1-bed · 905 sqftThe Address The BLVD, Downtown Dubai · 23rd floor · completed 2017

2316, The Address The BLVD

Sold prices and rental history: sold 5 times, last in September 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2316 · DLD and Ejari recordsUpdated 8 January 2025
Last soldAED 2.96M19 September 2023
Current rentAED 300K /yr8 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2316, The Address The BLVD

What is 2316 worth today?

Last sold for AED 2,960,000 in 2023

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8 Jan 2025RentedRenewal
AED 300,000/yr24 months · AED 332 per sqft
8 Jan 2024RentedNew contract
AED 250,000/yr12 months · AED 276 per sqft
19 Sep 2023SoldReady
AED 2,960,000AED 3,271 per sqft
21 Aug 2022RentedRenewal
AED 150,000/yr12 months · AED 166 per sqft
21 Aug 2021RentedNew contract
AED 130,000/yr12 months · AED 144 per sqft
2 Jul 2020SoldReady
AED 1,600,000AED 1,768 per sqft
23 Jun 2014SoldOff-plan
AED 2,564,888AED 2,834 per sqft
25 Dec 2013SoldOff-plan
AED 2,100,000AED 2,320 per sqft

Source: Dubai Land Department. Updated 8 January 2025.

Key facts

Type
1-bed hotel apartment
Size
905 sqft
Floor
23rd of 70
Parking
B2-107
Developer
Emaar
Completed
2017
Last sold
AED 2.96M · September 2023

About 2316, The Address The BLVD

2316 is a one-bedroom hotel apartment of 905 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 19 September 2023 for AED 2,960,000, or AED 3,271 per sqft, 10% above the AED 2,983 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 8 January 2025, is AED 300,000 a year: a gross yield of 10.1% on the 2023 price.

Sales and rents for 2316 over time

Sales
Unit 2316, 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 1,768,888 (AED 1,954 per sqft)Sold, December 2013: AED 2,100,000 (AED 2,320 per sqft)Sold, June 2014: AED 2,564,888 (AED 2,834 per sqft)Sold, July 2020: AED 1,600,000 (AED 1,768 per sqft)Sold, September 2023: AED 2,960,000 (AED 3,271 per sqft)

2316 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2316, each contractTypical one-bed in The Address The BLVD
100K200K300K2020202220242026Typical 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, August 2021: AED 130,000 a yearRenewal, August 2022: AED 150,000 a yearNew contract, January 2024: AED 250,000 a yearRenewal, January 2025: AED 300,000 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 2316 sits

All 150 1-beds →

2316 last sold in September 2023 at AED 3,271 per sqft, 10% above what one-beds in The Address The BLVD were fetching at the time (AED 2,983). 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. 2316's AED 300,000 is at the top 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
23031-bedAED 2M · Sep 2018
23042-bedAED 3.95M · Jun 2015
23052-bedAED 4.5M · Mar 2013
23061-bedAED 3.52M · Jul 2017
23071-bedAED 3.72M · Jan 2025
1–7 of 15

2316, The Address The BLVD in numbers

  • Sold 5 times: first on 27 November 2012 for AED 1,768,888, last on 19 September 2023 for AED 2,960,000 (AED 3,271 per sqft).
  • Rented since August 2021 on 4 Ejari contracts, from AED 130,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2023 price is 10.1%.
  • 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 8 January 2025.

Questions about 2316, The Address The BLVD

What did unit 2316 last sell for?

AED 2,960,000 on 19 September 2023: AED 3,271 per sqft for 905 sqft. The unit has 5 registered sales; the first was AED 1,768,888 in November 2012.

What is the rent for unit 2316?

AED 300,000 a year on the contract renewed on 8 January 2025. The previous contract, from January 2024, was AED 250,000; the unit has been rented since August 2021.

How big is unit 2316?

905 sqft (84.1 sqm): a one-bedroom hotel apartment on the 23rd floor of a 70-storey tower completed in 2017.

What is unit 2316 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 2316, The Address The BLVD

Starts from the last sale price (AED 2.96M, 19 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,960,000
Deposit, UAE resident (20%)
AED 592,000
Deposit, non-resident (40%)
AED 1,184,000
Monthly over 25 years at 3.7%
AED 12,110

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