2-bed · 1,639 sqftBLVD Heights 1, Downtown Dubai · 15th floor · completed 2020

1505, BLVD Heights 1

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 2.96M7 December 2014
Current rentAED 205K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, BLVD Heights 1

What is 1505 worth today?

Last sold for AED 2,963,888 in 2014

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20 Nov 2024RentedRenewal
AED 205,000/yr12 months · AED 125 per sqft
20 Nov 2023RentedRenewal
AED 205,000/yr12 months · AED 125 per sqft
20 Nov 2022RentedNew contract
AED 205,000/yr12 months · AED 125 per sqft
25 Apr 2021RentedNew contract
AED 117,500/yr12 months · AED 72 per sqft
7 Dec 2014Sold by developerOff-plan
AED 2,963,888AED 1,807 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
2-bed apartment
Size
1,639 sqft
Floor
15th of 50
Parking
B2-68
Developer
Emaar
Completed
2020
Service charge
AED 33,500 /yr
Last sold
AED 2.96M · December 2014

About 1505, BLVD Heights 1

1505 is a two-bedroom apartment of 1,639 sqft on the 15th floor of BLVD Heights 1, a 50-storey tower in Downtown Dubai completed in 2020 by Emaar. The developer sold it on 7 December 2014 for AED 2,963,888, or AED 1,807 per sqft, 4% below the AED 1,878 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 20 November 2024, is AED 205,000 a year: a gross yield of 6.9% on the 2014 price, before the service charge of about AED 33,500 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, 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, December 2014: AED 2,963,888 (AED 1,807 per sqft)

1505 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1505, 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, April 2021: AED 117,500 a yearNew contract, November 2022: AED 205,000 a yearRenewal, November 2023: AED 205,000 a yearRenewal, November 2024: AED 205,000 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 1505 sits

All 147 2-beds →

1505 last sold in December 2014 at AED 1,807 per sqft, 4% below what two-beds in BLVD Heights 1 were fetching at the time (AED 1,878). 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. 1505's AED 205,000 is in the lower half 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 15th floor

All 279 units in BLVD Heights 1
Value
15012-bedAED 3.75M · Jul 2023
15022-bedAED 4.85M · Feb 2026
15031-bedAED 2.15M · Jun 2023
15041-bedAED 1.98M · Feb 2020
15062-bedAED 3.69M · Jan 2022
15072-bedAED 3.14M · Dec 2014

1505, BLVD Heights 1 in numbers

  • Sold once: by Emaar on 7 December 2014 for AED 2,963,888, or AED 1,807 per sqft.
  • Rented since April 2021 on 4 Ejari contracts, from AED 117,500 to AED 205,000 a year.
  • At AED 205,000 a year the gross yield on the 2014 price is 6.9%, before a service charge of about AED 33,500 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 20 November 2024.

Questions about 1505, BLVD Heights 1

What did unit 1505 last sell for?

AED 2,963,888 on 7 December 2014, sold by the developer: AED 1,807 per sqft for 1,639 sqft. It is the only registered sale of the unit.

What is the rent for unit 1505?

AED 205,000 a year on the contract renewed on 20 November 2024. The previous contract, from November 2023, was AED 205,000; the unit has been rented since April 2021.

How big is unit 1505?

1,639 sqft (152.3 sqm): a two-bedroom apartment on the 15th floor of a 50-storey tower completed in 2020.

What is unit 1505 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 1505, BLVD Heights 1

Starts from the last sale price (AED 2.96M, 7 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,963,888
Deposit, UAE resident (20%)
AED 592,778
Deposit, non-resident (40%)
AED 1,185,555
Monthly over 25 years at 3.7%
AED 12,126

Plus AED 129,494 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →