2-bed · 1,139 sqftUpper Crest, Downtown Dubai · 14th floor · completed 2015

1401, Upper Crest

Sold prices and rental history: sold twice, last in March 2019, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 20 February 2025
Last soldAED 675K13 March 2019
Current rentAED 135K /yr20 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, Upper Crest

What is 1401 worth today?

Last sold for AED 675,000 in 2019

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20 Feb 2025RentedNew contract
AED 135,000/yr12 months · AED 118 per sqft
20 Feb 2025RentedNew contract
AED 135,000/yr12 months · AED 118 per sqft
10 Jan 2024RentedNew contract
AED 140,000/yr12 months · AED 123 per sqft
8 Jun 2023RentedRenewal
AED 135,000/yr12 months · AED 118 per sqft
8 Jun 2022RentedNew contract
AED 120,000/yr12 months · AED 105 per sqft
13 Mar 2019SoldReady · flagged as an outlier
AED 675,000AED 592 per sqft
15 Dec 2017RentedNew contract
AED 112,000/yr12 months · AED 98 per sqft
3 Oct 2012Sold by developerOff-plan
AED 2,188,620AED 1,920 per sqft

Source: Dubai Land Department. Updated 20 February 2025.

Key facts

Type
2-bed hotel apartment
Size
1,139 sqft
Floor
14th of 43
Parking
P2-19
Developer
DAMAC
Completed
2015
Last sold
AED 675K · March 2019
Building
Upper Crest

About 1401, Upper Crest

1401 is a two-bedroom hotel apartment of 1,139 sqft on the 14th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 13 March 2019 for AED 675,000, or AED 592 per sqft, 56% below the AED 1,351 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 20 February 2025, is AED 135,000 a year: a gross yield of 20.0% on the 2019 price.

Sales and rents for 1401 over time

Sales
Unit 1401, 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, October 2012: AED 2,188,620 (AED 1,920 per sqft)

1401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1401, each contractTypical two-bed in Upper Crest
100K150K2017202020232026Typical 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, December 2017: AED 112,000 a yearNew contract, June 2022: AED 120,000 a yearRenewal, June 2023: AED 135,000 a yearNew contract, January 2024: AED 140,000 a yearNew contract, February 2025: AED 135,000 a yearNew contract, February 2025: AED 135,000 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 1401 sits

All 105 2-beds →

1401 last sold in March 2019 at AED 592 per sqft, 56% below what two-beds in Upper Crest were fetching at the time (AED 1,351). 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. 1401's AED 135,000 is in the upper 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 95K /yr
Typical yield
6.4%
Upper Crest, Downtown Dubai: prices, sales and rents →

Other units on the 14th floor

All 390 units in Upper Crest
Value
1402StudioAED 969K · Mar 2024
14031-bedAED 900K · Jul 2019
14041-bedAED 1.43M · May 2012
14051-bedAED 1.48M · May 2012
14063-bedAED 6.33M · May 2023
14072-bedAED 2.79M · Oct 2012

1401, Upper Crest in numbers

  • Sold twice: first on 3 October 2012 for AED 2,188,620, last on 13 March 2019 for AED 675,000 (AED 592 per sqft).
  • Rented since December 2017 on 6 Ejari contracts, from AED 112,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2019 price is 20.0%.
  • 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 20 February 2025.

Questions about 1401, Upper Crest

What did unit 1401 last sell for?

AED 675,000 on 13 March 2019: AED 592 per sqft for 1,139 sqft. The unit has 2 registered sales; the first was AED 2,188,620 in October 2012.

What is the rent for unit 1401?

AED 135,000 a year on the contract signed on 20 February 2025. The previous contract, from February 2025, was AED 135,000; the unit has been rented since December 2017.

How big is unit 1401?

1,139 sqft (105.8 sqm): a two-bedroom hotel apartment on the 14th floor of a 43-storey tower completed in 2015.

What is unit 1401 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 1401, Upper Crest

Starts from the last sale price (AED 675K, 13 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 675,000
Deposit, UAE resident (20%)
AED 135,000
Deposit, non-resident (40%)
AED 270,000
Monthly over 25 years at 3.7%
AED 2,762

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