1-bed · 828 sqftUpper Crest, Downtown Dubai · 15th floor · completed 2015

1503, 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 1503 · DLD and Ejari recordsUpdated 21 November 2025
Last soldAED 1.39M25 March 2012
Current rentAED 100K /yr21 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Upper Crest

What is 1503 worth today?

Last sold for AED 1,392,000 in 2012

Unlock today's estimate, updated daily, with

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

21 Nov 2025RentedNew contract
AED 100,000/yr12 months · AED 121 per sqft
18 Oct 2024RentedNew contract
AED 95,000/yr12 months · AED 115 per sqft
5 Sep 2023RentedRenewal
AED 95,000/yr12 months · AED 115 per sqft
5 Sep 2022RentedNew contract
AED 95,000/yr12 months · AED 115 per sqft
10 Jul 2021RentedNew contract
AED 85,000/yr12 months · AED 103 per sqft
20 Aug 2020RentedRenewal
AED 60,162/yr12 months · AED 73 per sqft
20 Aug 2019RentedNew contract
AED 72,000/yr12 months · AED 87 per sqft
4 Jul 2018RentedNew contract
AED 87,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 21 November 2025.

Key facts

Type
1-bed hotel apartment
Size
828 sqft
Floor
15th of 43
Parking
P2-26
Developer
DAMAC
Completed
2015
Last sold
AED 1.39M · March 2012
Building
Upper Crest

About 1503, Upper Crest

1503 is a one-bedroom hotel apartment of 828 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 1,392,000, or AED 1,681 per sqft, in line with the AED 1,678 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 21 November 2025, is AED 100,000 a year: a gross yield of 7.2% on the 2012 price.

Sales and rents for 1503 over time

Sales
Unit 1503, 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 1,392,000 (AED 1,681 per sqft)

1503 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1503, each contractTypical one-bed in Upper Crest
60K80K100K2017202020232026Typical 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, June 2017: AED 90,000 a yearNew contract, July 2018: AED 87,000 a yearNew contract, August 2019: AED 72,000 a yearRenewal, August 2020: AED 60,162 a yearNew contract, July 2021: AED 85,000 a yearNew contract, September 2022: AED 95,000 a yearRenewal, September 2023: AED 95,000 a yearNew contract, October 2024: AED 95,000 a yearNew contract, November 2025: AED 100,000 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 1503 sits

All 177 1-beds →

1503 last sold in March 2012 at AED 1,681 per sqft, in line with what one-beds in Upper Crest were fetching at the time (AED 1,678). 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. 1503's AED 100,000 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 15th floor

All 390 units in Upper Crest
Value
15012-bedAED 1.85M · Mar 2012
1502StudioAED 746K · 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

1503, Upper Crest in numbers

  • Sold once: by DAMAC on 25 March 2012 for AED 1,392,000, or AED 1,681 per sqft.
  • Rented since June 2017 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 60,162 in 2020 and recovered to AED 100,000 by November 2025.
  • At AED 100,000 a year the gross yield on the 2012 price is 7.2%.
  • 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 21 November 2025.

Questions about 1503, Upper Crest

What did unit 1503 last sell for?

AED 1,392,000 on 25 March 2012, sold by the developer: AED 1,681 per sqft for 828 sqft. It is the only registered sale of the unit.

What is the rent for unit 1503?

AED 100,000 a year on the contract signed on 21 November 2025. The previous contract, from October 2024, was AED 95,000; the unit has been rented since June 2017.

How big is unit 1503?

828 sqft (76.9 sqm): a one-bedroom hotel apartment on the 15th floor of a 43-storey tower completed in 2015.

What is unit 1503 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 1503? 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 1503, Upper Crest

Starts from the last sale price (AED 1.39M, 25 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,392,000
Deposit, UAE resident (20%)
AED 278,400
Deposit, non-resident (40%)
AED 556,800
Monthly over 25 years at 3.7%
AED 5,695

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