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1-bed · 763 sqftBoulevard Central 1, Downtown Dubai · 23rd floor · completed 2012

2306, Boulevard Central 1

Sold prices and rental history: sold 3 times, last in October 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2306 · DLD and Ejari recordsUpdated 9 October 2016
Last soldAED 1.59M9 October 2016
Current rentAED 108K /yr15 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2306, Boulevard Central 1

What is 2306 worth today?

Last sold for AED 1,589,000 in 2016

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9 Oct 2016SoldReady
AED 1,589,000AED 2,082 per sqft
15 Mar 2016RentedNew contract
AED 107,500/yr12 months · AED 141 per sqft
5 Mar 2015RentedNew contract
AED 120,000/yr12 months · AED 157 per sqft
4 Mar 2014RentedNew contract
AED 100,000/yr12 months · AED 131 per sqft
25 Jun 2013SoldReady
AED 1,291,888AED 1,692 per sqft
29 Jun 2010Sold by developerOff-plan
AED 1,291,888AED 1,692 per sqft

Source: Dubai Land Department. Updated 9 October 2016.

Key facts

Type
1-bed apartment
Size
763 sqft
Floor
23rd of 24
Parking
B3-3064
Developer
Emaar
Completed
2012
Service charge
AED 18,500 /yr
Last sold
AED 1.59M · October 2016
Building
Boulevard Central 1

About 2306, Boulevard Central 1

2306 is a one-bedroom apartment of 763 sqft on the 23rd floor of Boulevard Central 1, a 24-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 9 October 2016 for AED 1,589,000, or AED 2,082 per sqft, 3% above the AED 2,015 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 15 March 2016, is AED 107,500 a year: a gross yield of 6.8% on the 2016 price, before the service charge of about AED 18,500 a year.

Sales and rents for 2306 over time

Sales
Unit 2306, 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 1,291,888 (AED 1,692 per sqft)Sold, June 2013: AED 1,291,888 (AED 1,692 per sqft)Sold, October 2016: AED 1,589,000 (AED 2,082 per sqft)

2306 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2306, each contractTypical one-bed in Boulevard Central 1
75K100K125K2012201620202024Typical 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, March 2014: AED 100,000 a yearNew contract, March 2015: AED 120,000 a yearNew contract, March 2016: AED 107,500 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 2306 sits

All 116 1-beds →

2306 last sold in October 2016 at AED 2,082 per sqft, 3% above what one-beds in Boulevard Central 1 were fetching at the time (AED 2,015). 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. 2306's AED 107,500 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 23rd floor

All 184 units in Boulevard Central 1
Value
23013-bedAED 2.5M · Dec 2012
23023-bedAED 2.35M · Apr 2013
23031-bedAED 1.8M · Nov 2023
23072-bedAED 2.26M · Aug 2010

2306, Boulevard Central 1 in numbers

  • Sold 3 times: first on 29 June 2010 for AED 1,291,888, last on 9 October 2016 for AED 1,589,000 (AED 2,082 per sqft).
  • Rented since March 2014 on 3 Ejari contracts, from AED 100,000 to AED 107,500 a year.
  • At AED 107,500 a year the gross yield on the 2016 price is 6.8%, before a service charge of about AED 18,500 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 9 October 2016.

Questions about 2306, Boulevard Central 1

What did unit 2306 last sell for?

AED 1,589,000 on 9 October 2016: AED 2,082 per sqft for 763 sqft. The unit has 3 registered sales; the first was AED 1,291,888 in June 2010.

What is the rent for unit 2306?

AED 107,500 a year on the contract signed on 15 March 2016. The previous contract, from March 2015, was AED 120,000; the unit has been rented since March 2014.

How big is unit 2306?

763 sqft (70.9 sqm): a one-bedroom apartment on the 23rd floor of a 24-storey tower completed in 2012.

What is unit 2306 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 2306, Boulevard Central 1

Starts from the last sale price (AED 1.59M, 9 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,589,000
Deposit, UAE resident (20%)
AED 317,800
Deposit, non-resident (40%)
AED 635,600
Monthly over 25 years at 3.7%
AED 6,501

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