New homes in The Crestmark start at AED 2,110,000; the keys were due Mar 2026; you pay 20% to book, 50% while it is built and 30% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 487 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Business Bay. Their median price is AED 2,642 per sq ft (about AED 1,302,000 at 493 sq ft). This project's from price is AED 4,280 per sq ft (AED 2,110,000 for its smallest home, 493 sq ft), 62% more.
Keys
Mar 2026
The developer's handover date. It has passed and may be out of date, so check the current one with the developer.
Payment plan
20 / 50 / 30
20% to book, 50% while it is built, 30% at the keys
Bedrooms
Studio to 4 beds
Sizes
493 to 6,104 sq ft
Ownership
Freehold
Property types
Apartment, Villa, and Penthouse
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 4,280 per sq ft
Similar off-plan homes: AED 2,642 per sq ft
RERA project
2832
Check it in Dubai REST, the Dubai Land Department's official app.
Built
61%
Being built. DLD register, Nov 11, 2026
Escrow account
بنك دبي التجاري (ش.م.ع)
The bank that holds your payments
Registered homes
191
In 1 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 20% when you book, 50% as the building goes up, and 30% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
When you bookBooking · 20%
Booking
20%
AED 422,000+ AED 84,400 DLD fee
AED 506,400
As it is builtWhile it is built · 50%
While it is built
50%
AED 1,055,000
AED 1,561,400
At the keys (Mar 2026)Keys · 30%
Keys
30%
AED 633,000
AED 2,194,400
Booking payment, 20%
AED 422,000
Dubai Land Department fee (Oqood), 4%
AED 84,400
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 506,400
Total costPrice plus the DLD fee
AED 2,194,400
The handover date (Mar 2026) is too close or already past to estimate the dates. Ask the developer for its current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Check the developer's record.
The Dubai Land Department project register lists 15 finished projects by this developer since 2017. 14 of the 15 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late. We have recorded the completion dates of their 14 projects under way since Jun 12, 2026. None has moved since then.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 487 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Business Bay, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in THE CRESTMARK sold in 24 months, so we compare with off-plan sales across Business Bay.
Dubai Land Department recorded 487 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Business Bay, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 2,642 per sq ft
AED 1,678 to AED 2,028 per sq ft
18 sales
AED 2,028 to AED 2,378 per sq ft
71 sales
AED 2,378 to AED 2,727 per sq ft
191 sales
AED 2,727 to AED 3,077 per sq ft
82 sales
AED 3,077 to AED 3,427 per sq ft
46 sales
AED 3,427 to AED 3,777 per sq ft
65 sales
AED 3,777 to AED 4,127 per sq ft
8 sales
AED 4,127 to AED 4,477 per sq ft
6 sales
This project's from price is in this band.
AED 1,678 per sq ftAED 4,477 per sq ft
This project AED 4,280 per sq ft
Half of the sales sold for AED 2,457 to AED 3,119 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,678 to AED 2,028 per sq ft
18
AED 2,028 to AED 2,378 per sq ft
71
AED 2,378 to AED 2,727 per sq ft
191
AED 2,727 to AED 3,077 per sq ft
82
AED 3,077 to AED 3,427 per sq ft
46
AED 3,427 to AED 3,777 per sq ft
65
AED 3,777 to AED 4,127 per sq ft
8
AED 4,127 to AED 4,477 per sq ft
6
The 3 closest sales
Picked from the 487 similar sales above, closest in size to this project's smallest home.
May 2026AED 1,256,000AED 2,551 per sq ftPeninsula Four, 492 sq ft
Apr 2026AED 1,470,000AED 2,985 per sq ftPeninsula Four, 492 sq ft
Feb 2026AED 1,480,000AED 3,005 per sq ftPeninsula Four, 492 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Business Bay in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 2,110,000 here
Off-plan medianAED 1,204,000AED 2,667 per sq ft
Sales868
62% above 487 similar sales
1-bed apartment
Off-plan medianAED 2,291,000AED 2,671 per sq ft
Sales1,749
2-bed apartment
Off-plan medianAED 3,570,000AED 2,691 per sq ft
Sales953
3-bed apartment
Off-plan medianAED 5,829,000AED 3,046 per sq ft
Sales219
4-bed apartment
Off-plan medianAED 12,289,000AED 3,094 per sq ft
Sales33
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
3.5%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
2.7%
Typical gross yield of similar ready homes
7.4%
Median rent of studio apartments in Business Bay
AED 73,000 a year
Service charge a year, from the keysThe area median, AED 30 per sq ft from 36 buildings, as of 2024, for the smallest home (493 sq ft)
AED 14,790
Rent contracts counted
2,745
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 73,000 a year
1-bed apartment
AED 98,000 a year
2-bed apartment
AED 140,000 a year
3-bed apartment
AED 200,000 a year
4-bed apartment
AED 327,500 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 73,000 ÷ AED 2,110,000 = 3.5%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Burj Khalifa/Dubai Mall Metro Station2.1 km, 7 min driveMetro station
Mandarin Oriental4.8 km, 9 min driveBeach
Business Bay creek front1.1 km, 4 min driveWaterfront
Hartland International School2.2 km, 10 min driveSchool
Dubai International School2.9 km, 8 min driveAmerican school
The Crestmark's listed handover of March 2026 has passed, so the date may be out of date; ask Ellington for the completion certificate and handover status. The Business Bay project has studios to four-bedroom homes from AED 2,110,000, and its from price per square foot is 62% above 487 similar studio sales in Business Bay in the 12 months to November 2026.
The Dubai Land Department lists 487 studio off-plan sales in Business Bay in the 12 months to November 2026. The from price per square foot at The Crestmark is 62% above their median. These are sales across the area, not in this building.
The listing's handover date is March 2026, eight months ago, so it may be out of date. The plan is 20% on booking, 50% during construction and 30% at handover: AED 422,000, AED 1,055,000 and AED 633,000 at the from price. The 4% Land Department fee adds AED 84,400.
The developer lists 189 homes, all with a home automation system: studios and one- to three-bedroom apartments, plus 3 penthouses with three or four bedrooms on the 21st floor. The listing also includes villas among the home types, so ask which types are on sale. Sizes run from 493 to 6,104 sq ft. The layouts list one or two balconies plus laundry and powder rooms.
A medical centre is about 330 m away and Downtown Dubai about 1.1 km, around 4 minutes by car. Burj Khalifa/Dubai Mall Metro Station is about 2.1 km away, around 7 minutes by car. Dubai International School is about 8 minutes by car and Hartland International School about 10 minutes.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
Studio
Studio
1 BR
Type A
Type B
2 BR
Type A
Type B
3 BR
4 BR
Penthouse
How prices moved
Median price of studio apartments in Business Bay, over the 12 months to each dateDown 6% from Dec 2024 to Sep 2026.
Dec 2024AED 2,832 per sq ft
Sep 2026AED 2,667 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 2,667 per sq ft
868 sales
Jun 2026
AED 2,706 per sq ft
2,699 sales
Mar 2026
AED 2,678 per sq ft
3,291 sales
Dec 2025
AED 2,658 per sq ft
3,689 sales
Sep 2025
AED 2,636 per sq ft
3,804 sales
Jun 2025
AED 2,601 per sq ft
2,413 sales
Mar 2025
AED 2,783 per sq ft
2,312 sales
Dec 2024
AED 2,832 per sq ft
2,018 sales
Off-plan sales only.
Questions about this project
Is the handover date still current?
The listed date is March 2026, which has passed, so it may be out of date. Ask Ellington for the completion certificate and the current handover status.
Where does the price sit against other Business Bay sales?
The from price per square foot is 62% above the median of 487 studio off-plan sales in Business Bay over the 12 months to November 2026.
How is the price split?
20% on booking, 50% during construction and 30% at handover: AED 422,000, AED 1,055,000 and AED 633,000 at the from price. Separately, the 4% Land Department fee comes to AED 84,400; ask when it is due.
Can foreigners buy here?
Yes. The project is listed as freehold, so foreign buyers can own outright.
What do the penthouses add?
The 3 penthouses, on the 21st floor, have three or four bedrooms and, depending on the plan, either an infinity plunge pool or a jet whirlpool outside, two kitchens and a staff room.
How far is the nearest metro?
Burj Khalifa/Dubai Mall Metro Station is about 2.1 km away around 7 minutes by car.
