2-bed · 1,164 sqftBoulevard Central 1, Downtown Dubai · 12th floor · completed 2012

1201, Boulevard Central 1

Sold prices and rental history: sold 6 times, last in November 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 23 November 2016
Last soldAED 1.18M23 November 2016
Current rentAED 220K /yr14 September 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Boulevard Central 1

What is 1201 worth today?

Last sold for AED 1,175,000 in 2016

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23 Nov 2016SoldReady
AED 1,175,000AED 1,009 per sqft
14 Sep 2016RentedRenewal
AED 220,000/yr12 months · AED 189 per sqft
14 Sep 2015RentedRenewal
AED 140,000/yr12 months · AED 120 per sqft
14 Sep 2014RentedNew contract
AED 140,000/yr12 months · AED 120 per sqft
11 Sep 2014SoldReady
AED 2,900,000AED 2,490 per sqft
23 Jun 2013SoldReady
AED 2,535,000AED 2,176 per sqft
17 Apr 2013SoldReady
AED 1,939,888AED 1,665 per sqft
8 Jan 2013SoldOff-plan
AED 2,200,000AED 1,889 per sqft

Source: Dubai Land Department. Updated 23 November 2016.

Key facts

Type
2-bed apartment
Size
1,164 sqft
Floor
12th of 24
Parking
B2-2017
Developer
Emaar
Completed
2012
Service charge
AED 28,200 /yr
Last sold
AED 1.18M · November 2016

About 1201, Boulevard Central 1

1201 is a two-bedroom apartment of 1,164 sqft on the 12th floor of Boulevard Central 1, a 24-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 23 November 2016 for AED 1,175,000, or AED 1,009 per sqft, 35% below the AED 1,543 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 14 September 2016, is AED 220,000 a year: a gross yield of 18.7% on the 2016 price, before the service charge of about AED 28,200 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical two-bed in Boulevard Central 1
1M2M3M20102014201820222026Typical sale price by year: 2010 AED 2,060,388; 2012 AED 2,032,000; 2013 AED 2,191,888; 2014 AED 2,836,888; 2015 AED 2,900,000; 2016 AED 1,925,000; 2020 AED 1,350,000; 2021 AED 1,500,000; 2023 AED 2,190,000; 2024 AED 2,545,000; 2025 AED 2,795,000Sold by developer, December 2012: AED 1,939,888 (AED 1,665 per sqft)Sold, January 2013: AED 2,200,000 (AED 1,889 per sqft)Sold, April 2013: AED 1,939,888 (AED 1,665 per sqft)Sold, June 2013: AED 2,535,000 (AED 2,176 per sqft)Sold, September 2014: AED 2,900,000 (AED 2,490 per sqft)Sold, November 2016: AED 1,175,000 (AED 1,009 per sqft)

1201 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, each contractTypical two-bed in Boulevard Central 1
100K200K2013201720212025Typical rent by year: 2013 AED 140,000; 2014 AED 153,000; 2015 AED 160,000; 2016 AED 162,750; 2017 AED 155,000; 2018 AED 130,000; 2019 AED 118,000; 2020 AED 100,000; 2021 AED 95,000; 2022 AED 110,000; 2023 AED 130,000; 2024 AED 151,500; 2025 AED 158,250; 2026 AED 150,500New contract, September 2014: AED 140,000 a yearRenewal, September 2015: AED 140,000 a yearRenewal, September 2016: AED 220,000 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 1, and where 1201 sits

All 64 2-beds →

1201 last sold in November 2016 at AED 1,009 per sqft, 35% below what two-beds in Boulevard Central 1 were fetching at the time (AED 1,543). Over the last 12 months two-beds sold for AED 2,700,000 to 2,900,000, around AED 2,076 per sqft, and rent for AED 50,000 to 210,000 a year. 1201's AED 220,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Sep 20262,700,000
27 Jul 202640,041
19 Jun 20262,750,000
7 Jan 2026109,474
5 2-bed sales in the last 12 months

Boulevard Central 1

Building

184 apartments, 1-bed to 3-bed over 24 floors in Downtown Dubai, completed in 2012 by Emaar. 10 sold in the last 12 months.

Typical price per sqft
AED 2,255 Up 1.0%
Typical sale
AED 2.6M
Typical rent
AED 120K /yr
Typical yield
5.6%
Boulevard Central 1, Downtown Dubai: prices, sales and rents →

Other units on the 12th floor

All 184 units in Boulevard Central 1
Value
12022-bedAED 3.15M · Mar 2025
12031-bedAED 1.6M · Dec 2016
12041-bedAED 1.8M · Dec 2024
12052-bedAED 2.4M · May 2013
12061-bedAED 960K · Sep 2020
12071-bedAED 1.57M · Jun 2013
12081-bedAED 750K · May 2013
1–7 of 8

1201, Boulevard Central 1 in numbers

  • Sold 6 times: first on 25 December 2012 for AED 1,939,888, last on 23 November 2016 for AED 1,175,000 (AED 1,009 per sqft).
  • Rented since September 2014 on 3 Ejari contracts, from AED 140,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2016 price is 18.7%, before a service charge of about AED 28,200 a year (AED 24.19 per sqft).
  • Two-beds in Boulevard Central 1 sold for AED 2,700,000–2,900,000 in the 12 months to November 2026; the building's median across all types is AED 2,255 per sqft.

Source: Dubai Land Department. Updated 23 November 2016.

Questions about 1201, Boulevard Central 1

What did unit 1201 last sell for?

AED 1,175,000 on 23 November 2016: AED 1,009 per sqft for 1,164 sqft. The unit has 6 registered sales; the first was AED 1,939,888 in December 2012.

What is the rent for unit 1201?

AED 220,000 a year on the contract renewed on 14 September 2016. The previous contract, from September 2015, was AED 140,000; the unit has been rented since September 2014.

How big is unit 1201?

1,164 sqft (108.1 sqm): a two-bedroom apartment on the 12th floor of a 24-storey tower completed in 2012.

What is unit 1201 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 1 sold for AED 2,700,000 to 2,900,000 in the last 12 months, around AED 2,076 per sqft.

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Mortgage on 1201, Boulevard Central 1

Starts from the last sale price (AED 1.18M, 23 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

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