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2-bed · 1,449 sqftThe Address The BLVD, Downtown Dubai · 43rd floor · completed 2017

4309, The Address The BLVD

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

Unit 4309 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 4.5M16 March 2023
Current rentAED 398K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4309, The Address The BLVD

What is 4309 worth today?

Last sold for AED 4,500,000 in 2023

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1 May 2024RentedNew contract
AED 397,790/yr6 months · AED 274 per sqft
30 Mar 2023RentedNew contract
AED 480,000/yr12 months · AED 333 per sqft
16 Mar 2023SoldReady
AED 4,500,000AED 3,105 per sqft
15 Nov 2022RentedNew contract
AED 400,000/yr12 months · AED 275 per sqft
12 Aug 2015SoldOff-plan
AED 4,074,337AED 2,811 per sqft
26 Nov 2012Sold by developerOff-plan
AED 2,809,888AED 1,938 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.

Key facts

Type
2-bed hotel apartment
Size
1,449 sqft
Floor
43rd of 70
Parking
B2-183
Developer
Emaar
Completed
2017
Last sold
AED 4.5M · March 2023
Building
The Address The BLVD

About 4309, The Address The BLVD

4309 is a two-bedroom hotel apartment of 1,449 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 16 March 2023 for AED 4,500,000, or AED 3,105 per sqft, in line with the AED 3,067 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 May 2024, is AED 397,790 a year: a gross yield of 8.8% on the 2023 price.

Sales and rents for 4309 over time

Sales
Unit 4309, 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 2,809,888 (AED 1,938 per sqft)Sold, August 2015: AED 4,074,337 (AED 2,811 per sqft)Sold, March 2023: AED 4,500,000 (AED 3,105 per sqft)

4309 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4309, each contractTypical two-bed in The Address The BLVD
200K400K2020202220242026Typical 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, November 2022: AED 400,000 a yearNew contract, March 2023: AED 480,000 a yearNew contract, May 2024: AED 397,790 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 4309 sits

All 178 2-beds →

4309 last sold in March 2023 at AED 3,105 per sqft, in line with what two-beds in The Address The BLVD were fetching at the time (AED 3,067). 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. 4309's AED 397,790 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 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

4309, The Address The BLVD in numbers

  • Sold 3 times: first on 26 November 2012 for AED 2,809,888, last on 16 March 2023 for AED 4,500,000 (AED 3,105 per sqft).
  • Rented since November 2022 on 3 Ejari contracts, from AED 400,000 to AED 397,790 a year.
  • At AED 397,790 a year the gross yield on the 2023 price is 8.8%.
  • 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 1 May 2024.

Questions about 4309, The Address The BLVD

What did unit 4309 last sell for?

AED 4,500,000 on 16 March 2023: AED 3,105 per sqft for 1,449 sqft. The unit has 3 registered sales; the first was AED 2,809,888 in November 2012.

What is the rent for unit 4309?

AED 397,790 a year on the contract signed on 1 May 2024. The previous contract, from March 2023, was AED 480,000; the unit has been rented since November 2022.

How big is unit 4309?

1,449 sqft (134.6 sqm): a two-bedroom hotel apartment on the 43rd floor of a 70-storey tower completed in 2017.

What is unit 4309 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 4309, The Address The BLVD

Starts from the last sale price (AED 4.5M, 16 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

Plus AED 194,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →