2-bed · 1,219 sqftUpper Crest, Downtown Dubai · 37th floor · completed 2015

3711, Upper Crest

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3711 · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 2.49M30 November 2023
Current rentAED 125K /yr12 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3711, Upper Crest

What is 3711 worth today?

Last sold for AED 2,488,000 in 2023

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12 Aug 2024RentedNew contract
AED 125,235/yr12 months · AED 103 per sqft
30 Nov 2023SoldReady
AED 2,488,000AED 2,040 per sqft
12 Aug 2023RentedNew contract
AED 113,850/yr12 months · AED 94 per sqft
12 Aug 2022RentedRenewal
AED 103,500/yr12 months · AED 85 per sqft
12 Aug 2021RentedNew contract
AED 90,000/yr12 months · AED 74 per sqft
21 Apr 2020RentedRenewal
AED 84,999/yr13 months · AED 70 per sqft
21 Apr 2019RentedNew contract
AED 100,000/yr12 months · AED 82 per sqft
25 Mar 2014Sold by developerOff-plan
AED 2,846,250AED 2,334 per sqft

Source: Dubai Land Department. Updated 12 August 2024.

Key facts

Type
2-bed hotel apartment
Size
1,219 sqft
Floor
37th of 43
Parking
P5-08
Developer
DAMAC
Completed
2015
Last sold
AED 2.49M · November 2023
Building
Upper Crest

About 3711, Upper Crest

3711 is a two-bedroom hotel apartment of 1,219 sqft on the 37th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. It last sold on 30 November 2023 for AED 2,488,000, or AED 2,040 per sqft, 25% above the AED 1,638 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 12 August 2024, is AED 125,235 a year: a gross yield of 5.0% on the 2023 price.

Sales and rents for 3711 over time

Sales
Unit 3711, 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 2,846,250 (AED 2,334 per sqft)Sold, November 2023: AED 2,488,000 (AED 2,040 per sqft)

3711 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3711, 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, April 2019: AED 100,000 a yearRenewal, April 2020: AED 84,999 a yearNew contract, August 2021: AED 90,000 a yearRenewal, August 2022: AED 103,500 a yearNew contract, August 2023: AED 113,850 a yearNew contract, August 2024: AED 125,235 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 3711 sits

All 101 2-beds →

3711 last sold in November 2023 at AED 2,040 per sqft, 25% above what two-beds in Upper Crest were fetching at the time (AED 1,638). 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. 3711's AED 125,235 is in the upper 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 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
37041-bedAED 2.04M · Mar 2014
37051-bedAED 2.13M · Mar 2014
37061-bedAED 2.35M · Mar 2014
37073-bedAED 4.04M · Nov 2023
1–7 of 10

3711, Upper Crest in numbers

  • Sold twice: first on 25 March 2014 for AED 2,846,250, last on 30 November 2023 for AED 2,488,000 (AED 2,040 per sqft).
  • Rented since April 2019 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 84,999 in 2020 and recovered to AED 125,235 by August 2024.
  • At AED 125,235 a year the gross yield on the 2023 price is 5.0%.
  • 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 12 August 2024.

Questions about 3711, Upper Crest

What did unit 3711 last sell for?

AED 2,488,000 on 30 November 2023: AED 2,040 per sqft for 1,219 sqft. The unit has 2 registered sales; the first was AED 2,846,250 in March 2014.

What is the rent for unit 3711?

AED 125,235 a year on the contract signed on 12 August 2024. The previous contract, from August 2023, was AED 113,850; the unit has been rented since April 2019.

How big is unit 3711?

1,219 sqft (113.2 sqm): a two-bedroom hotel apartment on the 37th floor of a 43-storey tower completed in 2015.

What is unit 3711 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 3711, Upper Crest

Starts from the last sale price (AED 2.49M, 30 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,488,000
Deposit, UAE resident (20%)
AED 497,600
Deposit, non-resident (40%)
AED 995,200
Monthly over 25 years at 3.7%
AED 10,179

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