2-bed · 1,494 sqftBoulevard Point, Downtown Dubai · completed 2019

1007, Boulevard Point

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

Unit 1007 · DLD and Ejari recordsUpdated 4 July 2022
Last soldAED 4.02M6 May 2021
Current rentAED 195K /yr4 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Boulevard Point

What is 1007 worth today?

Last sold for AED 4,022,888 in 2021

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4 Jul 2022RentedNew contract
AED 195,000/yr12 months · AED 130 per sqft
5 Jul 2021RentedNew contract
AED 195,000/yr12 months · AED 130 per sqft
6 May 2021Sold by developerReady
AED 4,022,888AED 2,693 per sqft

Source: Dubai Land Department. Updated 4 July 2022.

Key facts

Type
2-bed apartment
Size
1,494 sqft
Parking
BPP10-08
Developer
Emaar
Completed
2019
Service charge
AED 36,400 /yr
Last sold
AED 4.02M · May 2021

About 1007, Boulevard Point

1007 is a two-bedroom apartment of 1,494 sqft of Boulevard Point, a 67-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 6 May 2021 for AED 4,022,888, or AED 2,693 per sqft, 47% above the AED 1,830 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 4 July 2022, is AED 195,000 a year: a gross yield of 4.9% on the 2021 price, before the service charge of about AED 36,400 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical two-bed in Boulevard Point
2M4M2014201820222026Typical sale price by year: 2014 AED 3,029,888; 2015 AED 3,070,888; 2016 AED 2,990,778; 2017 AED 3,414,888; 2018 AED 2,537,744; 2019 AED 2,188,388; 2020 AED 2,280,000; 2021 AED 2,915,000; 2022 AED 3,350,000; 2023 AED 3,650,000; 2024 AED 4,600,000; 2025 AED 4,750,000; 2026 AED 4,175,000Sold by developer, May 2021: AED 4,022,888 (AED 2,693 per sqft)

1007 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1007, each contractTypical two-bed in Boulevard Point
100K200K2020202220242026Typical rent by year: 2020 AED 120,000; 2021 AED 125,000; 2022 AED 150,000; 2023 AED 192,500; 2024 AED 210,000; 2025 AED 240,000; 2026 AED 225,000New contract, July 2021: AED 195,000 a yearNew contract, July 2022: AED 195,000 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 Boulevard Point, and where 1007 sits

All 146 2-beds →

1007 last sold in May 2021 at AED 2,693 per sqft, 47% above what two-beds in Boulevard Point were fetching at the time (AED 1,830). Over the last 12 months two-beds sold for AED 3,100,000 to 5,700,000, around AED 2,790 per sqft, and rent for AED 50,000 to 401,078 a year. 1007's AED 195,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 20264,250,000
6 Oct 20265,500,000
25 Aug 20263,250,000
13 Aug 20264,000,000
13 2-bed sales in the last 12 months

Boulevard Point

Building

333 apartments, 1-bed to 6-bed over 67 floors in Downtown Dubai, completed in 2019 by Emaar. 35 sold in the last 12 months.

Typical price per sqft
AED 2,819 Down 11.1%
Typical sale
AED 3.53M
Typical rent
AED 180K /yr
Typical yield
5.3%
Boulevard Point, Downtown Dubai: prices, sales and rents →

1007, Boulevard Point in numbers

  • Sold once: by Emaar on 6 May 2021 for AED 4,022,888, or AED 2,693 per sqft.
  • Rented since July 2021 on 2 Ejari contracts, at AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2021 price is 4.9%, before a service charge of about AED 36,400 a year (AED 24.36 per sqft).
  • Two-beds in Boulevard Point sold for AED 3,100,000–5,700,000 in the 12 months to November 2026; the building's median across all types is AED 2,819 per sqft.

Source: Dubai Land Department. Updated 4 July 2022.

Questions about 1007, Boulevard Point

What did unit 1007 last sell for?

AED 4,022,888 on 6 May 2021, sold by the developer: AED 2,693 per sqft for 1,494 sqft. It is the only registered sale of the unit.

What is the rent for unit 1007?

AED 195,000 a year on the contract signed on 4 July 2022. The previous contract, from July 2021, was AED 195,000.

How big is unit 1007?

1,494 sqft (138.8 sqm): a two-bedroom apartment of a 67-storey tower completed in 2019.

What is unit 1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Boulevard Point sold for AED 3,100,000 to 5,700,000 in the last 12 months, around AED 2,790 per sqft.

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Mortgage on 1007, Boulevard Point

Starts from the last sale price (AED 4.02M, 6 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,022,888
Deposit, UAE resident (20%)
AED 804,578
Deposit, non-resident (40%)
AED 1,609,155
Monthly over 25 years at 3.7%
AED 16,459

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