2-bed · 1,229 sqftThe Address The BLVD, Downtown Dubai · 55th floor · completed 2017

5503, The Address The BLVD

Sold prices and rental history: sold once, by the developer in November 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5503 · DLD and Ejari recordsUpdated 27 November 2018
Last soldAED 10.5M27 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5503, The Address The BLVD

What is 5503 worth today?

Last sold for AED 10,499,888 in 2018

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27 Nov 2018Sold by developerReady
AED 10,499,888AED 8,543 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 November 2018.

Key facts

Type
2-bed hotel apartment
Size
1,229 sqft
Floor
55th of 70
Parking
B2-216 , B2-217
Developer
Emaar
Completed
2017
Last sold
AED 10.5M · November 2018

About 5503, The Address The BLVD

5503 is a two-bedroom hotel apartment of 1,229 sqft on the 55th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. The developer sold it on 27 November 2018 for AED 10,499,888, or AED 8,543 per sqft, 200% above the AED 2,844 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5503 over time

Sales
Unit 5503, each saleTypical two-bed in The Address The BLVD
5M10M2012201620202024Typical 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 2018: AED 10,499,888 (AED 8,543 per sqft)

5503 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5503, 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 275,000

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 5503 sits

All 178 2-beds →

5503 last sold in November 2018 at AED 8,543 per sqft, 200% above what two-beds in The Address The BLVD were fetching at the time (AED 2,844). 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.

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 55th floor

All 531 units in The Address The BLVD
Value
55014-bedAED 19.3M · Jan 2025
55025-bedAED 7.96M · Nov 2018
55043-bedAED 7.5M · Jan 2023

5503, The Address The BLVD in numbers

  • Sold once: by Emaar on 27 November 2018 for AED 10,499,888, or AED 8,543 per sqft.
  • 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 27 November 2018.

Questions about 5503, The Address The BLVD

What did unit 5503 last sell for?

AED 10,499,888 on 27 November 2018, sold by the developer: AED 8,543 per sqft for 1,229 sqft. It is the only registered sale of the unit.

How big is unit 5503?

1,229 sqft (114.2 sqm): a two-bedroom hotel apartment on the 55th floor of a 70-storey tower completed in 2017.

What is unit 5503 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 5503, The Address The BLVD

Starts from the last sale price (AED 10.5M, 27 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 10,499,888
Deposit, UAE resident (20%)
AED 2,099,978
Deposit, non-resident (40%)
AED 4,199,955
Monthly over 25 years at 3.7%
AED 42,958

Plus AED 446,006 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →