1-bed · 757 sqftBoulevard Central 1, Downtown Dubai · 14th floor · completed 2012

1409, Boulevard Central 1

Sold prices and rental history: sold once, by the developer in June 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1409 · DLD and Ejari recordsUpdated 9 January 2024
Last soldAED 1.49M9 June 2013
Current rentAED 105K /yr9 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1409, Boulevard Central 1

What is 1409 worth today?

Last sold for AED 1,489,888 in 2013

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9 Jan 2024RentedNew contract
AED 105,000/yr12 months · AED 139 per sqft
1 Sep 2022RentedRenewal
AED 75,000/yr12 months · AED 100 per sqft
1 Sep 2021RentedRenewal
AED 65,000/yr12 months · AED 86 per sqft
1 Sep 2020RentedNew contract
AED 62,000/yr12 months · AED 82 per sqft
30 May 2017RentedNew contract
AED 95,000/yr12 months · AED 126 per sqft
24 Mar 2016RentedNew contract
AED 115,000/yr12 months · AED 153 per sqft
15 Nov 2014RentedNew contract
AED 115,000/yr12 months · AED 153 per sqft
7 Nov 2013RentedNew contract
AED 100,000/yr12 months · AED 133 per sqft

Source: Dubai Land Department. Updated 9 January 2024.

Key facts

Type
1-bed apartment
Size
757 sqft
Floor
14th of 24
Parking
B3-3095
Developer
Emaar
Completed
2012
Service charge
AED 18,300 /yr
Last sold
AED 1.49M · June 2013

About 1409, Boulevard Central 1

1409 is a one-bedroom apartment of 757 sqft on the 14th floor of Boulevard Central 1, a 24-storey tower in Downtown Dubai completed in 2012 by Emaar. The developer sold it on 9 June 2013 for AED 1,489,888, or AED 1,968 per sqft, 21% above the AED 1,622 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 9 January 2024, is AED 105,000 a year: a gross yield of 7.0% on the 2013 price, before the service charge of about AED 18,300 a year.

Sales and rents for 1409 over time

Sales
Unit 1409, 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 2013: AED 1,489,888 (AED 1,968 per sqft)

1409 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1409, each contractTypical one-bed in Boulevard Central 1
75K100K2012201620202024Typical 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, November 2013: AED 100,000 a yearNew contract, November 2014: AED 115,000 a yearNew contract, March 2016: AED 115,000 a yearNew contract, May 2017: AED 95,000 a yearNew contract, September 2020: AED 62,000 a yearRenewal, September 2021: AED 65,000 a yearRenewal, September 2022: AED 75,000 a yearNew contract, January 2024: AED 105,000 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 1409 sits

All 116 1-beds →

1409 last sold in June 2013 at AED 1,968 per sqft, 21% above what one-beds in Boulevard Central 1 were fetching at the time (AED 1,622). 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. 1409's AED 105,000 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 14th floor

All 184 units in Boulevard Central 1
Value
14012-bedAED 3M · Mar 2014
14022-bedAED 2.35M · Nov 2023
14031-bedAED 1.6M · Feb 2019
14041-bedAED 1.37M · Jul 2013
14052-bedAED 2.03M · Nov 2013
14061-bedAED 935K · Jan 2021
14071-bedAED 2.05M · Oct 2025
1–7 of 8

1409, Boulevard Central 1 in numbers

  • Sold once: by Emaar on 9 June 2013 for AED 1,489,888, or AED 1,968 per sqft.
  • Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 62,000 in 2020 and recovered to AED 105,000 by January 2024.
  • At AED 105,000 a year the gross yield on the 2013 price is 7.0%, before a service charge of about AED 18,300 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 9 January 2024.

Questions about 1409, Boulevard Central 1

What did unit 1409 last sell for?

AED 1,489,888 on 9 June 2013, sold by the developer: AED 1,968 per sqft for 757 sqft. It is the only registered sale of the unit.

What is the rent for unit 1409?

AED 105,000 a year on the contract signed on 9 January 2024. The previous contract, from September 2022, was AED 75,000; the unit has been rented since November 2013.

How big is unit 1409?

757 sqft (70.3 sqm): a one-bedroom apartment on the 14th floor of a 24-storey tower completed in 2012.

What is unit 1409 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 1409, Boulevard Central 1

Starts from the last sale price (AED 1.49M, 9 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,489,888
Deposit, UAE resident (20%)
AED 297,978
Deposit, non-resident (40%)
AED 595,955
Monthly over 25 years at 3.7%
AED 6,096

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