Home
Dubai prices
About
Research
858 sqftUpper Crest, Downtown Dubai · 12th floor · completed 2015

12A04, Upper Crest

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 12A04 · DLD and Ejari recordsUpdated 15 January 2024
Last soldAED 2.37M7 November 2017
Current rentAED 84K /yr15 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 12A04

Property timeline for 12A04, Upper Crest

What is 12A04 worth today?

Last sold for AED 2,369,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Jan 2024RentedRenewal
AED 84,000/yr12 months · AED 98 per sqft
15 Jan 2023RentedRenewal
AED 78,000/yr12 months · AED 91 per sqft
15 Jan 2022RentedNew contract
AED 75,000/yr12 months · AED 87 per sqft
4 Jul 2019RentedNew contract
AED 70,000/yr12 months · AED 81 per sqft
7 Nov 2017Sold by developerReady
AED 2,369,000AED 2,761 per sqft

Source: Dubai Land Department. Updated 15 January 2024.

Key facts

Type
Hotel apartment
Size
858 sqft
Floor
12th of 43
Parking
P2-13
Developer
DAMAC
Completed
2015
Last sold
AED 2.37M · November 2017
Building
Upper Crest

About 12A04, Upper Crest

12A04 is a hotel apartment of 858 sqft on the 12th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. The developer sold it on 7 November 2017 for AED 2,369,000, or AED 2,761 per sqft.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 15 January 2024, is AED 84,000 a year: a gross yield of 3.5% on the 2017 price.

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

12A04, Upper Crest in numbers

  • Sold once: by DAMAC on 7 November 2017 for AED 2,369,000, or AED 2,761 per sqft.
  • Rented since July 2019 on 4 Ejari contracts, from AED 70,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2017 price is 3.5%.

Source: Dubai Land Department. Updated 15 January 2024.

Questions about 12A04, Upper Crest

What did unit 12A04 last sell for?

AED 2,369,000 on 7 November 2017, sold by the developer: AED 2,761 per sqft for 858 sqft. It is the only registered sale of the unit.

What is the rent for unit 12A04?

AED 84,000 a year on the contract renewed on 15 January 2024. The previous contract, from January 2023, was AED 78,000; the unit has been rented since July 2019.

How big is unit 12A04?

858 sqft (79.7 sqm): a hotel apartment on the 12th floor of a 43-storey tower completed in 2015.

What is unit 12A04 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 12A04? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 12A04, Upper Crest

Starts from the last sale price (AED 2.37M, 7 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,369,000
Deposit, UAE resident (20%)
AED 473,800
Deposit, non-resident (40%)
AED 947,600
Monthly over 25 years at 3.7%
AED 9,692

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