Studio · 497 sqftUpper Crest, Downtown Dubai · 34th floor · completed 2015

3408, Upper Crest

Sold prices and rental history: sold once, by the developer in November 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3408 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 1.44M27 November 2013
Current rentAED 65K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3408, Upper Crest

What is 3408 worth today?

Last sold for AED 1,436,925 in 2013

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15 Aug 2025RentedNew contract
AED 65,000/yr12 months · AED 131 per sqft
14 Jul 2024RentedRenewal
AED 63,000/yr12 months · AED 127 per sqft
14 Jul 2023RentedNew contract
AED 60,000/yr12 months · AED 121 per sqft
7 Jan 2023RentedRenewal
AED 54,450/yr6 months · AED 110 per sqft
7 Jul 2022RentedRenewal
AED 49,500/yr6 months · AED 100 per sqft
7 Jul 2021RentedRenewal
AED 45,000/yr12 months · AED 91 per sqft
7 Jul 2020RentedRenewal
AED 47,500/yr12 months · AED 96 per sqft
7 Jul 2017RentedNew contract
AED 65,000/yr12 months · AED 131 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
Studio hotel apartment
Size
497 sqft
Floor
34th of 43
Parking
nan
Developer
DAMAC
Completed
2015
Last sold
AED 1.44M · November 2013
Building
Upper Crest

About 3408, Upper Crest

3408 is a studio of 497 sqft on the 34th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. The developer sold it on 27 November 2013 for AED 1,436,925, or AED 2,893 per sqft, in line with the AED 2,857 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 15 August 2025, is AED 65,000 a year: a gross yield of 4.5% on the 2013 price.

Sales and rents for 3408 over time

Sales
Unit 3408, each saleTypical studio in Upper Crest
500K1M1.5M2012201620202024Typical sale price by year: 2012 AED 902,550; 2013 AED 1,350,130; 2014 AED 1,365,000; 2016 AED 1,226,950; 2020 AED 572,500; 2022 AED 790,000; 2023 AED 885,507; 2024 AED 885,722Sold by developer, November 2013: AED 1,436,925 (AED 2,893 per sqft)

3408 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 3408, each contractTypical studio in Upper Crest
40K60K2017202020232026Typical rent by year: 2017 AED 65,000; 2018 AED 60,000; 2019 AED 55,000; 2020 AED 46,750; 2021 AED 40,000; 2022 AED 50,068; 2023 AED 60,000; 2024 AED 65,000; 2025 AED 70,000; 2026 AED 72,000New contract, July 2017: AED 65,000 a yearRenewal, July 2020: AED 47,500 a yearRenewal, July 2021: AED 45,000 a yearRenewal, July 2022: AED 49,500 a yearRenewal, January 2023: AED 54,450 a yearNew contract, July 2023: AED 60,000 a yearRenewal, July 2024: AED 63,000 a yearNew contract, August 2025: AED 65,000 a year

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 3408 sits

All 70 studios →

3408 last sold in November 2013 at AED 2,893 per sqft, in line with what studios in Upper Crest were fetching at the time (AED 2,857). 3408's AED 65,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 Jul 2025980,000
28 Aug 2024920,000
15 Jul 2024875,000
3 May 2024875,000
0 studio 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 34th floor

All 390 units in Upper Crest
Value
34012-bedAED 2.05M · Apr 2024
3402StudioAED 1.22M · Jul 2014
34031-bedAED 1.2M · Jan 2026
34041-bedAED 2.4M · Apr 2014
3405AED 1.48M · Dec 2025
34061-bedAED 2.76M · Aug 2016
34073-bedAED 4.75M · Aug 2016
1–7 of 10

3408, Upper Crest in numbers

  • Sold once: by DAMAC on 27 November 2013 for AED 1,436,925, or AED 2,893 per sqft.
  • Rented since July 2017 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 45,000 in 2021 and recovered to AED 65,000 by August 2025.
  • At AED 65,000 a year the gross yield on the 2013 price is 4.5%.

Source: Dubai Land Department. Updated 15 August 2025.

Questions about 3408, Upper Crest

What did unit 3408 last sell for?

AED 1,436,925 on 27 November 2013, sold by the developer: AED 2,893 per sqft for 497 sqft. It is the only registered sale of the unit.

What is the rent for unit 3408?

AED 65,000 a year on the contract signed on 15 August 2025. The previous contract, from July 2024, was AED 63,000; the unit has been rented since July 2017.

How big is unit 3408?

497 sqft (46.2 sqm): a studio on the 34th floor of a 43-storey tower completed in 2015.

What is unit 3408 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 3408, Upper Crest

Starts from the last sale price (AED 1.44M, 27 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,436,925
Deposit, UAE resident (20%)
AED 287,385
Deposit, non-resident (40%)
AED 574,770
Monthly over 25 years at 3.7%
AED 5,879

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