3-bed · 1,833 sqftBoulevard Point, Downtown Dubai · 56th floor · completed 2019

5603, Boulevard Point

Sold prices and rental history: sold 5 times, last in March 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5603 · DLD and Ejari recordsUpdated 27 March 2024
Last soldAED 5.8M27 March 2024
Current rentAED 174K /yr15 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5603, Boulevard Point

What is 5603 worth today?

Last sold for AED 5,800,000 in 2024

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27 Mar 2024SoldReady
AED 5,800,000AED 3,163 per sqft
19 Oct 2022SoldReady
AED 4,700,000AED 2,563 per sqft
15 Jan 2022RentedRenewal
AED 173,738/yr5 months · AED 95 per sqft
15 Jan 2021RentedNew contract
AED 175,000/yr12 months · AED 96 per sqft
7 Oct 2018SoldOff-plan
AED 3,400,000AED 1,854 per sqft
8 Dec 2016SoldOff-plan
AED 4,294,382AED 2,342 per sqft
24 Nov 2014Sold by developerOff-plan
AED 4,089,888AED 2,230 per sqft

Source: Dubai Land Department. Updated 27 March 2024.

Key facts

Type
3-bed apartment
Size
1,833 sqft
Floor
56th of 67
Parking
BPP5-11, BPP5-12
Developer
Emaar
Completed
2019
Service charge
AED 44,700 /yr
Last sold
AED 5.8M · March 2024

About 5603, Boulevard Point

5603 is a three-bedroom apartment of 1,833 sqft on the 56th floor of Boulevard Point, a 67-storey tower in Downtown Dubai completed in 2019 by Emaar. It last sold on 27 March 2024 for AED 5,800,000, or AED 3,163 per sqft, 8% above the AED 2,916 three-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 15 January 2022, is AED 173,738 a year: a gross yield of 3.0% on the 2024 price, before the service charge of about AED 44,700 a year.

Sales and rents for 5603 over time

Sales
Unit 5603, 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, November 2014: AED 4,089,888 (AED 2,230 per sqft)Sold, December 2016: AED 4,294,382 (AED 2,342 per sqft)Sold, October 2018: AED 3,400,000 (AED 1,854 per sqft)Sold, October 2022: AED 4,700,000 (AED 2,563 per sqft)Sold, March 2024: AED 5,800,000 (AED 3,163 per sqft)

5603 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5603, 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, January 2021: AED 175,000 a yearRenewal, January 2022: AED 173,738 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 5603 sits

All 116 3-beds →

5603 last sold in March 2024 at AED 3,163 per sqft, 8% above what three-beds in Boulevard Point were fetching at the time (AED 2,916). 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. 5603's AED 173,738 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 56th floor

All 333 units in Boulevard Point
Value
56011-bedAED 1.69M · Apr 2014
56022-bedAED 4.25M · Oct 2026
56043-bedAED 4.21M · Oct 2015
56052-bedAED 3.7M · Mar 2022

5603, Boulevard Point in numbers

  • Sold 5 times: first on 24 November 2014 for AED 4,089,888, last on 27 March 2024 for AED 5,800,000 (AED 3,163 per sqft).
  • Rented since January 2021 on 2 Ejari contracts, from AED 175,000 to AED 173,738 a year.
  • At AED 173,738 a year the gross yield on the 2024 price is 3.0%, before a service charge of about AED 44,700 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 27 March 2024.

Questions about 5603, Boulevard Point

What did unit 5603 last sell for?

AED 5,800,000 on 27 March 2024: AED 3,163 per sqft for 1,833 sqft. The unit has 5 registered sales; the first was AED 4,089,888 in November 2014.

What is the rent for unit 5603?

AED 173,738 a year on the contract renewed on 15 January 2022. The previous contract, from January 2021, was AED 175,000.

How big is unit 5603?

1,833 sqft (170.3 sqm): a three-bedroom apartment on the 56th floor of a 67-storey tower completed in 2019.

What is unit 5603 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 5603, Boulevard Point

Starts from the last sale price (AED 5.8M, 27 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,800,000
Deposit, UAE resident (20%)
AED 1,160,000
Deposit, non-resident (40%)
AED 2,320,000
Monthly over 25 years at 3.7%
AED 23,730

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