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

1514, The Address The BLVD

Sold prices and rental history: sold twice, last in July 2016, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1514 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 1.18M27 July 2016
Current rentAED 156K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1514, The Address The BLVD

What is 1514 worth today?

Last sold for AED 1,180,100 in 2016

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1 Nov 2024RentedNew contract
AED 156,000/yr12 months · AED 279 per sqft
12 Mar 2024RentedNew contract
AED 140,000/yr12 months · AED 250 per sqft
27 Jul 2016SoldOff-plan
AED 1,180,100AED 2,098 per sqft
21 Nov 2012Sold by developerOff-plan
AED 1,102,888AED 1,961 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
Studio hotel apartment
Size
562 sqft
Floor
15th of 70
Parking
B3-11
Developer
Emaar
Completed
2017
Last sold
AED 1.18M · July 2016
Building
The Address The BLVD

About 1514, The Address The BLVD

1514 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 27 July 2016 for AED 1,180,100, or AED 2,098 per sqft, 15% below the AED 2,473 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 November 2024, is AED 156,000 a year: a gross yield of 13.2% on the 2016 price.

Sales and rents for 1514 over time

Sales
Unit 1514, 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, July 2016: AED 1,180,100 (AED 2,098 per sqft)

1514 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1514, each contractTypical studio in The Address The BLVD
100K150K2020202220242026Typical 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 117,500New contract, March 2024: AED 140,000 a yearNew contract, November 2024: AED 156,000 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 1514 sits

All 90 studios →

1514 last sold in July 2016 at AED 2,098 per sqft, 15% below what studios in The Address The BLVD were fetching at the time (AED 2,473). 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. 1514's AED 156,000 is at the top 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
3 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. 46 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

1514, The Address The BLVD in numbers

  • Sold twice: first on 21 November 2012 for AED 1,102,888, last on 27 July 2016 for AED 1,180,100 (AED 2,098 per sqft).
  • Rented since March 2024 on 2 Ejari contracts, from AED 140,000 to AED 156,000 a year.
  • At AED 156,000 a year the gross yield on the 2016 price is 13.2%.
  • 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 1 November 2024.

Questions about 1514, The Address The BLVD

What did unit 1514 last sell for?

AED 1,180,100 on 27 July 2016: AED 2,098 per sqft for 562 sqft. The unit has 2 registered sales; the first was AED 1,102,888 in November 2012.

What is the rent for unit 1514?

AED 156,000 a year on the contract signed on 1 November 2024. The previous contract, from March 2024, was AED 140,000.

How big is unit 1514?

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

What is unit 1514 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 1514, The Address The BLVD

Starts from the last sale price (AED 1.18M, 27 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,180,100
Deposit, UAE resident (20%)
AED 236,020
Deposit, non-resident (40%)
AED 472,040
Monthly over 25 years at 3.7%
AED 4,828

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