2-bed · 1,593 sqftBLVD Heights 2, Downtown Dubai · 24th floor · completed 2020

2402, BLVD Heights 2

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

Unit 2402 · DLD and Ejari recordsUpdated 20 February 2023
Last soldAED 2.96M14 May 2015
Current rentAED 213K /yr20 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2402, BLVD Heights 2

What is 2402 worth today?

Last sold for AED 2,963,888 in 2015

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20 Feb 2023RentedNew contract
AED 212,500/yr12 months · AED 127 per sqft
20 Apr 2022RentedRenewal
AED 122,000/yr12 months · AED 73 per sqft
20 Apr 2021RentedNew contract
AED 122,000/yr12 months · AED 73 per sqft
14 May 2015Sold by developerOff-plan
AED 2,963,888AED 1,860 per sqft

Source: Dubai Land Department. Updated 20 February 2023.

Key facts

Type
2-bed apartment
Size
1,593 sqft
Floor
24th of 43
Parking
B3-161
Developer
Emaar
Completed
2020
Service charge
AED 32,500 /yr
Last sold
AED 2.96M · May 2015

About 2402, BLVD Heights 2

2402 is a two-bedroom apartment of 1,593 sqft on the 24th floor of BLVD Heights 2, a 43-storey tower in Downtown Dubai completed in 2020 by Emaar. The developer sold it on 14 May 2015 for AED 2,963,888, or AED 1,860 per sqft, in line with the AED 1,878 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 20 February 2023, is AED 212,500 a year: a gross yield of 7.2% on the 2015 price, before the service charge of about AED 32,500 a year.

Sales and rents for 2402 over time

Sales
Unit 2402, 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, May 2015: AED 2,963,888 (AED 1,860 per sqft)

2402 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2402, 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, April 2021: AED 122,000 a yearRenewal, April 2022: AED 122,000 a yearNew contract, February 2023: AED 212,500 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 2402 sits

All 128 2-beds →

2402 last sold in May 2015 at AED 1,860 per sqft, in line with what two-beds in BLVD Heights 2 were fetching at the time (AED 1,878). 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. 2402's AED 212,500 is in the upper 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 24th floor

All 240 units in BLVD Heights 2
Value
24013-bedAED 5.36M · May 2015
24031-bedAED 1.75M · May 2015
24041-bedAED 1.82M · May 2015
24052-bedAED 2.87M · May 2015
24063-bedAED 5.18M · May 2015

2402, BLVD Heights 2 in numbers

  • Sold once: by Emaar on 14 May 2015 for AED 2,963,888, or AED 1,860 per sqft.
  • Rented since April 2021 on 3 Ejari contracts, from AED 122,000 to AED 212,500 a year.
  • At AED 212,500 a year the gross yield on the 2015 price is 7.2%, before a service charge of about AED 32,500 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 20 February 2023.

Questions about 2402, BLVD Heights 2

What did unit 2402 last sell for?

AED 2,963,888 on 14 May 2015, sold by the developer: AED 1,860 per sqft for 1,593 sqft. It is the only registered sale of the unit.

What is the rent for unit 2402?

AED 212,500 a year on the contract signed on 20 February 2023. The previous contract, from April 2022, was AED 122,000; the unit has been rented since April 2021.

How big is unit 2402?

1,593 sqft (148.0 sqm): a two-bedroom apartment on the 24th floor of a 43-storey tower completed in 2020.

What is unit 2402 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 2402, BLVD Heights 2

Starts from the last sale price (AED 2.96M, 14 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,963,888
Deposit, UAE resident (20%)
AED 592,778
Deposit, non-resident (40%)
AED 1,185,555
Monthly over 25 years at 3.7%
AED 12,126

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