Studio · 498 sqftUpper Crest, Downtown Dubai · 7th floor · completed 2015

708, Upper Crest

Sold prices and rental history: sold twice, last in July 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 21 July 2025
Last soldAED 980K21 July 2025
Current rentAED 50K /yr22 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Upper Crest

What is 708 worth today?

Last sold for AED 980,000 in 2025

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21 Jul 2025SoldReady
AED 980,000AED 1,967 per sqft
22 Jan 2025RentedNew contract
AED 50,000/yr12 months · AED 101 per sqft
6 Mar 2023RentedNew contract
AED 60,000/yr12 months · AED 121 per sqft
2 Nov 2022RentedRenewal
AED 50,000/yr6 months · AED 101 per sqft
2 Nov 2021RentedRenewal
AED 40,000/yr12 months · AED 81 per sqft
1 May 2021RentedNew contract
AED 39,779/yr6 months · AED 80 per sqft
18 Aug 2017RentedNew contract
AED 67,000/yr12 months · AED 135 per sqft
3 May 2012Sold by developerOff-plan
AED 973,660AED 1,954 per sqft

Source: Dubai Land Department. Updated 21 July 2025.

Key facts

Type
Studio apartment
Size
498 sqft
Floor
7th of 43
Parking
nan
Developer
DAMAC
Completed
2015
Last sold
AED 980K · July 2025
Building
Upper Crest

About 708, Upper Crest

708 is a studio of 498 sqft on the 7th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 21 July 2025 for AED 980,000, or AED 1,967 per sqft.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 22 January 2025, is AED 50,000 a year: a gross yield of 5.1% on the 2025 price.

Sales and rents for 708 over time

Sales
Unit 708, 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 973,660 (AED 1,954 per sqft)Sold, July 2025: AED 980,000 (AED 1,967 per sqft)

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

Rents
Unit 708, 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 2017: AED 67,000 a yearNew contract, May 2021: AED 39,779 a yearRenewal, November 2021: AED 40,000 a yearRenewal, November 2022: AED 50,000 a yearNew contract, March 2023: AED 60,000 a yearNew contract, January 2025: AED 50,000 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 708 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. 708's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Apr 20261,000,000
1 Apr 20261,000,000
28 Aug 2024920,000
15 Jul 2024875,000
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
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
1–7 of 10

708, Upper Crest in numbers

  • Sold twice: first on 3 May 2012 for AED 973,660, last on 21 July 2025 for AED 980,000 (AED 1,967 per sqft).
  • Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 67,000 to AED 39,779 in 2021 and recovered to AED 50,000 by January 2025.
  • At AED 50,000 a year the gross yield on the 2025 price is 5.1%.
  • 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 21 July 2025.

Questions about 708, Upper Crest

What did unit 708 last sell for?

AED 980,000 on 21 July 2025: AED 1,967 per sqft for 498 sqft. The unit has 2 registered sales; the first was AED 973,660 in May 2012.

What is the rent for unit 708?

AED 50,000 a year on the contract signed on 22 January 2025. The previous contract, from March 2023, was AED 60,000; the unit has been rented since August 2017.

How big is unit 708?

498 sqft (46.3 sqm): a studio on the 7th floor of a 43-storey tower completed in 2015.

What is unit 708 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 708, Upper Crest

Starts from the last sale price (AED 980K, 21 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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