2-bed · 1,267 sqftBoulevard Central 2, Downtown Dubai · 4th floor · completed 2012

409, Boulevard Central 2

Sold prices and rental history: sold 6 times, last in May 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 2.25M23 May 2023
Current rentAED 160K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Boulevard Central 2

What is 409 worth today?

Last sold for AED 2,250,000 in 2023

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15 Feb 2026RentedNew contract
AED 160,000/yr12 months · AED 126 per sqft
23 May 2023SoldReady
AED 2,250,000AED 1,775 per sqft
24 Feb 2021RentedRenewal
AED 110,000/yr6 months · AED 87 per sqft
24 Feb 2020RentedNew contract
AED 115,000/yr12 months · AED 91 per sqft
22 Oct 2018RentedNew contract
AED 135,000/yr12 months · AED 106 per sqft
9 Feb 2015SoldReady
AED 2,450,000AED 1,933 per sqft
25 Mar 2014SoldReady
AED 2,550,000AED 2,012 per sqft
5 Jun 2013SoldReady
AED 996,944AED 786 per sqft

Source: Dubai Land Department. Updated 15 February 2026.

Key facts

Type
2-bed apartment
Size
1,267 sqft
Floor
4th of 22
Parking
B1-1050
Developer
Emaar
Completed
2012
Service charge
AED 30,700 /yr
Last sold
AED 2.25M · May 2023

About 409, Boulevard Central 2

409 is a two-bedroom apartment of 1,267 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 23 May 2023 for AED 2,250,000, or AED 1,775 per sqft, 14% above the AED 1,559 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 15 February 2026, is AED 160,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 30,700 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical two-bed in Boulevard Central 2
2M4M2010201520202025Typical 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, June 2010: AED 1,993,888 (AED 1,573 per sqft)Sold, June 2013: AED 996,944 (AED 786 per sqft)Sold, March 2014: AED 2,550,000 (AED 2,012 per sqft)Sold, February 2015: AED 2,450,000 (AED 1,933 per sqft)Sold, May 2023: AED 2,250,000 (AED 1,775 per sqft)

409 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 409, 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, October 2018: AED 135,000 a yearNew contract, February 2020: AED 115,000 a yearRenewal, February 2021: AED 110,000 a yearNew contract, February 2026: AED 160,000 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 409 sits

All 57 2-beds →

409 last sold in May 2023 at AED 1,775 per sqft, 14% above what two-beds in Boulevard Central 2 were fetching at the time (AED 1,559). 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. 409's AED 160,000 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
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

409, Boulevard Central 2 in numbers

  • Sold 6 times: first on 29 June 2010 for AED 1,993,888, last on 23 May 2023 for AED 2,250,000 (AED 1,775 per sqft).
  • Rented since October 2018 on 4 Ejari contracts. The rent fell from AED 135,000 to AED 110,000 in 2021 and recovered to AED 160,000 by February 2026.
  • At AED 160,000 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 30,700 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 15 February 2026.

Questions about 409, Boulevard Central 2

What did unit 409 last sell for?

AED 2,250,000 on 23 May 2023: AED 1,775 per sqft for 1,267 sqft. The unit has 6 registered sales; the first was AED 1,993,888 in June 2010.

What is the rent for unit 409?

AED 160,000 a year on the contract signed on 15 February 2026. The previous contract, from February 2021, was AED 110,000; the unit has been rented since October 2018.

How big is unit 409?

1,267 sqft (117.7 sqm): a two-bedroom apartment on the 4th floor of a 22-storey tower completed in 2012.

What is unit 409 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 409, Boulevard Central 2

Starts from the last sale price (AED 2.25M, 23 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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