1503, Boulevard Central 2
Sold prices and rental history: sold 3 times, last in April 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Boulevard Central 2
What is 1503 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 428 sqft
- Floor
- 15th of 22
- Parking
- B3-3127
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 10,400 /yr
- Last sold
- AED 1.16M · April 2017
- Building
- Boulevard Central 2
About 1503, Boulevard Central 2
1503 is a studio of 428 sqft on the 15th floor of Boulevard Central 2, a 22-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 12 April 2017 for AED 1,160,000, or AED 2,708 per sqft, 5% above the AED 2,570 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 76,000 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 10,400 a year.
Sales and rents for 1503 over time
1503 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Boulevard Central 2, and where 1503 sits
All 34 studios →1503 last sold in April 2017 at AED 2,708 per sqft, 5% above what studios in Boulevard Central 2 were fetching at the time (AED 2,570). Over the last 12 months studios sold for AED 1,050,000 to 1,270,000, around AED 2,451 per sqft, and rent for AED 60,000 to 78,000 a year. 1503's AED 76,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Jun 20261 June 2026 | 428 sqft | 1,050,000 | 2,451 | ||
| 1 May 20261 May 2026 | 445 sqft | 1,050,000 | 2,360 | ||
| 16 Jan 202616 January 2026 | 428 sqft | 1,270,000 | 2,965 | ||
| 11 Aug 202511 August 2025 | 468 sqft | 1,050,000 | 2,241 |
Boulevard Central 2
Building191 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%
Other units on the 15th floor
All 191 units in Boulevard Central 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,284 sqft | AED 2.5MAED 2,500,000 · Jun 2022June 2022 | 195,000 /yr | |
| 1502 | 2-bed | 1,329 sqft | AED 2.7MAED 2,700,888 · Oct 2013October 2013 | 148,500 /yr | |
| 1504 | Studio | 78 sqft | AED 840KAED 840,000 · Jan 2013January 2013 | 66,851 /yr | |
| 1505 | 1-bed | 818 sqft | AED 1.34MAED 1,337,888 · Jun 2013June 2013 | 105,000 /yr | |
| 1506 | 1-bed | 915 sqft | AED 1.46MAED 1,463,888 · Jun 2010June 2010 | 112,000 /yr | |
| 1507 | 1-bed | 781 sqft | AED 942KAED 941,975 · Nov 2019November 2019 | 80,000 /yr | |
| 1508 | 1-bed | 75 sqft | AED 1.47MAED 1,471,888 · Jan 2013January 2013 | 125,000 /yr | |
| 1509 | 2-bed | 1,265 sqft | AED 2.83MAED 2,825,000 · Mar 2025March 2025 | 159,000 /yr | |
| 1510 | 1-bed | 923 sqft | AED 1.86MAED 1,860,000 · Mar 2024March 2024 | 135,000 /yr |
1503, Boulevard Central 2 in numbers
- Sold 3 times: first on 29 June 2010 for AED 883,888, last on 12 April 2017 for AED 1,160,000 (AED 2,708 per sqft).
- Rented since July 2017 on 7 Ejari contracts. The rent fell from AED 77,000 to AED 46,000 in 2021 and recovered to AED 76,000 by September 2024.
- At AED 76,000 a year the gross yield on the 2017 price is 6.6%, before a service charge of about AED 10,400 a year (AED 24.19 per sqft).
- Studios in Boulevard Central 2 sold for AED 1,050,000–1,270,000 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 September 2024.
Questions about 1503, Boulevard Central 2
What did unit 1503 last sell for?
AED 1,160,000 on 12 April 2017: AED 2,708 per sqft for 428 sqft. The unit has 3 registered sales; the first was AED 883,888 in June 2010.
What is the rent for unit 1503?
AED 76,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 71,000; the unit has been rented since July 2017.
How big is unit 1503?
428 sqft (39.8 sqm): a studio on the 15th floor of a 22-storey tower completed in 2012.
What is unit 1503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Boulevard Central 2 sold for AED 1,050,000 to 1,270,000 in the last 12 months, around AED 2,451 per sqft.
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Mortgage on 1503, Boulevard Central 2
Starts from the last sale price (AED 1.16M, 12 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,160,000
- Deposit, UAE resident (20%)
- AED 232,000
- Deposit, non-resident (40%)
- AED 464,000
- Monthly over 25 years at 3.7%
- AED 4,746
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →