2-bed · 1,164 sqftBoulevard Central 1, Downtown Dubai · 16th floor · completed 2012

1601, Boulevard Central 1

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 7 August 2026
Last soldAED 2M9 May 2023
Current rentAED 125K /yr7 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Boulevard Central 1

What is 1601 worth today?

Last sold for AED 2,000,000 in 2023

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7 Aug 2026RentedNew contract
AED 125,000/yr12 months · AED 108 per sqft
7 Nov 2025RentedNew contract
AED 160,000/yr24 months · AED 137 per sqft
7 Nov 2025RentedNew contract
AED 160,000/yr12 months · AED 138 per sqft
1 Jul 2024RentedRenewal
AED 137,500/yr12 months · AED 118 per sqft
9 May 2023SoldReady
AED 2,000,000AED 1,717 per sqft
1 Jul 2019RentedNew contract
AED 100,000/yr12 months · AED 86 per sqft
23 Mar 2014RentedNew contract
AED 150,000/yr12 months · AED 129 per sqft
8 Jan 2014SoldReady
AED 2,900,000AED 2,490 per sqft

Source: Dubai Land Department. Updated 7 August 2026.

Key facts

Type
2-bed apartment
Size
1,164 sqft
Floor
16th of 24
Parking
B2-2069
Developer
Emaar
Completed
2012
Service charge
AED 28,200 /yr
Last sold
AED 2M · May 2023

About 1601, Boulevard Central 1

1601 is a two-bedroom apartment of 1,164 sqft on the 16th floor of Boulevard Central 1, a 24-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 9 May 2023 for AED 2,000,000, or AED 1,717 per sqft, in line with the AED 1,724 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 7 August 2026, is AED 125,000 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 28,200 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, 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, October 2013: AED 2,580,888 (AED 2,216 per sqft)Sold, January 2014: AED 2,900,000 (AED 2,490 per sqft)Sold, May 2023: AED 2,000,000 (AED 1,717 per sqft)

1601 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1601, 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, March 2014: AED 150,000 a yearNew contract, July 2019: AED 100,000 a yearRenewal, July 2024: AED 137,500 a yearNew contract, November 2025: AED 160,000 a yearNew contract, November 2025: AED 160,000 a yearNew contract, August 2026: AED 125,000 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 1601 sits

All 64 2-beds →

1601 last sold in May 2023 at AED 1,717 per sqft, in line with what two-beds in Boulevard Central 1 were fetching at the time (AED 1,724). 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. 1601's AED 125,000 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 16th floor

All 184 units in Boulevard Central 1
Value
16022-bedAED 3.7M · Sep 2014
16031-bedAED 1.38M · Aug 2010
16041-bedAED 689K · May 2013
16052-bedAED 2.05M · Jul 2013
16061-bedAED 940K · Jan 2021
16071-bedAED 1.58M · Dec 2012
16081-bedAED 1.07M · Sep 2020
1–7 of 8

1601, Boulevard Central 1 in numbers

  • Sold 3 times: first on 3 October 2013 for AED 2,580,888, last on 9 May 2023 for AED 2,000,000 (AED 1,717 per sqft).
  • Rented since March 2014 on 6 Ejari contracts. The rent fell from AED 150,000 to AED 100,000 in 2019 and recovered to AED 125,000 by August 2026.
  • At AED 125,000 a year the gross yield on the 2023 price is 6.3%, 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 7 August 2026.

Questions about 1601, Boulevard Central 1

What did unit 1601 last sell for?

AED 2,000,000 on 9 May 2023: AED 1,717 per sqft for 1,164 sqft. The unit has 3 registered sales; the first was AED 2,580,888 in October 2013.

What is the rent for unit 1601?

AED 125,000 a year on the contract signed on 7 August 2026. The previous contract, from November 2025, was AED 160,000; the unit has been rented since March 2014.

How big is unit 1601?

1,164 sqft (108.1 sqm): a two-bedroom apartment on the 16th floor of a 24-storey tower completed in 2012.

What is unit 1601 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 1601, Boulevard Central 1

Starts from the last sale price (AED 2M, 9 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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