2-bed · 1,142 sqftUpper Crest, Downtown Dubai · 20th floor · completed 2015

2001, Upper Crest

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2001 · DLD and Ejari recordsUpdated 12 July 2024
Last soldAED 2M22 January 2024
Current rentAED 120K /yr12 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2001, Upper Crest

What is 2001 worth today?

Last sold for AED 2,000,000 in 2024

Unlock today's estimate, updated daily, with

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

12 Jul 2024RentedNew contract
AED 120,000/yr12 months · AED 105 per sqft
22 Jan 2024SoldReady
AED 2,000,000AED 1,751 per sqft
5 Jun 2023RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft
16 Dec 2021RentedRenewal
AED 71,500/yr12 months · AED 63 per sqft
1 Dec 2020RentedNew contract
AED 60,000/yr12 months · AED 53 per sqft
1 Sep 2019RentedNew contract
AED 85,000/yr12 months · AED 74 per sqft
20 Mar 2018RentedNew contract
AED 100,000/yr12 months · AED 88 per sqft
8 May 2013SoldOff-plan
AED 1,985,970AED 1,738 per sqft

Source: Dubai Land Department. Updated 12 July 2024.

Key facts

Type
2-bed hotel apartment
Size
1,142 sqft
Floor
20th of 43
Parking
P2-87
Developer
DAMAC
Completed
2015
Last sold
AED 2M · January 2024
Building
Upper Crest

About 2001, Upper Crest

2001 is a two-bedroom hotel apartment of 1,142 sqft on the 20th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 22 January 2024 for AED 2,000,000, or AED 1,751 per sqft, 7% above the AED 1,637 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 12 July 2024, is AED 120,000 a year: a gross yield of 6.0% on the 2024 price.

Sales and rents for 2001 over time

Sales
Unit 2001, 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, May 2012: AED 1,985,970 (AED 1,738 per sqft)Sold, May 2013: AED 1,985,970 (AED 1,738 per sqft)Sold, January 2024: AED 2,000,000 (AED 1,751 per sqft)

2001 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2001, each contractTypical two-bed in Upper Crest
50K100K150K2017202020232026Typical 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, March 2018: AED 100,000 a yearNew contract, September 2019: AED 85,000 a yearNew contract, December 2020: AED 60,000 a yearRenewal, December 2021: AED 71,500 a yearNew contract, June 2023: AED 110,000 a yearNew contract, July 2024: AED 120,000 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 2001 sits

All 101 2-beds →

2001 last sold in January 2024 at AED 1,751 per sqft, 7% above what two-beds in Upper Crest were fetching at the time (AED 1,637). 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. 2001's AED 120,000 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 20th floor

All 390 units in Upper Crest
Value
2002StudioAED 800K · Dec 2022
20031-bedAED 1.2M · Sep 2023
20041-bedAED 1.28M · Jan 2024
20051-bedAED 1.48M · Mar 2012
20061-bedAED 1.4M · Jun 2022
20073-bedAED 3.01M · Feb 2024
2008StudioAED 450K · Aug 2020
1–7 of 10

2001, Upper Crest in numbers

  • Sold 3 times: first on 3 May 2012 for AED 1,985,970, last on 22 January 2024 for AED 2,000,000 (AED 1,751 per sqft).
  • Rented since March 2018 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 60,000 in 2020 and recovered to AED 120,000 by July 2024.
  • At AED 120,000 a year the gross yield on the 2024 price is 6.0%.
  • 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 12 July 2024.

Questions about 2001, Upper Crest

What did unit 2001 last sell for?

AED 2,000,000 on 22 January 2024: AED 1,751 per sqft for 1,142 sqft. The unit has 3 registered sales; the first was AED 1,985,970 in May 2012.

What is the rent for unit 2001?

AED 120,000 a year on the contract signed on 12 July 2024. The previous contract, from June 2023, was AED 110,000; the unit has been rented since March 2018.

How big is unit 2001?

1,142 sqft (106.1 sqm): a two-bedroom hotel apartment on the 20th floor of a 43-storey tower completed in 2015.

What is unit 2001 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.

Selling 2001? 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 2001, Upper Crest

Starts from the last sale price (AED 2M, 22 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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