2-bed · 1,421 sqftBoulevard Central 1, Downtown Dubai · 4th floor · completed 2012

402, Boulevard Central 1

Sold prices and rental history: sold 3 times, last in April 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 23 November 2025
Last soldAED 2.5M3 April 2013
Current rentAED 190K /yr23 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Boulevard Central 1

What is 402 worth today?

Last sold for AED 2,500,000 in 2013

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23 Nov 2025RentedRenewal
AED 190,000/yr12 months · AED 134 per sqft
23 Nov 2024RentedNew contract
AED 190,000/yr12 months · AED 134 per sqft
1 Nov 2023RentedNew contract
AED 185,000/yr12 months · AED 130 per sqft
20 Oct 2022RentedNew contract
AED 175,000/yr12 months · AED 123 per sqft
22 Mar 2021RentedRenewal
AED 117,000/yr12 months · AED 82 per sqft
22 Mar 2020RentedRenewal
AED 133,000/yr12 months · AED 94 per sqft
22 Mar 2019RentedRenewal
AED 135,000/yr12 months · AED 95 per sqft
29 Jan 2017RentedRenewal
AED 160,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 23 November 2025.

Key facts

Type
2-bed apartment
Size
1,421 sqft
Floor
4th of 24
Parking
B1-1073
Developer
Emaar
Completed
2012
Service charge
AED 34,400 /yr
Last sold
AED 2.5M · April 2013

About 402, Boulevard Central 1

402 is a two-bedroom apartment of 1,421 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 3 April 2013 for AED 2,500,000, or AED 1,759 per sqft, 10% above the AED 1,594 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 23 November 2025, is AED 190,000 a year: a gross yield of 7.6% on the 2013 price, before the service charge of about AED 34,400 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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, December 2012: AED 2,244,888 (AED 1,579 per sqft)Sold, March 2013: AED 2,244,888 (AED 1,579 per sqft)Sold, April 2013: AED 2,500,000 (AED 1,759 per sqft)

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

Rents
Unit 402, each contractTypical two-bed in Boulevard Central 1
100K150K200K2013201720212025Typical 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 162,750 a yearNew contract, January 2016: AED 165,000 a yearRenewal, January 2017: AED 160,000 a yearRenewal, March 2019: AED 135,000 a yearRenewal, March 2020: AED 133,000 a yearRenewal, March 2021: AED 117,000 a yearNew contract, October 2022: AED 175,000 a yearNew contract, November 2023: AED 185,000 a yearNew contract, November 2024: AED 190,000 a yearRenewal, November 2025: AED 190,000 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 402 sits

All 64 2-beds →

402 last sold in April 2013 at AED 1,759 per sqft, 10% above what two-beds in Boulevard Central 1 were fetching at the time (AED 1,594). 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. 402's AED 190,000 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 4th floor

All 184 units in Boulevard Central 1
Value
4012-bedAED 2.9M · Feb 2014
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

402, Boulevard Central 1 in numbers

  • Sold 3 times: first on 25 December 2012 for AED 2,244,888, last on 3 April 2013 for AED 2,500,000 (AED 1,759 per sqft).
  • Rented since January 2015 on 10 Ejari contracts. The rent fell from AED 162,750 to AED 117,000 in 2021 and recovered to AED 190,000 by November 2025.
  • At AED 190,000 a year the gross yield on the 2013 price is 7.6%, before a service charge of about AED 34,400 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 23 November 2025.

Questions about 402, Boulevard Central 1

What did unit 402 last sell for?

AED 2,500,000 on 3 April 2013: AED 1,759 per sqft for 1,421 sqft. The unit has 3 registered sales; the first was AED 2,244,888 in December 2012.

What is the rent for unit 402?

AED 190,000 a year on the contract renewed on 23 November 2025. The previous contract, from November 2024, was AED 190,000; the unit has been rented since January 2015.

How big is unit 402?

1,421 sqft (132.0 sqm): a two-bedroom apartment on the 4th floor of a 24-storey tower completed in 2012.

What is unit 402 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 402, Boulevard Central 1

Starts from the last sale price (AED 2.5M, 3 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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