About The Crestmark
The Crestmark is a residential tower by Ellington Properties, in Business Bay, Dubai. It rises 22 storeys (a ground floor, 3 podium levels and 18 floors), built as a concrete structure with internal and external finishes. The project comprises 191 homes.
Key information
Developer
Ellington Properties
- Expected handover
- TBC
- Status
- Under construction
- Location
- Business Bay, Dubai
- Master project
- Business Bay
- Construction started
- 2023
- Number of buildings
- 1
- Number of units
- 191
- Registered with DLD
- 08 Nov 2023
- Escrow bank
- Commercial Bank of Dubai
- Escrow account no.
- 1008083840
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2023
- Under construction61% complete
- Expected handoverTBC
Construction progress
44 inspection photos from the Dubai Land Department. Latest 07 Aug 2026 at 61% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
5 Elevators
22 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
191
Median price
AED 3.0M
Median price / sqft
AED 3K-6%
Off-plan share
100%
Priced 60% above than the Business Bay median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 16 | 499 sqft | AED 1.4M | AED 3K |
| 1 Bed | 68 | 920 sqft | AED 2.4M | AED 3K |
| 2 Bed | 81 | 1,250 sqft | AED 3.4M | AED 3K |
| 3 Bed | 25 | 1,821 sqft | AED 4.9M | AED 3K |
Price per sqft by year
-6% since 2024AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 28 Jul 2026 | Off-plan | 1,624 sqft | AED 4.4M | AED 3K |
| 30 Jun 2026 | Off-plan | 1,059 sqft | AED 2.4M | AED 2K |
| 08 Jun 2026 | Off-plan | 1,406 sqft | AED 4.0M | AED 3K |
| 15 May 2026 | Off-plan | 747 sqft | AED 2.3M | AED 3K |
| 28 Apr 2026 | Off-plan | 995 sqft | AED 2.6M | AED 3K |
| 28 Apr 2026 | Off-plan | 1,006 sqft | AED 2.5M | AED 2K |
| 28 Apr 2026 | Off-plan | 1,021 sqft | AED 2.7M | AED 3K |
| 20 Apr 2026 | Off-plan | 1,058 sqft | AED 3.0M | AED 3K |
Unit mix
191 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 1 | - |
| Studio | 17 | 497 - 534 sqft |
| 1 B/R | 65 | 746 - 1,107 sqft |
| 2 B/R | 79 | 1,055 - 1,419 sqft |
| 3 B/R | 26 | 1,623 - 3,513 sqft |
| 4 B/R | 3 | 3,064 - 6,163 sqft |
Payment plan
Payment plans are set by Ellington Properties and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Business Bay, Dubai.
Business Bay
Dubai, United Arab Emirates
Frequently asked questions
The Crestmark has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 61% complete.
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