1-bed · 860 sqftUpper Crest, Downtown Dubai · 29th floor · completed 2015

2904, Upper Crest

Sold prices and rental history: sold once, by the developer in April 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2904 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 2.09M15 April 2013
Current rentAED 80K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2904, Upper Crest

What is 2904 worth today?

Last sold for AED 2,086,100 in 2013

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1 Jul 2024RentedRenewal
AED 80,000/yr12 months · AED 93 per sqft
1 Jul 2023RentedNew contract
AED 80,000/yr12 months · AED 93 per sqft
1 May 2022RentedRenewal
AED 62,000/yr12 months · AED 72 per sqft
1 May 2021RentedNew contract
AED 62,000/yr12 months · AED 72 per sqft
25 Sep 2019RentedRenewal
AED 71,000/yr12 months · AED 82 per sqft
25 Sep 2018RentedNew contract
AED 76,000/yr12 months · AED 88 per sqft
29 Jun 2017RentedNew contract
AED 84,530/yr12 months · AED 98 per sqft
15 Apr 2013Sold by developerOff-plan
AED 2,086,100AED 2,424 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
1-bed hotel apartment
Size
860 sqft
Floor
29th of 43
Parking
P4-02
Developer
DAMAC
Completed
2015
Last sold
AED 2.09M · April 2013
Building
Upper Crest

About 2904, Upper Crest

2904 is a one-bedroom hotel apartment of 860 sqft on the 29th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. The developer sold it on 15 April 2013 for AED 2,086,100, or AED 2,424 per sqft, 5% above the AED 2,311 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 80,000 a year: a gross yield of 3.8% on the 2013 price.

Sales and rents for 2904 over time

Sales
Unit 2904, 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, April 2013: AED 2,086,100 (AED 2,424 per sqft)

2904 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2904, each contractTypical one-bed in Upper Crest
60K80K100K2017202020232026Typical 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, June 2017: AED 84,530 a yearNew contract, September 2018: AED 76,000 a yearRenewal, September 2019: AED 71,000 a yearNew contract, May 2021: AED 62,000 a yearRenewal, May 2022: AED 62,000 a yearNew contract, July 2023: AED 80,000 a yearRenewal, July 2024: AED 80,000 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 2904 sits

All 177 1-beds →

2904 last sold in April 2013 at AED 2,424 per sqft, 5% above what one-beds in Upper Crest were fetching at the time (AED 2,311). 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. 2904's AED 80,000 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 96K /yr
Typical yield
6.4%
Upper Crest, Downtown Dubai: prices, sales and rents →

Other units on the 29th floor

All 390 units in Upper Crest
Value
29012-bedAED 1.55M · Nov 2021
2902StudioAED 1.35M · Feb 2013
29031-bedAED 2.06M · Apr 2013
29051-bedAED 1.33M · Jul 2024
29061-bedAED 2.76M · Aug 2016
29073-bedAED 4.12M · Mar 2013
2908StudioAED 1.52M · Feb 2013
1–7 of 10

2904, Upper Crest in numbers

  • Sold once: by DAMAC on 15 April 2013 for AED 2,086,100, or AED 2,424 per sqft.
  • Rented since June 2017 on 7 Ejari contracts. The rent fell from AED 84,530 to AED 62,000 in 2022 and recovered to AED 80,000 by July 2024.
  • At AED 80,000 a year the gross yield on the 2013 price is 3.8%.
  • 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 1 July 2024.

Questions about 2904, Upper Crest

What did unit 2904 last sell for?

AED 2,086,100 on 15 April 2013, sold by the developer: AED 2,424 per sqft for 860 sqft. It is the only registered sale of the unit.

What is the rent for unit 2904?

AED 80,000 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 80,000; the unit has been rented since June 2017.

How big is unit 2904?

860 sqft (79.9 sqm): a one-bedroom hotel apartment on the 29th floor of a 43-storey tower completed in 2015.

What is unit 2904 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.

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Mortgage on 2904, Upper Crest

Starts from the last sale price (AED 2.09M, 15 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,086,100
Deposit, UAE resident (20%)
AED 417,220
Deposit, non-resident (40%)
AED 834,440
Monthly over 25 years at 3.7%
AED 8,535

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