2-bed · 1,265 sqftBoulevard Central 2, Downtown Dubai · 16th floor · completed 2012

1609, Boulevard Central 2

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

Unit 1609 · DLD and Ejari recordsUpdated 1 December 2018
Last soldAED 2.32M26 March 2013
Current rentAED 120K /yr1 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1609, Boulevard Central 2

What is 1609 worth today?

Last sold for AED 2,320,000 in 2013

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1 Dec 2018RentedNew contract
AED 120,000/yr12 months · AED 94 per sqft
15 Nov 2017RentedRenewal
AED 142,000/yr12 months · AED 112 per sqft
15 Nov 2016RentedRenewal
AED 142,000/yr12 months · AED 112 per sqft
15 Nov 2015RentedRenewal
AED 150,000/yr12 months · AED 118 per sqft
15 Nov 2014RentedNew contract
AED 150,000/yr12 months · AED 118 per sqft
3 Jun 2013RentedNew contract
AED 135,000/yr12 months · AED 106 per sqft
26 Mar 2013SoldReady
AED 2,320,000AED 1,833 per sqft
20 Feb 2013SoldReady · flagged as an outlier
AED 2,200,000AED 30,145 per sqft

Source: Dubai Land Department. Updated 1 December 2018.

Key facts

Type
2-bed apartment
Size
1,265 sqft
Floor
16th of 22
Parking
B1-1046
Developer
Emaar
Completed
2012
Service charge
AED 30,600 /yr
Last sold
AED 2.32M · March 2013

About 1609, Boulevard Central 2

1609 is a two-bedroom apartment of 1,265 sqft on the 16th floor of Boulevard Central 2, a 22-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 26 March 2013 for AED 2,320,000, or AED 1,833 per sqft, 11% above the AED 1,644 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 December 2018, is AED 120,000 a year: a gross yield of 5.2% on the 2013 price, before the service charge of about AED 30,600 a year.

Sales and rents for 1609 over time

Sales
Unit 1609, 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, July 2010: AED 2,073,888 (AED 1,639 per sqft)Sold, March 2013: AED 2,320,000 (AED 1,833 per sqft)

1609 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1609, 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 2013: AED 135,000 a yearNew contract, November 2014: AED 150,000 a yearRenewal, November 2015: AED 150,000 a yearRenewal, November 2016: AED 142,000 a yearRenewal, November 2017: AED 142,000 a yearNew contract, December 2018: AED 120,000 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 2, and where 1609 sits

All 57 2-beds →

1609 last sold in March 2013 at AED 1,833 per sqft, 11% above what two-beds in Boulevard Central 2 were fetching at the time (AED 1,644). 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. 1609's AED 120,000 is at the bottom 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 16th floor

All 191 units in Boulevard Central 2
Value
16012-bedAED 2.85M · Nov 2025
16022-bedAED 3.85M · Oct 2015
1603StudioAED 840K · Dec 2012
1604StudioAED 443K · Feb 2013
16051-bedAED 706K · Aug 2013
16061-bedAED 1.47M · Jun 2010
16071-bedAED 1.27M · Jun 2013
1–7 of 9

1609, Boulevard Central 2 in numbers

  • Sold 4 times: first on 14 July 2010 for AED 2,073,888, last on 26 March 2013 for AED 2,320,000 (AED 1,833 per sqft).
  • Rented since June 2013 on 6 Ejari contracts, from AED 135,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2013 price is 5.2%, before a service charge of about AED 30,600 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 December 2018.

Questions about 1609, Boulevard Central 2

What did unit 1609 last sell for?

AED 2,320,000 on 26 March 2013: AED 1,833 per sqft for 1,265 sqft. The unit has 4 registered sales; the first was AED 2,073,888 in July 2010.

What is the rent for unit 1609?

AED 120,000 a year on the contract signed on 1 December 2018. The previous contract, from November 2017, was AED 142,000; the unit has been rented since June 2013.

How big is unit 1609?

1,265 sqft (117.5 sqm): a two-bedroom apartment on the 16th floor of a 22-storey tower completed in 2012.

What is unit 1609 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 1609, Boulevard Central 2

Starts from the last sale price (AED 2.32M, 26 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,320,000
Deposit, UAE resident (20%)
AED 464,000
Deposit, non-resident (40%)
AED 928,000
Monthly over 25 years at 3.7%
AED 9,492

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