1-bed · 829 sqftUpper Crest, Downtown Dubai · 37th floor · completed 2015

3703, Upper Crest

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3703 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.97M4 March 2014
Current rentAED 87K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3703, Upper Crest

What is 3703 worth today?

Last sold for AED 1,973,250 in 2014

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1 Jul 2024RentedRenewal
AED 86,515/yr12 months · AED 104 per sqft
1 Jul 2023RentedRenewal
AED 78,650/yr12 months · AED 95 per sqft
1 Jul 2022RentedRenewal
AED 71,500/yr12 months · AED 86 per sqft
1 Jul 2021RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
5 Dec 2020RentedRenewal
AED 60,000/yr3 months · AED 72 per sqft
5 Dec 2018RentedNew contract
AED 82,000/yr12 months · AED 99 per sqft
4 Mar 2014Sold by developerOff-plan
AED 1,973,250AED 2,381 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
1-bed hotel apartment
Size
829 sqft
Floor
37th of 43
Parking
P5-01
Developer
DAMAC
Completed
2015
Last sold
AED 1.97M · March 2014
Building
Upper Crest

About 3703, Upper Crest

3703 is a one-bedroom hotel apartment of 829 sqft on the 37th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. The developer sold it on 4 March 2014 for AED 1,973,250, or AED 2,381 per sqft, in line with the AED 2,377 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 86,515 a year: a gross yield of 4.4% on the 2014 price.

Sales and rents for 3703 over time

Sales
Unit 3703, 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, March 2014: AED 1,973,250 (AED 2,381 per sqft)

3703 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3703, 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 98,295New contract, December 2018: AED 82,000 a yearRenewal, December 2020: AED 60,000 a yearNew contract, July 2021: AED 65,000 a yearRenewal, July 2022: AED 71,500 a yearRenewal, July 2023: AED 78,650 a yearRenewal, July 2024: AED 86,515 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 3703 sits

All 173 1-beds →

3703 last sold in March 2014 at AED 2,381 per sqft, in line with what one-beds in Upper Crest were fetching at the time (AED 2,377). 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. 3703's AED 86,515 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 37th floor

All 390 units in Upper Crest
Value
37012-bedAED 2.68M · Mar 2014
3702StudioAED 1.04M · Mar 2014
37041-bedAED 2.04M · Mar 2014
37051-bedAED 2.13M · Mar 2014
37061-bedAED 2.35M · Mar 2014
37073-bedAED 4.04M · Nov 2023
3708StudioAED 1.17M · Mar 2014
1–7 of 10

3703, Upper Crest in numbers

  • Sold once: by DAMAC on 4 March 2014 for AED 1,973,250, or AED 2,381 per sqft.
  • Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 82,000 to AED 60,000 in 2020 and recovered to AED 86,515 by July 2024.
  • At AED 86,515 a year the gross yield on the 2014 price is 4.4%.
  • 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 1 July 2024.

Questions about 3703, Upper Crest

What did unit 3703 last sell for?

AED 1,973,250 on 4 March 2014, sold by the developer: AED 2,381 per sqft for 829 sqft. It is the only registered sale of the unit.

What is the rent for unit 3703?

AED 86,515 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 78,650; the unit has been rented since December 2018.

How big is unit 3703?

829 sqft (77.0 sqm): a one-bedroom hotel apartment on the 37th floor of a 43-storey tower completed in 2015.

What is unit 3703 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 3703, Upper Crest

Starts from the last sale price (AED 1.97M, 4 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,973,250
Deposit, UAE resident (20%)
AED 394,650
Deposit, non-resident (40%)
AED 789,300
Monthly over 25 years at 3.7%
AED 8,073

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