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2-bed · 1,143 sqftUpper Crest, Downtown Dubai · 33rd floor · completed 2015

3301, Upper Crest

Sold prices and rental history: sold twice, last in February 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3301 · DLD and Ejari recordsUpdated 22 February 2024
Last soldAED 1.8M22 February 2024
Current rentAED 65K /yr11 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3301, Upper Crest

What is 3301 worth today?

Last sold for AED 1,800,000 in 2024

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22 Feb 2024SoldReady
AED 1,800,000AED 1,574 per sqft
11 Jul 2020RentedNew contract
AED 65,000/yr12 months · AED 57 per sqft
9 Sep 2017RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft
20 May 2014Sold by developerOff-plan
AED 3,158,800AED 2,762 per sqft

Source: Dubai Land Department. Updated 22 February 2024.

Key facts

Type
2-bed hotel apartment
Size
1,143 sqft
Floor
33rd of 43
Parking
P4-33
Developer
DAMAC
Completed
2015
Last sold
AED 1.8M · February 2024
Building
Upper Crest

About 3301, Upper Crest

3301 is a two-bedroom hotel apartment of 1,143 sqft on the 33rd floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 22 February 2024 for AED 1,800,000, or AED 1,574 per sqft, 4% below the AED 1,636 two-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 11 July 2020, is AED 65,000 a year: a gross yield of 3.6% on the 2024 price.

Sales and rents for 3301 over time

Sales
Unit 3301, 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 2014: AED 3,158,800 (AED 2,762 per sqft)Sold, February 2024: AED 1,800,000 (AED 1,574 per sqft)

3301 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3301, each contractTypical two-bed in Upper Crest
100K2017202020232026Typical 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, September 2017: AED 110,000 a yearNew contract, July 2020: AED 65,000 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 3301 sits

All 105 2-beds →

3301 last sold in February 2024 at AED 1,574 per sqft, 4% below what two-beds in Upper Crest were fetching at the time (AED 1,636). 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. 3301's AED 65,000 is at the bottom 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 33rd floor

All 390 units in Upper Crest
Value
3302StudioAED 1.16M · Jul 2013
33031-bedAED 1.32M · Aug 2024
33041-bedAED 2.09M · Jun 2013
33051-bedAED 1.4M · Sep 2024
33061-bedAED 1.64M · Mar 2022
33073-bedAED 2.44M · Mar 2022
3308StudioAED 1.3M · Jul 2013
1–7 of 10

3301, Upper Crest in numbers

  • Sold twice: first on 20 May 2014 for AED 3,158,800, last on 22 February 2024 for AED 1,800,000 (AED 1,574 per sqft).
  • Rented since September 2017 on 2 Ejari contracts, from AED 110,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 3.6%.
  • 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 22 February 2024.

Questions about 3301, Upper Crest

What did unit 3301 last sell for?

AED 1,800,000 on 22 February 2024: AED 1,574 per sqft for 1,143 sqft. The unit has 2 registered sales; the first was AED 3,158,800 in May 2014.

What is the rent for unit 3301?

AED 65,000 a year on the contract signed on 11 July 2020. The previous contract, from September 2017, was AED 110,000.

How big is unit 3301?

1,143 sqft (106.2 sqm): a two-bedroom hotel apartment on the 33rd floor of a 43-storey tower completed in 2015.

What is unit 3301 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 3301, Upper Crest

Starts from the last sale price (AED 1.8M, 22 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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