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Studio · 445 sqftBoulevard Central 2, Downtown Dubai · 7th floor · completed 2012

704, Boulevard Central 2

Sold prices and rental history: sold 5 times, last in May 2021, and rented once, from April 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 30 May 2021
Last soldAED 850K30 May 2021
Current rentAED 85K /yr30 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 704, Boulevard Central 2

What is 704 worth today?

Last sold for AED 850,000 in 2021

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30 May 2021SoldReady
AED 850,000AED 1,910 per sqft
22 Mar 2018SoldReady
AED 1,060,000AED 2,382 per sqft
30 Apr 2015RentedNew contract
AED 85,000/yr12 months · AED 193 per sqft
26 Nov 2014SoldReady
AED 650,000AED 1,461 per sqft
22 Aug 2013SoldReady
AED 859,888AED 1,932 per sqft
29 Jun 2010Sold by developerOff-plan
AED 859,888AED 1,932 per sqft

Source: Dubai Land Department. Updated 30 May 2021.

Key facts

Type
Studio apartment
Size
445 sqft
Floor
7th of 22
Parking
B3-3140
Developer
Emaar
Completed
2012
Service charge
AED 10,800 /yr
Last sold
AED 850K · May 2021
Building
Boulevard Central 2

About 704, Boulevard Central 2

704 is a studio of 445 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 30 May 2021 for AED 850,000, or AED 1,910 per sqft.

One Ejari contract is registered, from 30 April 2015. The current contract, signed on 30 April 2015, is AED 85,000 a year: a gross yield of 10.0% on the 2021 price, before the service charge of about AED 10,800 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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 859,888 (AED 1,932 per sqft)Sold, August 2013: AED 859,888 (AED 1,932 per sqft)Sold, November 2014: AED 650,000 (AED 1,461 per sqft)Sold, March 2018: AED 1,060,000 (AED 2,382 per sqft)Sold, May 2021: AED 850,000 (AED 1,910 per sqft)

704 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 704, 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, April 2015: AED 85,000 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 704 sits

All 32 studios →

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. 704's AED 85,000 is at the top 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
703StudioAED 765K · Jun 2019
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

704, Boulevard Central 2 in numbers

  • Sold 5 times: first on 29 June 2010 for AED 859,888, last on 30 May 2021 for AED 850,000 (AED 1,910 per sqft).
  • Rented since April 2015 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 10.0%, before a service charge of about AED 10,800 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 May 2021.

Questions about 704, Boulevard Central 2

What did unit 704 last sell for?

AED 850,000 on 30 May 2021: AED 1,910 per sqft for 445 sqft. The unit has 5 registered sales; the first was AED 859,888 in June 2010.

What is the rent for unit 704?

AED 85,000 a year on the contract signed on 30 April 2015.

How big is unit 704?

445 sqft (41.3 sqm): a studio on the 7th floor of a 22-storey tower completed in 2012.

What is unit 704 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 704, Boulevard Central 2

Starts from the last sale price (AED 850K, 30 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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