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2-bed · 1,449 sqftThe Address The BLVD, Downtown Dubai · 40th floor · completed 2017

4009, The Address The BLVD

Sold prices and rental history: sold 3 times, last in August 2023, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4009 · DLD and Ejari recordsUpdated 17 August 2023
Last soldAED 4.55M17 August 2023
Current rentAED 270K /yr3 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4009, The Address The BLVD

What is 4009 worth today?

Last sold for AED 4,550,000 in 2023

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17 Aug 2023SoldReady
AED 4,550,000AED 3,139 per sqft
3 Jun 2022RentedNew contract
AED 270,000/yr12 months · AED 186 per sqft
16 Sep 2013SoldOff-plan
AED 3,700,000AED 2,553 per sqft
8 Sep 2013Sold by developerOff-plan
AED 3,371,888AED 2,326 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 August 2023.

Key facts

Type
2-bed hotel apartment
Size
1,449 sqft
Floor
40th of 70
Parking
B2-179
Developer
Emaar
Completed
2017
Last sold
AED 4.55M · August 2023
Building
The Address The BLVD

About 4009, The Address The BLVD

4009 is a two-bedroom hotel apartment of 1,449 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 17 August 2023 for AED 4,550,000, or AED 3,139 per sqft, 7% below the AED 3,370 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 3 June 2022. The current contract, signed on 3 June 2022, is AED 270,000 a year: a gross yield of 5.9% on the 2023 price.

Sales and rents for 4009 over time

Sales
Unit 4009, 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, September 2013: AED 3,700,000 (AED 2,553 per sqft)Sold by developer, September 2013: AED 3,371,888 (AED 2,326 per sqft)Sold, August 2023: AED 4,550,000 (AED 3,139 per sqft)

4009 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4009, 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, June 2022: AED 270,000 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 4009 sits

All 178 2-beds →

4009 last sold in August 2023 at AED 3,139 per sqft, 7% below what two-beds in The Address The BLVD were fetching at the time (AED 3,370). 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. 4009's AED 270,000 is in the lower half 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
40022-bedAED 4.13M · 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
1–7 of 11

4009, The Address The BLVD in numbers

  • Sold 3 times: first on 8 September 2013 for AED 3,371,888, last on 17 August 2023 for AED 4,550,000 (AED 3,139 per sqft).
  • Rented since June 2022 on one Ejari contract, at AED 270,000 a year.
  • At AED 270,000 a year the gross yield on the 2023 price is 5.9%.
  • 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 17 August 2023.

Questions about 4009, The Address The BLVD

What did unit 4009 last sell for?

AED 4,550,000 on 17 August 2023: AED 3,139 per sqft for 1,449 sqft. The unit has 3 registered sales; the first was AED 3,371,888 in September 2013.

What is the rent for unit 4009?

AED 270,000 a year on the contract signed on 3 June 2022.

How big is unit 4009?

1,449 sqft (134.6 sqm): a two-bedroom hotel apartment on the 40th floor of a 70-storey tower completed in 2017.

What is unit 4009 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 4009, The Address The BLVD

Starts from the last sale price (AED 4.55M, 17 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,550,000
Deposit, UAE resident (20%)
AED 910,000
Deposit, non-resident (40%)
AED 1,820,000
Monthly over 25 years at 3.7%
AED 18,615

Plus AED 196,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →