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2-bed · 1,167 sqftBoulevard Central 1, Downtown Dubai · 5th floor · completed 2012

501, Boulevard Central 1

Sold prices and rental history: sold 3 times, last in December 2022, and rented once, from November 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 5 December 2022
Last soldAED 1.85M5 December 2022
Current rentAED 110K /yr15 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 501, Boulevard Central 1

What is 501 worth today?

Last sold for AED 1,850,000 in 2022

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5 Dec 2022SoldReady
AED 1,850,000AED 1,584 per sqft
15 Nov 2021RentedNew contract
AED 110,000/yr12 months · AED 94 per sqft
24 Apr 2013SoldReady
AED 2,250,000AED 1,927 per sqft
1 Apr 2013Sold by developerReady
AED 1,719,888AED 1,473 per sqft

Source: Dubai Land Department. Updated 5 December 2022.

Key facts

Type
2-bed apartment
Size
1,167 sqft
Floor
5th of 24
Parking
B2-2079
Developer
Emaar
Completed
2012
Service charge
AED 28,200 /yr
Last sold
AED 1.85M · December 2022
Building
Boulevard Central 1

About 501, Boulevard Central 1

501 is a two-bedroom apartment of 1,167 sqft on the 5th floor of Boulevard Central 1, a 24-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 5 December 2022 for AED 1,850,000, or AED 1,584 per sqft.

One Ejari contract is registered, from 15 November 2021. The current contract, signed on 15 November 2021, is AED 110,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 28,200 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, April 2013: AED 2,250,000 (AED 1,927 per sqft)Sold by developer, April 2013: AED 1,719,888 (AED 1,473 per sqft)Sold, December 2022: AED 1,850,000 (AED 1,584 per sqft)

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

Rents
Unit 501, each contractTypical two-bed in Boulevard Central 1
100K150K2013201720212025Typical 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, November 2021: AED 110,000 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 501 sits

All 64 2-beds →

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. 501's AED 110,000 is in the lower 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 5th floor

All 184 units in Boulevard Central 1
Value
5022-bedAED 2.51M · Jul 2024
5031-bedAED 1.32M · Jan 2014
5041-bedAED 1.67M · Oct 2025
5052-bedAED 2.9M · Jan 2015
5071-bedAED 1.26M · May 2021
5081-bedAED 1.32M · Sep 2013
5091-bedAED 3.27M · Jun 2010

501, Boulevard Central 1 in numbers

  • Sold 3 times: first on 1 April 2013 for AED 1,719,888, last on 5 December 2022 for AED 1,850,000 (AED 1,584 per sqft).
  • Rented since November 2021 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 28,200 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 5 December 2022.

Questions about 501, Boulevard Central 1

What did unit 501 last sell for?

AED 1,850,000 on 5 December 2022: AED 1,584 per sqft for 1,167 sqft. The unit has 3 registered sales; the first was AED 1,719,888 in April 2013.

What is the rent for unit 501?

AED 110,000 a year on the contract signed on 15 November 2021.

How big is unit 501?

1,167 sqft (108.4 sqm): a two-bedroom apartment on the 5th floor of a 24-storey tower completed in 2012.

What is unit 501 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 501, Boulevard Central 1

Starts from the last sale price (AED 1.85M, 5 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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