2-bed · 1,794 sqftThe Address The BLVD, Downtown Dubai · 17th floor · completed 2017

1701, The Address The BLVD

Sold prices and rental history: sold 3 times, last in May 2013, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 17 February 2025
Last soldAED 5.31M26 May 2013
Current rentAED 370K /yr17 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, The Address The BLVD

What is 1701 worth today?

Last sold for AED 5,306,454 in 2013

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17 Feb 2025RentedRenewal
AED 370,000/yr12 months · AED 206 per sqft
17 Feb 2025RentedRenewal
AED 370,000/yr12 months · AED 206 per sqft
17 Feb 2024RentedNew contract
AED 370,000/yr12 months · AED 206 per sqft
29 Jul 2022RentedNew contract
AED 290,000/yr12 months · AED 161 per sqft
26 May 2013SoldOff-plan
AED 5,306,454AED 2,957 per sqft
27 Nov 2012SoldOff-plan
AED 4,571,715AED 2,548 per sqft
20 Nov 2012Sold by developerOff-plan
AED 4,081,888AED 2,275 per sqft

Source: Dubai Land Department. Updated 17 February 2025.

Key facts

Type
2-bed hotel apartment
Size
1,794 sqft
Floor
17th of 70
Parking
B3-72 ,B3-73
Developer
Emaar
Completed
2017
Last sold
AED 5.31M · May 2013

About 1701, The Address The BLVD

1701 is a two-bedroom hotel apartment of 1,794 sqft on the 17th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 26 May 2013 for AED 5,306,454, or AED 2,957 per sqft, 26% above the AED 2,340 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 17 February 2025, is AED 370,000 a year: a gross yield of 7.0% on the 2013 price.

Sales and rents for 1701 over time

Sales
Unit 1701, each saleTypical two-bed in The Address The BLVD
4M6M2012201620202024Typical sale price by year: 2012 AED 3,783,888; 2013 AED 4,200,000; 2014 AED 5,400,000; 2015 AED 4,780,444; 2016 AED 4,200,000; 2017 AED 5,087,500; 2018 AED 3,900,000; 2019 AED 3,450,000; 2020 AED 3,125,000; 2021 AED 3,300,000; 2022 AED 4,342,500; 2023 AED 5,500,000; 2024 AED 6,100,000; 2025 AED 6,232,550; 2026 AED 5,350,000Sold, November 2012: AED 4,571,715 (AED 2,548 per sqft)Sold by developer, November 2012: AED 4,081,888 (AED 2,275 per sqft)Sold, May 2013: AED 5,306,454 (AED 2,957 per sqft)

1701 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1701, each contractTypical two-bed in The Address The BLVD
200K300K400K2020202220242026Typical rent by year: 2020 AED 175,000; 2021 AED 225,000; 2022 AED 290,000; 2023 AED 330,000; 2024 AED 330,000; 2025 AED 335,000; 2026 AED 310,898New contract, July 2022: AED 290,000 a yearNew contract, February 2024: AED 370,000 a yearRenewal, February 2025: AED 370,000 a yearRenewal, February 2025: AED 370,000 a year

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

2-beds in The Address The BLVD, and where 1701 sits

All 187 2-beds →

1701 last sold in May 2013 at AED 2,957 per sqft, 26% above what two-beds in The Address The BLVD were fetching at the time (AED 2,340). Over the last 12 months two-beds sold for AED 3,100,000 to 8,000,000, around AED 3,810 per sqft, and rent for AED 170,000 to 640,000 a year. 1701's AED 370,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Oct 20265,000,000
16 Oct 20265,100,000
21 Sep 20265,800,000
8 Sep 20265,500,000
14 2-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 17th floor

All 531 units in The Address The BLVD
Value
17021-bedAED 3.25M · Jul 2025
17031-bedAED 3.1M · Nov 2016
17042-bedAED 4.54M · Mar 2013
17052-bedAED 6.3M · Feb 2024
17061-bedAED 3.12M · May 2024
17071-bedAED 2.6M · Nov 2022
17082-bedAED 4.08M · Nov 2012
1–7 of 15

1701, The Address The BLVD in numbers

  • Sold 3 times: first on 20 November 2012 for AED 4,081,888, last on 26 May 2013 for AED 5,306,454 (AED 2,957 per sqft).
  • Rented since July 2022 on 4 Ejari contracts, from AED 290,000 to AED 370,000 a year.
  • At AED 370,000 a year the gross yield on the 2013 price is 7.0%.
  • Two-beds in The Address The BLVD sold for AED 3,100,000–8,000,000 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 17 February 2025.

Questions about 1701, The Address The BLVD

What did unit 1701 last sell for?

AED 5,306,454 on 26 May 2013: AED 2,957 per sqft for 1,794 sqft. The unit has 3 registered sales; the first was AED 4,081,888 in November 2012.

What is the rent for unit 1701?

AED 370,000 a year on the contract renewed on 17 February 2025. The previous contract, from February 2025, was AED 370,000; the unit has been rented since July 2022.

How big is unit 1701?

1,794 sqft (166.7 sqm): a two-bedroom hotel apartment on the 17th floor of a 70-storey tower completed in 2017.

What is unit 1701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Address The BLVD sold for AED 3,100,000 to 8,000,000 in the last 12 months, around AED 3,810 per sqft.

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Mortgage on 1701, The Address The BLVD

Starts from the last sale price (AED 5.31M, 26 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 5,306,454
Deposit, UAE resident (20%)
AED 1,061,291
Deposit, non-resident (40%)
AED 2,122,582
Monthly over 25 years at 3.7%
AED 21,710

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