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

4010, The Address The BLVD

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4010 · DLD and Ejari recordsUpdated 15 April 2024
Last soldAED 2.78M3 August 2015
Current rentAED 320K /yr15 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4010, The Address The BLVD

What is 4010 worth today?

Last sold for AED 2,776,888 in 2015

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15 Apr 2024RentedNew contract
AED 320,000/yr14 months · AED 220 per sqft
2 Nov 2022RentedRenewal
AED 300,000/yr12 months · AED 207 per sqft
2 Nov 2021RentedNew contract
AED 255,000/yr12 months · AED 176 per sqft
30 Sep 2021RentedNew contract
AED 220,875/yr1 months · AED 152 per sqft
3 Aug 2015Sold by developerOff-plan
AED 2,776,888AED 1,916 per sqft

Source: Dubai Land Department. Updated 15 April 2024.

Key facts

Type
2-bed hotel apartment
Size
1,449 sqft
Floor
40th of 70
Parking
B2-57
Developer
Emaar
Completed
2017
Last sold
AED 2.78M · August 2015

About 4010, The Address The BLVD

4010 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. The developer sold it on 3 August 2015 for AED 2,776,888, or AED 1,916 per sqft, 46% below the AED 3,547 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 15 April 2024, is AED 320,000 a year: a gross yield of 11.5% on the 2015 price.

Sales and rents for 4010 over time

Sales
Unit 4010, 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, August 2015: AED 2,776,888 (AED 1,916 per sqft)

4010 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4010, 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, September 2021: AED 220,875 a yearNew contract, November 2021: AED 255,000 a yearRenewal, November 2022: AED 300,000 a yearNew contract, April 2024: AED 320,000 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 4010 sits

All 178 2-beds →

4010 last sold in August 2015 at AED 1,916 per sqft, 46% below what two-beds in The Address The BLVD were fetching at the time (AED 3,547). 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. 4010's AED 320,000 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
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

4010, The Address The BLVD in numbers

  • Sold once: by Emaar on 3 August 2015 for AED 2,776,888, or AED 1,916 per sqft.
  • Rented since September 2021 on 4 Ejari contracts, from AED 220,875 to AED 320,000 a year.
  • At AED 320,000 a year the gross yield on the 2015 price is 11.5%.
  • 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 15 April 2024.

Questions about 4010, The Address The BLVD

What did unit 4010 last sell for?

AED 2,776,888 on 3 August 2015, sold by the developer: AED 1,916 per sqft for 1,449 sqft. It is the only registered sale of the unit.

What is the rent for unit 4010?

AED 320,000 a year on the contract signed on 15 April 2024. The previous contract, from November 2022, was AED 300,000; the unit has been rented since September 2021.

How big is unit 4010?

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 4010 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 4010, The Address The BLVD

Starts from the last sale price (AED 2.78M, 3 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,776,888
Deposit, UAE resident (20%)
AED 555,378
Deposit, non-resident (40%)
AED 1,110,755
Monthly over 25 years at 3.7%
AED 11,361

Plus AED 121,640 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →