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Studio · 428 sqftBoulevard Central 2, Downtown Dubai · 8th floor · completed 2012

803, Boulevard Central 2

Sold prices and rental history: sold 4 times, last in June 2014, and rented once, from October 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 8 October 2015
Last soldAED 1.4M3 June 2014
Current rentAED 85K /yr8 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 803, Boulevard Central 2

What is 803 worth today?

Last sold for AED 1,400,000 in 2014

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8 Oct 2015RentedNew contract
AED 85,000/yr12 months · AED 197 per sqft
3 Jun 2014SoldReady
AED 1,400,000AED 3,268 per sqft
11 Feb 2014SoldReady
AED 1,100,000AED 2,568 per sqft
5 Sep 2013SoldReady
AED 862,888AED 2,014 per sqft
29 Jun 2010Sold by developerOff-plan
AED 862,888AED 2,014 per sqft

Source: Dubai Land Department. Updated 8 October 2015.

Key facts

Type
Studio apartment
Size
428 sqft
Floor
8th of 22
Parking
B3-3141
Developer
Emaar
Completed
2012
Service charge
AED 10,400 /yr
Last sold
AED 1.4M · June 2014
Building
Boulevard Central 2

About 803, Boulevard Central 2

803 is a studio of 428 sqft on the 8th floor of Boulevard Central 2, a 22-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 3 June 2014 for AED 1,400,000, or AED 3,268 per sqft, 62% above the AED 2,014 studios in the building were fetching at the time.

One Ejari contract is registered, from 8 October 2015. The current contract, signed on 8 October 2015, is AED 85,000 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 10,400 a year.

Sales and rents for 803 over time

Sales
Unit 803, each saleTypical studio in Boulevard Central 2
500K1M1.5M2010201520202025Typical sale price by year: 2010 AED 870,388; 2011 AED 437,444; 2012 AED 691,000; 2013 AED 858,388; 2014 AED 1,045,888; 2015 AED 840,000; 2016 AED 1,100,000; 2018 AED 1,060,000; 2019 AED 765,000; 2021 AED 862,500; 2025 AED 1,190,000; 2026 AED 1,050,000Sold by developer, June 2010: AED 862,888 (AED 2,014 per sqft)Sold, September 2013: AED 862,888 (AED 2,014 per sqft)Sold, February 2014: AED 1,100,000 (AED 2,568 per sqft)Sold, June 2014: AED 1,400,000 (AED 3,268 per sqft)

803 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 803, each contractTypical studio in Boulevard Central 2
40K60K80K2013201720212025Typical rent by year: 2013 AED 65,000; 2014 AED 75,000; 2015 AED 80,000; 2016 AED 75,175; 2017 AED 75,000; 2018 AED 65,000; 2019 AED 60,000; 2020 AED 48,000; 2021 AED 46,000; 2022 AED 59,000; 2023 AED 70,000; 2024 AED 73,260; 2025 AED 76,500; 2026 AED 68,750New contract, October 2015: AED 85,000 a year

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 803 sits

All 34 studios →

803 last sold in June 2014 at AED 3,268 per sqft, 62% above what studios in Boulevard Central 2 were fetching at the time (AED 2,014). 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. 803's AED 85,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Jun 20261,050,000
1 May 20261,050,000
16 Jan 20261,270,000
11 Aug 20251,050,000
3 studio 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 8th floor

All 191 units in Boulevard Central 2
Value
8012-bedAED 3.1M · Oct 2023
8022-bedAED 3.8M · Feb 2015
804StudioAED 431K · Jun 2013
8051-bedAED 1.64M · Nov 2024
8061-bedAED 1.2M · Feb 2023
8071-bedAED 1.48M · Mar 2016
8081-bedAED 1.9M · Dec 2015
1–7 of 9

803, Boulevard Central 2 in numbers

  • Sold 4 times: first on 29 June 2010 for AED 862,888, last on 3 June 2014 for AED 1,400,000 (AED 3,268 per sqft).
  • Rented since October 2015 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2014 price is 6.1%, 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 8 October 2015.

Questions about 803, Boulevard Central 2

What did unit 803 last sell for?

AED 1,400,000 on 3 June 2014: AED 3,268 per sqft for 428 sqft. The unit has 4 registered sales; the first was AED 862,888 in June 2010.

What is the rent for unit 803?

AED 85,000 a year on the contract signed on 8 October 2015.

How big is unit 803?

428 sqft (39.8 sqm): a studio on the 8th floor of a 22-storey tower completed in 2012.

What is unit 803 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 803, Boulevard Central 2

Starts from the last sale price (AED 1.4M, 3 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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