1-bed · 829 sqftUpper Crest, Downtown Dubai · 31st floor · completed 2015

3103, Upper Crest

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

Unit 3103 · DLD and Ejari recordsUpdated 9 November 2024
Last soldAED 2.02M17 March 2013
Current rentAED 100K /yr9 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3103, Upper Crest

What is 3103 worth today?

Last sold for AED 2,017,100 in 2013

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9 Nov 2024RentedNew contract
AED 100,000/yr12 months · AED 121 per sqft
7 Nov 2023RentedNew contract
AED 86,000/yr12 months · AED 104 per sqft
7 Nov 2022RentedNew contract
AED 86,000/yr12 months · AED 104 per sqft
3 Nov 2021RentedNew contract
AED 75,000/yr12 months · AED 90 per sqft
1 Nov 2020RentedNew contract
AED 60,000/yr12 months · AED 72 per sqft
3 Sep 2019RentedNew contract
AED 75,000/yr12 months · AED 90 per sqft
16 Jul 2017RentedNew contract
AED 85,000/yr12 months · AED 103 per sqft
17 Mar 2013Sold by developerOff-plan
AED 2,017,100AED 2,433 per sqft

Source: Dubai Land Department. Updated 9 November 2024.

Key facts

Type
1-bed hotel apartment
Size
829 sqft
Floor
31st of 43
Parking
P4-17
Developer
DAMAC
Completed
2015
Last sold
AED 2.02M · March 2013
Building
Upper Crest

About 3103, Upper Crest

3103 is a one-bedroom hotel apartment of 829 sqft on the 31st floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. The developer sold it on 17 March 2013 for AED 2,017,100, or AED 2,433 per sqft, 37% above the AED 1,773 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 9 November 2024, is AED 100,000 a year: a gross yield of 5.0% on the 2013 price.

Sales and rents for 3103 over time

Sales
Unit 3103, 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, March 2013: AED 2,017,100 (AED 2,433 per sqft)

3103 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3103, 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, July 2017: AED 85,000 a yearNew contract, September 2019: AED 75,000 a yearNew contract, November 2020: AED 60,000 a yearNew contract, November 2021: AED 75,000 a yearNew contract, November 2022: AED 86,000 a yearNew contract, November 2023: AED 86,000 a yearNew contract, November 2024: 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 3103 sits

All 177 1-beds →

3103 last sold in March 2013 at AED 2,433 per sqft, 37% above what one-beds in Upper Crest were fetching at the time (AED 1,773). 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. 3103'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 96K /yr
Typical yield
6.4%
Upper Crest, Downtown Dubai: prices, sales and rents →

Other units on the 31st floor

All 390 units in Upper Crest
Value
31012-bedAED 2.74M · Mar 2013
3102StudioAED 1.06M · Mar 2013
31041-bedAED 2.09M · Mar 2013
31051-bedAED 2.18M · Mar 2013
31061-bedAED 2.4M · Mar 2013
31073-bedAED 4.12M · Mar 2013
3108StudioAED 1.2M · Mar 2013
1–7 of 10

3103, Upper Crest in numbers

  • Sold once: by DAMAC on 17 March 2013 for AED 2,017,100, or AED 2,433 per sqft.
  • Rented since July 2017 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2020 and recovered to AED 100,000 by November 2024.
  • At AED 100,000 a year the gross yield on the 2013 price is 5.0%.
  • 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 9 November 2024.

Questions about 3103, Upper Crest

What did unit 3103 last sell for?

AED 2,017,100 on 17 March 2013, sold by the developer: AED 2,433 per sqft for 829 sqft. It is the only registered sale of the unit.

What is the rent for unit 3103?

AED 100,000 a year on the contract signed on 9 November 2024. The previous contract, from November 2023, was AED 86,000; the unit has been rented since July 2017.

How big is unit 3103?

829 sqft (77.0 sqm): a one-bedroom hotel apartment on the 31st floor of a 43-storey tower completed in 2015.

What is unit 3103 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 3103, Upper Crest

Starts from the last sale price (AED 2.02M, 17 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,017,100
Deposit, UAE resident (20%)
AED 403,420
Deposit, non-resident (40%)
AED 806,840
Monthly over 25 years at 3.7%
AED 8,253

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