2-bed · 1,332 sqftBoulevard Point, Downtown Dubai · completed 2019

406, Boulevard Point

Sold prices and rental history: sold twice, last in September 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 2.17M4 September 2019
Current rentAED 139K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Boulevard Point

What is 406 worth today?

Last sold for AED 2,173,888 in 2019

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20 Oct 2024RentedRenewal
AED 139,150/yr12 months · AED 104 per sqft
20 Oct 2024RentedRenewal
AED 139,150/yr12 months · AED 104 per sqft
20 Oct 2023RentedRenewal
AED 110,000/yr12 months · AED 82 per sqft
20 Oct 2023RentedRenewal
AED 110,000/yr12 months · AED 82 per sqft
20 Oct 2022RentedNew contract
AED 110,000/yr12 months · AED 82 per sqft
25 Oct 2020RentedNew contract
AED 95,000/yr12 months · AED 71 per sqft
4 Sep 2019SoldOff-plan
AED 2,173,888AED 1,632 per sqft
3 Sep 2019Sold by developerOff-plan
AED 2,173,888AED 1,632 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type
2-bed apartment
Size
1,332 sqft
Parking
BPP4-03
Developer
Emaar
Completed
2019
Service charge
AED 32,400 /yr
Last sold
AED 2.17M · September 2019

About 406, Boulevard Point

406 is a two-bedroom apartment of 1,332 sqft of Boulevard Point, a 67-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 4 September 2019 for AED 2,173,888, or AED 1,632 per sqft, in line with the AED 1,647 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 20 October 2024, is AED 139,150 a year: a gross yield of 6.4% on the 2019 price, before the service charge of about AED 32,400 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, September 2019: AED 2,173,888 (AED 1,632 per sqft)Sold by developer, September 2019: AED 2,173,888 (AED 1,632 per sqft)

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

Rents
Unit 406, 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, October 2020: AED 95,000 a yearNew contract, October 2022: AED 110,000 a yearRenewal, October 2023: AED 110,000 a yearRenewal, October 2023: AED 110,000 a yearRenewal, October 2024: AED 139,150 a yearRenewal, October 2024: AED 139,150 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 406 sits

All 146 2-beds →

406 last sold in September 2019 at AED 1,632 per sqft, in line with what two-beds in Boulevard Point were fetching at the time (AED 1,647). 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. 406's AED 139,150 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 →

406, Boulevard Point in numbers

  • Sold twice: first on 3 September 2019 for AED 2,173,888, last on 4 September 2019 for AED 2,173,888 (AED 1,632 per sqft).
  • Rented since October 2020 on 6 Ejari contracts, from AED 95,000 to AED 139,150 a year.
  • At AED 139,150 a year the gross yield on the 2019 price is 6.4%, before a service charge of about AED 32,400 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 20 October 2024.

Questions about 406, Boulevard Point

What did unit 406 last sell for?

AED 2,173,888 on 4 September 2019: AED 1,632 per sqft for 1,332 sqft. The unit has 2 registered sales; the first was AED 2,173,888 in September 2019.

What is the rent for unit 406?

AED 139,150 a year on the contract renewed on 20 October 2024. The previous contract, from October 2024, was AED 139,150; the unit has been rented since October 2020.

How big is unit 406?

1,332 sqft (123.7 sqm): a two-bedroom apartment of a 67-storey tower completed in 2019.

What is unit 406 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 406, Boulevard Point

Starts from the last sale price (AED 2.17M, 4 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,173,888
Deposit, UAE resident (20%)
AED 434,778
Deposit, non-resident (40%)
AED 869,555
Monthly over 25 years at 3.7%
AED 8,894

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