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The Address - The BLVD

A 1 bed in The Address - The BLVD costs a median AED 2.96M, rents long-let for AED 195,000/yr (6.6% gross), and returns 4.7% short-term at the assumed 70% occupancy.

Satellite view of The Address - The BLVD, Downtown Dubai, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

1 bed · typical price

2.96MAED

AED 3,288/sqft · -7.9% on a year

Rent a year
AED 195,000
Yield after service charge
5.6%
vs Downtown Dubai
37% above the median
Cost to buy, all inAED 3.15M
Price
AED 2.96M
DLD fee 4%
AED 118,500
Agent 2% + VAT
AED 62,213
Trustee
AED 4,200

Fees repaid by net rent13 months

Against this building’s registered sales of the same type.

Ask about The Address - The BLVD →

Is The Address - The BLVD a good investment?Easy to let and easy to sell; prices are slipping

  1. Does it pay a good rent?6.6% gross, 5.6% after the service charge (Dubai median 6.8%)6.6%Fair
  2. Is it easy to let?100% of units signed a yearly lease in 12 months; the typical Downtown Dubai building manages 27%100%Strength
    Downtown Dubai median 27% · top tenth from 64%The Address - The BLVD · 100%

    Across 28 Downtown Dubai buildings with 40 or more units, the median signed annual leases on 27% of units in 12 months and the top tenth on 64% or more; The Address - The BLVD is at 100%.

  3. Are rents going up?New 1 bed leases: AED 198,500 a year ago, AED 195,000 now-1.8%Fair
  4. Are prices going up?1 bed: AED 3,569/sqft a year ago, 3,288 now-7.9%Watch
  5. How fast do fees pay back?AED 184,913 in fees to buy a 1 bed; net rent covers it in 1.1 years1.1 yrsFair
  6. Can I sell easily?43 sales in 12 months, 2150% of the tower (63 the year before)43Strength
  7. Is a lot being built nearby?3,663 apartments are planned in Downtown Dubai from 2026 to 2028, equal to 38% of the 9,689 homes let there today. A further 348 are past their planned date. Downtown Dubai supply by year →38%Fair
  8. Did earlier buyers gain?Up 54% for buyers 5 years ago; up 67% for launch buyers, before fees+53.5%Context

Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

The Address - The BLVD prices and rents by unit typeA one-bed costs about AED 2.96M and rents for about AED 195,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
StudioAED 2.05M3,680/sqft5.8%-0.2 ptsAED 120,00011 contractsunder 5 sales in a year3
1 bedAED 2.96M3,288/sqftlaunch 2,197 +49.6%6.6%+1.0 ptsAED 195,00019 contracts-7.9%16
2 bedAED 5.75M3,798/sqftlaunch 2,388 +59.0%4.5%-1.0 ptsAED 259,6446 contracts-7.3%14
3 bedAED 10.10M4,624/sqftlaunch 2,434 +90.0%under 5 contractsunder 5 contractsno prior year5
4+ bed2 units · 7,466 sqftAED 18.00M5,936/sqftlaunch 3,167 +87.4%under 5 contractsunder 5 contractsno prior year5
Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · Downtown Dubai · area median AED 2,407/sqft

3 years
+3.1% · +1.0%/yr
5 years
+41.6% · +7.2%/yr
vs area median
+36.6%
Rank by price per sqft
12th of 82

Rental income

1 bed · Downtown Dubai

Median new rent
AED 195,000/yr
Yield vs area median
+1.0 pts
Yield vs Dubai (6.8%)
-0.2 pts
Yield rank
6th of 43
Renewal rent
AED 190,000/yr
New tenants pay vs sitting (6 renewals)
+2.6%

Short-term income

1 bed · 70% occupancy · 7-night stays · within 500 m

Median nightly rate
AED 721
Net revenue
AED 140,548/yr
vs long-let rent
0.7×
Listings seen
14+

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Sale price, AED (right axis) Rent on new leases, AED a year (left axis)

Median price paid, 1 bed, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

Chart data, 1 bed: Nov 2012, AED 1,883,573; latest, Sep 2026, AED 2,252,400; peak, Jun 2025, AED 3,462,500. Rent on new leases: May 2019, AED 180,000 a year; latest, Oct 2026, AED 186,500.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 3,771 · before fees

Launch, 2012–17
2,264
+67%
5 years ago
2,456
+54%
3 years ago
3,225
+17%
Previous 12 months
3,682
+2%
Last 12 months
3,771
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

43 resales in the last 12 months, against 68 a year on average over 2023–2025.

DateTypeSqftPriceAED/sqft
25 Sept 20264+ bed2,840AED 15,700,0005,528
21 Sept 20262 bed1,750AED 5,800,0003,313
18 Sept 20261 bed905AED 2,500,0002,762
8 Sept 20263 bed2,184AED 10,100,0004,624
8 Sept 20262 bed1,794AED 5,500,0003,066
7 Sept 20262 bed876AED 3,100,0003,541
13 Aug 20263 bed2,185AED 8,900,0004,074
6 Aug 20261 bed905AED 2,004,8002,214
23 Jul 20261 bed847AED 2,975,0003,512
22 Jul 2026Studio557AED 1,200,0002,155

43 resales in the last 12 months.

Short-term rates around The Address - The BLVD

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

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
Studio500 m cluster · 4+ listings seen6431.15/sqftAED 129,479AED 120,0001.1×6.3%
1 bed500 m cluster · 14+ listings seen7210.80/sqftAED 140,548AED 195,0000.7×4.7%
2 bed500 m cluster · 12+ listings seen1,0310.68/sqftAED 197,198AED 259,6440.8×3.4%

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly rate through the year

Comparables in Downtown Dubai

Every Downtown Dubai building with a page, ranked by price per sqft over the same 12 months, all unit types. The Address - The BLVD places 14th of 116; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
10Address Residences Sky View 2Completed 2019 · off-plan 2,597/sqftAED 7.83M4,134+9.6%—-6.9%12
11Binghatti Skyblade6% · Q4 2027 · off-plan 3,909/sqftAED 1.97M3,909+3.7%5.7%-0.3%472
12Address Residences Sky ViewCompleted 2019 · off-plan 2,533/sqftAED 6.50M3,826+1.5%—-0.8%32
13Vida Dubai Mall Tower 2Completed 2022 · off-plan 2,161/sqftAED 4.35M3,803+0.9%4.6%+6.4%14
14The Address - The BLVD · this buildingCompleted 2017 · off-plan 2,443/sqftAED 4.85M3,7713.9%+2.4%43
15The 118Completed 2016 · off-plan 3,171/sqftAED 24.74M3,720-1.3%——7
16Solara Tower Dubai11% · Q3 2027 · off-plan 3,324/sqftAED 8.20M3,705-1.7%—+14.5%50
17Vida Dubai Mall Tower 1Completed 2022 · off-plan 2,559/sqftAED 2.80M3,547-5.9%7.1%-8.0%30
18GrandeCompleted 2022 · off-plan 2,494/sqftAED 5.45M3,539-6.1%3.5%+11.5%61

Rank 1 is the dearest per square foot. Differences are against The Address - The BLVD (AED 3,771/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, The Address - The BLVD has registered sale prices 37% above the Downtown Dubai median price per square foot of 2,407 AED, across 82 eligible buildings. It ranks 12th of 82 by price per square foot and 6th of 43 by gross yield in Downtown Dubai.

Market context in Downtown Dubai

Registered sales activity

1,759 ready apartment sales in the 12 months to 2026-10-12.

+0.4% in median AED/sqft versus the preceding year, supported by 1,759 current and 2,575 prior price observations.

Explore sales activity

Planned apartment projects

2,186 known registered units across 5 pending projects planned within one year of the 2026-07-06 register.

1 projects had already passed their planned date; 1 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

3,663 apartments are planned in Downtown Dubai from 2026 to 2028, equal to 38% of the 9,689 homes let there today.

Ready prices per sqft fell in 49% of 109 buildings (counted once per bedroom type) in Downtown Dubai with sales in both years; the typical one moved +0.1%.

New-lease rents fell in 76% of 54 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.7%.

How these are counted
Find service-charge budget evidence for The Address - The BLVD

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

About The Address - The BLVD

The Address - The BLVD is an apartment building completed in 2017 by Emaar Properties in Downtown Dubai. 742 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge
AED 31.44/sqft a year · 2026 budget
Floors
56
Lifts
19
Parking bays
975
Pools
3
Master developer
Emaar Properties

Drive times · typical

Downtown
8 min · 1.8 km
DXB Airport
17 min · 16 km
DIFC
8 min · 5.6 km
Dubai Marina
20 min · 22 km
Palm Jumeirah
26 min · 26 km

Nearest, as registered

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

The Address - The BLVD: AED 3,771 per sq ft, 54% above the median Downtown Dubai building, and a 3.9% gross yield, in the bottom tenth of the area

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. The Address - The BLVDAED 3,771
  2. Downtown Dubai, readyAED 2,665
  3. Downtown Dubai, off-planAED 3,819
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

The Address - The BLVDDowntown Dubai median building

  1. Downtown Dubai3.9% vs 5.2%
Line: the 10th to 90th percentile of 55 buildings in Downtown Dubai. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Downtown Dubai, by handover quarter

More from Emaar Properties

Nearby in Downtown Dubai

Prices per sq ft around The Address - The BLVD, on the map
Pills show median sale price, AED. 94 buildings pinned from Google place records and Apple geocoding · The Address - The BLVD is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 1 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from The Address - The BLVD’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
13,173AED
4.5% over 25 years
Monthly rent
16,250AED
AED 195,000 a year
Cash needed at purchase
810,038AED
20% down plus AED 217,538 in fees

Owning costs AED 718,277 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about The Address - The BLVD

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Common questions

What is the rental yield in The Address - The BLVD?
The Address - The BLVD returns 6.6% gross: a median new-contract rent of AED 195,000 a year (19 Ejari contracts in 12 months) over a price benchmark of AED 2.96M (median of 16 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.
How much does a 1 bedroom in The Address - The BLVD cost?
The median registered sale price is AED 2.96M (3,288 AED/sqft), from 16 Dubai Land Department sales in the last 12 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 12 months have a median of 3,288 AED/sqft, across 16 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in The Address - The BLVD risen or fallen?
Median price per square foot moved -7.9% over the last 12 months against the 12 before it, on 16 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How does The Address - The BLVD compare with Downtown Dubai?
Its 6.6% gross yield sits +1.0 pts against the Downtown Dubai median of 5.5%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

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The Address - The BLVD sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
16 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/sale/apartments/dubai/downtown-dubai/the-address-the-blvd
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “The Address - The BLVD sale prices and yield.” Downtown Dubai, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/downtown-dubai/the-address-the-blvd

Stable dataJSON