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2-bed · 1,660 sqftBLVD Heights 2, Downtown Dubai · 12th floor · completed 2020

1202, BLVD Heights 2

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

Unit 1202 · DLD and Ejari recordsUpdated 30 August 2023
Last soldAED 3.2M30 August 2023
Current rentAED 125K /yr29 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1202, BLVD Heights 2

What is 1202 worth today?

Last sold for AED 3,200,000 in 2023

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30 Aug 2023SoldReady
AED 3,200,000AED 1,927 per sqft
29 Jun 2022RentedRenewal
AED 125,000/yr3 months · AED 75 per sqft
29 Jun 2021RentedNew contract
AED 125,000/yr12 months · AED 75 per sqft
23 Aug 2015Sold by developerOff-plan
AED 2,911,888AED 1,827 per sqft

Source: Dubai Land Department. Updated 30 August 2023.

Key facts

Type
2-bed apartment
Size
1,660 sqft
Floor
12th of 43
Parking
B3-16
Developer
Emaar
Completed
2020
Service charge
AED 33,900 /yr
Last sold
AED 3.2M · August 2023
Building
BLVD Heights 2

About 1202, BLVD Heights 2

1202 is a two-bedroom apartment of 1,660 sqft on the 12th floor of BLVD Heights 2, a 43-storey tower in Downtown Dubai completed in 2020 by Emaar. It last sold on 30 August 2023 for AED 3,200,000, or AED 1,927 per sqft, 5% above the AED 1,839 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 29 June 2022, is AED 125,000 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 33,900 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical two-bed in BLVD Heights 2
3M3.5M20152018202120242027Typical sale price by year: 2015 AED 2,972,888; 2016 AED 2,957,388; 2017 AED 2,922,388; 2019 AED 2,965,388; 2020 AED 3,268,388; 2021 AED 2,800,000; 2022 AED 3,020,000; 2023 AED 3,110,000; 2024 AED 3,511,433; 2025 AED 3,750,000; 2026 AED 3,750,000Sold by developer, August 2015: AED 2,911,888 (AED 1,827 per sqft)Sold, August 2023: AED 3,200,000 (AED 1,927 per sqft)

1202 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1202, each contractTypical two-bed in BLVD Heights 2
150K200K2021202320252027Typical rent by year: 2021 AED 122,000; 2022 AED 135,000; 2023 AED 175,000; 2024 AED 195,000; 2025 AED 200,010; 2026 AED 200,000New contract, June 2021: AED 125,000 a yearRenewal, June 2022: AED 125,000 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 2, and where 1202 sits

All 128 2-beds →

1202 last sold in August 2023 at AED 1,927 per sqft, 5% above what two-beds in BLVD Heights 2 were fetching at the time (AED 1,839). Over the last 12 months two-beds sold for AED 3,750,000 to 4,000,000, around AED 2,418 per sqft, and rent for AED 75,000 to 340,000 a year. 1202's AED 125,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 May 20264,000,000
4 Mar 20263,750,000
20 Feb 20263,750,000
18 Dec 20253,800,000
4 2-bed sales in the last 12 months

BLVD Heights 2

Building

240 apartments, 1-bed to 4-bed over 43 floors in Downtown Dubai, completed in 2020 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,396
Typical sale
AED 3.75M
Typical rent
AED 190K /yr
Typical yield
5.3%
BLVD Heights 2, Downtown Dubai: prices, sales and rents →

Other units on the 12th floor

All 240 units in BLVD Heights 2
Value
12012-bedAED 3.57M · Mar 2015
12031-bedAED 1.71M · May 2015
12041-bedAED 1.83M · Mar 2015
12052-bedAED 3.35M · May 2024
12062-bedAED 3.69M · May 2015
12072-bedAED 3.13M · Mar 2015

1202, BLVD Heights 2 in numbers

  • Sold twice: first on 23 August 2015 for AED 2,911,888, last on 30 August 2023 for AED 3,200,000 (AED 1,927 per sqft).
  • Rented since June 2021 on 2 Ejari contracts, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2023 price is 3.9%, before a service charge of about AED 33,900 a year (AED 20.43 per sqft).
  • Two-beds in BLVD Heights 2 sold for AED 3,750,000–4,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,396 per sqft.

Source: Dubai Land Department. Updated 30 August 2023.

Questions about 1202, BLVD Heights 2

What did unit 1202 last sell for?

AED 3,200,000 on 30 August 2023: AED 1,927 per sqft for 1,660 sqft. The unit has 2 registered sales; the first was AED 2,911,888 in August 2015.

What is the rent for unit 1202?

AED 125,000 a year on the contract renewed on 29 June 2022. The previous contract, from June 2021, was AED 125,000.

How big is unit 1202?

1,660 sqft (154.2 sqm): a two-bedroom apartment on the 12th floor of a 43-storey tower completed in 2020.

What is unit 1202 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 2 sold for AED 3,750,000 to 4,000,000 in the last 12 months, around AED 2,418 per sqft.

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Mortgage on 1202, BLVD Heights 2

Starts from the last sale price (AED 3.2M, 30 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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