Upper Crest

1. Does it pay a good rent?6.1% gross, 4.8% after the service charge (Dubai median 6.8%)6.1%Fair
2. Is it easy to let?89% of units signed a yearly lease in 12 months; the typical Downtown Dubai building manages 27%89%Strength

   Across 28 Downtown Dubai buildings with 40 or more units, the median signed annual leases on 27% of units in 12 months and the top tenth on 64% or more; Upper Crest is at 89%.

3. Are rents going up?New 2 bed leases: AED 132,283 a year ago, AED 125,000 now-5.5%Watch
4. Are prices going up?2 bed: AED 1,777/sqft a year ago, 1,761 now-0.9%Fair
5. How fast do fees pay back?AED 128,488 in fees to buy a 2 bed; net rent covers it in 1.3 years1.3 yrsFair
6. Can I sell easily?26 sales in 12 months, 14% of the tower (19 the year before)26Strength
7. Is a lot being built nearby?3,663 apartments are planned in Downtown Dubai from 2026 to 2028, equal to 38% of the 9,689 homes let there today. A further 348 are past their planned date. Downtown Dubai supply by year →38%Fair
8. Did earlier buyers gain?Up 74% for buyers 5 years ago; launch buyers still 6% down, before fees+74.2%Context

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

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

At 2 bed, Upper Crest has registered sale prices 28% below the Downtown Dubai median price per square foot of 2,458 AED, across 81 eligible buildings. It ranks 76th of 81 by price per square foot and 8th of 43 by gross yield in Downtown Dubai.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · 2 bed
  12 registered sales in 12 months
  On record
• Rental evidence · 2 bed
  22 new and 17 renewal contracts in 12 months · rent source: this building
  On record
• Service charge
  AED 23.18/sqft a year, 2026 owners-association budget; 4.8% yield after it. Confirm against the latest invoice.
  On record
• Project register
  Upper Crest: recorded complete 2015-12-29 · register data to 2026-07-06
  On record
• Short-term assumption
  Modelled at the published 70% occupancy on 16 listings seen; the dial above changes every short-term figure on this page
  Read with care
• Building record
  DLD building record · data to 2026-10-13
  On record
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

What is the rental yield in Upper Crest?

Upper Crest returns 6.1% gross: a median new-contract rent of AED 125,000 a year (22 Ejari contracts in 12 months) over a price benchmark of AED 2.04M (median of 12 sales in the last 12 months, latest Aug 2026), before service charge, agency fees or vacant months.

How much does a 2 bedroom in Upper Crest cost?

The median registered sale price is AED 2.04M (1,761 AED/sqft), from 12 Dubai Land Department sales in the last 12 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 1,761 AED/sqft, across 12 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.

Have prices in Upper Crest risen or fallen?

Median price per square foot moved -0.9% over the last 12 months against the 12 before it, on 12 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How does Upper Crest compare with Downtown Dubai?

Its 6.1% gross yield sits +0.6 pts against the Downtown Dubai median of 5.5%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.