1-bed · 1,002 sqftUpper Crest, Downtown Dubai · 15th floor · completed 2015

1506, Upper Crest

Sold prices and rental history: sold twice, last in April 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 800K21 April 2021
Current rentAED 100K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Upper Crest

What is 1506 worth today?

Last sold for AED 800,000 in 2021

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1 Oct 2025RentedNew contract
AED 100,000/yr12 months · AED 100 per sqft
13 Sep 2024RentedNew contract
AED 95,000/yr12 months · AED 95 per sqft
13 Sep 2024RentedNew contract
AED 95,000/yr12 months · AED 95 per sqft
18 Jul 2024RentedNew contract
AED 95,000/yr12 months · AED 95 per sqft
18 Aug 2023RentedNew contract
AED 90,000/yr12 months · AED 90 per sqft
8 Aug 2023RentedNew contract
AED 90,000/yr12 months · AED 90 per sqft
10 Nov 2022RentedNew contract
AED 90,000/yr12 months · AED 90 per sqft
15 Jan 2022RentedNew contract
AED 60,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
1-bed hotel apartment
Size
1,002 sqft
Floor
15th of 43
Parking
P2-29
Developer
DAMAC
Completed
2015
Last sold
AED 800K · April 2021
Building
Upper Crest

About 1506, Upper Crest

1506 is a one-bedroom hotel apartment of 1,002 sqft on the 15th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 21 April 2021 for AED 800,000, or AED 798 per sqft, in line with the AED 798 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 12 Ejari contracts. The current contract, signed on 1 October 2025, is AED 100,000 a year: a gross yield of 12.5% on the 2021 price.

Sales and rents for 1506 over time

Sales
Unit 1506, 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 1,709,750 (AED 1,705 per sqft)Sold, April 2021: AED 800,000 (AED 798 per sqft)

1506 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1506, 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, September 2017: AED 85,000 a yearRenewal, September 2018: AED 75,000 a yearRenewal, September 2019: AED 68,000 a yearNew contract, January 2021: AED 60,000 a yearNew contract, January 2022: AED 60,000 a yearNew contract, November 2022: AED 90,000 a yearNew contract, August 2023: AED 90,000 a yearNew contract, August 2023: AED 90,000 a yearNew contract, July 2024: AED 95,000 a yearNew contract, September 2024: AED 95,000 a yearNew contract, September 2024: AED 95,000 a yearNew contract, October 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 1506 sits

All 177 1-beds →

1506 last sold in April 2021 at AED 798 per sqft, in line with what one-beds in Upper Crest were fetching at the time (AED 798). 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. 1506'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 95K /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
15041-bedAED 1.43M · Mar 2012
15051-bedAED 1.3M · Nov 2026
15073-bedAED 2.65M · Apr 2026
1508StudioAED 900K · Jun 2016
1–7 of 10

1506, Upper Crest in numbers

  • Sold twice: first on 20 March 2012 for AED 1,709,750, last on 21 April 2021 for AED 800,000 (AED 798 per sqft).
  • Rented since September 2017 on 12 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2022 and recovered to AED 100,000 by October 2025.
  • At AED 100,000 a year the gross yield on the 2021 price is 12.5%.
  • 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 1 October 2025.

Questions about 1506, Upper Crest

What did unit 1506 last sell for?

AED 800,000 on 21 April 2021: AED 798 per sqft for 1,002 sqft. The unit has 2 registered sales; the first was AED 1,709,750 in March 2012.

What is the rent for unit 1506?

AED 100,000 a year on the contract signed on 1 October 2025. The previous contract, from September 2024, was AED 95,000; the unit has been rented since September 2017.

How big is unit 1506?

1,002 sqft (93.1 sqm): a one-bedroom hotel apartment on the 15th floor of a 43-storey tower completed in 2015.

What is unit 1506 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 1506, Upper Crest

Starts from the last sale price (AED 800K, 21 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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