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2-bed · 1,741 sqftBLVD Heights 1, Downtown Dubai · 47th floor · completed 2020

4701, BLVD Heights 1

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

Unit 4701 · DLD and Ejari recordsUpdated 28 November 2024
Last soldAED 4.38M28 November 2024
Current rentAED 250K /yr16 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4701, BLVD Heights 1

What is 4701 worth today?

Last sold for AED 4,375,000 in 2024

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28 Nov 2024SoldReady
AED 4,375,000AED 2,512 per sqft
5 Apr 2023SoldReady
AED 4,150,000AED 2,383 per sqft
16 Oct 2022RentedNew contract
AED 250,000/yr12 months · AED 143 per sqft
8 Jan 2019Sold by developerOff-plan
AED 3,934,888AED 2,285 per sqft

Source: Dubai Land Department. Updated 28 November 2024.

Key facts

Type
2-bed apartment
Size
1,741 sqft
Floor
47th of 50
Parking
B3-99
Developer
Emaar
Completed
2020
Service charge
AED 35,600 /yr
Last sold
AED 4.38M · November 2024
Building
BLVD Heights 1

About 4701, BLVD Heights 1

4701 is a two-bedroom apartment of 1,741 sqft on the 47th floor of BLVD Heights 1, a 50-storey tower in Downtown Dubai completed in 2020 by Emaar. It last sold on 28 November 2024 for AED 4,375,000, or AED 2,512 per sqft, 11% above the AED 2,269 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 October 2022. The current contract, signed on 16 October 2022, is AED 250,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 35,600 a year.

Sales and rents for 4701 over time

Sales
Unit 4701, 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, January 2019: AED 3,934,888 (AED 2,285 per sqft)Sold, April 2023: AED 4,150,000 (AED 2,383 per sqft)Sold, November 2024: AED 4,375,000 (AED 2,512 per sqft)

4701 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4701, each contractTypical two-bed in BLVD Heights 1
100K200K2020202220242026Typical 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, October 2022: AED 250,000 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 4701 sits

All 147 2-beds →

4701 last sold in November 2024 at AED 2,512 per sqft, 11% above what two-beds in BLVD Heights 1 were fetching at the time (AED 2,269). 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. 4701's AED 250,000 is in the upper 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 47th floor

All 279 units in BLVD Heights 1
Value
47022-bedAED 3.75M · Nov 2024
47034-bedAED 10.21M · Apr 2021

4701, BLVD Heights 1 in numbers

  • Sold 3 times: first on 8 January 2019 for AED 3,934,888, last on 28 November 2024 for AED 4,375,000 (AED 2,512 per sqft).
  • Rented since October 2022 on one Ejari contract, at AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 35,600 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 28 November 2024.

Questions about 4701, BLVD Heights 1

What did unit 4701 last sell for?

AED 4,375,000 on 28 November 2024: AED 2,512 per sqft for 1,741 sqft. The unit has 3 registered sales; the first was AED 3,934,888 in January 2019.

What is the rent for unit 4701?

AED 250,000 a year on the contract signed on 16 October 2022.

How big is unit 4701?

1,741 sqft (161.7 sqm): a two-bedroom apartment on the 47th floor of a 50-storey tower completed in 2020.

What is unit 4701 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 4701, BLVD Heights 1

Starts from the last sale price (AED 4.38M, 28 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,375,000
Deposit, UAE resident (20%)
AED 875,000
Deposit, non-resident (40%)
AED 1,750,000
Monthly over 25 years at 3.7%
AED 17,899

Plus AED 188,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →