Studio · 441 sqftUpper Crest, Downtown Dubai · 40th floor · completed 2015

4002, Upper Crest

Sold prices and rental history: sold once, by the developer in July 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4002 · DLD and Ejari recordsUpdated 30 May 2025
Last soldAED 1.49M22 July 2014
Current rentAED 66K /yr30 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4002, Upper Crest

What is 4002 worth today?

Last sold for AED 1,490,860 in 2014

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30 May 2025RentedNew contract
AED 66,000/yr12 months · AED 150 per sqft
27 Jun 2023RentedNew contract
AED 63,000/yr12 months · AED 143 per sqft
17 Mar 2022RentedNew contract
AED 55,000/yr12 months · AED 125 per sqft
17 Feb 2021RentedNew contract
AED 38,000/yr12 months · AED 86 per sqft
16 Dec 2019RentedNew contract
AED 50,000/yr12 months · AED 113 per sqft
22 Jul 2014Sold by developerOff-plan
AED 1,490,860AED 3,380 per sqft

Source: Dubai Land Department. Updated 30 May 2025.

Key facts

Type
Studio hotel apartment
Size
441 sqft
Floor
40th of 43
Parking
nan
Developer
DAMAC
Completed
2015
Last sold
AED 1.49M · July 2014
Building
Upper Crest

About 4002, Upper Crest

4002 is a studio of 441 sqft on the 40th floor of Upper Crest, a 43-storey tower in Downtown Dubai completed in 2015 by DAMAC. The developer sold it on 22 July 2014 for AED 1,490,860, or AED 3,380 per sqft, 17% above the AED 2,895 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 30 May 2025, is AED 66,000 a year: a gross yield of 4.4% on the 2014 price.

Sales and rents for 4002 over time

Sales
Unit 4002, each saleTypical studio in Upper Crest
500K1M1.5M2012201620202024Typical sale price by year: 2012 AED 902,550; 2013 AED 1,350,130; 2014 AED 1,365,000; 2016 AED 1,226,950; 2020 AED 572,500; 2022 AED 790,000; 2023 AED 885,507; 2024 AED 885,722Sold by developer, July 2014: AED 1,490,860 (AED 3,380 per sqft)

4002 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 4002, each contractTypical studio in Upper Crest
40K60K2017202020232026Typical rent by year: 2017 AED 65,000; 2018 AED 60,000; 2019 AED 55,000; 2020 AED 46,750; 2021 AED 40,000; 2022 AED 50,068; 2023 AED 60,000; 2024 AED 65,000; 2025 AED 70,000; 2026 AED 72,000New contract, December 2019: AED 50,000 a yearNew contract, February 2021: AED 38,000 a yearNew contract, March 2022: AED 55,000 a yearNew contract, June 2023: AED 63,000 a yearNew contract, May 2025: AED 66,000 a year

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

Studios in Upper Crest, and where 4002 sits

All 70 studios →

4002 last sold in July 2014 at AED 3,380 per sqft, 17% above what studios in Upper Crest were fetching at the time (AED 2,895). 4002's AED 66,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 Jul 2025980,000
28 Aug 2024920,000
15 Jul 2024875,000
3 May 2024875,000
0 studio 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 40th floor

All 390 units in Upper Crest
Value
40012-bedAED 3.6M · Nov 2013
40031-bedAED 2.32M · Apr 2013
40041-bedAED 1.35M · Nov 2017
40051-bedAED 1.27M · Oct 2017
40061-bedAED 3.09M · Mar 2014
40073-bedAED 4.61M · May 2013
4008StudioAED 1.36M · Apr 2013
1–7 of 10

4002, Upper Crest in numbers

  • Sold once: by DAMAC on 22 July 2014 for AED 1,490,860, or AED 3,380 per sqft.
  • Rented since December 2019 on 5 Ejari contracts. The rent fell from AED 50,000 to AED 38,000 in 2021 and recovered to AED 66,000 by May 2025.
  • At AED 66,000 a year the gross yield on the 2014 price is 4.4%.

Source: Dubai Land Department. Updated 30 May 2025.

Questions about 4002, Upper Crest

What did unit 4002 last sell for?

AED 1,490,860 on 22 July 2014, sold by the developer: AED 3,380 per sqft for 441 sqft. It is the only registered sale of the unit.

What is the rent for unit 4002?

AED 66,000 a year on the contract signed on 30 May 2025. The previous contract, from June 2023, was AED 63,000; the unit has been rented since December 2019.

How big is unit 4002?

441 sqft (41.0 sqm): a studio on the 40th floor of a 43-storey tower completed in 2015.

What is unit 4002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 4002, Upper Crest

Starts from the last sale price (AED 1.49M, 22 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,490,860
Deposit, UAE resident (20%)
AED 298,172
Deposit, non-resident (40%)
AED 596,344
Monthly over 25 years at 3.7%
AED 6,100

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