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4-bed · 2,840 sqftThe Address The BLVD, Downtown Dubai · 56th floor · completed 2017

5603, The Address The BLVD

Sold prices and rental history: sold 4 times, last in June 2024, and rented once, from September 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5603 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 17M10 June 2024
Current rentAED 700K /yr9 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5603, The Address The BLVD

What is 5603 worth today?

Last sold for AED 17,000,000 in 2024

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10 Jun 2024SoldReady
AED 17,000,000AED 5,985 per sqft
18 Sep 2023SoldReady
AED 11,000,000AED 3,872 per sqft
9 Sep 2021RentedNew contract
AED 700,000/yr12 months · AED 246 per sqft
14 Nov 2018SoldReady
AED 8,500,000AED 2,992 per sqft
5 Jul 2015Sold by developerOff-plan
AED 9,031,888AED 3,179 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
4-bed hotel apartment
Size
2,840 sqft
Floor
56th of 70
Parking
B2-141 , B2-142 , B2-236
Developer
Emaar
Completed
2017
Last sold
AED 17M · June 2024
Building
The Address The BLVD

About 5603, The Address The BLVD

5603 is a four-bedroom hotel apartment of 2,840 sqft on the 56th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 10 June 2024 for AED 17,000,000, or AED 5,985 per sqft, 11% above the AED 5,408 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 September 2021. The current contract, signed on 9 September 2021, is AED 700,000 a year: a gross yield of 4.1% on the 2024 price.

Sales and rents for 5603 over time

Sales
Unit 5603, 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, July 2015: AED 9,031,888 (AED 3,179 per sqft)Sold, November 2018: AED 8,500,000 (AED 2,992 per sqft)Sold, September 2023: AED 11,000,000 (AED 3,872 per sqft)Sold, June 2024: AED 17,000,000 (AED 5,985 per sqft)

5603 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 5603, each contractTypical four-bed in The Address The BLVD
600K800K1M20212022202320242025Typical rent by year: 2021 AED 637,500; 2022 AED 1,000,000; 2023 AED 925,000; 2024 AED 835,000New contract, September 2021: AED 700,000 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 5603 sits

All 28 4-beds →

5603 last sold in June 2024 at AED 5,985 per sqft, 11% above what four-beds in The Address The BLVD were fetching at the time (AED 5,408). 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
2 May 202418,000,000
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 56th floor

All 531 units in The Address The BLVD
Value
56014-bedAED 11.34M · May 2013
5602AED 20M · Nov 2025
56043-bedAED 8.25M · Sep 2022

5603, The Address The BLVD in numbers

  • Sold 4 times: first on 5 July 2015 for AED 9,031,888, last on 10 June 2024 for AED 17,000,000 (AED 5,985 per sqft).
  • Rented since September 2021 on one Ejari contract, at AED 700,000 a year.
  • At AED 700,000 a year the gross yield on the 2024 price is 4.1%.
  • 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 10 June 2024.

Questions about 5603, The Address The BLVD

What did unit 5603 last sell for?

AED 17,000,000 on 10 June 2024: AED 5,985 per sqft for 2,840 sqft. The unit has 4 registered sales; the first was AED 9,031,888 in July 2015.

What is the rent for unit 5603?

AED 700,000 a year on the contract signed on 9 September 2021.

How big is unit 5603?

2,840 sqft (263.8 sqm): a four-bedroom hotel apartment on the 56th floor of a 70-storey tower completed in 2017.

What is unit 5603 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 5603, The Address The BLVD

Starts from the last sale price (AED 17M, 10 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 17,000,000
Deposit, UAE resident (20%)
AED 3,400,000
Deposit, non-resident (40%)
AED 6,800,000
Monthly over 25 years at 3.7%
AED 69,552

Plus AED 719,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →