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1-bed · 912 sqftUpper Crest, Downtown Dubai · 40th floor · completed 2015

4009, Upper Crest

Sold prices and rental history: sold once, by the developer in July 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4009 · DLD and Ejari recordsUpdated 1 July 2018
Last soldAED 2.65M1 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4009, Upper Crest

What is 4009 worth today?

Last sold for AED 2,645,500 in 2018

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1 Jul 2018Sold by developerReady
AED 2,645,500AED 2,902 per sqft

Source: Dubai Land Department. Updated 1 July 2018.

Key facts

Type
1-bed hotel apartment
Size
912 sqft
Floor
40th of 43
Parking
P5-32
Developer
DAMAC
Completed
2015
Last sold
AED 2.65M · July 2018
Building
Upper Crest

About 4009, Upper Crest

4009 is a one-bedroom hotel apartment of 912 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 1 July 2018 for AED 2,645,500, or AED 2,902 per sqft, 106% above the AED 1,410 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4009 over time

Sales
Unit 4009, each saleTypical one-bed in Upper Crest
1M2M2012201620202024Typical sale price by year: 2012 AED 1,562,975; 2013 AED 2,086,100; 2014 AED 2,201,225; 2015 AED 2,324,354; 2016 AED 2,431,363; 2017 AED 1,245,000; 2018 AED 1,320,000; 2019 AED 900,000; 2020 AED 820,000; 2021 AED 850,000; 2022 AED 1,275,000; 2023 AED 1,425,000; 2024 AED 1,330,000; 2025 AED 1,500,000; 2026 AED 1,300,000Sold by developer, July 2018: AED 2,645,500 (AED 2,902 per sqft)

4009 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4009, each contractTypical one-bed in Upper Crest
60K80K100K2017202020232026Typical rent by year: 2017 AED 85,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 60,081; 2021 AED 65,000; 2022 AED 78,600; 2023 AED 90,000; 2024 AED 95,000; 2025 AED 100,000; 2026 AED 93,000

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

1-beds in Upper Crest, and where 4009 sits

All 177 1-beds →

4009 last sold in July 2018 at AED 2,902 per sqft, 106% above what one-beds in Upper Crest were fetching at the time (AED 1,410). Over the last 12 months one-beds sold for AED 1,200,000 to 1,796,259, around AED 1,573 per sqft, and rent for AED 50,000 to 170,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,300,000
10 Aug 20261,200,000
4 Aug 20261,250,000
3 Mar 20261,350,000
10 1-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
40073-bedAED 4.61M · May 2013
1–7 of 10

4009, Upper Crest in numbers

  • Sold once: by DAMAC on 1 July 2018 for AED 2,645,500, or AED 2,902 per sqft.
  • One-beds in Upper Crest sold for AED 1,200,000–1,796,259 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 1 July 2018.

Questions about 4009, Upper Crest

What did unit 4009 last sell for?

AED 2,645,500 on 1 July 2018, sold by the developer: AED 2,902 per sqft for 912 sqft. It is the only registered sale of the unit.

How big is unit 4009?

912 sqft (84.7 sqm): a one-bedroom hotel apartment on the 40th floor of a 43-storey tower completed in 2015.

What is unit 4009 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Upper Crest sold for AED 1,200,000 to 1,796,259 in the last 12 months, around AED 1,573 per sqft.

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Mortgage on 4009, Upper Crest

Starts from the last sale price (AED 2.65M, 1 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,645,500
Deposit, UAE resident (20%)
AED 529,100
Deposit, non-resident (40%)
AED 1,058,200
Monthly over 25 years at 3.7%
AED 10,824

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