507, Boulevard Central 1
Sold prices and rental history: sold 4 times, last in May 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Boulevard Central 1
What is 507 worth today?
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Source: Dubai Land Department. Updated 12 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 974 sqft
- Floor
- 5th of 24
- Parking
- B2-2103
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 23,600 /yr
- Last sold
- AED 1.26M · May 2021
- Building
- Boulevard Central 1
About 507, Boulevard Central 1
507 is a one-bedroom apartment of 974 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 18 May 2021 for AED 1,260,000, or AED 1,294 per sqft, 4% above the AED 1,247 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 12 March 2024, is AED 112,000 a year: a gross yield of 8.9% on the 2021 price, before the service charge of about AED 23,600 a year.
Sales and rents for 507 over time
507 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 507 sits
All 116 1-beds →507 last sold in May 2021 at AED 1,294 per sqft, 4% above what one-beds in Boulevard Central 1 were fetching at the time (AED 1,247). 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. 507's AED 112,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Aug 202610 August 2026 | 875 sqft | 12,088 | 13 | ||
| 10 Apr 202610 April 2026 | 767 sqft | 2,115,000 | 2,758 | ||
| 30 Mar 202630 March 2026 | 1,165 sqft | 2,500,000 | 2,145 | ||
| 27 Feb 202627 February 2026 | 757 sqft | 2,200,000 | 2,907 |
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 | |
| 502 | 2-bed | 1,421 sqft | AED 2.51MAED 2,512,500 · Jul 2024July 2024 | 173,250 /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 | |
| 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 |
507, Boulevard Central 1 in numbers
- Sold 4 times: first on 2 September 2010 for AED 737,444, last on 18 May 2021 for AED 1,260,000 (AED 1,294 per sqft).
- Rented since March 2015 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 80,225 in 2020 and recovered to AED 112,000 by March 2024.
- At AED 112,000 a year the gross yield on the 2021 price is 8.9%, 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 12 March 2024.
Questions about 507, Boulevard Central 1
What did unit 507 last sell for?
AED 1,260,000 on 18 May 2021: AED 1,294 per sqft for 974 sqft. The unit has 4 registered sales; the first was AED 737,444 in September 2010.
What is the rent for unit 507?
AED 112,000 a year on the contract renewed on 12 March 2024. The previous contract, from March 2023, was AED 97,500; the unit has been rented since March 2015.
How big is unit 507?
974 sqft (90.5 sqm): a one-bedroom apartment on the 5th floor of a 24-storey tower completed in 2012.
What is unit 507 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 507, Boulevard Central 1
Starts from the last sale price (AED 1.26M, 18 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,260,000
- Deposit, UAE resident (20%)
- AED 252,000
- Deposit, non-resident (40%)
- AED 504,000
- Monthly over 25 years at 3.7%
- AED 5,155
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →