2-bed · 1,265 sqftBoulevard Central 2, Downtown Dubai · 5th floor · completed 2012

509, Boulevard Central 2

Sold prices and rental history: sold 4 times, last in February 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 11 February 2025
Last soldAED 2.53M11 February 2025
Current rentAED 155K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Boulevard Central 2

What is 509 worth today?

Last sold for AED 2,530,000 in 2025

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11 Feb 2025SoldReady
AED 2,530,000AED 1,999 per sqft
1 Nov 2023RentedNew contract
AED 155,000/yr12 months · AED 122 per sqft
24 Oct 2022SoldReady
AED 1,700,000AED 1,343 per sqft
20 Sep 2021RentedRenewal
AED 105,000/yr12 months · AED 83 per sqft
20 Sep 2020RentedRenewal
AED 85,000/yr12 months · AED 67 per sqft
20 Sep 2018RentedNew contract
AED 122,000/yr12 months · AED 96 per sqft
14 Sep 2017RentedRenewal
AED 135,000/yr12 months · AED 106 per sqft
1 Jul 2015RentedRenewal
AED 168,000/yr12 months · AED 132 per sqft

Source: Dubai Land Department. Updated 11 February 2025.

Key facts

Type
2-bed apartment
Size
1,265 sqft
Floor
5th of 22
Parking
B1-1051
Developer
Emaar
Completed
2012
Service charge
AED 30,600 /yr
Last sold
AED 2.53M · February 2025

About 509, Boulevard Central 2

509 is a two-bedroom apartment of 1,265 sqft on the 5th floor of Boulevard Central 2, a 22-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 11 February 2025 for AED 2,530,000, or AED 1,999 per sqft, 6% below the AED 2,135 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 1 November 2023, is AED 155,000 a year: a gross yield of 6.1% on the 2025 price, before the service charge of about AED 30,600 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical two-bed in Boulevard Central 2
2M3M20102014201820222026Typical sale price by year: 2010 AED 2,068,888; 2012 AED 2,042,888; 2013 AED 2,174,444; 2014 AED 2,550,000; 2015 AED 3,600,000; 2016 AED 3,025,000; 2021 AED 1,825,000; 2022 AED 2,075,000; 2023 AED 2,475,000; 2024 AED 2,922,944; 2025 AED 2,750,000Sold by developer, July 2010: AED 2,115,888 (AED 1,672 per sqft)Sold, August 2013: AED 2,115,888 (AED 1,672 per sqft)Sold, October 2022: AED 1,700,000 (AED 1,343 per sqft)Sold, February 2025: AED 2,530,000 (AED 1,999 per sqft)

509 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 509, each contractTypical two-bed in Boulevard Central 2
100K150K2012201620202024Typical rent by year: 2013 AED 145,000; 2014 AED 161,250; 2015 AED 166,500; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 131,500; 2019 AED 120,000; 2020 AED 95,000; 2021 AED 97,750; 2022 AED 115,500; 2023 AED 137,500; 2024 AED 160,875; 2025 AED 160,000; 2026 AED 180,000New contract, December 2012: AED 115,000 a yearNew contract, December 2013: AED 115,000 a yearNew contract, July 2014: AED 160,000 a yearRenewal, July 2015: AED 168,000 a yearRenewal, September 2017: AED 135,000 a yearNew contract, September 2018: AED 122,000 a yearRenewal, September 2020: AED 85,000 a yearRenewal, September 2021: AED 105,000 a yearNew contract, November 2023: AED 155,000 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 2, and where 509 sits

All 50 2-beds →

509 last sold in February 2025 at AED 1,999 per sqft, 6% below what two-beds in Boulevard Central 2 were fetching at the time (AED 2,135). Over the last 12 months two-beds sold for AED 2,850,000, around AED 2,219 per sqft, and rent for AED 136,879 to 215,000 a year. 509's AED 155,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 May 20252,800,000
15 Apr 20252,700,000
17 Mar 20252,825,000
26 Dec 20243,220,000
1 2-bed 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 5th floor

All 191 units in Boulevard Central 2
Value
5012-bedAED 2.95M · Jan 2013
5022-bedAED 3.28M · Apr 2013
503StudioAED 1.13M · May 2015
504StudioAED 780K · Mar 2019
5051-bedAED 1.9M · Feb 2014
5061-bedAED 1.67M · May 2016
507AED 1.19M · Aug 2025
1–7 of 9

509, Boulevard Central 2 in numbers

  • Sold 4 times: first on 14 July 2010 for AED 2,115,888, last on 11 February 2025 for AED 2,530,000 (AED 1,999 per sqft).
  • Rented since December 2012 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 85,000 in 2020 and recovered to AED 155,000 by November 2023.
  • At AED 155,000 a year the gross yield on the 2025 price is 6.1%, before a service charge of about AED 30,600 a year (AED 24.19 per sqft).
  • Two-beds in Boulevard Central 2 sold for AED 2,850,000–2,850,000 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 11 February 2025.

Questions about 509, Boulevard Central 2

What did unit 509 last sell for?

AED 2,530,000 on 11 February 2025: AED 1,999 per sqft for 1,265 sqft. The unit has 4 registered sales; the first was AED 2,115,888 in July 2010.

What is the rent for unit 509?

AED 155,000 a year on the contract signed on 1 November 2023. The previous contract, from September 2021, was AED 105,000; the unit has been rented since December 2012.

How big is unit 509?

1,265 sqft (117.5 sqm): a two-bedroom apartment on the 5th floor of a 22-storey tower completed in 2012.

What is unit 509 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 2 sold for AED 2,850,000 to 2,850,000 in the last 12 months, around AED 2,219 per sqft.

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Mortgage on 509, Boulevard Central 2

Starts from the last sale price (AED 2.53M, 11 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,530,000
Deposit, UAE resident (20%)
AED 506,000
Deposit, non-resident (40%)
AED 1,012,000
Monthly over 25 years at 3.7%
AED 10,351

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