2-bed · 1,411 sqftBoulevard Central 1, Downtown Dubai · 16th floor · completed 2012

1602, Boulevard Central 1

Sold prices and rental history: sold 3 times, last in September 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 30 April 2026
Last soldAED 3.7M11 September 2014
Current rentAED 160K /yr30 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Boulevard Central 1

What is 1602 worth today?

Last sold for AED 3,700,000 in 2014

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30 Apr 2026RentedNew contract
AED 160,000/yr12 months · AED 113 per sqft
6 Jan 2025RentedNew contract
AED 235,000/yr12 months · AED 167 per sqft
6 Jan 2025RentedNew contract
AED 235,000/yr12 months · AED 167 per sqft
14 Dec 2022RentedNew contract
AED 116,550/yr12 months · AED 83 per sqft
15 Dec 2020RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
11 Sep 2014SoldReady
AED 3,700,000AED 2,622 per sqft
1 May 2013SoldReady
AED 2,112,888AED 1,497 per sqft
25 Dec 2012Sold by developerOff-plan
AED 2,112,888AED 1,497 per sqft

Source: Dubai Land Department. Updated 30 April 2026.

Key facts

Type
2-bed apartment
Size
1,411 sqft
Floor
16th of 24
Parking
B1-1009
Developer
Emaar
Completed
2012
Service charge
AED 34,100 /yr
Last sold
AED 3.7M · September 2014

About 1602, Boulevard Central 1

1602 is a two-bedroom apartment of 1,411 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 11 September 2014 for AED 3,700,000, or AED 2,622 per sqft, 19% above the AED 2,208 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 30 April 2026, is AED 160,000 a year: a gross yield of 4.3% on the 2014 price, before the service charge of about AED 34,100 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical two-bed in Boulevard Central 1
2M4M20102014201820222026Typical 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, December 2012: AED 2,112,888 (AED 1,497 per sqft)Sold, May 2013: AED 2,112,888 (AED 1,497 per sqft)Sold, September 2014: AED 3,700,000 (AED 2,622 per sqft)

1602 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1602, each contractTypical two-bed in Boulevard Central 1
100K200K2013201720212025Typical 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, December 2020: AED 100,000 a yearNew contract, December 2022: AED 116,550 a yearNew contract, January 2025: AED 235,000 a yearNew contract, January 2025: AED 235,000 a yearNew contract, April 2026: AED 160,000 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 1602 sits

All 64 2-beds →

1602 last sold in September 2014 at AED 2,622 per sqft, 19% above what two-beds in Boulevard Central 1 were fetching at the time (AED 2,208). 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. 1602's AED 160,000 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 16th floor

All 184 units in Boulevard Central 1
Value
16012-bedAED 2M · May 2023
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

1602, Boulevard Central 1 in numbers

  • Sold 3 times: first on 25 December 2012 for AED 2,112,888, last on 11 September 2014 for AED 3,700,000 (AED 2,622 per sqft).
  • Rented since December 2020 on 5 Ejari contracts, from AED 100,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2014 price is 4.3%, before a service charge of about AED 34,100 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 30 April 2026.

Questions about 1602, Boulevard Central 1

What did unit 1602 last sell for?

AED 3,700,000 on 11 September 2014: AED 2,622 per sqft for 1,411 sqft. The unit has 3 registered sales; the first was AED 2,112,888 in December 2012.

What is the rent for unit 1602?

AED 160,000 a year on the contract signed on 30 April 2026. The previous contract, from January 2025, was AED 235,000; the unit has been rented since December 2020.

How big is unit 1602?

1,411 sqft (131.1 sqm): a two-bedroom apartment on the 16th floor of a 24-storey tower completed in 2012.

What is unit 1602 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 1602, Boulevard Central 1

Starts from the last sale price (AED 3.7M, 11 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

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