1-bed · 915 sqftBoulevard Central 2, Downtown Dubai · 5th floor · completed 2012

506, Boulevard Central 2

Sold prices and rental history: sold 4 times, last in May 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 26 May 2016
Last soldAED 1.67M26 May 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Boulevard Central 2

What is 506 worth today?

Last sold for AED 1,670,000 in 2016

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26 May 2016SoldReady
AED 1,670,000AED 1,824 per sqft
26 Jan 2014SoldReady
AED 1,500,000AED 1,638 per sqft
13 Nov 2012SoldOff-plan
AED 1,500,000AED 1,638 per sqft
29 Jun 2010Sold by developerOff-plan
AED 1,411,888AED 1,542 per sqft

Source: Dubai Land Department. Updated 26 May 2016.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
5th of 22
Parking
B2-2120
Developer
Emaar
Completed
2012
Service charge
AED 22,100 /yr
Last sold
AED 1.67M · May 2016

About 506, Boulevard Central 2

506 is a one-bedroom apartment of 915 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 26 May 2016 for AED 1,670,000, or AED 1,824 per sqft, 6% below the AED 1,938 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, 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 1,411,888 (AED 1,542 per sqft)Sold, November 2012: AED 1,500,000 (AED 1,638 per sqft)Sold, January 2014: AED 1,500,000 (AED 1,638 per sqft)Sold, May 2016: AED 1,670,000 (AED 1,824 per sqft)

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

Rents
Unit 506, 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 110,000

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 506 sits

All 98 1-beds →

506 last sold in May 2016 at AED 1,824 per sqft, 6% below what one-beds in Boulevard Central 2 were fetching at the time (AED 1,938). 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.

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
5051-bedAED 1.9M · Feb 2014
507StudioAED 1.19M · Aug 2025
5081-bedAED 1.92M · Jan 2025
1–7 of 9

506, Boulevard Central 2 in numbers

  • Sold 4 times: first on 29 June 2010 for AED 1,411,888, last on 26 May 2016 for AED 1,670,000 (AED 1,824 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 26 May 2016.

Questions about 506, Boulevard Central 2

What did unit 506 last sell for?

AED 1,670,000 on 26 May 2016: AED 1,824 per sqft for 915 sqft. The unit has 4 registered sales; the first was AED 1,411,888 in June 2010.

How big is unit 506?

915 sqft (85.0 sqm): a one-bedroom apartment on the 5th floor of a 22-storey tower completed in 2012.

What is unit 506 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 506, Boulevard Central 2

Starts from the last sale price (AED 1.67M, 26 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,670,000
Deposit, UAE resident (20%)
AED 334,000
Deposit, non-resident (40%)
AED 668,000
Monthly over 25 years at 3.7%
AED 6,832

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