1-bed · 858 sqftUpper Crest, Downtown Dubai · 15th floor · completed 2015

1504, 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 1504 · DLD and Ejari recordsUpdated 17 October 2026
Last soldAED 1.43M25 March 2012
Current rentAED 85K /yr17 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Upper Crest

What is 1504 worth today?

Last sold for AED 1,428,800 in 2012

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17 Oct 2026RentedNew contract
AED 85,000/yr12 months · AED 99 per sqft
16 Jan 2025RentedNew contract
AED 95,000/yr12 months · AED 110 per sqft
16 Jan 2025RentedNew contract
AED 95,000/yr12 months · AED 110 per sqft
30 Sep 2023RentedRenewal
AED 82,478/yr12 months · AED 96 per sqft
30 Sep 2022RentedRenewal
AED 78,550/yr12 months · AED 91 per sqft
30 Sep 2021RentedRenewal
AED 71,500/yr12 months · AED 83 per sqft
30 Sep 2020RentedRenewal
AED 65,000/yr12 months · AED 75 per sqft
11 Nov 2018RentedNew contract
AED 85,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 17 October 2026.

Key facts

Type
1-bed hotel apartment
Size
858 sqft
Floor
15th of 43
Parking
P2-27
Developer
DAMAC
Completed
2015
Last sold
AED 1.43M · March 2012
Building
Upper Crest

About 1504, Upper Crest

1504 is a one-bedroom hotel apartment of 858 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 1,428,800, or AED 1,665 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 17 October 2026, is AED 85,000 a year: a gross yield of 5.9% on the 2012 price.

Sales and rents for 1504 over time

Sales
Unit 1504, 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 1,428,800 (AED 1,665 per sqft)

1504 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1504, 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, July 2017: AED 90,000 a yearNew contract, November 2018: AED 85,000 a yearRenewal, September 2020: AED 65,000 a yearRenewal, September 2021: AED 71,500 a yearRenewal, September 2022: AED 78,550 a yearRenewal, September 2023: AED 82,478 a yearNew contract, January 2025: AED 95,000 a yearNew contract, January 2025: AED 95,000 a yearNew contract, October 2026: AED 85,000 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 1504 sits

All 177 1-beds →

1504 last sold in March 2012 at AED 1,665 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. 1504's AED 85,000 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
15031-bedAED 1.39M · 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

1504, Upper Crest in numbers

  • Sold once: by DAMAC on 25 March 2012 for AED 1,428,800, or AED 1,665 per sqft.
  • Rented since July 2017 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 65,000 in 2020 and recovered to AED 85,000 by October 2026.
  • At AED 85,000 a year the gross yield on the 2012 price is 5.9%.
  • 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 17 October 2026.

Questions about 1504, Upper Crest

What did unit 1504 last sell for?

AED 1,428,800 on 25 March 2012, sold by the developer: AED 1,665 per sqft for 858 sqft. It is the only registered sale of the unit.

What is the rent for unit 1504?

AED 85,000 a year on the contract signed on 17 October 2026. The previous contract, from January 2025, was AED 95,000; the unit has been rented since July 2017.

How big is unit 1504?

858 sqft (79.7 sqm): a one-bedroom hotel apartment on the 15th floor of a 43-storey tower completed in 2015.

What is unit 1504 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.

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Mortgage on 1504, Upper Crest

Starts from the last sale price (AED 1.43M, 25 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,428,800
Deposit, UAE resident (20%)
AED 285,760
Deposit, non-resident (40%)
AED 571,520
Monthly over 25 years at 3.7%
AED 5,846

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