PropertyIndex

Upper Crest

Completed · Q4 2015|397 units · 1 building

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Upper Crest is a completed apartment development by DAMAC DEVELOPMENT(L L C) in Downtown Dubai, Burj Khalifa, comprising 397 registered units. 629 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,779 per sqft. At AED 1,779 per sqft, Upper Crest prices 42% below the Downtown Dubai average of AED 3,067 per sqft on registered sales.

PIX© price · 2.1% YoY
1.58MAED
Typical
1,779AED
PSF
Gross yield
6.5%
PIX© rent ÷ PIX© price
Sale records
629
DLD · all time
Rent contracts
2,502
Ejari · all time
Upper Crest

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 YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
422 – 2,841 sqft
3971.58M1,7792.1%103K6.5%
Residential
Studio · Apartment
441 – 499 sqft
34
1 Bed · Apartment
821 – 1,002 sqft
82
2 Bed · Apartment
1,061 – 1,705 sqft
51
3 Bed · Apartment
1,478 – 2,841 sqft
21
Studio · Hotel Apartment
422 – 499 sqft
36
1 Bed · Hotel Apartment
804 – 1,005 sqft
95
2 Bed · Hotel Apartment
1,063 – 1,240 sqft
54
3 Bed · Hotel Apartment
1,722 – 1,728 sqft
17
Commercial
Other Commercial
1,503 sqft
1
Shop
522 – 1,630 sqft
6
Sales — Project-Wide629 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
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
10 Aug 20261 BedFloor 308281,200,0001,449-48.4%StandardStandard Sale
4 Aug 20261 BedFloor 348281,250,0001,509+4.2%StandardStandard Sale
8 Jun 20262 BedFloor 351,1432,000,0001,749-37.0%StandardStandard Sale
Rentals — Project-Wide2,502 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 520 rentals
Floors 7-23 · 225 rentals
Floors 24-26 · 48 rentals
Floors 27-43 · 247 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
17 Aug 20263 BedFloor 331,723182,000106-4.2%Standardnew
15 Aug 20261 BedFloor 3386075,00087-14.3%Entry Levelrenewal
15 Aug 20261 BedFloor 2190779,78188-12.1%Entry Levelnew

Comparables

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

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Common questions about Upper Crest

Answered from Dubai Land Department registered transactions.

How much does a property in Upper Crest cost?

Property in Upper Crest sells at a current PIX© price of AED 1,779 per sqft, or about AED 1,582,427 for a typical unit, based on 629 sales registered with the Dubai Land Department.

Is Upper Crest completed?

Yes. Upper Crest is recorded as completed in the Dubai Land Department project register (completed q4 2015).

Who is the developer of Upper Crest?

Upper Crest is developed by DAMAC DEVELOPMENT(L L C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Upper Crest?

Upper Crest yields 6.5% gross, calculated from current PIX© rent against current PIX© sale price, across 2,502 registered Ejari contracts.

How many units are in Upper Crest?

Upper Crest holds 397 registered units, per the Dubai Land Department unit register.

Have prices in Upper Crest gone up or down?

Price per sqft has fallen -2.1% over the last 12 months, to AED 1,779, across 629 registered sales.

About Upper Crest

Upper Crest is a completed 44-storey serviced residential skyscraper in Downtown Dubai developed by DAMAC Properties, offering luxury serviced apartments and premium amenities in close proximity to the Burj Khalifa.

Overview and Rebranding

Upper Crest is a prominent residential project located on Al Ohood Street in Downtown Dubai. Developed by DAMAC Properties (through DAMAC Development L.L.C.), the high-rise tower was originally conceived and approved under the name 'Burjside Terrace'. Construction on the 178-metre tower commenced in July 2008. The completed project is operated as fully serviced, five-star hotel-standard residences by DAMAC's hospitality division, DAMAC Maison.

Physical Structure and Serviced Units

The physical structure comprises a single 44-storey tower sitting atop a 5-level podium dedicated to parking and valet operations. The total unit count is subject to a conflict between 397 and 446 fully furnished layouts. Residences range from studio configurations to one-, two-, and three-bedroom apartments, alongside select penthouses and duplex units. Designed with modern architecture, the residences feature floor-to-ceiling windows, panoramic glazing, and balconies with glass balustrades that look out onto the Burj Khalifa, Dubai Fountain, and Dubai Canal.

Luxury Amenities and On-Site Retail

Residents and guests at Upper Crest have access to premium lifestyle facilities, including a temperature-controlled swimming pool, a fully equipped gym, a wellness spa with steam, sauna, and jacuzzi sections, and an indoor children's play area. Additional services include a grand lobby with 24-hour concierge and valet services. The ground floor hosts convenient retail centres, including a local supermarket and a laundry service. The development is officially designated as a pet-friendly building.

Connectivity and Landmarks

Positioned just 250 metres from the Dubai Canal, Upper Crest is highly accessible via Sheikh Zayed Road (E11), Al Khail Road, and Ras Al Khor Road. It is served by the Dubai Fountain Street Bus Stop 1 (Routes 50, F13, X22) and is an 8-minute drive from the Burj Khalifa/Dubai Mall Metro Station. Major tourist landmarks like the Dubai Mall and Burj Khalifa are reachable on foot within 5 to 10 minutes, and the Dubai Opera is situated just 1.3 km away.

Amenities
  • Swimming Pool
    Temperature-controlled swimming pool.
  • Gymnasium
    Fully-equipped state-of-the-art gymnasium.
  • Spa and Wellness Center
    Luxury spa facilities including sauna, steam room, jacuzzi, and massage rooms.
  • Children's Play Area
    Dedicated play zones within the tower.
  • Valet Parking
    24-hour professional valet parking service for residents and guests.
  • Concierge Services
    24-hour reception, concierge, and guest support.
  • Ground Floor Retail
    Ground level hosting 6 retail centres, including a supermarket and a laundry service.
  • Pet-Friendly Building Policy
    Permits residents to keep domestic pets inside the building.
Also known as DAMAC Maison Upper Crest, DAMAC Upper Crest, Burjside Terrace, Upper Crest (Burjside Terrace).