- Market News
- Markets
- Projects
- Downtown Dubai
- The Address The BLVD
Market bulletin · Thu, 22 Oct 2026
The Address The BLVD: 3 sales worth AED 44.8M in 30 days
The Address The BLVD recorded 3 sales worth AED 44.8M in the 30 days to Thu, 22 Oct 2026, flat on the previous 30 days. Over the last week 2 sales were registered (AED 29.1M), against 0 the week before.
The median sale over the last three months was AED 4.10M, or AED 3,541/sqft.
By market over 12 months: secondary (ready) sales 100%.
In Downtown Dubai, The Address The BLVD ranked #5 of 11 leading projects by 12-month sales value; it is developed by Emaar Properties.
Leases registered in the last three months had a median annual rent of AED 183K. The best gross yield is on 1 BR apartments at about 6.4%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | AED 3,774 |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | AED 4,056 |
| Oct 25 | — |
| Sept 25 | AED 2,662 |
| Aug 25 | AED 3,876 |
| Jul 25 | AED 3,656 |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | AED 3,341 |
| Mar 25 | AED 3,661 |
| Feb 25 | — |
| Jan 25 | AED 3,999 |
| Dec 24 | AED 3,278 |
| Nov 24 | AED 3,548 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 2 |
| Sept 26 | 0 | 0 | 4 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 3 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 2 |
| Apr 26 | 0 | 0 | 2 |
| Mar 26 | 0 | 0 | 2 |
| Feb 26 | 0 | 0 | 6 |
| Jan 26 | 0 | 0 | 4 |
| Dec 25 | 0 | 0 | 4 |
| Nov 25 | 0 | 0 | 7 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 3 | unchanged 0.0% | AED 44.8M | — | — |
| Last 3 months | 8 | up 100.0% | AED 58.3M | 3,541 | — |
| Last 6 months | 12 | down 53.8% | AED 69.8M | 3,541 | down 7.7% |
| Last 12 months | 38 | down 56.8% | AED 256M | 3,771 | up 7.7% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 38 | 100% | AED 4.72M | 3,771 | up 7.7% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 3 | 8% | — | — | — |
| 1 bedroom | 14 | 37% | AED 2.90M | 3,260 | down 1.7% |
| 2 bedrooms | 12 | 32% | AED 5.53M | 3,838 | up 4.6% |
| 3 bedrooms | 3 | 8% | — | — | — |
| 4 bedrooms | 4 | 11% | — | — | — |
| 5+ bedrooms | 2 | 5% | — | — | — |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Apartments | 6 | 16% | AED 5.45M | 3,776 | — |
| Hotel apartments | 32 | 84% | AED 4.03M | 3,771 | up 7.7% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 3 | 8% | — | — | — |
| AED 2M–10M | 27 | 71% | AED 3.40M | 3,680 | up 1.6% |
| AED 10M–50M | 8 | 21% | AED 17.0M | 5,732 | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 220K |
| Sept 26 | AED 168K |
| Aug 26 | AED 190K |
| Jul 26 | AED 185K |
| Jun 26 | — |
| May 26 | AED 200K |
| Apr 26 | AED 200K |
| Mar 26 | AED 200K |
| Feb 26 | AED 246K |
| Jan 26 | AED 195K |
| Dec 25 | — |
| Nov 25 | AED 162K |
| Oct 25 | — |
| Sept 25 | AED 137K |
| Aug 25 | AED 320K |
| Jul 25 | AED 190K |
| Jun 25 | AED 190K |
| May 25 | AED 197K |
| Apr 25 | AED 192K |
| Mar 25 | AED 195K |
| Feb 25 | AED 266K |
| Jan 25 | AED 200K |
| Dec 24 | AED 200K |
| Nov 24 | AED 213K |
- Leases (12M)
- 215
- New leases
- 68.8%
- Median rent 3M
- AED 183K
- Rent/sqft 3M
- AED 199
| 1 BR apartments | AED 185K / AED 2.90M | 6.4% |
|---|---|---|
| 2 BR apartments | AED 310K / AED 5.53M | 5.6% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 46 | AED 118K | AED 118K | 211 |
| 1 BR | 49 | AED 185K | AED 183K | 220 |
| 2 BR | 41 | AED 310K | AED 320K | 190 |
| 3 BR | 13 | AED 500K | AED 500K | 229 |
Competing projects in Downtown Dubai
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti SkybladeBinghatti | 382 | 3,909 | — |
| Fairmont Residences Solara TowerSOL Properties | 41 | 3,740 | — |
| Burj KhalifaEmaar Properties | 78 | 2,739 | down 2.5% |
| Baccarat Hotel Downtown Dubai T2H&H Investment and Development | 15 | 5,156 | — |
| The Address Downtown HotelEmaar Properties | 50 | 3,410 | — |
| Imperial AvenueSp International Property Developers | 52 | 2,422 | — |
| St. Regis Residences Tower 1Emaar Properties | 48 | 3,307 | — |
| Grande Signature ResidencesEmaar Properties | 44 | 3,094 | — |
| The Address Residences Dubai Opera T2Emaar Properties | 30 | 3,044 | — |
| IL PrimoEmaar Properties | 7 | 5,660 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 24.0M | 4 BR Apartment · 2,840 sqftThe Address The BLVD · Downtown Dubai | 16 Oct |
| AED 15.7M | 4 BR Apartment · 2,840 sqftThe Address The BLVD · Downtown Dubai | 25 Sept |
| AED 5.80M | 2 BR Apartment · 1,750 sqftThe Address The BLVD · Downtown Dubai | 21 Sept |
| AED 5.10M | 2 BR Apartment · 1,271 sqftThe Address The BLVD · Downtown Dubai | 16 Oct |
| AED 3.10M | 2 BR Apartment · 876 sqftThe Address The BLVD · Downtown Dubai | 7 Sept |
| AED 2.50M | 1 BR Apartment · 905 sqftThe Address The BLVD · Downtown Dubai | 17 Sept |
Questions about The Address The BLVD
What is the average price per sqft in The Address The BLVD?
The median sale price in The Address The BLVD over the last three months was AED 3,541 per sqft (median sale AED 4.10M), based on 8 sales registered with Dubai Land Department.
How many properties were sold in The Address The BLVD in the last year?
38 sales worth AED 256M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in The Address The BLVD?
The median annual rent on leases registered in the last three months was AED 183K, and the best gross rental yield is about 6.4%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
BT AI Market Desk
Get every brief in your inbox
Create a free BT AI account to receive the daily, weekly and monthly reports by email, and search every Dubai Land Department sale and rental behind them.