2-bed · 1,411 sqftBoulevard Central 1, Downtown Dubai · 7th floor · completed 2012

702, Boulevard Central 1

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 11 September 2023
Last soldAED 2.55M11 September 2023
Current rentAED 138K /yr27 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Boulevard Central 1

What is 702 worth today?

Last sold for AED 2,550,000 in 2023

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11 Sep 2023SoldReady
AED 2,550,000AED 1,807 per sqft
27 Nov 2017RentedNew contract
AED 138,000/yr12 months · AED 98 per sqft
28 May 2016RentedRenewal
AED 175,000/yr10 months · AED 124 per sqft
28 May 2015RentedNew contract
AED 175,000/yr12 months · AED 124 per sqft
28 Jan 2014RentedNew contract
AED 165,000/yr12 months · AED 117 per sqft
3 Oct 2013SoldReady
AED 2,032,000AED 1,440 per sqft
5 Dec 2012Sold by developerOff-plan
AED 2,032,000AED 1,440 per sqft

Source: Dubai Land Department. Updated 11 September 2023.

Key facts

Type
2-bed apartment
Size
1,411 sqft
Floor
7th of 24
Parking
B1-1059
Developer
Emaar
Completed
2012
Service charge
AED 34,100 /yr
Last sold
AED 2.55M · September 2023

About 702, Boulevard Central 1

702 is a two-bedroom apartment of 1,411 sqft on the 7th floor of Boulevard Central 1, a 24-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 11 September 2023 for AED 2,550,000, or AED 1,807 per sqft, in line with the AED 1,766 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 27 November 2017, is AED 138,000 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 34,100 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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 by developer, December 2012: AED 2,032,000 (AED 1,440 per sqft)Sold, October 2013: AED 2,032,000 (AED 1,440 per sqft)Sold, September 2023: AED 2,550,000 (AED 1,807 per sqft)

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

Rents
Unit 702, 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, January 2014: AED 165,000 a yearNew contract, May 2015: AED 175,000 a yearRenewal, May 2016: AED 175,000 a yearNew contract, November 2017: AED 138,000 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 702 sits

All 64 2-beds →

702 last sold in September 2023 at AED 1,807 per sqft, in line with what two-beds in Boulevard Central 1 were fetching at the time (AED 1,766). 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. 702's AED 138,000 is in the upper 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 7th floor

All 184 units in Boulevard Central 1
Value
7012-bedAED 2M · Dec 2013
7031-bedAED 1.63M · Apr 2024
7041-bedAED 1.33M · Apr 2014
7052-bedAED 1.28M · Aug 2020
7061-bedAED 2.03M · Jun 2025
7071-bedAED 1.06M · Sep 2014
7081-bedAED 1.29M · Aug 2018
1–7 of 8

702, Boulevard Central 1 in numbers

  • Sold 3 times: first on 5 December 2012 for AED 2,032,000, last on 11 September 2023 for AED 2,550,000 (AED 1,807 per sqft).
  • Rented since January 2014 on 4 Ejari contracts, from AED 165,000 to AED 138,000 a year.
  • At AED 138,000 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 34,100 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 11 September 2023.

Questions about 702, Boulevard Central 1

What did unit 702 last sell for?

AED 2,550,000 on 11 September 2023: AED 1,807 per sqft for 1,411 sqft. The unit has 3 registered sales; the first was AED 2,032,000 in December 2012.

What is the rent for unit 702?

AED 138,000 a year on the contract signed on 27 November 2017. The previous contract, from May 2016, was AED 175,000; the unit has been rented since January 2014.

How big is unit 702?

1,411 sqft (131.1 sqm): a two-bedroom apartment on the 7th floor of a 24-storey tower completed in 2012.

What is unit 702 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 702, Boulevard Central 1

Starts from the last sale price (AED 2.55M, 11 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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