2-bed · 1,794 sqftThe Address The BLVD, Downtown Dubai · 15th floor · completed 2017

1501, The Address The BLVD

Sold prices and rental history: sold twice, last in August 2015, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 3 June 2025
Last soldAED 5.3M12 August 2015
Current rentAED 336K /yr3 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, The Address The BLVD

What is 1501 worth today?

Last sold for AED 5,300,000 in 2015

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3 Jun 2025RentedRenewal
AED 336,000/yr12 months · AED 187 per sqft
3 Jun 2024RentedNew contract
AED 320,000/yr12 months · AED 178 per sqft
7 Feb 2023RentedNew contract
AED 400,000/yr12 months · AED 223 per sqft
3 Mar 2022RentedRenewal
AED 230,182/yr11 months · AED 128 per sqft
3 Mar 2021RentedNew contract
AED 220,000/yr12 months · AED 122 per sqft
12 Aug 2015SoldOff-plan
AED 5,300,000AED 2,954 per sqft
21 Nov 2012Sold by developerOff-plan
AED 3,783,888AED 2,109 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 June 2025.

Key facts

Type
2-bed hotel apartment
Size
1,794 sqft
Floor
15th of 70
Parking
B3-68 , B3-69
Developer
Emaar
Completed
2017
Last sold
AED 5.3M · August 2015

About 1501, The Address The BLVD

1501 is a two-bedroom hotel apartment of 1,794 sqft on the 15th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 12 August 2015 for AED 5,300,000, or AED 2,954 per sqft, 13% below the AED 3,411 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 3 June 2025, is AED 336,000 a year: a gross yield of 6.3% on the 2015 price.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical two-bed in The Address The BLVD
4M6M2012201620202024Typical sale price by year: 2012 AED 3,777,888; 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 3,800,000; 2019 AED 3,500,000; 2020 AED 3,150,000; 2021 AED 3,300,000; 2022 AED 4,310,000; 2023 AED 5,500,000; 2024 AED 6,100,000; 2025 AED 6,232,550; 2026 AED 6,750,000Sold by developer, November 2012: AED 3,783,888 (AED 2,109 per sqft)Sold, August 2015: AED 5,300,000 (AED 2,954 per sqft)

1501 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1501, each contractTypical two-bed in The Address The BLVD
200K400K2020202220242026Typical rent by year: 2020 AED 167,500; 2021 AED 225,000; 2022 AED 290,000; 2023 AED 330,000; 2024 AED 330,000; 2025 AED 324,500; 2026 AED 275,000New contract, March 2021: AED 220,000 a yearRenewal, March 2022: AED 230,182 a yearNew contract, February 2023: AED 400,000 a yearNew contract, June 2024: AED 320,000 a yearRenewal, June 2025: AED 336,000 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 1501 sits

All 178 2-beds →

1501 last sold in August 2015 at AED 2,954 per sqft, 13% below what two-beds in The Address The BLVD were fetching at the time (AED 3,411). Over the last 12 months two-beds sold for AED 6,740,000 to 8,000,000, around AED 3,956 per sqft, and rent for AED 245,000 to 310,000 a year. 1501's AED 336,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Feb 20268,000,000
2 Feb 20266,750,000
28 Jan 20266,740,000
22 Jul 20256,400,000
4 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. 19 sold in the last 12 months.

Typical price per sqft
AED 4,070 Up 10.5%
Typical sale
AED 6.75M
Typical rent
AED 205K /yr
Typical yield
5.8%
The Address The BLVD, Downtown Dubai: prices, sales and rents →

Other units on the 15th floor

All 531 units in The Address The BLVD
Value
15021-bedAED 3.03M · May 2024
15031-bedAED 2.25M · Dec 2012
15042-bedAED 7.33M · Mar 2015
15052-bedAED 5M · Nov 2015
15061-bedAED 1.6M · Jan 2020
15071-bedAED 2.45M · Oct 2022
15082-bedAED 8M · Feb 2026
1–7 of 15

1501, The Address The BLVD in numbers

  • Sold twice: first on 21 November 2012 for AED 3,783,888, last on 12 August 2015 for AED 5,300,000 (AED 2,954 per sqft).
  • Rented since March 2021 on 5 Ejari contracts, from AED 220,000 to AED 336,000 a year.
  • At AED 336,000 a year the gross yield on the 2015 price is 6.3%.
  • Two-beds in The Address The BLVD sold for AED 6,740,000–8,000,000 in the 12 months to November 2026; the building's median across all types is AED 4,070 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 3 June 2025.

Questions about 1501, The Address The BLVD

What did unit 1501 last sell for?

AED 5,300,000 on 12 August 2015: AED 2,954 per sqft for 1,794 sqft. The unit has 2 registered sales; the first was AED 3,783,888 in November 2012.

What is the rent for unit 1501?

AED 336,000 a year on the contract renewed on 3 June 2025. The previous contract, from June 2024, was AED 320,000; the unit has been rented since March 2021.

How big is unit 1501?

1,794 sqft (166.7 sqm): a two-bedroom hotel apartment on the 15th floor of a 70-storey tower completed in 2017.

What is unit 1501 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 6,740,000 to 8,000,000 in the last 12 months, around AED 3,956 per sqft.

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Mortgage on 1501, The Address The BLVD

Starts from the last sale price (AED 5.3M, 12 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 5,300,000
Deposit, UAE resident (20%)
AED 1,060,000
Deposit, non-resident (40%)
AED 2,120,000
Monthly over 25 years at 3.7%
AED 21,684

Plus AED 227,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →