1-bed · 860 sqftUpper Crest, Downtown Dubai · 35th floor · completed 2015

3504, Upper Crest

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

Unit 3504 · DLD and Ejari recordsUpdated 22 February 2024
Last soldAED 2.42M21 April 2014
Current rentAED 105K /yr22 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3504, Upper Crest

What is 3504 worth today?

Last sold for AED 2,415,920 in 2014

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22 Feb 2024RentedNew contract
AED 105,000/yr12 months · AED 122 per sqft
15 Feb 2023RentedRenewal
AED 84,000/yr12 months · AED 98 per sqft
15 Feb 2022RentedNew contract
AED 80,000/yr12 months · AED 93 per sqft
1 Oct 2021RentedRenewal
AED 70,000/yr12 months · AED 81 per sqft
1 Oct 2020RentedRenewal
AED 63,000/yr12 months · AED 73 per sqft
21 Apr 2014Sold by developerOff-plan
AED 2,415,920AED 2,808 per sqft

Source: Dubai Land Department. Updated 22 February 2024.

Key facts

Type
1-bed hotel apartment
Size
860 sqft
Floor
35th of 43
Parking
P4-71
Developer
DAMAC
Completed
2015
Last sold
AED 2.42M · April 2014
Building
Upper Crest

About 3504, Upper Crest

3504 is a one-bedroom hotel apartment of 860 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 21 April 2014 for AED 2,415,920, or AED 2,808 per sqft, 13% above the AED 2,475 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 22 February 2024, is AED 105,000 a year: a gross yield of 4.3% on the 2014 price.

Sales and rents for 3504 over time

Sales
Unit 3504, 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, April 2014: AED 2,415,920 (AED 2,808 per sqft)

3504 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3504, each contractTypical one-bed in Upper Crest
60K80K100K2017202020232026Typical 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 98,295Renewal, October 2020: AED 63,000 a yearRenewal, October 2021: AED 70,000 a yearNew contract, February 2022: AED 80,000 a yearRenewal, February 2023: AED 84,000 a yearNew contract, February 2024: AED 105,000 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 3504 sits

All 173 1-beds →

3504 last sold in April 2014 at AED 2,808 per sqft, 13% 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. 3504's AED 105,000 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
35031-bedAED 2.28M · Aug 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

3504, Upper Crest in numbers

  • Sold once: by DAMAC on 21 April 2014 for AED 2,415,920, or AED 2,808 per sqft.
  • Rented since October 2020 on 5 Ejari contracts, from AED 63,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2014 price is 4.3%.
  • 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 22 February 2024.

Questions about 3504, Upper Crest

What did unit 3504 last sell for?

AED 2,415,920 on 21 April 2014, sold by the developer: AED 2,808 per sqft for 860 sqft. It is the only registered sale of the unit.

What is the rent for unit 3504?

AED 105,000 a year on the contract signed on 22 February 2024. The previous contract, from February 2023, was AED 84,000; the unit has been rented since October 2020.

How big is unit 3504?

860 sqft (79.9 sqm): a one-bedroom hotel apartment on the 35th floor of a 43-storey tower completed in 2015.

What is unit 3504 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 3504, Upper Crest

Starts from the last sale price (AED 2.42M, 21 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,415,920
Deposit, UAE resident (20%)
AED 483,184
Deposit, non-resident (40%)
AED 966,368
Monthly over 25 years at 3.7%
AED 9,884

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