1602, Upper Crest
Sold prices and rental history: sold once, by the developer in March 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Upper Crest
What is 1602 worth today?
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Source: Dubai Land Department. Updated 10 September 2025.
Key facts
- Type
- Studio hotel apartment
- Size
- 442 sqft
- Floor
- 16th of 43
- Parking
- nan
- Developer
- DAMAC
- Completed
- 2015
- Last sold
- AED 791K · March 2012
- Building
- Upper Crest
About 1602, Upper Crest
1602 is a studio of 442 sqft on the 16th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. The developer sold it on 20 March 2012 for AED 791,000, or AED 1,789 per sqft, in line with the AED 1,805 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 10 September 2025, is AED 70,000 a year: a gross yield of 8.8% on the 2012 price.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Upper Crest, and where 1602 sits
All 70 studios →1602 last sold in March 2012 at AED 1,789 per sqft, in line with what studios in Upper Crest were fetching at the time (AED 1,805). 1602's AED 70,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jul 202521 July 2025 | 498 sqft | 980,000 | 1,967 | ||
| 28 Aug 202428 August 2024 | 441 sqft | 920,000 | 2,084 | ||
| 15 Jul 202415 July 2024 | 495 sqft | 875,000 | 1,766 | ||
| 3 May 20243 May 2024 | 442 sqft | 875,000 | 1,979 |
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 16th floor
All 390 units in Upper Crest| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,142 sqft | AED 2.03MAED 2,026,500 · Mar 2012March 2012 | ||
| 1603 | 1-bed | 821 sqft | AED 1.2MAED 1,200,000 · Jun 2024June 2024 | 99,465 /yr | |
| 1604 | 1-bed | 853 sqft | AED 1.3MAED 1,300,000 · Feb 2025February 2025 | 76,119 /yr | |
| 1605 | 1-bed | 901 sqft | AED 1.5MAED 1,500,000 · May 2025May 2025 | 130,622 /yr | |
| 1606 | 1-bed | 1,002 sqft | AED 1.49MAED 1,490,000 · Sep 2024September 2024 | 120,000 /yr | |
| 1607 | 3-bed | 1,722 sqft | AED 3.4MAED 3,400,000 · Jan 2026January 2026 | 175,000 /yr | |
| 1608 | Studio | 499 sqft | AED 930KAED 930,000 · Nov 2023November 2023 | 75,000 /yr | |
| 1609 | 1-bed | 931 sqft | AED 2.38MAED 2,378,400 · Aug 2016August 2016 | 90,000 /yr | |
| 1610 | 2-bed | 1,135 sqft | AED 2.33MAED 2,325,000 · Aug 2014August 2014 | 125,000 /yr | |
| 1611 | 2-bed | 1,221 sqft | AED 2.01MAED 2,006,400 · Jul 2012July 2012 | 145,000 /yr |
1602, Upper Crest in numbers
- Sold once: by DAMAC on 20 March 2012 for AED 791,000, or AED 1,789 per sqft.
- Rented since July 2018 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 43,000 in 2021 and recovered to AED 70,000 by September 2025.
- At AED 70,000 a year the gross yield on the 2012 price is 8.8%.
Source: Dubai Land Department. Updated 10 September 2025.
Questions about 1602, Upper Crest
What did unit 1602 last sell for?
AED 791,000 on 20 March 2012, sold by the developer: AED 1,789 per sqft for 442 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 70,000 a year on the contract renewed on 10 September 2025. The previous contract, from September 2024, was AED 70,000; the unit has been rented since July 2018.
How big is unit 1602?
442 sqft (41.1 sqm): a studio on the 16th floor of a 43-storey tower completed in 2015.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1602, Upper Crest
Starts from the last sale price (AED 791K, 20 March 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 791,000
- Deposit, UAE resident (20%)
- AED 158,200
- Deposit, non-resident (40%)
- AED 316,400
- Monthly over 25 years at 3.7%
- AED 3,236
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →