Studio · 442 sqftUpper Crest, Downtown Dubai · 18th floor · completed 2015

1802, Upper Crest

Sold prices and rental history: sold 3 times, last in June 2021, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 14 June 2021
Last soldAED 570K14 June 2021
Current rentAED 60K /yr7 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1802, Upper Crest

What is 1802 worth today?

Last sold for AED 570,000 in 2021

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14 Jun 2021SoldReady
AED 570,000AED 1,289 per sqft
1 Mar 2020SoldReady
AED 650,000AED 1,470 per sqft
7 Sep 2018RentedRenewal
AED 60,000/yr12 months · AED 136 per sqft
7 Sep 2017RentedNew contract
AED 60,000/yr12 months · AED 136 per sqft
21 Jun 2012Sold by developerOff-plan
AED 904,000AED 2,045 per sqft

Source: Dubai Land Department. Updated 14 June 2021.

Key facts

Type
Studio hotel apartment
Size
442 sqft
Floor
18th of 43
Parking
nan
Developer
DAMAC
Completed
2015
Last sold
AED 570K · June 2021
Building
Upper Crest

About 1802, Upper Crest

1802 is a studio of 442 sqft on the 18th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 14 June 2021 for AED 570,000, or AED 1,289 per sqft, in line with the AED 1,289 studios in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, renewed on 7 September 2018, is AED 60,000 a year: a gross yield of 10.5% on the 2021 price.

Sales and rents for 1802 over time

Sales
Unit 1802, each saleTypical studio in Upper Crest
500K1M1.5M2012201620202024Typical sale price by year: 2012 AED 902,550; 2013 AED 1,350,130; 2014 AED 1,365,000; 2016 AED 1,226,950; 2020 AED 572,500; 2022 AED 790,000; 2023 AED 885,507; 2024 AED 885,722Sold by developer, June 2012: AED 904,000 (AED 2,045 per sqft)Sold, March 2020: AED 650,000 (AED 1,470 per sqft)Sold, June 2021: AED 570,000 (AED 1,289 per sqft)

1802 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1802, each contractTypical studio in Upper Crest
40K60K2017202020232026Typical rent by year: 2017 AED 65,000; 2018 AED 60,000; 2019 AED 55,000; 2020 AED 46,000; 2021 AED 40,000; 2022 AED 52,000; 2023 AED 60,000; 2024 AED 66,500; 2025 AED 68,250; 2026 AED 65,000New contract, September 2017: AED 60,000 a yearRenewal, September 2018: AED 60,000 a year

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 1802 sits

All 70 studios →

1802 last sold in June 2021 at AED 1,289 per sqft, in line with what studios in Upper Crest were fetching at the time (AED 1,289). 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. 1802's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Apr 20261,000,000
1 Apr 20261,000,000
21 Jul 2025980,000
28 Aug 2024920,000
2 studio 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 18th floor

All 390 units in Upper Crest
Value
18012-bedAED 2.08M · Jul 2012
18031-bedAED 1.32M · Sep 2018
18041-bedAED 1.3M · Jan 2024
18051-bedAED 1.33M · Apr 2024
18061-bedAED 2.09M · Nov 2012
18073-bedAED 2.35M · Jan 2024
1808StudioAED 570K · Mar 2022
1–7 of 10

1802, Upper Crest in numbers

  • Sold 3 times: first on 21 June 2012 for AED 904,000, last on 14 June 2021 for AED 570,000 (AED 1,289 per sqft).
  • Rented since September 2017 on 2 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2021 price is 10.5%.
  • 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 14 June 2021.

Questions about 1802, Upper Crest

What did unit 1802 last sell for?

AED 570,000 on 14 June 2021: AED 1,289 per sqft for 442 sqft. The unit has 3 registered sales; the first was AED 904,000 in June 2012.

What is the rent for unit 1802?

AED 60,000 a year on the contract renewed on 7 September 2018. The previous contract, from September 2017, was AED 60,000.

How big is unit 1802?

442 sqft (41.1 sqm): a studio on the 18th floor of a 43-storey tower completed in 2015.

What is unit 1802 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 1802, Upper Crest

Starts from the last sale price (AED 570K, 14 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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