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2-bed · 1,751 sqftThe Address The BLVD, Downtown Dubai · 15th floor · completed 2017

1505, The Address The BLVD

Sold prices and rental history: sold twice, last in November 2015, and rented once, from July 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 5 July 2023
Last soldAED 5M4 November 2015
Current rentAED 270K /yr5 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1505, The Address The BLVD

What is 1505 worth today?

Last sold for AED 5,000,000 in 2015

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5 Jul 2023RentedNew contract
AED 270,000/yr12 months · AED 154 per sqft
4 Nov 2015SoldOff-plan
AED 5,000,000AED 2,855 per sqft
26 Nov 2012Sold by developerOff-plan
AED 3,465,888AED 1,979 per sqft

Source: Dubai Land Department. Updated 5 July 2023.

Key facts

Type
2-bed hotel apartment
Size
1,751 sqft
Floor
15th of 70
Parking
B3-166
Developer
Emaar
Completed
2017
Last sold
AED 5M · November 2015
Building
The Address The BLVD

About 1505, The Address The BLVD

1505 is a two-bedroom hotel apartment of 1,751 sqft on the 15th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 4 November 2015 for AED 5,000,000, or AED 2,855 per sqft, 9% below the AED 3,133 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 July 2023. The current contract, signed on 5 July 2023, is AED 270,000 a year: a gross yield of 5.4% on the 2015 price.

Sales and rents for 1505 over time

Sales
Unit 1505, each saleTypical two-bed in The Address The BLVD
4M6M2012201620202024Typical sale price by year: 2012 AED 3,783,888; 2013 AED 4,200,000; 2014 AED 5,400,000; 2015 AED 4,780,444; 2016 AED 4,200,000; 2017 AED 5,087,500; 2018 AED 3,900,000; 2019 AED 3,450,000; 2020 AED 3,125,000; 2021 AED 3,300,000; 2022 AED 4,342,500; 2023 AED 5,500,000; 2024 AED 6,100,000; 2025 AED 6,232,550; 2026 AED 5,350,000Sold by developer, November 2012: AED 3,465,888 (AED 1,979 per sqft)Sold, November 2015: AED 5,000,000 (AED 2,855 per sqft)

1505 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1505, each contractTypical two-bed in The Address The BLVD
200K300K2020202220242026Typical rent by year: 2020 AED 175,000; 2021 AED 225,000; 2022 AED 290,000; 2023 AED 330,000; 2024 AED 330,000; 2025 AED 335,000; 2026 AED 310,898New contract, July 2023: AED 270,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Address The BLVD, and where 1505 sits

All 187 2-beds →

1505 last sold in November 2015 at AED 2,855 per sqft, 9% below what two-beds in The Address The BLVD were fetching at the time (AED 3,133). Over the last 12 months two-beds sold for AED 3,100,000 to 8,000,000, around AED 3,810 per sqft, and rent for AED 170,000 to 640,000 a year. 1505's AED 270,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Oct 20265,000,000
16 Oct 20265,100,000
21 Sep 20265,800,000
8 Sep 20265,500,000
14 2-bed sales in the last 12 months

The Address The BLVD

Building

531 apartments, studios to 5-bed over 70 floors in Downtown Dubai, completed in 2017 by Emaar. 47 sold in the last 12 months.

Typical price per sqft
AED 3,811 Up 3.5%
Typical sale
AED 5.05M
Typical rent
AED 200K /yr
Typical yield
5.6%
The Address The BLVD, Downtown Dubai: prices, sales and rents →

Other units on the 15th floor

All 531 units in The Address The BLVD
Value
15012-bedAED 5.3M · Aug 2015
15021-bedAED 3.03M · May 2024
15031-bedAED 2.25M · Dec 2012
15042-bedAED 7.33M · Mar 2015
15061-bedAED 1.6M · Jan 2020
15071-bedAED 2.45M · Oct 2022
15082-bedAED 8M · Feb 2026
1–7 of 15

1505, The Address The BLVD in numbers

  • Sold twice: first on 26 November 2012 for AED 3,465,888, last on 4 November 2015 for AED 5,000,000 (AED 2,855 per sqft).
  • Rented since July 2023 on one Ejari contract, at AED 270,000 a year.
  • At AED 270,000 a year the gross yield on the 2015 price is 5.4%.
  • Two-beds in The Address The BLVD sold for AED 3,100,000–8,000,000 in the 12 months to November 2026; the building's median across all types is AED 3,811 per sqft.

Source: Dubai Land Department. Updated 5 July 2023.

Questions about 1505, The Address The BLVD

What did unit 1505 last sell for?

AED 5,000,000 on 4 November 2015: AED 2,855 per sqft for 1,751 sqft. The unit has 2 registered sales; the first was AED 3,465,888 in November 2012.

What is the rent for unit 1505?

AED 270,000 a year on the contract signed on 5 July 2023.

How big is unit 1505?

1,751 sqft (162.7 sqm): a two-bedroom hotel apartment on the 15th floor of a 70-storey tower completed in 2017.

What is unit 1505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Address The BLVD sold for AED 3,100,000 to 8,000,000 in the last 12 months, around AED 3,810 per sqft.

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Mortgage on 1505, The Address The BLVD

Starts from the last sale price (AED 5M, 4 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

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