3-bed · 2,506 sqftThe Address The BLVD, Downtown Dubai · 53rd floor · completed 2017

5302, The Address The BLVD

Sold prices and rental history: sold once, by the developer in June 2017, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5302 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 7M22 June 2017
Current rentAED 650K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5302, The Address The BLVD

What is 5302 worth today?

Last sold for AED 7,000,000 in 2017

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1 Oct 2024RentedNew contract
AED 650,000/yr24 months · AED 259 per sqft
1 Sep 2022RentedNew contract
AED 800,000/yr12 months · AED 319 per sqft
22 Jun 2017Sold by developerOff-plan
AED 7,000,000AED 2,793 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
3-bed hotel apartment
Size
2,506 sqft
Floor
53rd of 70
Parking
B1-207 , B1-208
Developer
Emaar
Completed
2017
Last sold
AED 7M · June 2017

About 5302, The Address The BLVD

5302 is a three-bedroom hotel apartment of 2,506 sqft on the 53rd floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. The developer sold it on 22 June 2017 for AED 7,000,000, or AED 2,793 per sqft, 26% below the AED 3,753 three-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 October 2024, is AED 650,000 a year: a gross yield of 9.3% on the 2017 price.

Sales and rents for 5302 over time

Sales
Unit 5302, 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, June 2017: AED 7,000,000 (AED 2,793 per sqft)

5302 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5302, each contractTypical three-bed in The Address The BLVD
250K500K750K2021202320252027Typical 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, September 2022: AED 800,000 a yearNew contract, October 2024: AED 650,000 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 5302 sits

All 65 3-beds →

5302 last sold in June 2017 at AED 2,793 per sqft, 26% below what three-beds in The Address The BLVD were fetching at the time (AED 3,753). 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. 5302's AED 650,000 is at the top 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 53rd floor

All 531 units in The Address The BLVD
Value
53014-bedAED 15M · May 2022
53034-bedAED 10M · Dec 2019
53043-bedAED 8.81M · Apr 2015

5302, The Address The BLVD in numbers

  • Sold once: by Emaar on 22 June 2017 for AED 7,000,000, or AED 2,793 per sqft.
  • Rented since September 2022 on 2 Ejari contracts, from AED 800,000 to AED 650,000 a year.
  • At AED 650,000 a year the gross yield on the 2017 price is 9.3%.
  • 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 October 2024.

Questions about 5302, The Address The BLVD

What did unit 5302 last sell for?

AED 7,000,000 on 22 June 2017, sold by the developer: AED 2,793 per sqft for 2,506 sqft. It is the only registered sale of the unit.

What is the rent for unit 5302?

AED 650,000 a year on the contract signed on 1 October 2024. The previous contract, from September 2022, was AED 800,000.

How big is unit 5302?

2,506 sqft (232.8 sqm): a three-bedroom hotel apartment on the 53rd floor of a 70-storey tower completed in 2017.

What is unit 5302 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 5302, The Address The BLVD

Starts from the last sale price (AED 7M, 22 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 7,000,000
Deposit, UAE resident (20%)
AED 1,400,000
Deposit, non-resident (40%)
AED 2,800,000
Monthly over 25 years at 3.7%
AED 28,639

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