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Project profile

The Crestmark Project · Business Bay · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: Ellington Properties Development

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Data to 5 November 2026

Registered sales
18
Last 12 months
Median off-plan price
AED 2,589
Per sq ft
Construction progress
61.2%
Under construction

Dubai Land Department lists the project as under construction, 61.2% complete. In the last 12 months, Dubai Land Department registered 18 sales in The Crestmark, worth AED 48.6M in total. The median off-plan price was 2,589 AED/sqft.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions. Asking prices are aggregates of property portal listings.

Abstract illustration, not an architectural rendering

A project, in progress.

Construction progress61.2%

Under construction

Start
26 September 2023
DLD end date
—
Units
191
Buildings
1

Launch and latest registrations.

Launch price
AED 2,716
First 90 days from Jan 2024, 42 home sales
Last 12 months
AED 2,589
18 home sales
Change
-3.8%
Same home types, AED/sqft

Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.

The Crestmark registered prices, over time.

Median registered price, AED per sq ft

Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month Off-plan (registered sales)
Jan 2024 — 4 sales
Feb 2024 2,716 AED/sqft 27 sales
Mar 2024 2,894 AED/sqft 10 sales
Apr 2024 — 1 sale
May 2024 2,593 AED/sqft 16 sales
Jun 2024 — 4 sales
Jul 2024 2,822 AED/sqft 11 sales
Aug 2024 2,724 AED/sqft 8 sales
Sep 2024 2,688 AED/sqft 10 sales
Oct 2024 2,840 AED/sqft 14 sales
Nov 2024 — 3 sales
Dec 2024 — 3 sales
Jan 2025 2,524 AED/sqft 19 sales
Feb 2025 — 4 sales
Mar 2025 — 1 sale
Apr 2025 — 1 sale
May 2025 2,618 AED/sqft 7 sales
Jun 2025 2,701 AED/sqft 14 sales
Jul 2025 — 2 sales
Aug 2025 — 3 sales
Sep 2025 2,887 AED/sqft 5 sales
Oct 2025 2,840 AED/sqft 5 sales
Nov 2025 —
Dec 2025 — 1 sale
Jan 2026 2,399 AED/sqft 8 sales
Feb 2026 —
Mar 2026 —
Apr 2026 2,633 AED/sqft 5 sales
May 2026 — 1 sale
Jun 2026 — 2 sales
Jul 2026 — 1 sale

What does each home type sell and rent for in The Crestmark?

  • Apartment · 1 bed

    Median price, all sales
    AED 2.3M
    AED/sqft
    2,568
    Sales
    10

  • Apartment · 2 beds

    Median price, all sales
    AED 3M
    AED/sqft
    2,457
    Sales
    6

Last 12 months. Prices are medians of at least 5 registered sales, ready and off-plan together.

Service charges.

In the area report.

The Business Bay area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Business Bay area report

Asking prices against sales

  • Property portal asking prices19.8%above registered sale pricesGap in 1 segment

Property portal asking prices are compared with registered sales per segment (same market, property type and bedrooms), only where there are at least 10 listings and 10 sales. No individual listing is shown.

The latest registered sales in The Crestmark.

  • 28 Jul 2026

    Apartment3 bedsOff-plan1,624 sqft

    AED 4,403,8282,712 AED/sqft

  • 30 Jun 2026

    Apartment2 bedsOff-plan1,059 sqft

    AED 2,420,0002,285 AED/sqft

  • 8 Jun 2026

    Apartment2 bedsOff-plan1,406 sqft

    AED 3,962,8282,819 AED/sqft

  • 15 May 2026

    Apartment1 bedOff-plan747 sqft

    AED 2,264,8283,032 AED/sqft

  • 28 Apr 2026

    Apartment1 bedOff-plan1,021 sqft

    AED 2,687,8282,633 AED/sqft

  • 28 Apr 2026

    Apartment1 bedOff-plan995 sqft

    AED 2,554,8282,568 AED/sqft

  • 28 Apr 2026

    Apartment1 bedOff-plan1,006 sqft

    AED 2,472,8282,458 AED/sqft

  • 20 Apr 2026

    Apartment2 bedsOff-plan1,058 sqft

    AED 3,045,8282,879 AED/sqft

  • 9 Apr 2026

    Apartment2 bedsOff-plan1,058 sqft

    AED 3,283,8283,104 AED/sqft

  • 23 Jan 2026

    Apartment2 bedsOff-plan1,374 sqft

    AED 3,296,8282,399 AED/sqft

Questions about The Crestmark

What is the price per sq ft in The Crestmark?

In the 12 months to 5 November 2026, the median registered off-plan sale price was 2,589 AED/sqft.

How many homes were sold in The Crestmark in the last 12 months?

In the last 12 months, Dubai Land Department registered 18 sales in The Crestmark, worth AED 48.6M in total. The median off-plan price was 2,589 AED/sqft. Registered sales to 5 November 2026.

When is The Crestmark due to be completed?

Dubai Land Department lists the project as under construction, 61.2% complete.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 5 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

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