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2-bed · 1,636 sqftBLVD Heights 1, Downtown Dubai · 48th floor · completed 2020

4802, BLVD Heights 1

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

Unit 4802 · DLD and Ejari recordsUpdated 9 June 2021
Last soldAED 3.49M11 December 2019
Current rentAED 150K /yr9 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4802, BLVD Heights 1

What is 4802 worth today?

Last sold for AED 3,494,888 in 2019

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9 Jun 2021RentedNew contract
AED 150,000/yr12 months · AED 90 per sqft
11 Dec 2019Sold by developerOff-plan
AED 3,494,888AED 2,136 per sqft

Source: Dubai Land Department. Updated 9 June 2021.

Key facts

Type
2-bed apartment
Size
1,636 sqft
Floor
48th of 50
Parking
B1-59
Developer
Emaar
Completed
2020
Service charge
AED 33,400 /yr
Last sold
AED 3.49M · December 2019
Building
BLVD Heights 1

About 4802, BLVD Heights 1

4802 is a two-bedroom apartment of 1,636 sqft on the 48th floor of BLVD Heights 1, a 50-storey tower in Downtown Dubai completed in 2020 by Emaar. The developer sold it on 11 December 2019 for AED 3,494,888, or AED 2,136 per sqft, 8% above the AED 1,970 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 June 2021. The current contract, signed on 9 June 2021, is AED 150,000 a year: a gross yield of 4.3% on the 2019 price, before the service charge of about AED 33,400 a year.

Sales and rents for 4802 over time

Sales
Unit 4802, 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 2019: AED 3,494,888 (AED 2,136 per sqft)

4802 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4802, 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, June 2021: AED 150,000 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 4802 sits

All 147 2-beds →

4802 last sold in December 2019 at AED 2,136 per sqft, 8% above what two-beds in BLVD Heights 1 were fetching at the time (AED 1,970). 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. 4802's AED 150,000 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 48th floor

All 279 units in BLVD Heights 1
Value
48012-bedAED 3.94M · Dec 2018

4802, BLVD Heights 1 in numbers

  • Sold once: by Emaar on 11 December 2019 for AED 3,494,888, or AED 2,136 per sqft.
  • Rented since June 2021 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2019 price is 4.3%, 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 9 June 2021.

Questions about 4802, BLVD Heights 1

What did unit 4802 last sell for?

AED 3,494,888 on 11 December 2019, sold by the developer: AED 2,136 per sqft for 1,636 sqft. It is the only registered sale of the unit.

What is the rent for unit 4802?

AED 150,000 a year on the contract signed on 9 June 2021.

How big is unit 4802?

1,636 sqft (152.0 sqm): a two-bedroom apartment on the 48th floor of a 50-storey tower completed in 2020.

What is unit 4802 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 4802, BLVD Heights 1

Starts from the last sale price (AED 3.49M, 11 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,494,888
Deposit, UAE resident (20%)
AED 698,978
Deposit, non-resident (40%)
AED 1,397,955
Monthly over 25 years at 3.7%
AED 14,299

Plus AED 151,796 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →