2-bed · 1,633 sqftBLVD Heights 1, Downtown Dubai · 3rd floor · completed 2020

306, BLVD Heights 1

Sold prices and rental history: sold once, by the developer in June 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 7 September 2024
Last soldAED 3.06M16 June 2019
Current rentAED 170K /yr7 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, BLVD Heights 1

What is 306 worth today?

Last sold for AED 3,058,888 in 2019

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7 Sep 2024RentedRenewal
AED 170,000/yr12 months · AED 104 per sqft
7 Sep 2023RentedNew contract
AED 170,000/yr12 months · AED 104 per sqft
19 Jul 2022RentedRenewal
AED 120,000/yr12 months · AED 73 per sqft
19 Jul 2021RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
16 Jun 2019Sold by developerOff-plan
AED 3,058,888AED 1,872 per sqft

Source: Dubai Land Department. Updated 7 September 2024.

Key facts

Type
2-bed apartment
Size
1,633 sqft
Floor
3rd of 50
Parking
B1-50
Developer
Emaar
Completed
2020
Service charge
AED 33,400 /yr
Last sold
AED 3.06M · June 2019

About 306, BLVD Heights 1

306 is a two-bedroom apartment of 1,633 sqft on the 3rd floor of BLVD Heights 1, a 50-storey tower in Downtown Dubai completed in 2020 by Emaar. The developer sold it on 16 June 2019 for AED 3,058,888, or AED 1,872 per sqft, in line with the AED 1,913 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 7 September 2024, is AED 170,000 a year: a gross yield of 5.6% on the 2019 price, before the service charge of about AED 33,400 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, June 2019: AED 3,058,888 (AED 1,872 per sqft)

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

Rents
Unit 306, 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, July 2021: AED 120,000 a yearRenewal, July 2022: AED 120,000 a yearNew contract, September 2023: AED 170,000 a yearRenewal, September 2024: AED 170,000 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 306 sits

All 147 2-beds →

306 last sold in June 2019 at AED 1,872 per sqft, in line with what two-beds in BLVD Heights 1 were fetching at the time (AED 1,913). 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. 306's AED 170,000 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 3rd floor

All 279 units in BLVD Heights 1
Value
3012-bedAED 4.23M · Oct 2022
3022-bedAED 3.85M · Jul 2025
3031-bedAED 1.74M · Sep 2022
3041-bedAED 1.79M · Sep 2018
305AED 3.06M · Mar 2024

306, BLVD Heights 1 in numbers

  • Sold once: by Emaar on 16 June 2019 for AED 3,058,888, or AED 1,872 per sqft.
  • Rented since July 2021 on 4 Ejari contracts, from AED 120,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2019 price is 5.6%, before a service charge of about AED 33,400 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 7 September 2024.

Questions about 306, BLVD Heights 1

What did unit 306 last sell for?

AED 3,058,888 on 16 June 2019, sold by the developer: AED 1,872 per sqft for 1,633 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 170,000 a year on the contract renewed on 7 September 2024. The previous contract, from September 2023, was AED 170,000; the unit has been rented since July 2021.

How big is unit 306?

1,633 sqft (151.7 sqm): a two-bedroom apartment on the 3rd floor of a 50-storey tower completed in 2020.

What is unit 306 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 306, BLVD Heights 1

Starts from the last sale price (AED 3.06M, 16 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,058,888
Deposit, UAE resident (20%)
AED 611,778
Deposit, non-resident (40%)
AED 1,223,555
Monthly over 25 years at 3.7%
AED 12,515

Plus AED 133,484 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →