1-bed · 806 sqftBoulevard Central 1, Downtown Dubai · 4th floor · completed 2012

408, Boulevard Central 1

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

Unit 408 · DLD and Ejari recordsUpdated 18 July 2025
Last soldAED 1.32M24 July 2013
Current rentAED 95K /yr18 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Boulevard Central 1

What is 408 worth today?

Last sold for AED 1,317,888 in 2013

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18 Jul 2025RentedNew contract
AED 95,000/yr12 months · AED 119 per sqft
18 Jul 2025RentedNew contract
AED 95,000/yr12 months · AED 119 per sqft
11 May 2024RentedNew contract
AED 100,000/yr12 months · AED 124 per sqft
1 Jun 2023RentedNew contract
AED 100,000/yr12 months · AED 124 per sqft
5 Dec 2020RentedRenewal
AED 70,000/yr12 months · AED 87 per sqft
5 Dec 2019RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
15 Dec 2018RentedRenewal
AED 100,000/yr12 months · AED 124 per sqft
15 Dec 2017RentedRenewal
AED 105,000/yr12 months · AED 130 per sqft

Source: Dubai Land Department. Updated 18 July 2025.

Key facts

Type
1-bed apartment
Size
806 sqft
Floor
4th of 24
Parking
B3-3079
Developer
Emaar
Completed
2012
Service charge
AED 19,500 /yr
Last sold
AED 1.32M · July 2013

About 408, Boulevard Central 1

408 is a one-bedroom apartment of 806 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 24 July 2013 for AED 1,317,888, or AED 1,635 per sqft, in line with the AED 1,622 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 18 July 2025, is AED 95,000 a year: a gross yield of 7.2% on the 2013 price, before the service charge of about AED 19,500 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, June 2010: AED 1,317,888 (AED 1,635 per sqft)Sold, July 2013: AED 1,317,888 (AED 1,635 per sqft)

408 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 408, each contractTypical one-bed in Boulevard Central 1
75K100K2012201620202024Typical 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, November 2013: AED 95,000 a yearNew contract, November 2014: AED 100,000 a yearNew contract, November 2015: AED 115,000 a yearNew contract, December 2016: AED 105,000 a yearRenewal, December 2017: AED 105,000 a yearRenewal, December 2018: AED 100,000 a yearNew contract, December 2019: AED 70,000 a yearRenewal, December 2020: AED 70,000 a yearNew contract, June 2023: AED 100,000 a yearNew contract, May 2024: AED 100,000 a yearNew contract, July 2025: AED 95,000 a yearNew contract, July 2025: AED 95,000 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 408 sits

All 116 1-beds →

408 last sold in July 2013 at AED 1,635 per sqft, in line with what one-beds in Boulevard Central 1 were fetching at the time (AED 1,622). 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. 408's AED 95,000 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
4071-bedAED 1.4M · Feb 2018
4091-bedAED 1.55M · Jun 2013

408, Boulevard Central 1 in numbers

  • Sold twice: first on 29 June 2010 for AED 1,317,888, last on 24 July 2013 for AED 1,317,888 (AED 1,635 per sqft).
  • Rented since November 2013 on 12 Ejari contracts. The rent fell from AED 95,000 to AED 70,000 in 2020 and recovered to AED 95,000 by July 2025.
  • At AED 95,000 a year the gross yield on the 2013 price is 7.2%, before a service charge of about AED 19,500 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 18 July 2025.

Questions about 408, Boulevard Central 1

What did unit 408 last sell for?

AED 1,317,888 on 24 July 2013: AED 1,635 per sqft for 806 sqft. The unit has 2 registered sales; the first was AED 1,317,888 in June 2010.

What is the rent for unit 408?

AED 95,000 a year on the contract signed on 18 July 2025. The previous contract, from July 2025, was AED 95,000; the unit has been rented since November 2013.

How big is unit 408?

806 sqft (74.9 sqm): a one-bedroom apartment on the 4th floor of a 24-storey tower completed in 2012.

What is unit 408 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 408, Boulevard Central 1

Starts from the last sale price (AED 1.32M, 24 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,317,888
Deposit, UAE resident (20%)
AED 263,578
Deposit, non-resident (40%)
AED 527,155
Monthly over 25 years at 3.7%
AED 5,392

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