2-bed · 1,449 sqftThe Address The BLVD, Downtown Dubai · 50th floor · completed 2017

5010, The Address The BLVD

Sold prices and rental history: sold 5 times, last in September 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5010 · DLD and Ejari recordsUpdated 4 September 2024
Last soldAED 5M4 September 2024
Current rentAED 280K /yr20 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5010, The Address The BLVD

What is 5010 worth today?

Last sold for AED 4,999,990 in 2024

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4 Sep 2024SoldReady
AED 4,999,990AED 3,450 per sqft
20 Sep 2022RentedNew contract
AED 280,000/yr12 months · AED 193 per sqft
4 Jul 2021RentedNew contract
AED 200,000/yr12 months · AED 138 per sqft
26 May 2015SoldOff-plan
AED 5,100,000AED 3,554 per sqft
27 May 2014SoldOff-plan
AED 5,500,000AED 3,795 per sqft
16 Jan 2014SoldOff-plan
AED 4,250,000AED 2,932 per sqft
8 Jan 2014Sold by developerOff-plan
AED 3,506,888AED 2,419 per sqft

Source: Dubai Land Department. Updated 4 September 2024.

Key facts

Type
2-bed hotel apartment
Size
1,449 sqft
Floor
50th of 70
Parking
B2-72
Developer
Emaar
Completed
2017
Last sold
AED 5M · September 2024

About 5010, The Address The BLVD

5010 is a two-bedroom hotel apartment of 1,449 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 4 September 2024 for AED 4,999,990, or AED 3,450 per sqft, 10% below the AED 3,825 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 20 September 2022, is AED 280,000 a year: a gross yield of 5.6% on the 2024 price.

Sales and rents for 5010 over time

Sales
Unit 5010, 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, January 2014: AED 4,250,000 (AED 2,932 per sqft)Sold by developer, January 2014: AED 3,506,888 (AED 2,419 per sqft)Sold, May 2014: AED 5,500,000 (AED 3,795 per sqft)Sold, May 2015: AED 5,100,000 (AED 3,554 per sqft)Sold, September 2024: AED 4,999,990 (AED 3,450 per sqft)

5010 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5010, 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, July 2021: AED 200,000 a yearNew contract, September 2022: AED 280,000 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 5010 sits

All 187 2-beds →

5010 last sold in September 2024 at AED 3,450 per sqft, 10% below what two-beds in The Address The BLVD were fetching at the time (AED 3,825). 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. 5010's AED 280,000 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
50042-bedAED 7.2M · Apr 2023
50052-bedAED 6M · Feb 2024
50063-bedAED 6.49M · Dec 2015
50071-bedAED 2M · Feb 2020
1–7 of 11

5010, The Address The BLVD in numbers

  • Sold 5 times: first on 8 January 2014 for AED 3,506,888, last on 4 September 2024 for AED 4,999,990 (AED 3,450 per sqft).
  • Rented since July 2021 on 2 Ejari contracts, from AED 200,000 to AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2024 price is 5.6%.
  • 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 4 September 2024.

Questions about 5010, The Address The BLVD

What did unit 5010 last sell for?

AED 4,999,990 on 4 September 2024: AED 3,450 per sqft for 1,449 sqft. The unit has 5 registered sales; the first was AED 3,506,888 in January 2014.

What is the rent for unit 5010?

AED 280,000 a year on the contract signed on 20 September 2022. The previous contract, from July 2021, was AED 200,000.

How big is unit 5010?

1,449 sqft (134.6 sqm): a two-bedroom hotel apartment on the 50th floor of a 70-storey tower completed in 2017.

What is unit 5010 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 5010, The Address The BLVD

Starts from the last sale price (AED 5M, 4 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,999,990
Deposit, UAE resident (20%)
AED 999,998
Deposit, non-resident (40%)
AED 1,999,996
Monthly over 25 years at 3.7%
AED 20,457

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