Under constructionApartment, Penthouse

Business Bay · Dubai

The Crestmark

by Ellington Properties

© Ellington Properties
69of 100
Fromper propertyfinder.ae, 30 Sep 2026
AED 1.54M≈ $418K
Sold fromDLD, 12 months
AED 1.99M
Buyers paid vs DLD median
+3%
Price, payment plan and homes ↓
DLD sales register · 2 Oct 2026See the 23 registered sales at The Crestmark: date, size and price paid. Plus all 8 factor scores and the score history. Free.Unlock free →

Price, payment plan and homes

Price per propertyfinder.ae, 30 Sep 2026
Starting price
AED 1.54M
≈ $418K
Bedrooms
Studio to 4 bed
493 – 6,104 sqft · 191 units
Payment plan
20/50/30
AED 307K to book
Handover
Was due Q1 2026
25% built per the DLD

DLD registered sales

Sold from
AED 1.99M
· 18 sales, 12 months

Homes and floor plans

191 homes · Freehold

Paid: middle half of each type's off-plan sales, Dec 2025–Jun 2026 · DLD

Payment plan

On AED 1.54M
  1. 20% at bookingAED 307K
  2. 50% during construction, until handover (was due Q1 2026)AED 768K
  3. 30% on handover (was due Q1 2026)AED 461K

Before the keys: AED 1.08M, 70% of the price.

20% Down Payment (On Booking Date); 50% During Construction (1st to 8th Installment); 30% On Handover (100% Completion)

Open in the map

Location · Business Bay · Dubai

Mixed-use towers along the Dubai Canal, immediately south of Downtown.

Forecast

What it could be worth

The in-depth review

Why it scores 69

Price per sqft vs registered sales

Dubai Land Department open data · this project as of 2 Oct 2026, the area 4 Oct 2026

+3% above what buyers paid nearby

Buyers paid hereAED 2,599/sqft

23 off-plan sales, last 12 months

Business Bay median · apartmentsAED 2,529/sqft

Off-plan sales, last 6 months, 806 registered sales in the area

Asking now (est.)AED 3,115/sqft

Our estimate from the listed prices and unit sizes

See each of the 23 sales: date, size, price

Off-plan sales pace

1.5 a month

9 off-plan sales, last 6 months

How this is measured

Buyers paid a median of AED 2,599/sqft in this project (off-plan sales, last 12 months, 23 registered sales, as of 2 Oct 2026) against the DLD median of AED 2,529/sqft for apartments in Business Bay, as of 4 Oct 2026. DLD registers every sale in Dubai, and names the project on each. Both figures are sales of homes that were not built yet: this project's against its area's. Asking from AED 3,115/sqft (est.). Source: Dubai Land Department open data.

How the 69 was scored

8 of 8 factors · 100% of the weight · 1 Nov 2026
Confidence: medium
How each factor was measured

Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.

Price against what buyers actually paid
23 registered off-plan sales here, against the median of 806 off-plan sales in Business Bay · DLD
Developer track record
Our rating, 15 delivered projects, how its 9 finished buildings resell and who stands behind it
Payment plan
20% down · 50% during construction · 30% on handover
Location and infrastructure
Our rating of Business Bay, and 5 kinds of places measured from the pin · OpenStreetMap
How big the resale market is
1,714 resales of finished apartments in Business Bay this year · DLD
Construction on schedule
25% built on the DLD register, handover Q1 2026
How much is still being built nearby
3,576 homes sold in Business Bay this year, 52% off-plan · DLD
The basics on file
Registration or escrow number on file · DLD

Confidence medium: what buyers paid here is a median of 23 registered sales, against 806 in the area; 23 is a small sample for one project.

80 → 69 4 Oct 2026, construction factorScored since 13 Sep 2026 · 7 score changes

The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.

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The full breakdown behind the 69

Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,626 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.

  • The 23 registered sales here: date, size and price paid
  • All 8 factor scores, with the figure and source behind each
  • Score history since 13 Sep 2026 and why each move happened
  • Rent, a mortgage and fees in the forecast, year by year

See what buyers paid at The Crestmark, and everything behind the 69.

+971

Never sold or passed to agents or developers.

I am
Projects scored
1,626
projects scored
Factors
8
factors, formula public
Registers
ADREC · DLD
registered sales, not asking prices

Handover date

Was due Q1 2026

Still listed as on sale · 24.62% built, the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026

What this means

Ellington Properties: 15 projects delivered in the last ten years, delay not measured, none cancelled.

The Crestmark was due to hand over in Q1 2026 and is still listed as under construction. Construction is 24.62% complete according to the DLD's projects file (data.dubai, loaded 2026-06-15) (15 Jun 2026). Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.

DLD registration status

Verified 30 Sep 2026
  • Project registration2832
  • Escrow accountNot published yet
  • Developer licenceNot published yet
Where the figures come from

Check it on dubailand.gov.ae. How to read the DLD register.

Figures from tanamiproperties.com, propertyfinder.ae, read 30 Sep 2026, last verified 30 Sep 2026. Construction figure from the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026. Launch date from the DLD's projects file (data.dubai, loaded 2026-06-15).

Before you pay: four things to check

  1. 1The escrow accountWe hold no escrow account number. Ask the developer for it, and check it on dubailand.gov.ae before paying.
  2. 2The handover dateIt was due Q1 2026 and is still listed as under construction. Ask for the new date in the sales agreement.
  3. 3Today's price listAED 1,535,828 is a starting price from propertyfinder.ae, 30 Sep 2026. Ask for the unit's own price.
  4. 4The instalment dates20% at booking, 50% during construction, 30% at handover. Ask for each payment's date and amount.

About

The Crestmark is Ellington's apartment tower in Business Bay, Dubai, with studios to three-bedroom apartments from about 493 to 3,080 sq ft and three and four-bedroom penthouses from about 2,742 to 6,104 sq ft.

Developer
Ellington Properties
Area
Business Bay
Status
Under construction
Sales launch
26 Sep 2023
Total units
191
Ownership
Freehold

Amenities

  • Arcade Room
  • BBQ Areas
  • Cabanas
  • Fitness Centre
  • Functional Training Zone
  • Games Table
  • Infinity Pool
  • Kids Play Area
  • Kids Pool
  • Leisure Pool
  • Lounge Pool
  • Mini Bowling Alley
  • Outdoor Yoga
  • Secret Club Room
  • Skee Ball Area
  • Tv Game Room
  • Zen Room

What’s nearby

straight-line distance
  • Supermarket or mall270 m
  • Metro or tram stop810 m
  • Hospital or clinic850 m
  • Beach1.7 km
  • School2.2 km

The nearest of each on OpenStreetMap, Sep 2026.

Rental yield nearby

gross, apartments

6.4% in Business Bay. A median rent of AED 113 per sqft a year on 7,717 new tenancy contracts, last 6 months, against AED 1,775 per sqft paid across 1,027 finished sales, last 6 months.

Before service charges, fees and empty periods; our arithmetic on Dubai Land Department open data figures, Oct 2026. The working

The Crestmark: questions buyers ask

How much does The Crestmark cost?

Prices at The Crestmark start from AED 1,535,828 (about $418K) for studios, 1-bedroom, 2-bedroom, 3-bedroom and 4-bedroom homes, per propertyfinder.ae on 30 Sep 2026.

What is the price per sqft at The Crestmark?

Buyers paid a median of AED 2,599 per sqft at The Crestmark (off-plan sales, last 12 months, 23 registered sales).

When is The Crestmark handover date?

The Crestmark was due to hand over in Q1 2026 and is still listed as under construction, 24.62% built according to the DLD's projects file (data.dubai, loaded 2026-06-15).

What is The Crestmark payment plan?

The Crestmark is offered on a 20/50/30 plan: 20% on booking, 50% during construction and 30% at handover.

Is The Crestmark priced above or below what buyers paid nearby?

Buyers paid a median of AED 2,599 per sqft in The Crestmark (off-plan sales, last 12 months, 23 registered sales), which is 3% above the median of AED 2,529 per sqft that buyers actually paid for apartments in Business Bay, across 806 sales registered with DLD.

What is the Rendr Score of The Crestmark?

The Crestmark scores 69 of 100 on the Rendr Score, good, as of 1 Nov 2026; 8 of its 8 factors are assessed, 100% of the weight.

What rental yield do apartments in Business Bay make?

About 6.4% gross for apartments in Business Bay, worked out from DLD's own figures: new tenancy contracts, last 6 months, against finished sales, last 6 months, before service charges and fees.

Who is the developer of The Crestmark?

The Crestmark is being developed by Ellington Properties. It sits in Business Bay, Dubai.

Is The Crestmark registered with DLD?

The Crestmark is registered with the Dubai Land Department (DLD) under number 2832. Check it at dubailand.gov.ae before you pay.

Changes

Listed 13 Sep 2026 · 2 changes, 1 correction since, last 4 Oct 2026
  1. Construction 24.62% complete

    Source: the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026

  2. Sales launch date set to 26 Sep 2023

    Source: the DLD's projects file (data.dubai, loaded 2026-06-15)

  3. Starting price corrected to AED 1.54M (was listed as AED 1.5M)

    Source: propertyfinder.ae

  4. Listed on the site

    Source: tanamiproperties.com, saved 13 Sep 2026

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