Upper Crest rents
- 101 new leases and 67 renewals in 12 months
- 189 units
- Downtown Dubai
- near Burj Khalifa / Dubai Mall Metro Station
A one-bed here leases for about AED 90,000 a year, 22% below the typical Downtown Dubai one-bed. Renewing tenants pay more than new ones: AED 95,000.
1 bed · typical new lease
90,000AEDa year
AED 105/sqft · -10.0% on a year
- A month, roughly
- AED 7,500
- Renewal
- AED 95,000
- vs Downtown Dubai 1 bed
- 22% below the median
- New leases, 12 months
- 49
What should a lease in Upper Crest cost?A one-bed leases for about AED 90,000 a year; renewing tenants pay 5.6% more than new ones
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Downtown Dubai median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A one-bed here now costs 10.0% less than a year earlier: AED 90,000 against 100,000.
Chart data, 1 bed: Sep 2013, AED 94,737; latest, Oct 2026, AED 82,500; peak, Apr 2015, AED 125,000.
Showing the 60 most recent of 168 contracts starting on or after 12 Oct 2025.
About Upper CrestA 39-floor tower in Downtown Dubai, a 9-minute drive from DIFC
Upper Crest is an apartment building completed in 2015 in Downtown Dubai. 168 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Service charge
- Paid by the landlord · AED 23.18/sqft a year
- Floors
- 39
Drive times · typical
- Downtown
- 12 min · 4.5 km
- DXB Airport
- 14 min · 14 km
- DIFC
- 9 min · 6.9 km
- Dubai Marina
- 20 min · 22 km
- Palm Jumeirah
- 26 min · 26 km
Nearest, as registered
- Metro
- Burj Khalifa / Dubai Mall Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Letting a unit in Upper Crest?89% of units here signed a yearly lease in 12 months, above the Downtown Dubai median; new tenants pay less than renewing ones
- Units on a yearly lease
- 89%Strength
- Downtown Dubai median 27%; top tenth from 64%
- New tenant vs renewal
- -2.0%
- New leases AED 98,000, renewals 100,000, all types
- Short-let instead, one-bed
- AED 664
- a night on Airbnb; nets 1.4× the yearly rent at 70% occupancy, after fees, cleaning and utilities
Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement
Thinking of selling? Upper Crest sale prices →Comparables in Downtown Dubai
Every Downtown Dubai building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Upper Crest places 56th of 63; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Upper Crest.
At 1 bed, Upper Crest ranks 57th of 59 by rent per square foot and 13th of 43 by gross yield in Downtown Dubai.
Market context in Downtown Dubai
Registered sales activity
1,759 ready apartment sales in the 12 months to 2026-10-12.
+0.4% in median AED/sqft versus the preceding year, supported by 1,759 current and 2,575 prior price observations.
Explore sales activityPlanned apartment projects
2,186 known registered units across 5 pending projects planned within one year of the 2026-07-06 register.
1 projects had already passed their planned date; 1 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
3,663 apartments are planned in Downtown Dubai from 2026 to 2028, equal to 38% of the 9,689 homes let there today.
Ready prices per sqft fell in 49% of 109 buildings (counted once per bedroom type) in Downtown Dubai with sales in both years; the typical one moved +0.1%.
New-lease rents fell in 76% of 54 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.7%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
Nearby in Downtown Dubai
Prices per sq ft around Upper Crest, on the mapPrices per sq ft around Upper Crest, on the map
Grande
Downtown Dubai · 319 contracts, 12 months
190,000
AED a year median · 174/sqft
The Address Residences Dubai Opera T2
Downtown Dubai · 291 contracts, 12 months
250,000
AED a year median · 207/sqft
The Address Residences Dubai Opera T1
Downtown Dubai · 291 contracts, 12 months
250,000
AED a year median · 207/sqft
Forte T1
Downtown Dubai · 285 contracts, 12 months
175,000
AED a year median · 153/sqft
Ask about Upper Crest
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Common questions
- What is the registered annual rent for a 1 bedroom in Upper Crest?
- The median new annual rent is AED 90,000, from 49 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Upper Crest risen or fallen?
- The median new annual rent changed -10.0% in the trailing 12 months against the previous 12, using 49 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- Do new tenants in Upper Crest pay more than sitting ones?
- A new tenant pays -5.3% against a renewing one, across 36 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
- How many apartments change hands in Upper Crest?
- 9 sales were registered with the Dubai Land Department in the last 12 months, alongside 49 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to Upper Crest?
- Burj Khalifa / Dubai Mall Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.
For agents
Send this page to a client as a branded report
Upper Crest rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 22 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /rent/apartments/dubai/downtown-dubai/upper-crest
Cite as: Dubai Wealth Index. “Upper Crest rents and yield.” Downtown Dubai, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/downtown-dubai/upper-crest
Stable dataJSON