1-bed · 901 sqftUpper Crest, Downtown Dubai · 12th floor · completed 2015

12A05, Upper Crest

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 12A05 · DLD and Ejari recordsUpdated 12 February 2024
Last soldAED 1.55M12 February 2024
Current rentAED 95K /yr28 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 12A05, Upper Crest

What is 12A05 worth today?

Last sold for AED 1,545,000 in 2024

Unlock today's estimate, updated daily, with

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

12 Feb 2024SoldReady
AED 1,545,000AED 1,714 per sqft
28 Nov 2022RentedNew contract
AED 95,000/yr12 months · AED 105 per sqft
20 Aug 2020RentedNew contract
AED 55,000/yr12 months · AED 61 per sqft
30 Sep 2019RentedNew contract
AED 97,476/yr6 months · AED 108 per sqft
28 Aug 2018RentedNew contract
AED 85,000/yr12 months · AED 94 per sqft
1 Oct 2017RentedNew contract
AED 85,000/yr12 months · AED 94 per sqft
26 Aug 2012Sold by developerOff-plan
AED 1,716,804AED 1,905 per sqft

Source: Dubai Land Department. Updated 12 February 2024.

Key facts

Type
1-bed hotel apartment
Size
901 sqft
Floor
12th of 43
Parking
P2-14
Developer
DAMAC
Completed
2015
Last sold
AED 1.55M · February 2024
Building
Upper Crest

About 12A05, Upper Crest

12A05 is a one-bedroom hotel apartment of 901 sqft on the 12th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 12 February 2024 for AED 1,545,000, or AED 1,714 per sqft, 3% above the AED 1,663 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 28 November 2022, is AED 95,000 a year: a gross yield of 6.2% on the 2024 price.

Sales and rents for 12A05 over time

Sales
Unit 12A05, 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, August 2012: AED 1,716,804 (AED 1,905 per sqft)Sold, February 2024: AED 1,545,000 (AED 1,714 per sqft)

12A05 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 12A05, each contractTypical one-bed in Upper Crest
50K75K100K2017202020232026Typical 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, October 2017: AED 85,000 a yearNew contract, August 2018: AED 85,000 a yearNew contract, September 2019: AED 97,476 a yearNew contract, August 2020: AED 55,000 a yearNew contract, November 2022: AED 95,000 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 12A05 sits

All 177 1-beds →

12A05 last sold in February 2024 at AED 1,714 per sqft, 3% above what one-beds in Upper Crest were fetching at the time (AED 1,663). 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. 12A05's AED 95,000 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

12A05, Upper Crest in numbers

  • Sold twice: first on 26 August 2012 for AED 1,716,804, last on 12 February 2024 for AED 1,545,000 (AED 1,714 per sqft).
  • Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 85,000 to AED 55,000 in 2020 and recovered to AED 95,000 by November 2022.
  • At AED 95,000 a year the gross yield on the 2024 price is 6.2%.
  • 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 12 February 2024.

Questions about 12A05, Upper Crest

What did unit 12A05 last sell for?

AED 1,545,000 on 12 February 2024: AED 1,714 per sqft for 901 sqft. The unit has 2 registered sales; the first was AED 1,716,804 in August 2012.

What is the rent for unit 12A05?

AED 95,000 a year on the contract signed on 28 November 2022. The previous contract, from August 2020, was AED 55,000; the unit has been rented since October 2017.

How big is unit 12A05?

901 sqft (83.7 sqm): a one-bedroom hotel apartment on the 12th floor of a 43-storey tower completed in 2015.

What is unit 12A05 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.

Selling 12A05? 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 12A05, Upper Crest

Starts from the last sale price (AED 1.55M, 12 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,545,000
Deposit, UAE resident (20%)
AED 309,000
Deposit, non-resident (40%)
AED 618,000
Monthly over 25 years at 3.7%
AED 6,321

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