Crystal Tower

Completed|441 units · 1 tower · 1 building

Crystal Tower is a completed development by REEF REAL ESTATE INVESTMENT CO (L.L.C) in Business Bay, comprising 441 registered units. 133 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,431 per sqft. At AED 2,431 per sqft, Crystal Tower prices 16% above the Business Bay median of AED 2,087 per sqft on registered sales.

PIX© price · ↓2.0% YoY

2.24MAED

Typical

2,431AED

PSF

Gross yield

5.3%

PIX© rent ÷ PIX© price

Sale records

133

DLD · all time

Rent contracts

2,173

Ejari · all time

SATELLITE

LocationBusiness Bay

Drive times · typical

Downtown Dubai4 min · 1.3 km

DXB Airport11 min · 14.4 km

DIFC9 min · 3.7 km

Dubai Marina22 min · 23.7 km

Palm Jumeirah23 min · 26.0 km

Nearest · straight-line

Metro stationBurj Khalifa/ Dubai Mall Metro Station2.2 km

MallStaff Fountain parking0.5 km

SchoolCrystal Swim Academy

HospitalHousecall

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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 8

…

Office on Floor 8, Crystal Tower

Size
Record: Jan 2012 to Jun 2021
Owners: 6
Tenants: 6
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
6Tenant 6	26 Jun 2021			Renewal Owner 6
6Tenant 6	26 Jun 2020		12 mo	Renewal Owner 6
6Tenant 6	26 Jun 2019		12 mo	Renewal Owner 6
6Tenant 6	26 Jun 2018		12 mo	Owner 6
6Owner 6	13 Jun 2018		8.3 yrs	Current owner Sold with tenant in place Mortgage
5Tenant 5	31 May 2018		12 mo	Owner 5
5Owner 5	27 Dec 2017		6 mo	Sold with tenant in place
4Tenant 4	31 Oct 2016		15 mo	Owner 4
3Tenant 3	1 Aug 2015		15 mo	Owner 4
2Tenant 2	7 Oct 2014		2.0 yrs	Owner 4
1Tenant 1	15 Aug 2013		3.0 yrs	Owner 4
4Owner 4	4 Jun 2013		4.6 yrs
3Owner 3	4 Jun 2013
2Owner 2	18 Jan 2012		17 mo
Owner 1 · Undisclosed		—		Acquisition date and price not on record

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Office · Floor 8 · Crystal Tower

Nightly rateAED

Occupancy (237 nights)

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Crystal Tower2,431AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 196 - 412,157 sqft	441	2.24M	2,431	↓2.0%		118K	5.3%
Residential
1 Bed · Apartment 413 - 1,287 sqft	242	-	-	-		-	-
2 Bed · Apartment 247 - 1,087 sqft	17	-	-	-	-	-	-
3 Bed · Apartment 969 - 3,242 sqft	66	-	-	-		-	-
Hospitality
Hotel Room (Bedrooms Unknown) 412,157 sqft	1	-	-	-		-	-
Commercial
Office 490 - 2,627 sqft	82
Shop 196 - 847 sqft	33

Sales - Project-Wide133 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
21 Jul 2026	—	Crystal Tower · Floor 6	945	1,680,000	1,778	-	Standard	Standard Sale
13 Mar 2026	—	Crystal Tower · Floor 1	2,627	4,598,072	1,750	+27.7%	Standard	Standard Sale
13 Mar 2026	—	Crystal Tower · Floor 1	2,041	3,571,662	1,750	+35.6%	Standard	Standard Sale

Rentals - Project-Wide2,173 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Unit No.	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
9 Oct 2026	—	—	Crystal Tower · Floor 8	108	12,000	111	-	Entry Level	CONTRACT
30 Sep 2026	—	—	Crystal Tower · Floor 11	237	11,000	46	-	Entry Level	CONTRACT
15 Sep 2026	—	—	Crystal Tower · Floor 11	215	48,000	223	-	Standard	CONTRACT

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare2 peers could not be placed

This project

Crystal Tower

Compared with

Clover Bay Tower

PIX© PSF

1,731

Rank

#30 of 38

#29 of 38

Typical price

1.75M

Yield

3.1%

Units

441

302

Sales

113

Rents

902

2,125

Developer

REEF REAL ESTATE INVESTMENT CO (L.L.C)

GREEN EMIRATES PROPERTIES CO.PSC

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	The Exchange TANMIYAT GLOBAL REAL ESTATE DEVELOPMENT L L C · Completed	209					50	2,946
	Iris Bay SHETH ESTATE (INTERNATIONAL) LIMITED · Completed	202					142	7,697
	Empire Heights GPD INVESTMENTS SPV ONE LIMITED · Completed	221					147	5,762
	Empire Heights 1 GPD INVESTMENTS SPV ONE LIMITED · Completed	94					70	5,128
	Clover Bay Tower GREEN EMIRATES PROPERTIES CO.PSC · Completed	302					113	2,125
30	Crystal Tower REEF REAL ESTATE INVESTMENT CO (L.L.C) · Completed	441	1,731	Subject	1.75M	3.1%	25	902
	Empire Heights Podium GPD INVESTMENTS SPV ONE LIMITED · Completed	33					24	367
	Silver Tower TAMEER HOLDING INVESTMENT (LLC) · Completed	483					113	731
	Sobha Ivory Tower 2 SOBHA REALTY · Completed	92					21	256
	Ontario Tower ROSE HOMES INVESTMENT (L.L.C) · Completed	300					190	9,420
	Sobha Ivory Towers JUPITER ESTATES LIMITED · Completed	184					59	559

Community median 2,087 AED/sqft. Showing the closest-ranked peers of 38 ranked projects in the community. 13 community projects excluded for insufficient recorded sales. 57 excluded for trading only in the off-plan market. 22 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Al Manara TowerAED 2,495/sqft
Bay Square Building 3AED 2,239/sqft
Bay Square Building 12AED 2,633/sqft
Bay Square Building 7AED 2,107/sqft
The Regal TowerAED 2,095/sqft
The Citadel TowerAED 2,087/sqft

Common questions about Crystal Tower

Answered from Dubai Land Department registered transactions.

How much does a property in Crystal Tower cost?

Property in Crystal Tower sells at a current PIX© price of AED 2,431 per sqft, or about AED 2,235,722 for a typical unit, based on 133 sales registered with the Dubai Land Department.

Is Crystal Tower completed?

Yes. Crystal Tower is recorded as completed in the Dubai Land Department project register.

Who is the developer of Crystal Tower?

Crystal Tower is developed by REEF REAL ESTATE INVESTMENT CO (L.L.C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Crystal Tower?

Crystal Tower yields 5.3% gross, calculated from current PIX© rent against current PIX© sale price, across 2,173 registered Ejari contracts.

How many units are in Crystal Tower?

Crystal Tower holds 441 registered units, per the Dubai Land Department unit register.

Have prices in Crystal Tower gone up or down?

Price per sqft has fallen -2.0% over the last 12 months, to AED 2,431, across 133 registered sales.