Studio · 562 sqftThe Address The BLVD, Downtown Dubai · 15th floor · completed 2017

1511, The Address The BLVD

Sold prices and rental history: sold 3 times, last in January 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1511 · DLD and Ejari recordsUpdated 3 February 2026
Last soldAED 1.87M10 January 2025
Current rentAED 135K /yr3 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1511, The Address The BLVD

What is 1511 worth today?

Last sold for AED 1,865,000 in 2025

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3 Feb 2026RentedRenewal
AED 135,000/yr12 months · AED 241 per sqft
3 Feb 2025RentedNew contract
AED 135,000/yr12 months · AED 241 per sqft
3 Feb 2025RentedNew contract
AED 135,000/yr12 months · AED 241 per sqft
10 Jan 2025SoldReady
AED 1,865,000AED 3,316 per sqft
15 Jan 2023RentedRenewal
AED 95,000/yr12 months · AED 170 per sqft
15 Jan 2022RentedRenewal
AED 88,000/yr12 months · AED 157 per sqft
15 Jan 2021RentedNew contract
AED 83,000/yr12 months · AED 148 per sqft
25 Jun 2013SoldOff-plan
AED 1,400,668AED 2,490 per sqft

Source: Dubai Land Department. Updated 3 February 2026.

Key facts

Type
Studio hotel apartment
Size
562 sqft
Floor
15th of 70
Parking
B3-10
Developer
Emaar
Completed
2017
Last sold
AED 1.87M · January 2025

About 1511, The Address The BLVD

1511 is a studio of 562 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 10 January 2025 for AED 1,865,000, or AED 3,316 per sqft, 7% below the AED 3,556 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 3 February 2026, is AED 135,000 a year: a gross yield of 7.2% on the 2025 price.

Sales and rents for 1511 over time

Sales
Unit 1511, each saleTypical studio in The Address The BLVD
1M1.5M2M2012201620202024Typical sale price by year: 2012 AED 1,112,888; 2013 AED 1,317,454; 2014 AED 1,597,988; 2015 AED 1,356,888; 2016 AED 1,508,813; 2017 AED 1,700,000; 2018 AED 1,475,000; 2019 AED 1,100,000; 2020 AED 1,136,500; 2021 AED 1,400,000; 2022 AED 1,525,000; 2023 AED 1,650,000; 2024 AED 2,000,000; 2025 AED 2,000,000Sold by developer, November 2012: AED 1,102,888 (AED 1,961 per sqft)Sold, June 2013: AED 1,400,668 (AED 2,490 per sqft)Sold, January 2025: AED 1,865,000 (AED 3,316 per sqft)

1511 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1511, each contractTypical studio in The Address The BLVD
75K100K125K2020202220242026Typical rent by year: 2020 AED 80,000; 2021 AED 94,738; 2022 AED 112,500; 2023 AED 130,000; 2024 AED 131,250; 2025 AED 135,000; 2026 AED 115,000New contract, January 2021: AED 83,000 a yearRenewal, January 2022: AED 88,000 a yearRenewal, January 2023: AED 95,000 a yearNew contract, February 2025: AED 135,000 a yearNew contract, February 2025: AED 135,000 a yearRenewal, February 2026: AED 135,000 a year

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

Studios in The Address The BLVD, and where 1511 sits

All 90 studios →

1511 last sold in January 2025 at AED 3,316 per sqft, 7% below what studios in The Address The BLVD were fetching at the time (AED 3,556). Over the last 12 months studios sold for AED 1,200,000 to 2,100,000, around AED 3,680 per sqft, and rent for AED 80,000 to 145,000 a year. 1511's AED 135,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Jul 20261,200,000
8 May 20262,050,000
25 Nov 20252,100,000
10 Nov 202525,000
4 studio 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
15071-bedAED 2.45M · Oct 2022
1–7 of 15

1511, The Address The BLVD in numbers

  • Sold 3 times: first on 29 November 2012 for AED 1,102,888, last on 10 January 2025 for AED 1,865,000 (AED 3,316 per sqft).
  • Rented since January 2021 on 6 Ejari contracts, from AED 83,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2025 price is 7.2%.
  • Studios in The Address The BLVD sold for AED 1,200,000–2,100,000 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 3 February 2026.

Questions about 1511, The Address The BLVD

What did unit 1511 last sell for?

AED 1,865,000 on 10 January 2025: AED 3,316 per sqft for 562 sqft. The unit has 3 registered sales; the first was AED 1,102,888 in November 2012.

What is the rent for unit 1511?

AED 135,000 a year on the contract renewed on 3 February 2026. The previous contract, from February 2025, was AED 135,000; the unit has been rented since January 2021.

How big is unit 1511?

562 sqft (52.2 sqm): a studio on the 15th floor of a 70-storey tower completed in 2017.

What is unit 1511 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Address The BLVD sold for AED 1,200,000 to 2,100,000 in the last 12 months, around AED 3,680 per sqft.

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Mortgage on 1511, The Address The BLVD

Starts from the last sale price (AED 1.87M, 10 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,865,000
Deposit, UAE resident (20%)
AED 373,000
Deposit, non-resident (40%)
AED 746,000
Monthly over 25 years at 3.7%
AED 7,630

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