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Studio · 557 sqftThe Address The BLVD, Downtown Dubai · 50th floor · completed 2017

5011, The Address The BLVD

Sold prices and rental history: sold twice, last in May 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5011 · DLD and Ejari recordsUpdated 20 May 2018
Last soldAED 1.5M20 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5011, The Address The BLVD

What is 5011 worth today?

Last sold for AED 1,500,000 in 2018

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20 May 2018SoldReady
AED 1,500,000AED 2,694 per sqft
3 Sep 2015Sold by developerOff-plan
AED 1,382,888AED 2,484 per sqft

Source: Dubai Land Department. Updated 20 May 2018.

Key facts

Type
Studio hotel apartment
Size
557 sqft
Floor
50th of 70
Parking
B3-8
Developer
Emaar
Completed
2017
Last sold
AED 1.5M · May 2018
Building
The Address The BLVD

About 5011, The Address The BLVD

5011 is a studio of 557 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 20 May 2018 for AED 1,500,000, or AED 2,694 per sqft, 6% below the AED 2,872 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5011 over time

Sales
Unit 5011, 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, September 2015: AED 1,382,888 (AED 2,484 per sqft)Sold, May 2018: AED 1,500,000 (AED 2,694 per sqft)

5011 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 5011, each contractTypical studio in The Address The BLVD
75K100K125K2020202220242026Typical 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 115,000

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 5011 sits

All 90 studios →

5011 last sold in May 2018 at AED 2,694 per sqft, 6% below what studios in The Address The BLVD were fetching at the time (AED 2,872). 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.

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 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

5011, The Address The BLVD in numbers

  • Sold twice: first on 3 September 2015 for AED 1,382,888, last on 20 May 2018 for AED 1,500,000 (AED 2,694 per sqft).
  • 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 20 May 2018.

Questions about 5011, The Address The BLVD

What did unit 5011 last sell for?

AED 1,500,000 on 20 May 2018: AED 2,694 per sqft for 557 sqft. The unit has 2 registered sales; the first was AED 1,382,888 in September 2015.

How big is unit 5011?

557 sqft (51.7 sqm): a studio on the 50th floor of a 70-storey tower completed in 2017.

What is unit 5011 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 5011, The Address The BLVD

Starts from the last sale price (AED 1.5M, 20 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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