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DAMAC Upper Crest, Downtown Dubai

DAMAC Upper Crest, Downtown Dubai

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Downtown Dubai, Dubai

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Strengths

Prime Location

Luxury Amenities

Modern Architecture

Weakens

High Maintenance Fees

Limited Parking Spaces

Noise Levels

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Buildign Overview

Summary

  • DAMAC Upper Crest is a stunning residential tower located in the vibrant Downtown Dubai area.
  • The building offers exquisite views of the iconic Burj Khalifa and is in proximity to major landmarks like The Dubai Mall and Dubai Opera.
  • Residents benefit from seamless access to public transport, including the Dubai Metro, enhancing connectivity throughout the city.
  • Comparatively, DAMAC Upper Crest stands as one of the premier options amidst other luxury developments in Downtown Dubai.

Properties Overview

  • DAMAC Upper Crest boasts a range of properties, including spacious 1, 2, and 3-bedroom apartments.
  • Popular units within the building feature modern interiors and high-end finishes, attracting both renters and buyers.
  • Current rental prices range from AED 90,000 to AED 160,000 annually, while sales prices vary between AED 1.5 million to AED 3 million, depending on unit size and layout.

Market Trends

  • The real estate market in Downtown Dubai has shown resilience, with rental prices stabilizing and sales seeing a gradual increase.
  • Over the past year, properties in DAMAC Upper Crest have recorded a return on investment (ROI) of approximately 6-8%.
  • Future expectations indicate a continued demand for premium housing, driven by ongoing developments in the area and tourism influx.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to several supermarkets and essential services including Spinneys and Carrefour.
  • Nearby educational institutions include the International School of Arts & Science and Dubai International Academy.
  • Healthcare facilities such as Mediclinic and Dubai Healthcare City are within a short driving distance.

Transportation and Accessibility

  • The building offers convenient accessibility via major highways and public transport options, including the Dubai Metro station a short walk away.
  • Ample parking spaces are available for residents and guests, enhancing overall accessibility.

Lifestyle Amenities

  • The building features luxury amenities including a state-of-the-art gym, infinity pool, and dedicated recreational areas.
  • A variety of restaurants, cafés, and retail outlets are within walking distance, catering to diverse lifestyles and preferences.

Builing Facilities

  • Residents enjoy top-notch facilities, including high-speed elevators, round-the-clock security, and centralized air conditioning.
  • Comprehensive maintenance services are available to ensure the building's integrity and upkeep.

Special Services

  • DAMAC Upper Crest provides exceptional concierge services, enhancing day-to-day living.
  • Business centers within the building cater to professionals, making it a suitable location for both living and working.

Planning Your Move or Investment

Floor Plans and Property Types

  • Various floor plans are available, accommodating different family sizes and preferences, from cozy 1-bedroom units to spacious 3-bedroom apartments.

Things to Consider

  • Prospective tenants and buyers should evaluate factors such as amenities, commute times, and nearby services before making a decision.
  • Consideration of community vibes and future development plans in the area could also enhance investment value.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community events, such as seasonal gatherings and social meetups, foster a sense of belonging among residents.
  • Organized activities promote interaction, making life in DAMAC Upper Crest vibrant and engaging.

Community Identity

  • DAMAC Upper Crest is distinguished by its luxurious design and high-quality construction, embodying the essence of modern living in Dubai.
  • The building's identity is further enhanced by its artistic decorations and a welcoming community atmosphere.

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Detailed Buiding Insights

1. Family Friendliness

DAMAC Upper Crest features spacious apartments and amenities tailored for families, including playgrounds and family-friendly activities, which contribute to a supportive community environment.

Exceptionally Welcoming

2. Living Options

The community offers a variety of living options ranging from luxury apartments to more affordable units, appealing to a wide demographic of residents.

Broadly Diverse

3. Safety And Security

With 24/7 security, advanced surveillance systems, and secure access points, residents can feel safe and secure in their living environment.

Remarkably Secure

4. Transportation

The location boasts excellent connectivity with public transport options including the metro, and easy access to major highways, making commuting hassle-free.

Highly Convenient

5. Amenities And Facilities

Residents have access to a range of high-quality amenities such as a swimming pool, gym, spa, and communal lounges, enhancing the overall living experience.

Richly Equipped

6. Cost Of Living

While the cost of living can be considered high due to the luxury offerings, it is balanced by the extensive facilities and the prime location of the community.

Moderately High

7. Things To Do

The community features a wealth of shopping, dining, and entertainment options nearby, ensuring that there is always something to engage residents and visitors.

Vibrantly Diverse

8. Noise Levels

While it is located in a bustling area, the design of the building helps to minimize noise, creating a more tranquil living experience.

Generally Peaceful

9. Pet Friendliness

The community is known for being pet-friendly, featuring parks and designated spaces for pets, which is appealing for pet owners.

Warmly Accommodating

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Key Information

Developer:  DAMAC Properties

Building Type: Residential

Building Age: 7 years(Date of completion: 2017)

Length: 445

Unit Types : Studio, 1, 2 and 3-bedroom apartments

Floors: 44

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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