2408, Upper Crest
Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2408, Upper Crest
What is 2408 worth today?
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Source: Dubai Land Department. Updated 21 November 2024.
Key facts
- Type
- Studio hotel apartment
- Size
- 497 sqft
- Floor
- 24th of 43
- Parking
- nan
- Developer
- DAMAC
- Completed
- 2015
- Last sold
- AED 1.2M · October 2012
- Building
- Upper Crest
About 2408, Upper Crest
2408 is a studio of 497 sqft on the 24th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. The developer sold it on 10 October 2012 for AED 1,203,400, or AED 2,423 per sqft, 33% above the AED 1,822 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 21 November 2024, is AED 70,000 a year: a gross yield of 5.8% on the 2012 price.
Sales and rents for 2408 over time
2408 has sold once; 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 2408 sits
All 70 studios →2408 last sold in October 2012 at AED 2,423 per sqft, 33% above what studios in Upper Crest were fetching at the time (AED 1,822). 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. 2408'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 24th floor
All 390 units in Upper Crest| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,143 sqft | AED 2.43MAED 2,431,800 · Sep 2012September 2012 | 120,000 /yr | |
| 2402 | Studio | 441 sqft | AED 891KAED 890,583 · Aug 2023August 2023 | 65,000 /yr | |
| 2403 | 1-bed | 828 sqft | AED 2.02MAED 2,017,100 · Apr 2013April 2013 | 88,000 /yr | |
| 2404 | 1-bed | 860 sqft | AED 2.01MAED 2,013,540 · Mar 2013March 2013 | 78,000 /yr | |
| 2405 | 1-bed | 901 sqft | AED 2.1MAED 2,102,340 · Mar 2013March 2013 | ||
| 2406 | 1-bed | 977 sqft | AED 2.76MAED 2,756,000 · Aug 2016August 2016 | 108,000 /yr | |
| 2407 | 3-bed | 1,723 sqft | AED 4.48MAED 4,477,500 · Mar 2014March 2014 | 190,000 /yr | |
| 2409 | 1-bed | 939 sqft | AED 1.43MAED 1,430,000 · Apr 2025April 2025 | 73,000 /yr | |
| 2410 | 2-bed | 1,142 sqft | AED 2.46MAED 2,464,000 · Nov 2012November 2012 | 135,000 /yr | |
| 2411 | 2-bed | 1,220 sqft | AED 2.81MAED 2,813,800 · Nov 2012November 2012 | 145,200 /yr |
2408, Upper Crest in numbers
- Sold once: by DAMAC on 10 October 2012 for AED 1,203,400, or AED 2,423 per sqft.
- Rented since February 2019 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 35,000 in 2022 and recovered to AED 70,000 by November 2024.
- At AED 70,000 a year the gross yield on the 2012 price is 5.8%.
- 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 21 November 2024.
Questions about 2408, Upper Crest
What did unit 2408 last sell for?
AED 1,203,400 on 10 October 2012, sold by the developer: AED 2,423 per sqft for 497 sqft. It is the only registered sale of the unit.
What is the rent for unit 2408?
AED 70,000 a year on the contract signed on 21 November 2024. The previous contract, from July 2022, was AED 35,000; the unit has been rented since February 2019.
How big is unit 2408?
497 sqft (46.2 sqm): a studio on the 24th floor of a 43-storey tower completed in 2015.
What is unit 2408 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 2408, Upper Crest
Starts from the last sale price (AED 1.2M, 10 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,203,400
- Deposit, UAE resident (20%)
- AED 240,680
- Deposit, non-resident (40%)
- AED 481,360
- Monthly over 25 years at 3.7%
- AED 4,923
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →