1-bed · 905 sqftThe Address The BLVD, Downtown Dubai · 15th floor · completed 2017

1516, The Address The BLVD

Sold prices and rental history: sold 4 times, last in December 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1516 · DLD and Ejari recordsUpdated 22 December 2025
Last soldAED 2.84M22 December 2025
Current rentAED 204K /yr27 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1516, The Address The BLVD

What is 1516 worth today?

Last sold for AED 2,840,000 in 2025

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22 Dec 2025SoldReady
AED 2,840,000AED 3,138 per sqft
27 Feb 2023RentedRenewal
AED 204,000/yr12 months · AED 226 per sqft
27 Feb 2022RentedNew contract
AED 180,000/yr12 months · AED 199 per sqft
28 Jan 2016SoldOff-plan
AED 2,039,179AED 2,253 per sqft
6 Mar 2013SoldOff-plan
AED 1,847,462AED 2,041 per sqft
21 Nov 2012Sold by developerOff-plan
AED 1,742,888AED 1,926 per sqft

Source: Dubai Land Department. Updated 22 December 2025.

Key facts

Type
1-bed hotel apartment
Size
905 sqft
Floor
15th of 70
Parking
B2-50
Developer
Emaar
Completed
2017
Last sold
AED 2.84M · December 2025

About 1516, The Address The BLVD

1516 is a one-bedroom hotel apartment of 905 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 22 December 2025 for AED 2,840,000, or AED 3,138 per sqft, 6% below the AED 3,342 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 27 February 2023, is AED 204,000 a year: a gross yield of 7.2% on the 2025 price.

Sales and rents for 1516 over time

Sales
Unit 1516, 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 1,742,888 (AED 1,926 per sqft)Sold, March 2013: AED 1,847,462 (AED 2,041 per sqft)Sold, January 2016: AED 2,039,179 (AED 2,253 per sqft)Sold, December 2025: AED 2,840,000 (AED 3,138 per sqft)

1516 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1516, 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, February 2022: AED 180,000 a yearRenewal, February 2023: AED 204,000 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 1516 sits

All 150 1-beds →

1516 last sold in December 2025 at AED 3,138 per sqft, 6% below what one-beds in The Address The BLVD were fetching at the time (AED 3,342). 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. 1516's AED 204,000 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
15071-bedAED 2.45M · Oct 2022
1–7 of 15

1516, The Address The BLVD in numbers

  • Sold 4 times: first on 21 November 2012 for AED 1,742,888, last on 22 December 2025 for AED 2,840,000 (AED 3,138 per sqft).
  • Rented since February 2022 on 2 Ejari contracts, from AED 180,000 to AED 204,000 a year.
  • At AED 204,000 a year the gross yield on the 2025 price is 7.2%.
  • 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 22 December 2025.

Questions about 1516, The Address The BLVD

What did unit 1516 last sell for?

AED 2,840,000 on 22 December 2025: AED 3,138 per sqft for 905 sqft. The unit has 4 registered sales; the first was AED 1,742,888 in November 2012.

What is the rent for unit 1516?

AED 204,000 a year on the contract renewed on 27 February 2023. The previous contract, from February 2022, was AED 180,000.

How big is unit 1516?

905 sqft (84.1 sqm): a one-bedroom hotel apartment on the 15th floor of a 70-storey tower completed in 2017.

What is unit 1516 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 1516, The Address The BLVD

Starts from the last sale price (AED 2.84M, 22 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,840,000
Deposit, UAE resident (20%)
AED 568,000
Deposit, non-resident (40%)
AED 1,136,000
Monthly over 25 years at 3.7%
AED 11,619

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