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2-bed · 1,063 sqftUpper Crest, Downtown Dubai · 40th floor · completed 2015

4010, Upper Crest

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4010 · DLD and Ejari recordsUpdated 16 February 2024
Last soldAED 2.79M17 August 2016
Current rentAED 124K /yr16 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4010, Upper Crest

What is 4010 worth today?

Last sold for AED 2,792,500 in 2016

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16 Feb 2024RentedNew contract
AED 123,632/yr12 months · AED 116 per sqft
1 Jul 2022RentedNew contract
AED 100,000/yr12 months · AED 94 per sqft
22 Sep 2021RentedRenewal
AED 89,519/yr6 months · AED 84 per sqft
22 Sep 2020RentedRenewal
AED 80,000/yr12 months · AED 75 per sqft
17 Aug 2016Sold by developerOff-plan
AED 2,792,500AED 2,627 per sqft

Source: Dubai Land Department. Updated 16 February 2024.

Key facts

Type
2-bed apartment
Size
1,063 sqft
Floor
40th of 43
Parking
P5-33
Developer
DAMAC
Completed
2015
Last sold
AED 2.79M · August 2016
Building
Upper Crest

About 4010, Upper Crest

4010 is a two-bedroom apartment of 1,063 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 17 August 2016 for AED 2,792,500, or AED 2,627 per sqft, in line with the AED 2,627 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 16 February 2024, is AED 123,632 a year: a gross yield of 4.4% on the 2016 price.

Sales and rents for 4010 over time

Sales
Unit 4010, 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, August 2016: AED 2,792,500 (AED 2,627 per sqft)

4010 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4010, 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 139,791Renewal, September 2020: AED 80,000 a yearRenewal, September 2021: AED 89,519 a yearNew contract, July 2022: AED 100,000 a yearNew contract, February 2024: AED 123,632 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 4010 sits

All 101 2-beds →

4010 last sold in August 2016 at AED 2,627 per sqft, in line with what two-beds in Upper Crest were fetching at the time (AED 2,627). 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. 4010's AED 123,632 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 40th floor

All 390 units in Upper Crest
Value
40012-bedAED 3.6M · Nov 2013
4002StudioAED 1.49M · Jul 2014
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
1–7 of 10

4010, Upper Crest in numbers

  • Sold once: by DAMAC on 17 August 2016 for AED 2,792,500, or AED 2,627 per sqft.
  • Rented since September 2020 on 4 Ejari contracts, from AED 80,000 to AED 123,632 a year.
  • At AED 123,632 a year the gross yield on the 2016 price is 4.4%.
  • 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 16 February 2024.

Questions about 4010, Upper Crest

What did unit 4010 last sell for?

AED 2,792,500 on 17 August 2016, sold by the developer: AED 2,627 per sqft for 1,063 sqft. It is the only registered sale of the unit.

What is the rent for unit 4010?

AED 123,632 a year on the contract signed on 16 February 2024. The previous contract, from July 2022, was AED 100,000; the unit has been rented since September 2020.

How big is unit 4010?

1,063 sqft (98.8 sqm): a two-bedroom apartment on the 40th floor of a 43-storey tower completed in 2015.

What is unit 4010 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 4010, Upper Crest

Starts from the last sale price (AED 2.79M, 17 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,792,500
Deposit, UAE resident (20%)
AED 558,500
Deposit, non-resident (40%)
AED 1,117,000
Monthly over 25 years at 3.7%
AED 11,425

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