1-bed · 906 sqftBLVD Heights 2, Downtown Dubai · 5th floor · completed 2020

503, BLVD Heights 2

Sold prices and rental history: sold once, by the developer in March 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 10 June 2022
Last soldAED 1.81M18 March 2020
Current rentAED 85K /yr10 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, BLVD Heights 2

What is 503 worth today?

Last sold for AED 1,813,888 in 2020

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10 Jun 2022RentedRenewal
AED 85,000/yr12 months · AED 94 per sqft
10 Jun 2021RentedNew contract
AED 85,000/yr12 months · AED 94 per sqft
18 Mar 2020Sold by developerOff-plan
AED 1,813,888AED 2,002 per sqft

Source: Dubai Land Department. Updated 10 June 2022.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
5th of 43
Parking
B2-21
Developer
Emaar
Completed
2020
Service charge
AED 18,500 /yr
Last sold
AED 1.81M · March 2020

About 503, BLVD Heights 2

503 is a one-bedroom apartment of 906 sqft on the 5th floor of BLVD Heights 2, a 43-storey tower in Downtown Dubai completed in 2020 by Emaar. The developer sold it on 18 March 2020 for AED 1,813,888, or AED 2,002 per sqft, 14% above the AED 1,750 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 10 June 2022, is AED 85,000 a year: a gross yield of 4.7% on the 2020 price, before the service charge of about AED 18,500 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in BLVD Heights 2
2M2015201820212024Typical sale price by year: 2015 AED 1,801,888; 2020 AED 1,250,000; 2021 AED 1,911,388; 2022 AED 1,675,000; 2023 AED 2,050,000; 2024 AED 2,415,000; 2025 AED 2,425,000Sold by developer, March 2020: AED 1,813,888 (AED 2,002 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in BLVD Heights 2
75K100K125K2021202320252027Typical rent by year: 2021 AED 80,000; 2022 AED 90,000; 2023 AED 114,658; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 120,000New contract, June 2021: AED 85,000 a yearRenewal, June 2022: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in BLVD Heights 2, and where 503 sits

All 70 1-beds →

503 last sold in March 2020 at AED 2,002 per sqft, 14% above what one-beds in BLVD Heights 2 were fetching at the time (AED 1,750). Over the last 12 months one-beds sold for AED 2,150,000 to 2,200,000, around AED 2,396 per sqft, and rent for AED 90,000 to 167,500 a year. 503's AED 85,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Jul 20262,200,000
17 Jun 20262,150,000
25 Jun 20252,400,000
11 Jun 20252,450,000
2 1-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 5th floor

All 240 units in BLVD Heights 2
Value
5012-bedAED 3.54M · Mar 2015
5022-bedAED 3.7M · Mar 2025
5041-bedAED 2.33M · Jan 2025
5052-bedAED 2.92M · Jul 2015
5062-bedAED 3.65M · Mar 2015
5072-bedAED 3.09M · Mar 2015

503, BLVD Heights 2 in numbers

  • Sold once: by Emaar on 18 March 2020 for AED 1,813,888, or AED 2,002 per sqft.
  • Rented since June 2021 on 2 Ejari contracts, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2020 price is 4.7%, before a service charge of about AED 18,500 a year (AED 20.43 per sqft).
  • One-beds in BLVD Heights 2 sold for AED 2,150,000–2,200,000 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 10 June 2022.

Questions about 503, BLVD Heights 2

What did unit 503 last sell for?

AED 1,813,888 on 18 March 2020, sold by the developer: AED 2,002 per sqft for 906 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 85,000 a year on the contract renewed on 10 June 2022. The previous contract, from June 2021, was AED 85,000.

How big is unit 503?

906 sqft (84.2 sqm): a one-bedroom apartment on the 5th floor of a 43-storey tower completed in 2020.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in BLVD Heights 2 sold for AED 2,150,000 to 2,200,000 in the last 12 months, around AED 2,396 per sqft.

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Mortgage on 503, BLVD Heights 2

Starts from the last sale price (AED 1.81M, 18 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,813,888
Deposit, UAE resident (20%)
AED 362,778
Deposit, non-resident (40%)
AED 725,555
Monthly over 25 years at 3.7%
AED 7,421

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