Business Bay
The Crestmark
Ellington Properties Development L.L.C · APARTMENT · OFF PLAN · Selling since 2022 · recent sales mostly off-plan
Street View imagery near The Crestmark, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
Median per sqft
AED 2,712/sqft
3yr CAGR
—
5yr projection (1,000 sqft)
AED 2,655,005
AED 2,178,200 to AED 3,192,250, from 2.5 years of this project's own history. A trend, not a forecast.
Confidence
High
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in The Crestmark — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what that size actually sold for in The Crestmark over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in The Crestmark itself; the rest are homes of the same size in Business Bay, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| 1 bed | AED 2.34M | AED 107,000/yrsame size in Business Bay | 4.6% | 12 |
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 18/sqft across 39 buildings, most recently filed for 2023. Charges have risen since then and the filing is matched to this page by name, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 1 bed | AED 17,910 | AED 89,090 | 4.6% | 3.8% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Due diligence
Price vs. Business Bay median
+27.9%
Priced above the area's real median — ask why.
Developer track record
6,946 real transactions
15 completed · 15 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
Nearest metro
2.2 km
Burj Khalifa / Dubai Mall
Nearest school
2.2 km
Hartland International School
Nearest hospital
845 m
BIOS CLINIC
Nearest supermarket
286 m
Al Reyhan Mini Mart
Metro stations
- Burj Khalifa / Dubai Mall2.2 km