2-bed · 1,329 sqftBoulevard Central 2, Downtown Dubai · 4th floor · completed 2012

402, Boulevard Central 2

Sold prices and rental history: sold 3 times, last in June 2014, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 1 January 2016
Last soldAED 2.88M22 June 2014
Current rentAED 140K /yr1 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Boulevard Central 2

What is 402 worth today?

Last sold for AED 2,880,000 in 2014

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1 Jan 2016RentedRenewal
AED 140,000/yr60 months · AED 105 per sqft
1 Jan 2015RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
22 Jun 2014SoldReady
AED 2,880,000AED 2,166 per sqft
6 Jan 2013SoldOff-plan
AED 2,880,000AED 2,166 per sqft
29 Nov 2012Sold by developerOff-plan
AED 2,179,888AED 1,639 per sqft

Source: Dubai Land Department. Updated 1 January 2016.

Key facts

Type
2-bed apartment
Size
1,329 sqft
Floor
4th of 22
Parking
B1-1108
Developer
Emaar
Completed
2012
Service charge
AED 32,200 /yr
Last sold
AED 2.88M · June 2014

About 402, Boulevard Central 2

402 is a two-bedroom apartment of 1,329 sqft on the 4th floor of Boulevard Central 2, a 22-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 22 June 2014 for AED 2,880,000, or AED 2,166 per sqft, 8% above the AED 2,004 two-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 1 January 2016, is AED 140,000 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 32,200 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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, November 2012: AED 2,179,888 (AED 1,639 per sqft)Sold, January 2013: AED 2,880,000 (AED 2,166 per sqft)Sold, June 2014: AED 2,880,000 (AED 2,166 per sqft)

402 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 402, 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, January 2015: AED 130,000 a yearRenewal, January 2016: AED 140,000 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 402 sits

All 57 2-beds →

402 last sold in June 2014 at AED 2,166 per sqft, 8% above what two-beds in Boulevard Central 2 were fetching at the time (AED 2,004). 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. 402's AED 140,000 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 4th floor

All 191 units in Boulevard Central 2
Value
4012-bedAED 1.64M · Jan 2021
403StudioAED 1.05M · Sep 2016
404StudioAED 1.1M · May 2016
4051-bedAED 1.56M · May 2024
4061-bedAED 1.08M · Mar 2019
407StudioAED 1.05M · Aug 2025
4081-bedAED 1.26M · Sep 2021
1–7 of 9

402, Boulevard Central 2 in numbers

  • Sold 3 times: first on 29 November 2012 for AED 2,179,888, last on 22 June 2014 for AED 2,880,000 (AED 2,166 per sqft).
  • Rented since January 2015 on 2 Ejari contracts, from AED 130,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2014 price is 4.9%, 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 January 2016.

Questions about 402, Boulevard Central 2

What did unit 402 last sell for?

AED 2,880,000 on 22 June 2014: AED 2,166 per sqft for 1,329 sqft. The unit has 3 registered sales; the first was AED 2,179,888 in November 2012.

What is the rent for unit 402?

AED 140,000 a year on the contract renewed on 1 January 2016. The previous contract, from January 2015, was AED 130,000.

How big is unit 402?

1,329 sqft (123.5 sqm): a two-bedroom apartment on the 4th floor of a 22-storey tower completed in 2012.

What is unit 402 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 402, Boulevard Central 2

Starts from the last sale price (AED 2.88M, 22 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,880,000
Deposit, UAE resident (20%)
AED 576,000
Deposit, non-resident (40%)
AED 1,152,000
Monthly over 25 years at 3.7%
AED 11,783

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