506, 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.
Property timeline for 506, BLVD Heights 1
What is 506 worth today?
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Source: Dubai Land Department. Updated 3 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,739 sqft
- Floor
- 5th of 50
- Parking
- B3-104
- Developer
- Emaar
- Completed
- 2020
- Service charge
- AED 35,500 /yr
- Last sold
- AED 3.59M · December 2014
- Building
- BLVD Heights 1
About 506, BLVD Heights 1
506 is a two-bedroom apartment of 1,739 sqft on the 5th floor of BLVD Heights 1, a 50-storey tower in Downtown Dubai completed in 2020 by Emaar. The developer sold it on 3 December 2014 for AED 3,591,888, or AED 2,064 per sqft, 10% above the AED 1,880 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 3 August 2025, is AED 200,000 a year: a gross yield of 5.6% on the 2014 price, before the service charge of about AED 35,500 a year.
Sales and rents for 506 over time
506 has sold once; the dashed line is the two-bed median of each year in the building.
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 506 sits
All 147 2-beds →506 last sold in December 2014 at AED 2,064 per sqft, 10% above what two-beds in BLVD Heights 1 were fetching at the time (AED 1,880). 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. 506's AED 200,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 1,665 sqft | 4,850,000 | 2,913 | ||
| 7 Jan 20267 January 2026 | 1,739 sqft | 3,925,000 | 2,256 | ||
| 29 Jul 202529 July 2025 | 1,639 sqft | 3,675,000 | 2,241 | ||
| 1 Jul 20251 July 2025 | 1,664 sqft | 3,850,000 | 2,313 |
BLVD Heights 1
Building279 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%
Other units on the 5th floor
All 279 units in BLVD Heights 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,741 sqft | AED 4.09MAED 4,090,000 · Apr 2025April 2025 | 185,000 /yr | |
| 502 | 2-bed | 1,332 sqft | AED 3.01MAED 3,012,888 · Jun 2015June 2015 | ||
| 503 | 1-bed | 920 sqft | AED 1.68MAED 1,675,000 · Jul 2022July 2022 | ||
| 504 | 1-bed | 888 sqft | AED 1.81MAED 1,805,888 · Jan 2015January 2015 | 130,000 /yr | |
| 505 | 2-bed | 1,639 sqft | AED 3.05MAED 3,050,000 · Aug 2023August 2023 | 115,000 /yr | |
| 507 | 2-bed | 1,405 sqft | AED 3.09MAED 3,091,888 · Dec 2014December 2014 |
506, BLVD Heights 1 in numbers
- Sold once: by Emaar on 3 December 2014 for AED 3,591,888, or AED 2,064 per sqft.
- Rented since January 2021 on 4 Ejari contracts, from AED 125,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2014 price is 5.6%, before a service charge of about AED 35,500 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 3 August 2025.
Questions about 506, BLVD Heights 1
What did unit 506 last sell for?
AED 3,591,888 on 3 December 2014, sold by the developer: AED 2,064 per sqft for 1,739 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 200,000 a year on the contract renewed on 3 August 2025. The previous contract, from August 2024, was AED 200,000; the unit has been rented since January 2021.
How big is unit 506?
1,739 sqft (161.6 sqm): a two-bedroom apartment on the 5th floor of a 50-storey tower completed in 2020.
What is unit 506 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 506, BLVD Heights 1
Starts from the last sale price (AED 3.59M, 3 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 3,591,888
- Deposit, UAE resident (20%)
- AED 718,378
- Deposit, non-resident (40%)
- AED 1,436,755
- Monthly over 25 years at 3.7%
- AED 14,696
Plus AED 155,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →