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4-bed · 2,840 sqftThe Address The BLVD, Downtown Dubai · 58th floor · completed 2017

5801, The Address The BLVD

Sold prices and rental history: sold twice, last in August 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5801 · DLD and Ejari recordsUpdated 29 August 2023
Last soldAED 17.4M29 August 2023
Current rentAED 1M /yr23 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5801, The Address The BLVD

What is 5801 worth today?

Last sold for AED 17,400,000 in 2023

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29 Aug 2023SoldReady
AED 17,400,000AED 6,126 per sqft
23 Feb 2022RentedNew contract
AED 1,000,000/yr12 months · AED 352 per sqft
19 Feb 2021RentedNew contract
AED 550,000/yr12 months · AED 194 per sqft
14 Dec 2015Sold by developerOff-plan
AED 8,779,888AED 3,091 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 August 2023.

Key facts

Type
4-bed hotel apartment
Size
2,840 sqft
Floor
58th of 70
Parking
B1-203 , B1-204
Developer
Emaar
Completed
2017
Last sold
AED 17.4M · August 2023
Building
The Address The BLVD

About 5801, The Address The BLVD

5801 is a four-bedroom hotel apartment of 2,840 sqft on the 58th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 29 August 2023 for AED 17,400,000, or AED 6,126 per sqft.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 23 February 2022, is AED 1,000,000 a year: a gross yield of 5.8% on the 2023 price.

Sales and rents for 5801 over time

Sales
Unit 5801, 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, December 2015: AED 8,779,888 (AED 3,091 per sqft)Sold, August 2023: AED 17,400,000 (AED 6,126 per sqft)

5801 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 5801, each contractTypical four-bed in The Address The BLVD
500K750K1M20212022202320242025Typical rent by year: 2021 AED 637,500; 2022 AED 1,000,000; 2023 AED 925,000; 2024 AED 835,000New contract, February 2021: AED 550,000 a yearNew contract, February 2022: AED 1,000,000 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 5801 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 58th floor

All 531 units in The Address The BLVD
Value
58025-bedAED 7.25M · Oct 2022
58034-bedAED 9.09M · Jul 2015
58043-bedAED 4.35M · Oct 2021

5801, The Address The BLVD in numbers

  • Sold twice: first on 14 December 2015 for AED 8,779,888, last on 29 August 2023 for AED 17,400,000 (AED 6,126 per sqft).
  • Rented since February 2021 on 2 Ejari contracts, from AED 550,000 to AED 1,000,000 a year.
  • At AED 1,000,000 a year the gross yield on the 2023 price is 5.8%.
  • 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: YallaValue analysis of Dubai Land Department records. Updated 29 August 2023.

Questions about 5801, The Address The BLVD

What did unit 5801 last sell for?

AED 17,400,000 on 29 August 2023: AED 6,126 per sqft for 2,840 sqft. The unit has 2 registered sales; the first was AED 8,779,888 in December 2015.

What is the rent for unit 5801?

AED 1,000,000 a year on the contract signed on 23 February 2022. The previous contract, from February 2021, was AED 550,000.

How big is unit 5801?

2,840 sqft (263.8 sqm): a four-bedroom hotel apartment on the 58th floor of a 70-storey tower completed in 2017.

What is unit 5801 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 5801, The Address The BLVD

Starts from the last sale price (AED 17.4M, 29 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 17,400,000
Deposit, UAE resident (20%)
AED 3,480,000
Deposit, non-resident (40%)
AED 6,960,000
Monthly over 25 years at 3.7%
AED 71,189

Plus AED 735,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →