1508, Upper Crest
Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, Upper Crest
What is 1508 worth today?
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Source: Dubai Land Department. Updated 28 November 2024.
Key facts
- Type
- Studio hotel apartment
- Size
- 495 sqft
- Floor
- 15th of 43
- Parking
- nan
- Developer
- DAMAC
- Completed
- 2015
- Last sold
- AED 900K · June 2016
- Building
- Upper Crest
About 1508, Upper Crest
1508 is a studio of 495 sqft on the 15th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 30 June 2016 for AED 900,000, or AED 1,816 per sqft, 26% below the AED 2,451 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 28 November 2024, is AED 60,500 a year: a gross yield of 6.7% on the 2016 price.
Sales and rents for 1508 over time
1508 has sold twice; the dashed line is the studio median of each year in the building.
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 1508 sits
All 70 studios →1508 last sold in June 2016 at AED 1,816 per sqft, 26% below what studios in Upper Crest were fetching at the time (AED 2,451). 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. 1508's AED 60,500 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Apr 20269 April 2026 | 442 sqft | 1,000,000 | 2,262 | ||
| 1 Apr 20261 April 2026 | 441 sqft | 1,000,000 | 2,265 | ||
| 21 Jul 202521 July 2025 | 498 sqft | 980,000 | 1,967 | ||
| 28 Aug 202428 August 2024 | 441 sqft | 920,000 | 2,084 |
Upper Crest
Building390 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%
Other units on the 15th floor
All 390 units in Upper Crest| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,142 sqft | AED 1.85MAED 1,852,800 · Mar 2012March 2012 | 120,000 /yr | |
| 1502 | Studio | 442 sqft | AED 746KAED 745,800 · Mar 2012March 2012 | 90,000 /yr | |
| 1503 | 1-bed | 828 sqft | AED 1.39MAED 1,392,000 · Mar 2012March 2012 | 100,000 /yr | |
| 1504 | 1-bed | 858 sqft | AED 1.43MAED 1,428,800 · Mar 2012March 2012 | 85,000 /yr | |
| 1505 | 1-bed | 901 sqft | AED 1.3MAED 1,300,000 · Nov 2026November 2026 | 89,000 /yr | |
| 1506 | 1-bed | 1,002 sqft | AED 800KAED 800,000 · Apr 2021April 2021 | 100,000 /yr | |
| 1507 | 3-bed | 1,723 sqft | AED 2.65MAED 2,650,000 · Apr 2026April 2026 | 165,000 /yr | |
| 1509 | 1-bed | 907 sqft | AED 1.38MAED 1,379,000 · Nov 2022November 2022 | 110,000 /yr | |
| 1510 | 2-bed | 1,063 sqft | AED 1MAED 1,000,000 · Nov 2020November 2020 | 90,000 /yr | |
| 1511 | 2-bed | 1,221 sqft | AED 3.32MAED 3,320,280 · May 2014May 2014 | 127,000 /yr |
1508, Upper Crest in numbers
- Sold twice: first on 20 March 2012 for AED 902,550, last on 30 June 2016 for AED 900,000 (AED 1,816 per sqft).
- Rented since August 2017 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 40,000 in 2021 and recovered to AED 60,500 by November 2024.
- At AED 60,500 a year the gross yield on the 2016 price is 6.7%.
- 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 28 November 2024.
Questions about 1508, Upper Crest
What did unit 1508 last sell for?
AED 900,000 on 30 June 2016: AED 1,816 per sqft for 495 sqft. The unit has 2 registered sales; the first was AED 902,550 in March 2012.
What is the rent for unit 1508?
AED 60,500 a year on the contract renewed on 28 November 2024. The previous contract, from November 2023, was AED 55,000; the unit has been rented since August 2017.
How big is unit 1508?
495 sqft (46.0 sqm): a studio on the 15th floor of a 43-storey tower completed in 2015.
What is unit 1508 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 1508, Upper Crest
Starts from the last sale price (AED 900K, 30 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →