505, Boulevard Central 1
Sold prices and rental history: sold 4 times, last in January 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Boulevard Central 1
What is 505 worth today?
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Source: Dubai Land Department. Updated 8 August 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,148 sqft
- Floor
- 5th of 24
- Parking
- B2-2005
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 27,800 /yr
- Last sold
- AED 2.9M · January 2015
- Building
- Boulevard Central 1
About 505, Boulevard Central 1
505 is a two-bedroom apartment of 1,148 sqft on the 5th floor of Boulevard Central 1, a 24-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 4 January 2015 for AED 2,900,000, or AED 2,526 per sqft, 14% above the AED 2,220 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 8 August 2021, is AED 75,000 a year: a gross yield of 2.6% on the 2015 price, before the service charge of about AED 27,800 a year.
Sales and rents for 505 over time
505 has sold 4 times; 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 Boulevard Central 1, and where 505 sits
All 61 2-beds →505 last sold in January 2015 at AED 2,526 per sqft, 14% above what two-beds in Boulevard Central 1 were fetching at the time (AED 2,220). 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. 505's AED 75,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jan 20267 January 2026 | 1,160 sqft | 109,474 | 94 | ||
| 14 Jul 202514 July 2025 | 1,160 sqft | 115,449 | 99 | ||
| 28 Apr 202528 April 2025 | 1,160 sqft | 2,690,000 | 2,319 | ||
| 19 Mar 202519 March 2025 | 1,411 sqft | 3,150,000 | 2,232 |
Boulevard Central 1
Building184 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%
Other units on the 5th floor
All 184 units in Boulevard Central 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,167 sqft | AED 1.85MAED 1,850,000 · Dec 2022December 2022 | 110,000 /yr | |
| 502 | 2-bed | 1,421 sqft | AED 2.51MAED 2,512,500 · Jul 2024July 2024 | 173,250 /yr | |
| 503 | 1-bed | 839 sqft | AED 1.32MAED 1,323,888 · Jan 2014January 2014 | 99,000 /yr | |
| 504 | 876 sqft | AED 1.67MAED 1,673,000 · Oct 2025October 2025 | 62,000 /yr | ||
| 507 | 1-bed | 974 sqft | AED 1.26MAED 1,260,000 · May 2021May 2021 | 112,000 /yr | |
| 508 | 1-bed | 806 sqft | AED 1.32MAED 1,320,888 · Sep 2013September 2013 | 82,000 /yr | |
| 509 | 1-bed | 757 sqft | AED 3.27MAED 3,270,888 · Jun 2010June 2010 |
505, Boulevard Central 1 in numbers
- Sold 4 times: first on 29 June 2010 for AED 2,068,888, last on 4 January 2015 for AED 2,900,000 (AED 2,526 per sqft).
- Rented since February 2016 on 6 Ejari contracts, from AED 150,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2015 price is 2.6%, before a service charge of about AED 27,800 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 8 August 2021.
Questions about 505, Boulevard Central 1
What did unit 505 last sell for?
AED 2,900,000 on 4 January 2015: AED 2,526 per sqft for 1,148 sqft. The unit has 4 registered sales; the first was AED 2,068,888 in June 2010.
What is the rent for unit 505?
AED 75,000 a year on the contract renewed on 8 August 2021. The previous contract, from August 2020, was AED 75,000; the unit has been rented since February 2016.
How big is unit 505?
1,148 sqft (106.7 sqm): a two-bedroom apartment on the 5th floor of a 24-storey tower completed in 2012.
What is unit 505 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 505, Boulevard Central 1
Starts from the last sale price (AED 2.9M, 4 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus AED 126,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →