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1-bed · 905 sqftThe Address The BLVD, Downtown Dubai · 16th floor · completed 2017

1609, The Address The BLVD

Sold prices and rental history: sold 3 times, last in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1609 · DLD and Ejari recordsUpdated 23 August 2022
Last soldAED 2.6M23 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1609, The Address The BLVD

What is 1609 worth today?

Last sold for AED 2,600,000 in 2022

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23 Aug 2022SoldReady
AED 2,600,000AED 2,872 per sqft
19 Apr 2017SoldOff-plan
AED 2,625,000AED 2,900 per sqft
27 Nov 2012Sold by developerOff-plan
AED 1,745,888AED 1,929 per sqft

Source: Dubai Land Department. Updated 23 August 2022.

Key facts

Type
1-bed hotel apartment
Size
905 sqft
Floor
16th of 70
Parking
B2-223
Developer
Emaar
Completed
2017
Last sold
AED 2.6M · August 2022
Building
The Address The BLVD

About 1609, The Address The BLVD

1609 is a one-bedroom hotel apartment of 905 sqft on the 16th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 23 August 2022 for AED 2,600,000, or AED 2,872 per sqft, 18% above the AED 2,434 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1609 over time

Sales
Unit 1609, 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 1,745,888 (AED 1,929 per sqft)Sold, April 2017: AED 2,625,000 (AED 2,900 per sqft)Sold, August 2022: AED 2,600,000 (AED 2,872 per sqft)

1609 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1609, 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 187,500

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 1609 sits

All 150 1-beds →

1609 last sold in August 2022 at AED 2,872 per sqft, 18% above what one-beds in The Address The BLVD were fetching at the time (AED 2,434). 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.

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 16th floor

All 531 units in The Address The BLVD
Value
16012-bedAED 4.65M · Nov 2012
16021-bedAED 2.29M · Mar 2013
16031-bedAED 3.15M · Jan 2024
16042-bedAED 3.48M · Nov 2012
16052-bedAED 6.41M · May 2024
16061-bedAED 1.2M · Dec 2012
16071-bedAED 3.4M · Jul 2024
1–7 of 15

1609, The Address The BLVD in numbers

  • Sold 3 times: first on 27 November 2012 for AED 1,745,888, last on 23 August 2022 for AED 2,600,000 (AED 2,872 per sqft).
  • 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 23 August 2022.

Questions about 1609, The Address The BLVD

What did unit 1609 last sell for?

AED 2,600,000 on 23 August 2022: AED 2,872 per sqft for 905 sqft. The unit has 3 registered sales; the first was AED 1,745,888 in November 2012.

How big is unit 1609?

905 sqft (84.1 sqm): a one-bedroom hotel apartment on the 16th floor of a 70-storey tower completed in 2017.

What is unit 1609 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 1609, The Address The BLVD

Starts from the last sale price (AED 2.6M, 23 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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