2-bed · 1,219 sqftUpper Crest, Downtown Dubai · 25th floor · completed 2015

2511, Upper Crest

Sold prices and rental history: sold 4 times, last in May 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2511 · DLD and Ejari recordsUpdated 4 September 2024
Last soldAED 2.25M20 May 2024
Current rentAED 145K /yr4 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2511, Upper Crest

What is 2511 worth today?

Last sold for AED 2,250,000 in 2024

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4 Sep 2024RentedNew contract
AED 145,000/yr12 months · AED 119 per sqft
20 May 2024SoldReady
AED 2,250,000AED 1,845 per sqft
18 May 2023SoldReady
AED 2,000,000AED 1,640 per sqft
15 Feb 2021SoldReady
AED 1,100,000AED 902 per sqft
1 Nov 2019RentedNew contract
AED 95,000/yr12 months · AED 78 per sqft
15 Jun 2018RentedNew contract
AED 118,000/yr12 months · AED 97 per sqft
10 Dec 2012Sold by developerOff-plan
AED 2,877,750AED 2,360 per sqft

Source: Dubai Land Department. Updated 4 September 2024.

Key facts

Type
2-bed apartment
Size
1,219 sqft
Floor
25th of 43
Parking
P3-55
Developer
DAMAC
Completed
2015
Last sold
AED 2.25M · May 2024
Building
Upper Crest

About 2511, Upper Crest

2511 is a two-bedroom apartment of 1,219 sqft on the 25th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 20 May 2024 for AED 2,250,000, or AED 1,845 per sqft, 10% above the AED 1,684 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 4 September 2024, is AED 145,000 a year: a gross yield of 6.4% on the 2024 price.

Sales and rents for 2511 over time

Sales
Unit 2511, 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, December 2012: AED 2,877,750 (AED 2,360 per sqft)Sold, February 2021: AED 1,100,000 (AED 902 per sqft)Sold, May 2023: AED 2,000,000 (AED 1,640 per sqft)Sold, May 2024: AED 2,250,000 (AED 1,845 per sqft)

2511 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2511, 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, June 2018: AED 118,000 a yearNew contract, November 2019: AED 95,000 a yearNew contract, September 2024: AED 145,000 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 2511 sits

All 101 2-beds →

2511 last sold in May 2024 at AED 1,845 per sqft, 10% above what two-beds in Upper Crest were fetching at the time (AED 1,684). 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. 2511's AED 145,000 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 25th floor

All 390 units in Upper Crest
Value
25012-bedAED 2.55M · Oct 2012
2502StudioAED 1.08M · Oct 2012
25031-bedAED 2.19M · Dec 2013
25041-bedAED 2.4M · Feb 2013
25051-bedAED 2.5M · Feb 2013
25061-bedAED 2.76M · Aug 2016
25073-bedAED 4.21M · Nov 2013
1–7 of 10

2511, Upper Crest in numbers

  • Sold 4 times: first on 10 December 2012 for AED 2,877,750, last on 20 May 2024 for AED 2,250,000 (AED 1,845 per sqft).
  • Rented since June 2018 on 3 Ejari contracts. The rent fell from AED 118,000 to AED 95,000 in 2019 and recovered to AED 145,000 by September 2024.
  • At AED 145,000 a year the gross yield on the 2024 price is 6.4%.
  • 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 4 September 2024.

Questions about 2511, Upper Crest

What did unit 2511 last sell for?

AED 2,250,000 on 20 May 2024: AED 1,845 per sqft for 1,219 sqft. The unit has 4 registered sales; the first was AED 2,877,750 in December 2012.

What is the rent for unit 2511?

AED 145,000 a year on the contract signed on 4 September 2024. The previous contract, from November 2019, was AED 95,000; the unit has been rented since June 2018.

How big is unit 2511?

1,219 sqft (113.2 sqm): a two-bedroom apartment on the 25th floor of a 43-storey tower completed in 2015.

What is unit 2511 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 2511, Upper Crest

Starts from the last sale price (AED 2.25M, 20 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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