2-bed · 1,063 sqftUpper Crest, Downtown Dubai · 10th floor · completed 2015

1010, Upper Crest

Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1010 · DLD and Ejari recordsUpdated 25 January 2024
Last soldAED 1.84M21 October 2012
Current rentAED 137K /yr25 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1010, Upper Crest

What is 1010 worth today?

Last sold for AED 1,839,150 in 2012

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25 Jan 2024RentedNew contract
AED 136,500/yr12 months · AED 128 per sqft
25 Jan 2023RentedNew contract
AED 130,000/yr12 months · AED 122 per sqft
1 Nov 2021RentedNew contract
AED 92,500/yr12 months · AED 87 per sqft
1 Oct 2020RentedNew contract
AED 70,000/yr12 months · AED 66 per sqft
1 Dec 2019RentedNew contract
AED 95,000/yr12 months · AED 89 per sqft
1 Oct 2018RentedNew contract
AED 110,000/yr12 months · AED 103 per sqft
21 Oct 2012Sold by developerOff-plan
AED 1,839,150AED 1,730 per sqft

Source: Dubai Land Department. Updated 25 January 2024.

Key facts

Type
2-bed hotel apartment
Size
1,063 sqft
Floor
10th of 43
Parking
P1-42
Developer
DAMAC
Completed
2015
Last sold
AED 1.84M · October 2012
Building
Upper Crest

About 1010, Upper Crest

1010 is a two-bedroom hotel apartment of 1,063 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 21 October 2012 for AED 1,839,150, or AED 1,730 per sqft, in line with the AED 1,734 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 25 January 2024, is AED 136,500 a year: a gross yield of 7.4% on the 2012 price.

Sales and rents for 1010 over time

Sales
Unit 1010, each saleTypical two-bed in Upper Crest
1M2M3M2012201620202024Typical sale price by year: 2012 AED 2,069,100; 2013 AED 2,853,525; 2014 AED 2,846,250; 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 2,000,000Sold by developer, October 2012: AED 1,839,150 (AED 1,730 per sqft)

1010 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1010, each contractTypical two-bed in Upper Crest
100K150K2017202020232026Typical rent by year: 2017 AED 110,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 75,000; 2021 AED 85,552; 2022 AED 110,000; 2023 AED 120,000; 2024 AED 130,000; 2025 AED 131,625; 2026 AED 139,791New contract, October 2018: AED 110,000 a yearNew contract, December 2019: AED 95,000 a yearNew contract, October 2020: AED 70,000 a yearNew contract, November 2021: AED 92,500 a yearNew contract, January 2023: AED 130,000 a yearNew contract, January 2024: AED 136,500 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 1010 sits

All 101 2-beds →

1010 last sold in October 2012 at AED 1,730 per sqft, in line with what two-beds in Upper Crest were fetching at the time (AED 1,734). 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. 1010's AED 136,500 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Dec 20251,950,000
17 Jul 20252,000,000
3 Jul 20252,200,000
26 Jun 20251,930,000
4 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. 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%
Upper Crest, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 390 units in Upper Crest
Value
10012-bedAED 2.74M · Jul 2014
1002StudioAED 746K · Oct 2012
10031-bedAED 1.75M · Oct 2015
10041-bedAED 1.75M · Apr 2015
10051-bedAED 1.45M · Sep 2023
10061-bedAED 1.64M · Apr 2023
10073-bedAED 4.3M · Sep 2013
1–7 of 10

1010, Upper Crest in numbers

  • Sold once: by DAMAC on 21 October 2012 for AED 1,839,150, or AED 1,730 per sqft.
  • Rented since October 2018 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2020 and recovered to AED 136,500 by January 2024.
  • At AED 136,500 a year the gross yield on the 2012 price is 7.4%.
  • 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 25 January 2024.

Questions about 1010, Upper Crest

What did unit 1010 last sell for?

AED 1,839,150 on 21 October 2012, sold by the developer: AED 1,730 per sqft for 1,063 sqft. It is the only registered sale of the unit.

What is the rent for unit 1010?

AED 136,500 a year on the contract signed on 25 January 2024. The previous contract, from January 2023, was AED 130,000; the unit has been rented since October 2018.

How big is unit 1010?

1,063 sqft (98.8 sqm): a two-bedroom hotel apartment on the 10th floor of a 43-storey tower completed in 2015.

What is unit 1010 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 1010, Upper Crest

Starts from the last sale price (AED 1.84M, 21 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,839,150
Deposit, UAE resident (20%)
AED 367,830
Deposit, non-resident (40%)
AED 735,660
Monthly over 25 years at 3.7%
AED 7,525

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