2-bed · 1,751 sqftThe Address The BLVD, Downtown Dubai · 23rd floor · completed 2017

2304, The Address The BLVD

Sold prices and rental history: sold once, by the developer in June 2015, and rented once, from December 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 24 December 2021
Last soldAED 3.95M16 June 2015
Current rentAED 330K /yr24 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, The Address The BLVD

What is 2304 worth today?

Last sold for AED 3,945,888 in 2015

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24 Dec 2021RentedNew contract
AED 330,000/yr12 months · AED 188 per sqft
16 Jun 2015Sold by developerOff-plan
AED 3,945,888AED 2,253 per sqft

Source: Dubai Land Department. Updated 24 December 2021.

Key facts

Type
2-bed hotel apartment
Size
1,751 sqft
Floor
23rd of 70
Parking
B2-301
Developer
Emaar
Completed
2017
Last sold
AED 3.95M · June 2015

About 2304, The Address The BLVD

2304 is a two-bedroom hotel apartment of 1,751 sqft on the 23rd floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. The developer sold it on 16 June 2015 for AED 3,945,888, or AED 2,253 per sqft, 46% below the AED 4,182 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 December 2021. The current contract, signed on 24 December 2021, is AED 330,000 a year: a gross yield of 8.4% on the 2015 price.

Sales and rents for 2304 over time

Sales
Unit 2304, 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, June 2015: AED 3,945,888 (AED 2,253 per sqft)

2304 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2304, each contractTypical two-bed in The Address The BLVD
200K300K2020202220242026Typical 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, December 2021: AED 330,000 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 2304 sits

All 187 2-beds →

2304 last sold in June 2015 at AED 2,253 per sqft, 46% below what two-beds in The Address The BLVD were fetching at the time (AED 4,182). 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. 2304's AED 330,000 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 23rd floor

All 531 units in The Address The BLVD
Value
23012-bedAED 5M · Feb 2022
23021-bedAED 1.8M · Nov 2019
23031-bedAED 2M · Sep 2018
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

2304, The Address The BLVD in numbers

  • Sold once: by Emaar on 16 June 2015 for AED 3,945,888, or AED 2,253 per sqft.
  • Rented since December 2021 on one Ejari contract, at AED 330,000 a year.
  • At AED 330,000 a year the gross yield on the 2015 price is 8.4%.
  • 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 24 December 2021.

Questions about 2304, The Address The BLVD

What did unit 2304 last sell for?

AED 3,945,888 on 16 June 2015, sold by the developer: AED 2,253 per sqft for 1,751 sqft. It is the only registered sale of the unit.

What is the rent for unit 2304?

AED 330,000 a year on the contract signed on 24 December 2021.

How big is unit 2304?

1,751 sqft (162.7 sqm): a two-bedroom hotel apartment on the 23rd floor of a 70-storey tower completed in 2017.

What is unit 2304 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 2304, The Address The BLVD

Starts from the last sale price (AED 3.95M, 16 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,945,888
Deposit, UAE resident (20%)
AED 789,178
Deposit, non-resident (40%)
AED 1,578,355
Monthly over 25 years at 3.7%
AED 16,144

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