1001, Upper Crest
Sold prices and rental history: sold once, by the developer in July 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Upper Crest
What is 1001 worth today?
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Source: Dubai Land Department. Updated 31 May 2025.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,142 sqft
- Floor
- 10th of 43
- Parking
- P1-36
- Developer
- DAMAC
- Completed
- 2015
- Last sold
- AED 2.74M · July 2014
- Building
- Upper Crest
About 1001, Upper Crest
1001 is a two-bedroom hotel apartment of 1,142 sqft on the 10th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. The developer sold it on 22 July 2014 for AED 2,739,300, or AED 2,398 per sqft, 11% below the AED 2,689 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 31 May 2025, is AED 120,000 a year: a gross yield of 4.4% on the 2014 price.
Sales and rents for 1001 over time
1001 has sold once; the dashed line is the two-bed median of each year in the building.
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 1001 sits
All 101 2-beds →1001 last sold in July 2014 at AED 2,398 per sqft, 11% below what two-beds in Upper Crest were fetching at the time (AED 2,689). Over the last 12 months two-beds sold for AED 1,900,000 to 2,100,000, around AED 1,746 per sqft, and rent for AED 70,000 to 170,000 a year. 1001's AED 120,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Dec 202511 December 2025 | 1,143 sqft | 1,950,000 | 1,705 | ||
| 17 Jul 202517 July 2025 | 1,221 sqft | 2,000,000 | 1,638 | ||
| 3 Jul 20253 July 2025 | 1,221 sqft | 2,200,000 | 1,802 | ||
| 26 Jun 202526 June 2025 | 1,219 sqft | 1,930,000 | 1,583 |
Upper Crest
Building390 apartments, studios to 3-bed over 43 floors in Downtown Dubai, completed in 2015 by DAMAC. 10 sold in the last 12 months.
- Typical price per sqft
- AED 1,697 Up 2.0%
- Typical sale
- AED 1.83M
- Typical rent
- AED 100K /yr
- Typical yield
- 6.7%
Other units on the 10th floor
All 390 units in Upper Crest| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | Studio | 442 sqft | AED 746KAED 745,800 · Oct 2012October 2012 | 60,000 /yr | |
| 1003 | 1-bed | 828 sqft | AED 1.75MAED 1,750,000 · Oct 2015October 2015 | 88,000 /yr | |
| 1004 | 1-bed | 858 sqft | AED 1.75MAED 1,750,000 · Apr 2015April 2015 | 93,000 /yr | |
| 1005 | 1-bed | 901 sqft | AED 1.45MAED 1,450,000 · Sep 2023September 2023 | 94,500 /yr | |
| 1006 | 1-bed | 1,002 sqft | AED 1.64MAED 1,643,863 · Apr 2023April 2023 | 100,000 /yr | |
| 1007 | 3-bed | 1,723 sqft | AED 4.3MAED 4,298,400 · Sep 2013September 2013 | 175,000 /yr | |
| 1008 | Studio | 495 sqft | AED 650KAED 650,000 · Apr 2020April 2020 | 60,000 /yr | |
| 1009 | 1-bed | 907 sqft | AED 840KAED 840,000 · Mar 2019March 2019 | 94,000 /yr | |
| 1010 | 2-bed | 1,063 sqft | AED 1.84MAED 1,839,150 · Oct 2012October 2012 | 136,500 /yr | |
| 1011 | 2-bed | 1,221 sqft | AED 1.4MAED 1,400,000 · Mar 2022March 2022 | 168,000 /yr |
1001, Upper Crest in numbers
- Sold once: by DAMAC on 22 July 2014 for AED 2,739,300, or AED 2,398 per sqft.
- Rented since December 2017 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 75,000 in 2021 and recovered to AED 120,000 by May 2025.
- At AED 120,000 a year the gross yield on the 2014 price is 4.4%.
- Two-beds in Upper Crest sold for AED 1,900,000–2,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,697 per sqft.
Source: Dubai Land Department. Updated 31 May 2025.
Questions about 1001, Upper Crest
What did unit 1001 last sell for?
AED 2,739,300 on 22 July 2014, sold by the developer: AED 2,398 per sqft for 1,142 sqft. It is the only registered sale of the unit.
What is the rent for unit 1001?
AED 120,000 a year on the contract signed on 31 May 2025. The previous contract, from October 2023, was AED 120,000; the unit has been rented since December 2017.
How big is unit 1001?
1,142 sqft (106.1 sqm): a two-bedroom hotel apartment on the 10th floor of a 43-storey tower completed in 2015.
What is unit 1001 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 1,900,000 to 2,100,000 in the last 12 months, around AED 1,746 per sqft.
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Mortgage on 1001, Upper Crest
Starts from the last sale price (AED 2.74M, 22 July 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,739,300
- Deposit, UAE resident (20%)
- AED 547,860
- Deposit, non-resident (40%)
- AED 1,095,720
- Monthly over 25 years at 3.7%
- AED 11,207
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →