3-bed · 1,722 sqftUpper Crest, Downtown Dubai · 20th floor · completed 2015

2007, Upper Crest

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

Unit 2007 · DLD and Ejari recordsUpdated 12 February 2024
Last soldAED 3.01M12 February 2024
Current rentAED 160K /yr19 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2007, Upper Crest

What is 2007 worth today?

Last sold for AED 3,012,206 in 2024

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12 Feb 2024SoldReady
AED 3,012,206AED 1,749 per sqft
19 Dec 2022RentedNew contract
AED 160,000/yr12 months · AED 93 per sqft
25 Oct 2021RentedNew contract
AED 123,000/yr12 months · AED 71 per sqft
15 Sep 2020RentedNew contract
AED 110,000/yr12 months · AED 64 per sqft
1 May 2020RentedRenewal
AED 120,000/yr4 months · AED 70 per sqft
1 Nov 2019RentedRenewal
AED 140,000/yr6 months · AED 81 per sqft
1 Nov 2018RentedRenewal
AED 155,000/yr12 months · AED 90 per sqft
1 Nov 2017RentedNew contract
AED 165,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 12 February 2024.

Key facts

Type
3-bed hotel apartment
Size
1,722 sqft
Floor
20th of 43
Parking
P2-63, P2-64
Developer
DAMAC
Completed
2015
Last sold
AED 3.01M · February 2024
Building
Upper Crest

About 2007, Upper Crest

2007 is a three-bedroom hotel apartment of 1,722 sqft on the 20th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 12 February 2024 for AED 3,012,206, or AED 1,749 per sqft, 28% above the AED 1,364 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 19 December 2022, is AED 160,000 a year: a gross yield of 5.3% on the 2024 price.

Sales and rents for 2007 over time

Sales
Unit 2007, each saleTypical three-bed in Upper Crest
3M4M5M2012201620202024Typical sale price by year: 2012 AED 2,753,850; 2013 AED 4,298,400; 2014 AED 4,477,500; 2016 AED 4,754,100; 2023 AED 2,945,000; 2024 AED 2,650,000Sold by developer, March 2012: AED 2,670,400 (AED 1,550 per sqft)Sold, February 2024: AED 3,012,206 (AED 1,749 per sqft)

2007 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2007, each contractTypical three-bed in Upper Crest
100K150K2017202020232026Typical rent by year: 2017 AED 165,000; 2018 AED 147,500; 2019 AED 125,000; 2020 AED 100,000; 2021 AED 101,750; 2022 AED 131,000; 2023 AED 160,000; 2024 AED 180,000; 2025 AED 175,000; 2026 AED 170,000New contract, November 2017: AED 165,000 a yearRenewal, November 2018: AED 155,000 a yearRenewal, November 2019: AED 140,000 a yearRenewal, May 2020: AED 120,000 a yearNew contract, September 2020: AED 110,000 a yearNew contract, October 2021: AED 123,000 a yearNew contract, December 2022: AED 160,000 a year

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

3-beds in Upper Crest, and where 2007 sits

All 38 3-beds →

2007 last sold in February 2024 at AED 1,749 per sqft, 28% above what three-beds in Upper Crest were fetching at the time (AED 1,364). Over the last 12 months three-beds sold for AED 2,650,000 to 3,400,000, around AED 1,756 per sqft, and rent for AED 138,000 to 220,000 a year. 2007's AED 160,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Apr 20262,650,000
30 Jan 20263,400,000
22 Oct 20252,530,000
17 Sep 20252,584,000
2 3-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 20th floor

All 390 units in Upper Crest
Value
20012-bedAED 2M · Jan 2024
2002StudioAED 800K · Dec 2022
20031-bedAED 1.2M · Sep 2023
20041-bedAED 1.28M · Jan 2024
20051-bedAED 1.48M · Mar 2012
20061-bedAED 1.4M · Jun 2022
2008StudioAED 450K · Aug 2020
1–7 of 10

2007, Upper Crest in numbers

  • Sold twice: first on 25 March 2012 for AED 2,670,400, last on 12 February 2024 for AED 3,012,206 (AED 1,749 per sqft).
  • Rented since November 2017 on 7 Ejari contracts. The rent fell from AED 165,000 to AED 110,000 in 2020 and recovered to AED 160,000 by December 2022.
  • At AED 160,000 a year the gross yield on the 2024 price is 5.3%.
  • Three-beds in Upper Crest sold for AED 2,650,000–3,400,000 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 12 February 2024.

Questions about 2007, Upper Crest

What did unit 2007 last sell for?

AED 3,012,206 on 12 February 2024: AED 1,749 per sqft for 1,722 sqft. The unit has 2 registered sales; the first was AED 2,670,400 in March 2012.

What is the rent for unit 2007?

AED 160,000 a year on the contract signed on 19 December 2022. The previous contract, from October 2021, was AED 123,000; the unit has been rented since November 2017.

How big is unit 2007?

1,722 sqft (160.0 sqm): a three-bedroom hotel apartment on the 20th floor of a 43-storey tower completed in 2015.

What is unit 2007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Upper Crest sold for AED 2,650,000 to 3,400,000 in the last 12 months, around AED 1,756 per sqft.

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Mortgage on 2007, Upper Crest

Starts from the last sale price (AED 3.01M, 12 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,012,206
Deposit, UAE resident (20%)
AED 602,441
Deposit, non-resident (40%)
AED 1,204,882
Monthly over 25 years at 3.7%
AED 12,324

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