2-bed · 1,417 sqftBoulevard Point, Downtown Dubai · 55th floor · completed 2019

5502, Boulevard Point

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

Unit 5502 · DLD and Ejari recordsUpdated 14 August 2023
Last soldAED 3.7M14 August 2023
Current rentAED 195K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5502, Boulevard Point

What is 5502 worth today?

Last sold for AED 3,700,000 in 2023

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14 Aug 2023SoldReady
AED 3,700,000AED 2,611 per sqft
1 Mar 2023RentedRenewal
AED 195,000/yr12 months · AED 137 per sqft
1 Mar 2022RentedNew contract
AED 190,000/yr12 months · AED 134 per sqft
29 Nov 2020RentedNew contract
AED 115,000/yr12 months · AED 81 per sqft
3 Apr 2014Sold by developerOff-plan
AED 3,034,888AED 2,142 per sqft

Source: Dubai Land Department. Updated 14 August 2023.

Key facts

Type
2-bed apartment
Size
1,417 sqft
Floor
55th of 67
Parking
BPB2-145
Developer
Emaar
Completed
2019
Service charge
AED 34,500 /yr
Last sold
AED 3.7M · August 2023

About 5502, Boulevard Point

5502 is a two-bedroom apartment of 1,417 sqft on the 55th floor of Boulevard Point, a 67-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 14 August 2023 for AED 3,700,000, or AED 2,611 per sqft, 5% above the AED 2,480 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 195,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 34,500 a year.

Sales and rents for 5502 over time

Sales
Unit 5502, 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 3,034,888 (AED 2,142 per sqft)Sold, August 2023: AED 3,700,000 (AED 2,611 per sqft)

5502 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5502, 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, November 2020: AED 115,000 a yearNew contract, March 2022: AED 190,000 a yearRenewal, March 2023: 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 5502 sits

All 146 2-beds →

5502 last sold in August 2023 at AED 2,611 per sqft, 5% above what two-beds in Boulevard Point were fetching at the time (AED 2,480). 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. 5502'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 55th floor

All 333 units in Boulevard Point
Value
55011-bedAED 2.33M · Jul 2024
55033-bedAED 7M · Sep 2025
55043-bedAED 4M · Jun 2015
55052-bedAED 3.58M · Sep 2014
55063-bedAED 4.01M · Sep 2022

5502, Boulevard Point in numbers

  • Sold twice: first on 3 April 2014 for AED 3,034,888, last on 14 August 2023 for AED 3,700,000 (AED 2,611 per sqft).
  • Rented since November 2020 on 3 Ejari contracts, from AED 115,000 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 34,500 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 August 2023.

Questions about 5502, Boulevard Point

What did unit 5502 last sell for?

AED 3,700,000 on 14 August 2023: AED 2,611 per sqft for 1,417 sqft. The unit has 2 registered sales; the first was AED 3,034,888 in April 2014.

What is the rent for unit 5502?

AED 195,000 a year on the contract renewed on 1 March 2023. The previous contract, from March 2022, was AED 190,000; the unit has been rented since November 2020.

How big is unit 5502?

1,417 sqft (131.6 sqm): a two-bedroom apartment on the 55th floor of a 67-storey tower completed in 2019.

What is unit 5502 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 5502, Boulevard Point

Starts from the last sale price (AED 3.7M, 14 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

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