2008, Upper Crest
Sold prices and rental history: sold twice, last in August 2020, 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 2008, Upper Crest
What is 2008 worth today?
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Source: Dubai Land Department. Updated 9 November 2024.
Key facts
- Type
- Studio hotel apartment
- Size
- 249 sqft
- Floor
- 20th of 43
- Parking
- P1-32
- Developer
- DAMAC
- Completed
- 2015
- Last sold
- AED 450K · August 2020
- Building
- Upper Crest
About 2008, Upper Crest
2008 is a studio of 249 sqft on the 20th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 5 August 2020 for AED 450,000, or AED 1,804 per sqft, 23% above the AED 1,470 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 9 November 2024, is AED 70,000 a year: a gross yield of 15.6% on the 2020 price.
Sales and rents for 2008 over time
2008 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 2008 sits
All 70 studios →2008 last sold in August 2020 at AED 1,804 per sqft, 23% above what studios in Upper Crest were fetching at the time (AED 1,470). 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. 2008's AED 70,000 is in the upper 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 95K /yr
- Typical yield
- 6.4%
Other units on the 20th floor
All 390 units in Upper Crest| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,142 sqft | AED 2MAED 2,000,000 · Jan 2024January 2024 | 98,000 /yr | |
| 2002 | Studio | 442 sqft | AED 800KAED 800,000 · Dec 2022December 2022 | 68,250 /yr | |
| 2003 | 1-bed | 821 sqft | AED 1.2MAED 1,200,000 · Sep 2023September 2023 | 95,000 /yr | |
| 2004 | 1-bed | 853 sqft | AED 1.28MAED 1,275,000 · Jan 2024January 2024 | 100,000 /yr | |
| 2005 | 1-bed | 901 sqft | AED 1.48MAED 1,483,200 · Mar 2012March 2012 | 100,000 /yr | |
| 2006 | 1-bed | 1,002 sqft | AED 1.4MAED 1,397,152 · Jun 2022June 2022 | 88,000 /yr | |
| 2007 | 3-bed | 1,722 sqft | AED 3.01MAED 3,012,206 · Feb 2024February 2024 | 160,000 /yr | |
| 2009 | 1-bed | 931 sqft | AED 1.36MAED 1,360,000 · Jun 2024June 2024 | 70,400 /yr | |
| 2010 | 2-bed | 1,135 sqft | AED 1.05MAED 1,050,000 · Jun 2021June 2021 | 143,000 /yr | |
| 2011 | 2-bed | 1,221 sqft | AED 2.34MAED 2,340,000 · Feb 2026February 2026 | 84,000 /yr |
2008, Upper Crest in numbers
- Sold twice: first on 3 March 2014 for AED 1,365,000, last on 5 August 2020 for AED 450,000 (AED 1,804 per sqft).
- Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 63,000 to AED 53,000 in 2019 and recovered to AED 70,000 by November 2024.
- At AED 70,000 a year the gross yield on the 2020 price is 15.6%.
- 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 9 November 2024.
Questions about 2008, Upper Crest
What did unit 2008 last sell for?
AED 450,000 on 5 August 2020: AED 1,804 per sqft for 249 sqft. The unit has 2 registered sales; the first was AED 1,365,000 in March 2014.
What is the rent for unit 2008?
AED 70,000 a year on the contract renewed on 9 November 2024. The previous contract, from November 2023, was AED 70,000; the unit has been rented since August 2017.
How big is unit 2008?
249 sqft (23.1 sqm): a studio on the 20th floor of a 43-storey tower completed in 2015.
What is unit 2008 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.
Selling 2008? Put it on the OpenOffers board
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Mortgage on 2008, Upper Crest
Starts from the last sale price (AED 450K, 5 August 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →