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3-bed · 2,185 sqftThe Address The BLVD, Downtown Dubai · 35th floor · completed 2017

3506, The Address The BLVD

Sold prices and rental history: sold twice, last in December 2021, and rented once, from May 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3506 · DLD and Ejari recordsUpdated 1 May 2023
Last soldAED 7.25M7 December 2021
Current rentAED 600K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3506, The Address The BLVD

What is 3506 worth today?

Last sold for AED 7,250,000 in 2021

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1 May 2023RentedNew contract
AED 600,000/yr12 months · AED 275 per sqft
7 Dec 2021SoldReady
AED 7,250,000AED 3,318 per sqft
29 Nov 2012Sold by developerOff-plan
AED 5,294,888AED 2,423 per sqft

Source: Dubai Land Department. Updated 1 May 2023.

Key facts

Type
3-bed hotel apartment
Size
2,185 sqft
Floor
35th of 70
Parking
B3-90 , B3-89
Developer
Emaar
Completed
2017
Last sold
AED 7.25M · December 2021
Building
The Address The BLVD

About 3506, The Address The BLVD

3506 is a three-bedroom hotel apartment of 2,185 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 7 December 2021 for AED 7,250,000, or AED 3,318 per sqft, 46% above the AED 2,276 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2023. The current contract, signed on 1 May 2023, is AED 600,000 a year: a gross yield of 8.3% on the 2021 price.

Sales and rents for 3506 over time

Sales
Unit 3506, each saleTypical three-bed in The Address The BLVD
5M7.5M10M2012201620202024Typical sale price by year: 2012 AED 5,146,888; 2013 AED 6,595,888; 2014 AED 8,500,000; 2015 AED 7,517,888; 2016 AED 6,789,888; 2017 AED 7,500,000; 2018 AED 6,440,888; 2019 AED 5,500,000; 2020 AED 5,000,000; 2021 AED 5,286,373; 2022 AED 7,520,000; 2023 AED 8,100,000; 2025 AED 9,200,000; 2026 AED 10,100,000Sold by developer, November 2012: AED 5,294,888 (AED 2,423 per sqft)Sold, December 2021: AED 7,250,000 (AED 3,318 per sqft)

3506 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3506, each contractTypical three-bed in The Address The BLVD
400K600K2021202320252027Typical rent by year: 2021 AED 325,000; 2022 AED 417,500; 2023 AED 540,000; 2024 AED 525,000; 2025 AED 500,000; 2026 AED 500,000New contract, May 2023: AED 600,000 a year

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

3-beds in The Address The BLVD, and where 3506 sits

All 65 3-beds →

3506 last sold in December 2021 at AED 3,318 per sqft, 46% above what three-beds in The Address The BLVD were fetching at the time (AED 2,276). Over the last 12 months three-beds sold for AED 8,900,000 to 12,000,000, around AED 4,624 per sqft, and rent for AED 120,000 to 600,000 a year. 3506's AED 600,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
8 Sep 202610,100,000
13 Aug 20268,900,000
12 Feb 202612,000,000
8 Jan 20269,150,000
5 3-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
35052-bedAED 5.5M · Dec 2022
35071-bedAED 2.7M · Jan 2023
3508StudioAED 1.38M · Jun 2021
1–7 of 11

3506, The Address The BLVD in numbers

  • Sold twice: first on 29 November 2012 for AED 5,294,888, last on 7 December 2021 for AED 7,250,000 (AED 3,318 per sqft).
  • Rented since May 2023 on one Ejari contract, at AED 600,000 a year.
  • At AED 600,000 a year the gross yield on the 2021 price is 8.3%.
  • Three-beds in The Address The BLVD sold for AED 8,900,000–12,000,000 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 1 May 2023.

Questions about 3506, The Address The BLVD

What did unit 3506 last sell for?

AED 7,250,000 on 7 December 2021: AED 3,318 per sqft for 2,185 sqft. The unit has 2 registered sales; the first was AED 5,294,888 in November 2012.

What is the rent for unit 3506?

AED 600,000 a year on the contract signed on 1 May 2023.

How big is unit 3506?

2,185 sqft (203.0 sqm): a three-bedroom hotel apartment on the 35th floor of a 70-storey tower completed in 2017.

What is unit 3506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Address The BLVD sold for AED 8,900,000 to 12,000,000 in the last 12 months, around AED 4,624 per sqft.

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Mortgage on 3506, The Address The BLVD

Starts from the last sale price (AED 7.25M, 7 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 7,250,000
Deposit, UAE resident (20%)
AED 1,450,000
Deposit, non-resident (40%)
AED 2,900,000
Monthly over 25 years at 3.7%
AED 29,662

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