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1-bed · 875 sqftBoulevard Central 1, Downtown Dubai · 7th floor · completed 2012

704, Boulevard Central 1

Sold prices and rental history: sold twice, last in April 2014, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 1.33M10 April 2014
Current rentAED 90K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 704, Boulevard Central 1

What is 704 worth today?

Last sold for AED 1,333,888 in 2014

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1 Nov 2022RentedNew contract
AED 90,000/yr12 months · AED 103 per sqft
10 Apr 2014SoldReady
AED 1,333,888AED 1,524 per sqft
29 Jun 2010Sold by developerOff-plan
AED 1,333,888AED 1,524 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type
1-bed apartment
Size
875 sqft
Floor
7th of 24
Parking
B2-2056
Developer
Emaar
Completed
2012
Service charge
AED 21,200 /yr
Last sold
AED 1.33M · April 2014
Building
Boulevard Central 1

About 704, Boulevard Central 1

704 is a one-bedroom apartment of 875 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 10 April 2014 for AED 1,333,888, or AED 1,524 per sqft, 7% below the AED 1,639 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2022. The current contract, signed on 1 November 2022, is AED 90,000 a year: a gross yield of 6.8% on the 2014 price, before the service charge of about AED 21,200 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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 1,524 per sqft)Sold, April 2014: AED 1,333,888 (AED 1,524 per sqft)

704 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 704, each contractTypical one-bed in Boulevard Central 1
60K80K100K2012201620202024Typical 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, November 2022: AED 90,000 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 704 sits

All 116 1-beds →

704 last sold in April 2014 at AED 1,524 per sqft, 7% below what one-beds in Boulevard Central 1 were fetching at the time (AED 1,639). 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. 704's AED 90,000 is in the lower half 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
7031-bedAED 1.63M · Apr 2024
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

704, Boulevard Central 1 in numbers

  • Sold twice: first on 29 June 2010 for AED 1,333,888, last on 10 April 2014 for AED 1,333,888 (AED 1,524 per sqft).
  • Rented since November 2022 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2014 price is 6.8%, before a service charge of about AED 21,200 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 1 November 2022.

Questions about 704, Boulevard Central 1

What did unit 704 last sell for?

AED 1,333,888 on 10 April 2014: AED 1,524 per sqft for 875 sqft. The unit has 2 registered sales; the first was AED 1,333,888 in June 2010.

What is the rent for unit 704?

AED 90,000 a year on the contract signed on 1 November 2022.

How big is unit 704?

875 sqft (81.3 sqm): a one-bedroom apartment on the 7th floor of a 24-storey tower completed in 2012.

What is unit 704 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 704, Boulevard Central 1

Starts from the last sale price (AED 1.33M, 10 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,333,888
Deposit, UAE resident (20%)
AED 266,778
Deposit, non-resident (40%)
AED 533,555
Monthly over 25 years at 3.7%
AED 5,457

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