1-bed · 759 sqftBoulevard Central 1, Downtown Dubai · 3rd floor · completed 2012

309, Boulevard Central 1

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 25 April 2024
Last soldAED 1.55M25 April 2024
Current rentAED 96K /yr8 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Boulevard Central 1

What is 309 worth today?

Last sold for AED 1,550,000 in 2024

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25 Apr 2024SoldReady
AED 1,550,000AED 2,041 per sqft
8 Feb 2023RentedNew contract
AED 96,000/yr12 months · AED 126 per sqft
15 Feb 2022RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
1 Sep 2020RentedNew contract
AED 70,000/yr12 months · AED 92 per sqft
15 Dec 2019RentedNew contract
AED 90,000/yr12 months · AED 118 per sqft
28 Oct 2018RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
27 Aug 2017RentedRenewal
AED 102,500/yr12 months · AED 134 per sqft
27 Aug 2016RentedRenewal
AED 105,000/yr12 months · AED 137 per sqft

Source: Dubai Land Department. Updated 25 April 2024.

Key facts

Type
1-bed apartment
Size
759 sqft
Floor
3rd of 24
Parking
B3-3100
Developer
Emaar
Completed
2012
Service charge
AED 18,400 /yr
Last sold
AED 1.55M · April 2024

About 309, Boulevard Central 1

309 is a one-bedroom apartment of 759 sqft on the 3rd floor of Boulevard Central 1, a 24-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 25 April 2024 for AED 1,550,000, or AED 2,041 per sqft, 11% above the AED 1,841 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 8 February 2023, is AED 96,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 18,400 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, May 2013: AED 1,387,888 (AED 1,828 per sqft)Sold, June 2013: AED 1,550,000 (AED 2,041 per sqft)Sold, April 2024: AED 1,550,000 (AED 2,041 per sqft)

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

Rents
Unit 309, 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, July 2013: AED 95,000 a yearNew contract, September 2014: AED 90,000 a yearNew contract, August 2015: AED 105,000 a yearRenewal, August 2016: AED 105,000 a yearRenewal, August 2017: AED 102,500 a yearNew contract, October 2018: AED 80,000 a yearNew contract, December 2019: AED 90,000 a yearNew contract, September 2020: AED 70,000 a yearNew contract, February 2022: AED 80,000 a yearNew contract, February 2023: AED 96,000 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 309 sits

All 116 1-beds →

309 last sold in April 2024 at AED 2,041 per sqft, 11% above what one-beds in Boulevard Central 1 were fetching at the time (AED 1,841). 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. 309's AED 96,000 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 3rd floor

All 184 units in Boulevard Central 1
Value
3012-bedAED 2.35M · Aug 2016
3022-bedAED 2.45M · Aug 2013
3031-bedAED 2.03M · May 2025
3041-bedAED 1.95M · Dec 2014
3052-bedAED 3.13M · Jul 2015
3071-bedAED 1.96M · Feb 2014
3081-bedAED 1.39M · Jan 2013

309, Boulevard Central 1 in numbers

  • Sold 3 times: first on 22 May 2013 for AED 1,387,888, last on 25 April 2024 for AED 1,550,000 (AED 2,041 per sqft).
  • Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 95,000 to AED 70,000 in 2020 and recovered to AED 96,000 by February 2023.
  • At AED 96,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 18,400 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 25 April 2024.

Questions about 309, Boulevard Central 1

What did unit 309 last sell for?

AED 1,550,000 on 25 April 2024: AED 2,041 per sqft for 759 sqft. The unit has 3 registered sales; the first was AED 1,387,888 in May 2013.

What is the rent for unit 309?

AED 96,000 a year on the contract signed on 8 February 2023. The previous contract, from February 2022, was AED 80,000; the unit has been rented since July 2013.

How big is unit 309?

759 sqft (70.5 sqm): a one-bedroom apartment on the 3rd floor of a 24-storey tower completed in 2012.

What is unit 309 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 309, Boulevard Central 1

Starts from the last sale price (AED 1.55M, 25 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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