Studio · 445 sqftBoulevard Central 2, Downtown Dubai · 4th floor · completed 2012

404, Boulevard Central 2

Sold prices and rental history: sold 3 times, last in May 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 1.1M30 May 2016
Current rentAED 62K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Boulevard Central 2

What is 404 worth today?

Last sold for AED 1,100,000 in 2016

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15 Aug 2026RentedNew contract
AED 62,000/yr12 months · AED 140 per sqft
5 Jul 2024RentedRenewal
AED 70,000/yr12 months · AED 159 per sqft
5 Jul 2023RentedNew contract
AED 70,000/yr12 months · AED 159 per sqft
5 Jul 2022RentedNew contract
AED 60,000/yr12 months · AED 136 per sqft
1 Sep 2020RentedRenewal
AED 60,000/yr12 months · AED 136 per sqft
1 Sep 2019RentedNew contract
AED 62,000/yr12 months · AED 140 per sqft
30 May 2016SoldReady
AED 1,100,000AED 2,470 per sqft
16 Jan 2014RentedNew contract
AED 75,000/yr12 months · AED 170 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
Studio apartment
Size
445 sqft
Floor
4th of 22
Parking
B3-3134
Developer
Emaar
Completed
2012
Service charge
AED 10,800 /yr
Last sold
AED 1.1M · May 2016

About 404, Boulevard Central 2

404 is a studio of 445 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 30 May 2016 for AED 1,100,000, or AED 2,470 per sqft, in line with the AED 2,515 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 15 August 2026, is AED 62,000 a year: a gross yield of 5.6% on the 2016 price, before the service charge of about AED 10,800 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical studio in Boulevard Central 2
500K1M2010201520202025Typical sale price by year: 2010 AED 870,388; 2011 AED 437,444; 2012 AED 691,000; 2013 AED 858,388; 2014 AED 1,045,888; 2015 AED 840,000; 2016 AED 1,100,000; 2018 AED 1,060,000; 2019 AED 765,000; 2021 AED 862,500; 2025 AED 1,190,000; 2026 AED 1,050,000Sold by developer, June 2010: AED 850,888 (AED 1,911 per sqft)Sold, January 2014: AED 850,888 (AED 1,911 per sqft)Sold, May 2016: AED 1,100,000 (AED 2,470 per sqft)

404 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 404, each contractTypical studio in Boulevard Central 2
40K60K80K2013201720212025Typical rent by year: 2013 AED 65,000; 2014 AED 75,000; 2015 AED 80,000; 2016 AED 75,175; 2017 AED 75,000; 2018 AED 65,000; 2019 AED 60,000; 2020 AED 48,000; 2021 AED 46,000; 2022 AED 59,000; 2023 AED 70,000; 2024 AED 73,260; 2025 AED 76,500; 2026 AED 68,750New contract, January 2014: AED 75,000 a yearNew contract, September 2019: AED 62,000 a yearRenewal, September 2020: AED 60,000 a yearNew contract, July 2022: AED 60,000 a yearNew contract, July 2023: AED 70,000 a yearRenewal, July 2024: AED 70,000 a yearNew contract, August 2026: AED 62,000 a year

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 404 sits

All 34 studios →

404 last sold in May 2016 at AED 2,470 per sqft, in line with what studios in Boulevard Central 2 were fetching at the time (AED 2,515). 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. 404's AED 62,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Jun 20261,050,000
1 May 20261,050,000
16 Jan 20261,270,000
11 Aug 20251,050,000
3 studio 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
4022-bedAED 2.88M · Jun 2014
403StudioAED 1.05M · Sep 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

404, Boulevard Central 2 in numbers

  • Sold 3 times: first on 29 June 2010 for AED 850,888, last on 30 May 2016 for AED 1,100,000 (AED 2,470 per sqft).
  • Rented since January 2014 on 7 Ejari contracts, from AED 75,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2016 price is 5.6%, before a service charge of about AED 10,800 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 15 August 2026.

Questions about 404, Boulevard Central 2

What did unit 404 last sell for?

AED 1,100,000 on 30 May 2016: AED 2,470 per sqft for 445 sqft. The unit has 3 registered sales; the first was AED 850,888 in June 2010.

What is the rent for unit 404?

AED 62,000 a year on the contract signed on 15 August 2026. The previous contract, from July 2024, was AED 70,000; the unit has been rented since January 2014.

How big is unit 404?

445 sqft (41.3 sqm): a studio on the 4th floor of a 22-storey tower completed in 2012.

What is unit 404 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 404, Boulevard Central 2

Starts from the last sale price (AED 1.1M, 30 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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