The Address - The Blvd, Downtown Dubai: business sales and rents
This page is for anyone buying, selling or leasing business property in Downtown Dubai. It shows what business premises in The Address - The Blvd actually sold for and actually let for, from the Dubai Land Department's own register. No asking prices and no listings.
Offices, shops and warehouses, from the same register.
In the twelve months to 22 October 2026, in The Address - The Blvd in Downtown Dubai, 48 business resales were registered, 45 of them at a median of AED 5.1 million, and 114 business tenancies were registered, 108 of them at a median annual rent of AED 202,500. The register names them as 155 hotel units, 6 shops and 1 office. Source: Dubai Land Department registered sales and tenancies, each counted to the same day so the two halves cover the same days, the register read to 22 October 2026.
The Land Department writes this name more than one way in its own records: The Address - The Blvd, The Address - The Blvd. Both are on this page.
What sold in The Address - The Blvd
| Kind of premises | Registered sales |
|---|---|
| Hotel units | 48 |
What a unit here sold for, by size
| Size | Registered | Middle price | A square foot |
|---|---|---|---|
| under 500 sq ft | 1 | no sale to price | no sale to price |
| 500 to 1,000 sq ft | 22 | AED 2.92 million | AED 3,414 |
| 1,000 to 2,500 sq ft | 19 | AED 6.7 million | AED 4,011 |
| 2,500 to 10,000 sq ft | 6 | AED 16m to 24m | no sale to price |
What let in The Address - The Blvd
What a unit here let for, by size
| Size | Registered | Rent for this size, middle or range | A square foot |
|---|---|---|---|
| 500 to 1,000 sq ft | 59 | AED 160,000 | AED 212 |
| 1,000 to 2,500 sq ft | 44 | AED 339,600 | AED 201 |
| 2,500 to 10,000 sq ft | 6 | AED 800k to 1.7m | no letting to price |
2 left out of these figures: the register files one contract's whole rent on each of the premises it covers, so such a row cannot say what one premises lets for. They are counted in the Registered column.
The register states no floor area for 5 of these lettings, so they are counted here and set none of the figures above. On the letting register those are very often a business address registered for a licence rather than a floor of an office, and folding them in pulls the middle a long way below what real premises cost.
How these figures are made
A registration is treated as business property when the Land Department's own record names it as one: an office, a shop, a showroom, a warehouse or workshop, a hotel unit, or a whole tower. Where the register names a unit inside a tower but not what kind, the use it records for that unit decides. Villas and plots are never treated as business property, because the register files many of Dubai's most expensive family homes under a commercial use.
The Land Department writes a use against every registration, and on a villa or a plot that field does not say whether the thing is a business or a home: the most expensive family homes in Dubai are filed under a commercial use. So the 282 villa and plot registrations in this district's register are left out of these figures rather than guessed at, and they are counted as homes.
On the sale register: 1 registration carries a description this desk has not been taught to read. It is counted here and left out of every figure until it is.
On the tenancy register: 136 registrations carry a description this desk has not been taught to read. They are counted here and left out of every figure until they are.
Every figure on this page is a transaction the Dubai Land Department has registered. None of them is an advert, an asking price or an estimate, and where the register holds too few of something to give a middle figure this page prints a range or a count instead of guessing one. Sales and tenancies are both counted over the twelve months to 22 October 2026, by the day each was registered.