2-bed · 1,160 sqftBoulevard Central 1, Downtown Dubai · 16th floor · completed 2012

1605, Boulevard Central 1

Sold prices and rental history: sold twice, last in July 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 11 February 2024
Last soldAED 2.05M15 July 2013
Current rentAED 155K /yr11 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Boulevard Central 1

What is 1605 worth today?

Last sold for AED 2,045,888 in 2013

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11 Feb 2024RentedRenewal
AED 155,000/yr12 months · AED 133 per sqft
11 Feb 2023RentedRenewal
AED 140,000/yr12 months · AED 120 per sqft
11 Feb 2022RentedRenewal
AED 140,000/yr12 months · AED 120 per sqft
11 Feb 2021RentedRenewal
AED 90,000/yr12 months · AED 77 per sqft
11 Feb 2020RentedRenewal
AED 116,480/yr12 months · AED 100 per sqft
11 Feb 2019RentedNew contract
AED 128,000/yr12 months · AED 110 per sqft
12 Jan 2017RentedRenewal
AED 155,000/yr12 months · AED 133 per sqft
12 Jan 2016RentedRenewal
AED 155,000/yr12 months · AED 133 per sqft

Source: Dubai Land Department. Updated 11 February 2024.

Key facts

Type
2-bed apartment
Size
1,160 sqft
Floor
16th of 24
Parking
B2-2002
Developer
Emaar
Completed
2012
Service charge
AED 28,100 /yr
Last sold
AED 2.05M · July 2013

About 1605, Boulevard Central 1

1605 is a two-bedroom apartment of 1,160 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 15 July 2013 for AED 2,045,888, or AED 1,763 per sqft, 7% above the AED 1,640 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 11 February 2024, is AED 155,000 a year: a gross yield of 7.6% on the 2013 price, before the service charge of about AED 28,100 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, 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, June 2010: AED 2,045,888 (AED 1,763 per sqft)Sold, July 2013: AED 2,045,888 (AED 1,763 per sqft)

1605 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1605, 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, January 2015: AED 155,000 a yearRenewal, January 2016: AED 155,000 a yearRenewal, January 2017: AED 155,000 a yearNew contract, February 2019: AED 128,000 a yearRenewal, February 2020: AED 116,480 a yearRenewal, February 2021: AED 90,000 a yearRenewal, February 2022: AED 140,000 a yearRenewal, February 2023: AED 140,000 a yearRenewal, February 2024: AED 155,000 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 1605 sits

All 64 2-beds →

1605 last sold in July 2013 at AED 1,763 per sqft, 7% above what two-beds in Boulevard Central 1 were fetching at the time (AED 1,640). 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. 1605's AED 155,000 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
16022-bedAED 3.7M · Sep 2014
16031-bedAED 1.38M · Aug 2010
16041-bedAED 689K · May 2013
16061-bedAED 940K · Jan 2021
16071-bedAED 1.58M · Dec 2012
16081-bedAED 1.07M · Sep 2020
1–7 of 8

1605, Boulevard Central 1 in numbers

  • Sold twice: first on 29 June 2010 for AED 2,045,888, last on 15 July 2013 for AED 2,045,888 (AED 1,763 per sqft).
  • Rented since January 2015 on 9 Ejari contracts. The rent fell from AED 155,000 to AED 90,000 in 2021 and recovered to AED 155,000 by February 2024.
  • At AED 155,000 a year the gross yield on the 2013 price is 7.6%, 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 11 February 2024.

Questions about 1605, Boulevard Central 1

What did unit 1605 last sell for?

AED 2,045,888 on 15 July 2013: AED 1,763 per sqft for 1,160 sqft. The unit has 2 registered sales; the first was AED 2,045,888 in June 2010.

What is the rent for unit 1605?

AED 155,000 a year on the contract renewed on 11 February 2024. The previous contract, from February 2023, was AED 140,000; the unit has been rented since January 2015.

How big is unit 1605?

1,160 sqft (107.8 sqm): a two-bedroom apartment on the 16th floor of a 24-storey tower completed in 2012.

What is unit 1605 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 1605, Boulevard Central 1

Starts from the last sale price (AED 2.05M, 15 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,045,888
Deposit, UAE resident (20%)
AED 409,178
Deposit, non-resident (40%)
AED 818,355
Monthly over 25 years at 3.7%
AED 8,370

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