Studio · 557 sqftThe Address The BLVD, Downtown Dubai · 29th floor · completed 2017

2908, The Address The BLVD

Sold prices and rental history: sold 3 times, last in November 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2908 · DLD and Ejari recordsUpdated 18 October 2024
Last soldAED 1.7M24 November 2022
Current rentAED 125K /yr18 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2908, The Address The BLVD

What is 2908 worth today?

Last sold for AED 1,700,000 in 2022

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18 Oct 2024RentedNew contract
AED 125,000/yr12 months · AED 223 per sqft
17 May 2024RentedNew contract
AED 150,000/yr12 months · AED 269 per sqft
17 May 2024RentedNew contract
AED 150,000/yr12 months · AED 273 per sqft
24 Nov 2022SoldReady
AED 1,700,000AED 3,053 per sqft
29 Jun 2014SoldOff-plan
AED 1,803,754AED 3,239 per sqft
19 Jun 2014Sold by developerOff-plan
AED 1,148,888AED 2,063 per sqft

Source: Dubai Land Department. Updated 18 October 2024.

Key facts

Type
Studio hotel apartment
Size
557 sqft
Floor
29th of 70
Parking
B3-218
Developer
Emaar
Completed
2017
Last sold
AED 1.7M · November 2022

About 2908, The Address The BLVD

2908 is a studio of 557 sqft on the 29th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 24 November 2022 for AED 1,700,000, or AED 3,053 per sqft, 12% above the AED 2,737 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 18 October 2024, is AED 125,000 a year: a gross yield of 7.3% on the 2022 price.

Sales and rents for 2908 over time

Sales
Unit 2908, each saleTypical studio in The Address The BLVD
1M1.5M2M2012201620202024Typical sale price by year: 2012 AED 1,112,888; 2013 AED 1,317,454; 2014 AED 1,597,988; 2015 AED 1,356,888; 2016 AED 1,508,813; 2017 AED 1,700,000; 2018 AED 1,475,000; 2019 AED 1,100,000; 2020 AED 1,136,500; 2021 AED 1,400,000; 2022 AED 1,525,000; 2023 AED 1,650,000; 2024 AED 2,000,000; 2025 AED 2,000,000Sold, June 2014: AED 1,803,754 (AED 3,239 per sqft)Sold by developer, June 2014: AED 1,148,888 (AED 2,063 per sqft)Sold, November 2022: AED 1,700,000 (AED 3,053 per sqft)

2908 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2908, each contractTypical studio in The Address The BLVD
100K150K2020202220242026Typical rent by year: 2020 AED 80,000; 2021 AED 94,738; 2022 AED 112,500; 2023 AED 130,000; 2024 AED 131,250; 2025 AED 135,000; 2026 AED 115,000New contract, May 2024: AED 150,000 a yearNew contract, May 2024: AED 150,000 a yearNew contract, October 2024: AED 125,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in The Address The BLVD, and where 2908 sits

All 90 studios →

2908 last sold in November 2022 at AED 3,053 per sqft, 12% above what studios in The Address The BLVD were fetching at the time (AED 2,737). Over the last 12 months studios sold for AED 1,200,000 to 2,100,000, around AED 3,680 per sqft, and rent for AED 80,000 to 145,000 a year. 2908's AED 125,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Jul 20261,200,000
8 May 20262,050,000
25 Nov 20252,100,000
10 Nov 202525,000
4 studio 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 29th floor

All 531 units in The Address The BLVD
Value
29013-bedAED 6M · Nov 2012
29022-bedAED 3.57M · Dec 2012
29032-bedAED 5.85M · Dec 2017
29042-bedAED 6.6M · Jun 2026
29052-bedAED 3.43M · Oct 2012
29063-bedAED 4.83M · Nov 2012
29071-bedAED 2.9M · Jul 2026
1–7 of 11

2908, The Address The BLVD in numbers

  • Sold 3 times: first on 19 June 2014 for AED 1,148,888, last on 24 November 2022 for AED 1,700,000 (AED 3,053 per sqft).
  • Rented since May 2024 on 3 Ejari contracts, from AED 150,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2022 price is 7.3%.
  • Studios in The Address The BLVD sold for AED 1,200,000–2,100,000 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 18 October 2024.

Questions about 2908, The Address The BLVD

What did unit 2908 last sell for?

AED 1,700,000 on 24 November 2022: AED 3,053 per sqft for 557 sqft. The unit has 3 registered sales; the first was AED 1,148,888 in June 2014.

What is the rent for unit 2908?

AED 125,000 a year on the contract signed on 18 October 2024. The previous contract, from May 2024, was AED 150,000; the unit has been rented since May 2024.

How big is unit 2908?

557 sqft (51.7 sqm): a studio on the 29th floor of a 70-storey tower completed in 2017.

What is unit 2908 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Address The BLVD sold for AED 1,200,000 to 2,100,000 in the last 12 months, around AED 3,680 per sqft.

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Mortgage on 2908, The Address The BLVD

Starts from the last sale price (AED 1.7M, 24 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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