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

12A08, Upper Crest

Sold prices and rental history: sold once, by the developer in March 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 12A08 · DLD and Ejari recordsUpdated 5 October 2026
Last soldAED 930K25 March 2012
Current rentAED 60K /yr5 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 12A08, Upper Crest

What is 12A08 worth today?

Last sold for AED 929,900 in 2012

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5 Oct 2026RentedNew contract
AED 60,000/yr12 months · AED 121 per sqft
25 Sep 2025RentedNew contract
AED 70,000/yr12 months · AED 141 per sqft
15 Sep 2025RentedRenewal
AED 74,000/yr12 months · AED 149 per sqft
15 Sep 2024RentedRenewal
AED 59,840/yr12 months · AED 121 per sqft
15 Sep 2023RentedRenewal
AED 54,400/yr12 months · AED 110 per sqft
15 Sep 2022RentedRenewal
AED 49,450/yr12 months · AED 100 per sqft
15 Sep 2021RentedNew contract
AED 43,000/yr12 months · AED 87 per sqft
4 Feb 2021RentedNew contract
AED 40,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 5 October 2026.

Key facts

Type
Studio hotel apartment
Size
495 sqft
Floor
12th of 43
Parking
nan
Developer
DAMAC
Completed
2015
Last sold
AED 930K · March 2012
Building
Upper Crest

About 12A08, Upper Crest

12A08 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. The developer sold it on 25 March 2012 for AED 929,900, or AED 1,877 per sqft, 8% above the AED 1,738 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, signed on 5 October 2026, is AED 60,000 a year: a gross yield of 6.5% on the 2012 price.

Sales and rents for 12A08 over time

Sales
Unit 12A08, 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 929,900 (AED 1,877 per sqft)

12A08 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 12A08, each contractTypical studio in Upper Crest
40K60K80K2017202020232026Typical 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, September 2017: AED 65,000 a yearNew contract, January 2019: AED 60,000 a yearNew contract, January 2020: AED 50,000 a yearNew contract, February 2021: AED 40,000 a yearNew contract, September 2021: AED 43,000 a yearRenewal, September 2022: AED 49,450 a yearRenewal, September 2023: AED 54,400 a yearRenewal, September 2024: AED 59,840 a yearNew contract, September 2025: AED 70,000 a yearRenewal, September 2025: AED 74,000 a yearNew contract, October 2026: AED 60,000 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 12A08 sits

All 70 studios →

12A08 last sold in March 2012 at AED 1,877 per sqft, 8% above what studios in Upper Crest were fetching at the time (AED 1,738). 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. 12A08's AED 60,000 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

12A08, Upper Crest in numbers

  • Sold once: by DAMAC on 25 March 2012 for AED 929,900, or AED 1,877 per sqft.
  • Rented since September 2017 on 11 Ejari contracts. The rent fell from AED 65,000 to AED 40,000 in 2021 and recovered to AED 60,000 by October 2026.
  • At AED 60,000 a year the gross yield on the 2012 price is 6.5%.
  • 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 5 October 2026.

Questions about 12A08, Upper Crest

What did unit 12A08 last sell for?

AED 929,900 on 25 March 2012, sold by the developer: AED 1,877 per sqft for 495 sqft. It is the only registered sale of the unit.

What is the rent for unit 12A08?

AED 60,000 a year on the contract signed on 5 October 2026. The previous contract, from September 2025, was AED 70,000; the unit has been rented since September 2017.

How big is unit 12A08?

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

What is unit 12A08 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 12A08, Upper Crest

Starts from the last sale price (AED 930K, 25 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 929,900
Deposit, UAE resident (20%)
AED 185,980
Deposit, non-resident (40%)
AED 371,960
Monthly over 25 years at 3.7%
AED 3,805

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