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4-bed · 2,840 sqftThe Address The BLVD, Downtown Dubai · 59th floor · completed 2017

5901, The Address The BLVD

Sold prices and rental history: sold twice, last in December 2022, and rented once, from October 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5901 · DLD and Ejari recordsUpdated 28 December 2022
Last soldAED 14.5M28 December 2022
Current rentAED 800K /yr12 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5901, The Address The BLVD

What is 5901 worth today?

Last sold for AED 14,500,000 in 2022

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28 Dec 2022SoldReady
AED 14,500,000AED 5,105 per sqft
12 Oct 2021RentedNew contract
AED 800,000/yr12 months · AED 282 per sqft
16 Jun 2014Sold by developerOff-plan
AED 8,809,888AED 3,101 per sqft

Source: Dubai Land Department. Updated 28 December 2022.

Key facts

Type
4-bed hotel apartment
Size
2,840 sqft
Floor
59th of 70
Parking
B2-157 , B2-158 , B2-232
Developer
Emaar
Completed
2017
Last sold
AED 14.5M · December 2022
Building
The Address The BLVD

About 5901, The Address The BLVD

5901 is a four-bedroom hotel apartment of 2,840 sqft on the 59th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 28 December 2022 for AED 14,500,000, or AED 5,105 per sqft, in line with the AED 5,105 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 October 2021. The current contract, signed on 12 October 2021, is AED 800,000 a year: a gross yield of 5.5% on the 2022 price.

Sales and rents for 5901 over time

Sales
Unit 5901, each saleTypical four-bed in The Address The BLVD
10M15M2013201720212025Typical sale price by year: 2013 AED 9,968,888; 2014 AED 9,196,888; 2015 AED 9,639,888; 2017 AED 12,500,000; 2018 AED 9,960,888; 2019 AED 10,682,944; 2022 AED 15,000,000; 2023 AED 13,300,000; 2024 AED 17,500,000; 2025 AED 18,000,000; 2026 AED 16,500,000Sold by developer, June 2014: AED 8,809,888 (AED 3,101 per sqft)Sold, December 2022: AED 14,500,000 (AED 5,105 per sqft)

5901 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 5901, each contractTypical four-bed in The Address The BLVD
600K800K1M2021202320252027Typical rent by year: 2021 AED 637,500; 2022 AED 992,500; 2023 AED 937,500; 2024 AED 850,000; 2025 AED 1,000,000; 2026 AED 864,000New contract, October 2021: AED 800,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in The Address The BLVD, and where 5901 sits

All 30 4-beds →

5901 last sold in December 2022 at AED 5,105 per sqft, in line with what four-beds in The Address The BLVD were fetching at the time (AED 5,105). Over the last 12 months four-beds sold for AED 15,700,000 to 24,000,000, around AED 5,809 per sqft, and rent for AED 750,000 to 1,025,000 a year. 5901's AED 800,000 is in the lower half of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
2 Nov 202616,500,000
16 Oct 202624,000,000
25 Sep 202615,700,000
15 Dec 202518,000,000
5 4-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 59th floor

All 531 units in The Address The BLVD
Value
59025-bedAED 15.55M · Nov 2017
59034-bedAED 11.13M · Jul 2013
59043-bedAED 12M · Feb 2026

5901, The Address The BLVD in numbers

  • Sold twice: first on 16 June 2014 for AED 8,809,888, last on 28 December 2022 for AED 14,500,000 (AED 5,105 per sqft).
  • Rented since October 2021 on one Ejari contract, at AED 800,000 a year.
  • At AED 800,000 a year the gross yield on the 2022 price is 5.5%.
  • Four-beds in The Address The BLVD sold for AED 15,700,000–24,000,000 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 December 2022.

Questions about 5901, The Address The BLVD

What did unit 5901 last sell for?

AED 14,500,000 on 28 December 2022: AED 5,105 per sqft for 2,840 sqft. The unit has 2 registered sales; the first was AED 8,809,888 in June 2014.

What is the rent for unit 5901?

AED 800,000 a year on the contract signed on 12 October 2021.

How big is unit 5901?

2,840 sqft (263.8 sqm): a four-bedroom hotel apartment on the 59th floor of a 70-storey tower completed in 2017.

What is unit 5901 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in The Address The BLVD sold for AED 15,700,000 to 24,000,000 in the last 12 months, around AED 5,809 per sqft.

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Mortgage on 5901, The Address The BLVD

Starts from the last sale price (AED 14.5M, 28 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 14,500,000
Deposit, UAE resident (20%)
AED 2,900,000
Deposit, non-resident (40%)
AED 5,800,000
Monthly over 25 years at 3.7%
AED 59,324

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