2-bed · 1,143 sqftUpper Crest, Downtown Dubai · 35th floor · completed 2015

3501, Upper Crest

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3501 · DLD and Ejari recordsUpdated 15 October 2023
Last soldAED 3.17M12 March 2014
Current rentAED 106K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3501, Upper Crest

What is 3501 worth today?

Last sold for AED 3,174,923 in 2014

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15 Oct 2023RentedNew contract
AED 106,154/yr13 months · AED 93 per sqft
15 Oct 2022RentedRenewal
AED 108,000/yr12 months · AED 95 per sqft
15 Oct 2021RentedNew contract
AED 100,000/yr12 months · AED 88 per sqft
18 Jul 2021RentedRenewal
AED 85,000/yr12 months · AED 74 per sqft
18 Jul 2020RentedRenewal
AED 90,000/yr12 months · AED 79 per sqft
18 Jul 2018RentedNew contract
AED 95,000/yr12 months · AED 83 per sqft
16 Sep 2017RentedNew contract
AED 113,333/yr9 months · AED 99 per sqft
12 Mar 2014Sold by developerOff-plan
AED 3,174,923AED 2,776 per sqft

Source: Dubai Land Department. Updated 15 October 2023.

Key facts

Type
2-bed apartment
Size
1,143 sqft
Floor
35th of 43
Parking
P4-69
Developer
DAMAC
Completed
2015
Last sold
AED 3.17M · March 2014
Building
Upper Crest

About 3501, Upper Crest

3501 is a two-bedroom apartment of 1,143 sqft on the 35th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. The developer sold it on 12 March 2014 for AED 3,174,923, or AED 2,776 per sqft, 13% above the AED 2,450 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 15 October 2023, is AED 106,154 a year: a gross yield of 3.3% on the 2014 price.

Sales and rents for 3501 over time

Sales
Unit 3501, 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, March 2014: AED 3,174,923 (AED 2,776 per sqft)

3501 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3501, 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, September 2017: AED 113,333 a yearNew contract, July 2018: AED 95,000 a yearRenewal, July 2020: AED 90,000 a yearRenewal, July 2021: AED 85,000 a yearNew contract, October 2021: AED 100,000 a yearRenewal, October 2022: AED 108,000 a yearNew contract, October 2023: AED 106,154 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 3501 sits

All 101 2-beds →

3501 last sold in March 2014 at AED 2,776 per sqft, 13% above what two-beds in Upper Crest were fetching at the time (AED 2,450). 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. 3501's AED 106,154 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 35th floor

All 390 units in Upper Crest
Value
3502StudioAED 1.23M · Sep 2014
35031-bedAED 2.28M · Aug 2014
35041-bedAED 2.42M · Apr 2014
35051-bedAED 2.18M · Apr 2014
35061-bedAED 1.48M · Mar 2022
3507AED 2.53M · Oct 2025
3508StudioAED 1.38M · Dec 2014
1–7 of 10

3501, Upper Crest in numbers

  • Sold once: by DAMAC on 12 March 2014 for AED 3,174,923, or AED 2,776 per sqft.
  • Rented since September 2017 on 7 Ejari contracts. The rent fell from AED 113,333 to AED 85,000 in 2021 and recovered to AED 106,154 by October 2023.
  • At AED 106,154 a year the gross yield on the 2014 price is 3.3%.
  • 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 15 October 2023.

Questions about 3501, Upper Crest

What did unit 3501 last sell for?

AED 3,174,923 on 12 March 2014, sold by the developer: AED 2,776 per sqft for 1,143 sqft. It is the only registered sale of the unit.

What is the rent for unit 3501?

AED 106,154 a year on the contract signed on 15 October 2023. The previous contract, from October 2022, was AED 108,000; the unit has been rented since September 2017.

How big is unit 3501?

1,143 sqft (106.2 sqm): a two-bedroom apartment on the 35th floor of a 43-storey tower completed in 2015.

What is unit 3501 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 3501, Upper Crest

Starts from the last sale price (AED 3.17M, 12 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,174,923
Deposit, UAE resident (20%)
AED 634,985
Deposit, non-resident (40%)
AED 1,269,969
Monthly over 25 years at 3.7%
AED 12,990

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