1-bed · 847 sqftThe Address The BLVD, Downtown Dubai · 17th floor · completed 2017

1703, The Address The BLVD

Sold prices and rental history: sold 4 times, last in November 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 5 September 2024
Last soldAED 3.1M24 November 2016
Current rentAED 220K /yr5 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, The Address The BLVD

What is 1703 worth today?

Last sold for AED 3,100,000 in 2016

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5 Sep 2024RentedNew contract
AED 220,000/yr12 months · AED 259 per sqft
1 Nov 2023RentedRenewal
AED 240,000/yr12 months · AED 282 per sqft
1 Nov 2022RentedRenewal
AED 240,000/yr12 months · AED 282 per sqft
1 Nov 2021RentedNew contract
AED 210,000/yr12 months · AED 247 per sqft
24 Nov 2016SoldOff-plan
AED 3,100,000AED 3,659 per sqft
22 Jun 2016SoldOff-plan
AED 2,196,567AED 2,592 per sqft
25 Feb 2013SoldOff-plan
AED 2,447,694AED 2,889 per sqft
27 Nov 2012Sold by developerOff-plan
AED 2,022,888AED 2,387 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 September 2024.

Key facts

Type
1-bed hotel apartment
Size
847 sqft
Floor
17th of 70
Parking
B2-174
Developer
Emaar
Completed
2017
Last sold
AED 3.1M · November 2016

About 1703, The Address The BLVD

1703 is a one-bedroom hotel apartment of 847 sqft on the 17th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 24 November 2016 for AED 3,100,000, or AED 3,659 per sqft, 49% above the AED 2,461 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 5 September 2024, is AED 220,000 a year: a gross yield of 7.1% on the 2016 price.

Sales and rents for 1703 over time

Sales
Unit 1703, each saleTypical one-bed in The Address The BLVD
2M3M2012201620202024Typical sale price by year: 2012 AED 1,861,888; 2013 AED 2,172,017; 2014 AED 2,605,541; 2015 AED 2,341,705; 2016 AED 2,248,284; 2017 AED 2,500,000; 2018 AED 1,957,888; 2019 AED 1,705,000; 2020 AED 1,600,000; 2021 AED 2,100,000; 2022 AED 2,400,000; 2023 AED 2,830,000; 2024 AED 3,030,000; 2025 AED 3,000,000; 2026 AED 2,750,000Sold by developer, November 2012: AED 2,022,888 (AED 2,387 per sqft)Sold, February 2013: AED 2,447,694 (AED 2,889 per sqft)Sold, June 2016: AED 2,196,567 (AED 2,592 per sqft)Sold, November 2016: AED 3,100,000 (AED 3,659 per sqft)

1703 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1703, each contractTypical one-bed in The Address The BLVD
100K200K2020202220242026Typical rent by year: 2020 AED 117,500; 2021 AED 135,000; 2022 AED 174,741; 2023 AED 200,000; 2024 AED 195,000; 2025 AED 190,000; 2026 AED 200,000New contract, November 2021: AED 210,000 a yearRenewal, November 2022: AED 240,000 a yearRenewal, November 2023: AED 240,000 a yearNew contract, September 2024: AED 220,000 a year

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

1-beds in The Address The BLVD, and where 1703 sits

All 140 1-beds →

1703 last sold in November 2016 at AED 3,659 per sqft, 49% above what one-beds in The Address The BLVD were fetching at the time (AED 2,461). Over the last 12 months one-beds sold for AED 2,500,000 to 3,600,000, around AED 3,147 per sqft, and rent for AED 115,000 to 235,212 a year. 1703's AED 220,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20263,600,000
5 Feb 20262,750,000
2 Feb 20262,500,000
5 Jan 202691,292
8 1-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 17th floor

All 531 units in The Address The BLVD
Value
17012-bedAED 5.31M · May 2013
17021-bedAED 3.25M · Jul 2025
17042-bedAED 4.54M · Mar 2013
17052-bedAED 6.3M · Feb 2024
17061-bedAED 3.12M · May 2024
17071-bedAED 2.6M · Nov 2022
17082-bedAED 4.08M · Nov 2012
1–7 of 15

1703, The Address The BLVD in numbers

  • Sold 4 times: first on 27 November 2012 for AED 2,022,888, last on 24 November 2016 for AED 3,100,000 (AED 3,659 per sqft).
  • Rented since November 2021 on 4 Ejari contracts, from AED 210,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2016 price is 7.1%.
  • One-beds in The Address The BLVD sold for AED 2,500,000–3,600,000 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 5 September 2024.

Questions about 1703, The Address The BLVD

What did unit 1703 last sell for?

AED 3,100,000 on 24 November 2016: AED 3,659 per sqft for 847 sqft. The unit has 4 registered sales; the first was AED 2,022,888 in November 2012.

What is the rent for unit 1703?

AED 220,000 a year on the contract signed on 5 September 2024. The previous contract, from November 2023, was AED 240,000; the unit has been rented since November 2021.

How big is unit 1703?

847 sqft (78.7 sqm): a one-bedroom hotel apartment on the 17th floor of a 70-storey tower completed in 2017.

What is unit 1703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Address The BLVD sold for AED 2,500,000 to 3,600,000 in the last 12 months, around AED 3,147 per sqft.

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Mortgage on 1703, The Address The BLVD

Starts from the last sale price (AED 3.1M, 24 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

Plus AED 135,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →