2-bed · 1,271 sqftThe Address The BLVD, Downtown Dubai · 45th floor · completed 2017

4505, The Address The BLVD

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

Unit 4505 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 3.55M25 April 2022
Current rentAED 350K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4505, The Address The BLVD

What is 4505 worth today?

Last sold for AED 3,550,000 in 2022

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15 Dec 2024RentedRenewal
AED 350,000/yr12 months · AED 276 per sqft
15 Dec 2023RentedNew contract
AED 350,000/yr12 months · AED 276 per sqft
25 Apr 2022SoldReady
AED 3,550,000AED 2,792 per sqft
9 Dec 2021SoldReady
AED 3,325,000AED 2,615 per sqft
3 Dec 2012Sold by developerOff-plan
AED 3,269,888AED 2,571 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 December 2024.

Key facts

Type
2-bed hotel apartment
Size
1,271 sqft
Floor
45th of 70
Parking
B2-30
Developer
Emaar
Completed
2017
Last sold
AED 3.55M · April 2022

About 4505, The Address The BLVD

4505 is a two-bedroom hotel apartment of 1,271 sqft on the 45th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 25 April 2022 for AED 3,550,000, or AED 2,792 per sqft, 8% above the AED 2,595 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 15 December 2024, is AED 350,000 a year: a gross yield of 9.9% on the 2022 price.

Sales and rents for 4505 over time

Sales
Unit 4505, 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, December 2012: AED 3,269,888 (AED 2,571 per sqft)Sold, December 2021: AED 3,325,000 (AED 2,615 per sqft)Sold, April 2022: AED 3,550,000 (AED 2,792 per sqft)

4505 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4505, 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, December 2023: AED 350,000 a yearRenewal, December 2024: AED 350,000 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 4505 sits

All 178 2-beds →

4505 last sold in April 2022 at AED 2,792 per sqft, 8% above what two-beds in The Address The BLVD were fetching at the time (AED 2,595). 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. 4505's AED 350,000 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 45th floor

All 531 units in The Address The BLVD
Value
45013-bedAED 7.8M · Dec 2022
45022-bedAED 5.8M · Jun 2023
45032-bedAED 7.3M · Feb 2025
45042-bedAED 7.1M · Aug 2024
45063-bedAED 5.4M · Sep 2020
45071-bedAED 3.25M · Dec 2024
4508StudioAED 2M · Jun 2023
1–7 of 11

4505, The Address The BLVD in numbers

  • Sold 3 times: first on 3 December 2012 for AED 3,269,888, last on 25 April 2022 for AED 3,550,000 (AED 2,792 per sqft).
  • Rented since December 2023 on 2 Ejari contracts, at AED 350,000 a year.
  • At AED 350,000 a year the gross yield on the 2022 price is 9.9%.
  • 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 15 December 2024.

Questions about 4505, The Address The BLVD

What did unit 4505 last sell for?

AED 3,550,000 on 25 April 2022: AED 2,792 per sqft for 1,271 sqft. The unit has 3 registered sales; the first was AED 3,269,888 in December 2012.

What is the rent for unit 4505?

AED 350,000 a year on the contract renewed on 15 December 2024. The previous contract, from December 2023, was AED 350,000.

How big is unit 4505?

1,271 sqft (118.1 sqm): a two-bedroom hotel apartment on the 45th floor of a 70-storey tower completed in 2017.

What is unit 4505 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 4505, The Address The BLVD

Starts from the last sale price (AED 3.55M, 25 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,550,000
Deposit, UAE resident (20%)
AED 710,000
Deposit, non-resident (40%)
AED 1,420,000
Monthly over 25 years at 3.7%
AED 14,524

Plus AED 154,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →