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2-bed · 1,240 sqftUpper Crest, Downtown Dubai · 7th floor · completed 2015

711, Upper Crest

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

Unit 711 · DLD and Ejari recordsUpdated 3 August 2024
Last soldAED 1.2M11 December 2019
Current rentAED 105K /yr3 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 711, Upper Crest

What is 711 worth today?

Last sold for AED 1,200,000 in 2019

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3 Aug 2024RentedNew contract
AED 105,000/yr12 months · AED 85 per sqft
4 Aug 2023RentedNew contract
AED 135,000/yr12 months · AED 109 per sqft
11 Dec 2019SoldReady
AED 1,200,000AED 967 per sqft
15 Apr 2019RentedRenewal
AED 105,000/yr12 months · AED 85 per sqft
15 Apr 2018RentedNew contract
AED 107,000/yr12 months · AED 86 per sqft
1 Jul 2012Sold by developerOff-plan
AED 2,069,100AED 1,668 per sqft

Source: Dubai Land Department. Updated 3 August 2024.

Key facts

Type
2-bed hotel apartment
Size
1,240 sqft
Floor
7th of 43
Parking
P1-01
Developer
DAMAC
Completed
2015
Last sold
AED 1.2M · December 2019
Building
Upper Crest

About 711, Upper Crest

711 is a two-bedroom hotel apartment of 1,240 sqft on the 7th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 11 December 2019 for AED 1,200,000, or AED 967 per sqft, 10% below the AED 1,072 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 3 August 2024, is AED 105,000 a year: a gross yield of 8.8% on the 2019 price.

Sales and rents for 711 over time

Sales
Unit 711, 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, July 2012: AED 2,069,100 (AED 1,668 per sqft)Sold, December 2019: AED 1,200,000 (AED 967 per sqft)

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

Rents
Unit 711, 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 107,000 a yearRenewal, April 2019: AED 105,000 a yearNew contract, August 2023: AED 135,000 a yearNew contract, August 2024: AED 105,000 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 711 sits

All 105 2-beds →

711 last sold in December 2019 at AED 967 per sqft, 10% below what two-beds in Upper Crest were fetching at the time (AED 1,072). 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. 711's AED 105,000 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
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

711, Upper Crest in numbers

  • Sold twice: first on 1 July 2012 for AED 2,069,100, last on 11 December 2019 for AED 1,200,000 (AED 967 per sqft).
  • Rented since April 2018 on 4 Ejari contracts, from AED 107,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2019 price is 8.8%.
  • 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 3 August 2024.

Questions about 711, Upper Crest

What did unit 711 last sell for?

AED 1,200,000 on 11 December 2019: AED 967 per sqft for 1,240 sqft. The unit has 2 registered sales; the first was AED 2,069,100 in July 2012.

What is the rent for unit 711?

AED 105,000 a year on the contract signed on 3 August 2024. The previous contract, from August 2023, was AED 135,000; the unit has been rented since April 2018.

How big is unit 711?

1,240 sqft (115.2 sqm): a two-bedroom hotel apartment on the 7th floor of a 43-storey tower completed in 2015.

What is unit 711 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 711, Upper Crest

Starts from the last sale price (AED 1.2M, 11 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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