Studio · 443 sqftUpper Crest, Downtown Dubai · 7th floor · completed 2015

702, Upper Crest

Sold prices and rental history: sold twice, last in April 2019, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 19 October 2024
Last soldAED 610K16 April 2019
Current rentAED 71K /yr19 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Upper Crest

What is 702 worth today?

Last sold for AED 610,000 in 2019

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19 Oct 2024RentedNew contract
AED 71,000/yr12 months · AED 161 per sqft
5 Sep 2023RentedRenewal
AED 29,000/yr12 months · AED 66 per sqft
5 Sep 2022RentedRenewal
AED 29,000/yr12 months · AED 66 per sqft
5 Sep 2021RentedRenewal
AED 45,000/yr12 months · AED 102 per sqft
5 Sep 2020RentedRenewal
AED 45,000/yr12 months · AED 102 per sqft
5 Sep 2019RentedNew contract
AED 45,000/yr12 months · AED 102 per sqft
16 Apr 2019SoldReady
AED 610,000AED 1,375 per sqft
5 Aug 2018RentedNew contract
AED 60,000/yr12 months · AED 136 per sqft

Source: Dubai Land Department. Updated 19 October 2024.

Key facts

Type
Studio hotel apartment
Size
443 sqft
Floor
7th of 43
Parking
nan
Developer
DAMAC
Completed
2015
Last sold
AED 610K · April 2019
Building
Upper Crest

About 702, Upper Crest

702 is a studio of 443 sqft on the 7th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 16 April 2019 for AED 610,000, or AED 1,375 per sqft.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 19 October 2024, is AED 71,000 a year: a gross yield of 11.6% on the 2019 price.

Sales and rents for 702 over time

Sales
Unit 702, 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, May 2012: AED 800,000 (AED 1,804 per sqft)Sold, April 2019: AED 610,000 (AED 1,375 per sqft)

702 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 702, each contractTypical studio in Upper Crest
40K60K2017202020232026Typical 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, August 2018: AED 60,000 a yearNew contract, September 2019: AED 45,000 a yearRenewal, September 2020: AED 45,000 a yearRenewal, September 2021: AED 45,000 a yearRenewal, September 2022: AED 29,000 a yearRenewal, September 2023: AED 29,000 a yearNew contract, October 2024: AED 71,000 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 702 sits

All 70 studios →

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. 702's AED 71,000 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 7th floor

All 390 units in Upper Crest
Value
7012-bedAED 2.1M · May 2025
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

702, Upper Crest in numbers

  • Sold twice: first on 3 May 2012 for AED 800,000, last on 16 April 2019 for AED 610,000 (AED 1,375 per sqft).
  • Rented since August 2018 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 29,000 in 2023 and recovered to AED 71,000 by October 2024.
  • At AED 71,000 a year the gross yield on the 2019 price is 11.6%.
  • 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 19 October 2024.

Questions about 702, Upper Crest

What did unit 702 last sell for?

AED 610,000 on 16 April 2019: AED 1,375 per sqft for 443 sqft. The unit has 2 registered sales; the first was AED 800,000 in May 2012.

What is the rent for unit 702?

AED 71,000 a year on the contract signed on 19 October 2024. The previous contract, from September 2023, was AED 29,000; the unit has been rented since August 2018.

How big is unit 702?

443 sqft (41.2 sqm): a studio on the 7th floor of a 43-storey tower completed in 2015.

What is unit 702 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 702, Upper Crest

Starts from the last sale price (AED 610K, 16 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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