2-bed · 707 sqftBoulevard Point, Downtown Dubai · 50th floor · completed 2019

5002, Boulevard Point

Sold prices and rental history: sold once, by the developer in November 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5002 · DLD and Ejari recordsUpdated 14 December 2023
Last soldAED 3.01M10 November 2014
Current rentAED 136K /yr14 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5002, Boulevard Point

What is 5002 worth today?

Last sold for AED 3,012,888 in 2014

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14 Dec 2023RentedRenewal
AED 135,713/yr12 months · AED 96 per sqft
14 Dec 2022RentedRenewal
AED 123,375/yr12 months · AED 87 per sqft
14 Dec 2021RentedNew contract
AED 123,375/yr12 months · AED 87 per sqft
14 Dec 2020RentedNew contract
AED 117,500/yr12 months · AED 83 per sqft
10 Nov 2014Sold by developerOff-plan
AED 3,012,888AED 2,130 per sqft

Source: Dubai Land Department. Updated 14 December 2023.

Key facts

Type
2-bed apartment
Size
707 sqft
Floor
50th of 67
Parking
BPB2-142
Developer
Emaar
Completed
2019
Service charge
AED 17,200 /yr
Last sold
AED 3.01M · November 2014

About 5002, Boulevard Point

5002 is a two-bedroom apartment of 707 sqft on the 50th floor of Boulevard Point, a 67-storey tower in Downtown Dubai completed in 2019 by Emaar. The developer sold it on 10 November 2014 for AED 3,012,888, or AED 2,130 per sqft, in line with the AED 2,118 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 14 December 2023, is AED 135,713 a year: a gross yield of 4.5% on the 2014 price, before the service charge of about AED 17,200 a year.

Sales and rents for 5002 over time

Sales
Unit 5002, 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, November 2014: AED 3,012,888 (AED 2,130 per sqft)

5002 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5002, 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, December 2020: AED 117,500 a yearNew contract, December 2021: AED 123,375 a yearRenewal, December 2022: AED 123,375 a yearRenewal, December 2023: AED 135,713 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 5002 sits

All 146 2-beds →

5002 last sold in November 2014 at AED 2,130 per sqft, in line with what two-beds in Boulevard Point were fetching at the time (AED 2,118). 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. 5002's AED 135,713 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 50th floor

All 333 units in Boulevard Point
Value
50011-bedAED 2.15M · Jul 2023
50033-bedAED 2.78M · Aug 2020
50043-bedAED 5.1M · Jun 2023
50052-bedAED 3.3M · Mar 2016
50063-bedAED 4.48M · Oct 2014

5002, Boulevard Point in numbers

  • Sold once: by Emaar on 10 November 2014 for AED 3,012,888, or AED 2,130 per sqft.
  • Rented since December 2020 on 4 Ejari contracts, from AED 117,500 to AED 135,713 a year.
  • At AED 135,713 a year the gross yield on the 2014 price is 4.5%, before a service charge of about AED 17,200 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 14 December 2023.

Questions about 5002, Boulevard Point

What did unit 5002 last sell for?

AED 3,012,888 on 10 November 2014, sold by the developer: AED 2,130 per sqft for 707 sqft. It is the only registered sale of the unit.

What is the rent for unit 5002?

AED 135,713 a year on the contract renewed on 14 December 2023. The previous contract, from December 2022, was AED 123,375; the unit has been rented since December 2020.

How big is unit 5002?

707 sqft (65.7 sqm): a two-bedroom apartment on the 50th floor of a 67-storey tower completed in 2019.

What is unit 5002 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 5002, Boulevard Point

Starts from the last sale price (AED 3.01M, 10 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,012,888
Deposit, UAE resident (20%)
AED 602,578
Deposit, non-resident (40%)
AED 1,205,155
Monthly over 25 years at 3.7%
AED 12,327

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