2-bed · 1,411 sqftBoulevard Central 1, Downtown Dubai · 15th floor · completed 2012

1502, Boulevard Central 1

Sold prices and rental history: sold 3 times, last in March 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 2.77M24 March 2013
Current rentAED 133K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Boulevard Central 1

What is 1502 worth today?

Last sold for AED 2,770,000 in 2013

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1 Mar 2025RentedNew contract
AED 133,375/yr12 months · AED 95 per sqft
1 Mar 2022RentedRenewal
AED 115,500/yr12 months · AED 82 per sqft
29 Feb 2020RentedRenewal
AED 160,000/yr12 months · AED 113 per sqft
1 Mar 2018RentedRenewal
AED 185,000/yr12 months · AED 131 per sqft
24 Mar 2013SoldReady
AED 2,770,000AED 1,963 per sqft
25 Dec 2012SoldReady
AED 2,319,888AED 1,644 per sqft
18 Dec 2012Sold by developerOff-plan
AED 2,319,888AED 1,644 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
2-bed apartment
Size
1,411 sqft
Floor
15th of 24
Parking
B1-1008
Developer
Emaar
Completed
2012
Service charge
AED 34,100 /yr
Last sold
AED 2.77M · March 2013

About 1502, Boulevard Central 1

1502 is a two-bedroom apartment of 1,411 sqft on the 15th floor of Boulevard Central 1, a 24-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 24 March 2013 for AED 2,770,000, or AED 1,963 per sqft, 23% above the AED 1,590 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 March 2025, is AED 133,375 a year: a gross yield of 4.8% on the 2013 price, before the service charge of about AED 34,100 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical two-bed in Boulevard Central 1
2M3M2010201420182022Typical sale price by year: 2010 AED 2,060,388; 2012 AED 2,032,000; 2013 AED 2,180,888; 2014 AED 2,722,500; 2015 AED 2,900,000; 2016 AED 2,350,000; 2020 AED 1,315,000; 2021 AED 1,500,000; 2023 AED 2,190,000; 2024 AED 2,545,000Sold, December 2012: AED 2,319,888 (AED 1,644 per sqft)Sold by developer, December 2012: AED 2,319,888 (AED 1,644 per sqft)Sold, March 2013: AED 2,770,000 (AED 1,963 per sqft)

1502 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1502, each contractTypical two-bed in Boulevard Central 1
100K150K200K2013201720212025Typical rent by year: 2013 AED 135,000; 2014 AED 153,000; 2015 AED 160,000; 2016 AED 161,375; 2017 AED 152,175; 2018 AED 128,000; 2019 AED 116,500; 2020 AED 100,000; 2021 AED 95,000; 2022 AED 114,000; 2023 AED 130,000; 2024 AED 151,500; 2025 AED 160,000; 2026 AED 161,125Renewal, March 2018: AED 185,000 a yearRenewal, February 2020: AED 160,000 a yearRenewal, March 2022: AED 115,500 a yearNew contract, March 2025: AED 133,375 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 Boulevard Central 1, and where 1502 sits

All 61 2-beds →

1502 last sold in March 2013 at AED 1,963 per sqft, 23% above what two-beds in Boulevard Central 1 were fetching at the time (AED 1,590). Over the last 12 months two-beds sold for AED 2,900,000, around AED 2,076 per sqft, and rent for AED 136,620 to 191,000 a year. 1502's AED 133,375 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Jan 2026109,474
14 Jul 2025115,449
28 Apr 20252,690,000
19 Mar 20253,150,000
2 2-bed sales in the last 12 months

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 15th floor

All 184 units in Boulevard Central 1
Value
15012-bedAED 2.57M · Aug 2014
15031-bedAED 1.39M · Feb 2013
15041-bedAED 1.37M · Apr 2014
15052-bedAED 1.5M · May 2021
15061-bedAED 1.7M · Oct 2013
15071-bedAED 1.57M · Feb 2013
15081-bedAED 1.7M · Jan 2015
1–7 of 8

1502, Boulevard Central 1 in numbers

  • Sold 3 times: first on 18 December 2012 for AED 2,319,888, last on 24 March 2013 for AED 2,770,000 (AED 1,963 per sqft).
  • Rented since March 2018 on 4 Ejari contracts. The rent fell from AED 185,000 to AED 115,500 in 2022 and recovered to AED 133,375 by March 2025.
  • At AED 133,375 a year the gross yield on the 2013 price is 4.8%, before a service charge of about AED 34,100 a year (AED 24.19 per sqft).
  • Two-beds in Boulevard Central 1 sold for AED 2,900,000–2,900,000 in the 12 months to November 2026; the building's median across all types is AED 2,076 per sqft.

Source: Dubai Land Department. Updated 1 March 2025.

Questions about 1502, Boulevard Central 1

What did unit 1502 last sell for?

AED 2,770,000 on 24 March 2013: AED 1,963 per sqft for 1,411 sqft. The unit has 3 registered sales; the first was AED 2,319,888 in December 2012.

What is the rent for unit 1502?

AED 133,375 a year on the contract signed on 1 March 2025. The previous contract, from March 2022, was AED 115,500; the unit has been rented since March 2018.

How big is unit 1502?

1,411 sqft (131.1 sqm): a two-bedroom apartment on the 15th floor of a 24-storey tower completed in 2012.

What is unit 1502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Boulevard Central 1 sold for AED 2,900,000 to 2,900,000 in the last 12 months, around AED 2,076 per sqft.

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Mortgage on 1502, Boulevard Central 1

Starts from the last sale price (AED 2.77M, 24 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,770,000
Deposit, UAE resident (20%)
AED 554,000
Deposit, non-resident (40%)
AED 1,108,000
Monthly over 25 years at 3.7%
AED 11,333

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