1-bed · 912 sqftUpper Crest, Downtown Dubai · 25th floor · completed 2015

2509, Upper Crest

Sold prices and rental history: sold once, by the developer in November 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2509 · DLD and Ejari recordsUpdated 28 April 2023
Last soldAED 2.27M22 November 2012
Current rentAED 100K /yr28 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2509, Upper Crest

What is 2509 worth today?

Last sold for AED 2,274,700 in 2012

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Apr 2023RentedNew contract
AED 100,000/yr12 months · AED 109 per sqft
1 Jan 2022RentedRenewal
AED 55,000/yr12 months · AED 60 per sqft
1 Jan 2021RentedNew contract
AED 55,000/yr12 months · AED 60 per sqft
7 Dec 2019RentedRenewal
AED 66,000/yr12 months · AED 72 per sqft
7 Dec 2018RentedNew contract
AED 71,000/yr12 months · AED 78 per sqft
22 Nov 2012Sold by developerOff-plan
AED 2,274,700AED 2,495 per sqft

Source: Dubai Land Department. Updated 28 April 2023.

Key facts

Type
1-bed hotel apartment
Size
912 sqft
Floor
25th of 43
Parking
P3-53
Developer
DAMAC
Completed
2015
Last sold
AED 2.27M · November 2012
Building
Upper Crest

About 2509, Upper Crest

2509 is a one-bedroom hotel apartment of 912 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 22 November 2012 for AED 2,274,700, or AED 2,495 per sqft, 46% above the AED 1,709 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 28 April 2023, is AED 100,000 a year: a gross yield of 4.4% on the 2012 price.

Sales and rents for 2509 over time

Sales
Unit 2509, each saleTypical one-bed in Upper Crest
1M2M2012201620202024Typical sale price by year: 2012 AED 1,562,975; 2013 AED 2,086,100; 2014 AED 2,201,225; 2015 AED 2,324,354; 2016 AED 2,431,363; 2017 AED 1,245,000; 2018 AED 1,320,000; 2019 AED 900,000; 2020 AED 820,000; 2021 AED 850,000; 2022 AED 1,275,000; 2023 AED 1,425,000; 2024 AED 1,330,000; 2025 AED 1,500,000; 2026 AED 1,300,000Sold by developer, November 2012: AED 2,274,700 (AED 2,495 per sqft)

2509 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2509, each contractTypical one-bed in Upper Crest
50K75K100K2017202020232026Typical rent by year: 2017 AED 85,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 60,081; 2021 AED 65,000; 2022 AED 78,600; 2023 AED 90,000; 2024 AED 95,000; 2025 AED 100,000; 2026 AED 93,000New contract, December 2018: AED 71,000 a yearRenewal, December 2019: AED 66,000 a yearNew contract, January 2021: AED 55,000 a yearRenewal, January 2022: AED 55,000 a yearNew contract, April 2023: AED 100,000 a year

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

1-beds in Upper Crest, and where 2509 sits

All 177 1-beds →

2509 last sold in November 2012 at AED 2,495 per sqft, 46% above what one-beds in Upper Crest were fetching at the time (AED 1,709). Over the last 12 months one-beds sold for AED 1,200,000 to 1,796,259, around AED 1,573 per sqft, and rent for AED 50,000 to 170,000 a year. 2509's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,300,000
10 Aug 20261,200,000
4 Aug 20261,250,000
3 Mar 20261,350,000
10 1-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 95K /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
2502StudioAED 1.08M · 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
1–7 of 10

2509, Upper Crest in numbers

  • Sold once: by DAMAC on 22 November 2012 for AED 2,274,700, or AED 2,495 per sqft.
  • Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 71,000 to AED 55,000 in 2022 and recovered to AED 100,000 by April 2023.
  • At AED 100,000 a year the gross yield on the 2012 price is 4.4%.
  • One-beds in Upper Crest sold for AED 1,200,000–1,796,259 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 28 April 2023.

Questions about 2509, Upper Crest

What did unit 2509 last sell for?

AED 2,274,700 on 22 November 2012, sold by the developer: AED 2,495 per sqft for 912 sqft. It is the only registered sale of the unit.

What is the rent for unit 2509?

AED 100,000 a year on the contract signed on 28 April 2023. The previous contract, from January 2022, was AED 55,000; the unit has been rented since December 2018.

How big is unit 2509?

912 sqft (84.7 sqm): a one-bedroom hotel apartment on the 25th floor of a 43-storey tower completed in 2015.

What is unit 2509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Upper Crest sold for AED 1,200,000 to 1,796,259 in the last 12 months, around AED 1,573 per sqft.

Selling 2509? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2509, Upper Crest

Starts from the last sale price (AED 2.27M, 22 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,274,700
Deposit, UAE resident (20%)
AED 454,940
Deposit, non-resident (40%)
AED 909,880
Monthly over 25 years at 3.7%
AED 9,307

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