Studio · 491 sqftUpper Crest, Downtown Dubai · 35th floor · completed 2015

3508, Upper Crest

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3508 · DLD and Ejari recordsUpdated 21 May 2025
Last soldAED 1.38M28 December 2014
Current rentAED 72K /yr21 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3508, Upper Crest

What is 3508 worth today?

Last sold for AED 1,380,650 in 2014

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21 May 2025RentedRenewal
AED 72,000/yr12 months · AED 145 per sqft
21 May 2024RentedRenewal
AED 72,000/yr12 months · AED 145 per sqft
10 May 2024RentedRenewal · flagged as an outlier
AED 2,434,909/yrAED 4,918 per sqft
10 May 2023RentedNew contract
AED 72,000/yr12 months · AED 145 per sqft
8 May 2022RentedNew contract
AED 67,000/yr12 months · AED 135 per sqft
1 Jan 2018RentedNew contract
AED 79,786/yr12 months · AED 161 per sqft
28 Dec 2014Sold by developerOff-plan
AED 1,380,650AED 2,812 per sqft

Source: Dubai Land Department. Updated 21 May 2025.

Key facts

Type
Studio hotel apartment
Size
491 sqft
Floor
35th of 43
Parking
P4-74
Developer
DAMAC
Completed
2015
Last sold
AED 1.38M · December 2014
Building
Upper Crest

About 3508, Upper Crest

3508 is a studio of 491 sqft on the 35th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. The developer sold it on 28 December 2014 for AED 1,380,650, or AED 2,812 per sqft, in line with the AED 2,876 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 21 May 2025, is AED 72,000 a year: a gross yield of 5.2% on the 2014 price.

Sales and rents for 3508 over time

Sales
Unit 3508, each saleTypical studio in Upper Crest
500K1M1.5M2012201620202024Typical sale price by year: 2012 AED 902,550; 2013 AED 1,350,130; 2014 AED 1,365,000; 2016 AED 1,226,950; 2020 AED 572,500; 2022 AED 790,000; 2023 AED 885,507; 2024 AED 885,722Sold by developer, December 2014: AED 1,380,650 (AED 2,812 per sqft)

3508 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 3508, each contractTypical studio in Upper Crest
40K60K80K2017202020232026Typical rent by year: 2017 AED 65,000; 2018 AED 60,000; 2019 AED 55,000; 2020 AED 46,000; 2021 AED 40,000; 2022 AED 52,000; 2023 AED 60,000; 2024 AED 66,500; 2025 AED 68,250; 2026 AED 65,000New contract, January 2018: AED 79,786 a yearNew contract, May 2022: AED 67,000 a yearNew contract, May 2023: AED 72,000 a yearRenewal, May 2024: AED 72,000 a yearRenewal, May 2025: AED 72,000 a year

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

Studios in Upper Crest, and where 3508 sits

All 70 studios →

3508 last sold in December 2014 at AED 2,812 per sqft, in line with what studios in Upper Crest were fetching at the time (AED 2,876). Over the last 12 months studios sold for AED 1,000,000, around AED 2,264 per sqft, and rent for AED 48,000 to 90,000 a year. 3508's AED 72,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Apr 20261,000,000
1 Apr 20261,000,000
21 Jul 2025980,000
28 Aug 2024920,000
2 studio 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 35th floor

All 390 units in Upper Crest
Value
35012-bedAED 2M · Jun 2026
3502StudioAED 1.23M · Sep 2014
35031-bedAED 2.28M · Aug 2014
35041-bedAED 2.42M · Apr 2014
35051-bedAED 2.18M · Apr 2014
35061-bedAED 1.48M · Mar 2022
35073-bedAED 2.53M · Oct 2025
1–7 of 10

3508, Upper Crest in numbers

  • Sold once: by DAMAC on 28 December 2014 for AED 1,380,650, or AED 2,812 per sqft.
  • Rented since January 2018 on 6 Ejari contracts, from AED 79,786 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2014 price is 5.2%.
  • Studios in Upper Crest sold for AED 1,000,000–1,000,000 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 21 May 2025.

Questions about 3508, Upper Crest

What did unit 3508 last sell for?

AED 1,380,650 on 28 December 2014, sold by the developer: AED 2,812 per sqft for 491 sqft. It is the only registered sale of the unit.

What is the rent for unit 3508?

AED 72,000 a year on the contract renewed on 21 May 2025. The previous contract, from May 2024, was AED 72,000; the unit has been rented since January 2018.

How big is unit 3508?

491 sqft (45.6 sqm): a studio on the 35th floor of a 43-storey tower completed in 2015.

What is unit 3508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Upper Crest sold for AED 1,000,000 to 1,000,000 in the last 12 months, around AED 2,264 per sqft.

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Mortgage on 3508, Upper Crest

Starts from the last sale price (AED 1.38M, 28 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,650
Deposit, UAE resident (20%)
AED 276,130
Deposit, non-resident (40%)
AED 552,260
Monthly over 25 years at 3.7%
AED 5,649

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