1-bed · 838 sqftBoulevard Central 1, Downtown Dubai · 16th floor · completed 2012

1603, Boulevard Central 1

Sold prices and rental history: sold twice, last in August 2010, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 20 October 2026
Last soldAED 1.38M16 August 2010
Current rentAED 90K /yr20 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Boulevard Central 1

What is 1603 worth today?

Last sold for AED 1,378,888 in 2010

Unlock today's estimate, updated daily, with

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

20 Oct 2026RentedNew contract
AED 90,000/yr12 months · AED 107 per sqft
7 Jul 2021RentedNew contract
AED 73,000/yr12 months · AED 87 per sqft
19 Jun 2017RentedRenewal
AED 100,000/yr12 months · AED 119 per sqft
19 Jun 2016RentedNew contract
AED 100,000/yr12 months · AED 119 per sqft
16 Aug 2010SoldReady
AED 1,378,888AED 1,645 per sqft
29 Jun 2010Sold by developerOff-plan
AED 1,378,888AED 1,645 per sqft

Source: Dubai Land Department. Updated 20 October 2026.

Key facts

Type
1-bed apartment
Size
838 sqft
Floor
16th of 24
Parking
B3-3010
Developer
Emaar
Completed
2012
Service charge
AED 20,300 /yr
Last sold
AED 1.38M · August 2010

About 1603, Boulevard Central 1

1603 is a one-bedroom apartment of 838 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 16 August 2010 for AED 1,378,888, or AED 1,645 per sqft, in line with the AED 1,622 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 20 October 2026, is AED 90,000 a year: a gross yield of 6.5% on the 2010 price, before the service charge of about AED 20,300 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, 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 2010: AED 1,378,888 (AED 1,645 per sqft)Sold, August 2010: AED 1,378,888 (AED 1,645 per sqft)

1603 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1603, each contractTypical one-bed in Boulevard Central 1
60K80K100K2012201620202024Typical 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, June 2016: AED 100,000 a yearRenewal, June 2017: AED 100,000 a yearNew contract, July 2021: AED 73,000 a yearNew contract, October 2026: AED 90,000 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 1603 sits

All 116 1-beds →

1603 last sold in August 2010 at AED 1,645 per sqft, in line with 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. 1603's AED 90,000 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 16th floor

All 184 units in Boulevard Central 1
Value
16012-bedAED 2M · May 2023
16022-bedAED 3.7M · Sep 2014
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

1603, Boulevard Central 1 in numbers

  • Sold twice: first on 29 June 2010 for AED 1,378,888, last on 16 August 2010 for AED 1,378,888 (AED 1,645 per sqft).
  • Rented since June 2016 on 4 Ejari contracts. The rent fell from AED 100,000 to AED 73,000 in 2021 and recovered to AED 90,000 by October 2026.
  • At AED 90,000 a year the gross yield on the 2010 price is 6.5%, before a service charge of about AED 20,300 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 20 October 2026.

Questions about 1603, Boulevard Central 1

What did unit 1603 last sell for?

AED 1,378,888 on 16 August 2010: AED 1,645 per sqft for 838 sqft. The unit has 2 registered sales; the first was AED 1,378,888 in June 2010.

What is the rent for unit 1603?

AED 90,000 a year on the contract signed on 20 October 2026. The previous contract, from July 2021, was AED 73,000; the unit has been rented since June 2016.

How big is unit 1603?

838 sqft (77.9 sqm): a one-bedroom apartment on the 16th floor of a 24-storey tower completed in 2012.

What is unit 1603 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.

Selling 1603? 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 1603, Boulevard Central 1

Starts from the last sale price (AED 1.38M, 16 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,378,888
Deposit, UAE resident (20%)
AED 275,778
Deposit, non-resident (40%)
AED 551,555
Monthly over 25 years at 3.7%
AED 5,641

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