What is the rental yield in Upper Crest?

Upper Crest returns 7.41% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 106 rental contracts registered in the last 24 months.

How much does a 1 bedroom in Upper Crest cost?

The median registered sale price is AED 1.48M (1,583 AED/sqft), from 22 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Upper Crest selling for right now?

Registered sales of ready units in Upper Crest over the last 12 months have a median of 1,649 AED/sqft, across 10 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in Upper Crest risen or fallen?

Median price per square foot moved +5.6% over the last 12 months against the 12 before it, on 22 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Upper Crest compare with Downtown Dubai?

Its 7.41% gross yield sits +1.3 pts against the Downtown Dubai median of 6.14%, computed at the same bedroom grain over the same 24-month window.

Upper Crest — sale prices & yield | Downtown Dubai, Dubai

Buy: 1.48MAED; AED 1,649/sqft
Long-let: 7.41%; AED 100,000/yr
Short-let: 9.99%; AED 664/night · 0.71/sqft

Price per sqft: Median of 10 registered sales of ready units in the last 12 months, most recent August 2026.

Priced off the last 5 sales — most recent August 2026.

Yield spread: +1.3 pts; vs the Downtown Dubai median for this unit type
Turnover upside: +5.3%; new tenants pay more than sitting ones — 88 renewals
AED/yr/sqft: AED 108
Sales: 22
Rental contracts: 106
Renewal rent: AED 95,000/yr

12 months: +5.6%
3 years: -2.2%-0.8%/yr
5 years: +91.0%+13.8%/yr

Based on 22 sales and 106 rental contracts in the last 24 months.

Upper Crest is an apartment building in Downtown Dubai, Dubai. The closest metro station is Burj Khalifa / Dubai Mall Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2015 to 2026, 552 registered sales in all — the 22 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Upper Crest, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
Studio	AED 980,000	2084	7.14% +0.4 pts	+11.0%	5
1 bed	AED 1.48M	1583	7.41% +1.3 pts	+5.6%	22
2 bed	AED 2.05M	1773	6.50% +0.6 pts	-2.3%	19
3 bed	AED 2.62M	1616	6.87% +1.4 pts	+4.5%	6

Deltas compare each yield with the Downtown Dubai median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Upper Crest

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
1 bed500m	664	0.71	AED 148,130	AED 100,000	1.5×	9.99%	33+
2 bed500m	991	0.86	AED 225,128	AED 130,000	1.7×	10.98%	16+
3 bed500m	1,337	0.83	AED 302,614	AED 177,500	1.7×	11.56%	6+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Upper Crest itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Upper Crest between 2012 and 2016 went for a median of AED 2,352/sqft (AED 2.09M). The same building resells today at AED 1,696/sqft (AED 1.85M) — an uplift of -11.4%.

Based on 403 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

28 resales in the last 12 months, against 36 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
17 Aug 2026	2 bed	1,061	AED 1,720,000	1,621
10 Aug 2026	1 bed	828	AED 1,200,000	1,449
4 Aug 2026	1 bed	828	AED 1,250,000	1,509
8 Jun 2026	2 bed	1,143	AED 2,000,000	1,749

4 resales in the last 3 months.

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
2 Sept 2026	Studio	495	AED 60,000	121	Renewal
30 Aug 2026	1 bed	907	AED 70,000	77	New
29 Aug 2026	1 bed	901	AED 76,000	84	New
25 Aug 2026	3 bed	1,723	AED 156,000	91	New
19 Aug 2026	1 bed	900	AED 95,000	106	Renewal
17 Aug 2026	3 bed	1,723	AED 182,000	106	New
15 Aug 2026	1 bed	860	AED 75,000	87	Renewal
15 Aug 2026	1 bed	907	AED 79,786	88	New
15 Aug 2026	Studio	497	AED 68,250	137	Renewal
12 Aug 2026	2 bed	1,219	AED 131,496	108	Renewal
10 Aug 2026	2 bed	1,143	AED 128,800	113	Renewal
10 Aug 2026	1 bed	828	AED 80,000	97	New
1 Aug 2026	1 bed	939	AED 80,000	85	New
1 Aug 2026	2 bed	1,142	AED 105,000	92	New
1 Aug 2026	2 bed	1,135	AED 120,000	106	New
1 Aug 2026	2 bed	1,142	AED 120,000	105	New
26 Jul 2026	1 bed	858	AED 85,000	99	Renewal
20 Jul 2026	Studio	495	AED 60,000	121	New
18 Jul 2026	1 bed	860	AED 72,500	84	New
15 Jul 2026	1 bed	900	AED 85,000	94	New
13 Jul 2026	1 bed	858	AED 88,935	104	New
13 Jul 2026	1 bed	858	AED 88,935	104	Renewal
6 Jul 2026	1 bed	860	AED 87,000	101	New
4 Jul 2026	1 bed	829	AED 82,583	100	Renewal
1 Jul 2026	3 bed	1,723	AED 170,000	99	New
1 Jul 2026	1 bed	900	AED 100,000	111	New
30 Jun 2026	2 bed	1,219	AED 120,000	98	New
26 Jun 2026	1 bed	1,002	AED 105,000	105	Renewal
26 Jun 2026	2 bed	1,063	AED 132,250	124	Renewal
25 Jun 2026	1 bed	1,002	AED 100,000	100	New
25 Jun 2026	Studio	442	AED 57,000	129	New
18 Jun 2026	2 bed	1,142	AED 119,337	104	Renewal
15 Jun 2026	2 bed	1,142	AED 118,000	103	New
3 Jun 2026	Studio	442	AED 90,000	204	New
1 Jun 2026	2 bed	1,142	AED 110,000	96	Renewal

35 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors: 39

Nearby

Metro: Burj Khalifa / Dubai Mall Metro Station
Mall: Dubai Mall
Landmark: Downtown Dubai

Compare with nearby buildings

The most-traded buildings in Downtown Dubai, on the same figures over the same window.

Highest rental yields in Downtown Dubai · Upper Crest places 12th of 55

Common questions

What is the rental yield in Upper Crest?: Upper Crest returns 7.41% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 106 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Upper Crest cost?: The median registered sale price is AED 1.48M (1,583 AED/sqft), from 22 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Upper Crest selling for right now?: Registered sales of ready units in Upper Crest over the last 12 months have a median of 1,649 AED/sqft, across 10 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Upper Crest risen or fallen?: Median price per square foot moved +5.6% over the last 12 months against the 12 before it, on 22 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Upper Crest compare with Downtown Dubai?: Its 7.41% gross yield sits +1.3 pts against the Downtown Dubai median of 6.14%, computed at the same bedroom grain over the same 24-month window.

Upper Crest