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2-bed · 1,665 sqftBLVD Heights 1, Downtown Dubai · 12th floor · completed 2020

1202, BLVD Heights 1

Sold prices and rental history: sold 3 times, last in July 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 16 July 2024
Last soldAED 3.8M16 July 2024
Current rentAED 173K /yr23 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1202, BLVD Heights 1

What is 1202 worth today?

Last sold for AED 3,800,000 in 2024

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16 Jul 2024SoldReady
AED 3,800,000AED 2,282 per sqft
23 Jun 2023RentedRenewal
AED 173,250/yr12 months · AED 104 per sqft
23 Jun 2022RentedRenewal
AED 165,000/yr12 months · AED 99 per sqft
7 Feb 2019SoldOff-plan
AED 2,200,000AED 1,381 per sqft
20 Jan 2015Sold by developerOff-plan
AED 3,044,888AED 1,829 per sqft

Source: Dubai Land Department. Updated 16 July 2024.

Key facts

Type
2-bed apartment
Size
1,665 sqft
Floor
12th of 50
Parking
B2-117
Developer
Emaar
Completed
2020
Service charge
AED 34,000 /yr
Last sold
AED 3.8M · July 2024
Building
BLVD Heights 1

About 1202, BLVD Heights 1

1202 is a two-bedroom apartment of 1,665 sqft on the 12th floor of BLVD Heights 1, a 50-storey tower in Downtown Dubai completed in 2020 by Emaar. It last sold on 16 July 2024 for AED 3,800,000, or AED 2,282 per sqft, 3% above the AED 2,213 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 23 June 2023, is AED 173,250 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 34,000 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical two-bed in BLVD Heights 1
2M3M4M20142017202020232026Typical sale price by year: 2014 AED 3,104,388; 2015 AED 3,116,888; 2017 AED 2,674,252; 2018 AED 2,534,310; 2019 AED 3,221,888; 2020 AED 3,366,388; 2021 AED 3,370,164; 2022 AED 2,950,000; 2023 AED 3,300,000; 2024 AED 3,750,000; 2025 AED 3,850,000Sold by developer, January 2015: AED 3,044,888 (AED 1,829 per sqft)Sold, February 2019: AED 2,200,000 (AED 1,381 per sqft)Sold, July 2024: AED 3,800,000 (AED 2,282 per sqft)

1202 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1202, each contractTypical two-bed in BLVD Heights 1
100K150K200K2020202220242026Typical rent by year: 2020 AED 115,000; 2021 AED 125,000; 2022 AED 140,000; 2023 AED 185,000; 2024 AED 196,250; 2025 AED 210,000; 2026 AED 222,500Renewal, June 2022: AED 165,000 a yearRenewal, June 2023: AED 173,250 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 BLVD Heights 1, and where 1202 sits

All 147 2-beds →

1202 last sold in July 2024 at AED 2,282 per sqft, 3% above what two-beds in BLVD Heights 1 were fetching at the time (AED 2,213). Over the last 12 months two-beds sold for AED 3,925,000 to 4,850,000, around AED 2,585 per sqft, and rent for AED 200,000 to 260,000 a year. 1202's AED 173,250 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Feb 20264,850,000
7 Jan 20263,925,000
29 Jul 20253,675,000
1 Jul 20253,850,000
2 2-bed sales in the last 12 months

BLVD Heights 1

Building

279 apartments, 1-bed to 4-bed over 50 floors in Downtown Dubai, completed in 2020 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,826
Typical sale
AED 4.39M
Typical rent
AED 190K /yr
Typical yield
4.9%
BLVD Heights 1, Downtown Dubai: prices, sales and rents →

Other units on the 12th floor

All 279 units in BLVD Heights 1
Value
12012-bedAED 3.69M · Jan 2015
12031-bedAED 1.71M · Mar 2015
12041-bedAED 1.83M · Jan 2015
12052-bedAED 2.95M · Jan 2015
12062-bedAED 3.62M · Dec 2014
12072-bedAED 3.13M · Jan 2015

1202, BLVD Heights 1 in numbers

  • Sold 3 times: first on 20 January 2015 for AED 3,044,888, last on 16 July 2024 for AED 3,800,000 (AED 2,282 per sqft).
  • Rented since June 2022 on 2 Ejari contracts, from AED 165,000 to AED 173,250 a year.
  • At AED 173,250 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 34,000 a year (AED 20.43 per sqft).
  • Two-beds in BLVD Heights 1 sold for AED 3,925,000–4,850,000 in the 12 months to November 2026; the building's median across all types is AED 2,826 per sqft.

Source: Dubai Land Department. Updated 16 July 2024.

Questions about 1202, BLVD Heights 1

What did unit 1202 last sell for?

AED 3,800,000 on 16 July 2024: AED 2,282 per sqft for 1,665 sqft. The unit has 3 registered sales; the first was AED 3,044,888 in January 2015.

What is the rent for unit 1202?

AED 173,250 a year on the contract renewed on 23 June 2023. The previous contract, from June 2022, was AED 165,000.

How big is unit 1202?

1,665 sqft (154.7 sqm): a two-bedroom apartment on the 12th floor of a 50-storey tower completed in 2020.

What is unit 1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in BLVD Heights 1 sold for AED 3,925,000 to 4,850,000 in the last 12 months, around AED 2,585 per sqft.

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Mortgage on 1202, BLVD Heights 1

Starts from the last sale price (AED 3.8M, 16 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

Plus AED 164,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →