1,164 sqftBoulevard Central 1, Downtown Dubai · 12th floor · completed 2012

1201, Boulevard Central 1

Sold prices and rental history: sold 6 times, last in November 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 23 November 2016
Last soldAED 1.18M23 November 2016
Current rentAED 220K /yr14 September 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Boulevard Central 1

What is 1201 worth today?

Last sold for AED 1,175,000 in 2016

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23 Nov 2016SoldReady
AED 1,175,000AED 1,009 per sqft
14 Sep 2016RentedRenewal
AED 220,000/yr12 months · AED 189 per sqft
14 Sep 2015RentedRenewal
AED 140,000/yr12 months · AED 120 per sqft
14 Sep 2014RentedNew contract
AED 140,000/yr12 months · AED 120 per sqft
11 Sep 2014SoldReady
AED 2,900,000AED 2,490 per sqft
23 Jun 2013SoldReady
AED 2,535,000AED 2,176 per sqft
17 Apr 2013SoldReady
AED 1,939,888AED 1,665 per sqft
8 Jan 2013SoldOff-plan
AED 2,200,000AED 1,889 per sqft

Source: Dubai Land Department. Updated 23 November 2016.

Key facts

Type
Apartment
Size
1,164 sqft
Floor
12th of 24
Parking
B2-2017
Developer
Emaar
Completed
2012
Service charge
AED 28,200 /yr
Last sold
AED 1.18M · November 2016

About 1201, Boulevard Central 1

1201 is an apartment of 1,164 sqft on the 12th floor of Boulevard Central 1, a 24-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 23 November 2016 for AED 1,175,000, or AED 1,009 per sqft.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 14 September 2016, is AED 220,000 a year: a gross yield of 18.7% on the 2016 price, before the service charge of about AED 28,200 a year.

Boulevard Central 1

Building

184 apartments, 1-bed to 3-bed over 24 floors in Downtown Dubai, completed in 2012 by Emaar. 3 sold in the last 12 months.

Typical price per sqft
AED 2,076
Typical sale
AED 2.9M
Typical rent
AED 130K /yr
Typical yield
6.4%
Boulevard Central 1, Downtown Dubai: prices, sales and rents →

Other units on the 12th floor

All 184 units in Boulevard Central 1
Value
12022-bedAED 3.15M · Mar 2025
12031-bedAED 1.6M · Dec 2016
12041-bedAED 1.8M · Dec 2024
12052-bedAED 2.4M · May 2013
12061-bedAED 960K · Sep 2020
12071-bedAED 1.57M · Jun 2013
12081-bedAED 750K · May 2013
1–7 of 8

1201, Boulevard Central 1 in numbers

  • Sold 6 times: first on 25 December 2012 for AED 1,939,888, last on 23 November 2016 for AED 1,175,000 (AED 1,009 per sqft).
  • Rented since September 2014 on 3 Ejari contracts, from AED 140,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2016 price is 18.7%, before a service charge of about AED 28,200 a year (AED 24.19 per sqft).

Source: Dubai Land Department. Updated 23 November 2016.

Questions about 1201, Boulevard Central 1

What did unit 1201 last sell for?

AED 1,175,000 on 23 November 2016: AED 1,009 per sqft for 1,164 sqft. The unit has 6 registered sales; the first was AED 1,939,888 in December 2012.

What is the rent for unit 1201?

AED 220,000 a year on the contract renewed on 14 September 2016. The previous contract, from September 2015, was AED 140,000; the unit has been rented since September 2014.

How big is unit 1201?

1,164 sqft (108.1 sqm): an apartment on the 12th floor of a 24-storey tower completed in 2012.

What is unit 1201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1201, Boulevard Central 1

Starts from the last sale price (AED 1.18M, 23 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →