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2-bed · 1,271 sqftThe Address The BLVD, Downtown Dubai · 40th floor · completed 2017

4002, The Address The BLVD

Sold prices and rental history: sold 4 times, last in November 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4002 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 4.13M1 November 2022
Current rentAED 350K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4002, The Address The BLVD

What is 4002 worth today?

Last sold for AED 4,125,000 in 2022

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1 May 2024RentedNew contract
AED 350,000/yr12 months · AED 276 per sqft
20 Apr 2023RentedNew contract
AED 335,000/yr12 months · AED 264 per sqft
1 Nov 2022SoldReady
AED 4,125,000AED 3,244 per sqft
1 May 2019SoldReady
AED 3,500,000AED 2,752 per sqft
5 Mar 2013SoldOff-plan
AED 4,200,000AED 3,303 per sqft
21 Nov 2012Sold by developerOff-plan
AED 3,435,888AED 2,702 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
2-bed hotel apartment
Size
1,271 sqft
Floor
40th of 70
Parking
B2-209
Developer
Emaar
Completed
2017
Last sold
AED 4.13M · November 2022
Building
The Address The BLVD

About 4002, The Address The BLVD

4002 is a two-bedroom hotel apartment of 1,271 sqft on the 40th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 1 November 2022 for AED 4,125,000, or AED 3,244 per sqft, 17% above the AED 2,770 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 May 2024, is AED 350,000 a year: a gross yield of 8.5% on the 2022 price.

Sales and rents for 4002 over time

Sales
Unit 4002, 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 3,435,888 (AED 2,702 per sqft)Sold, March 2013: AED 4,200,000 (AED 3,303 per sqft)Sold, May 2019: AED 3,500,000 (AED 2,752 per sqft)Sold, November 2022: AED 4,125,000 (AED 3,244 per sqft)

4002 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4002, 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 335,000 a yearNew contract, May 2024: AED 350,000 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 4002 sits

All 178 2-beds →

4002 last sold in November 2022 at AED 3,244 per sqft, 17% above what two-beds in The Address The BLVD were fetching at the time (AED 2,770). 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. 4002's AED 350,000 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 40th floor

All 531 units in The Address The BLVD
Value
40013-bedAED 11.8M · Nov 2022
40032-bedAED 4.76M · Jun 2015
40042-bedAED 7.65M · May 2015
40052-bedAED 3.15M · Dec 2020
40063-bedAED 8.1M · Feb 2023
40071-bedAED 3.15M · Jun 2024
4008StudioAED 1.18M · Oct 2013
1–7 of 11

4002, The Address The BLVD in numbers

  • Sold 4 times: first on 21 November 2012 for AED 3,435,888, last on 1 November 2022 for AED 4,125,000 (AED 3,244 per sqft).
  • Rented since April 2023 on 2 Ejari contracts, from AED 335,000 to AED 350,000 a year.
  • At AED 350,000 a year the gross yield on the 2022 price is 8.5%.
  • 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 1 May 2024.

Questions about 4002, The Address The BLVD

What did unit 4002 last sell for?

AED 4,125,000 on 1 November 2022: AED 3,244 per sqft for 1,271 sqft. The unit has 4 registered sales; the first was AED 3,435,888 in November 2012.

What is the rent for unit 4002?

AED 350,000 a year on the contract signed on 1 May 2024. The previous contract, from April 2023, was AED 335,000.

How big is unit 4002?

1,271 sqft (118.1 sqm): a two-bedroom hotel apartment on the 40th floor of a 70-storey tower completed in 2017.

What is unit 4002 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 4002, The Address The BLVD

Starts from the last sale price (AED 4.13M, 1 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,125,000
Deposit, UAE resident (20%)
AED 825,000
Deposit, non-resident (40%)
AED 1,650,000
Monthly over 25 years at 3.7%
AED 16,877

Plus AED 178,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →