Studio · 557 sqftThe Address The BLVD, Downtown Dubai · 40th floor · completed 2017

4011, The Address The BLVD

Sold prices and rental history: sold once, by the developer in November 2012, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4011 · DLD and Ejari recordsUpdated 4 October 2024
Last soldAED 1.17M27 November 2012
Current rentAED 115K /yr4 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4011, The Address The BLVD

What is 4011 worth today?

Last sold for AED 1,171,888 in 2012

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4 Oct 2024RentedNew contract
AED 115,000/yr12 months · AED 205 per sqft
9 May 2023RentedNew contract
AED 130,000/yr12 months · AED 232 per sqft
10 Apr 2022RentedNew contract
AED 112,500/yr12 months · AED 201 per sqft
27 Nov 2012Sold by developerOff-plan
AED 1,171,888AED 2,105 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 October 2024.

Key facts

Type
Studio hotel apartment
Size
557 sqft
Floor
40th of 70
Parking
B1-184
Developer
Emaar
Completed
2017
Last sold
AED 1.17M · November 2012

About 4011, The Address The BLVD

4011 is a studio of 557 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 27 November 2012 for AED 1,171,888, or AED 2,105 per sqft, 5% above the AED 2,005 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 4 October 2024, is AED 115,000 a year: a gross yield of 9.8% on the 2012 price.

Sales and rents for 4011 over time

Sales
Unit 4011, each saleTypical studio in The Address The BLVD
1M1.5M2M2012201620202024Typical sale price by year: 2012 AED 1,112,888; 2013 AED 1,317,454; 2014 AED 1,597,988; 2015 AED 1,356,888; 2016 AED 1,473,491; 2017 AED 1,700,000; 2018 AED 1,500,000; 2019 AED 1,075,000; 2020 AED 1,136,500; 2021 AED 1,400,000; 2022 AED 1,525,000; 2023 AED 1,700,000; 2024 AED 1,960,000; 2025 AED 2,000,000Sold by developer, November 2012: AED 1,171,888 (AED 2,105 per sqft)

4011 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 4011, each contractTypical studio in The Address The BLVD
100K150K2020202220242026Typical rent by year: 2020 AED 80,000; 2021 AED 92,000; 2022 AED 113,000; 2023 AED 130,000; 2024 AED 135,000; 2025 AED 135,000; 2026 AED 140,000New contract, April 2022: AED 112,500 a yearNew contract, May 2023: AED 130,000 a yearNew contract, October 2024: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in The Address The BLVD, and where 4011 sits

All 86 studios →

4011 last sold in November 2012 at AED 2,105 per sqft, 5% above what studios in The Address The BLVD were fetching at the time (AED 2,005). Over the last 12 months studios sold for AED 2,100,000, around AED 3,771 per sqft, and rent for AED 100,000 to 142,500 a year. 4011's AED 115,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Jun 20251,600,000
30 May 20251,207,000
22 Apr 20252,000,000
25 Mar 20252,000,000
1 studio sale 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

4011, The Address The BLVD in numbers

  • Sold once: by Emaar on 27 November 2012 for AED 1,171,888, or AED 2,105 per sqft.
  • Rented since April 2022 on 3 Ejari contracts, from AED 112,500 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2012 price is 9.8%.
  • Studios in The Address The BLVD sold for AED 2,100,000–2,100,000 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 4 October 2024.

Questions about 4011, The Address The BLVD

What did unit 4011 last sell for?

AED 1,171,888 on 27 November 2012, sold by the developer: AED 2,105 per sqft for 557 sqft. It is the only registered sale of the unit.

What is the rent for unit 4011?

AED 115,000 a year on the contract signed on 4 October 2024. The previous contract, from May 2023, was AED 130,000; the unit has been rented since April 2022.

How big is unit 4011?

557 sqft (51.7 sqm): a studio on the 40th floor of a 70-storey tower completed in 2017.

What is unit 4011 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Address The BLVD sold for AED 2,100,000 to 2,100,000 in the last 12 months, around AED 3,771 per sqft.

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Mortgage on 4011, The Address The BLVD

Starts from the last sale price (AED 1.17M, 27 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,171,888
Deposit, UAE resident (20%)
AED 234,378
Deposit, non-resident (40%)
AED 468,755
Monthly over 25 years at 3.7%
AED 4,795

Plus AED 54,230 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →