2-bed · 1,741 sqftBLVD Heights 2, Downtown Dubai · 4th floor · completed 2020

401, BLVD Heights 2

Sold prices and rental history: sold 3 times, last in October 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 5 October 2023
Last soldAED 3.65M5 October 2023
Current rentAED 160K /yr15 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, BLVD Heights 2

What is 401 worth today?

Last sold for AED 3,650,000 in 2023

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5 Oct 2023SoldReady
AED 3,650,000AED 2,096 per sqft
11 Sep 2023SoldReady
AED 3,140,000AED 1,803 per sqft
15 Aug 2022RentedNew contract
AED 160,000/yr12 months · AED 92 per sqft
18 Jun 2021RentedNew contract
AED 128,000/yr12 months · AED 73 per sqft
11 Mar 2015Sold by developerOff-plan
AED 3,533,888AED 2,030 per sqft

Source: Dubai Land Department. Updated 5 October 2023.

Key facts

Type
2-bed apartment
Size
1,741 sqft
Floor
4th of 43
Parking
B1-116
Developer
Emaar
Completed
2020
Service charge
AED 35,600 /yr
Last sold
AED 3.65M · October 2023

About 401, BLVD Heights 2

401 is a two-bedroom apartment of 1,741 sqft on the 4th floor of BLVD Heights 2, a 43-storey tower in Downtown Dubai completed in 2020 by Emaar. It last sold on 5 October 2023 for AED 3,650,000, or AED 2,096 per sqft, 12% above the AED 1,868 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 15 August 2022, is AED 160,000 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 35,600 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, March 2015: AED 3,533,888 (AED 2,030 per sqft)Sold, September 2023: AED 3,140,000 (AED 1,803 per sqft)Sold, October 2023: AED 3,650,000 (AED 2,096 per sqft)

401 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 401, 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 128,000 a yearNew contract, August 2022: AED 160,000 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 401 sits

All 128 2-beds →

401 last sold in October 2023 at AED 2,096 per sqft, 12% above what two-beds in BLVD Heights 2 were fetching at the time (AED 1,868). 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. 401's AED 160,000 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 4th floor

All 240 units in BLVD Heights 2
Value
4022-bedAED 2.88M · Jul 2015
4031-bedAED 1.68M · Mar 2015
4041-bedAED 2.23M · Apr 2024
4052-bedAED 3.1M · Sep 2023
4062-bedAED 3.65M · Mar 2015
4072-bedAED 3.09M · Mar 2015

401, BLVD Heights 2 in numbers

  • Sold 3 times: first on 11 March 2015 for AED 3,533,888, last on 5 October 2023 for AED 3,650,000 (AED 2,096 per sqft).
  • Rented since June 2021 on 2 Ejari contracts, from AED 128,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2023 price is 4.4%, before a service charge of about AED 35,600 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 5 October 2023.

Questions about 401, BLVD Heights 2

What did unit 401 last sell for?

AED 3,650,000 on 5 October 2023: AED 2,096 per sqft for 1,741 sqft. The unit has 3 registered sales; the first was AED 3,533,888 in March 2015.

What is the rent for unit 401?

AED 160,000 a year on the contract signed on 15 August 2022. The previous contract, from June 2021, was AED 128,000.

How big is unit 401?

1,741 sqft (161.7 sqm): a two-bedroom apartment on the 4th floor of a 43-storey tower completed in 2020.

What is unit 401 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 401, BLVD Heights 2

Starts from the last sale price (AED 3.65M, 5 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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