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2-bed · 1,750 sqftThe Address The BLVD, Downtown Dubai · 32nd floor · completed 2017

3203, The Address The BLVD

Sold prices and rental history: sold 3 times, last in August 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3203 · DLD and Ejari recordsUpdated 31 August 2023
Last soldAED 6.9M31 August 2023
Current rentAED 220K /yr15 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3203, The Address The BLVD

What is 3203 worth today?

Last sold for AED 6,900,000 in 2023

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31 Aug 2023SoldReady
AED 6,900,000AED 3,942 per sqft
18 May 2023SoldReady
AED 5,600,000AED 3,199 per sqft
15 Mar 2022RentedRenewal
AED 220,000/yr12 months · AED 125 per sqft
15 Mar 2021RentedNew contract
AED 220,000/yr12 months · AED 125 per sqft
14 Mar 2020RentedNew contract
AED 220,000/yr12 months · AED 125 per sqft
5 Sep 2017Sold by developerReady
AED 3,803,888AED 2,173 per sqft

Source: Dubai Land Department. Updated 31 August 2023.

Key facts

Type
2-bed hotel apartment
Size
1,750 sqft
Floor
32nd of 70
Parking
B2-279
Developer
Emaar
Completed
2017
Last sold
AED 6.9M · August 2023
Building
The Address The BLVD

About 3203, The Address The BLVD

3203 is a two-bedroom hotel apartment of 1,750 sqft on the 32nd floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 31 August 2023 for AED 6,900,000, or AED 3,942 per sqft, 17% above the AED 3,380 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 15 March 2022, is AED 220,000 a year: a gross yield of 3.2% on the 2023 price.

Sales and rents for 3203 over time

Sales
Unit 3203, 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, September 2017: AED 3,803,888 (AED 2,173 per sqft)Sold, May 2023: AED 5,600,000 (AED 3,199 per sqft)Sold, August 2023: AED 6,900,000 (AED 3,942 per sqft)

3203 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3203, each contractTypical two-bed in The Address The BLVD
200K300K2020202220242026Typical 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 2020: AED 220,000 a yearNew contract, March 2021: AED 220,000 a yearRenewal, March 2022: AED 220,000 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 3203 sits

All 178 2-beds →

3203 last sold in August 2023 at AED 3,942 per sqft, 17% above what two-beds in The Address The BLVD were fetching at the time (AED 3,380). 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. 3203's AED 220,000 is at the bottom 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 32nd floor

All 531 units in The Address The BLVD
Value
32013-bedAED 7M · Apr 2013
32022-bedAED 3.64M · Feb 2013
32042-bedAED 7.99M · Jan 2025
32052-bedAED 4.31M · Nov 2022
32063-bedAED 8.3M · Apr 2023
32071-bedAED 2.95M · Oct 2023
3208AED 2.1M · Nov 2025
1–7 of 10

3203, The Address The BLVD in numbers

  • Sold 3 times: first on 5 September 2017 for AED 3,803,888, last on 31 August 2023 for AED 6,900,000 (AED 3,942 per sqft).
  • Rented since March 2020 on 3 Ejari contracts, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2023 price is 3.2%.
  • 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: Dubai Land Department. Updated 31 August 2023.

Questions about 3203, The Address The BLVD

What did unit 3203 last sell for?

AED 6,900,000 on 31 August 2023: AED 3,942 per sqft for 1,750 sqft. The unit has 3 registered sales; the first was AED 3,803,888 in September 2017.

What is the rent for unit 3203?

AED 220,000 a year on the contract renewed on 15 March 2022. The previous contract, from March 2021, was AED 220,000; the unit has been rented since March 2020.

How big is unit 3203?

1,750 sqft (162.6 sqm): a two-bedroom hotel apartment on the 32nd floor of a 70-storey tower completed in 2017.

What is unit 3203 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 3203, The Address The BLVD

Starts from the last sale price (AED 6.9M, 31 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,900,000
Deposit, UAE resident (20%)
AED 1,380,000
Deposit, non-resident (40%)
AED 2,760,000
Monthly over 25 years at 3.7%
AED 28,230

Plus AED 294,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →