1-bed · 814 sqftThe Address The BLVD, Downtown Dubai · 15th floor · completed 2017

1507, The Address The BLVD

Sold prices and rental history: sold 4 times, last in October 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 2.45M24 October 2022
Current rentAED 219K /yr25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, The Address The BLVD

What is 1507 worth today?

Last sold for AED 2,450,000 in 2022

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25 Oct 2024RentedRenewal
AED 218,785/yr6 months · AED 269 per sqft
25 Oct 2023RentedNew contract
AED 190,000/yr12 months · AED 233 per sqft
24 Oct 2022SoldReady
AED 2,450,000AED 3,008 per sqft
15 Nov 2021SoldReady
AED 2,350,000AED 2,885 per sqft
13 Dec 2012SoldOff-plan
AED 2,227,421AED 2,735 per sqft
28 Nov 2012Sold by developerOff-plan
AED 1,936,888AED 2,378 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
1-bed hotel apartment
Size
814 sqft
Floor
15th of 70
Parking
B3-67
Developer
Emaar
Completed
2017
Last sold
AED 2.45M · October 2022

About 1507, The Address The BLVD

1507 is a one-bedroom hotel apartment of 814 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 24 October 2022 for AED 2,450,000, or AED 3,008 per sqft, 18% above the AED 2,559 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 25 October 2024, is AED 218,785 a year: a gross yield of 8.9% on the 2022 price.

Sales and rents for 1507 over time

Sales
Unit 1507, each saleTypical one-bed in The Address The BLVD
2M3M2012201620202024Typical sale price by year: 2012 AED 1,861,888; 2013 AED 2,183,453; 2014 AED 2,605,541; 2015 AED 2,285,297; 2016 AED 2,300,000; 2017 AED 2,500,000; 2018 AED 1,968,944; 2019 AED 1,742,500; 2020 AED 1,625,000; 2021 AED 2,100,000; 2022 AED 2,400,000; 2023 AED 2,840,000; 2024 AED 3,030,000; 2025 AED 3,000,000; 2026 AED 2,975,000Sold by developer, November 2012: AED 1,936,888 (AED 2,378 per sqft)Sold, December 2012: AED 2,227,421 (AED 2,735 per sqft)Sold, November 2021: AED 2,350,000 (AED 2,885 per sqft)Sold, October 2022: AED 2,450,000 (AED 3,008 per sqft)

1507 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1507, each contractTypical one-bed in The Address The BLVD
100K150K200K2020202220242026Typical rent by year: 2020 AED 115,000; 2021 AED 140,000; 2022 AED 175,000; 2023 AED 200,288; 2024 AED 200,000; 2025 AED 190,000; 2026 AED 187,500New contract, October 2023: AED 190,000 a yearRenewal, October 2024: AED 218,785 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 The Address The BLVD, and where 1507 sits

All 150 1-beds →

1507 last sold in October 2022 at AED 3,008 per sqft, 18% above what one-beds in The Address The BLVD were fetching at the time (AED 2,559). Over the last 12 months one-beds sold for AED 2,004,800 to 3,600,000, around AED 3,315 per sqft, and rent for AED 98,718 to 235,212 a year. 1507's AED 218,785 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Sep 20262,500,000
6 Aug 20262,004,800
30 Jul 202690,180
23 Jul 20262,975,000
17 1-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
15052-bedAED 5M · Nov 2015
15061-bedAED 1.6M · Jan 2020
15082-bedAED 8M · Feb 2026
1–7 of 15

1507, The Address The BLVD in numbers

  • Sold 4 times: first on 28 November 2012 for AED 1,936,888, last on 24 October 2022 for AED 2,450,000 (AED 3,008 per sqft).
  • Rented since October 2023 on 2 Ejari contracts, from AED 190,000 to AED 218,785 a year.
  • At AED 218,785 a year the gross yield on the 2022 price is 8.9%.
  • One-beds in The Address The BLVD sold for AED 2,004,800–3,600,000 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 25 October 2024.

Questions about 1507, The Address The BLVD

What did unit 1507 last sell for?

AED 2,450,000 on 24 October 2022: AED 3,008 per sqft for 814 sqft. The unit has 4 registered sales; the first was AED 1,936,888 in November 2012.

What is the rent for unit 1507?

AED 218,785 a year on the contract renewed on 25 October 2024. The previous contract, from October 2023, was AED 190,000.

How big is unit 1507?

814 sqft (75.6 sqm): a one-bedroom hotel apartment on the 15th floor of a 70-storey tower completed in 2017.

What is unit 1507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Address The BLVD sold for AED 2,004,800 to 3,600,000 in the last 12 months, around AED 3,315 per sqft.

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Mortgage on 1507, The Address The BLVD

Starts from the last sale price (AED 2.45M, 24 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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