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Studio · 557 sqftThe Address The BLVD, Downtown Dubai · 43rd floor · completed 2017

4308, The Address The BLVD

Sold prices and rental history: sold twice, last in May 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4308 · DLD and Ejari recordsUpdated 8 June 2024
Last soldAED 1.2M12 May 2019
Current rentAED 135K /yr8 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4308, The Address The BLVD

What is 4308 worth today?

Last sold for AED 1,200,000 in 2019

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8 Jun 2024RentedRenewal
AED 135,000/yr12 months · AED 246 per sqft
8 Jun 2023RentedNew contract
AED 145,000/yr12 months · AED 264 per sqft
12 May 2019SoldReady
AED 1,200,000AED 2,155 per sqft
20 Nov 2012Sold by developerOff-plan
AED 1,177,888AED 2,115 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 June 2024.

Key facts

Type
Studio hotel apartment
Size
557 sqft
Floor
43rd of 70
Parking
B1-48
Developer
Emaar
Completed
2017
Last sold
AED 1.2M · May 2019
Building
The Address The BLVD

About 4308, The Address The BLVD

4308 is a studio of 557 sqft on the 43rd floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 12 May 2019 for AED 1,200,000, or AED 2,155 per sqft, in line with the AED 2,211 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 8 June 2024, is AED 135,000 a year: a gross yield of 11.3% on the 2019 price.

Sales and rents for 4308 over time

Sales
Unit 4308, 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 1,177,888 (AED 2,115 per sqft)Sold, May 2019: AED 1,200,000 (AED 2,155 per sqft)

4308 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 4308, 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, June 2023: AED 145,000 a yearRenewal, June 2024: AED 135,000 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 4308 sits

All 86 studios →

4308 last sold in May 2019 at AED 2,155 per sqft, in line with what studios in The Address The BLVD were fetching at the time (AED 2,211). 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. 4308's AED 135,000 is in the upper 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 43rd floor

All 531 units in The Address The BLVD
Value
43013-bedAED 5.11M · May 2016
43022-bedAED 5.9M · Nov 2024
43032-bedAED 6.74M · Feb 2014
43042-bedAED 7.3M · Jun 2024
43052-bedAED 5.5M · Oct 2022
43063-bedAED 9.5M · Jan 2017
43071-bedAED 2.95M · May 2024
1–7 of 11

4308, The Address The BLVD in numbers

  • Sold twice: first on 20 November 2012 for AED 1,177,888, last on 12 May 2019 for AED 1,200,000 (AED 2,155 per sqft).
  • Rented since June 2023 on 2 Ejari contracts, from AED 145,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2019 price is 11.3%.
  • 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 8 June 2024.

Questions about 4308, The Address The BLVD

What did unit 4308 last sell for?

AED 1,200,000 on 12 May 2019: AED 2,155 per sqft for 557 sqft. The unit has 2 registered sales; the first was AED 1,177,888 in November 2012.

What is the rent for unit 4308?

AED 135,000 a year on the contract renewed on 8 June 2024. The previous contract, from June 2023, was AED 145,000.

How big is unit 4308?

557 sqft (51.7 sqm): a studio on the 43rd floor of a 70-storey tower completed in 2017.

What is unit 4308 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 4308, The Address The BLVD

Starts from the last sale price (AED 1.2M, 12 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →