2-bed · 1,164 sqftBoulevard Central 1, Downtown Dubai · 15th floor · completed 2012

1501, Boulevard Central 1

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 16 September 2025
Last soldAED 2.57M3 August 2014
Current rentAED 170K /yr16 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Boulevard Central 1

What is 1501 worth today?

Last sold for AED 2,571,888 in 2014

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16 Sep 2025RentedNew contract
AED 170,000/yr12 months · AED 146 per sqft
1 Dec 2022RentedRenewal
AED 90,000/yr12 months · AED 77 per sqft
1 Dec 2021RentedRenewal
AED 75,000/yr12 months · AED 65 per sqft
1 Dec 2020RentedNew contract
AED 75,000/yr12 months · AED 65 per sqft
3 Jul 2019RentedRenewal
AED 120,000/yr12 months · AED 103 per sqft
3 Jul 2018RentedRenewal
AED 130,000/yr12 months · AED 112 per sqft
3 Jul 2017RentedRenewal
AED 145,000/yr12 months · AED 125 per sqft
3 Jul 2016RentedRenewal
AED 150,000/yr12 months · AED 129 per sqft

Source: Dubai Land Department. Updated 16 September 2025.

Key facts

Type
2-bed apartment
Size
1,164 sqft
Floor
15th of 24
Parking
B2-2068
Developer
Emaar
Completed
2012
Service charge
AED 28,200 /yr
Last sold
AED 2.57M · August 2014

About 1501, Boulevard Central 1

1501 is a two-bedroom apartment of 1,164 sqft on the 15th floor of Boulevard Central 1, a 24-storey tower in Downtown Dubai completed in 2012 by Emaar. The developer sold it on 3 August 2014 for AED 2,571,888, or AED 2,208 per sqft, in line with the AED 2,182 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 16 September 2025, is AED 170,000 a year: a gross yield of 6.6% on the 2014 price, before the service charge of about AED 28,200 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical two-bed in Boulevard Central 1
2M3M20102014201820222026Typical 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, August 2014: AED 2,571,888 (AED 2,208 per sqft)

1501 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1501, each contractTypical two-bed in Boulevard Central 1
100K150K2013201720212025Typical 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, July 2014: AED 145,000 a yearNew contract, July 2015: AED 150,000 a yearRenewal, July 2016: AED 150,000 a yearRenewal, July 2017: AED 145,000 a yearRenewal, July 2018: AED 130,000 a yearRenewal, July 2019: AED 120,000 a yearNew contract, December 2020: AED 75,000 a yearRenewal, December 2021: AED 75,000 a yearRenewal, December 2022: AED 90,000 a yearNew contract, September 2025: AED 170,000 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 1501 sits

All 64 2-beds →

1501 last sold in August 2014 at AED 2,208 per sqft, in line with what two-beds in Boulevard Central 1 were fetching at the time (AED 2,182). 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. 1501's AED 170,000 is in the upper half 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 15th floor

All 184 units in Boulevard Central 1
Value
15022-bedAED 2.7M · Sep 2026
15031-bedAED 1.39M · Feb 2013
15041-bedAED 1.37M · Apr 2014
15052-bedAED 1.5M · May 2021
15061-bedAED 1.7M · Oct 2013
15071-bedAED 1.57M · Feb 2013
15081-bedAED 1.7M · Jan 2015
1–7 of 8

1501, Boulevard Central 1 in numbers

  • Sold once: by Emaar on 3 August 2014 for AED 2,571,888, or AED 2,208 per sqft.
  • Rented since July 2014 on 10 Ejari contracts. The rent fell from AED 145,000 to AED 75,000 in 2021 and recovered to AED 170,000 by September 2025.
  • At AED 170,000 a year the gross yield on the 2014 price is 6.6%, 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 16 September 2025.

Questions about 1501, Boulevard Central 1

What did unit 1501 last sell for?

AED 2,571,888 on 3 August 2014, sold by the developer: AED 2,208 per sqft for 1,164 sqft. It is the only registered sale of the unit.

What is the rent for unit 1501?

AED 170,000 a year on the contract signed on 16 September 2025. The previous contract, from December 2022, was AED 90,000; the unit has been rented since July 2014.

How big is unit 1501?

1,164 sqft (108.1 sqm): a two-bedroom apartment on the 15th floor of a 24-storey tower completed in 2012.

What is unit 1501 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 1501, Boulevard Central 1

Starts from the last sale price (AED 2.57M, 3 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,571,888
Deposit, UAE resident (20%)
AED 514,378
Deposit, non-resident (40%)
AED 1,028,755
Monthly over 25 years at 3.7%
AED 10,522

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