502, Boulevard Central 1
Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Boulevard Central 1
What is 502 worth today?
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Source: Dubai Land Department. Updated 3 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,421 sqft
- Floor
- 5th of 24
- Parking
- B1-1061
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 34,400 /yr
- Last sold
- AED 2.51M · July 2024
- Building
- Boulevard Central 1
About 502, Boulevard Central 1
502 is a two-bedroom apartment of 1,421 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 3 July 2024 for AED 2,512,500, or AED 1,768 per sqft, 5% below the AED 1,853 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 18 March 2024, is AED 173,250 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 34,400 a year.
Sales and rents for 502 over time
502 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 502 sits
All 64 2-beds →502 last sold in July 2024 at AED 1,768 per sqft, 5% below what two-beds in Boulevard Central 1 were fetching at the time (AED 1,853). 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. 502's AED 173,250 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Sep 202622 September 2026 | 1,411 sqft | 2,700,000 | 1,913 | ||
| 27 Jul 202627 July 2026 | 1,160 sqft | 40,041 | 34 | ||
| 19 Jun 202619 June 2026 | 1,163 sqft | 2,750,000 | 2,365 | ||
| 7 Jan 20267 January 2026 | 1,160 sqft | 109,474 | 94 |
Boulevard Central 1
Building184 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%
Other units on the 5th floor
All 184 units in Boulevard Central 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,167 sqft | AED 1.85MAED 1,850,000 · Dec 2022December 2022 | 110,000 /yr | |
| 503 | 1-bed | 839 sqft | AED 1.32MAED 1,323,888 · Jan 2014January 2014 | 90,000 /yr | |
| 504 | 1-bed | 876 sqft | AED 1.67MAED 1,673,000 · Oct 2025October 2025 | 105,000 /yr | |
| 505 | 2-bed | 1,148 sqft | AED 2.9MAED 2,900,000 · Jan 2015January 2015 | 75,000 /yr | |
| 507 | 1-bed | 974 sqft | AED 1.26MAED 1,260,000 · May 2021May 2021 | 112,000 /yr | |
| 508 | 1-bed | 806 sqft | AED 1.32MAED 1,320,888 · Sep 2013September 2013 | 95,000 /yr | |
| 509 | 1-bed | 757 sqft | AED 3.27MAED 3,270,888 · Jun 2010June 2010 |
502, Boulevard Central 1 in numbers
- Sold 4 times: first on 7 February 2013 for AED 2,251,888, last on 3 July 2024 for AED 2,512,500 (AED 1,768 per sqft).
- Rented since January 2021 on 4 Ejari contracts, from AED 90,000 to AED 173,250 a year.
- At AED 173,250 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 34,400 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 3 July 2024.
Questions about 502, Boulevard Central 1
What did unit 502 last sell for?
AED 2,512,500 on 3 July 2024: AED 1,768 per sqft for 1,421 sqft. The unit has 4 registered sales; the first was AED 2,251,888 in February 2013.
What is the rent for unit 502?
AED 173,250 a year on the contract renewed on 18 March 2024. The previous contract, from March 2023, was AED 165,000; the unit has been rented since January 2021.
How big is unit 502?
1,421 sqft (132.0 sqm): a two-bedroom apartment on the 5th floor of a 24-storey tower completed in 2012.
What is unit 502 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 502, Boulevard Central 1
Starts from the last sale price (AED 2.51M, 3 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,512,500
- Deposit, UAE resident (20%)
- AED 502,500
- Deposit, non-resident (40%)
- AED 1,005,000
- Monthly over 25 years at 3.7%
- AED 10,279
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →