Studio · 441 sqftUpper Crest, Downtown Dubai · 25th floor · completed 2015

2502, Upper Crest

Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2502 · DLD and Ejari recordsUpdated 21 October 2024
Last soldAED 1.08M10 October 2012
Current rentAED 70K /yr21 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2502, Upper Crest

What is 2502 worth today?

Last sold for AED 1,084,800 in 2012

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21 Oct 2024RentedNew contract
AED 70,000/yr12 months · AED 159 per sqft
22 Sep 2023RentedNew contract
AED 65,000/yr12 months · AED 147 per sqft
5 Aug 2022RentedRenewal
AED 52,800/yr12 months · AED 120 per sqft
5 Aug 2021RentedRenewal
AED 48,000/yr12 months · AED 109 per sqft
5 Aug 2020RentedRenewal
AED 48,000/yr12 months · AED 109 per sqft
5 Aug 2019RentedNew contract
AED 55,000/yr12 months · AED 125 per sqft
28 Jul 2018RentedNew contract
AED 56,000/yr12 months · AED 127 per sqft
28 Jun 2017RentedNew contract
AED 65,000/yr12 months · AED 147 per sqft

Source: Dubai Land Department. Updated 21 October 2024.

Key facts

Type
Studio hotel apartment
Size
441 sqft
Floor
25th of 43
Parking
nan
Developer
DAMAC
Completed
2015
Last sold
AED 1.08M · October 2012
Building
Upper Crest

About 2502, Upper Crest

2502 is a studio of 441 sqft on the 25th 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 1,084,800, or AED 2,459 per sqft, 35% above the AED 1,822 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 21 October 2024, is AED 70,000 a year: a gross yield of 6.5% on the 2012 price.

Sales and rents for 2502 over time

Sales
Unit 2502, 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, October 2012: AED 1,084,800 (AED 2,459 per sqft)

2502 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2502, 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, June 2017: AED 65,000 a yearNew contract, July 2018: AED 56,000 a yearNew contract, August 2019: AED 55,000 a yearRenewal, August 2020: AED 48,000 a yearRenewal, August 2021: AED 48,000 a yearRenewal, August 2022: AED 52,800 a yearNew contract, September 2023: AED 65,000 a yearNew contract, October 2024: AED 70,000 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 2502 sits

All 70 studios →

2502 last sold in October 2012 at AED 2,459 per sqft, 35% 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. 2502's AED 70,000 is in the upper 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 96K /yr
Typical yield
6.4%
Upper Crest, Downtown Dubai: prices, sales and rents →

Other units on the 25th floor

All 390 units in Upper Crest
Value
25012-bedAED 2.55M · Oct 2012
25031-bedAED 2.19M · Dec 2013
25041-bedAED 2.4M · Feb 2013
25051-bedAED 2.5M · Feb 2013
25061-bedAED 2.76M · Aug 2016
25073-bedAED 4.21M · Nov 2013
2508StudioAED 1.2M · Sep 2015
1–7 of 10

2502, Upper Crest in numbers

  • Sold once: by DAMAC on 10 October 2012 for AED 1,084,800, or AED 2,459 per sqft.
  • Rented since June 2017 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 48,000 in 2021 and recovered to AED 70,000 by October 2024.
  • At AED 70,000 a year the gross yield on the 2012 price is 6.5%.
  • 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 21 October 2024.

Questions about 2502, Upper Crest

What did unit 2502 last sell for?

AED 1,084,800 on 10 October 2012, sold by the developer: AED 2,459 per sqft for 441 sqft. It is the only registered sale of the unit.

What is the rent for unit 2502?

AED 70,000 a year on the contract signed on 21 October 2024. The previous contract, from September 2023, was AED 65,000; the unit has been rented since June 2017.

How big is unit 2502?

441 sqft (41.0 sqm): a studio on the 25th floor of a 43-storey tower completed in 2015.

What is unit 2502 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 2502, Upper Crest

Starts from the last sale price (AED 1.08M, 10 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,084,800
Deposit, UAE resident (20%)
AED 216,960
Deposit, non-resident (40%)
AED 433,920
Monthly over 25 years at 3.7%
AED 4,438

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