4-bed · 3,337 sqftThe Address The BLVD, Downtown Dubai · 53rd floor · completed 2017

5301, The Address The BLVD

Sold prices and rental history: sold 3 times, last in May 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5301 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 15M9 May 2022
Current rentAED 800K /yr25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5301, The Address The BLVD

What is 5301 worth today?

Last sold for AED 15,000,000 in 2022

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25 Oct 2024RentedRenewal
AED 800,000/yr12 months · AED 240 per sqft
25 Oct 2023RentedRenewal
AED 800,000/yr12 months · AED 240 per sqft
25 Oct 2022RentedNew contract
AED 985,000/yr12 months · AED 295 per sqft
9 May 2022SoldReady
AED 15,000,000AED 4,494 per sqft
17 Nov 2020RentedNew contract
AED 400,000/yr12 months · AED 120 per sqft
1 Oct 2013SoldOff-plan
AED 12,252,607AED 3,671 per sqft
8 Sep 2013Sold by developerOff-plan
AED 9,609,888AED 2,879 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
4-bed hotel apartment
Size
3,337 sqft
Floor
53rd of 70
Parking
B1-162 , B1-163
Developer
Emaar
Completed
2017
Last sold
AED 15M · May 2022

About 5301, The Address The BLVD

5301 is a four-bedroom hotel apartment of 3,337 sqft on the 53rd floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 9 May 2022 for AED 15,000,000, or AED 4,494 per sqft.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 25 October 2024, is AED 800,000 a year: a gross yield of 5.3% on the 2022 price.

Sales and rents for 5301 over time

Sales
Unit 5301, each saleTypical four-bed in The Address The BLVD
10M15M20132016201920222025Typical sale price by year: 2013 AED 9,968,888; 2014 AED 9,196,888; 2015 AED 9,639,888; 2017 AED 12,500,000; 2018 AED 9,515,888; 2019 AED 10,000,000; 2022 AED 15,000,000; 2023 AED 13,300,000; 2024 AED 17,500,000Sold by developer, September 2013: AED 9,609,888 (AED 2,879 per sqft)Sold, October 2013: AED 12,252,607 (AED 3,671 per sqft)Sold, May 2022: AED 15,000,000 (AED 4,494 per sqft)

5301 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 5301, each contractTypical four-bed in The Address The BLVD
500K1M202020222024Typical rent by year: 2021 AED 637,500; 2022 AED 1,000,000; 2023 AED 925,000; 2024 AED 835,000New contract, November 2020: AED 400,000 a yearNew contract, October 2022: AED 985,000 a yearRenewal, October 2023: AED 800,000 a yearRenewal, October 2024: AED 800,000 a year

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

4-beds in The Address The BLVD, and where 5301 sits

All 28 4-beds →

Over the last 12 months four-beds sold for AED 18,000,000, around AED 6,337 per sqft, and rent for AED 1,025,000 to 1,025,000 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
15 Dec 202518,000,000
7 Jan 202519,300,000
26 Jun 202419,000,000
10 Jun 202417,000,000
1 4-bed 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 53rd floor

All 531 units in The Address The BLVD
Value
53023-bedAED 7M · Jun 2017
53034-bedAED 10M · Dec 2019
53043-bedAED 8.81M · Apr 2015

5301, The Address The BLVD in numbers

  • Sold 3 times: first on 8 September 2013 for AED 9,609,888, last on 9 May 2022 for AED 15,000,000 (AED 4,494 per sqft).
  • Rented since November 2020 on 4 Ejari contracts, from AED 400,000 to AED 800,000 a year.
  • At AED 800,000 a year the gross yield on the 2022 price is 5.3%.
  • Four-beds in The Address The BLVD sold for AED 18,000,000–18,000,000 in the 12 months to November 2026; the building's median across all types is AED 4,070 per sqft.

Source: Dubai Land Department. Updated 25 October 2024.

Questions about 5301, The Address The BLVD

What did unit 5301 last sell for?

AED 15,000,000 on 9 May 2022: AED 4,494 per sqft for 3,337 sqft. The unit has 3 registered sales; the first was AED 9,609,888 in September 2013.

What is the rent for unit 5301?

AED 800,000 a year on the contract renewed on 25 October 2024. The previous contract, from October 2023, was AED 800,000; the unit has been rented since November 2020.

How big is unit 5301?

3,337 sqft (310.0 sqm): a four-bedroom hotel apartment on the 53rd floor of a 70-storey tower completed in 2017.

What is unit 5301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in The Address The BLVD sold for AED 18,000,000 to 18,000,000 in the last 12 months, around AED 6,337 per sqft.

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Mortgage on 5301, The Address The BLVD

Starts from the last sale price (AED 15M, 9 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 15,000,000
Deposit, UAE resident (20%)
AED 3,000,000
Deposit, non-resident (40%)
AED 6,000,000
Monthly over 25 years at 3.7%
AED 61,370

Plus AED 635,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →