2-bed · 1,143 sqftUpper Crest, Downtown Dubai · 7th floor · completed 2015

701, Upper Crest

Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 14 May 2025
Last soldAED 2.1M14 May 2025
Current rentAED 94K /yr25 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Upper Crest

What is 701 worth today?

Last sold for AED 2,100,000 in 2025

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14 May 2025SoldReady
AED 2,100,000AED 1,837 per sqft
25 Oct 2022RentedRenewal
AED 94,000/yr12 months · AED 82 per sqft
25 Oct 2021RentedNew contract
AED 91,000/yr12 months · AED 80 per sqft
14 Oct 2020RentedNew contract
AED 68,000/yr12 months · AED 60 per sqft
1 Sep 2019RentedNew contract
AED 90,000/yr12 months · AED 79 per sqft
25 Apr 2018RentedNew contract
AED 120,000/yr12 months · AED 105 per sqft
23 Oct 2012Sold by developerOff-plan
AED 2,316,000AED 2,026 per sqft

Source: Dubai Land Department. Updated 14 May 2025.

Key facts

Type
2-bed hotel apartment
Size
1,143 sqft
Floor
7th of 43
Parking
G-01
Developer
DAMAC
Completed
2015
Last sold
AED 2.1M · May 2025
Building
Upper Crest

About 701, Upper Crest

701 is a two-bedroom hotel apartment of 1,143 sqft on the 7th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 14 May 2025 for AED 2,100,000, or AED 1,837 per sqft, in line with the AED 1,863 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 25 October 2022, is AED 94,000 a year: a gross yield of 4.5% on the 2025 price.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in Upper Crest
1M2M3M2012201620202024Typical 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, October 2012: AED 2,316,000 (AED 2,026 per sqft)Sold, May 2025: AED 2,100,000 (AED 1,837 per sqft)

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

Rents
Unit 701, each contractTypical two-bed in Upper Crest
100K2017202020232026Typical 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, April 2018: AED 120,000 a yearNew contract, September 2019: AED 90,000 a yearNew contract, October 2020: AED 68,000 a yearNew contract, October 2021: AED 91,000 a yearRenewal, October 2022: AED 94,000 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 701 sits

All 105 2-beds →

701 last sold in May 2025 at AED 1,837 per sqft, in line with what two-beds in Upper Crest were fetching at the time (AED 1,863). 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. 701's AED 94,000 is in the lower 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 7th floor

All 390 units in Upper Crest
Value
702StudioAED 610K · Apr 2019
7031-bedAED 1.4M · Sep 2023
7041-bedAED 1.7M · Dec 2015
7051-bedAED 1.5M · Dec 2025
7061-bedAED 1.75M · Nov 2025
7073-bedAED 4.75M · Aug 2016
708StudioAED 980K · Jul 2025
1–7 of 10

701, Upper Crest in numbers

  • Sold twice: first on 23 October 2012 for AED 2,316,000, last on 14 May 2025 for AED 2,100,000 (AED 1,837 per sqft).
  • Rented since April 2018 on 5 Ejari contracts. The rent fell from AED 120,000 to AED 68,000 in 2020 and recovered to AED 94,000 by October 2022.
  • At AED 94,000 a year the gross yield on the 2025 price is 4.5%.
  • 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 14 May 2025.

Questions about 701, Upper Crest

What did unit 701 last sell for?

AED 2,100,000 on 14 May 2025: AED 1,837 per sqft for 1,143 sqft. The unit has 2 registered sales; the first was AED 2,316,000 in October 2012.

What is the rent for unit 701?

AED 94,000 a year on the contract renewed on 25 October 2022. The previous contract, from October 2021, was AED 91,000; the unit has been rented since April 2018.

How big is unit 701?

1,143 sqft (106.2 sqm): a two-bedroom hotel apartment on the 7th floor of a 43-storey tower completed in 2015.

What is unit 701 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 701, Upper Crest

Starts from the last sale price (AED 2.1M, 14 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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