1-bed · 920 sqftBLVD Heights 1, Downtown Dubai · 6th floor · completed 2020

603, BLVD Heights 1

Sold prices and rental history: sold once, by the developer in January 2015, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 2 February 2022
Last soldAED 1.69M6 January 2015
Current rentAED 80K /yr2 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, BLVD Heights 1

What is 603 worth today?

Last sold for AED 1,687,888 in 2015

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2 Feb 2022RentedNew contract
AED 80,000/yr12 months · AED 87 per sqft
2 Feb 2021RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
6 Jan 2015Sold by developerOff-plan
AED 1,687,888AED 1,835 per sqft

Source: Dubai Land Department. Updated 2 February 2022.

Key facts

Type
1-bed apartment
Size
920 sqft
Floor
6th of 50
Parking
B2-130
Developer
Emaar
Completed
2020
Service charge
AED 18,800 /yr
Last sold
AED 1.69M · January 2015

About 603, BLVD Heights 1

603 is a one-bedroom apartment of 920 sqft on the 6th floor of BLVD Heights 1, a 50-storey tower in Downtown Dubai completed in 2020 by Emaar. The developer sold it on 6 January 2015 for AED 1,687,888, or AED 1,835 per sqft, 7% below the AED 1,979 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 2 February 2022, is AED 80,000 a year: a gross yield of 4.7% on the 2015 price, before the service charge of about AED 18,800 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical one-bed in BLVD Heights 1
1.5M2M2.5M2014201820222026Typical sale price by year: 2014 AED 1,811,888; 2015 AED 1,755,888; 2016 AED 1,812,888; 2018 AED 1,786,888; 2019 AED 1,785,888; 2020 AED 1,872,888; 2021 AED 1,580,000; 2022 AED 1,830,000; 2023 AED 1,950,000; 2024 AED 2,300,000; 2025 AED 2,450,000; 2026 AED 2,360,000Sold by developer, January 2015: AED 1,687,888 (AED 1,835 per sqft)

603 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 603, each contractTypical one-bed in BLVD Heights 1
100K2021202320252027Typical rent by year: 2021 AED 80,000; 2022 AED 90,000; 2023 AED 112,500; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 122,500New contract, February 2021: AED 70,000 a yearNew contract, February 2022: AED 80,000 a year

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

1-beds in BLVD Heights 1, and where 603 sits

All 80 1-beds →

603 last sold in January 2015 at AED 1,835 per sqft, 7% below what one-beds in BLVD Heights 1 were fetching at the time (AED 1,979). Over the last 12 months one-beds sold for AED 2,200,000 to 2,940,000, around AED 2,619 per sqft, and rent for AED 87,626 to 190,000 a year. 603's AED 80,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Sep 20262,450,000
21 Sep 20262,300,000
12 Aug 20262,420,000
18 Jun 20262,200,000
8 1-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 6th floor

All 279 units in BLVD Heights 1
Value
6012-bedAED 3.95M · Oct 2024
6022-bedAED 3.58M · Dec 2024
6041-bedAED 2.02M · Apr 2024
6052-bedAED 3.45M · Nov 2024
6062-bedAED 3.85M · May 2024
6072-bedAED 2.93M · Sep 2022

603, BLVD Heights 1 in numbers

  • Sold once: by Emaar on 6 January 2015 for AED 1,687,888, or AED 1,835 per sqft.
  • Rented since February 2021 on 2 Ejari contracts, from AED 70,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2015 price is 4.7%, before a service charge of about AED 18,800 a year (AED 20.43 per sqft).
  • One-beds in BLVD Heights 1 sold for AED 2,200,000–2,940,000 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 2 February 2022.

Questions about 603, BLVD Heights 1

What did unit 603 last sell for?

AED 1,687,888 on 6 January 2015, sold by the developer: AED 1,835 per sqft for 920 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 80,000 a year on the contract signed on 2 February 2022. The previous contract, from February 2021, was AED 70,000.

How big is unit 603?

920 sqft (85.5 sqm): a one-bedroom apartment on the 6th floor of a 50-storey tower completed in 2020.

What is unit 603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in BLVD Heights 1 sold for AED 2,200,000 to 2,940,000 in the last 12 months, around AED 2,619 per sqft.

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Mortgage on 603, BLVD Heights 1

Starts from the last sale price (AED 1.69M, 6 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,687,888
Deposit, UAE resident (20%)
AED 337,578
Deposit, non-resident (40%)
AED 675,155
Monthly over 25 years at 3.7%
AED 6,906

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