2-bed · 1,219 sqftUpper Crest, Downtown Dubai · 33rd floor · completed 2015

3311, Upper Crest

Sold prices and rental history: sold once, by the developer in December 2013, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3311 · DLD and Ejari recordsUpdated 30 April 2022
Last soldAED 3.49M25 December 2013
Current rentAED 110K /yr30 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3311, Upper Crest

What is 3311 worth today?

Last sold for AED 3,491,600 in 2013

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30 Apr 2022RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft
2 Sep 2020RentedNew contract
AED 74,000/yr12 months · AED 61 per sqft
5 Feb 2020RentedNew contract
AED 105,000/yr12 months · AED 86 per sqft
25 Dec 2013Sold by developerOff-plan
AED 3,491,600AED 2,864 per sqft

Source: Dubai Land Department. Updated 30 April 2022.

Key facts

Type
2-bed hotel apartment
Size
1,219 sqft
Floor
33rd of 43
Parking
P4-50
Developer
DAMAC
Completed
2015
Last sold
AED 3.49M · December 2013
Building
Upper Crest

About 3311, Upper Crest

3311 is a two-bedroom hotel apartment of 1,219 sqft on the 33rd floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. The developer sold it on 25 December 2013 for AED 3,491,600, or AED 2,864 per sqft, 17% above the AED 2,449 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 30 April 2022, is AED 110,000 a year: a gross yield of 3.1% on the 2013 price.

Sales and rents for 3311 over time

Sales
Unit 3311, each saleTypical two-bed in Upper Crest
2M2012201620202024Typical 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 2013: AED 3,491,600 (AED 2,864 per sqft)

3311 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3311, 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, February 2020: AED 105,000 a yearNew contract, September 2020: AED 74,000 a yearNew contract, April 2022: AED 110,000 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 3311 sits

All 101 2-beds →

3311 last sold in December 2013 at AED 2,864 per sqft, 17% above what two-beds in Upper Crest were fetching at the time (AED 2,449). 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. 3311's AED 110,000 is in the lower 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 33rd floor

All 390 units in Upper Crest
Value
33012-bedAED 1.8M · Feb 2024
3302StudioAED 1.16M · Jul 2013
33031-bedAED 1.32M · Aug 2024
33041-bedAED 2.09M · Jun 2013
33051-bedAED 1.4M · Sep 2024
33061-bedAED 1.64M · Mar 2022
33073-bedAED 2.44M · Mar 2022
1–7 of 10

3311, Upper Crest in numbers

  • Sold once: by DAMAC on 25 December 2013 for AED 3,491,600, or AED 2,864 per sqft.
  • Rented since February 2020 on 3 Ejari contracts. The rent fell from AED 105,000 to AED 74,000 in 2020 and recovered to AED 110,000 by April 2022.
  • At AED 110,000 a year the gross yield on the 2013 price is 3.1%.
  • 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 30 April 2022.

Questions about 3311, Upper Crest

What did unit 3311 last sell for?

AED 3,491,600 on 25 December 2013, sold by the developer: AED 2,864 per sqft for 1,219 sqft. It is the only registered sale of the unit.

What is the rent for unit 3311?

AED 110,000 a year on the contract signed on 30 April 2022. The previous contract, from September 2020, was AED 74,000; the unit has been rented since February 2020.

How big is unit 3311?

1,219 sqft (113.2 sqm): a two-bedroom hotel apartment on the 33rd floor of a 43-storey tower completed in 2015.

What is unit 3311 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 3311, Upper Crest

Starts from the last sale price (AED 3.49M, 25 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,491,600
Deposit, UAE resident (20%)
AED 698,320
Deposit, non-resident (40%)
AED 1,396,640
Monthly over 25 years at 3.7%
AED 14,285

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