2-bed · 1,405 sqftBLVD Heights 1, Downtown Dubai · 7th floor · completed 2020

707, BLVD Heights 1

Sold prices and rental history: sold once, by the developer in December 2014, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 16 August 2023
Last soldAED 3.1M3 December 2014
Current rentAED 175K /yr16 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, BLVD Heights 1

What is 707 worth today?

Last sold for AED 3,101,888 in 2014

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16 Aug 2023RentedRenewal
AED 175,000/yr12 months · AED 125 per sqft
16 Aug 2022RentedNew contract
AED 175,000/yr12 months · AED 125 per sqft
18 May 2021RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
3 Dec 2014Sold by developerOff-plan
AED 3,101,888AED 2,208 per sqft

Source: Dubai Land Department. Updated 16 August 2023.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
7th of 50
Parking
B1-105
Developer
Emaar
Completed
2020
Service charge
AED 28,700 /yr
Last sold
AED 3.1M · December 2014

About 707, BLVD Heights 1

707 is a two-bedroom apartment of 1,405 sqft on the 7th floor of BLVD Heights 1, a 50-storey tower in Downtown Dubai completed in 2020 by Emaar. The developer sold it on 3 December 2014 for AED 3,101,888, or AED 2,208 per sqft, 17% above the AED 1,880 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 16 August 2023, is AED 175,000 a year: a gross yield of 5.6% on the 2014 price, before the service charge of about AED 28,700 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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, December 2014: AED 3,101,888 (AED 2,208 per sqft)

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

Rents
Unit 707, 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, May 2021: AED 120,000 a yearNew contract, August 2022: AED 175,000 a yearRenewal, August 2023: AED 175,000 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 707 sits

All 153 2-beds →

707 last sold in December 2014 at AED 2,208 per sqft, 17% above what two-beds in BLVD Heights 1 were fetching at the time (AED 1,880). 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. 707's AED 175,000 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 7th floor

All 279 units in BLVD Heights 1
Value
7012-bedAED 4.3M · Dec 2024
7022-bedAED 3.02M · Feb 2015
7031-bedAED 1.69M · Dec 2014
7041-bedAED 1.81M · Dec 2014
7052-bedAED 2.93M · Feb 2015
7062-bedAED 3.6M · Apr 2015

707, BLVD Heights 1 in numbers

  • Sold once: by Emaar on 3 December 2014 for AED 3,101,888, or AED 2,208 per sqft.
  • Rented since May 2021 on 3 Ejari contracts, from AED 120,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2014 price is 5.6%, before a service charge of about AED 28,700 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 16 August 2023.

Questions about 707, BLVD Heights 1

What did unit 707 last sell for?

AED 3,101,888 on 3 December 2014, sold by the developer: AED 2,208 per sqft for 1,405 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 175,000 a year on the contract renewed on 16 August 2023. The previous contract, from August 2022, was AED 175,000; the unit has been rented since May 2021.

How big is unit 707?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 7th floor of a 50-storey tower completed in 2020.

What is unit 707 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 707, BLVD Heights 1

Starts from the last sale price (AED 3.1M, 3 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,101,888
Deposit, UAE resident (20%)
AED 620,378
Deposit, non-resident (40%)
AED 1,240,755
Monthly over 25 years at 3.7%
AED 12,691

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