Studio · 557 sqftThe Address The BLVD, Downtown Dubai · 39th floor · completed 2017

3908, The Address The BLVD

Sold prices and rental history: sold 4 times, last in December 2016, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3908 · DLD and Ejari recordsUpdated 17 October 2024
Last soldAED 1.68M22 December 2016
Current rentAED 124K /yr17 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3908, The Address The BLVD

What is 3908 worth today?

Last sold for AED 1,680,000 in 2016

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17 Oct 2024RentedRenewal
AED 124,000/yr12 months · AED 222 per sqft
17 Oct 2024RentedRenewal
AED 124,000/yr12 months · AED 222 per sqft
17 Oct 2023RentedNew contract
AED 136,000/yr12 months · AED 243 per sqft
22 Dec 2016SoldOff-plan
AED 1,680,000AED 3,017 per sqft
12 Oct 2016SoldOff-plan
AED 1,169,888AED 2,101 per sqft
23 Jun 2013SoldOff-plan
AED 1,310,275AED 2,353 per sqft
21 Nov 2012Sold by developerOff-plan
AED 1,169,888AED 2,101 per sqft

Source: Dubai Land Department. Updated 17 October 2024.

Key facts

Type
Studio hotel apartment
Size
557 sqft
Floor
39th of 70
Parking
B1-42
Developer
Emaar
Completed
2017
Last sold
AED 1.68M · December 2016

About 3908, The Address The BLVD

3908 is a studio of 557 sqft on the 39th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 22 December 2016 for AED 1,680,000, or AED 3,017 per sqft, 12% above the AED 2,696 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 17 October 2024, is AED 124,000 a year: a gross yield of 7.4% on the 2016 price.

Sales and rents for 3908 over time

Sales
Unit 3908, 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 by developer, November 2012: AED 1,169,888 (AED 2,101 per sqft)Sold, June 2013: AED 1,310,275 (AED 2,353 per sqft)Sold, October 2016: AED 1,169,888 (AED 2,101 per sqft)Sold, December 2016: AED 1,680,000 (AED 3,017 per sqft)

3908 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 3908, each contractTypical studio in The Address The BLVD
100K2020202220242026Typical 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, October 2023: AED 136,000 a yearRenewal, October 2024: AED 124,000 a yearRenewal, October 2024: AED 124,000 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 3908 sits

All 90 studios →

3908 last sold in December 2016 at AED 3,017 per sqft, 12% above what studios in The Address The BLVD were fetching at the time (AED 2,696). 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. 3908's AED 124,000 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 39th floor

All 531 units in The Address The BLVD
Value
39013-bedAED 5.2M · Jan 2023
39022-bedAED 5M · Oct 2026
39032-bedAED 5.5M · Jun 2023
39042-bedAED 7.5M · Dec 2024
39052-bedAED 3.99M · Feb 2013
39063-bedAED 7.25M · Jun 2022
39071-bedAED 3.22M · Apr 2026
1–7 of 11

3908, The Address The BLVD in numbers

  • Sold 4 times: first on 21 November 2012 for AED 1,169,888, last on 22 December 2016 for AED 1,680,000 (AED 3,017 per sqft).
  • Rented since October 2023 on 3 Ejari contracts, from AED 136,000 to AED 124,000 a year.
  • At AED 124,000 a year the gross yield on the 2016 price is 7.4%.
  • 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 17 October 2024.

Questions about 3908, The Address The BLVD

What did unit 3908 last sell for?

AED 1,680,000 on 22 December 2016: AED 3,017 per sqft for 557 sqft. The unit has 4 registered sales; the first was AED 1,169,888 in November 2012.

What is the rent for unit 3908?

AED 124,000 a year on the contract renewed on 17 October 2024. The previous contract, from October 2024, was AED 124,000; the unit has been rented since October 2023.

How big is unit 3908?

557 sqft (51.7 sqm): a studio on the 39th floor of a 70-storey tower completed in 2017.

What is unit 3908 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 3908, The Address The BLVD

Starts from the last sale price (AED 1.68M, 22 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,680,000
Deposit, UAE resident (20%)
AED 336,000
Deposit, non-resident (40%)
AED 672,000
Monthly over 25 years at 3.7%
AED 6,873

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