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2-bed · 1,164 sqftBoulevard Central 1, Downtown Dubai · 4th floor · completed 2012

401, Boulevard Central 1

Sold prices and rental history: sold 5 times, last in February 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 13 February 2014
Last soldAED 2.9M13 February 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 401, Boulevard Central 1

What is 401 worth today?

Last sold for AED 2,900,000 in 2014

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13 Feb 2014SoldReady
AED 2,900,000AED 2,490 per sqft
14 May 2013SoldReady
AED 2,450,000AED 2,104 per sqft
24 Apr 2013SoldReady
AED 1,910,000AED 1,640 per sqft
27 Dec 2012SoldOff-plan
AED 1,910,000AED 1,640 per sqft
6 Dec 2012Sold by developerOff-plan
AED 1,628,194AED 1,398 per sqft

Source: Dubai Land Department. Updated 13 February 2014.

Key facts

Type
2-bed apartment
Size
1,164 sqft
Floor
4th of 24
Parking
B2-2078
Developer
Emaar
Completed
2012
Service charge
AED 28,200 /yr
Last sold
AED 2.9M · February 2014
Building
Boulevard Central 1

About 401, Boulevard Central 1

401 is a two-bedroom apartment of 1,164 sqft on the 4th floor of Boulevard Central 1, a 24-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 13 February 2014 for AED 2,900,000, or AED 2,490 per sqft, 44% above the AED 1,733 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 401 over time

Sales
Unit 401, 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, December 2012: AED 1,910,000 (AED 1,640 per sqft)Sold by developer, December 2012: AED 1,628,194 (AED 1,398 per sqft)Sold, April 2013: AED 1,910,000 (AED 1,640 per sqft)Sold, May 2013: AED 2,450,000 (AED 2,104 per sqft)Sold, February 2014: AED 2,900,000 (AED 2,490 per sqft)

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

Rents
Unit 401, 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 150,500

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 401 sits

All 64 2-beds →

401 last sold in February 2014 at AED 2,490 per sqft, 44% above what two-beds in Boulevard Central 1 were fetching at the time (AED 1,733). 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.

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 4th floor

All 184 units in Boulevard Central 1
Value
4022-bedAED 2.5M · Apr 2013
4031-bedAED 1.59M · Jan 2024
4041-bedAED 1.3M · Apr 2019
4052-bedAED 2.25M · Apr 2024
4071-bedAED 1.4M · Feb 2018
4081-bedAED 1.32M · Jul 2013
4091-bedAED 1.55M · Jun 2013

401, Boulevard Central 1 in numbers

  • Sold 5 times: first on 6 December 2012 for AED 1,628,194, last on 13 February 2014 for AED 2,900,000 (AED 2,490 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 13 February 2014.

Questions about 401, Boulevard Central 1

What did unit 401 last sell for?

AED 2,900,000 on 13 February 2014: AED 2,490 per sqft for 1,164 sqft. The unit has 5 registered sales; the first was AED 1,628,194 in December 2012.

How big is unit 401?

1,164 sqft (108.1 sqm): a two-bedroom apartment on the 4th floor of a 24-storey tower completed in 2012.

What is unit 401 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 401, Boulevard Central 1

Starts from the last sale price (AED 2.9M, 13 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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