1-bed · 905 sqftThe Address The BLVD, Downtown Dubai · 17th floor · completed 2017

1709, The Address The BLVD

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

Unit 1709 · DLD and Ejari recordsUpdated 3 November 2024
Last soldAED 2.5M30 November 2022
Current rentAED 220K /yr3 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1709, The Address The BLVD

What is 1709 worth today?

Last sold for AED 2,500,000 in 2022

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3 Nov 2024RentedRenewal
AED 220,000/yr12 months · AED 243 per sqft
3 Nov 2023RentedNew contract
AED 210,000/yr12 months · AED 232 per sqft
12 Dec 2022RentedNew contract
AED 225,000/yr12 months · AED 249 per sqft
30 Nov 2022SoldReady
AED 2,500,000AED 2,762 per sqft
29 Oct 2015SoldOff-plan
AED 2,000,000AED 2,209 per sqft
27 Nov 2012Sold by developerOff-plan
AED 1,749,888AED 1,933 per sqft

Source: Dubai Land Department. Updated 3 November 2024.

Key facts

Type
1-bed hotel apartment
Size
905 sqft
Floor
17th of 70
Parking
B2-95
Developer
Emaar
Completed
2017
Last sold
AED 2.5M · November 2022

About 1709, The Address The BLVD

1709 is a one-bedroom hotel apartment of 905 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 30 November 2022 for AED 2,500,000, or AED 2,762 per sqft, 5% above the AED 2,637 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 3 November 2024, is AED 220,000 a year: a gross yield of 8.8% on the 2022 price.

Sales and rents for 1709 over time

Sales
Unit 1709, 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 1,749,888 (AED 1,933 per sqft)Sold, October 2015: AED 2,000,000 (AED 2,209 per sqft)Sold, November 2022: AED 2,500,000 (AED 2,762 per sqft)

1709 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1709, 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, December 2022: AED 225,000 a yearNew contract, November 2023: AED 210,000 a yearRenewal, November 2024: AED 220,000 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 1709 sits

All 150 1-beds →

1709 last sold in November 2022 at AED 2,762 per sqft, 5% above what one-beds in The Address The BLVD were fetching at the time (AED 2,637). 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. 1709's AED 220,000 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 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
17052-bedAED 6.3M · Feb 2024
17061-bedAED 3.12M · May 2024
17071-bedAED 2.6M · Nov 2022
1–7 of 15

1709, The Address The BLVD in numbers

  • Sold 3 times: first on 27 November 2012 for AED 1,749,888, last on 30 November 2022 for AED 2,500,000 (AED 2,762 per sqft).
  • Rented since December 2022 on 3 Ejari contracts, from AED 225,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2022 price is 8.8%.
  • 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 3 November 2024.

Questions about 1709, The Address The BLVD

What did unit 1709 last sell for?

AED 2,500,000 on 30 November 2022: AED 2,762 per sqft for 905 sqft. The unit has 3 registered sales; the first was AED 1,749,888 in November 2012.

What is the rent for unit 1709?

AED 220,000 a year on the contract renewed on 3 November 2024. The previous contract, from November 2023, was AED 210,000; the unit has been rented since December 2022.

How big is unit 1709?

905 sqft (84.1 sqm): a one-bedroom hotel apartment on the 17th floor of a 70-storey tower completed in 2017.

What is unit 1709 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 1709, The Address The BLVD

Starts from the last sale price (AED 2.5M, 30 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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