Studio · 491 sqftUpper Crest, Downtown Dubai · 27th floor · completed 2015

2708, Upper Crest

Sold prices and rental history: sold once, by the developer in June 2017, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2708 · DLD and Ejari recordsUpdated 3 August 2024
Last soldAED 1.4M11 June 2017
Current rentAED 50K /yr3 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2708, Upper Crest

What is 2708 worth today?

Last sold for AED 1,404,000 in 2017

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3 Aug 2024RentedNew contract
AED 49,866/yr12 months · AED 101 per sqft
8 Jan 2019RentedNew contract
AED 65,000/yr12 months · AED 131 per sqft
11 Jun 2017Sold by developerReady
AED 1,404,000AED 2,859 per sqft

Source: Dubai Land Department. Updated 3 August 2024.

Key facts

Type
Studio hotel apartment
Size
491 sqft
Floor
27th of 43
Parking
P3-77
Developer
DAMAC
Completed
2015
Last sold
AED 1.4M · June 2017
Building
Upper Crest

About 2708, Upper Crest

2708 is a studio of 491 sqft on the 27th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. The developer sold it on 11 June 2017 for AED 1,404,000, or AED 2,859 per sqft, in line with the AED 2,818 studios in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 3 August 2024, is AED 49,866 a year: a gross yield of 3.5% on the 2017 price.

Sales and rents for 2708 over time

Sales
Unit 2708, 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, June 2017: AED 1,404,000 (AED 2,859 per sqft)

2708 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2708, 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, January 2019: AED 65,000 a yearNew contract, August 2024: AED 49,866 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 2708 sits

All 70 studios →

2708 last sold in June 2017 at AED 2,859 per sqft, in line with what studios in Upper Crest were fetching at the time (AED 2,818). 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. 2708's AED 49,866 is in the lower 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 27th floor

All 390 units in Upper Crest
Value
27012-bedAED 1.85M · Jun 2023
2702StudioAED 1.04M · Aug 2012
27031-bedAED 900K · Oct 2021
27041-bedAED 1.2M · Mar 2018
27051-bedAED 1.2M · Nov 2017
27061-bedAED 2.29M · Aug 2016
27073-bedAED 2.2M · Jun 2023
1–7 of 10

2708, Upper Crest in numbers

  • Sold once: by DAMAC on 11 June 2017 for AED 1,404,000, or AED 2,859 per sqft.
  • Rented since January 2019 on 2 Ejari contracts, from AED 65,000 to AED 49,866 a year.
  • At AED 49,866 a year the gross yield on the 2017 price is 3.5%.
  • 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 3 August 2024.

Questions about 2708, Upper Crest

What did unit 2708 last sell for?

AED 1,404,000 on 11 June 2017, sold by the developer: AED 2,859 per sqft for 491 sqft. It is the only registered sale of the unit.

What is the rent for unit 2708?

AED 49,866 a year on the contract signed on 3 August 2024. The previous contract, from January 2019, was AED 65,000.

How big is unit 2708?

491 sqft (45.6 sqm): a studio on the 27th floor of a 43-storey tower completed in 2015.

What is unit 2708 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 2708, Upper Crest

Starts from the last sale price (AED 1.4M, 11 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,404,000
Deposit, UAE resident (20%)
AED 280,800
Deposit, non-resident (40%)
AED 561,600
Monthly over 25 years at 3.7%
AED 5,744

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