Studio · 511 sqftBoulevard Central Podium, Downtown Dubai · 5th floor · completed 2012

BA508, Boulevard Central Podium

Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit BA508 · DLD and Ejari recordsUpdated 28 October 2024
Last soldAED 1.02M7 February 2013
Current rentAED 65K /yr28 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for BA508, Boulevard Central Podium

What is BA508 worth today?

Last sold for AED 1,023,641 in 2013

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28 Oct 2024RentedRenewal
AED 64,900/yr12 months · AED 126 per sqft
28 Oct 2023RentedRenewal
AED 59,000/yr12 months · AED 114 per sqft
28 Oct 2022RentedRenewal
AED 55,000/yr12 months · AED 106 per sqft
28 Oct 2021RentedNew contract
AED 48,000/yr12 months · AED 93 per sqft
21 Oct 2020RentedRenewal
AED 47,000/yr12 months · AED 91 per sqft
21 Oct 2019RentedRenewal
AED 60,000/yr12 months · AED 116 per sqft
21 Oct 2018RentedNew contract
AED 65,000/yr12 months · AED 126 per sqft
23 Jul 2017RentedNew contract
AED 75,000/yr12 months · AED 145 per sqft

Source: Dubai Land Department. Updated 28 October 2024.

Key facts

Type
Studio apartment
Size
511 sqft
Floor
5th of 5
Parking
B1-1083
Developer
Emaar
Completed
2012
Service charge
AED 12,400 /yr
Last sold
AED 1.02M · February 2013

About BA508, Boulevard Central Podium

BA508 is a studio of 511 sqft on the 5th floor of Boulevard Central Podium, a 5-storey tower in Downtown Dubai completed in 2012 by Emaar. The developer sold it on 7 February 2013 for AED 1,023,641, or AED 2,002 per sqft, 7% above the AED 1,876 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 28 October 2024, is AED 64,900 a year: a gross yield of 6.3% on the 2013 price, before the service charge of about AED 12,400 a year.

Sales and rents for BA508 over time

Sales
Unit BA508, each saleTypical studio in Boulevard Central Podium
1M1.2M20102014201820222026Typical sale price by year: 2010 AED 949,888; 2012 AED 901,444; 2013 AED 1,023,641; 2014 AED 998,388; 2016 AED 1,080,000; 2025 AED 1,280,000Sold by developer, February 2013: AED 1,023,641 (AED 2,002 per sqft)

BA508 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit BA508, each contractTypical studio in Boulevard Central Podium
60K80K2017202020232026Typical rent by year: 2020 AED 46,000; 2021 AED 46,000; 2022 AED 55,000; 2023 AED 61,000; 2024 AED 71,000; 2025 AED 75,000; 2026 AED 75,000New contract, July 2017: AED 75,000 a yearNew contract, October 2018: AED 65,000 a yearRenewal, October 2019: AED 60,000 a yearRenewal, October 2020: AED 47,000 a yearNew contract, October 2021: AED 48,000 a yearRenewal, October 2022: AED 55,000 a yearRenewal, October 2023: AED 59,000 a yearRenewal, October 2024: AED 64,900 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 Podium, and where BA508 sits

All 24 studios →

BA508 last sold in February 2013 at AED 2,002 per sqft, 7% above what studios in Boulevard Central Podium were fetching at the time (AED 1,876). Over the last 12 months studios sold for AED 1,168,000 to 1,285,000, around AED 2,408 per sqft, and rent for AED 60,000 to 84,000 a year. BA508's AED 64,900 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Oct 20261,168,000
5 Jan 20261,285,000
6 Oct 20251,280,000
18 Jun 20251,280,000
2 studio sales in the last 12 months

Boulevard Central Podium

Building

47 apartments, studios to 2-bed over 5 floors in Downtown Dubai, completed in 2012 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 2,408
Typical sale
AED 1.23M
Typical rent
AED 84K /yr
Typical yield
5.6%
Boulevard Central Podium, Downtown Dubai: prices, sales and rents →

Other units on the 5th floor

All 47 units in Boulevard Central Podium
Value
BA504StudioAED 810K · Oct 2021
BA505StudioAED 951K · Apr 2019
BA506StudioAED 1.29M · Jan 2026
BA507StudioAED 1.08M · Feb 2016
BA509StudioAED 1.08M · Jun 2013
BA510StudioAED 1.06M · Mar 2024
BA511StudioAED 928K · Jun 2014

BA508, Boulevard Central Podium in numbers

  • Sold once: by Emaar on 7 February 2013 for AED 1,023,641, or AED 2,002 per sqft.
  • Rented since July 2017 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 47,000 in 2020 and recovered to AED 64,900 by October 2024.
  • At AED 64,900 a year the gross yield on the 2013 price is 6.3%, before a service charge of about AED 12,400 a year (AED 24.19 per sqft).
  • Studios in Boulevard Central Podium sold for AED 1,168,000–1,285,000 in the 12 months to November 2026; the building's median across all types is AED 2,408 per sqft.

Source: Dubai Land Department. Updated 28 October 2024.

Questions about BA508, Boulevard Central Podium

What did unit BA508 last sell for?

AED 1,023,641 on 7 February 2013, sold by the developer: AED 2,002 per sqft for 511 sqft. It is the only registered sale of the unit.

What is the rent for unit BA508?

AED 64,900 a year on the contract renewed on 28 October 2024. The previous contract, from October 2023, was AED 59,000; the unit has been rented since July 2017.

How big is unit BA508?

511 sqft (47.5 sqm): a studio on the 5th floor of a 5-storey tower completed in 2012.

What is unit BA508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Boulevard Central Podium sold for AED 1,168,000 to 1,285,000 in the last 12 months, around AED 2,408 per sqft.

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Mortgage on BA508, Boulevard Central Podium

Starts from the last sale price (AED 1.02M, 7 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,023,641
Deposit, UAE resident (20%)
AED 204,728
Deposit, non-resident (40%)
AED 409,456
Monthly over 25 years at 3.7%
AED 4,188

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