2-bed · 1,751 sqftThe Address The BLVD, Downtown Dubai · 17th floor · completed 2017

1705, The Address The BLVD

Sold prices and rental history: sold twice, last in February 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 21 February 2024
Last soldAED 6.3M21 February 2024
Current rentAED 375K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, The Address The BLVD

What is 1705 worth today?

Last sold for AED 6,300,000 in 2024

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21 Feb 2024SoldReady
AED 6,300,000AED 3,597 per sqft
1 Apr 2023RentedNew contract
AED 375,000/yr12 months · AED 214 per sqft
15 Sep 2021RentedNew contract
AED 240,000/yr12 months · AED 137 per sqft
20 Nov 2012Sold by developerOff-plan
AED 3,495,888AED 1,996 per sqft

Source: Dubai Land Department. Updated 21 February 2024.

Key facts

Type
2-bed hotel apartment
Size
1,751 sqft
Floor
17th of 70
Parking
B2-293
Developer
Emaar
Completed
2017
Last sold
AED 6.3M · February 2024

About 1705, The Address The BLVD

1705 is a two-bedroom hotel apartment of 1,751 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 21 February 2024 for AED 6,300,000, or AED 3,597 per sqft, in line with the AED 3,584 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 April 2023, is AED 375,000 a year: a gross yield of 5.9% on the 2024 price.

Sales and rents for 1705 over time

Sales
Unit 1705, 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 by developer, November 2012: AED 3,495,888 (AED 1,996 per sqft)Sold, February 2024: AED 6,300,000 (AED 3,597 per sqft)

1705 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1705, 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, September 2021: AED 240,000 a yearNew contract, April 2023: AED 375,000 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 1705 sits

All 187 2-beds →

1705 last sold in February 2024 at AED 3,597 per sqft, in line with what two-beds in The Address The BLVD were fetching at the time (AED 3,584). 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. 1705's AED 375,000 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
17012-bedAED 5.31M · May 2013
17021-bedAED 3.25M · Jul 2025
17031-bedAED 3.1M · Nov 2016
17042-bedAED 4.54M · Mar 2013
17061-bedAED 3.12M · May 2024
17071-bedAED 2.6M · Nov 2022
17082-bedAED 4.08M · Nov 2012
1–7 of 15

1705, The Address The BLVD in numbers

  • Sold twice: first on 20 November 2012 for AED 3,495,888, last on 21 February 2024 for AED 6,300,000 (AED 3,597 per sqft).
  • Rented since September 2021 on 2 Ejari contracts, from AED 240,000 to AED 375,000 a year.
  • At AED 375,000 a year the gross yield on the 2024 price is 5.9%.
  • 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 21 February 2024.

Questions about 1705, The Address The BLVD

What did unit 1705 last sell for?

AED 6,300,000 on 21 February 2024: AED 3,597 per sqft for 1,751 sqft. The unit has 2 registered sales; the first was AED 3,495,888 in November 2012.

What is the rent for unit 1705?

AED 375,000 a year on the contract signed on 1 April 2023. The previous contract, from September 2021, was AED 240,000.

How big is unit 1705?

1,751 sqft (162.7 sqm): a two-bedroom hotel apartment on the 17th floor of a 70-storey tower completed in 2017.

What is unit 1705 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 1705, The Address The BLVD

Starts from the last sale price (AED 6.3M, 21 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,300,000
Deposit, UAE resident (20%)
AED 1,260,000
Deposit, non-resident (40%)
AED 2,520,000
Monthly over 25 years at 3.7%
AED 25,775

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