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2-bed · 1,221 sqftUpper Crest, Downtown Dubai · 10th floor · completed 2015

1011, Upper Crest

Sold prices and rental history: sold 3 times, last in March 2022, and rented once, from July 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 8 July 2023
Last soldAED 1.4M22 March 2022
Current rentAED 168K /yr8 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1011, Upper Crest

What is 1011 worth today?

Last sold for AED 1,400,000 in 2022

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8 Jul 2023RentedNew contract
AED 168,000/yr12 months · AED 138 per sqft
22 Mar 2022SoldReady
AED 1,400,000AED 1,146 per sqft
11 Aug 2021SoldReady
AED 1,223,000AED 1,001 per sqft
22 Jul 2014Sold by developerOff-plan
AED 3,416,200AED 2,798 per sqft

Source: Dubai Land Department. Updated 8 July 2023.

Key facts

Type
2-bed hotel apartment
Size
1,221 sqft
Floor
10th of 43
Parking
P1-43
Developer
DAMAC
Completed
2015
Last sold
AED 1.4M · March 2022
Building
Upper Crest

About 1011, Upper Crest

1011 is a two-bedroom hotel apartment of 1,221 sqft on the 10th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 22 March 2022 for AED 1,400,000, or AED 1,146 per sqft, 14% above the AED 1,001 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 July 2023. The current contract, signed on 8 July 2023, is AED 168,000 a year: a gross yield of 12.0% on the 2022 price.

Sales and rents for 1011 over time

Sales
Unit 1011, each saleTypical two-bed in Upper Crest
2M2012201620202024Typical 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, July 2014: AED 3,416,200 (AED 2,798 per sqft)Sold, August 2021: AED 1,223,000 (AED 1,001 per sqft)Sold, March 2022: AED 1,400,000 (AED 1,146 per sqft)

1011 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1011, 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, July 2023: AED 168,000 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 1011 sits

All 101 2-beds →

1011 last sold in March 2022 at AED 1,146 per sqft, 14% above what two-beds in Upper Crest were fetching at the time (AED 1,001). 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. 1011's AED 168,000 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

1011, Upper Crest in numbers

  • Sold 3 times: first on 22 July 2014 for AED 3,416,200, last on 22 March 2022 for AED 1,400,000 (AED 1,146 per sqft).
  • Rented since July 2023 on one Ejari contract, at AED 168,000 a year.
  • At AED 168,000 a year the gross yield on the 2022 price is 12.0%.
  • 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 8 July 2023.

Questions about 1011, Upper Crest

What did unit 1011 last sell for?

AED 1,400,000 on 22 March 2022: AED 1,146 per sqft for 1,221 sqft. The unit has 3 registered sales; the first was AED 3,416,200 in July 2014.

What is the rent for unit 1011?

AED 168,000 a year on the contract signed on 8 July 2023.

How big is unit 1011?

1,221 sqft (113.4 sqm): a two-bedroom hotel apartment on the 10th floor of a 43-storey tower completed in 2015.

What is unit 1011 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 1011, Upper Crest

Starts from the last sale price (AED 1.4M, 22 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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