Home
Dubai prices
About
Research
1-bed · 905 sqftThe Address The BLVD, Downtown Dubai · 25th floor · completed 2017

2516, The Address The BLVD

Sold prices and rental history: sold 3 times, last in April 2022, and rented once, from March 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2516 · DLD and Ejari recordsUpdated 12 April 2022
Last soldAED 1.93M12 April 2022
Current rentAED 130K /yr22 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2516, The Address The BLVD

What is 2516 worth today?

Last sold for AED 1,930,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Apr 2022SoldReady
AED 1,930,000AED 2,133 per sqft
22 Mar 2021RentedNew contract
AED 130,000/yr12 months · AED 144 per sqft
22 Jan 2013SoldOff-plan
AED 1,952,377AED 2,157 per sqft
27 Nov 2012Sold by developerOff-plan
AED 1,774,888AED 1,961 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 April 2022.

Key facts

Type
1-bed hotel apartment
Size
905 sqft
Floor
25th of 70
Parking
B2-110
Developer
Emaar
Completed
2017
Last sold
AED 1.93M · April 2022
Building
The Address The BLVD

About 2516, The Address The BLVD

2516 is a one-bedroom hotel apartment of 905 sqft on the 25th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 12 April 2022 for AED 1,930,000, or AED 2,133 per sqft, 8% below the AED 2,320 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 March 2021. The current contract, signed on 22 March 2021, is AED 130,000 a year: a gross yield of 6.7% on the 2022 price.

Sales and rents for 2516 over time

Sales
Unit 2516, 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 1,774,888 (AED 1,961 per sqft)Sold, January 2013: AED 1,952,377 (AED 2,157 per sqft)Sold, April 2022: AED 1,930,000 (AED 2,133 per sqft)

2516 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2516, each contractTypical one-bed in The Address The BLVD
150K200K2020202220242026Typical 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, March 2021: AED 130,000 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 2516 sits

All 140 1-beds →

2516 last sold in April 2022 at AED 2,133 per sqft, 8% below what one-beds in The Address The BLVD were fetching at the time (AED 2,320). 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. 2516's AED 130,000 is in the lower 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 25th floor

All 531 units in The Address The BLVD
Value
25012-bedAED 4.93M · Jan 2013
25021-bedAED 2.5M · Mar 2023
25031-bedAED 2.85M · Feb 2023
25042-bedAED 5.75M · Sep 2017
25052-bedAED 6.7M · Dec 2023
25061-bedAED 2.66M · Nov 2013
25071-bedAED 2.95M · Sep 2023
1–7 of 15

2516, The Address The BLVD in numbers

  • Sold 3 times: first on 27 November 2012 for AED 1,774,888, last on 12 April 2022 for AED 1,930,000 (AED 2,133 per sqft).
  • Rented since March 2021 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2022 price is 6.7%.
  • 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 12 April 2022.

Questions about 2516, The Address The BLVD

What did unit 2516 last sell for?

AED 1,930,000 on 12 April 2022: AED 2,133 per sqft for 905 sqft. The unit has 3 registered sales; the first was AED 1,774,888 in November 2012.

What is the rent for unit 2516?

AED 130,000 a year on the contract signed on 22 March 2021.

How big is unit 2516?

905 sqft (84.1 sqm): a one-bedroom hotel apartment on the 25th floor of a 70-storey tower completed in 2017.

What is unit 2516 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.

Selling 2516? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2516, The Address The BLVD

Starts from the last sale price (AED 1.93M, 12 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,930,000
Deposit, UAE resident (20%)
AED 386,000
Deposit, non-resident (40%)
AED 772,000
Monthly over 25 years at 3.7%
AED 7,896

Plus AED 86,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →