1-bed · 839 sqftBoulevard Central 1, Downtown Dubai · 4th floor · completed 2012

403, Boulevard Central 1

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 24 August 2024
Last soldAED 1.59M31 January 2024
Current rentAED 120K /yr24 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Boulevard Central 1

What is 403 worth today?

Last sold for AED 1,590,000 in 2024

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24 Aug 2024RentedNew contract
AED 120,000/yr12 months · AED 145 per sqft
31 Jan 2024SoldReady
AED 1,590,000AED 1,896 per sqft
17 Mar 2023RentedRenewal
AED 85,000/yr12 months · AED 101 per sqft
17 Mar 2022RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
24 Nov 2020RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
1 Apr 2017RentedNew contract
AED 105,000/yr12 months · AED 125 per sqft
31 Jan 2013SoldReady
AED 659,444AED 786 per sqft
2 Sep 2010Sold by developerOff-plan
AED 659,444AED 786 per sqft

Source: Dubai Land Department. Updated 24 August 2024.

Key facts

Type
1-bed apartment
Size
839 sqft
Floor
4th of 24
Parking
B3-3015
Developer
Emaar
Completed
2012
Service charge
AED 20,300 /yr
Last sold
AED 1.59M · January 2024

About 403, Boulevard Central 1

403 is a one-bedroom apartment of 839 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 31 January 2024 for AED 1,590,000, or AED 1,896 per sqft, 5% above the AED 1,810 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 24 August 2024, is AED 120,000 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 20,300 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, September 2010: AED 659,444 (AED 786 per sqft)Sold, January 2013: AED 659,444 (AED 786 per sqft)Sold, January 2024: AED 1,590,000 (AED 1,896 per sqft)

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

Rents
Unit 403, each contractTypical one-bed in Boulevard Central 1
50K100K2012201620202024Typical 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, April 2017: AED 105,000 a yearNew contract, November 2020: AED 60,000 a yearNew contract, March 2022: AED 85,000 a yearRenewal, March 2023: AED 85,000 a yearNew contract, August 2024: AED 120,000 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 403 sits

All 116 1-beds →

403 last sold in January 2024 at AED 1,896 per sqft, 5% above what one-beds in Boulevard Central 1 were fetching at the time (AED 1,810). 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. 403's AED 120,000 is in the upper 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 4th floor

All 184 units in Boulevard Central 1
Value
4012-bedAED 2.9M · Feb 2014
4022-bedAED 2.5M · Apr 2013
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

403, Boulevard Central 1 in numbers

  • Sold 3 times: first on 2 September 2010 for AED 659,444, last on 31 January 2024 for AED 1,590,000 (AED 1,896 per sqft).
  • Rented since April 2017 on 5 Ejari contracts. The rent fell from AED 105,000 to AED 60,000 in 2020 and recovered to AED 120,000 by August 2024.
  • At AED 120,000 a year the gross yield on the 2024 price is 7.5%, before a service charge of about AED 20,300 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 24 August 2024.

Questions about 403, Boulevard Central 1

What did unit 403 last sell for?

AED 1,590,000 on 31 January 2024: AED 1,896 per sqft for 839 sqft. The unit has 3 registered sales; the first was AED 659,444 in September 2010.

What is the rent for unit 403?

AED 120,000 a year on the contract signed on 24 August 2024. The previous contract, from March 2023, was AED 85,000; the unit has been rented since April 2017.

How big is unit 403?

839 sqft (77.9 sqm): a one-bedroom apartment on the 4th floor of a 24-storey tower completed in 2012.

What is unit 403 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 403, Boulevard Central 1

Starts from the last sale price (AED 1.59M, 31 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,590,000
Deposit, UAE resident (20%)
AED 318,000
Deposit, non-resident (40%)
AED 636,000
Monthly over 25 years at 3.7%
AED 6,505

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