1-bed · 795 sqftBoulevard Point, Downtown Dubai · completed 2019

308, Boulevard Point

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

Unit 308 · DLD and Ejari recordsUpdated 19 October 2023
Last soldAED 1.96M19 October 2023
Current rentAED 73K /yr19 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Boulevard Point

What is 308 worth today?

Last sold for AED 1,960,000 in 2023

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19 Oct 2023SoldReady
AED 1,960,000AED 2,463 per sqft
19 Nov 2022RentedNew contract
AED 72,992/yr7 months · AED 92 per sqft
10 Aug 2022SoldReady
AED 1,250,000AED 1,571 per sqft
18 Nov 2021RentedRenewal
AED 66,700/yr12 months · AED 84 per sqft
18 Nov 2020RentedNew contract
AED 58,000/yr12 months · AED 73 per sqft
24 Oct 2019Sold by developerOff-plan
AED 1,396,888AED 1,756 per sqft

Source: Dubai Land Department. Updated 19 October 2023.

Key facts

Type
1-bed apartment
Size
795 sqft
Parking
BPP4-02
Developer
Emaar
Completed
2019
Service charge
AED 19,400 /yr
Last sold
AED 1.96M · October 2023

About 308, Boulevard Point

308 is a one-bedroom apartment of 795 sqft of Boulevard Point, a 67-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 19 October 2023 for AED 1,960,000, or AED 2,463 per sqft, 5% above the AED 2,337 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 19 November 2022, is AED 72,992 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 19,400 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Boulevard Point
2M2014201820222026Typical sale price by year: 2014 AED 1,664,388; 2015 AED 2,307,888; 2017 AED 1,903,388; 2018 AED 1,584,148; 2019 AED 1,641,888; 2020 AED 1,411,241; 2021 AED 1,945,166; 2022 AED 1,720,725; 2023 AED 2,180,000; 2024 AED 2,430,000; 2025 AED 2,500,000; 2026 AED 2,250,000Sold by developer, October 2019: AED 1,396,888 (AED 1,756 per sqft)Sold, August 2022: AED 1,250,000 (AED 1,571 per sqft)Sold, October 2023: AED 1,960,000 (AED 2,463 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in Boulevard Point
50K100K150K2020202220242026Typical rent by year: 2020 AED 75,000; 2021 AED 80,000; 2022 AED 95,000; 2023 AED 113,500; 2024 AED 130,000; 2025 AED 140,000; 2026 AED 125,000New contract, November 2020: AED 58,000 a yearRenewal, November 2021: AED 66,700 a yearNew contract, November 2022: AED 72,992 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 Boulevard Point, and where 308 sits

All 171 1-beds →

308 last sold in October 2023 at AED 2,463 per sqft, 5% above what one-beds in Boulevard Point were fetching at the time (AED 2,337). Over the last 12 months one-beds sold for AED 2,000,000 to 2,950,000, around AED 2,528 per sqft, and rent for AED 69,750 to 420,000 a year. 308's AED 72,992 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Sep 20262,100,000
19 Aug 20262,190,000
11 Aug 20262,000,000
16 Jul 20262,400,000
14 1-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 →

308, Boulevard Point in numbers

  • Sold 3 times: first on 24 October 2019 for AED 1,396,888, last on 19 October 2023 for AED 1,960,000 (AED 2,463 per sqft).
  • Rented since November 2020 on 3 Ejari contracts, from AED 58,000 to AED 72,992 a year.
  • At AED 72,992 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 19,400 a year (AED 24.36 per sqft).
  • One-beds in Boulevard Point sold for AED 2,000,000–2,950,000 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 19 October 2023.

Questions about 308, Boulevard Point

What did unit 308 last sell for?

AED 1,960,000 on 19 October 2023: AED 2,463 per sqft for 795 sqft. The unit has 3 registered sales; the first was AED 1,396,888 in October 2019.

What is the rent for unit 308?

AED 72,992 a year on the contract signed on 19 November 2022. The previous contract, from November 2021, was AED 66,700; the unit has been rented since November 2020.

How big is unit 308?

795 sqft (73.9 sqm): a one-bedroom apartment of a 67-storey tower completed in 2019.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Boulevard Point sold for AED 2,000,000 to 2,950,000 in the last 12 months, around AED 2,528 per sqft.

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Mortgage on 308, Boulevard Point

Starts from the last sale price (AED 1.96M, 19 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,960,000
Deposit, UAE resident (20%)
AED 392,000
Deposit, non-resident (40%)
AED 784,000
Monthly over 25 years at 3.7%
AED 8,019

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