1-bed · 773 sqftBoulevard Point, Downtown Dubai · completed 2019

511, Boulevard Point

Sold prices and rental history: sold twice, last in December 2024, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 12 December 2024
Last soldAED 2.45M12 December 2024
Current rentAED 115K /yr19 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Boulevard Point

What is 511 worth today?

Last sold for AED 2,450,000 in 2024

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12 Dec 2024SoldReady
AED 2,450,000AED 3,170 per sqft
19 Sep 2022RentedNew contract
AED 115,000/yr12 months · AED 148 per sqft
25 Jun 2019Sold by developerOff-plan
AED 1,644,888AED 2,128 per sqft

Source: Dubai Land Department. Updated 12 December 2024.

Key facts

Type
1-bed apartment
Size
773 sqft
Parking
BPP5-07
Developer
Emaar
Completed
2019
Service charge
AED 18,800 /yr
Last sold
AED 2.45M · December 2024

About 511, Boulevard Point

511 is a one-bedroom apartment of 773 sqft of Boulevard Point, a 67-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 12 December 2024 for AED 2,450,000, or AED 3,170 per sqft, 25% above the AED 2,546 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 19 September 2022. The current contract, signed on 19 September 2022, is AED 115,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 18,800 a year.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical one-bed in Boulevard Point
1.5M2M2.5M2014201820222026Typical 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, June 2019: AED 1,644,888 (AED 2,128 per sqft)Sold, December 2024: AED 2,450,000 (AED 3,170 per sqft)

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

Rents
Unit 511, each contractTypical one-bed in Boulevard Point
100K150K2020202220242026Typical 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, September 2022: AED 115,000 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 511 sits

All 171 1-beds →

511 last sold in December 2024 at AED 3,170 per sqft, 25% above what one-beds in Boulevard Point were fetching at the time (AED 2,546). 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. 511's AED 115,000 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 →

511, Boulevard Point in numbers

  • Sold twice: first on 25 June 2019 for AED 1,644,888, last on 12 December 2024 for AED 2,450,000 (AED 3,170 per sqft).
  • Rented since September 2022 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 18,800 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 12 December 2024.

Questions about 511, Boulevard Point

What did unit 511 last sell for?

AED 2,450,000 on 12 December 2024: AED 3,170 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 1,644,888 in June 2019.

What is the rent for unit 511?

AED 115,000 a year on the contract signed on 19 September 2022.

How big is unit 511?

773 sqft (71.8 sqm): a one-bedroom apartment of a 67-storey tower completed in 2019.

What is unit 511 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 511, Boulevard Point

Starts from the last sale price (AED 2.45M, 12 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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