1-bed · 562 sqftThe Address The BLVD, Downtown Dubai · 16th floor · completed 2017

1614, The Address The BLVD

Sold prices and rental history: sold 3 times, last in July 2014, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1614 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 1.77M6 July 2014
Current rentAED 110K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1614, The Address The BLVD

What is 1614 worth today?

Last sold for AED 1,766,221 in 2014

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10 Oct 2024RentedNew contract
AED 110,000/yr12 months · AED 196 per sqft
16 Feb 2023RentedRenewal
AED 140,000/yr12 months · AED 249 per sqft
16 Feb 2022RentedNew contract
AED 114,000/yr12 months · AED 203 per sqft
6 Jul 2014SoldOff-plan
AED 1,766,221AED 3,141 per sqft
5 Sep 2013SoldOff-plan
AED 1,120,000AED 1,991 per sqft
5 Aug 2013Sold by developerOff-plan
AED 1,103,888AED 1,963 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
1-bed hotel apartment
Size
562 sqft
Floor
16th of 70
Parking
B3-99
Developer
Emaar
Completed
2017
Last sold
AED 1.77M · July 2014

About 1614, The Address The BLVD

1614 is a one-bedroom hotel apartment of 562 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 6 July 2014 for AED 1,766,221, or AED 3,141 per sqft, 11% above the AED 2,820 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 10 October 2024, is AED 110,000 a year: a gross yield of 6.2% on the 2014 price.

Sales and rents for 1614 over time

Sales
Unit 1614, each saleTypical one-bed in The Address The BLVD
1M2M3M2012201620202024Typical 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, August 2013: AED 1,103,888 (AED 1,963 per sqft)Sold, September 2013: AED 1,120,000 (AED 1,991 per sqft)Sold, July 2014: AED 1,766,221 (AED 3,141 per sqft)

1614 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1614, 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 114,000 a yearRenewal, February 2023: AED 140,000 a yearNew contract, October 2024: AED 110,000 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 1614 sits

All 150 1-beds →

1614 last sold in July 2014 at AED 3,141 per sqft, 11% above what one-beds in The Address The BLVD were fetching at the time (AED 2,820). 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. 1614's AED 110,000 is in the lower 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 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

1614, The Address The BLVD in numbers

  • Sold 3 times: first on 5 August 2013 for AED 1,103,888, last on 6 July 2014 for AED 1,766,221 (AED 3,141 per sqft).
  • Rented since February 2022 on 3 Ejari contracts, from AED 114,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2014 price is 6.2%.
  • 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 10 October 2024.

Questions about 1614, The Address The BLVD

What did unit 1614 last sell for?

AED 1,766,221 on 6 July 2014: AED 3,141 per sqft for 562 sqft. The unit has 3 registered sales; the first was AED 1,103,888 in August 2013.

What is the rent for unit 1614?

AED 110,000 a year on the contract signed on 10 October 2024. The previous contract, from February 2023, was AED 140,000; the unit has been rented since February 2022.

How big is unit 1614?

562 sqft (52.2 sqm): a one-bedroom hotel apartment on the 16th floor of a 70-storey tower completed in 2017.

What is unit 1614 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 1614, The Address The BLVD

Starts from the last sale price (AED 1.77M, 6 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,766,221
Deposit, UAE resident (20%)
AED 353,244
Deposit, non-resident (40%)
AED 706,488
Monthly over 25 years at 3.7%
AED 7,226

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