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

5803, The Address The BLVD

Sold prices and rental history: sold once, by the developer in July 2015, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5803 · DLD and Ejari recordsUpdated 19 February 2023
Last soldAED 9.09M22 July 2015
Current rentAED 925K /yr19 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5803, The Address The BLVD

What is 5803 worth today?

Last sold for AED 9,091,888 in 2015

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19 Feb 2023RentedNew contract
AED 925,000/yr12 months · AED 326 per sqft
11 Sep 2021RentedNew contract
AED 480,000/yr12 months · AED 169 per sqft
22 Jul 2015Sold by developerOff-plan
AED 9,091,888AED 3,201 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 February 2023.

Key facts

Type
4-bed hotel apartment
Size
2,840 sqft
Floor
58th of 70
Parking
B2-137, B2-138 , B2-235
Developer
Emaar
Completed
2017
Last sold
AED 9.09M · July 2015
Building
The Address The BLVD

About 5803, The Address The BLVD

5803 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. The developer sold it on 22 July 2015 for AED 9,091,888, or AED 3,201 per sqft, in line with the AED 3,203 four-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 19 February 2023, is AED 925,000 a year: a gross yield of 10.2% on the 2015 price.

Sales and rents for 5803 over time

Sales
Unit 5803, 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 9,091,888 (AED 3,201 per sqft)

5803 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 5803, 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, September 2021: AED 480,000 a yearNew contract, February 2023: AED 925,000 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 5803 sits

All 28 4-beds →

5803 last sold in July 2015 at AED 3,201 per sqft, in line with what four-beds in The Address The BLVD were fetching at the time (AED 3,203). 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
58014-bedAED 17.4M · Aug 2023
58025-bedAED 7.25M · Oct 2022
58043-bedAED 4.35M · Oct 2021

5803, The Address The BLVD in numbers

  • Sold once: by Emaar on 22 July 2015 for AED 9,091,888, or AED 3,201 per sqft.
  • Rented since September 2021 on 2 Ejari contracts, from AED 480,000 to AED 925,000 a year.
  • At AED 925,000 a year the gross yield on the 2015 price is 10.2%.
  • 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 19 February 2023.

Questions about 5803, The Address The BLVD

What did unit 5803 last sell for?

AED 9,091,888 on 22 July 2015, sold by the developer: AED 3,201 per sqft for 2,840 sqft. It is the only registered sale of the unit.

What is the rent for unit 5803?

AED 925,000 a year on the contract signed on 19 February 2023. The previous contract, from September 2021, was AED 480,000.

How big is unit 5803?

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 5803 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 5803, The Address The BLVD

Starts from the last sale price (AED 9.09M, 22 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 9,091,888
Deposit, UAE resident (20%)
AED 1,818,378
Deposit, non-resident (40%)
AED 3,636,755
Monthly over 25 years at 3.7%
AED 37,198

Plus AED 386,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →