2-bed · 1,271 sqftThe Address The BLVD, Downtown Dubai · 35th floor · completed 2017

3505, The Address The BLVD

Sold prices and rental history: sold 4 times, last in December 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3505 · DLD and Ejari recordsUpdated 15 December 2022
Last soldAED 5.5M15 December 2022
Current rentAED 300K /yr13 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3505, The Address The BLVD

What is 3505 worth today?

Last sold for AED 5,500,000 in 2022

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15 Dec 2022SoldReady
AED 5,500,000AED 4,325 per sqft
7 Nov 2022SoldReady
AED 4,375,000AED 3,440 per sqft
13 Apr 2022RentedNew contract
AED 300,000/yr12 months · AED 236 per sqft
1 Dec 2021RentedNew contract
AED 300,000/yr12 months · AED 236 per sqft
15 Aug 2021SoldReady
AED 3,300,000AED 2,595 per sqft
27 Nov 2012Sold by developerOff-plan
AED 3,372,888AED 2,652 per sqft

Source: Dubai Land Department. Updated 15 December 2022.

Key facts

Type
2-bed hotel apartment
Size
1,271 sqft
Floor
35th of 70
Parking
B2-203
Developer
Emaar
Completed
2017
Last sold
AED 5.5M · December 2022

About 3505, The Address The BLVD

3505 is a two-bedroom hotel apartment of 1,271 sqft on the 35th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 15 December 2022 for AED 5,500,000, or AED 4,325 per sqft, 43% above the AED 3,028 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 13 April 2022, is AED 300,000 a year: a gross yield of 5.5% on the 2022 price.

Sales and rents for 3505 over time

Sales
Unit 3505, 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, November 2012: AED 3,372,888 (AED 2,652 per sqft)Sold, August 2021: AED 3,300,000 (AED 2,595 per sqft)Sold, November 2022: AED 4,375,000 (AED 3,440 per sqft)Sold, December 2022: AED 5,500,000 (AED 4,325 per sqft)

3505 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3505, 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 300,000 a yearNew contract, April 2022: AED 300,000 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 3505 sits

All 187 2-beds →

3505 last sold in December 2022 at AED 4,325 per sqft, 43% above what two-beds in The Address The BLVD were fetching at the time (AED 3,028). 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. 3505's AED 300,000 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 35th floor

All 531 units in The Address The BLVD
Value
35013-bedAED 4.6M · Sep 2020
35022-bedAED 2.6M · Jan 2021
35032-bedAED 4.3M · Jun 2018
35042-bedAED 5.8M · Sep 2026
35063-bedAED 7.25M · Dec 2021
35071-bedAED 2.7M · Jan 2023
3508StudioAED 1.38M · Jun 2021
1–7 of 11

3505, The Address The BLVD in numbers

  • Sold 4 times: first on 27 November 2012 for AED 3,372,888, last on 15 December 2022 for AED 5,500,000 (AED 4,325 per sqft).
  • Rented since December 2021 on 2 Ejari contracts, at AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2022 price is 5.5%.
  • 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 15 December 2022.

Questions about 3505, The Address The BLVD

What did unit 3505 last sell for?

AED 5,500,000 on 15 December 2022: AED 4,325 per sqft for 1,271 sqft. The unit has 4 registered sales; the first was AED 3,372,888 in November 2012.

What is the rent for unit 3505?

AED 300,000 a year on the contract signed on 13 April 2022. The previous contract, from December 2021, was AED 300,000.

How big is unit 3505?

1,271 sqft (118.1 sqm): a two-bedroom hotel apartment on the 35th floor of a 70-storey tower completed in 2017.

What is unit 3505 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 3505, The Address The BLVD

Starts from the last sale price (AED 5.5M, 15 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,500,000
Deposit, UAE resident (20%)
AED 1,100,000
Deposit, non-resident (40%)
AED 2,200,000
Monthly over 25 years at 3.7%
AED 22,502

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