1-bed · 828 sqftUpper Crest, Downtown Dubai · 12th floor · completed 2015

12A03, Upper Crest

Sold prices and rental history: sold twice, last in November 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 12A03 · DLD and Ejari recordsUpdated 2 June 2025
Last soldAED 1.5M7 November 2016
Current rentAED 95K /yr2 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 12A03, Upper Crest

What is 12A03 worth today?

Last sold for AED 1,500,000 in 2016

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2 Jun 2025RentedNew contract
AED 95,000/yr12 months · AED 115 per sqft
6 Mar 2024RentedRenewal
AED 105,000/yr12 months · AED 127 per sqft
6 Mar 2023RentedNew contract
AED 93,000/yr12 months · AED 112 per sqft
1 Jul 2021RentedNew contract
AED 60,000/yr36 months · AED 72 per sqft
7 Nov 2016SoldOff-plan
AED 1,500,000AED 1,811 per sqft
25 Mar 2012Sold by developerOff-plan
AED 1,435,500AED 1,733 per sqft

Source: Dubai Land Department. Updated 2 June 2025.

Key facts

Type
1-bed hotel apartment
Size
828 sqft
Floor
12th of 43
Parking
P2-12
Developer
DAMAC
Completed
2015
Last sold
AED 1.5M · November 2016
Building
Upper Crest

About 12A03, Upper Crest

12A03 is a one-bedroom hotel apartment of 828 sqft on the 12th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 7 November 2016 for AED 1,500,000, or AED 1,811 per sqft, 33% below the AED 2,714 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 2 June 2025, is AED 95,000 a year: a gross yield of 6.3% on the 2016 price.

Sales and rents for 12A03 over time

Sales
Unit 12A03, each saleTypical one-bed in Upper Crest
1M2M2012201620202024Typical sale price by year: 2012 AED 1,562,975; 2013 AED 2,086,100; 2014 AED 2,201,225; 2015 AED 2,324,354; 2016 AED 2,431,363; 2017 AED 1,240,000; 2018 AED 1,260,000; 2019 AED 900,000; 2020 AED 820,000; 2021 AED 850,000; 2022 AED 1,275,000; 2023 AED 1,425,000; 2024 AED 1,330,000; 2025 AED 1,500,000Sold by developer, March 2012: AED 1,435,500 (AED 1,733 per sqft)Sold, November 2016: AED 1,500,000 (AED 1,811 per sqft)

12A03 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 12A03, each contractTypical one-bed in Upper Crest
75K100K2017202020232026Typical rent by year: 2017 AED 85,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 62,000; 2021 AED 65,000; 2022 AED 80,000; 2023 AED 90,000; 2024 AED 95,000; 2025 AED 100,000; 2026 AED 98,295New contract, July 2021: AED 60,000 a yearNew contract, March 2023: AED 93,000 a yearRenewal, March 2024: AED 105,000 a yearNew contract, June 2025: AED 95,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Upper Crest, and where 12A03 sits

All 173 1-beds →

12A03 last sold in November 2016 at AED 1,811 per sqft, 33% below what one-beds in Upper Crest were fetching at the time (AED 2,714). Over the last 12 months one-beds sold for AED 1,200,000 to 1,750,000, around AED 1,661 per sqft, and rent for AED 50,000 to 170,000 a year. 12A03's AED 95,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jan 20261,693,000
26 Jan 20261,200,000
24 Dec 20251,500,000
25 Jun 20251,542,263
5 1-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 12th floor

All 390 units in Upper Crest
Value
12012-bedAED 1.91M · May 2012
1202StudioAED 800K · Dec 2022
12031-bedAED 525K · Sep 2018
12041-bedAED 1.43M · Jul 2012
12051-bedAED 1.48M · Mar 2012
12061-bedAED 1.56M · Mar 2012
12073-bedAED 2.67M · Mar 2012
1–7 of 21

12A03, Upper Crest in numbers

  • Sold twice: first on 25 March 2012 for AED 1,435,500, last on 7 November 2016 for AED 1,500,000 (AED 1,811 per sqft).
  • Rented since July 2021 on 4 Ejari contracts, from AED 60,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2016 price is 6.3%.
  • One-beds in Upper Crest sold for AED 1,200,000–1,750,000 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 2 June 2025.

Questions about 12A03, Upper Crest

What did unit 12A03 last sell for?

AED 1,500,000 on 7 November 2016: AED 1,811 per sqft for 828 sqft. The unit has 2 registered sales; the first was AED 1,435,500 in March 2012.

What is the rent for unit 12A03?

AED 95,000 a year on the contract signed on 2 June 2025. The previous contract, from March 2024, was AED 105,000; the unit has been rented since July 2021.

How big is unit 12A03?

828 sqft (76.9 sqm): a one-bedroom hotel apartment on the 12th floor of a 43-storey tower completed in 2015.

What is unit 12A03 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Upper Crest sold for AED 1,200,000 to 1,750,000 in the last 12 months, around AED 1,661 per sqft.

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Mortgage on 12A03, Upper Crest

Starts from the last sale price (AED 1.5M, 7 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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