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2-bed · 1,750 sqftThe Address The BLVD, Downtown Dubai · 48th floor · completed 2017

4803, The Address The BLVD

Sold prices and rental history: sold 3 times, last in February 2023, and rented once, from November 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4803 · DLD and Ejari recordsUpdated 13 February 2023
Last soldAED 6.6M13 February 2023
Current rentAED 318K /yr8 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4803, The Address The BLVD

What is 4803 worth today?

Last sold for AED 6,600,000 in 2023

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13 Feb 2023SoldReady
AED 6,600,000AED 3,770 per sqft
8 Nov 2021RentedNew contract
AED 318,232/yr12 months · AED 182 per sqft
23 Sep 2013SoldOff-plan
AED 5,700,000AED 3,256 per sqft
27 Aug 2013Sold by developerOff-plan
AED 5,163,888AED 2,950 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 February 2023.

Key facts

Type
2-bed hotel apartment
Size
1,750 sqft
Floor
48th of 70
Parking
B2-281
Developer
Emaar
Completed
2017
Last sold
AED 6.6M · February 2023
Building
The Address The BLVD

About 4803, The Address The BLVD

4803 is a two-bedroom hotel apartment of 1,750 sqft on the 48th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 13 February 2023 for AED 6,600,000, or AED 3,770 per sqft, 24% above the AED 3,052 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 November 2021. The current contract, signed on 8 November 2021, is AED 318,232 a year: a gross yield of 4.8% on the 2023 price.

Sales and rents for 4803 over time

Sales
Unit 4803, 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 2013: AED 5,163,888 (AED 2,950 per sqft)Sold, September 2013: AED 5,700,000 (AED 3,256 per sqft)Sold, February 2023: AED 6,600,000 (AED 3,770 per sqft)

4803 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4803, 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, November 2021: AED 318,232 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 4803 sits

All 178 2-beds →

4803 last sold in February 2023 at AED 3,770 per sqft, 24% above what two-beds in The Address The BLVD were fetching at the time (AED 3,052). 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. 4803's AED 318,232 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 48th floor

All 531 units in The Address The BLVD
Value
44022-bedAED 6.23M · Jan 2025
48013-bedAED 7.1M · Sep 2013
48022-bedAED 4.5M · Sep 2013
4804AED 7M · Jul 2023
48063-bedAED 6.44M · Oct 2018
4807AED 2.45M · Aug 2016
4808StudioAED 1.78M · May 2017
1–7 of 11

4803, The Address The BLVD in numbers

  • Sold 3 times: first on 27 August 2013 for AED 5,163,888, last on 13 February 2023 for AED 6,600,000 (AED 3,770 per sqft).
  • Rented since November 2021 on one Ejari contract, at AED 318,232 a year.
  • At AED 318,232 a year the gross yield on the 2023 price is 4.8%.
  • 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 13 February 2023.

Questions about 4803, The Address The BLVD

What did unit 4803 last sell for?

AED 6,600,000 on 13 February 2023: AED 3,770 per sqft for 1,750 sqft. The unit has 3 registered sales; the first was AED 5,163,888 in August 2013.

What is the rent for unit 4803?

AED 318,232 a year on the contract signed on 8 November 2021.

How big is unit 4803?

1,750 sqft (162.6 sqm): a two-bedroom hotel apartment on the 48th floor of a 70-storey tower completed in 2017.

What is unit 4803 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 4803, The Address The BLVD

Starts from the last sale price (AED 6.6M, 13 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,600,000
Deposit, UAE resident (20%)
AED 1,320,000
Deposit, non-resident (40%)
AED 2,640,000
Monthly over 25 years at 3.7%
AED 27,003

Plus AED 282,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →