000 a yearNew contract, June 2020: AED 41,500 a yearNew contract, July 2021: AED 40,000 a yearNew contract, July 2022: AED 44,000 a yearNew contract, July 2023: AED 48,400 a yearRenewal, July 2024: AED 53,097 a yearNew contract, July 2025: AED 65,000 a yearNew contract, June 2026: AED 57,000 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 12A02 sits

All 70 studios →

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. 12A02's AED 57,000 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

12A02, Upper Crest in numbers

  • Sold twice: first on 25 March 2012 for AED 745,800, last on 22 January 2018 for AED 725,000 (AED 1,640 per sqft).
  • Rented since February 2019 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2021 and recovered to AED 57,000 by June 2026.
  • At AED 57,000 a year the gross yield on the 2018 price is 7.9%.
  • 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 25 June 2026.

Questions about 12A02, Upper Crest

What did unit 12A02 last sell for?

AED 725,000 on 22 January 2018: AED 1,640 per sqft for 442 sqft. The unit has 2 registered sales; the first was AED 745,800 in March 2012.

What is the rent for unit 12A02?

AED 57,000 a year on the contract signed on 25 June 2026. The previous contract, from July 2025, was AED 65,000; the unit has been rented since February 2019.

How big is unit 12A02?

442 sqft (41.1 sqm): a studio on the 12th floor of a 43-storey tower completed in 2015.

What is unit 12A02 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.

Selling 12A02? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 12A02, Upper Crest

Starts from the last sale price (AED 725K, 22 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 725,000
Deposit, UAE resident (20%)
AED 145,000
Deposit, non-resident (40%)
AED 290,000
Monthly over 25 years at 3.7%
AED 2,966

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