2-bed · 1,220 sqftUpper Crest, Downtown Dubai · 28th floor · completed 2015

2811, Upper Crest

Sold prices and rental history: sold once, by the developer in May 2013, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2811 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 2.91M9 May 2013
Current rentAED 145K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2811, Upper Crest

What is 2811 worth today?

Last sold for AED 2,909,500 in 2013

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1 Apr 2024RentedRenewal
AED 145,000/yr12 months · AED 119 per sqft
1 Apr 2023RentedRenewal
AED 115,500/yr12 months · AED 95 per sqft
1 Apr 2022RentedRenewal
AED 105,000/yr12 months · AED 86 per sqft
1 Apr 2021RentedRenewal
AED 90,000/yr12 months · AED 74 per sqft
1 Apr 2020RentedRenewal
AED 100,000/yr12 months · AED 82 per sqft
1 Apr 2019RentedNew contract
AED 105,000/yr12 months · AED 86 per sqft
9 May 2013Sold by developerOff-plan
AED 2,909,500AED 2,385 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
2-bed hotel apartment
Size
1,220 sqft
Floor
28th of 43
Parking
P3-88
Developer
DAMAC
Completed
2015
Last sold
AED 2.91M · May 2013
Building
Upper Crest

About 2811, Upper Crest

2811 is a two-bedroom hotel apartment of 1,220 sqft on the 28th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. The developer sold it on 9 May 2013 for AED 2,909,500, or AED 2,385 per sqft, 14% above the AED 2,083 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 145,000 a year: a gross yield of 5.0% on the 2013 price.

Sales and rents for 2811 over time

Sales
Unit 2811, 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 2013: AED 2,909,500 (AED 2,385 per sqft)

2811 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2811, each contractTypical two-bed in Upper Crest
100K150K2017202020232026Typical 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, April 2019: AED 105,000 a yearRenewal, April 2020: AED 100,000 a yearRenewal, April 2021: AED 90,000 a yearRenewal, April 2022: AED 105,000 a yearRenewal, April 2023: AED 115,500 a yearRenewal, April 2024: AED 145,000 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 2811 sits

All 105 2-beds →

2811 last sold in May 2013 at AED 2,385 per sqft, 14% above what two-beds in Upper Crest were fetching at the time (AED 2,083). 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. 2811's AED 145,000 is in the upper 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 28th floor

All 390 units in Upper Crest
Value
28012-bedAED 2.74M · Apr 2013
2802StudioAED 1.35M · Mar 2013
28031-bedAED 2.43M · Jan 2016
28041-bedAED 1.38M · Dec 2023
28051-bedAED 2.32M · May 2013
28061-bedAED 3.65M · Nov 2014
28073-bedAED 6.27M · Nov 2014
1–7 of 10

2811, Upper Crest in numbers

  • Sold once: by DAMAC on 9 May 2013 for AED 2,909,500, or AED 2,385 per sqft.
  • Rented since April 2019 on 6 Ejari contracts. The rent fell from AED 105,000 to AED 90,000 in 2021 and recovered to AED 145,000 by April 2024.
  • At AED 145,000 a year the gross yield on the 2013 price is 5.0%.
  • 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 1 April 2024.

Questions about 2811, Upper Crest

What did unit 2811 last sell for?

AED 2,909,500 on 9 May 2013, sold by the developer: AED 2,385 per sqft for 1,220 sqft. It is the only registered sale of the unit.

What is the rent for unit 2811?

AED 145,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 115,500; the unit has been rented since April 2019.

How big is unit 2811?

1,220 sqft (113.3 sqm): a two-bedroom hotel apartment on the 28th floor of a 43-storey tower completed in 2015.

What is unit 2811 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 2811, Upper Crest

Starts from the last sale price (AED 2.91M, 9 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,909,500
Deposit, UAE resident (20%)
AED 581,900
Deposit, non-resident (40%)
AED 1,163,800
Monthly over 25 years at 3.7%
AED 11,904

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