2-bed · 1,271 sqftThe Address The BLVD, Downtown Dubai · 37th floor · completed 2017

3705, The Address The BLVD

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

Unit 3705 · DLD and Ejari recordsUpdated 30 October 2023
Last soldAED 3.4M16 March 2021
Current rentAED 300K /yr30 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3705, The Address The BLVD

What is 3705 worth today?

Last sold for AED 3,400,000 in 2021

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30 Oct 2023RentedNew contract
AED 300,000/yr12 months · AED 236 per sqft
27 Jun 2022RentedRenewal
AED 260,000/yr12 months · AED 205 per sqft
27 Jun 2021RentedNew contract
AED 240,000/yr12 months · AED 189 per sqft
16 Mar 2021SoldReady
AED 3,400,000AED 2,674 per sqft
23 Apr 2018SoldReady
AED 4,200,000AED 3,303 per sqft
11 Mar 2018SoldReady
AED 3,000,000AED 2,359 per sqft
6 Dec 2012Sold by developerOff-plan
AED 3,398,888AED 2,673 per sqft

Source: Dubai Land Department. Updated 30 October 2023.

Key facts

Type
2-bed hotel apartment
Size
1,271 sqft
Floor
37th of 70
Parking
B2-206
Developer
Emaar
Completed
2017
Last sold
AED 3.4M · March 2021

About 3705, The Address The BLVD

3705 is a two-bedroom hotel apartment of 1,271 sqft on the 37th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 16 March 2021 for AED 3,400,000, or AED 2,674 per sqft, 31% above the AED 2,044 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 30 October 2023, is AED 300,000 a year: a gross yield of 8.8% on the 2021 price.

Sales and rents for 3705 over time

Sales
Unit 3705, 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, December 2012: AED 3,398,888 (AED 2,673 per sqft)Sold, March 2018: AED 3,000,000 (AED 2,359 per sqft)Sold, April 2018: AED 4,200,000 (AED 3,303 per sqft)Sold, March 2021: AED 3,400,000 (AED 2,674 per sqft)

3705 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3705, 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, June 2021: AED 240,000 a yearRenewal, June 2022: AED 260,000 a yearNew contract, October 2023: 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 3705 sits

All 187 2-beds →

3705 last sold in March 2021 at AED 2,674 per sqft, 31% above what two-beds in The Address The BLVD were fetching at the time (AED 2,044). 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. 3705'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 37th floor

All 531 units in The Address The BLVD
Value
37013-bedAED 4.99M · Nov 2012
37022-bedAED 6.23M · Jan 2025
37032-bedAED 3.88M · Aug 2015
37042-bedAED 8M · Jul 2025
37063-bedAED 6.9M · Jun 2022
37071-bedAED 2.14M · Dec 2012
3708StudioAED 1.88M · Jun 2024
1–7 of 10

3705, The Address The BLVD in numbers

  • Sold 4 times: first on 6 December 2012 for AED 3,398,888, last on 16 March 2021 for AED 3,400,000 (AED 2,674 per sqft).
  • Rented since June 2021 on 3 Ejari contracts, from AED 240,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2021 price is 8.8%.
  • 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 30 October 2023.

Questions about 3705, The Address The BLVD

What did unit 3705 last sell for?

AED 3,400,000 on 16 March 2021: AED 2,674 per sqft for 1,271 sqft. The unit has 4 registered sales; the first was AED 3,398,888 in December 2012.

What is the rent for unit 3705?

AED 300,000 a year on the contract signed on 30 October 2023. The previous contract, from June 2022, was AED 260,000; the unit has been rented since June 2021.

How big is unit 3705?

1,271 sqft (118.1 sqm): a two-bedroom hotel apartment on the 37th floor of a 70-storey tower completed in 2017.

What is unit 3705 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 3705, The Address The BLVD

Starts from the last sale price (AED 3.4M, 16 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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