What is the rental yield in The Address - The BLVD?

The Address - The BLVD returns 6.90% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 46 rental contracts registered in the last 24 months.

How much does a 1 bedroom in The Address - The BLVD cost?

The median registered sale price is AED 3.00M (3,503 AED/sqft), from 42 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in The Address - The BLVD selling for right now?

Registered sales of ready units in The Address - The BLVD over the last 3 months have a median of 3,358 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in The Address - The BLVD risen or fallen?

Median price per square foot moved -5.9% over the last 12 months against the 12 before it, on 42 registered sales. On a sample this size, read the direction rather than the exact figure.

How does The Address - The BLVD compare with Downtown Dubai?

Its 6.90% gross yield sits +0.8 pts against the Downtown Dubai median of 6.14%, computed at the same bedroom grain over the same 24-month window.

The Address - The BLVD — sale prices & yield

Buy: 3.00MAED; AED 3,358/sqft
Long-let: 6.90%; AED 200,000/yr
Short-let: 5.45%; AED 721/night · 0.84/sqft

Price per sqft: Median of 5 registered sales of ready units in the last 3 months, most recent August 2026.

Priced off 5 sales in the last 3 months.

Yield spread: +0.8 pts; vs the Downtown Dubai median for this unit type
Turnover upside: +5.3%; new tenants pay more than sitting ones — 21 renewals
AED/yr/sqft: AED 221
Sales: 42
Rental contracts: 46
Renewal rent: AED 190,000/yr

12 months: -5.9%
3 years: +4.0%+1.3%/yr
5 years: +42.9%+7.4%/yr

Based on 42 sales and 46 rental contracts in the last 24 months.

The Address - The BLVD is an apartment building in Downtown Dubai, Dubai, one of the towers in the The Address - the Blvd development. The closest metro station is Burj Khalifa / Dubai Mall Metro Station, the nearest mall Dubai Mall and the nearest landmark Burj Khalifa. Land Department records for it run from 2015 to 2026, 1,488 registered sales in all — the 42 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in The Address - The BLVD, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
Studio	AED 2.00M	3557	6.34% -0.4 pts	+3.5%	15
1 bed	AED 3.00M	3503	6.90% +0.8 pts	-5.9%	42
2 bed	AED 6.23M	3851	6.04% +0.2 pts	-6.6%	37
3 bed	AED 9.28M	4246	5.66% +0.2 pts	+5.4%	8
4+ bed	AED 18.77M	5860	—	+9.6%	6

Deltas compare each yield with the Downtown Dubai median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around The Address - The BLVD

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
Studio500m	643	1.14	AED 149,223	AED 130,000	1.1×	7.46%	4+
1 bed500m	721	0.84	AED 163,534	AED 200,000	0.8×	5.45%	14+
2 bed500m	1,031	0.64	AED 227,242	AED 320,000	0.7×	3.65%	12+

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because The Address - The BLVD itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in The Address - The BLVD between 2012 and 2017 went for a median of AED 2,443/sqft (AED 3.00M). The same building resells today at AED 3,684/sqft (AED 3.55M) — an uplift of +18.3%.

Based on 875 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

43 resales in the last 12 months, against 69 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
13 Aug 2026	3 bed	2,185	AED 8,900,000	4,074
6 Aug 2026	1 bed	905	AED 2,004,800	2,214
30 Jul 2026	1 bed	905	AED 90,179	—
23 Jul 2026	1 bed	847	AED 2,975,000	3,512
22 Jul 2026	Studio	557	AED 1,200,000	2,155
8 Jul 2026	1 bed	905	AED 2,900,000	3,204
4 Jun 2026	1 bed	814	AED 3,000,000	3,684
3 Jun 2026	2 bed	1,750	AED 6,600,000	3,771

8 resales in the last 3 months.

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
31 Aug 2026	Studio	562	AED 120,000	213	New
25 Aug 2026	1 bed	882	AED 200,000	227	New
17 Aug 2026	3 bed	2,184	AED 600,000	275	New
15 Aug 2026	1 bed	905	AED 190,000	210	New
7 Jul 2026	1 bed	882	AED 180,000	204	New
2 Jul 2026	Studio	557	AED 135,000	242	Renewal
17 Jun 2026	2 bed	1,271	AED 260,000	204	New
12 Jun 2026	Studio	557	AED 90,000	162	New
11 Jun 2026	3 bed	2,184	AED 500,000	229	Renewal
10 Jun 2026	1 bed	905	AED 160,000	177	New

10 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors: 56
Lifts: 19
Parking bays: 975
Swimming pools: 3

Nearby

Metro: Burj Khalifa / Dubai Mall Metro Station
Mall: Dubai Mall
Landmark: Burj Khalifa

Compare with nearby buildings

The most-traded buildings in Downtown Dubai, on the same figures over the same window.

Highest rental yields in Downtown Dubai · The Address - The BLVD places 14th of 55

Common questions

What is the rental yield in The Address - The BLVD?: The Address - The BLVD returns 6.90% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 46 rental contracts registered in the last 24 months.
How much does a 1 bedroom in The Address - The BLVD cost?: The median registered sale price is AED 3.00M (3,503 AED/sqft), from 42 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in The Address - The BLVD selling for right now?: Registered sales of ready units in The Address - The BLVD over the last 3 months have a median of 3,358 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in The Address - The BLVD risen or fallen?: Median price per square foot moved -5.9% over the last 12 months against the 12 before it, on 42 registered sales. On a sample this size, read the direction rather than the exact figure.
How does The Address - The BLVD compare with Downtown Dubai?: Its 6.90% gross yield sits +0.8 pts against the Downtown Dubai median of 6.14%, computed at the same bedroom grain over the same 24-month window.

The Address - The BLVD