PropertyIndex

The Crestmark

Under Construction · 25%|191 units · 1 building

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The Crestmark is an under-construction apartment development by ELLINGTON PROPERTIES DEVELOPMENT L.L.C in Business Bay, comprising 191 registered units. 191 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,763 per sqft. At AED 2,763 per sqft, The Crestmark prices 14% above the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · 0.6% YoY
3.03MAED
Typical
2,763AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
191
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
The Crestmark

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
497 – 6,163 sqft
1913.03M2,7630.6%
Residential
Studio · Apartment
497 – 534 sqft
17
1 Bed · Apartment
746 – 1,107 sqft
65
2 Bed · Apartment
1,055 – 1,419 sqft
79
3 Bed · Apartment
1,623 – 3,513 sqft
26
4 Bed · Apartment
3,064 – 6,163 sqft
3
Commercial
Shop
3,032 sqft
1
No rental contracts registered — the project has not handed over.
Sales — Project-Wide191 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Floor Analysis
last 24 months
Median PSF · 110 sales
Floors 4-11 · 47 sales
Floors 12-20 · 63 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
27 Jul 20263 BedFloor 81,6244,403,8282,712StandardOff-Plan Sale
30 Jun 20262 BedFloor 41,0592,420,0002,286-13.8%Entry LevelOff-Plan Sale
5 Jun 20262 BedFloor 201,4063,962,8282,819StandardOff-Plan Sale
Rentals — Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Common questions about The Crestmark

Answered from Dubai Land Department registered transactions.

How much does a property in The Crestmark cost?

Property in The Crestmark sells at a current PIX© price of AED 2,763 per sqft, or about AED 3,034,352 for a typical unit, based on 191 sales registered with the Dubai Land Department.

When is The Crestmark handing over?

The Crestmark is under construction, and is 25% complete against the Dubai Land Department's reported progress.

Who is the developer of The Crestmark?

The Crestmark is developed by ELLINGTON PROPERTIES DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in The Crestmark?

The Crestmark holds 191 registered units, per the Dubai Land Department unit register.

Have prices in The Crestmark gone up or down?

Price per sqft has fallen -0.6% over the last 12 months, to AED 2,763, across 191 registered sales.