2-bed · 1,737 sqftBLVD Heights 2, Downtown Dubai · 15th floor · completed 2020

1501, BLVD Heights 2

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 21 May 2024
Last soldAED 3.57M21 May 2024
Current rentAED 191K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, BLVD Heights 2

What is 1501 worth today?

Last sold for AED 3,570,000 in 2024

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21 May 2024SoldReady
AED 3,570,000AED 2,054 per sqft
1 Mar 2024RentedRenewal
AED 190,701/yr10 months · AED 110 per sqft
1 Mar 2023RentedNew contract
AED 190,000/yr12 months · AED 110 per sqft
22 Feb 2022RentedRenewal
AED 125,000/yr12 months · AED 72 per sqft
22 Feb 2021RentedNew contract
AED 125,000/yr12 months · AED 72 per sqft
29 Jun 2020Sold by developerOff-plan
AED 3,848,888AED 2,300 per sqft

Source: Dubai Land Department. Updated 21 May 2024.

Key facts

Type
2-bed apartment
Size
1,737 sqft
Floor
15th of 43
Parking
B2-6
Developer
Emaar
Completed
2020
Service charge
AED 35,500 /yr
Last sold
AED 3.57M · May 2024

About 1501, BLVD Heights 2

1501 is a two-bedroom apartment of 1,737 sqft on the 15th floor of BLVD Heights 2, a 43-storey tower in Downtown Dubai completed in 2020 by Emaar. It last sold on 21 May 2024 for AED 3,570,000, or AED 2,054 per sqft, in line with the AED 1,996 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 190,701 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 35,500 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical two-bed in BLVD Heights 2
3M3.5M4M20152018202120242027Typical 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, June 2020: AED 3,848,888 (AED 2,300 per sqft)Sold, May 2024: AED 3,570,000 (AED 2,054 per sqft)

1501 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1501, 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, February 2021: AED 125,000 a yearRenewal, February 2022: AED 125,000 a yearNew contract, March 2023: AED 190,000 a yearRenewal, March 2024: AED 190,701 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 1501 sits

All 128 2-beds →

1501 last sold in May 2024 at AED 2,054 per sqft, in line with what two-beds in BLVD Heights 2 were fetching at the time (AED 1,996). 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. 1501's AED 190,701 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 15th floor

All 240 units in BLVD Heights 2
Value
15022-bedAED 3.8M · Sep 2025
15031-bedAED 1.72M · Mar 2015
15041-bedAED 1.84M · Mar 2015
15052-bedAED 3.15M · Dec 2022
15062-bedAED 2.65M · Jun 2021
15072-bedAED 3.14M · Mar 2015

1501, BLVD Heights 2 in numbers

  • Sold twice: first on 29 June 2020 for AED 3,848,888, last on 21 May 2024 for AED 3,570,000 (AED 2,054 per sqft).
  • Rented since February 2021 on 4 Ejari contracts, from AED 125,000 to AED 190,701 a year.
  • At AED 190,701 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 35,500 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 21 May 2024.

Questions about 1501, BLVD Heights 2

What did unit 1501 last sell for?

AED 3,570,000 on 21 May 2024: AED 2,054 per sqft for 1,737 sqft. The unit has 2 registered sales; the first was AED 3,848,888 in June 2020.

What is the rent for unit 1501?

AED 190,701 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 190,000; the unit has been rented since February 2021.

How big is unit 1501?

1,737 sqft (161.4 sqm): a two-bedroom apartment on the 15th floor of a 43-storey tower completed in 2020.

What is unit 1501 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 1501, BLVD Heights 2

Starts from the last sale price (AED 3.57M, 21 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,570,000
Deposit, UAE resident (20%)
AED 714,000
Deposit, non-resident (40%)
AED 1,428,000
Monthly over 25 years at 3.7%
AED 14,606

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