1-bed · 757 sqftBoulevard Central 1, Downtown Dubai · 16th floor · completed 2012

1609, Boulevard Central 1

Sold prices and rental history: sold 5 times, last in May 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1609 · DLD and Ejari recordsUpdated 30 May 2021
Last soldAED 1.2M30 May 2021
Current rentAED 77K /yr2 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1609, Boulevard Central 1

What is 1609 worth today?

Last sold for AED 1,200,000 in 2021

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30 May 2021SoldReady
AED 1,200,000AED 1,585 per sqft
2 Jan 2020RentedNew contract
AED 77,000/yr12 months · AED 102 per sqft
1 Nov 2018RentedRenewal
AED 100,000/yr12 months · AED 133 per sqft
1 Nov 2017RentedRenewal
AED 110,000/yr12 months · AED 146 per sqft
1 Nov 2016RentedRenewal
AED 110,000/yr12 months · AED 146 per sqft
1 Nov 2015RentedNew contract
AED 110,000/yr12 months · AED 146 per sqft
1 Aug 2014RentedNew contract
AED 85,000/yr12 months · AED 113 per sqft
27 Apr 2014SoldReady
AED 1,810,000AED 2,391 per sqft

Source: Dubai Land Department. Updated 30 May 2021.

Key facts

Type
1-bed apartment
Size
757 sqft
Floor
16th of 24
Parking
B3-3097
Developer
Emaar
Completed
2012
Service charge
AED 18,300 /yr
Last sold
AED 1.2M · May 2021

About 1609, Boulevard Central 1

1609 is a one-bedroom apartment of 757 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 30 May 2021 for AED 1,200,000, or AED 1,585 per sqft, 27% above the AED 1,252 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 2 January 2020, is AED 77,000 a year: a gross yield of 6.4% on the 2021 price, before the service charge of about AED 18,300 a year.

Sales and rents for 1609 over time

Sales
Unit 1609, 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, January 2013: AED 1,253,894 (AED 1,657 per sqft)Sold, May 2013: AED 1,253,894 (AED 1,657 per sqft)Sold, June 2013: AED 1,467,055 (AED 1,938 per sqft)Sold, April 2014: AED 1,810,000 (AED 2,391 per sqft)Sold, May 2021: AED 1,200,000 (AED 1,585 per sqft)

1609 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1609, 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, August 2013: AED 85,000 a yearNew contract, August 2014: AED 85,000 a yearNew contract, November 2015: AED 110,000 a yearRenewal, November 2016: AED 110,000 a yearRenewal, November 2017: AED 110,000 a yearRenewal, November 2018: AED 100,000 a yearNew contract, January 2020: AED 77,000 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 1609 sits

All 116 1-beds →

1609 last sold in May 2021 at AED 1,585 per sqft, 27% above what one-beds in Boulevard Central 1 were fetching at the time (AED 1,252). 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. 1609's AED 77,000 is at the bottom 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
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
1–7 of 8

1609, Boulevard Central 1 in numbers

  • Sold 5 times: first on 14 January 2013 for AED 1,253,894, last on 30 May 2021 for AED 1,200,000 (AED 1,585 per sqft).
  • Rented since August 2013 on 7 Ejari contracts, from AED 85,000 to AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2021 price is 6.4%, before a service charge of about AED 18,300 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 30 May 2021.

Questions about 1609, Boulevard Central 1

What did unit 1609 last sell for?

AED 1,200,000 on 30 May 2021: AED 1,585 per sqft for 757 sqft. The unit has 5 registered sales; the first was AED 1,253,894 in January 2013.

What is the rent for unit 1609?

AED 77,000 a year on the contract signed on 2 January 2020. The previous contract, from November 2018, was AED 100,000; the unit has been rented since August 2013.

How big is unit 1609?

757 sqft (70.3 sqm): a one-bedroom apartment on the 16th floor of a 24-storey tower completed in 2012.

What is unit 1609 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.

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Mortgage on 1609, Boulevard Central 1

Starts from the last sale price (AED 1.2M, 30 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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