Studio · 442 sqftUpper Crest, Downtown Dubai · 15th floor · completed 2015

1502, 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 1502 · DLD and Ejari recordsUpdated 3 June 2026
Last soldAED 746K25 March 2012
Current rentAED 90K /yr3 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Upper Crest

What is 1502 worth today?

Last sold for AED 745,800 in 2012

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3 Jun 2026RentedNew contract
AED 90,000/yr12 months · AED 204 per sqft
8 Mar 2026RentedRenewal
AED 63,000/yr12 months · AED 143 per sqft
8 Mar 2025RentedRenewal
AED 63,000/yr12 months · AED 143 per sqft
8 Mar 2024RentedNew contract
AED 60,000/yr12 months · AED 136 per sqft
18 Apr 2023RentedRenewal
AED 55,000/yr12 months · AED 125 per sqft
18 Apr 2022RentedNew contract
AED 55,000/yr12 months · AED 125 per sqft
18 Mar 2021RentedNew contract
AED 38,000/yr12 months · AED 86 per sqft
13 Nov 2019RentedRenewal
AED 50,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 3 June 2026.

Key facts

Type
Studio hotel apartment
Size
442 sqft
Floor
15th of 43
Parking
nan
Developer
DAMAC
Completed
2015
Last sold
AED 746K · March 2012
Building
Upper Crest

About 1502, Upper Crest

1502 is a studio of 442 sqft on the 15th 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 745,800, or AED 1,687 per sqft, in line with the AED 1,738 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 3 June 2026, is AED 90,000 a year: a gross yield of 12.1% on the 2012 price.

Sales and rents for 1502 over time

Sales
Unit 1502, 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)

1502 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1502, each contractTypical studio in Upper Crest
50K75K2017202020232026Typical 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, November 2017: AED 62,000 a yearRenewal, November 2018: AED 57,000 a yearRenewal, November 2019: AED 50,000 a yearNew contract, March 2021: AED 38,000 a yearNew contract, April 2022: AED 55,000 a yearRenewal, April 2023: AED 55,000 a yearNew contract, March 2024: AED 60,000 a yearRenewal, March 2025: AED 63,000 a yearRenewal, March 2026: AED 63,000 a yearNew contract, June 2026: AED 90,000 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 1502 sits

All 70 studios →

1502 last sold in March 2012 at AED 1,687 per sqft, in line with 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. 1502's AED 90,000 is at the top 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 15th floor

All 390 units in Upper Crest
Value
15012-bedAED 1.85M · Mar 2012
15031-bedAED 1.39M · Mar 2012
15041-bedAED 1.43M · Mar 2012
15051-bedAED 1.3M · Nov 2026
15061-bedAED 800K · Apr 2021
15073-bedAED 2.65M · Apr 2026
1508StudioAED 900K · Jun 2016
1–7 of 10

1502, Upper Crest in numbers

  • Sold once: by DAMAC on 25 March 2012 for AED 745,800, or AED 1,687 per sqft.
  • Rented since November 2017 on 10 Ejari contracts. The rent fell from AED 62,000 to AED 38,000 in 2021 and recovered to AED 90,000 by June 2026.
  • At AED 90,000 a year the gross yield on the 2012 price is 12.1%.
  • 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 3 June 2026.

Questions about 1502, Upper Crest

What did unit 1502 last sell for?

AED 745,800 on 25 March 2012, sold by the developer: AED 1,687 per sqft for 442 sqft. It is the only registered sale of the unit.

What is the rent for unit 1502?

AED 90,000 a year on the contract signed on 3 June 2026. The previous contract, from March 2026, was AED 63,000; the unit has been rented since November 2017.

How big is unit 1502?

442 sqft (41.1 sqm): a studio on the 15th floor of a 43-storey tower completed in 2015.

What is unit 1502 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 1502, Upper Crest

Starts from the last sale price (AED 746K, 25 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 745,800
Deposit, UAE resident (20%)
AED 149,160
Deposit, non-resident (40%)
AED 298,320
Monthly over 25 years at 3.7%
AED 3,051

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