2-bed · 1,143 sqftUpper Crest, Downtown Dubai · 39th floor · completed 2015

3901, Upper Crest

Sold prices and rental history: sold once, by the developer in November 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3901 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 3.59M6 November 2013
Current rentAED 140K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3901, Upper Crest

What is 3901 worth today?

Last sold for AED 3,588,200 in 2013

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10 Oct 2024RentedNew contract
AED 140,000/yr12 months · AED 123 per sqft
20 Sep 2023RentedRenewal
AED 136,500/yr12 months · AED 120 per sqft
20 Sep 2022RentedNew contract
AED 130,000/yr12 months · AED 114 per sqft
15 Mar 2021RentedRenewal
AED 95,000/yr12 months · AED 83 per sqft
15 Mar 2020RentedNew contract
AED 95,000/yr12 months · AED 83 per sqft
19 May 2018RentedNew contract
AED 125,000/yr12 months · AED 110 per sqft
6 Nov 2013Sold by developerOff-plan
AED 3,588,200AED 3,138 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
2-bed hotel apartment
Size
1,143 sqft
Floor
39th of 43
Parking
P5-19
Developer
DAMAC
Completed
2015
Last sold
AED 3.59M · November 2013
Building
Upper Crest

About 3901, Upper Crest

3901 is a two-bedroom hotel apartment of 1,143 sqft on the 39th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. The developer sold it on 6 November 2013 for AED 3,588,200, or AED 3,138 per sqft, 32% above the AED 2,385 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 10 October 2024, is AED 140,000 a year: a gross yield of 3.9% on the 2013 price.

Sales and rents for 3901 over time

Sales
Unit 3901, each saleTypical two-bed in Upper Crest
2M4M2012201620202024Typical 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, November 2013: AED 3,588,200 (AED 3,138 per sqft)

3901 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3901, each contractTypical two-bed in Upper Crest
100K150K2017202020232026Typical 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, May 2018: AED 125,000 a yearNew contract, March 2020: AED 95,000 a yearRenewal, March 2021: AED 95,000 a yearNew contract, September 2022: AED 130,000 a yearRenewal, September 2023: AED 136,500 a yearNew contract, October 2024: AED 140,000 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 3901 sits

All 105 2-beds →

3901 last sold in November 2013 at AED 3,138 per sqft, 32% above what two-beds in Upper Crest were fetching at the time (AED 2,385). 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. 3901's AED 140,000 is in the upper half 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 39th floor

All 390 units in Upper Crest
Value
3902StudioAED 800K · Nov 2022
39031-bedAED 2.41M · Jul 2018
39041-bedAED 1.25M · Mar 2024
39051-bedAED 2.29M · Aug 2016
39061-bedAED 3.09M · Mar 2014
39073-bedAED 2.55M · Nov 2021
3908StudioAED 1.46M · Apr 2014
1–7 of 10

3901, Upper Crest in numbers

  • Sold once: by DAMAC on 6 November 2013 for AED 3,588,200, or AED 3,138 per sqft.
  • Rented since May 2018 on 6 Ejari contracts. The rent fell from AED 125,000 to AED 95,000 in 2021 and recovered to AED 140,000 by October 2024.
  • At AED 140,000 a year the gross yield on the 2013 price is 3.9%.
  • 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 10 October 2024.

Questions about 3901, Upper Crest

What did unit 3901 last sell for?

AED 3,588,200 on 6 November 2013, sold by the developer: AED 3,138 per sqft for 1,143 sqft. It is the only registered sale of the unit.

What is the rent for unit 3901?

AED 140,000 a year on the contract signed on 10 October 2024. The previous contract, from September 2023, was AED 136,500; the unit has been rented since May 2018.

How big is unit 3901?

1,143 sqft (106.2 sqm): a two-bedroom hotel apartment on the 39th floor of a 43-storey tower completed in 2015.

What is unit 3901 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 3901, Upper Crest

Starts from the last sale price (AED 3.59M, 6 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,588,200
Deposit, UAE resident (20%)
AED 717,640
Deposit, non-resident (40%)
AED 1,435,280
Monthly over 25 years at 3.7%
AED 14,680

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