Studio · 557 sqftThe Address The BLVD, Downtown Dubai · 44th floor · completed 2017

4408, The Address The BLVD

Sold prices and rental history: sold 4 times, last in January 2024, and rented once, from February 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4408 · DLD and Ejari recordsUpdated 13 February 2024
Last soldAED 2M17 January 2024
Current rentAED 150K /yr13 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4408, The Address The BLVD

What is 4408 worth today?

Last sold for AED 2,000,000 in 2024

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13 Feb 2024RentedNew contract
AED 150,000/yr12 months · AED 268 per sqft
17 Jan 2024SoldReady
AED 2,000,000AED 3,591 per sqft
18 Jan 2023SoldReady
AED 1,550,000AED 2,783 per sqft
3 Oct 2013SoldOff-plan
AED 1,529,795AED 2,747 per sqft
30 Jul 2013Sold by developerOff-plan
AED 1,365,888AED 2,453 per sqft

Source: Dubai Land Department. Updated 13 February 2024.

Key facts

Type
Studio hotel apartment
Size
557 sqft
Floor
44th of 70
Parking
B1-50
Developer
Emaar
Completed
2017
Last sold
AED 2M · January 2024

About 4408, The Address The BLVD

4408 is a studio of 557 sqft on the 44th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 17 January 2024 for AED 2,000,000, or AED 3,591 per sqft, 14% above the AED 3,141 studios in the building were fetching at the time.

One Ejari contract is registered, from 13 February 2024. The current contract, signed on 13 February 2024, is AED 150,000 a year: a gross yield of 7.5% on the 2024 price.

Sales and rents for 4408 over time

Sales
Unit 4408, 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, July 2013: AED 1,365,888 (AED 2,453 per sqft)Sold, October 2013: AED 1,529,795 (AED 2,747 per sqft)Sold, January 2023: AED 1,550,000 (AED 2,783 per sqft)Sold, January 2024: AED 2,000,000 (AED 3,591 per sqft)

4408 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 4408, 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, February 2024: AED 150,000 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 4408 sits

All 90 studios →

4408 last sold in January 2024 at AED 3,591 per sqft, 14% above what studios in The Address The BLVD were fetching at the time (AED 3,141). 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. 4408's AED 150,000 is at the top 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 44th floor

All 531 units in The Address The BLVD
Value
44013-bedAED 8.65M · Feb 2024
44022-bedAED 6.23M · Jan 2025
44032-bedAED 8.58M · Jan 2025
44042-bedAED 1.8M · Nov 2019
44052-bedAED 5.2M · Apr 2024
44063-bedAED 10.25M · Jan 2026
44071-bedAED 3.17M · Nov 2024
1–7 of 11

4408, The Address The BLVD in numbers

  • Sold 4 times: first on 30 July 2013 for AED 1,365,888, last on 17 January 2024 for AED 2,000,000 (AED 3,591 per sqft).
  • Rented since February 2024 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2024 price is 7.5%.
  • 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 13 February 2024.

Questions about 4408, The Address The BLVD

What did unit 4408 last sell for?

AED 2,000,000 on 17 January 2024: AED 3,591 per sqft for 557 sqft. The unit has 4 registered sales; the first was AED 1,365,888 in July 2013.

What is the rent for unit 4408?

AED 150,000 a year on the contract signed on 13 February 2024.

How big is unit 4408?

557 sqft (51.7 sqm): a studio on the 44th floor of a 70-storey tower completed in 2017.

What is unit 4408 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 4408, The Address The BLVD

Starts from the last sale price (AED 2M, 17 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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