2-bed · 1,668 sqftBLVD Heights 1, Downtown Dubai · 47th floor · completed 2020

4702, BLVD Heights 1

Sold prices and rental history: sold twice, last in November 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4702 · DLD and Ejari recordsUpdated 6 November 2024
Last soldAED 3.75M6 November 2024
Current rentAED 230K /yr12 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4702, BLVD Heights 1

What is 4702 worth today?

Last sold for AED 3,750,000 in 2024

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6 Nov 2024SoldReady
AED 3,750,000AED 2,248 per sqft
12 Apr 2024RentedRenewal
AED 230,000/yr6 months · AED 138 per sqft
12 Apr 2023RentedNew contract
AED 230,000/yr12 months · AED 138 per sqft
7 Feb 2019Sold by developerOff-plan
AED 3,255,888AED 1,990 per sqft

Source: Dubai Land Department. Updated 6 November 2024.

Key facts

Type
2-bed apartment
Size
1,668 sqft
Floor
47th of 50
Parking
B1-58
Developer
Emaar
Completed
2020
Service charge
AED 34,100 /yr
Last sold
AED 3.75M · November 2024

About 4702, BLVD Heights 1

4702 is a two-bedroom apartment of 1,668 sqft on the 47th floor of BLVD Heights 1, a 50-storey tower in Downtown Dubai completed in 2020 by Emaar. It last sold on 6 November 2024 for AED 3,750,000, or AED 2,248 per sqft, in line with the AED 2,259 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 12 April 2024, is AED 230,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 34,100 a year.

Sales and rents for 4702 over time

Sales
Unit 4702, each saleTypical two-bed in BLVD Heights 1
3M4M2014201820222026Typical sale price by year: 2014 AED 3,104,388; 2015 AED 3,112,388; 2017 AED 2,700,000; 2018 AED 2,763,599; 2019 AED 3,199,888; 2020 AED 3,366,388; 2021 AED 3,375,990; 2022 AED 2,937,500; 2023 AED 3,295,968; 2024 AED 3,725,000; 2025 AED 3,900,000; 2026 AED 3,925,000Sold by developer, February 2019: AED 3,255,888 (AED 1,990 per sqft)Sold, November 2024: AED 3,750,000 (AED 2,248 per sqft)

4702 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4702, each contractTypical two-bed in BLVD Heights 1
100K200K2020202220242026Typical rent by year: 2020 AED 115,000; 2021 AED 125,000; 2022 AED 140,000; 2023 AED 185,000; 2024 AED 196,250; 2025 AED 210,000; 2026 AED 210,000New contract, April 2023: AED 230,000 a yearRenewal, April 2024: AED 230,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in BLVD Heights 1, and where 4702 sits

All 153 2-beds →

4702 last sold in November 2024 at AED 2,248 per sqft, in line with what two-beds in BLVD Heights 1 were fetching at the time (AED 2,259). Over the last 12 months two-beds sold for AED 3,200,000 to 4,850,000, around AED 2,305 per sqft, and rent for AED 50,000 to 325,000 a year. 4702's AED 230,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20264,000,000
1 Oct 20263,335,500
29 Sep 20264,550,000
18 Sep 20263,200,000
11 2-bed sales in the last 12 months

BLVD Heights 1

Building

279 apartments, 1-bed to 4-bed over 50 floors in Downtown Dubai, completed in 2020 by Emaar. 23 sold in the last 12 months.

Typical price per sqft
AED 2,604 Up 7.9%
Typical sale
AED 3.75M
Typical rent
AED 200K /yr
Typical yield
5.0%
BLVD Heights 1, Downtown Dubai: prices, sales and rents →

Other units on the 47th floor

All 279 units in BLVD Heights 1
Value
47012-bedAED 4.38M · Nov 2024
47034-bedAED 10.21M · Apr 2021

4702, BLVD Heights 1 in numbers

  • Sold twice: first on 7 February 2019 for AED 3,255,888, last on 6 November 2024 for AED 3,750,000 (AED 2,248 per sqft).
  • Rented since April 2023 on 2 Ejari contracts, at AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 34,100 a year (AED 20.43 per sqft).
  • Two-beds in BLVD Heights 1 sold for AED 3,200,000–4,850,000 in the 12 months to November 2026; the building's median across all types is AED 2,604 per sqft.

Source: Dubai Land Department. Updated 6 November 2024.

Questions about 4702, BLVD Heights 1

What did unit 4702 last sell for?

AED 3,750,000 on 6 November 2024: AED 2,248 per sqft for 1,668 sqft. The unit has 2 registered sales; the first was AED 3,255,888 in February 2019.

What is the rent for unit 4702?

AED 230,000 a year on the contract renewed on 12 April 2024. The previous contract, from April 2023, was AED 230,000.

How big is unit 4702?

1,668 sqft (155.0 sqm): a two-bedroom apartment on the 47th floor of a 50-storey tower completed in 2020.

What is unit 4702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in BLVD Heights 1 sold for AED 3,200,000 to 4,850,000 in the last 12 months, around AED 2,305 per sqft.

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Mortgage on 4702, BLVD Heights 1

Starts from the last sale price (AED 3.75M, 6 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,750,000
Deposit, UAE resident (20%)
AED 750,000
Deposit, non-resident (40%)
AED 1,500,000
Monthly over 25 years at 3.7%
AED 15,342

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →