3-bed · 1,723 sqftUpper Crest, Downtown Dubai · 29th floor · completed 2015

2907, Upper Crest

Sold prices and rental history: sold once, by the developer in March 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2907 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 4.12M5 March 2013
Current rentAED 200K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2907, Upper Crest

What is 2907 worth today?

Last sold for AED 4,119,300 in 2013

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1 Sep 2024RentedRenewal
AED 200,000/yr12 months · AED 116 per sqft
1 Sep 2023RentedNew contract
AED 173,000/yr12 months · AED 100 per sqft
20 Jan 2022RentedRenewal
AED 120,000/yr12 months · AED 70 per sqft
25 Sep 2018RentedNew contract
AED 140,000/yr12 months · AED 81 per sqft
5 Mar 2013Sold by developerOff-plan
AED 4,119,300AED 2,391 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
3-bed hotel apartment
Size
1,723 sqft
Floor
29th of 43
Parking
P3-61, P3-62
Developer
DAMAC
Completed
2015
Last sold
AED 4.12M · March 2013
Building
Upper Crest

About 2907, Upper Crest

2907 is a three-bedroom hotel apartment of 1,723 sqft on the 29th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. The developer sold it on 5 March 2013 for AED 4,119,300, or AED 2,391 per sqft, 43% above the AED 1,671 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 200,000 a year: a gross yield of 4.9% on the 2013 price.

Sales and rents for 2907 over time

Sales
Unit 2907, each saleTypical three-bed in Upper Crest
3M4M5M2012201620202024Typical sale price by year: 2012 AED 2,753,850; 2013 AED 4,298,400; 2014 AED 4,477,500; 2016 AED 4,754,100; 2023 AED 2,945,000; 2024 AED 2,800,000Sold by developer, March 2013: AED 4,119,300 (AED 2,391 per sqft)

2907 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2907, each contractTypical three-bed in Upper Crest
100K150K200K20182020202220242026Typical rent by year: 2018 AED 147,500; 2019 AED 125,000; 2020 AED 100,000; 2021 AED 103,500; 2022 AED 132,000; 2023 AED 158,650; 2024 AED 180,000; 2025 AED 175,000New contract, September 2018: AED 140,000 a yearRenewal, January 2022: AED 120,000 a yearNew contract, September 2023: AED 173,000 a yearRenewal, September 2024: AED 200,000 a year

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

3-beds in Upper Crest, and where 2907 sits

All 36 3-beds →

2907 last sold in March 2013 at AED 2,391 per sqft, 43% above what three-beds in Upper Crest were fetching at the time (AED 1,671). Over the last 12 months three-beds sold for AED 3,400,000, around AED 1,974 per sqft, and rent for AED 146,475 to 195,000 a year. 2907's AED 200,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
30 Jan 20263,400,000
10 Oct 20242,500,000
7 Oct 20242,920,000
23 Jul 20242,800,000
1 3-bed sale 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 29th floor

All 390 units in Upper Crest
Value
29012-bedAED 1.55M · Nov 2021
2902StudioAED 1.35M · Feb 2013
29031-bedAED 2.06M · Apr 2013
29041-bedAED 2.09M · Apr 2013
29051-bedAED 1.33M · Jul 2024
29061-bedAED 2.76M · Aug 2016
2908StudioAED 1.52M · Feb 2013
1–7 of 10

2907, Upper Crest in numbers

  • Sold once: by DAMAC on 5 March 2013 for AED 4,119,300, or AED 2,391 per sqft.
  • Rented since September 2018 on 4 Ejari contracts. The rent fell from AED 140,000 to AED 120,000 in 2022 and recovered to AED 200,000 by September 2024.
  • At AED 200,000 a year the gross yield on the 2013 price is 4.9%.
  • Three-beds in Upper Crest sold for AED 3,400,000–3,400,000 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 1 September 2024.

Questions about 2907, Upper Crest

What did unit 2907 last sell for?

AED 4,119,300 on 5 March 2013, sold by the developer: AED 2,391 per sqft for 1,723 sqft. It is the only registered sale of the unit.

What is the rent for unit 2907?

AED 200,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 173,000; the unit has been rented since September 2018.

How big is unit 2907?

1,723 sqft (160.1 sqm): a three-bedroom hotel apartment on the 29th floor of a 43-storey tower completed in 2015.

What is unit 2907 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Upper Crest sold for AED 3,400,000 to 3,400,000 in the last 12 months, around AED 1,974 per sqft.

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Mortgage on 2907, Upper Crest

Starts from the last sale price (AED 4.12M, 5 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,119,300
Deposit, UAE resident (20%)
AED 823,860
Deposit, non-resident (40%)
AED 1,647,720
Monthly over 25 years at 3.7%
AED 16,853

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