1-bed · 821 sqftUpper Crest, Downtown Dubai · 16th floor · completed 2015

1603, Upper Crest

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 27 July 2026
Last soldAED 1.2M19 June 2024
Current rentAED 80K /yr27 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Upper Crest

What is 1603 worth today?

Last sold for AED 1,200,000 in 2024

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27 Jul 2026RentedNew contract
AED 80,000/yr12 months · AED 97 per sqft
10 Feb 2026RentedRenewal
AED 99,465/yr6 months · AED 122 per sqft
10 Feb 2025RentedNew contract
AED 86,400/yr12 months · AED 106 per sqft
19 Jun 2024SoldReady
AED 1,200,000AED 1,462 per sqft
10 Feb 2024RentedNew contract
AED 78,540/yr12 months · AED 96 per sqft
10 Feb 2023RentedNew contract
AED 74,800/yr12 months · AED 91 per sqft
13 Oct 2022SoldReady
AED 1,270,000AED 1,547 per sqft
10 Feb 2022RentedRenewal
AED 68,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 27 July 2026.

Key facts

Type
1-bed hotel apartment
Size
821 sqft
Floor
16th of 43
Parking
P2-34
Developer
DAMAC
Completed
2015
Last sold
AED 1.2M · June 2024
Building
Upper Crest

About 1603, Upper Crest

1603 is a one-bedroom hotel apartment of 821 sqft on the 16th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 19 June 2024 for AED 1,200,000, or AED 1,462 per sqft, 4% below the AED 1,524 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 27 July 2026, is AED 80,000 a year: a gross yield of 6.7% on the 2024 price.

Sales and rents for 1603 over time

Sales
Unit 1603, 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, August 2016: AED 2,531,520 (AED 4,973 per sqft)Sold, October 2022: AED 1,270,000 (AED 1,547 per sqft)Sold, June 2024: AED 1,200,000 (AED 1,462 per sqft)

1603 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1603, 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, December 2017: AED 85,000 a yearNew contract, February 2019: AED 80,000 a yearNew contract, February 2020: AED 72,000 a yearRenewal, February 2021: AED 61,000 a yearRenewal, February 2022: AED 68,000 a yearNew contract, February 2023: AED 74,800 a yearNew contract, February 2024: AED 78,540 a yearNew contract, February 2025: AED 86,400 a yearRenewal, February 2026: AED 99,465 a yearNew contract, July 2026: AED 80,000 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 1603 sits

All 177 1-beds →

1603 last sold in June 2024 at AED 1,462 per sqft, 4% below what one-beds in Upper Crest were fetching at the time (AED 1,524). 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. 1603's AED 80,000 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 16th floor

All 390 units in Upper Crest
Value
16012-bedAED 2.03M · Mar 2012
1602StudioAED 791K · Mar 2012
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

1603, Upper Crest in numbers

  • Sold 3 times: first on 17 August 2016 for AED 2,531,520, last on 19 June 2024 for AED 1,200,000 (AED 1,462 per sqft).
  • Rented since December 2017 on 10 Ejari contracts. The rent fell from AED 85,000 to AED 61,000 in 2021 and recovered to AED 80,000 by July 2026.
  • At AED 80,000 a year the gross yield on the 2024 price is 6.7%.
  • 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 27 July 2026.

Questions about 1603, Upper Crest

What did unit 1603 last sell for?

AED 1,200,000 on 19 June 2024: AED 1,462 per sqft for 821 sqft. The unit has 3 registered sales; the first was AED 2,531,520 in August 2016.

What is the rent for unit 1603?

AED 80,000 a year on the contract signed on 27 July 2026. The previous contract, from February 2026, was AED 99,465; the unit has been rented since December 2017.

How big is unit 1603?

821 sqft (76.3 sqm): a one-bedroom hotel apartment on the 16th floor of a 43-storey tower completed in 2015.

What is unit 1603 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 1603, Upper Crest

Starts from the last sale price (AED 1.2M, 19 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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