Studio · 62 sqftBoulevard Central 2, Downtown Dubai · 10th floor · completed 2012

1003, Boulevard Central 2

Sold prices and rental history: sold twice, last in August 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 25 October 2019
Last soldAED 869K16 August 2010
Current rentAED 67K /yr25 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Boulevard Central 2

What is 1003 worth today?

Last sold for AED 868,888 in 2010

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25 Oct 2019RentedRenewal
AED 67,385/yr13 months · AED 157 per sqft
25 Oct 2015RentedNew contract
AED 80,000/yr12 months · AED 186 per sqft
1 Jun 2015RentedNew contract
AED 80,000/yr12 months · AED 186 per sqft
10 Nov 2014RentedNew contract
AED 78,000/yr12 months · AED 181 per sqft
16 Aug 2010SoldReady · flagged as an outlier
AED 868,888AED 14,014 per sqft
29 Jun 2010Sold by developerOff-plan
AED 868,888AED 2,028 per sqft

Source: Dubai Land Department. Updated 25 October 2019.

Key facts

Type
Studio apartment
Size
62 sqft
Floor
10th of 22
Parking
B3-3117
Developer
Emaar
Completed
2012
Service charge
AED 1,500 /yr
Last sold
AED 869K · August 2010

About 1003, Boulevard Central 2

1003 is a studio of 62 sqft on the 10th floor of Boulevard Central 2, a 22-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 16 August 2010 for AED 868,888, or AED 14,014 per sqft, 601% above the AED 1,998 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 25 October 2019, is AED 67,385 a year: a gross yield of 7.8% on the 2010 price, before the service charge of about AED 1,500 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical studio in Boulevard Central 2
500K1M20102013201620192022Typical sale price by year: 2010 AED 868,888; 2011 AED 437,444; 2012 AED 691,000; 2013 AED 855,388; 2014 AED 1,045,888; 2015 AED 840,000; 2016 AED 1,100,000; 2018 AED 1,060,000; 2019 AED 765,000; 2021 AED 862,500Sold by developer, June 2010: AED 868,888 (AED 2,028 per sqft)

1003 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1003, each contractTypical studio in Boulevard Central 2
40K60K80K2013201720212025Typical rent by year: 2013 AED 65,000; 2014 AED 75,000; 2015 AED 80,000; 2016 AED 75,175; 2017 AED 75,000; 2018 AED 64,500; 2019 AED 60,000; 2020 AED 45,000; 2021 AED 45,000; 2022 AED 58,000; 2023 AED 67,500; 2024 AED 73,260; 2025 AED 75,000New contract, November 2014: AED 78,000 a yearNew contract, June 2015: AED 80,000 a yearNew contract, October 2015: AED 80,000 a yearRenewal, October 2019: AED 67,385 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Boulevard Central 2, and where 1003 sits

All 32 studios →

1003 last sold in August 2010 at AED 14,014 per sqft, 601% above what studios in Boulevard Central 2 were fetching at the time (AED 1,998). Over the last 12 months studios sold for AED 1,270,000, around AED 2,965 per sqft, and rent for AED 66,851 to 78,000 a year. 1003's AED 67,385 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Jan 20261,270,000
16 Jul 20251,360,000
11 Jun 20241,100,000
3 Jun 20241,350,000
1 studio sale in the last 12 months

Boulevard Central 2

Building

191 apartments, studios to 3-bed over 22 floors in Downtown Dubai, completed in 2012 by Emaar. 8 sold in the last 12 months.

Typical price per sqft
AED 2,156
Typical sale
AED 1.93M
Typical rent
AED 125K /yr
Typical yield
5.9%
Boulevard Central 2, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 191 units in Boulevard Central 2
Value
10012-bedAED 1.89M · May 2013
1002AED 2.23M · Jan 2013
1004StudioAED 869K · Jun 2010
10051-bedAED 1.15M · Nov 2021
10061-bedAED 1.2M · Oct 2022
10071-bedAED 450K · Mar 2013
10081-bedAED 1.65M · Feb 2023
1–7 of 9

1003, Boulevard Central 2 in numbers

  • Sold twice: first on 29 June 2010 for AED 868,888, last on 16 August 2010 for AED 868,888 (AED 14,014 per sqft).
  • Rented since November 2014 on 4 Ejari contracts, from AED 78,000 to AED 67,385 a year.
  • At AED 67,385 a year the gross yield on the 2010 price is 7.8%, before a service charge of about AED 1,500 a year (AED 24.19 per sqft).
  • Studios in Boulevard Central 2 sold for AED 1,270,000–1,270,000 in the 12 months to November 2026; the building's median across all types is AED 2,156 per sqft.

Source: Dubai Land Department. Updated 25 October 2019.

Questions about 1003, Boulevard Central 2

What did unit 1003 last sell for?

AED 868,888 on 16 August 2010: AED 14,014 per sqft for 62 sqft. The unit has 2 registered sales; the first was AED 868,888 in June 2010.

What is the rent for unit 1003?

AED 67,385 a year on the contract renewed on 25 October 2019. The previous contract, from October 2015, was AED 80,000; the unit has been rented since November 2014.

How big is unit 1003?

62 sqft (5.8 sqm): a studio on the 10th floor of a 22-storey tower completed in 2012.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Boulevard Central 2 sold for AED 1,270,000 to 1,270,000 in the last 12 months, around AED 2,965 per sqft.

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Mortgage on 1003, Boulevard Central 2

Starts from the last sale price (AED 869K, 16 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 868,888
Deposit, UAE resident (20%)
AED 173,778
Deposit, non-resident (40%)
AED 347,555
Monthly over 25 years at 3.7%
AED 3,555

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