1-bed · 974 sqftBoulevard Central 1, Downtown Dubai · 4th floor · completed 2012

407, Boulevard Central 1

Sold prices and rental history: sold 6 times, last in February 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 3 October 2025
Last soldAED 1.4M21 February 2018
Current rentAED 97K /yr3 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Boulevard Central 1

What is 407 worth today?

Last sold for AED 1,400,000 in 2018

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3 Oct 2025RentedNew contract
AED 97,000/yr12 months · AED 100 per sqft
25 Jun 2024RentedNew contract
AED 105,000/yr12 months · AED 108 per sqft
14 Dec 2020RentedNew contract
AED 60,000/yr12 months · AED 62 per sqft
8 Nov 2019RentedNew contract
AED 75,000/yr12 months · AED 77 per sqft
21 Feb 2018SoldReady
AED 1,400,000AED 1,437 per sqft
6 Aug 2017RentedNew contract
AED 105,000/yr12 months · AED 108 per sqft
7 Sep 2016RentedRenewal
AED 119,358/yr6 months · AED 123 per sqft
7 Sep 2015RentedRenewal
AED 120,000/yr12 months · AED 124 per sqft

Source: Dubai Land Department. Updated 3 October 2025.

Key facts

Type
1-bed apartment
Size
974 sqft
Floor
4th of 24
Parking
B2-2102
Developer
Emaar
Completed
2012
Service charge
AED 23,600 /yr
Last sold
AED 1.4M · February 2018

About 407, Boulevard Central 1

407 is a one-bedroom apartment of 974 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 21 February 2018 for AED 1,400,000, or AED 1,437 per sqft, 21% below the AED 1,808 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 3 October 2025, is AED 97,000 a year: a gross yield of 6.9% on the 2018 price, before the service charge of about AED 23,600 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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 1,373,888; 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, June 2010: AED 1,471,888 (AED 1,511 per sqft)Sold, April 2012: AED 725,000 (AED 744 per sqft)Sold, December 2012: AED 1,560,000 (AED 1,602 per sqft)Sold, January 2014: AED 1,560,000 (AED 1,602 per sqft)Sold, April 2014: AED 1,950,000 (AED 2,002 per sqft)Sold, February 2018: AED 1,400,000 (AED 1,437 per sqft)

407 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 407, 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, January 2013: AED 90,000 a yearNew contract, September 2014: AED 120,000 a yearRenewal, September 2015: AED 120,000 a yearRenewal, September 2016: AED 119,358 a yearNew contract, August 2017: AED 105,000 a yearNew contract, November 2019: AED 75,000 a yearNew contract, December 2020: AED 60,000 a yearNew contract, June 2024: AED 105,000 a yearNew contract, October 2025: AED 97,000 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 407 sits

All 116 1-beds →

407 last sold in February 2018 at AED 1,437 per sqft, 21% below what one-beds in Boulevard Central 1 were fetching at the time (AED 1,808). 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. 407's AED 97,000 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 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
4052-bedAED 2.25M · Apr 2024
4081-bedAED 1.32M · Jul 2013
4091-bedAED 1.55M · Jun 2013

407, Boulevard Central 1 in numbers

  • Sold 6 times: first on 29 June 2010 for AED 1,471,888, last on 21 February 2018 for AED 1,400,000 (AED 1,437 per sqft).
  • Rented since January 2013 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 60,000 in 2020 and recovered to AED 97,000 by October 2025.
  • At AED 97,000 a year the gross yield on the 2018 price is 6.9%, before a service charge of about AED 23,600 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 3 October 2025.

Questions about 407, Boulevard Central 1

What did unit 407 last sell for?

AED 1,400,000 on 21 February 2018: AED 1,437 per sqft for 974 sqft. The unit has 6 registered sales; the first was AED 1,471,888 in June 2010.

What is the rent for unit 407?

AED 97,000 a year on the contract signed on 3 October 2025. The previous contract, from June 2024, was AED 105,000; the unit has been rented since January 2013.

How big is unit 407?

974 sqft (90.5 sqm): a one-bedroom apartment on the 4th floor of a 24-storey tower completed in 2012.

What is unit 407 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 407, Boulevard Central 1

Starts from the last sale price (AED 1.4M, 21 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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