1-bed · 847 sqftThe Address The BLVD, Downtown Dubai · 23rd floor · completed 2017

2303, The Address The BLVD

Sold prices and rental history: sold 3 times, last in September 2018, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2303 · DLD and Ejari recordsUpdated 7 September 2022
Last soldAED 2M26 September 2018
Current rentAED 105K /yr7 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2303, The Address The BLVD

What is 2303 worth today?

Last sold for AED 2,000,000 in 2018

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7 Sep 2022RentedRenewal
AED 105,000/yr12 months · AED 125 per sqft
7 Sep 2021RentedRenewal
AED 105,000/yr12 months · AED 125 per sqft
7 Sep 2020RentedNew contract
AED 105,000/yr12 months · AED 123 per sqft
26 Sep 2018SoldReady
AED 2,000,000AED 2,360 per sqft
12 May 2013SoldOff-plan
AED 2,075,437AED 2,449 per sqft
22 Nov 2012Sold by developerOff-plan
AED 2,054,888AED 2,425 per sqft

Source: Dubai Land Department. Updated 7 September 2022.

Key facts

Type
1-bed hotel apartment
Size
847 sqft
Floor
23rd of 70
Parking
B3-59
Developer
Emaar
Completed
2017
Last sold
AED 2M · September 2018

About 2303, The Address The BLVD

2303 is a one-bedroom hotel apartment of 847 sqft on the 23rd floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 26 September 2018 for AED 2,000,000, or AED 2,360 per sqft, 5% below the AED 2,474 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 7 September 2022, is AED 105,000 a year: a gross yield of 5.3% on the 2018 price.

Sales and rents for 2303 over time

Sales
Unit 2303, 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 2,054,888 (AED 2,425 per sqft)Sold, May 2013: AED 2,075,437 (AED 2,449 per sqft)Sold, September 2018: AED 2,000,000 (AED 2,360 per sqft)

2303 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2303, 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, September 2020: AED 105,000 a yearRenewal, September 2021: AED 105,000 a yearRenewal, September 2022: AED 105,000 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 2303 sits

All 150 1-beds →

2303 last sold in September 2018 at AED 2,360 per sqft, 5% below what one-beds in The Address The BLVD were fetching at the time (AED 2,474). 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. 2303's AED 105,000 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 23rd floor

All 531 units in The Address The BLVD
Value
23012-bedAED 5M · Feb 2022
23021-bedAED 1.8M · Nov 2019
23042-bedAED 3.95M · Jun 2015
23052-bedAED 4.5M · Mar 2013
23061-bedAED 3.52M · Jul 2017
23071-bedAED 3.72M · Jan 2025
23082-bedAED 4.18M · Dec 2012
1–7 of 15

2303, The Address The BLVD in numbers

  • Sold 3 times: first on 22 November 2012 for AED 2,054,888, last on 26 September 2018 for AED 2,000,000 (AED 2,360 per sqft).
  • Rented since September 2020 on 3 Ejari contracts, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2018 price is 5.3%.
  • 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 7 September 2022.

Questions about 2303, The Address The BLVD

What did unit 2303 last sell for?

AED 2,000,000 on 26 September 2018: AED 2,360 per sqft for 847 sqft. The unit has 3 registered sales; the first was AED 2,054,888 in November 2012.

What is the rent for unit 2303?

AED 105,000 a year on the contract renewed on 7 September 2022. The previous contract, from September 2021, was AED 105,000; the unit has been rented since September 2020.

How big is unit 2303?

847 sqft (78.7 sqm): a one-bedroom hotel apartment on the 23rd floor of a 70-storey tower completed in 2017.

What is unit 2303 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 2303, The Address The BLVD

Starts from the last sale price (AED 2M, 26 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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