Home
Dubai prices
About
Research
2-bed · 1,639 sqftBLVD Heights 1, Downtown Dubai · 5th floor · completed 2020

505, BLVD Heights 1

Sold prices and rental history: sold twice, last in August 2023, and rented once, from February 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 21 August 2023
Last soldAED 3.05M21 August 2023
Current rentAED 115K /yr15 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 505

Property timeline for 505, BLVD Heights 1

What is 505 worth today?

Last sold for AED 3,050,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Aug 2023SoldReady
AED 3,050,000AED 1,860 per sqft
15 Feb 2021RentedNew contract
AED 115,000/yr12 months · AED 70 per sqft
14 Feb 2015Sold by developerOff-plan
AED 2,919,888AED 1,781 per sqft

Source: Dubai Land Department. Updated 21 August 2023.

Key facts

Type
2-bed apartment
Size
1,639 sqft
Floor
5th of 50
Parking
B1-47
Developer
Emaar
Completed
2020
Service charge
AED 33,500 /yr
Last sold
AED 3.05M · August 2023
Building
BLVD Heights 1

About 505, BLVD Heights 1

505 is a two-bedroom apartment of 1,639 sqft on the 5th floor of BLVD Heights 1, a 50-storey tower in Downtown Dubai completed in 2020 by Emaar. It last sold on 21 August 2023 for AED 3,050,000, or AED 1,860 per sqft, 8% below the AED 2,019 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 February 2021. The current contract, signed on 15 February 2021, is AED 115,000 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 33,500 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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 2015: AED 2,919,888 (AED 1,781 per sqft)Sold, August 2023: AED 3,050,000 (AED 1,860 per sqft)

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

Rents
Unit 505, each contractTypical two-bed in BLVD Heights 1
100K150K200K2020202220242026Typical 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, February 2021: AED 115,000 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 505 sits

All 153 2-beds →

505 last sold in August 2023 at AED 1,860 per sqft, 8% below what two-beds in BLVD Heights 1 were fetching at the time (AED 2,019). 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. 505's AED 115,000 is in the lower 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 5th floor

All 279 units in BLVD Heights 1
Value
5012-bedAED 4.09M · Apr 2025
5022-bedAED 3.01M · Jun 2015
5031-bedAED 1.68M · Jul 2022
5041-bedAED 1.81M · Jan 2015
5062-bedAED 4.75M · Mar 2026
5072-bedAED 3.09M · Dec 2014

505, BLVD Heights 1 in numbers

  • Sold twice: first on 14 February 2015 for AED 2,919,888, last on 21 August 2023 for AED 3,050,000 (AED 1,860 per sqft).
  • Rented since February 2021 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 3.8%, before a service charge of about AED 33,500 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 21 August 2023.

Questions about 505, BLVD Heights 1

What did unit 505 last sell for?

AED 3,050,000 on 21 August 2023: AED 1,860 per sqft for 1,639 sqft. The unit has 2 registered sales; the first was AED 2,919,888 in February 2015.

What is the rent for unit 505?

AED 115,000 a year on the contract signed on 15 February 2021.

How big is unit 505?

1,639 sqft (152.3 sqm): a two-bedroom apartment on the 5th floor of a 50-storey tower completed in 2020.

What is unit 505 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.

Selling 505? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 505, BLVD Heights 1

Starts from the last sale price (AED 3.05M, 21 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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