1503, Boulevard Central 2
Sold prices and rental history: sold 3 times, last in April 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Boulevard Central 2
What is 1503 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 428 sqft
- Floor
- 15th of 22
- Parking
- B3-3127
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 10,400 /yr
- Last sold
- AED 1.16M · April 2017
- Building
- Boulevard Central 2
About 1503, Boulevard Central 2
1503 is a studio of 428 sqft on the 15th floor of Boulevard Central 2, a 22-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 12 April 2017 for AED 1,160,000, or AED 2,708 per sqft, 5% above the AED 2,570 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 76,000 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 10,400 a year.
Sales and rents for 1503 over time
1503 has sold 3 times; the dashed line is the studio median of each year in the building.
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 1503 sits
All 32 studios →1503 last sold in April 2017 at AED 2,708 per sqft, 5% above what studios in Boulevard Central 2 were fetching at the time (AED 2,570). 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. 1503's AED 76,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jan 202616 January 2026 | 428 sqft | 1,270,000 | 2,965 | ||
| 16 Jul 202516 July 2025 | 445 sqft | 1,360,000 | 3,057 | ||
| 11 Jun 202411 June 2024 | 469 sqft | 1,100,000 | 2,343 | ||
| 3 Jun 20243 June 2024 | 445 sqft | 1,350,000 | 3,034 |
Boulevard Central 2
Building191 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%
Other units on the 15th floor
All 191 units in Boulevard Central 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,284 sqft | AED 2.5MAED 2,500,000 · Jun 2022June 2022 | 195,000 /yr | |
| 1502 | 2-bed | 1,329 sqft | AED 2.7MAED 2,700,888 · Oct 2013October 2013 | 148,500 /yr | |
| 1504 | Studio | 78 sqft | AED 840KAED 840,000 · Jan 2013January 2013 | 66,851 /yr | |
| 1505 | 1-bed | 818 sqft | AED 1.34MAED 1,337,888 · Jun 2013June 2013 | 105,000 /yr | |
| 1506 | 1-bed | 915 sqft | AED 1.46MAED 1,463,888 · Jun 2010June 2010 | 112,000 /yr | |
| 1507 | 1-bed | 781 sqft | AED 942KAED 941,975 · Nov 2019November 2019 | 95,000 /yr | |
| 1508 | 1-bed | 980 sqft | AED 1.47MAED 1,471,888 · Jan 2013January 2013 | 125,000 /yr | |
| 1509 | 2-bed | 1,265 sqft | AED 2.83MAED 2,825,000 · Mar 2025March 2025 | 159,000 /yr | |
| 1510 | 1-bed | 923 sqft | AED 1.86MAED 1,860,000 · Mar 2024March 2024 | 135,000 /yr |
1503, Boulevard Central 2 in numbers
- Sold 3 times: first on 29 June 2010 for AED 883,888, last on 12 April 2017 for AED 1,160,000 (AED 2,708 per sqft).
- Rented since July 2017 on 6 Ejari contracts. The rent fell from AED 77,000 to AED 46,000 in 2021 and recovered to AED 76,000 by September 2024.
- At AED 76,000 a year the gross yield on the 2017 price is 6.6%, before a service charge of about AED 10,400 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 1 September 2024.
Questions about 1503, Boulevard Central 2
What did unit 1503 last sell for?
AED 1,160,000 on 12 April 2017: AED 2,708 per sqft for 428 sqft. The unit has 3 registered sales; the first was AED 883,888 in June 2010.
What is the rent for unit 1503?
AED 76,000 a year on the contract renewed on 1 September 2024. The previous contract, from April 2022, was AED 52,000; the unit has been rented since July 2017.
How big is unit 1503?
428 sqft (39.8 sqm): a studio on the 15th floor of a 22-storey tower completed in 2012.
What is unit 1503 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 1503, Boulevard Central 2
Starts from the last sale price (AED 1.16M, 12 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,160,000
- Deposit, UAE resident (20%)
- AED 232,000
- Deposit, non-resident (40%)
- AED 464,000
- Monthly over 25 years at 3.7%
- AED 4,746
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →