1-bed · 979 sqftBoulevard Central 2, Downtown Dubai · 4th floor · completed 2012

408, Boulevard Central 2

Sold prices and rental history: sold 3 times, last in September 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 15 July 2022
Last soldAED 1.26M2 September 2021
Current rentAED 50K /yr15 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Boulevard Central 2

What is 408 worth today?

Last sold for AED 1,260,000 in 2021

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15 Jul 2022RentedNew contract
AED 50,000/yr12 months · AED 51 per sqft
2 Sep 2021SoldReady
AED 1,260,000AED 1,286 per sqft
28 Feb 2021RentedNew contract
AED 78,000/yr12 months · AED 80 per sqft
1 Dec 2019RentedNew contract
AED 81,000/yr12 months · AED 83 per sqft
23 Mar 2017RentedNew contract
AED 120,000/yr12 months · AED 123 per sqft
26 Feb 2015RentedNew contract
AED 125,000/yr12 months · AED 128 per sqft
3 Oct 2013SoldReady
AED 1,429,888AED 1,460 per sqft
29 Jun 2010Sold by developerOff-plan
AED 1,429,888AED 1,460 per sqft

Source: Dubai Land Department. Updated 15 July 2022.

Key facts

Type
1-bed apartment
Size
979 sqft
Floor
4th of 22
Parking
B2-2043
Developer
Emaar
Completed
2012
Service charge
AED 23,700 /yr
Last sold
AED 1.26M · September 2021

About 408, Boulevard Central 2

408 is a one-bedroom apartment of 979 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 2 September 2021 for AED 1,260,000, or AED 1,286 per sqft, in line with the AED 1,273 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 15 July 2022, is AED 50,000 a year: a gross yield of 4.0% on the 2021 price, before the service charge of about AED 23,700 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Boulevard Central 2
1M2M2010201520202025Typical sale price by year: 2010 AED 1,332,888; 2011 AED 648,944; 2012 AED 1,397,888; 2013 AED 1,403,888; 2014 AED 1,620,000; 2015 AED 1,717,000; 2016 AED 1,512,500; 2020 AED 1,085,000; 2021 AED 1,150,000; 2022 AED 1,350,500; 2023 AED 1,487,500; 2024 AED 1,855,000; 2025 AED 1,932,500; 2026 AED 1,950,000Sold by developer, June 2010: AED 1,429,888 (AED 1,460 per sqft)Sold, October 2013: AED 1,429,888 (AED 1,460 per sqft)Sold, September 2021: AED 1,260,000 (AED 1,286 per sqft)

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

Rents
Unit 408, each contractTypical one-bed in Boulevard Central 2
50K100K2013201720212025Typical rent by year: 2013 AED 93,500; 2014 AED 105,000; 2015 AED 114,000; 2016 AED 110,000; 2017 AED 105,000; 2018 AED 95,000; 2019 AED 80,000; 2020 AED 74,250; 2021 AED 71,500; 2022 AED 82,250; 2023 AED 92,000; 2024 AED 110,000; 2025 AED 115,000; 2026 AED 110,000New contract, February 2015: AED 125,000 a yearNew contract, March 2017: AED 120,000 a yearNew contract, December 2019: AED 81,000 a yearNew contract, February 2021: AED 78,000 a yearNew contract, July 2022: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Boulevard Central 2, and where 408 sits

All 98 1-beds →

408 last sold in September 2021 at AED 1,286 per sqft, in line with what one-beds in Boulevard Central 2 were fetching at the time (AED 1,273). Over the last 12 months one-beds sold for AED 1,680,000 to 2,560,000, around AED 2,101 per sqft, and rent for AED 80,000 to 180,000 a year. 408's AED 50,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Oct 20262,560,000
19 Aug 20262,300,000
3 Aug 20261,680,000
28 Jul 20262,125,000
12 1-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
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
407StudioAED 1.05M · Aug 2025
1–7 of 9

408, Boulevard Central 2 in numbers

  • Sold 3 times: first on 29 June 2010 for AED 1,429,888, last on 2 September 2021 for AED 1,260,000 (AED 1,286 per sqft).
  • Rented since February 2015 on 5 Ejari contracts, from AED 125,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2021 price is 4.0%, before a service charge of about AED 23,700 a year (AED 24.19 per sqft).
  • One-beds in Boulevard Central 2 sold for AED 1,680,000–2,560,000 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 July 2022.

Questions about 408, Boulevard Central 2

What did unit 408 last sell for?

AED 1,260,000 on 2 September 2021: AED 1,286 per sqft for 979 sqft. The unit has 3 registered sales; the first was AED 1,429,888 in June 2010.

What is the rent for unit 408?

AED 50,000 a year on the contract signed on 15 July 2022. The previous contract, from February 2021, was AED 78,000; the unit has been rented since February 2015.

How big is unit 408?

979 sqft (91.0 sqm): a one-bedroom apartment on the 4th floor of a 22-storey tower completed in 2012.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Boulevard Central 2 sold for AED 1,680,000 to 2,560,000 in the last 12 months, around AED 2,101 per sqft.

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Mortgage on 408, Boulevard Central 2

Starts from the last sale price (AED 1.26M, 2 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,260,000
Deposit, UAE resident (20%)
AED 252,000
Deposit, non-resident (40%)
AED 504,000
Monthly over 25 years at 3.7%
AED 5,155

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