2-bed · 1,160 sqftBoulevard Central 1, Downtown Dubai · 15th floor · completed 2012

1505, Boulevard Central 1

Sold prices and rental history: sold twice, last in May 2021, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 4 May 2021
Last soldAED 1.5M4 May 2021
Current rentAED 80K /yr15 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, Boulevard Central 1

What is 1505 worth today?

Last sold for AED 1,500,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 May 2021SoldReady
AED 1,500,000AED 1,293 per sqft
15 Aug 2020RentedNew contract
AED 80,000/yr12 months · AED 69 per sqft
1 Mar 2018RentedNew contract
AED 120,000/yr12 months · AED 103 per sqft
15 Feb 2014RentedNew contract
AED 140,000/yr12 months · AED 120 per sqft
21 Jul 2010Sold by developerOff-plan
AED 2,038,888AED 1,757 per sqft

Source: Dubai Land Department. Updated 4 May 2021.

Key facts

Type
2-bed apartment
Size
1,160 sqft
Floor
15th of 24
Parking
B2-2001
Developer
Emaar
Completed
2012
Service charge
AED 28,100 /yr
Last sold
AED 1.5M · May 2021

About 1505, Boulevard Central 1

1505 is a two-bedroom apartment of 1,160 sqft on the 15th floor of Boulevard Central 1, a 24-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 4 May 2021 for AED 1,500,000, or AED 1,293 per sqft, 16% above the AED 1,110 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 15 August 2020, is AED 80,000 a year: a gross yield of 5.3% on the 2021 price, before the service charge of about AED 28,100 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, 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, July 2010: AED 2,038,888 (AED 1,757 per sqft)Sold, May 2021: AED 1,500,000 (AED 1,293 per sqft)

1505 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1505, 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, February 2014: AED 140,000 a yearNew contract, March 2018: AED 120,000 a yearNew contract, August 2020: AED 80,000 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 1505 sits

All 64 2-beds →

1505 last sold in May 2021 at AED 1,293 per sqft, 16% above what two-beds in Boulevard Central 1 were fetching at the time (AED 1,110). 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. 1505's AED 80,000 is in the lower 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
15012-bedAED 2.57M · Aug 2014
15022-bedAED 2.7M · Sep 2026
15031-bedAED 1.39M · Feb 2013
15041-bedAED 1.37M · Apr 2014
15061-bedAED 1.7M · Oct 2013
15071-bedAED 1.57M · Feb 2013
15081-bedAED 1.7M · Jan 2015
1–7 of 8

1505, Boulevard Central 1 in numbers

  • Sold twice: first on 21 July 2010 for AED 2,038,888, last on 4 May 2021 for AED 1,500,000 (AED 1,293 per sqft).
  • Rented since February 2014 on 3 Ejari contracts, from AED 140,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2021 price is 5.3%, before a service charge of about AED 28,100 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 4 May 2021.

Questions about 1505, Boulevard Central 1

What did unit 1505 last sell for?

AED 1,500,000 on 4 May 2021: AED 1,293 per sqft for 1,160 sqft. The unit has 2 registered sales; the first was AED 2,038,888 in July 2010.

What is the rent for unit 1505?

AED 80,000 a year on the contract signed on 15 August 2020. The previous contract, from March 2018, was AED 120,000; the unit has been rented since February 2014.

How big is unit 1505?

1,160 sqft (107.8 sqm): a two-bedroom apartment on the 15th floor of a 24-storey tower completed in 2012.

What is unit 1505 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.

Selling 1505? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1505, Boulevard Central 1

Starts from the last sale price (AED 1.5M, 4 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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