2-bed · 90 sqftBoulevard Central 2, Downtown Dubai · 5th floor · completed 2012

501, Boulevard Central 2

Sold prices and rental history: sold 4 times, last in January 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 30 January 2013
Last soldAED 2.95M30 January 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Boulevard Central 2

What is 501 worth today?

Last sold for AED 2,950,000 in 2013

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30 Jan 2013SoldReady · flagged as an outlier
AED 2,950,000AED 32,782 per sqft
17 Dec 2012SoldReady · flagged as an outlier
AED 2,042,888AED 22,702 per sqft
14 Oct 2012SoldOff-plan
AED 2,046,888AED 1,593 per sqft
3 Oct 2012Sold by developerOff-plan
AED 2,042,888AED 1,590 per sqft

Source: Dubai Land Department. Updated 30 January 2013.

Key facts

Type
2-bed apartment
Size
90 sqft
Floor
5th of 22
Parking
B1-1035
Developer
Emaar
Completed
2012
Service charge
AED 2,200 /yr
Last sold
AED 2.95M · January 2013

About 501, Boulevard Central 2

501 is a two-bedroom apartment of 90 sqft on the 5th floor of Boulevard Central 2, a 22-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 30 January 2013 for AED 2,950,000, or AED 32,782 per sqft, 1900% above the AED 1,639 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, 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, October 2012: AED 2,046,888 (AED 1,593 per sqft)Sold by developer, October 2012: AED 2,042,888 (AED 1,590 per sqft)

501 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 501, 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 165,000

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 501 sits

All 57 2-beds →

501 last sold in January 2013 at AED 32,782 per sqft, 1900% above what two-beds in Boulevard Central 2 were fetching at the time (AED 1,639). 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.

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 5th floor

All 191 units in Boulevard Central 2
Value
5022-bedAED 3.28M · Apr 2013
503StudioAED 1.13M · May 2015
504StudioAED 780K · Mar 2019
5051-bedAED 1.9M · Feb 2014
5061-bedAED 1.67M · May 2016
507StudioAED 1.19M · Aug 2025
5081-bedAED 1.92M · Jan 2025
1–7 of 9

501, Boulevard Central 2 in numbers

  • Sold 4 times: first on 3 October 2012 for AED 2,042,888, last on 30 January 2013 for AED 2,950,000 (AED 32,782 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 30 January 2013.

Questions about 501, Boulevard Central 2

What did unit 501 last sell for?

AED 2,950,000 on 30 January 2013: AED 32,782 per sqft for 90 sqft. The unit has 4 registered sales; the first was AED 2,042,888 in October 2012.

How big is unit 501?

90 sqft (8.4 sqm): a two-bedroom apartment on the 5th floor of a 22-storey tower completed in 2012.

What is unit 501 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 501, Boulevard Central 2

Starts from the last sale price (AED 2.95M, 30 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

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