1-bed · 860 sqftUpper Crest, Downtown Dubai · 37th floor · completed 2015

3704, 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 3704 · DLD and Ejari recordsUpdated 18 December 2023
Last soldAED 2.04M4 March 2014
Current rentAED 78K /yr18 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3704, Upper Crest

What is 3704 worth today?

Last sold for AED 2,040,750 in 2014

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18 Dec 2023RentedRenewal
AED 78,425/yr12 months · AED 91 per sqft
18 Dec 2022RentedRenewal
AED 74,690/yr12 months · AED 87 per sqft
18 Dec 2021RentedRenewal
AED 67,900/yr12 months · AED 79 per sqft
18 Dec 2019RentedRenewal
AED 75,000/yr12 months · AED 87 per sqft
18 Dec 2018RentedNew contract
AED 80,000/yr12 months · AED 93 per sqft
4 Mar 2014Sold by developerOff-plan
AED 2,040,750AED 2,372 per sqft

Source: Dubai Land Department. Updated 18 December 2023.

Key facts

Type
1-bed hotel apartment
Size
860 sqft
Floor
37th of 43
Parking
P5-02
Developer
DAMAC
Completed
2015
Last sold
AED 2.04M · March 2014
Building
Upper Crest

About 3704, Upper Crest

3704 is a one-bedroom hotel apartment of 860 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 2,040,750, or AED 2,372 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 5 Ejari contracts. The current contract, renewed on 18 December 2023, is AED 78,425 a year: a gross yield of 3.8% on the 2014 price.

Sales and rents for 3704 over time

Sales
Unit 3704, 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 2,040,750 (AED 2,372 per sqft)

3704 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3704, 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 80,000 a yearRenewal, December 2019: AED 75,000 a yearRenewal, December 2021: AED 67,900 a yearRenewal, December 2022: AED 74,690 a yearRenewal, December 2023: AED 78,425 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 3704 sits

All 173 1-beds →

3704 last sold in March 2014 at AED 2,372 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. 3704's AED 78,425 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
37031-bedAED 1.97M · 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

3704, Upper Crest in numbers

  • Sold once: by DAMAC on 4 March 2014 for AED 2,040,750, or AED 2,372 per sqft.
  • Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 67,900 in 2021 and recovered to AED 78,425 by December 2023.
  • At AED 78,425 a year the gross yield on the 2014 price is 3.8%.
  • 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 18 December 2023.

Questions about 3704, Upper Crest

What did unit 3704 last sell for?

AED 2,040,750 on 4 March 2014, sold by the developer: AED 2,372 per sqft for 860 sqft. It is the only registered sale of the unit.

What is the rent for unit 3704?

AED 78,425 a year on the contract renewed on 18 December 2023. The previous contract, from December 2022, was AED 74,690; the unit has been rented since December 2018.

How big is unit 3704?

860 sqft (79.9 sqm): a one-bedroom hotel apartment on the 37th floor of a 43-storey tower completed in 2015.

What is unit 3704 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 3704, Upper Crest

Starts from the last sale price (AED 2.04M, 4 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,040,750
Deposit, UAE resident (20%)
AED 408,150
Deposit, non-resident (40%)
AED 816,300
Monthly over 25 years at 3.7%
AED 8,349

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