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Ejari leases to 12 Oct 2026

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
Buying instead? Upper Crest sale prices →

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

TypeNew leaseRenewalvs Downtown DubaiLeases
Studio61,000129/sqft63,66911 renewals15% lesstypical 71,50018
1 bedmost leased90,000105/sqft95,00036 renewals22% lesstypical 115,00049
2 bed125,000109/sqft130,00017 renewals26% lesstypical 168,86222
3 bed170,00099/sqft—40% lesstypical 285,00012

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.

Median annual rent, 1 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, 1 bed: Sep 2013, AED 94,737; latest, Oct 2026, AED 82,500; peak, Apr 2015, AED 125,000.

StartTypeSqftAnnual rentAED/sqftContract
7 Oct 20261 bed860AED 75,00087New
7 Oct 20261 bed829AED 80,00097Renewal
5 Oct 2026Studio495AED 60,000121New
4 Oct 20263 bed1,723AED 138,00080Renewal
3 Oct 20261 bed828AED 92,400112New
2 Oct 20262 bed1,220AED 137,000112Renewal
2 Oct 2026Studio495AED 60,000121New
1 Oct 20263 bed1,723AED 150,00087New
1 Oct 20261 bed901AED 85,00094New
1 Oct 20261 bed860AED 100,000116New

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.

Pinned from Google's place record for the registered name.Open in Google Maps

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.

RankBuildingMedian rentAED/yr/sqft12-month changeContracts
52–55Burj Views Podium, Views Tower B, Views Tower C, ViewsTower Aone project rent, 4 towersAED 110,000109+0.2%+1.9%241
56Upper Crest · this buildingAED 98,000109-6.7%101
57One ResidenceAED 145,000108-1.1%—3
58City Center ResidencesAED 150,000106-3.1%—3
59Damac Maison Dubai Mall Street (The Signature)AED 95,000105-3.6%-13.6%81
60Rp HeightsAED 130,000105-3.9%-1.9%138

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 activity

Planned 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 supply

Supply 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 counted
Find service-charge budget evidence for Upper Crest

Direct 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 map
Pills show median annual rent, AED. 49 buildings pinned from Google place records and Apple geocoding · Upper Crest is the inverted pinOpen in Apple Maps

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.

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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
Method
Definitions and calculations

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