Studio · 468 sqftBoulevard Central 2, Downtown Dubai · 4th floor · completed 2012

407, Boulevard Central 2

Sold prices and rental history: sold 3 times, last in August 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 17 September 2025
Last soldAED 1.05M11 August 2025
Current rentAED 100K /yr17 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Boulevard Central 2

What is 407 worth today?

Last sold for AED 1,050,000 in 2025

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17 Sep 2025RentedNew contract
AED 100,000/yr12 months · AED 211 per sqft
11 Aug 2025SoldReady
AED 1,050,000AED 2,241 per sqft
3 Nov 2023RentedRenewal
AED 65,000/yr12 months · AED 137 per sqft
3 Nov 2022RentedRenewal
AED 54,500/yr12 months · AED 115 per sqft
3 Nov 2021RentedRenewal
AED 54,500/yr12 months · AED 115 per sqft
3 Nov 2020RentedRenewal
AED 58,000/yr12 months · AED 122 per sqft
3 Nov 2019RentedRenewal
AED 65,000/yr12 months · AED 137 per sqft
3 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 137 per sqft

Source: Dubai Land Department. Updated 17 September 2025.

Key facts

Type
Studio apartment
Size
468 sqft
Floor
4th of 22
Parking
B3-3058
Developer
Emaar
Completed
2012
Service charge
AED 11,300 /yr
Last sold
AED 1.05M · August 2025

About 407, Boulevard Central 2

407 is a studio of 468 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 11 August 2025 for AED 1,050,000, or AED 2,241 per sqft, 12% below the AED 2,539 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 17 September 2025, is AED 100,000 a year: a gross yield of 9.5% on the 2025 price, before the service charge of about AED 11,300 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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 995,888 (AED 2,125 per sqft)Sold, May 2013: AED 995,888 (AED 2,125 per sqft)Sold, August 2025: AED 1,050,000 (AED 2,241 per sqft)

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

Rents
Unit 407, each contractTypical studio in Boulevard Central 2
50K75K100K2013201720212025Typical 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, October 2015: AED 75,000 a yearNew contract, November 2018: AED 65,000 a yearRenewal, November 2019: AED 65,000 a yearRenewal, November 2020: AED 58,000 a yearRenewal, November 2021: AED 54,500 a yearRenewal, November 2022: AED 54,500 a yearRenewal, November 2023: AED 65,000 a yearNew contract, September 2025: AED 100,000 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 407 sits

All 34 studios →

407 last sold in August 2025 at AED 2,241 per sqft, 12% below what studios in Boulevard Central 2 were fetching at the time (AED 2,539). 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. 407's AED 100,000 is at the top 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
5 Aug 20251,190,000
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
404StudioAED 1.1M · May 2016
4051-bedAED 1.56M · May 2024
4061-bedAED 1.08M · Mar 2019
4081-bedAED 1.26M · Sep 2021
1–7 of 9

407, Boulevard Central 2 in numbers

  • Sold 3 times: first on 29 June 2010 for AED 995,888, last on 11 August 2025 for AED 1,050,000 (AED 2,241 per sqft).
  • Rented since October 2015 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 54,500 in 2022 and recovered to AED 100,000 by September 2025.
  • At AED 100,000 a year the gross yield on the 2025 price is 9.5%, before a service charge of about AED 11,300 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 17 September 2025.

Questions about 407, Boulevard Central 2

What did unit 407 last sell for?

AED 1,050,000 on 11 August 2025: AED 2,241 per sqft for 468 sqft. The unit has 3 registered sales; the first was AED 995,888 in June 2010.

What is the rent for unit 407?

AED 100,000 a year on the contract signed on 17 September 2025. The previous contract, from November 2023, was AED 65,000; the unit has been rented since October 2015.

How big is unit 407?

468 sqft (43.5 sqm): a studio on the 4th floor of a 22-storey tower completed in 2012.

What is unit 407 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 407, Boulevard Central 2

Starts from the last sale price (AED 1.05M, 11 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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