UPPER CREST
ReadyDeveloperDAMAC DEVELOPMENT(L L C)
CommunityDownTown Dubai
AreaBurj Khalifa
Started
17 years 6 months ago07-07-2008
Handover
10 years 1 month ago14-12-2015
Status
CompleteFinished
Project Description
Freehold residential tower located in Burj Dubai District. The tower is designed as G+5P+HC+37. The tower is designed to provide serviced hotel apartments and to be constructed out of concrete structure and block with internal and external finishes.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Rising+5%
GrowthCurrent:AED 1,807/sqft
Last 12M:AED 1,718/sqft
Momentum: Last 12Mvs Prior Year
Rising+6%
GrowthLast 12M:AED 1,718/sqft
Prior Year:AED 1,616/sqft
Community Compare: Last 90DDownTown Dubai
Discount-36%
Below AvgProject:AED 1,807/sqft
Community:AED 2,814/sqft
Liquidity: Last 12MExit Speed
Low6%Turnover
25Sold (Last 12M)
Supply & Demand Matrix
UPPER CREST averaged 6% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
70 units
2 sold68 left
3%
Velocity
1 Bedroom
177 units
11 sold166 left
6%
Velocity
2 Bedrooms
105 units
10 sold95 left
10%
Velocity
3 Bedrooms
38 units
2 sold36 left
5%
Velocity
Shop
6 units
0 sold6 left
0%
Velocity
Layouts & Units (397)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 4 units | Type Hotel Apartment | Beds 1 B/R | Size 903 sqft | Avg Price AED 1.2M | Last Price AED 1.5M | Last Sold 30 days ago | Sales 3 |
Units 7 units | Type Flat | Beds 2 B/R | Size 1,143 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold about 1 month ago | Sales 3 |
Units 19 units | Type Flat | Beds 1 B/R | Size 901 sqft | Avg Price AED 1.2M | Last Price AED 1.5M | Last Sold about 2 months ago | Sales 17 |
Units 18 units | Type Hotel Apartment | Beds 2 B/R | Size 1,142 sqft | Avg Price AED 2.2M | Last Price AED 2.1M | Last Sold about 2 months ago | Sales 4 |
Units 10 units | Type Flat | Beds 2 B/R | Size 1,063 sqft | Avg Price AED 1.5M | Last Price AED 1.9M | Last Sold about 2 months ago | Sales 2 |
Units 706 | Type Hotel Apartment | Beds 1 B/R | Size 1,005 sqft | Avg Price AED 1.6M | Last Price AED 1.8M | Last Sold 2 months ago | Sales 4 |
Units 15 units | Type Flat | Beds 2 B/R | Size 1,219 sqft | Avg Price AED 1.8M | Last Price AED 2.0M | Last Sold 2 months ago | Sales 11 |
Units 15 units | Type Hotel Apartment | Beds 3 B/R | Size 1,723 sqft | Avg Price AED 3.0M | Last Price AED 2.5M | Last Sold 3 months ago | Sales 3 |
Units 4304 | Type Hotel Apartment | Beds 3 B/R | Size 1,478 sqft | Avg Price AED 2.4M | Last Price AED 2.6M | Last Sold 4 months ago | Sales 2 |
Units 22 units | Type Hotel Apartment | Beds 1 B/R | Size 828 sqft | Avg Price AED 1.2M | Last Price AED 1.4M | Last Sold 5 months ago | Sales 8 |
Units 3 units | Type Flat | Beds Studio | Size 499 sqft | Avg Price AED 955K | Last Price AED 980K | Last Sold 6 months ago | Sales 2 |
Units 3 units | Type Flat | Beds 1 B/R | Size 939 sqft | Avg Price AED 1.5M | Last Price AED 1.5M | Last Sold 7 months ago | Sales 1 |
Units 13 units | Type Hotel Apartment | Beds 2 B/R | Size 1,143 sqft | Avg Price AED 1.8M | Last Price AED 2.1M | Last Sold 8 months ago | Sales 7 |
Units 16 units | Type Hotel Apartment | Beds 1 B/R | Size 900 sqft | Avg Price AED 1.3M | Last Price AED 1.5M | Last Sold 9 months ago | Sales 11 |
Units 3 units | Type Hotel Apartment | Beds 1 B/R | Size 939 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold 9 months ago | Sales 1 |
Units 20 units | Type Hotel Apartment | Beds 1 B/R | Size 1,002 sqft | Avg Price AED 1.2M | Last Price AED 1.6M | Last Sold 10 months ago | Sales 14 |
Units 3 units | Type Flat | Beds 2 B/R | Size 1,142 sqft | Avg Price AED 1.8M | Last Price AED 2.0M | Last Sold 10 months ago | Sales 3 |
Units 3 units | Type Flat | Beds 1 B/R | Size 853 sqft | Avg Price AED 1.2M | Last Price AED 1.3M | Last Sold 12 months ago | Sales 3 |
Units 8 units | Type Flat | Beds 1 B/R | Size 907 sqft | Avg Price AED 1.2M | Last Price AED 2.0M | Last Sold about 1 year ago | Sales 8 |
Units 3 units | Type Hotel Apartment | Beds 1 B/R | Size 931 sqft | Avg Price AED 1.4M | Last Price AED 1.5M | Last Sold over 1 year ago | Sales 2 |
Units 14 units | Type Flat | Beds 3 B/R | Size 1,723 sqft | Avg Price AED 2.7M | Last Price AED 2.9M | Last Sold over 1 year ago | Sales 7 |
Units 13 units | Type Flat | Beds 1 B/R | Size 1,002 sqft | Avg Price AED 1.2M | Last Price AED 1.5M | Last Sold over 1 year ago | Sales 7 |
Units 21 units | Type Hotel Apartment | Beds Studio | Size 441 sqft | Avg Price AED 773K | Last Price AED 920K | Last Sold over 1 year ago | Sales 7 |
Units 7 units | Type Flat | Beds Studio | Size 497 sqft | Avg Price AED 733K | Last Price AED 875K | Last Sold over 1 year ago | Sales 2 |
Units 3 units | Type Hotel Apartment | Beds 1 B/R | Size 821 sqft | Avg Price AED 1.3M | Last Price AED 1.2M | Last Sold over 1 year ago | Sales 4 |
Units 13 units | Type Hotel Apartment | Beds 2 B/R | Size 1,063 sqft | Avg Price AED 1.7M | Last Price AED 2.0M | Last Sold over 1 year ago | Sales 8 |
Units 12 units | Type Flat | Beds Studio | Size 441 sqft | Avg Price AED 800K | Last Price AED 875K | Last Sold over 1 year ago | Sales 5 |
Units 13 units | Type Flat | Beds 1 B/R | Size 860 sqft | Avg Price AED 1.2M | Last Price AED 1.3M | Last Sold almost 2 years ago | Sales 6 |
Units 6 units | Type Flat | Beds Studio | Size 491 sqft | Avg Price AED 886K | Last Price AED 886K | Last Sold almost 2 years ago | Sales 1 |
Units 1402 | Type Flat | Beds Studio | Size 443 sqft | Avg Price AED 969K | Last Price AED 969K | Last Sold almost 2 years ago | Sales 1 |
Units 9 units | Type Flat | Beds 1 B/R | Size 828 sqft | Avg Price AED 1.3M | Last Price AED 1.3M | Last Sold almost 2 years ago | Sales 3 |
Units 4 units | Type Hotel Apartment | Beds 3 B/R | Size 1,722 sqft | Avg Price AED 2.6M | Last Price AED 3.0M | Last Sold almost 2 years ago | Sales 3 |
Units 2004 | Type Hotel Apartment | Beds 1 B/R | Size 853 sqft | Avg Price AED 1.3M | Last Price AED 1.3M | Last Sold almost 2 years ago | Sales 1 |
Units 18 units | Type Hotel Apartment | Beds 1 B/R | Size 860 sqft | Avg Price AED 1.5M | Last Price AED 2.0M | Last Sold about 2 years ago | Sales 7 |
Units 18 units | Type Hotel Apartment | Beds 2 B/R | Size 1,219 sqft | Avg Price AED 1.7M | Last Price AED 2.5M | Last Sold about 2 years ago | Sales 8 |
Units 2003 | Type Flat | Beds 1 B/R | Size 821 sqft | Avg Price AED 1.2M | Last Price AED 1.2M | Last Sold over 2 years ago | Sales 1 |
Units 9 units | Type Hotel Apartment | Beds Studio | Size 497 sqft | Avg Price AED 685K | Last Price AED 720K | Last Sold over 2 years ago | Sales 2 |
Units 2 units | Type Hotel Apartment | Beds Studio | Size 499 sqft | Avg Price AED 533K | Last Price AED 570K | Last Sold almost 4 years ago | Sales 2 |
Units 3 units | Type Flat | Beds 2 B/R | Size 1,135 sqft | Avg Price AED 1.1M | Last Price AED 1.1M | Last Sold over 4 years ago | Sales 1 |
Units 711 | Type Hotel Apartment | Beds 2 B/R | Size 1,240 sqft | Avg Price AED 1.2M | Last Price AED 1.2M | Last Sold about 6 years ago | Sales 1 |
Units 702 | Type Hotel Apartment | Beds Studio | Size 443 sqft | Avg Price AED 610K | Last Price AED 610K | Last Sold almost 7 years ago | Sales 1 |
Units 10 units | Type Hotel Apartment | Beds 1 B/R | Size 911 sqft | Avg Price AED 1.1M | Last Price AED 1.1M | Last Sold almost 7 years ago | Sales 2 |
Units 2 units | Type Hotel Apartment | Beds 1 B/R | Size 804 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 3 units | Type Flat | Beds 1 B/R | Size 911 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 1609 | Type Flat | Beds 1 B/R | Size 931 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2301 | Type Hotel Apartment | Beds 1 B/R | Size 997 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 710 | Type Flat | Beds 2 B/R | Size 1,061 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 1810 | Type Hotel Apartment | Beds 2 B/R | Size 1,135 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 1407 | Type Hotel Apartment | Beds 2 B/R | Size 1,508 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2302 | Type Flat | Beds 2 B/R | Size 1,705 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 707 | Type Hotel Apartment | Beds 3 B/R | Size 1,728 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4301 | Type Flat | Beds 3 B/R | Size 2,779 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4306 | Type Flat | Beds 3 B/R | Size 2,841 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 1406 | Type Flat | Beds 3 B/R | Size 4,883 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4305 | Type Hotel Apartment | Beds Studio | Size 422 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 7 units | Type Hotel Apartment | Beds Studio | Size 491 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units G03 | Type Shop | Beds — | Size 97 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units G02 | Type Shop | Beds — | Size 522 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 604 | Type Shop | Beds — | Size 984 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units G01 | Type Shop | Beds — | Size 1,066 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 602 | Type Shop | Beds — | Size 1,630 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 601 | Type Shop | Beds — | Size 5,050 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 603 | Type Gymnasium | Beds GYM | Size 1,503 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
63 unique layouts covering 397 units