Downtown Dubai
Upper Crest
DAMAC DEVELOPMENT(L L C) · Selling since 2008 · recent sales mostly resales
Street View imagery near Upper Crest, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
Median per sqft
AED 1,509/sqft
3yr CAGR
-9.1%
5yr projection (1,000 sqft)
AED 2,495,549
AED 924,187 to AED 5,112,882, from 14.4 years of this project's own history. A trend, not a forecast.
Confidence
Wide range
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 Upper Crest — 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 Upper Crest over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Upper Crest itself; the rest are homes of the same size in Downtown Dubai, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| 1 bed | AED 1.44M | AED 95,000/yrthis building · 43 new lets | 6.6% | 10 |
| 2 beds | AED 2.04M | AED 135,000/yrthis building · 27 new lets | 6.6% | 12 |
What it returns after service charges
Starting from this building’s own owners-association budget for 2021 — AED 23/sqft, as filed with the Land Department. 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 20,726 | AED 74,274 | 6.6% | 5.2% |
| 2 beds | AED 26,289 | AED 108,711 | 6.6% | 5.3% |
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. Downtown Dubai median
-44.4%
Priced at or below the area's real median.
Developer track record
6,987 real transactions
11 completed · 0 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
1.8 km
Burj Khalifa / Dubai Mall
Nearest school
2.2 km
Canadian University Dubai
Nearest hospital
712 m
BIOS CLINIC
Nearest supermarket
435 m
Carrefour Express
Metro stations
- Burj Khalifa / Dubai Mall1.8 km
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