2-bed · 1,426 sqftBoulevard Point, Downtown Dubai · 17th floor · completed 2019

1702, Boulevard Point

Sold prices and rental history: sold 3 times, last in March 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 3.28M7 March 2023
Current rentAED 195K /yr10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Boulevard Point

What is 1702 worth today?

Last sold for AED 3,275,000 in 2023

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10 Jun 2024RentedNew contract
AED 195,000/yr24 months · AED 137 per sqft
7 Mar 2023SoldReady
AED 3,275,000AED 2,297 per sqft
11 Aug 2020RentedNew contract
AED 110,000/yr13 months · AED 77 per sqft
1 Nov 2015SoldOff-plan
AED 2,865,888AED 2,010 per sqft
3 Apr 2014Sold by developerOff-plan
AED 2,865,888AED 2,010 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
2-bed apartment
Size
1,426 sqft
Floor
17th of 67
Parking
BPB2-112
Developer
Emaar
Completed
2019
Service charge
AED 34,700 /yr
Last sold
AED 3.28M · March 2023

About 1702, Boulevard Point

1702 is a two-bedroom apartment of 1,426 sqft on the 17th floor of Boulevard Point, a 67-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 7 March 2023 for AED 3,275,000, or AED 2,297 per sqft, in line with the AED 2,308 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 10 June 2024, is AED 195,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 34,700 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, 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, April 2014: AED 2,865,888 (AED 2,010 per sqft)Sold, November 2015: AED 2,865,888 (AED 2,010 per sqft)Sold, March 2023: AED 3,275,000 (AED 2,297 per sqft)

1702 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1702, 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, August 2020: AED 110,000 a yearNew contract, June 2024: 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 1702 sits

All 146 2-beds →

1702 last sold in March 2023 at AED 2,297 per sqft, in line with what two-beds in Boulevard Point were fetching at the time (AED 2,308). 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. 1702'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 →

Other units on the 17th floor

All 333 units in Boulevard Point
Value
17011-bedAED 1.82M · Mar 2017
17032-bedAED 2.91M · Oct 2014
17042-bedAED 2.91M · Oct 2014
17052-bedAED 2.8M · Feb 2021
17062-bedAED 4.7M · Oct 2023
17071-bedAED 2.3M · Feb 2024

1702, Boulevard Point in numbers

  • Sold 3 times: first on 3 April 2014 for AED 2,865,888, last on 7 March 2023 for AED 3,275,000 (AED 2,297 per sqft).
  • Rented since August 2020 on 2 Ejari contracts, from AED 110,000 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 34,700 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 10 June 2024.

Questions about 1702, Boulevard Point

What did unit 1702 last sell for?

AED 3,275,000 on 7 March 2023: AED 2,297 per sqft for 1,426 sqft. The unit has 3 registered sales; the first was AED 2,865,888 in April 2014.

What is the rent for unit 1702?

AED 195,000 a year on the contract signed on 10 June 2024. The previous contract, from August 2020, was AED 110,000.

How big is unit 1702?

1,426 sqft (132.5 sqm): a two-bedroom apartment on the 17th floor of a 67-storey tower completed in 2019.

What is unit 1702 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 1702, Boulevard Point

Starts from the last sale price (AED 3.28M, 7 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,275,000
Deposit, UAE resident (20%)
AED 655,000
Deposit, non-resident (40%)
AED 1,310,000
Monthly over 25 years at 3.7%
AED 13,399

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