3-bed · 1,829 sqftBoulevard Point, Downtown Dubai · 55th floor · completed 2019

5504, Boulevard Point

Sold prices and rental history: sold twice, last in June 2015, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5504 · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 4M22 June 2015
Current rentAED 330K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5504, Boulevard Point

What is 5504 worth today?

Last sold for AED 4,002,441 in 2015

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15 Jun 2024RentedNew contract
AED 330,000/yr12 months · AED 180 per sqft
15 Jun 2023RentedNew contract
AED 330,000/yr12 months · AED 180 per sqft
1 Feb 2021RentedNew contract
AED 182,500/yr12 months · AED 100 per sqft
22 Jun 2015SoldOff-plan
AED 4,002,441AED 2,188 per sqft
1 Oct 2014Sold by developerOff-plan
AED 3,775,888AED 2,064 per sqft

Source: Dubai Land Department. Updated 15 June 2024.

Key facts

Type
3-bed apartment
Size
1,829 sqft
Floor
55th of 67
Parking
BPP6-13, BPP6-14
Developer
Emaar
Completed
2019
Service charge
AED 44,600 /yr
Last sold
AED 4M · June 2015

About 5504, Boulevard Point

5504 is a three-bedroom apartment of 1,829 sqft on the 55th floor of Boulevard Point, a 67-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 22 June 2015 for AED 4,002,441, or AED 2,188 per sqft, 5% above the AED 2,084 three-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 15 June 2024, is AED 330,000 a year: a gross yield of 8.2% on the 2015 price, before the service charge of about AED 44,600 a year.

Sales and rents for 5504 over time

Sales
Unit 5504, each saleTypical three-bed in Boulevard Point
2.5M5M7.5M2014201820222026Typical sale price by year: 2014 AED 3,770,888; 2015 AED 4,454,888; 2016 AED 3,672,888; 2017 AED 4,238,888; 2018 AED 3,539,711; 2020 AED 2,925,000; 2021 AED 4,250,000; 2022 AED 5,000,000; 2023 AED 5,500,000; 2024 AED 6,350,000; 2025 AED 6,850,000; 2026 AED 7,900,000Sold by developer, October 2014: AED 3,775,888 (AED 2,064 per sqft)Sold, June 2015: AED 4,002,441 (AED 2,188 per sqft)

5504 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5504, each contractTypical three-bed in Boulevard Point
200K300K2020202220242026Typical rent by year: 2020 AED 155,000; 2021 AED 175,000; 2022 AED 255,000; 2023 AED 300,000; 2024 AED 320,000; 2025 AED 330,000; 2026 AED 315,000New contract, February 2021: AED 182,500 a yearNew contract, June 2023: AED 330,000 a yearNew contract, June 2024: AED 330,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Boulevard Point, and where 5504 sits

All 116 3-beds →

5504 last sold in June 2015 at AED 2,188 per sqft, 5% above what three-beds in Boulevard Point were fetching at the time (AED 2,084). Over the last 12 months three-beds sold for AED 6,900,000 to 8,500,000, around AED 4,007 per sqft, and rent for AED 120,000 to 900,000 a year. 5504's AED 330,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Aug 20268,390,000
9 Jul 20266,900,000
30 Jan 20267,900,000
29 Dec 202555,355
6 3-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
55022-bedAED 3.7M · Aug 2023
55033-bedAED 7M · Sep 2025
55052-bedAED 3.58M · Sep 2014
55063-bedAED 4.01M · Sep 2022

5504, Boulevard Point in numbers

  • Sold twice: first on 1 October 2014 for AED 3,775,888, last on 22 June 2015 for AED 4,002,441 (AED 2,188 per sqft).
  • Rented since February 2021 on 3 Ejari contracts, from AED 182,500 to AED 330,000 a year.
  • At AED 330,000 a year the gross yield on the 2015 price is 8.2%, before a service charge of about AED 44,600 a year (AED 24.36 per sqft).
  • Three-beds in Boulevard Point sold for AED 6,900,000–8,500,000 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 15 June 2024.

Questions about 5504, Boulevard Point

What did unit 5504 last sell for?

AED 4,002,441 on 22 June 2015: AED 2,188 per sqft for 1,829 sqft. The unit has 2 registered sales; the first was AED 3,775,888 in October 2014.

What is the rent for unit 5504?

AED 330,000 a year on the contract signed on 15 June 2024. The previous contract, from June 2023, was AED 330,000; the unit has been rented since February 2021.

How big is unit 5504?

1,829 sqft (169.9 sqm): a three-bedroom apartment on the 55th floor of a 67-storey tower completed in 2019.

What is unit 5504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Boulevard Point sold for AED 6,900,000 to 8,500,000 in the last 12 months, around AED 4,007 per sqft.

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Mortgage on 5504, Boulevard Point

Starts from the last sale price (AED 4M, 22 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 4,002,441
Deposit, UAE resident (20%)
AED 800,488
Deposit, non-resident (40%)
AED 1,600,976
Monthly over 25 years at 3.7%
AED 16,375

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