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2-bed · 1,221 sqftUpper Crest, Downtown Dubai · 21st floor · completed 2015

2111, Upper Crest

Sold prices and rental history: sold twice, last in September 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2111 · DLD and Ejari recordsUpdated 13 September 2021
Last soldAED 1.2M13 September 2021
Current rentAED 75K /yr1 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2111, Upper Crest

What is 2111 worth today?

Last sold for AED 1,200,000 in 2021

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13 Sep 2021SoldReady
AED 1,200,000AED 983 per sqft
1 Jul 2020RentedNew contract
AED 75,000/yr12 months · AED 61 per sqft
30 Apr 2019RentedNew contract
AED 95,000/yr12 months · AED 78 per sqft
1 May 2018RentedNew contract
AED 125,000/yr12 months · AED 102 per sqft
31 May 2012Sold by developerOff-plan
AED 2,006,400AED 1,643 per sqft

Source: Dubai Land Department. Updated 13 September 2021.

Key facts

Type
2-bed hotel apartment
Size
1,221 sqft
Floor
21st of 43
Parking
P3-14
Developer
DAMAC
Completed
2015
Last sold
AED 1.2M · September 2021
Building
Upper Crest

About 2111, Upper Crest

2111 is a two-bedroom hotel apartment of 1,221 sqft on the 21st floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 13 September 2021 for AED 1,200,000, or AED 983 per sqft, in line with the AED 983 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 July 2020, is AED 75,000 a year: a gross yield of 6.3% on the 2021 price.

Sales and rents for 2111 over time

Sales
Unit 2111, 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, May 2012: AED 2,006,400 (AED 1,643 per sqft)Sold, September 2021: AED 1,200,000 (AED 983 per sqft)

2111 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2111, 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, May 2018: AED 125,000 a yearNew contract, April 2019: AED 95,000 a yearNew contract, July 2020: AED 75,000 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 2111 sits

All 105 2-beds →

2111 last sold in September 2021 at AED 983 per sqft, in line with what two-beds in Upper Crest were fetching at the time (AED 983). 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. 2111's AED 75,000 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 96K /yr
Typical yield
6.4%
Upper Crest, Downtown Dubai: prices, sales and rents →

Other units on the 21st floor

All 390 units in Upper Crest
Value
21012-bedAED 1.99M · May 2012
2102StudioAED 886K · Aug 2023
21031-bedAED 1.52M · Mar 2012
21041-bedAED 1.97M · Mar 2023
21051-bedAED 1.5M · Mar 2012
21061-bedAED 3.34M · Mar 2015
21073-bedAED 3.5M · Oct 2018
1–7 of 10

2111, Upper Crest in numbers

  • Sold twice: first on 31 May 2012 for AED 2,006,400, last on 13 September 2021 for AED 1,200,000 (AED 983 per sqft).
  • Rented since May 2018 on 3 Ejari contracts, from AED 125,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2021 price is 6.3%.
  • 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 13 September 2021.

Questions about 2111, Upper Crest

What did unit 2111 last sell for?

AED 1,200,000 on 13 September 2021: AED 983 per sqft for 1,221 sqft. The unit has 2 registered sales; the first was AED 2,006,400 in May 2012.

What is the rent for unit 2111?

AED 75,000 a year on the contract signed on 1 July 2020. The previous contract, from April 2019, was AED 95,000; the unit has been rented since May 2018.

How big is unit 2111?

1,221 sqft (113.4 sqm): a two-bedroom hotel apartment on the 21st floor of a 43-storey tower completed in 2015.

What is unit 2111 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 2111, Upper Crest

Starts from the last sale price (AED 1.2M, 13 September 2021). 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 →