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2-bed · 1,750 sqftThe Address The BLVD, Downtown Dubai · 50th floor · completed 2017

5004, The Address The BLVD

Sold prices and rental history: sold twice, last in April 2023, and rented once, from September 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5004 · DLD and Ejari recordsUpdated 28 April 2023
Last soldAED 7.2M28 April 2023
Current rentAED 325K /yr4 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5004, The Address The BLVD

What is 5004 worth today?

Last sold for AED 7,200,000 in 2023

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28 Apr 2023SoldReady
AED 7,200,000AED 4,113 per sqft
4 Sep 2021RentedNew contract
AED 325,000/yr12 months · AED 185 per sqft
15 Jan 2014Sold by developerOff-plan
AED 5,204,888AED 2,973 per sqft

Source: Dubai Land Department. Updated 28 April 2023.

Key facts

Type
2-bed hotel apartment
Size
1,750 sqft
Floor
50th of 70
Parking
B3-165
Developer
Emaar
Completed
2017
Last sold
AED 7.2M · April 2023
Building
The Address The BLVD

About 5004, The Address The BLVD

5004 is a two-bedroom hotel apartment of 1,750 sqft on the 50th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 28 April 2023 for AED 7,200,000, or AED 4,113 per sqft, 28% above the AED 3,222 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 4 September 2021. The current contract, signed on 4 September 2021, is AED 325,000 a year: a gross yield of 4.5% on the 2023 price.

Sales and rents for 5004 over time

Sales
Unit 5004, 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, January 2014: AED 5,204,888 (AED 2,973 per sqft)Sold, April 2023: AED 7,200,000 (AED 4,113 per sqft)

5004 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5004, 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, September 2021: AED 325,000 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 5004 sits

All 187 2-beds →

5004 last sold in April 2023 at AED 4,113 per sqft, 28% above what two-beds in The Address The BLVD were fetching at the time (AED 3,222). 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. 5004's AED 325,000 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 50th floor

All 531 units in The Address The BLVD
Value
50013-bedAED 6.18M · Jun 2015
50022-bedAED 3.1M · Mar 2020
50032-bedAED 6.35M · May 2017
50052-bedAED 6M · Feb 2024
50063-bedAED 6.49M · Dec 2015
50071-bedAED 2M · Feb 2020
5008StudioAED 1.8M · Sep 2017
1–7 of 11

5004, The Address The BLVD in numbers

  • Sold twice: first on 15 January 2014 for AED 5,204,888, last on 28 April 2023 for AED 7,200,000 (AED 4,113 per sqft).
  • Rented since September 2021 on one Ejari contract, at AED 325,000 a year.
  • At AED 325,000 a year the gross yield on the 2023 price is 4.5%.
  • 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 28 April 2023.

Questions about 5004, The Address The BLVD

What did unit 5004 last sell for?

AED 7,200,000 on 28 April 2023: AED 4,113 per sqft for 1,750 sqft. The unit has 2 registered sales; the first was AED 5,204,888 in January 2014.

What is the rent for unit 5004?

AED 325,000 a year on the contract signed on 4 September 2021.

How big is unit 5004?

1,750 sqft (162.6 sqm): a two-bedroom hotel apartment on the 50th floor of a 70-storey tower completed in 2017.

What is unit 5004 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 5004, The Address The BLVD

Starts from the last sale price (AED 7.2M, 28 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 7,200,000
Deposit, UAE resident (20%)
AED 1,440,000
Deposit, non-resident (40%)
AED 2,880,000
Monthly over 25 years at 3.7%
AED 29,457

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