The Crestmark

P3 — Under Development Off-Plan Primary
Developer Ellington Properties Development L.L.C
Community Business Bay
Property type Apartment
Data updated Jan 23, 2026

The Crestmark is a Under Development development by Ellington Properties Development L.L.C in Business Bay. 175 units across 2 Bedroom (44%), 1 Bedroom (34%), 3 Bedroom (13%). Over the trailing 12 months, 181 sales at a median of AED 2,954,828.

Key Metrics
Median Price
Value
AED 2,954,828
Change
3.9% YoY
Transactions
Value
181
Change
46 in period
Price / sqft
Value
AED 2,701
Handover Status
Value
P3
Change
Under Development
Median Price
AED 2,954,828
↓ 3.9% YoY
Transactions
181
↑ 46 in period
Price / sqft
AED 2,701
Handover
P3
Under Development
Investment Analytics
Capital Return
Value
2.8%
Community avg
Holding Period
Value
4.7 yrs
Community avg
Ready Market Mix
Value
6.3%
Community avg
Capital Return
2.8%
Community avg
Holding Period
4.7 yrs
Community avg
Ready Market Mix
6.3%
Community avg

Rental Performance

Unit Mix

By bedroom type
Studio 15 units · 9%
1 Bedroom 60 units · 34%
2 Bedroom 77 units · 44%
3 Bedroom 23 units · 13%

Transaction Breakdown

All time — 181 transactions
Off-Plan Primary
175
Off-Plan Secondary
6

Price History

Median Price — The Crestmark

Median prices in The Crestmark have declined significantly, down 20% to AED 2.3M over the past 9 months.

Recent Transactions

Showing last 10 of 181
Date Type Price (AED) Size (sqft) AED/sqft
Jan 23, 2026 OP Primary 1,290,828 496 2,598
Jan 23, 2026 OP Primary 2,319,828 1,021 2,270
Jan 23, 2026 OP Primary 3,044,828 1,239 2,457
Jan 23, 2026 OP Primary 3,296,828 1,374 2,398
Jan 23, 2026 OP Primary 1,933,828 747 2,588
Jan 23, 2026 OP Primary 2,011,828 774 2,596
Jan 23, 2026 OP Primary 2,363,828 1,049 2,251
Jan 23, 2026 OP Primary 2,216,828 995 2,227
Dec 05, 2025 OP Primary 2,981,828 1,021 2,919
Oct 29, 2025 OP Primary 2,899,828 1,021 2,838

This project is in Business Bay

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