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1-bed · 828 sqftUpper Crest, Downtown Dubai · 12th floor · completed 2015

12A03, Upper Crest

Sold prices and rental history: sold twice, last in November 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 12A03 · DLD and Ejari recordsUpdated 31 August 2026
Last soldAED 1.5M7 November 2016
Current rentAED 80K /yr31 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 12A03, Upper Crest

What is 12A03 worth today?

Last sold for AED 1,500,000 in 2016

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31 Aug 2026RentedNew contract
AED 80,000/yr12 months · AED 97 per sqft
2 Jun 2025RentedNew contract
AED 95,000/yr12 months · AED 115 per sqft
2 Jun 2025RentedNew contract
AED 95,000/yr12 months · AED 115 per sqft
6 Mar 2024RentedRenewal
AED 105,000/yr12 months · AED 127 per sqft
6 Mar 2023RentedNew contract
AED 93,000/yr12 months · AED 112 per sqft
1 Jul 2021RentedNew contract
AED 60,000/yr36 months · AED 72 per sqft
7 Nov 2016SoldOff-plan
AED 1,500,000AED 1,811 per sqft
25 Mar 2012Sold by developerOff-plan
AED 1,435,500AED 1,733 per sqft

Source: Dubai Land Department. Updated 31 August 2026.

Key facts

Type
1-bed hotel apartment
Size
828 sqft
Floor
12th of 43
Parking
P2-12
Developer
DAMAC
Completed
2015
Last sold
AED 1.5M · November 2016
Building
Upper Crest

About 12A03, Upper Crest

12A03 is a one-bedroom hotel apartment of 828 sqft on the 12th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 7 November 2016 for AED 1,500,000, or AED 1,811 per sqft, 33% below the AED 2,714 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 31 August 2026, is AED 80,000 a year: a gross yield of 5.3% on the 2016 price.

Sales and rents for 12A03 over time

Sales
Unit 12A03, 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 1,435,500 (AED 1,733 per sqft)Sold, November 2016: AED 1,500,000 (AED 1,811 per sqft)

12A03 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 12A03, 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, July 2021: AED 60,000 a yearNew contract, March 2023: AED 93,000 a yearRenewal, March 2024: AED 105,000 a yearNew contract, June 2025: AED 95,000 a yearNew contract, June 2025: AED 95,000 a yearNew contract, August 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 12A03 sits

All 177 1-beds →

12A03 last sold in November 2016 at AED 1,811 per sqft, 33% below what one-beds in Upper Crest were fetching at the time (AED 2,714). 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. 12A03'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
12061-bedAED 1.56M · Mar 2012
12073-bedAED 2.67M · Mar 2012
1–7 of 21

12A03, Upper Crest in numbers

  • Sold twice: first on 25 March 2012 for AED 1,435,500, last on 7 November 2016 for AED 1,500,000 (AED 1,811 per sqft).
  • Rented since July 2021 on 6 Ejari contracts, from AED 60,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2016 price is 5.3%.
  • 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 August 2026.

Questions about 12A03, Upper Crest

What did unit 12A03 last sell for?

AED 1,500,000 on 7 November 2016: AED 1,811 per sqft for 828 sqft. The unit has 2 registered sales; the first was AED 1,435,500 in March 2012.

What is the rent for unit 12A03?

AED 80,000 a year on the contract signed on 31 August 2026. The previous contract, from June 2025, was AED 95,000; the unit has been rented since July 2021.

How big is unit 12A03?

828 sqft (76.9 sqm): a one-bedroom hotel apartment on the 12th floor of a 43-storey tower completed in 2015.

What is unit 12A03 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 12A03, Upper Crest

Starts from the last sale price (AED 1.5M, 7 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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