2-bed · 1,148 sqftBoulevard Central 1, Downtown Dubai · 4th floor · completed 2012

405, Boulevard Central 1

Sold prices and rental history: sold 4 times, last in April 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 8 October 2025
Last soldAED 2.25M25 April 2024
Current rentAED 150K /yr8 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Boulevard Central 1

What is 405 worth today?

Last sold for AED 2,250,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

8 Oct 2025RentedNew contract
AED 150,000/yr12 months · AED 130 per sqft
4 Jul 2024RentedNew contract
AED 150,000/yr12 months · AED 130 per sqft
25 Apr 2024SoldReady
AED 2,250,000AED 1,960 per sqft
6 Apr 2023SoldReady
AED 1,980,000AED 1,724 per sqft
1 Oct 2019RentedNew contract
AED 100,000/yr12 months · AED 87 per sqft
1 Nov 2018RentedRenewal
AED 140,000/yr12 months · AED 122 per sqft
1 Nov 2017RentedNew contract
AED 140,000/yr12 months · AED 122 per sqft
28 May 2015RentedNew contract
AED 140,000/yr12 months · AED 122 per sqft

Source: Dubai Land Department. Updated 8 October 2025.

Key facts

Type
2-bed apartment
Size
1,148 sqft
Floor
4th of 24
Parking
B2-2004
Developer
Emaar
Completed
2012
Service charge
AED 27,800 /yr
Last sold
AED 2.25M · April 2024

About 405, Boulevard Central 1

405 is a two-bedroom apartment of 1,148 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 25 April 2024 for AED 2,250,000, or AED 1,960 per sqft, 7% above the AED 1,830 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 8 October 2025, is AED 150,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 27,800 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, September 2010: AED 2,060,888 (AED 1,795 per sqft)Sold, March 2014: AED 2,060,888 (AED 1,795 per sqft)Sold, April 2023: AED 1,980,000 (AED 1,724 per sqft)Sold, April 2024: AED 2,250,000 (AED 1,960 per sqft)

405 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 405, each contractTypical two-bed in Boulevard Central 1
100K150K2012201620202024Typical 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, October 2012: AED 125,000 a yearNew contract, October 2013: AED 125,000 a yearNew contract, October 2014: AED 150,000 a yearNew contract, May 2015: AED 140,000 a yearNew contract, November 2017: AED 140,000 a yearRenewal, November 2018: AED 140,000 a yearNew contract, October 2019: AED 100,000 a yearNew contract, July 2024: AED 150,000 a yearNew contract, October 2025: AED 150,000 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 405 sits

All 64 2-beds →

405 last sold in April 2024 at AED 1,960 per sqft, 7% above what two-beds in Boulevard Central 1 were fetching at the time (AED 1,830). 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. 405's AED 150,000 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
4022-bedAED 2.5M · Apr 2013
4031-bedAED 1.59M · Jan 2024
4041-bedAED 1.3M · Apr 2019
4071-bedAED 1.4M · Feb 2018
4081-bedAED 1.32M · Jul 2013
4091-bedAED 1.55M · Jun 2013

405, Boulevard Central 1 in numbers

  • Sold 4 times: first on 2 September 2010 for AED 2,060,888, last on 25 April 2024 for AED 2,250,000 (AED 1,960 per sqft).
  • Rented since October 2012 on 9 Ejari contracts. The rent fell from AED 125,000 to AED 100,000 in 2019 and recovered to AED 150,000 by October 2025.
  • At AED 150,000 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 27,800 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 8 October 2025.

Questions about 405, Boulevard Central 1

What did unit 405 last sell for?

AED 2,250,000 on 25 April 2024: AED 1,960 per sqft for 1,148 sqft. The unit has 4 registered sales; the first was AED 2,060,888 in September 2010.

What is the rent for unit 405?

AED 150,000 a year on the contract signed on 8 October 2025. The previous contract, from July 2024, was AED 150,000; the unit has been rented since October 2012.

How big is unit 405?

1,148 sqft (106.7 sqm): a two-bedroom apartment on the 4th floor of a 24-storey tower completed in 2012.

What is unit 405 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.

Selling 405? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 405, Boulevard Central 1

Starts from the last sale price (AED 2.25M, 25 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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