Studio · 491 sqftUpper Crest, Downtown Dubai · 40th floor · completed 2015

4008, Upper Crest

Sold prices and rental history: sold once, by the developer in April 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4008 · DLD and Ejari recordsUpdated 7 February 2026
Last soldAED 1.36M15 April 2013
Current rentAED 72K /yr7 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4008, Upper Crest

What is 4008 worth today?

Last sold for AED 1,361,894 in 2013

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7 Feb 2026RentedNew contract
AED 72,000/yr12 months · AED 147 per sqft
4 Nov 2024RentedRenewal
AED 65,000/yr12 months · AED 131 per sqft
4 Nov 2023RentedNew contract
AED 65,000/yr12 months · AED 131 per sqft
1 Nov 2022RentedRenewal
AED 48,300/yr12 months · AED 98 per sqft
1 Nov 2021RentedRenewal
AED 42,000/yr12 months · AED 85 per sqft
1 Nov 2020RentedNew contract
AED 40,000/yr12 months · AED 81 per sqft
19 Sep 2019RentedNew contract
AED 50,000/yr12 months · AED 101 per sqft
16 Jan 2019RentedNew contract
AED 60,000/yr12 months · AED 121 per sqft

Source: Dubai Land Department. Updated 7 February 2026.

Key facts

Type
Studio hotel apartment
Size
491 sqft
Floor
40th of 43
Parking
nan
Developer
DAMAC
Completed
2015
Last sold
AED 1.36M · April 2013
Building
Upper Crest

About 4008, Upper Crest

4008 is a studio of 491 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 15 April 2013 for AED 1,361,894, or AED 2,774 per sqft, 16% above the AED 2,386 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 7 February 2026, is AED 72,000 a year: a gross yield of 5.3% on the 2013 price.

Sales and rents for 4008 over time

Sales
Unit 4008, 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, April 2013: AED 1,361,894 (AED 2,774 per sqft)

4008 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 4008, 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, December 2017: AED 75,000 a yearNew contract, January 2019: AED 60,000 a yearNew contract, September 2019: AED 50,000 a yearNew contract, November 2020: AED 40,000 a yearRenewal, November 2021: AED 42,000 a yearRenewal, November 2022: AED 48,300 a yearNew contract, November 2023: AED 65,000 a yearRenewal, November 2024: AED 65,000 a yearNew contract, February 2026: 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 4008 sits

All 70 studios →

4008 last sold in April 2013 at AED 2,774 per sqft, 16% above what studios in Upper Crest were fetching at the time (AED 2,386). 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. 4008'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 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
40073-bedAED 4.61M · May 2013
1–7 of 10

4008, Upper Crest in numbers

  • Sold once: by DAMAC on 15 April 2013 for AED 1,361,894, or AED 2,774 per sqft.
  • Rented since December 2017 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 40,000 in 2020 and recovered to AED 72,000 by February 2026.
  • At AED 72,000 a year the gross yield on the 2013 price is 5.3%.
  • 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 7 February 2026.

Questions about 4008, Upper Crest

What did unit 4008 last sell for?

AED 1,361,894 on 15 April 2013, sold by the developer: AED 2,774 per sqft for 491 sqft. It is the only registered sale of the unit.

What is the rent for unit 4008?

AED 72,000 a year on the contract signed on 7 February 2026. The previous contract, from November 2024, was AED 65,000; the unit has been rented since December 2017.

How big is unit 4008?

491 sqft (45.6 sqm): a studio on the 40th floor of a 43-storey tower completed in 2015.

What is unit 4008 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 4008, Upper Crest

Starts from the last sale price (AED 1.36M, 15 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,361,894
Deposit, UAE resident (20%)
AED 272,379
Deposit, non-resident (40%)
AED 544,758
Monthly over 25 years at 3.7%
AED 5,572

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