503, Boulevard Central 2
Sold prices and rental history: sold 3 times, last in May 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Boulevard Central 2
What is 503 worth today?
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Source: Dubai Land Department. Updated 2 March 2024.
Key facts
- Type
- Studio apartment
- Size
- 428 sqft
- Floor
- 5th of 22
- Parking
- B3-3135
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 10,400 /yr
- Last sold
- AED 1.13M · May 2015
- Building
- Boulevard Central 2
About 503, Boulevard Central 2
503 is a studio of 428 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 31 May 2015 for AED 1,125,000, or AED 2,628 per sqft, in line with the AED 2,628 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 2 March 2024, is AED 73,260 a year: a gross yield of 6.5% on the 2015 price, before the service charge of about AED 10,400 a year.
Sales and rents for 503 over time
503 has sold 3 times; the dashed line is the studio median of each year in the building.
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 503 sits
All 34 studios →503 last sold in May 2015 at AED 2,628 per sqft, in line with what studios in Boulevard Central 2 were fetching at the time (AED 2,628). 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. 503's AED 73,260 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Jun 20261 June 2026 | 428 sqft | 1,050,000 | 2,451 | ||
| 1 May 20261 May 2026 | 445 sqft | 1,050,000 | 2,360 | ||
| 16 Jan 202616 January 2026 | 428 sqft | 1,270,000 | 2,965 | ||
| 11 Aug 202511 August 2025 | 468 sqft | 1,050,000 | 2,241 |
Boulevard Central 2
Building191 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%
Other units on the 5th floor
All 191 units in Boulevard Central 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 90 sqft | AED 2.95MAED 2,950,000 · Jan 2013January 2013 | ||
| 502 | 2-bed | 1,311 sqft | AED 3.28MAED 3,280,000 · Apr 2013April 2013 | 160,000 /yr | |
| 504 | Studio | 445 sqft | AED 780KAED 780,000 · Mar 2019March 2019 | 63,000 /yr | |
| 505 | 1-bed | 818 sqft | AED 1.9MAED 1,900,000 · Feb 2014February 2014 | 75,000 /yr | |
| 506 | 1-bed | 915 sqft | AED 1.67MAED 1,670,000 · May 2016May 2016 | ||
| 507 | Studio | 469 sqft | AED 1.19MAED 1,190,000 · Aug 2025August 2025 | 77,500 /yr | |
| 508 | 1-bed | 978 sqft | AED 1.92MAED 1,915,000 · Jan 2025January 2025 | 78,750 /yr | |
| 509 | 2-bed | 1,265 sqft | AED 3.12MAED 3,120,000 · Sep 2026September 2026 | 190,000 /yr | |
| 510 | 1-bed | 923 sqft | AED 1.89MAED 1,888,000 · Jun 2014June 2014 | 60,000 /yr |
503, Boulevard Central 2 in numbers
- Sold 3 times: first on 29 June 2010 for AED 853,888, last on 31 May 2015 for AED 1,125,000 (AED 2,628 per sqft).
- Rented since August 2015 on 7 Ejari contracts. The rent fell from AED 65,002 to AED 52,750 in 2021 and recovered to AED 73,260 by March 2024.
- At AED 73,260 a year the gross yield on the 2015 price is 6.5%, before a service charge of about AED 10,400 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 2 March 2024.
Questions about 503, Boulevard Central 2
What did unit 503 last sell for?
AED 1,125,000 on 31 May 2015: AED 2,628 per sqft for 428 sqft. The unit has 3 registered sales; the first was AED 853,888 in June 2010.
What is the rent for unit 503?
AED 73,260 a year on the contract renewed on 2 March 2024. The previous contract, from March 2023, was AED 73,260; the unit has been rented since August 2015.
How big is unit 503?
428 sqft (39.8 sqm): a studio on the 5th floor of a 22-storey tower completed in 2012.
What is unit 503 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 503, Boulevard Central 2
Starts from the last sale price (AED 1.13M, 31 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,125,000
- Deposit, UAE resident (20%)
- AED 225,000
- Deposit, non-resident (40%)
- AED 450,000
- Monthly over 25 years at 3.7%
- AED 4,603
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →