1-bed · 838 sqftBoulevard Central 1, Downtown Dubai · 7th floor · completed 2012

703, Boulevard Central 1

Sold prices and rental history: sold 4 times, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 26 January 2025
Last soldAED 1.63M2 April 2024
Current rentAED 24K /yr26 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Boulevard Central 1

What is 703 worth today?

Last sold for AED 1,630,000 in 2024

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26 Jan 2025RentedRenewal
AED 23,952/yr15 months · AED 29 per sqft
26 Jan 2025RentedRenewal
AED 23,952/yr15 months · AED 29 per sqft
2 Apr 2024SoldReady
AED 1,630,000AED 1,944 per sqft
26 Jan 2024RentedNew contract
AED 110,000/yr12 months · AED 131 per sqft
3 May 2023SoldReady
AED 1,116,000AED 1,331 per sqft
2 Feb 2023RentedRenewal
AED 76,000/yr12 months · AED 91 per sqft
2 Feb 2022RentedRenewal
AED 68,000/yr12 months · AED 81 per sqft
2 Feb 2021RentedNew contract
AED 62,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 26 January 2025.

Key facts

Type
1-bed apartment
Size
838 sqft
Floor
7th of 24
Parking
B3-3065
Developer
Emaar
Completed
2012
Service charge
AED 20,300 /yr
Last sold
AED 1.63M · April 2024

About 703, Boulevard Central 1

703 is a one-bedroom apartment of 838 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 2 April 2024 for AED 1,630,000, or AED 1,944 per sqft, 6% above the AED 1,834 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 26 January 2025, is AED 23,952 a year: a gross yield of 1.5% on the 2024 price, before the service charge of about AED 20,300 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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 1,333,888 (AED 1,591 per sqft)Sold, August 2010: AED 1,333,888 (AED 1,591 per sqft)Sold, May 2023: AED 1,116,000 (AED 1,331 per sqft)Sold, April 2024: AED 1,630,000 (AED 1,944 per sqft)

703 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 703, each contractTypical one-bed in Boulevard Central 1
50K100K2012201620202024Typical 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, December 2013: AED 83,000 a yearNew contract, December 2014: AED 83,000 a yearRenewal, December 2015: AED 83,000 a yearRenewal, December 2016: AED 91,300 a yearRenewal, December 2017: AED 91,300 a yearRenewal, December 2018: AED 91,300 a yearNew contract, January 2020: AED 72,000 a yearNew contract, February 2021: AED 62,000 a yearRenewal, February 2022: AED 68,000 a yearRenewal, February 2023: AED 76,000 a yearNew contract, January 2024: AED 110,000 a yearRenewal, January 2025: AED 23,952 a yearRenewal, January 2025: AED 23,952 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 703 sits

All 116 1-beds →

703 last sold in April 2024 at AED 1,944 per sqft, 6% above what one-beds in Boulevard Central 1 were fetching at the time (AED 1,834). 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. 703's AED 23,952 is at the bottom 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 7th floor

All 184 units in Boulevard Central 1
Value
7012-bedAED 2M · Dec 2013
7022-bedAED 2.55M · Sep 2023
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

703, Boulevard Central 1 in numbers

  • Sold 4 times: first on 29 June 2010 for AED 1,333,888, last on 2 April 2024 for AED 1,630,000 (AED 1,944 per sqft).
  • Rented since December 2013 on 13 Ejari contracts, from AED 83,000 to AED 23,952 a year.
  • At AED 23,952 a year the gross yield on the 2024 price is 1.5%, before a service charge of about AED 20,300 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 26 January 2025.

Questions about 703, Boulevard Central 1

What did unit 703 last sell for?

AED 1,630,000 on 2 April 2024: AED 1,944 per sqft for 838 sqft. The unit has 4 registered sales; the first was AED 1,333,888 in June 2010.

What is the rent for unit 703?

AED 23,952 a year on the contract renewed on 26 January 2025. The previous contract, from January 2025, was AED 23,952; the unit has been rented since December 2013.

How big is unit 703?

838 sqft (77.9 sqm): a one-bedroom apartment on the 7th floor of a 24-storey tower completed in 2012.

What is unit 703 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 703, Boulevard Central 1

Starts from the last sale price (AED 1.63M, 2 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,630,000
Deposit, UAE resident (20%)
AED 326,000
Deposit, non-resident (40%)
AED 652,000
Monthly over 25 years at 3.7%
AED 6,669

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