2-bed · 1,329 sqftBoulevard Central 2, Downtown Dubai · 15th floor · completed 2012

1502, Boulevard Central 2

Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 2.7M7 October 2013
Current rentAED 149K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Boulevard Central 2

What is 1502 worth today?

Last sold for AED 2,700,888 in 2013

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1 Jun 2024RentedRenewal
AED 148,500/yr12 months · AED 111 per sqft
1 Jun 2023RentedRenewal
AED 135,000/yr12 months · AED 101 per sqft
1 Jun 2022RentedNew contract
AED 135,000/yr12 months · AED 101 per sqft
20 Jun 2021RentedRenewal
AED 120,000/yr12 months · AED 90 per sqft
20 Jun 2020RentedRenewal
AED 120,000/yr12 months · AED 90 per sqft
20 Jun 2019RentedRenewal
AED 125,000/yr12 months · AED 94 per sqft
20 Jun 2018RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
7 Oct 2013Sold by developerReady
AED 2,700,888AED 2,031 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
2-bed apartment
Size
1,329 sqft
Floor
15th of 22
Parking
B1-1114
Developer
Emaar
Completed
2012
Service charge
AED 32,200 /yr
Last sold
AED 2.7M · October 2013

About 1502, Boulevard Central 2

1502 is a two-bedroom apartment of 1,329 sqft on the 15th floor of Boulevard Central 2, a 22-storey tower in Downtown Dubai completed in 2012 by Emaar. The developer sold it on 7 October 2013 for AED 2,700,888, or AED 2,031 per sqft, 19% above the AED 1,709 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 148,500 a year: a gross yield of 5.5% on the 2013 price, before the service charge of about AED 32,200 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical two-bed in Boulevard Central 2
2M3M4M2010201520202025Typical sale price by year: 2010 AED 2,071,388; 2012 AED 2,111,000; 2013 AED 2,194,444; 2014 AED 2,715,000; 2015 AED 3,800,000; 2016 AED 3,020,000; 2021 AED 1,825,000; 2022 AED 2,075,000; 2023 AED 2,475,000; 2024 AED 2,922,944; 2025 AED 2,825,000; 2026 AED 3,060,000Sold by developer, October 2013: AED 2,700,888 (AED 2,031 per sqft)

1502 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1502, each contractTypical two-bed in Boulevard Central 2
100K150K2013201720212025Typical rent by year: 2013 AED 146,500; 2014 AED 161,250; 2015 AED 165,000; 2016 AED 163,750; 2017 AED 150,000; 2018 AED 135,000; 2019 AED 120,000; 2020 AED 95,000; 2021 AED 97,750; 2022 AED 112,750; 2023 AED 135,000; 2024 AED 163,875; 2025 AED 157,500; 2026 AED 165,000New contract, June 2018: AED 125,000 a yearRenewal, June 2019: AED 125,000 a yearRenewal, June 2020: AED 120,000 a yearRenewal, June 2021: AED 120,000 a yearNew contract, June 2022: AED 135,000 a yearRenewal, June 2023: AED 135,000 a yearRenewal, June 2024: AED 148,500 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 2, and where 1502 sits

All 57 2-beds →

1502 last sold in October 2013 at AED 2,031 per sqft, 19% above what two-beds in Boulevard Central 2 were fetching at the time (AED 1,709). Over the last 12 months two-beds sold for AED 2,850,000 to 3,250,000, around AED 2,371 per sqft, and rent for AED 130,000 to 245,000 a year. 1502's AED 148,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 20263,000,000
29 Sep 20263,120,000
21 Apr 20262,900,000
20 Feb 20263,250,000
5 2-bed sales in the last 12 months

Boulevard Central 2

Building

191 apartments, studios to 3-bed over 22 floors in Downtown Dubai, completed in 2012 by Emaar. 20 sold in the last 12 months.

Typical price per sqft
AED 2,282 Up 1.7%
Typical sale
AED 2.05M
Typical rent
AED 112K /yr
Typical yield
5.6%
Boulevard Central 2, Downtown Dubai: prices, sales and rents →

Other units on the 15th floor

All 191 units in Boulevard Central 2
Value
15012-bedAED 2.5M · Jun 2022
1503StudioAED 1.16M · Apr 2017
1504StudioAED 840K · Jan 2013
15051-bedAED 1.34M · Jun 2013
15061-bedAED 1.46M · Jun 2010
15071-bedAED 942K · Nov 2019
15081-bedAED 1.47M · Jan 2013
1–7 of 9

1502, Boulevard Central 2 in numbers

  • Sold once: by Emaar on 7 October 2013 for AED 2,700,888, or AED 2,031 per sqft.
  • Rented since June 2018 on 7 Ejari contracts, from AED 125,000 to AED 148,500 a year.
  • At AED 148,500 a year the gross yield on the 2013 price is 5.5%, before a service charge of about AED 32,200 a year (AED 24.19 per sqft).
  • Two-beds in Boulevard Central 2 sold for AED 2,850,000–3,250,000 in the 12 months to November 2026; the building's median across all types is AED 2,282 per sqft.

Source: Dubai Land Department. Updated 1 June 2024.

Questions about 1502, Boulevard Central 2

What did unit 1502 last sell for?

AED 2,700,888 on 7 October 2013, sold by the developer: AED 2,031 per sqft for 1,329 sqft. It is the only registered sale of the unit.

What is the rent for unit 1502?

AED 148,500 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 135,000; the unit has been rented since June 2018.

How big is unit 1502?

1,329 sqft (123.5 sqm): a two-bedroom apartment on the 15th floor of a 22-storey tower completed in 2012.

What is unit 1502 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 2 sold for AED 2,850,000 to 3,250,000 in the last 12 months, around AED 2,371 per sqft.

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Mortgage on 1502, Boulevard Central 2

Starts from the last sale price (AED 2.7M, 7 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,888
Deposit, UAE resident (20%)
AED 540,178
Deposit, non-resident (40%)
AED 1,080,355
Monthly over 25 years at 3.7%
AED 11,050

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