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3-bed · 1,668 sqftUpper Crest, Downtown Dubai · 34th floor · completed 2015

3407, Upper Crest

Sold prices and rental history: sold once, by the developer in August 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3407 · DLD and Ejari recordsUpdated 10 December 2023
Last soldAED 4.75M14 August 2016
Current rentAED 170K /yr10 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3407, Upper Crest

What is 3407 worth today?

Last sold for AED 4,754,100 in 2016

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10 Dec 2023RentedNew contract
AED 170,000/yr36 months · AED 99 per sqft
10 Dec 2020RentedNew contract
AED 40,000/yr36 months · AED 23 per sqft
5 Nov 2019RentedNew contract
AED 125,000/yr12 months · AED 73 per sqft
14 Aug 2016Sold by developerOff-plan
AED 4,754,100AED 2,849 per sqft

Source: Dubai Land Department. Updated 10 December 2023.

Key facts

Type
3-bed hotel apartment
Size
1,668 sqft
Floor
34th of 43
Parking
P4-43, P4-44
Developer
DAMAC
Completed
2015
Last sold
AED 4.75M · August 2016
Building
Upper Crest

About 3407, Upper Crest

3407 is a three-bedroom hotel apartment of 1,668 sqft on the 34th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. The developer sold it on 14 August 2016 for AED 4,754,100, or AED 2,849 per sqft.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 10 December 2023, is AED 170,000 a year: a gross yield of 3.6% on the 2016 price.

Sales and rents for 3407 over time

Sales
Unit 3407, each saleTypical three-bed in Upper Crest
3M4M5M2012201620202024Typical sale price by year: 2012 AED 2,753,850; 2013 AED 4,298,400; 2014 AED 4,477,500; 2016 AED 4,754,100; 2023 AED 2,945,000; 2024 AED 2,650,000Sold by developer, August 2016: AED 4,754,100 (AED 2,849 per sqft)

3407 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3407, each contractTypical three-bed in Upper Crest
100K200K2017202020232026Typical rent by year: 2017 AED 165,000; 2018 AED 147,500; 2019 AED 125,000; 2020 AED 100,000; 2021 AED 101,750; 2022 AED 131,000; 2023 AED 160,000; 2024 AED 180,000; 2025 AED 175,000; 2026 AED 170,000New contract, November 2019: AED 125,000 a yearNew contract, December 2020: AED 40,000 a yearNew contract, December 2023: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Upper Crest, and where 3407 sits

All 38 3-beds →

Over the last 12 months three-beds sold for AED 2,650,000 to 3,400,000, around AED 1,756 per sqft, and rent for AED 138,000 to 220,000 a year. 3407's AED 170,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Apr 20262,650,000
30 Jan 20263,400,000
22 Oct 20252,530,000
17 Sep 20252,584,000
2 3-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 34th floor

All 390 units in Upper Crest
Value
34012-bedAED 2.05M · Apr 2024
3402StudioAED 1.22M · Jul 2014
34031-bedAED 1.25M · Aug 2026
34041-bedAED 2.4M · Apr 2014
34051-bedAED 1.48M · Dec 2025
34061-bedAED 2.76M · Aug 2016
3408StudioAED 1.44M · Nov 2013
1–7 of 10

3407, Upper Crest in numbers

  • Sold once: by DAMAC on 14 August 2016 for AED 4,754,100, or AED 2,849 per sqft.
  • Rented since November 2019 on 3 Ejari contracts. The rent fell from AED 125,000 to AED 40,000 in 2020 and recovered to AED 170,000 by December 2023.
  • At AED 170,000 a year the gross yield on the 2016 price is 3.6%.
  • Three-beds in Upper Crest sold for AED 2,650,000–3,400,000 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 10 December 2023.

Questions about 3407, Upper Crest

What did unit 3407 last sell for?

AED 4,754,100 on 14 August 2016, sold by the developer: AED 2,849 per sqft for 1,668 sqft. It is the only registered sale of the unit.

What is the rent for unit 3407?

AED 170,000 a year on the contract signed on 10 December 2023. The previous contract, from December 2020, was AED 40,000; the unit has been rented since November 2019.

How big is unit 3407?

1,668 sqft (155.0 sqm): a three-bedroom hotel apartment on the 34th floor of a 43-storey tower completed in 2015.

What is unit 3407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Upper Crest sold for AED 2,650,000 to 3,400,000 in the last 12 months, around AED 1,756 per sqft.

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Mortgage on 3407, Upper Crest

Starts from the last sale price (AED 4.75M, 14 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,754,100
Deposit, UAE resident (20%)
AED 950,820
Deposit, non-resident (40%)
AED 1,901,640
Monthly over 25 years at 3.7%
AED 19,450

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