1-bed · 829 sqftUpper Crest, Downtown Dubai · 35th floor · completed 2015

3503, Upper Crest

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3503 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 2.28M13 August 2014
Current rentAED 55K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3503, Upper Crest

What is 3503 worth today?

Last sold for AED 2,280,200 in 2014

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10 Sep 2024RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
10 Sep 2023RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
10 Sep 2022RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
10 Sep 2020RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
13 Aug 2014Sold by developerOff-plan
AED 2,280,200AED 2,751 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
1-bed hotel apartment
Size
829 sqft
Floor
35th of 43
Parking
P4-70
Developer
DAMAC
Completed
2015
Last sold
AED 2.28M · August 2014
Building
Upper Crest

About 3503, Upper Crest

3503 is a one-bedroom hotel apartment of 829 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 13 August 2014 for AED 2,280,200, or AED 2,751 per sqft, 11% above the AED 2,475 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 10 September 2024, is AED 55,000 a year: a gross yield of 2.4% on the 2014 price.

Sales and rents for 3503 over time

Sales
Unit 3503, each saleTypical one-bed in Upper Crest
1M2M2012201620202024Typical sale price by year: 2012 AED 1,562,975; 2013 AED 2,086,100; 2014 AED 2,201,225; 2015 AED 2,324,354; 2016 AED 2,431,363; 2017 AED 1,240,000; 2018 AED 1,260,000; 2019 AED 900,000; 2020 AED 820,000; 2021 AED 850,000; 2022 AED 1,275,000; 2023 AED 1,425,000; 2024 AED 1,330,000; 2025 AED 1,500,000Sold by developer, August 2014: AED 2,280,200 (AED 2,751 per sqft)

3503 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3503, each contractTypical one-bed in Upper Crest
50K75K100K2017202020232026Typical rent by year: 2017 AED 85,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 62,000; 2021 AED 65,000; 2022 AED 80,000; 2023 AED 90,000; 2024 AED 95,000; 2025 AED 100,000; 2026 AED 98,295New contract, September 2020: AED 55,000 a yearRenewal, September 2022: AED 55,000 a yearRenewal, September 2023: AED 55,000 a yearRenewal, September 2024: AED 55,000 a year

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

1-beds in Upper Crest, and where 3503 sits

All 173 1-beds →

3503 last sold in August 2014 at AED 2,751 per sqft, 11% above what one-beds in Upper Crest were fetching at the time (AED 2,475). Over the last 12 months one-beds sold for AED 1,200,000 to 1,750,000, around AED 1,661 per sqft, and rent for AED 50,000 to 170,000 a year. 3503's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jan 20261,693,000
26 Jan 20261,200,000
24 Dec 20251,500,000
25 Jun 20251,542,263
5 1-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
35012-bedAED 3.17M · Mar 2014
3502StudioAED 1.23M · Sep 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

3503, Upper Crest in numbers

  • Sold once: by DAMAC on 13 August 2014 for AED 2,280,200, or AED 2,751 per sqft.
  • Rented since September 2020 on 4 Ejari contracts, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2014 price is 2.4%.
  • One-beds in Upper Crest sold for AED 1,200,000–1,750,000 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 10 September 2024.

Questions about 3503, Upper Crest

What did unit 3503 last sell for?

AED 2,280,200 on 13 August 2014, sold by the developer: AED 2,751 per sqft for 829 sqft. It is the only registered sale of the unit.

What is the rent for unit 3503?

AED 55,000 a year on the contract renewed on 10 September 2024. The previous contract, from September 2023, was AED 55,000; the unit has been rented since September 2020.

How big is unit 3503?

829 sqft (77.0 sqm): a one-bedroom hotel apartment on the 35th floor of a 43-storey tower completed in 2015.

What is unit 3503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Upper Crest sold for AED 1,200,000 to 1,750,000 in the last 12 months, around AED 1,661 per sqft.

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Mortgage on 3503, Upper Crest

Starts from the last sale price (AED 2.28M, 13 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,280,200
Deposit, UAE resident (20%)
AED 456,040
Deposit, non-resident (40%)
AED 912,080
Monthly over 25 years at 3.7%
AED 9,329

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