1-bed · 818 sqftBoulevard Central 2, Downtown Dubai · 5th floor · completed 2012

505, Boulevard Central 2

Sold prices and rental history: sold 4 times, last in February 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 1 March 2019
Last soldAED 1.9M9 February 2014
Current rentAED 75K /yr1 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Boulevard Central 2

What is 505 worth today?

Last sold for AED 1,900,000 in 2014

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1 Mar 2019RentedRenewal
AED 75,000/yr12 months · AED 92 per sqft
1 Mar 2018RentedNew contract
AED 105,000/yr12 months · AED 128 per sqft
21 Feb 2015RentedNew contract
AED 105,000/yr12 months · AED 128 per sqft
21 Feb 2014RentedNew contract
AED 105,000/yr12 months · AED 128 per sqft
9 Feb 2014SoldReady
AED 1,900,000AED 2,321 per sqft
9 Dec 2013SoldReady
AED 1,620,000AED 1,979 per sqft
12 Sep 2013SoldReady
AED 1,287,888AED 1,573 per sqft
29 Jun 2010Sold by developerOff-plan
AED 1,287,888AED 1,573 per sqft

Source: Dubai Land Department. Updated 1 March 2019.

Key facts

Type
1-bed apartment
Size
818 sqft
Floor
5th of 22
Parking
B3-3035
Developer
Emaar
Completed
2012
Service charge
AED 19,800 /yr
Last sold
AED 1.9M · February 2014

About 505, Boulevard Central 2

505 is a one-bedroom apartment of 818 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 9 February 2014 for AED 1,900,000, or AED 2,321 per sqft, 48% above the AED 1,571 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 1 March 2019, is AED 75,000 a year: a gross yield of 4.0% on the 2014 price, before the service charge of about AED 19,800 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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 1,287,888 (AED 1,573 per sqft)Sold, September 2013: AED 1,287,888 (AED 1,573 per sqft)Sold, December 2013: AED 1,620,000 (AED 1,979 per sqft)Sold, February 2014: AED 1,900,000 (AED 2,321 per sqft)

505 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 505, each contractTypical one-bed in Boulevard Central 2
80K100K120K2013201720212025Typical 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 2014: AED 105,000 a yearNew contract, February 2015: AED 105,000 a yearNew contract, March 2018: AED 105,000 a yearRenewal, March 2019: AED 75,000 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 505 sits

All 98 1-beds →

505 last sold in February 2014 at AED 2,321 per sqft, 48% above what one-beds in Boulevard Central 2 were fetching at the time (AED 1,571). 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. 505's AED 75,000 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 5th floor

All 191 units in Boulevard Central 2
Value
5012-bedAED 2.95M · Jan 2013
5022-bedAED 3.28M · Apr 2013
503StudioAED 1.13M · May 2015
504StudioAED 780K · Mar 2019
5061-bedAED 1.67M · May 2016
507StudioAED 1.19M · Aug 2025
5081-bedAED 1.92M · Jan 2025
1–7 of 9

505, Boulevard Central 2 in numbers

  • Sold 4 times: first on 29 June 2010 for AED 1,287,888, last on 9 February 2014 for AED 1,900,000 (AED 2,321 per sqft).
  • Rented since February 2014 on 4 Ejari contracts, from AED 105,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2014 price is 4.0%, before a service charge of about AED 19,800 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 1 March 2019.

Questions about 505, Boulevard Central 2

What did unit 505 last sell for?

AED 1,900,000 on 9 February 2014: AED 2,321 per sqft for 818 sqft. The unit has 4 registered sales; the first was AED 1,287,888 in June 2010.

What is the rent for unit 505?

AED 75,000 a year on the contract renewed on 1 March 2019. The previous contract, from March 2018, was AED 105,000; the unit has been rented since February 2014.

How big is unit 505?

818 sqft (76.0 sqm): a one-bedroom apartment on the 5th floor of a 22-storey tower completed in 2012.

What is unit 505 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 505, Boulevard Central 2

Starts from the last sale price (AED 1.9M, 9 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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