Studio · 557 sqftThe Address The BLVD, Downtown Dubai · 45th floor · completed 2017

4508, The Address The BLVD

Sold prices and rental history: sold 4 times, last in June 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4508 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 2M20 June 2023
Current rentAED 140K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4508, The Address The BLVD

What is 4508 worth today?

Last sold for AED 2,000,000 in 2023

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1 May 2025RentedNew contract
AED 140,000/yr12 months · AED 251 per sqft
5 Apr 2025RentedNew contract
AED 145,000/yr12 months · AED 260 per sqft
13 Apr 2024RentedRenewal
AED 135,000/yr12 months · AED 242 per sqft
20 Jun 2023SoldReady
AED 2,000,000AED 3,591 per sqft
13 Apr 2023RentedNew contract
AED 130,000/yr12 months · AED 233 per sqft
31 Mar 2021RentedNew contract
AED 94,475/yr12 months · AED 172 per sqft
19 Mar 2020SoldReady
AED 1,200,000AED 2,155 per sqft
21 Dec 2017SoldReady
AED 1,625,000AED 2,918 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
Studio hotel apartment
Size
557 sqft
Floor
45th of 70
Parking
B1-52
Developer
Emaar
Completed
2017
Last sold
AED 2M · June 2023

About 4508, The Address The BLVD

4508 is a studio of 557 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 20 June 2023 for AED 2,000,000, or AED 3,591 per sqft, 25% above the AED 2,874 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 1 May 2025, is AED 140,000 a year: a gross yield of 7.0% on the 2023 price.

Sales and rents for 4508 over time

Sales
Unit 4508, 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 1,182,888 (AED 2,124 per sqft)Sold, December 2017: AED 1,625,000 (AED 2,918 per sqft)Sold, March 2020: AED 1,200,000 (AED 2,155 per sqft)Sold, June 2023: AED 2,000,000 (AED 3,591 per sqft)

4508 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 4508, 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, March 2021: AED 94,475 a yearNew contract, April 2023: AED 130,000 a yearRenewal, April 2024: AED 135,000 a yearNew contract, April 2025: AED 145,000 a yearNew contract, May 2025: AED 140,000 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 4508 sits

All 90 studios →

4508 last sold in June 2023 at AED 3,591 per sqft, 25% above what studios in The Address The BLVD were fetching at the time (AED 2,874). 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. 4508's AED 140,000 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 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
45063-bedAED 5.4M · Sep 2020
45071-bedAED 3.25M · Dec 2024
1–7 of 11

4508, The Address The BLVD in numbers

  • Sold 4 times: first on 27 November 2012 for AED 1,182,888, last on 20 June 2023 for AED 2,000,000 (AED 3,591 per sqft).
  • Rented since March 2021 on 5 Ejari contracts, from AED 94,475 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2023 price is 7.0%.
  • 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 1 May 2025.

Questions about 4508, The Address The BLVD

What did unit 4508 last sell for?

AED 2,000,000 on 20 June 2023: AED 3,591 per sqft for 557 sqft. The unit has 4 registered sales; the first was AED 1,182,888 in November 2012.

What is the rent for unit 4508?

AED 140,000 a year on the contract signed on 1 May 2025. The previous contract, from April 2025, was AED 145,000; the unit has been rented since March 2021.

How big is unit 4508?

557 sqft (51.7 sqm): a studio on the 45th floor of a 70-storey tower completed in 2017.

What is unit 4508 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 4508, The Address The BLVD

Starts from the last sale price (AED 2M, 20 June 2023). 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 →