Two-Bedroom Apartment (1,271 sqft) at Address The BLVD, Downtown Dubai — Below Original Price, DLD Covered

Property Overview

This is a vacant two-bedroom apartment at Address The BLVD, the Emaar Address-branded tower in Downtown Dubai, with Burj Khalifa and Dubai Fountain views. The 1,271 sqft unit is offered at AED 5,500,000, which is AED 350,000 (6.0%) below the seller-stated original purchase price of AED 5,850,000; the agent describes the deal as below OP with the DLD also covered. It is listed as a distress sale below original price.

Property Highlights

• Type: 2-bedroom apartment
• Size: 1,271 sqft
• Asking price: AED 5,500,000
• Original purchase price (seller-stated): AED 5,850,000
• Saving vs. original price: AED 350,000 (6.0%)
• Additional benefit (agent-stated): DLD transfer fee covered
• Rate: AED 4,327 per sqft
• View: Burj Khalifa and Dubai Fountain view (agent-stated)
• Status: vacant (agent-stated)
• Developer: Emaar Properties
• Community: Downtown Dubai

Why the Price Qualifies

The asking price of AED 5,500,000 is AED 350,000 below the seller-stated original purchase price of AED 5,850,000, a reduction of 6.0%. At 1,271 sqft the asking price is AED 4,327 per square foot. The agent labels the deal 'below OP+DLD'; the 6.0% is the verified below-OP discount, and the DLD-covered element is an additional agent-stated benefit that is not separately quantified here (no DLD amount supplied). The benchmark is a seller-stated original purchase price, not a DLD transaction or a dated market comparison, and DPF has not independently verified it.

About the Project, Developer and Community

Address The BLVD is an Address-branded residential tower by Emaar in Downtown Dubai, on Sheikh Mohammed bin Rashid Boulevard near the Burj Khalifa, The Dubai Mall and the Dubai Fountain, with connectivity via Financial Centre Road and Sheikh Zayed Road. The building is completed. Building-level facilities and the specific unit configuration should be confirmed against Emaar's documentation.

Layout and View

The agent describes a vacant 1,271 sqft two-bedroom with Burj Khalifa and Dubai Fountain views. Exact floor level, layout, bathrooms, parking and furnishing should be confirmed on the floor plan and in the Sale and Purchase Agreement.

Verification Notes

• Agent-supplied facts: 2-bedroom type, size (1,271 sqft), asking price (AED 5,500,000), original purchase price (AED 5,850,000), DLD-covered claim, Burj Khalifa & Dubai Fountain view, and vacant status.
• DPF-calculated figures: savings amount (AED 350,000), savings percentage (6.0%, verified against OP), and price per square foot (AED 4,327).
• Deal type: the agent labelled this 'below OP+DLD', which is not a CMS value; mapped to 'OP + DLD Covered'. The verifiable component is the 6.0% below-OP discount; the DLD coverage is agent-stated and unquantified.
• The brief header note 'via M3/JVC list' refers to the lead source, not the location; the property is in Downtown Dubai.
• External project research: Address The BLVD is confirmed as a completed Emaar Address tower in Downtown Dubai; unit-specific facts were not independently verified. The original purchase price is seller-stated and unverified.