3-bed · 1,723 sqftUpper Crest, Downtown Dubai · 40th floor · completed 2015

4007, Upper Crest

Sold prices and rental history: sold once, by the developer in May 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4007 · DLD and Ejari recordsUpdated 11 May 2013
Last soldAED 4.61M11 May 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4007, Upper Crest

What is 4007 worth today?

Last sold for AED 4,611,825 in 2013

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11 May 2013Sold by developerOff-plan
AED 4,611,825AED 2,676 per sqft

Source: Dubai Land Department. Updated 11 May 2013.

Key facts

Type
3-bed hotel apartment
Size
1,723 sqft
Floor
40th of 43
Parking
P5-36, P5-37
Developer
DAMAC
Completed
2015
Last sold
AED 4.61M · May 2013
Building
Upper Crest

About 4007, Upper Crest

4007 is a three-bedroom hotel apartment of 1,723 sqft on the 40th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. The developer sold it on 11 May 2013 for AED 4,611,825, or AED 2,676 per sqft, 35% above the AED 1,978 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4007 over time

Sales
Unit 4007, 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, May 2013: AED 4,611,825 (AED 2,676 per sqft)

4007 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4007, each contractTypical three-bed in Upper Crest
100K150K2017202020232026Typical 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 170,000

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 4007 sits

All 38 3-beds →

4007 last sold in May 2013 at AED 2,676 per sqft, 35% above what three-beds in Upper Crest were fetching at the time (AED 1,978). 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.

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 40th floor

All 390 units in Upper Crest
Value
40012-bedAED 3.6M · Nov 2013
4002StudioAED 1.49M · Jul 2014
40031-bedAED 2.32M · Apr 2013
40041-bedAED 1.35M · Nov 2017
40051-bedAED 1.27M · Oct 2017
40061-bedAED 3.09M · Mar 2014
4008StudioAED 1.36M · Apr 2013
1–7 of 10

4007, Upper Crest in numbers

  • Sold once: by DAMAC on 11 May 2013 for AED 4,611,825, or AED 2,676 per sqft.
  • 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 11 May 2013.

Questions about 4007, Upper Crest

What did unit 4007 last sell for?

AED 4,611,825 on 11 May 2013, sold by the developer: AED 2,676 per sqft for 1,723 sqft. It is the only registered sale of the unit.

How big is unit 4007?

1,723 sqft (160.1 sqm): a three-bedroom hotel apartment on the 40th floor of a 43-storey tower completed in 2015.

What is unit 4007 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 4007, Upper Crest

Starts from the last sale price (AED 4.61M, 11 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,611,825
Deposit, UAE resident (20%)
AED 922,365
Deposit, non-resident (40%)
AED 1,844,730
Monthly over 25 years at 3.7%
AED 18,868

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