2-bed · 1,405 sqftBLVD Heights 1, Downtown Dubai · 14th floor · completed 2020

1407, BLVD Heights 1

Sold prices and rental history: sold twice, last in March 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 2.7M14 March 2022
Current rentAED 195K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, BLVD Heights 1

What is 1407 worth today?

Last sold for AED 2,700,000 in 2022

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1 Oct 2024RentedNew contract
AED 195,000/yr12 months · AED 139 per sqft
14 Mar 2022SoldReady
AED 2,700,000AED 1,922 per sqft
2 Feb 2021RentedNew contract
AED 115,000/yr12 months · AED 82 per sqft
11 Feb 2020Sold by developerOff-plan
AED 2,664,655AED 1,930 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
14th of 50
Parking
B1-162
Developer
Emaar
Completed
2020
Service charge
AED 28,700 /yr
Last sold
AED 2.7M · March 2022

About 1407, BLVD Heights 1

1407 is a two-bedroom apartment of 1,405 sqft on the 14th floor of BLVD Heights 1, a 50-storey tower in Downtown Dubai completed in 2020 by Emaar. It last sold on 14 March 2022 for AED 2,700,000, or AED 1,922 per sqft, 5% below the AED 2,017 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 October 2024, is AED 195,000 a year: a gross yield of 7.2% on the 2022 price, before the service charge of about AED 28,700 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, each saleTypical two-bed in BLVD Heights 1
3M4M20142017202020232026Typical 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, February 2020: AED 2,664,655 (AED 1,930 per sqft)Sold, March 2022: AED 2,700,000 (AED 1,922 per sqft)

1407 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1407, 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 222,500New contract, February 2021: AED 115,000 a yearNew contract, October 2024: 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 BLVD Heights 1, and where 1407 sits

All 147 2-beds →

1407 last sold in March 2022 at AED 1,922 per sqft, 5% below what two-beds in BLVD Heights 1 were fetching at the time (AED 2,017). 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. 1407's AED 195,000 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 14th floor

All 279 units in BLVD Heights 1
Value
14012-bedAED 2.78M · Jun 2022
14022-bedAED 3.38M · Nov 2021
1403AED 2.5M · Oct 2025
14041-bedAED 1.83M · Dec 2014
14052-bedAED 2.55M · Jul 2021
14062-bedAED 3.63M · Jan 2015

1407, BLVD Heights 1 in numbers

  • Sold twice: first on 11 February 2020 for AED 2,664,655, last on 14 March 2022 for AED 2,700,000 (AED 1,922 per sqft).
  • Rented since February 2021 on 2 Ejari contracts, from AED 115,000 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2022 price is 7.2%, before a service charge of about AED 28,700 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 1 October 2024.

Questions about 1407, BLVD Heights 1

What did unit 1407 last sell for?

AED 2,700,000 on 14 March 2022: AED 1,922 per sqft for 1,405 sqft. The unit has 2 registered sales; the first was AED 2,664,655 in February 2020.

What is the rent for unit 1407?

AED 195,000 a year on the contract signed on 1 October 2024. The previous contract, from February 2021, was AED 115,000.

How big is unit 1407?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 14th floor of a 50-storey tower completed in 2020.

What is unit 1407 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 1407, BLVD Heights 1

Starts from the last sale price (AED 2.7M, 14 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

Plus AED 118,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →