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2-bed · 1,271 sqftThe Address The BLVD, Downtown Dubai · 35th floor · completed 2017

3502, The Address The BLVD

Sold prices and rental history: sold 3 times, last in January 2021, and rented once, from April 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3502 · DLD and Ejari recordsUpdated 28 April 2023
Last soldAED 2.6M25 January 2021
Current rentAED 330K /yr28 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3502, The Address The BLVD

What is 3502 worth today?

Last sold for AED 2,600,000 in 2021

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28 Apr 2023RentedNew contract
AED 330,000/yr12 months · AED 260 per sqft
25 Jan 2021SoldReady
AED 2,600,000AED 2,044 per sqft
22 Nov 2012SoldOff-plan
AED 3,600,000AED 2,831 per sqft
31 Oct 2012Sold by developerOff-plan
AED 3,150,888AED 2,478 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 April 2023.

Key facts

Type
2-bed hotel apartment
Size
1,271 sqft
Floor
35th of 70
Parking
B2-202
Developer
Emaar
Completed
2017
Last sold
AED 2.6M · January 2021
Building
The Address The BLVD

About 3502, The Address The BLVD

3502 is a two-bedroom hotel apartment of 1,271 sqft on the 35th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 25 January 2021 for AED 2,600,000, or AED 2,044 per sqft, 8% below the AED 2,231 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 April 2023. The current contract, signed on 28 April 2023, is AED 330,000 a year: a gross yield of 12.7% on the 2021 price.

Sales and rents for 3502 over time

Sales
Unit 3502, each saleTypical two-bed in The Address The BLVD
2M4M6M2012201620202024Typical 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, October 2012: AED 3,150,888 (AED 2,478 per sqft)Sold, November 2012: AED 3,600,000 (AED 2,831 per sqft)Sold, January 2021: AED 2,600,000 (AED 2,044 per sqft)

3502 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3502, 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, April 2023: AED 330,000 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 3502 sits

All 178 2-beds →

3502 last sold in January 2021 at AED 2,044 per sqft, 8% below what two-beds in The Address The BLVD were fetching at the time (AED 2,231). 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. 3502's AED 330,000 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 35th floor

All 531 units in The Address The BLVD
Value
35013-bedAED 4.6M · Sep 2020
35032-bedAED 4.3M · Jun 2018
35042-bedAED 4.31M · Nov 2012
35052-bedAED 5.5M · Dec 2022
35063-bedAED 7.25M · Dec 2021
35071-bedAED 2.7M · Jan 2023
3508StudioAED 1.38M · Jun 2021
1–7 of 11

3502, The Address The BLVD in numbers

  • Sold 3 times: first on 31 October 2012 for AED 3,150,888, last on 25 January 2021 for AED 2,600,000 (AED 2,044 per sqft).
  • Rented since April 2023 on one Ejari contract, at AED 330,000 a year.
  • At AED 330,000 a year the gross yield on the 2021 price is 12.7%.
  • 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 28 April 2023.

Questions about 3502, The Address The BLVD

What did unit 3502 last sell for?

AED 2,600,000 on 25 January 2021: AED 2,044 per sqft for 1,271 sqft. The unit has 3 registered sales; the first was AED 3,150,888 in October 2012.

What is the rent for unit 3502?

AED 330,000 a year on the contract signed on 28 April 2023.

How big is unit 3502?

1,271 sqft (118.1 sqm): a two-bedroom hotel apartment on the 35th floor of a 70-storey tower completed in 2017.

What is unit 3502 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 3502, The Address The BLVD

Starts from the last sale price (AED 2.6M, 25 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

Plus AED 114,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →