3-bed · 2,185 sqftThe Address The BLVD, Downtown Dubai · 45th floor · completed 2017

4506, The Address The BLVD

Sold prices and rental history: sold twice, last in September 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4506 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 5.4M17 September 2020
Current rentAED 530K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4506, The Address The BLVD

What is 4506 worth today?

Last sold for AED 5,400,000 in 2020

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1 Feb 2025RentedRenewal
AED 530,000/yr6 months · AED 243 per sqft
1 Feb 2025RentedRenewal
AED 530,000/yr6 months · AED 243 per sqft
1 Feb 2024RentedRenewal
AED 500,000/yr12 months · AED 229 per sqft
1 Feb 2023RentedNew contract
AED 500,000/yr12 months · AED 229 per sqft
1 Nov 2021RentedNew contract
AED 440,000/yr12 months · AED 201 per sqft
5 Feb 2021RentedNew contract
AED 258,610/yr6 months · AED 118 per sqft
5 Feb 2021RentedNew contract
AED 280,000/yr12 months · AED 128 per sqft
17 Sep 2020SoldReady
AED 5,400,000AED 2,471 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
3-bed hotel apartment
Size
2,185 sqft
Floor
45th of 70
Parking
B3-37 , B3-46
Developer
Emaar
Completed
2017
Last sold
AED 5.4M · September 2020

About 4506, The Address The BLVD

4506 is a three-bedroom hotel apartment of 2,185 sqft on the 45th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 17 September 2020 for AED 5,400,000, or AED 2,471 per sqft.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 530,000 a year: a gross yield of 9.8% on the 2020 price.

Sales and rents for 4506 over time

Sales
Unit 4506, 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, July 2015: AED 4,880,266 (AED 2,233 per sqft)Sold, September 2020: AED 5,400,000 (AED 2,471 per sqft)

4506 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4506, each contractTypical three-bed in The Address The BLVD
400K2021202320252027Typical 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, February 2021: AED 258,610 a yearNew contract, February 2021: AED 280,000 a yearNew contract, November 2021: AED 440,000 a yearNew contract, February 2023: AED 500,000 a yearRenewal, February 2024: AED 500,000 a yearRenewal, February 2025: AED 530,000 a yearRenewal, February 2025: AED 530,000 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 4506 sits

All 65 3-beds →

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. 4506's AED 530,000 is in the upper half 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 45th floor

All 531 units in The Address The BLVD
Value
45013-bedAED 7.8M · Dec 2022
45022-bedAED 5.8M · Jun 2023
45032-bedAED 7.3M · Feb 2025
45042-bedAED 7.1M · Aug 2024
45052-bedAED 3.55M · Apr 2022
45071-bedAED 3.25M · Dec 2024
4508StudioAED 2M · Jun 2023
1–7 of 11

4506, The Address The BLVD in numbers

  • Sold twice: first on 20 July 2015 for AED 4,880,266, last on 17 September 2020 for AED 5,400,000 (AED 2,471 per sqft).
  • Rented since February 2021 on 7 Ejari contracts, from AED 280,000 to AED 530,000 a year.
  • At AED 530,000 a year the gross yield on the 2020 price is 9.8%.
  • 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 February 2025.

Questions about 4506, The Address The BLVD

What did unit 4506 last sell for?

AED 5,400,000 on 17 September 2020: AED 2,471 per sqft for 2,185 sqft. The unit has 2 registered sales; the first was AED 4,880,266 in July 2015.

What is the rent for unit 4506?

AED 530,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2025, was AED 530,000; the unit has been rented since February 2021.

How big is unit 4506?

2,185 sqft (203.0 sqm): a three-bedroom hotel apartment on the 45th floor of a 70-storey tower completed in 2017.

What is unit 4506 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 4506, The Address The BLVD

Starts from the last sale price (AED 5.4M, 17 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 5,400,000
Deposit, UAE resident (20%)
AED 1,080,000
Deposit, non-resident (40%)
AED 2,160,000
Monthly over 25 years at 3.7%
AED 22,093

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