Studio · 428 sqftBoulevard Central 2, Downtown Dubai · 7th floor · completed 2012

703, Boulevard Central 2

Sold prices and rental history: sold 4 times, last in June 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 30 September 2025
Last soldAED 765K20 June 2019
Current rentAED 65K /yr30 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Boulevard Central 2

What is 703 worth today?

Last sold for AED 765,000 in 2019

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30 Sep 2025RentedRenewal
AED 65,000/yr12 months · AED 155 per sqft
30 Sep 2024RentedRenewal
AED 63,000/yr12 months · AED 150 per sqft
30 Sep 2023RentedRenewal
AED 56,870/yr12 months · AED 132 per sqft
30 Sep 2022RentedRenewal
AED 51,700/yr12 months · AED 120 per sqft
27 Sep 2020RentedNew contract
AED 48,000/yr12 months · AED 111 per sqft
26 Sep 2019RentedNew contract
AED 70,350/yr12 months · AED 163 per sqft
20 Jun 2019SoldReady
AED 765,000AED 1,786 per sqft
26 Sep 2018RentedRenewal
AED 70,350/yr12 months · AED 164 per sqft

Source: Dubai Land Department. Updated 30 September 2025.

Key facts

Type
Studio apartment
Size
428 sqft
Floor
7th of 22
Parking
B3-3139
Developer
Emaar
Completed
2012
Service charge
AED 10,400 /yr
Last sold
AED 765K · June 2019

About 703, Boulevard Central 2

703 is a studio of 428 sqft on the 7th floor of Boulevard Central 2, a 22-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 20 June 2019 for AED 765,000, or AED 1,786 per sqft, in line with the AED 1,786 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 30 September 2025, is AED 65,000 a year: a gross yield of 8.5% on the 2019 price, before the service charge of about AED 10,400 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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 903,888 (AED 2,110 per sqft)Sold, March 2011: AED 451,944 (AED 7,289 per sqft)Sold, May 2013: AED 451,944 (AED 1,055 per sqft)Sold, June 2019: AED 765,000 (AED 1,786 per sqft)

703 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 703, 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, September 2014: AED 67,000 a yearNew contract, September 2015: AED 70,350 a yearRenewal, September 2016: AED 70,350 a yearRenewal, September 2017: AED 70,350 a yearRenewal, September 2018: AED 70,350 a yearNew contract, September 2019: AED 70,350 a yearNew contract, September 2020: AED 48,000 a yearRenewal, September 2022: AED 51,700 a yearRenewal, September 2023: AED 56,870 a yearRenewal, September 2024: AED 63,000 a yearRenewal, September 2025: AED 65,000 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 703 sits

All 32 studios →

703 last sold in June 2019 at AED 1,786 per sqft, in line with what studios in Boulevard Central 2 were fetching at the time (AED 1,786). 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. 703's AED 65,000 is at the bottom 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 7th floor

All 191 units in Boulevard Central 2
Value
7012-bedAED 3.55M · Jul 2013
7022-bedAED 3.43M · Apr 2013
704StudioAED 850K · May 2021
7051-bedAED 1.6M · Sep 2013
7061-bedAED 1.43M · Mar 2013
7071-bedAED 1.35M · Apr 2013
7081-bedAED 1.45M · May 2013
1–7 of 9

703, Boulevard Central 2 in numbers

  • Sold 4 times: first on 29 June 2010 for AED 903,888, last on 20 June 2019 for AED 765,000 (AED 1,786 per sqft).
  • Rented since September 2014 on 11 Ejari contracts. The rent fell from AED 67,000 to AED 48,000 in 2020 and recovered to AED 65,000 by September 2025.
  • At AED 65,000 a year the gross yield on the 2019 price is 8.5%, 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 30 September 2025.

Questions about 703, Boulevard Central 2

What did unit 703 last sell for?

AED 765,000 on 20 June 2019: AED 1,786 per sqft for 428 sqft. The unit has 4 registered sales; the first was AED 903,888 in June 2010.

What is the rent for unit 703?

AED 65,000 a year on the contract renewed on 30 September 2025. The previous contract, from September 2024, was AED 63,000; the unit has been rented since September 2014.

How big is unit 703?

428 sqft (39.8 sqm): a studio on the 7th floor of a 22-storey tower completed in 2012.

What is unit 703 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 703, Boulevard Central 2

Starts from the last sale price (AED 765K, 20 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 765,000
Deposit, UAE resident (20%)
AED 153,000
Deposit, non-resident (40%)
AED 306,000
Monthly over 25 years at 3.7%
AED 3,130

Plus AED 37,140 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →