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2-bed · 1,142 sqftUpper Crest, Downtown Dubai · 16th floor · completed 2015

1601, Upper Crest

Sold prices and rental history: sold once, by the developer in March 2012, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 19 October 2026
Last soldAED 2.03M20 March 2012
Current rentAED 95K /yr19 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1601, Upper Crest

What is 1601 worth today?

Last sold for AED 2,026,500 in 2012

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19 Oct 2026RentedNew contract
AED 95,000/yr12 months · AED 83 per sqft
20 Mar 2012Sold by developerOff-plan
AED 2,026,500AED 1,774 per sqft

Source: Dubai Land Department. Updated 19 October 2026.

Key facts

Type
2-bed hotel apartment
Size
1,142 sqft
Floor
16th of 43
Parking
P2-33
Developer
DAMAC
Completed
2015
Last sold
AED 2.03M · March 2012
Building
Upper Crest

About 1601, Upper Crest

1601 is a two-bedroom hotel apartment of 1,142 sqft on the 16th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. The developer sold it on 20 March 2012 for AED 2,026,500, or AED 1,774 per sqft, 9% above the AED 1,622 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 19 October 2026. The current contract, signed on 19 October 2026, is AED 95,000 a year: a gross yield of 4.7% on the 2012 price.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical two-bed in Upper Crest
1M2M3M2012201620202024Typical sale price by year: 2012 AED 2,069,100; 2013 AED 2,853,525; 2014 AED 2,739,300; 2016 AED 3,100,000; 2018 AED 1,630,000; 2021 AED 1,140,198; 2022 AED 1,450,000; 2023 AED 1,974,000; 2024 AED 2,050,000; 2025 AED 2,025,000; 2026 AED 2,062,500Sold by developer, March 2012: AED 2,026,500 (AED 1,774 per sqft)

1601 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1601, each contractTypical two-bed in Upper Crest
75K100K125K2017202020232026Typical rent by year: 2017 AED 110,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 75,000; 2021 AED 85,000; 2022 AED 110,000; 2023 AED 120,000; 2024 AED 130,000; 2025 AED 130,000; 2026 AED 124,000New contract, October 2026: AED 95,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Upper Crest, and where 1601 sits

All 105 2-beds →

1601 last sold in March 2012 at AED 1,774 per sqft, 9% above what two-beds in Upper Crest were fetching at the time (AED 1,622). Over the last 12 months two-beds sold for AED 1,720,000 to 2,410,254, around AED 1,761 per sqft, and rent for AED 70,000 to 170,000 a year. 1601's AED 95,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Aug 20261,720,000
8 Jun 20262,000,000
17 Apr 20262,100,000
31 Mar 20262,025,000
12 2-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 16th floor

All 390 units in Upper Crest
Value
1602StudioAED 791K · Mar 2012
16031-bedAED 1.2M · Jun 2024
16041-bedAED 1.3M · Feb 2025
16051-bedAED 1.5M · May 2025
16061-bedAED 1.49M · Sep 2024
16073-bedAED 3.4M · Jan 2026
1608StudioAED 930K · Nov 2023
1–7 of 10

1601, Upper Crest in numbers

  • Sold once: by DAMAC on 20 March 2012 for AED 2,026,500, or AED 1,774 per sqft.
  • Rented since October 2026 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2012 price is 4.7%.
  • Two-beds in Upper Crest sold for AED 1,720,000–2,410,254 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 19 October 2026.

Questions about 1601, Upper Crest

What did unit 1601 last sell for?

AED 2,026,500 on 20 March 2012, sold by the developer: AED 1,774 per sqft for 1,142 sqft. It is the only registered sale of the unit.

What is the rent for unit 1601?

AED 95,000 a year on the contract signed on 19 October 2026.

How big is unit 1601?

1,142 sqft (106.1 sqm): a two-bedroom hotel apartment on the 16th floor of a 43-storey tower completed in 2015.

What is unit 1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Upper Crest sold for AED 1,720,000 to 2,410,254 in the last 12 months, around AED 1,761 per sqft.

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Mortgage on 1601, Upper Crest

Starts from the last sale price (AED 2.03M, 20 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,026,500
Deposit, UAE resident (20%)
AED 405,300
Deposit, non-resident (40%)
AED 810,600
Monthly over 25 years at 3.7%
AED 8,291

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