1-bed · 838 sqftBoulevard Central 1, Downtown Dubai · 12th floor · completed 2012

1203, Boulevard Central 1

Sold prices and rental history: sold 5 times, last in December 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 14 October 2026
Last soldAED 1.6M25 December 2016
Current rentAED 85K /yr14 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Boulevard Central 1

What is 1203 worth today?

Last sold for AED 1,600,000 in 2016

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14 Oct 2026RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
3 Jul 2025RentedNew contract
AED 100,000/yr12 months · AED 119 per sqft
3 Jul 2025RentedNew contract
AED 100,000/yr12 months · AED 119 per sqft
27 Apr 2024RentedRenewal
AED 128,000/yr12 months · AED 154 per sqft
27 Apr 2023RentedRenewal
AED 110,000/yr12 months · AED 131 per sqft
27 Apr 2022RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
24 Apr 2021RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
15 Feb 2020RentedRenewal
AED 80,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 14 October 2026.

Key facts

Type
1-bed apartment
Size
838 sqft
Floor
12th of 24
Parking
B3-3006
Developer
Emaar
Completed
2012
Service charge
AED 20,300 /yr
Last sold
AED 1.6M · December 2016

About 1203, Boulevard Central 1

1203 is a one-bedroom apartment of 838 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 25 December 2016 for AED 1,600,000, or AED 1,909 per sqft, 4% below the AED 1,981 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 14 October 2026, is AED 85,000 a year: a gross yield of 5.3% on the 2016 price, before the service charge of about AED 20,300 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical one-bed in Boulevard Central 1
1M2M2010201520202025Typical sale price by year: 2010 AED 1,353,888; 2011 AED 659,444; 2012 AED 1,284,944; 2013 AED 1,348,888; 2014 AED 1,381,388; 2015 AED 1,750,000; 2016 AED 1,557,000; 2017 AED 1,500,000; 2018 AED 1,342,500; 2019 AED 1,350,000; 2020 AED 1,000,000; 2021 AED 1,100,000; 2023 AED 1,500,000; 2024 AED 1,600,000; 2025 AED 1,987,500; 2026 AED 2,200,000Sold by developer, June 2010: AED 1,358,888 (AED 1,621 per sqft)Sold, March 2013: AED 1,300,000 (AED 1,551 per sqft)Sold, March 2013: AED 1,358,888 (AED 1,621 per sqft)Sold, May 2013: AED 800,000 (AED 954 per sqft)Sold, December 2016: AED 1,600,000 (AED 1,909 per sqft)

1203 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, each contractTypical one-bed in Boulevard Central 1
50K100K2012201620202024Typical rent by year: 2012 AED 89,000; 2013 AED 90,000; 2014 AED 105,000; 2015 AED 110,000; 2016 AED 105,000; 2017 AED 103,750; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 71,500; 2021 AED 67,000; 2022 AED 80,000; 2023 AED 90,000; 2024 AED 105,000; 2025 AED 108,150; 2026 AED 105,000New contract, September 2013: AED 90,000 a yearNew contract, December 2014: AED 115,000 a yearNew contract, January 2016: AED 105,000 a yearNew contract, February 2018: AED 95,000 a yearNew contract, February 2019: AED 83,000 a yearRenewal, February 2020: AED 80,000 a yearNew contract, April 2021: AED 60,000 a yearNew contract, April 2022: AED 85,000 a yearRenewal, April 2023: AED 110,000 a yearRenewal, April 2024: AED 128,000 a yearNew contract, July 2025: AED 100,000 a yearNew contract, July 2025: AED 100,000 a yearNew contract, October 2026: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Boulevard Central 1, and where 1203 sits

All 116 1-beds →

1203 last sold in December 2016 at AED 1,909 per sqft, 4% below what one-beds in Boulevard Central 1 were fetching at the time (AED 1,981). Over the last 12 months one-beds sold for AED 2,115,000 to 2,500,000, around AED 2,758 per sqft, and rent for AED 80,000 to 150,000 a year. 1203's AED 85,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Aug 202612,088
10 Apr 20262,115,000
30 Mar 20262,500,000
27 Feb 20262,200,000
5 1-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
12012-bedAED 1.18M · Nov 2016
12022-bedAED 3.15M · Mar 2025
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

1203, Boulevard Central 1 in numbers

  • Sold 5 times: first on 29 June 2010 for AED 1,358,888, last on 25 December 2016 for AED 1,600,000 (AED 1,909 per sqft).
  • Rented since September 2013 on 13 Ejari contracts. The rent fell from AED 90,000 to AED 60,000 in 2021 and recovered to AED 85,000 by October 2026.
  • At AED 85,000 a year the gross yield on the 2016 price is 5.3%, before a service charge of about AED 20,300 a year (AED 24.19 per sqft).
  • One-beds in Boulevard Central 1 sold for AED 2,115,000–2,500,000 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 14 October 2026.

Questions about 1203, Boulevard Central 1

What did unit 1203 last sell for?

AED 1,600,000 on 25 December 2016: AED 1,909 per sqft for 838 sqft. The unit has 5 registered sales; the first was AED 1,358,888 in June 2010.

What is the rent for unit 1203?

AED 85,000 a year on the contract signed on 14 October 2026. The previous contract, from July 2025, was AED 100,000; the unit has been rented since September 2013.

How big is unit 1203?

838 sqft (77.9 sqm): a one-bedroom apartment on the 12th floor of a 24-storey tower completed in 2012.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Boulevard Central 1 sold for AED 2,115,000 to 2,500,000 in the last 12 months, around AED 2,758 per sqft.

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Mortgage on 1203, Boulevard Central 1

Starts from the last sale price (AED 1.6M, 25 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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