2-bed · 1,820 sqft29 Burj Boulevard Podium, Downtown Dubai · 3rd floor · completed 2013

316, 29 Burj Boulevard Podium

Sold prices and rental history: sold once, by the developer in April 2015, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 1 July 2017
Last soldAED 2.85M29 April 2015
Current rentAED 170K /yr1 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, 29 Burj Boulevard Podium

What is 316 worth today?

Last sold for AED 2,847,888 in 2015

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1 Jul 2017RentedNew contract
AED 170,000/yr12 months · AED 93 per sqft
22 Aug 2015RentedNew contract
AED 180,000/yr12 months · AED 99 per sqft
29 Apr 2015Sold by developerReady
AED 2,847,888AED 1,564 per sqft

Source: Dubai Land Department. Updated 1 July 2017.

Key facts

Type
2-bed apartment
Size
1,820 sqft
Floor
3rd of 5
Parking
L2-36
Developer
Emaar
Completed
2013
Service charge
AED 35,500 /yr
Last sold
AED 2.85M · April 2015

About 316, 29 Burj Boulevard Podium

316 is a two-bedroom apartment of 1,820 sqft on the 3rd floor of 29 Burj Boulevard Podium, a 5-storey tower in Downtown Dubai completed in 2013 by Emaar. The developer sold it on 29 April 2015 for AED 2,847,888, or AED 1,564 per sqft, 30% below the AED 2,220 two-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 1 July 2017, is AED 170,000 a year: a gross yield of 6.0% on the 2015 price, before the service charge of about AED 35,500 a year.

Sales and rents for 316 over time

Sales
Unit 316, each saleTypical two-bed in 29 Burj Boulevard Podium
2M2.5M3M20102014201820222026Typical sale price by year: 2010 AED 2,394,888; 2013 AED 2,156,191; 2014 AED 3,050,000; 2023 AED 2,225,000; 2024 AED 2,500,000; 2025 AED 3,080,000Sold by developer, April 2015: AED 2,847,888 (AED 1,564 per sqft)

316 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 316, each contractTypical two-bed in 29 Burj Boulevard Podium
100K150K2014201820222026Typical rent by year: 2014 AED 160,000; 2015 AED 165,000; 2016 AED 162,500; 2017 AED 147,500; 2018 AED 119,000; 2019 AED 109,000; 2020 AED 86,500; 2021 AED 95,000; 2022 AED 110,000; 2023 AED 121,000; 2024 AED 141,500; 2025 AED 150,000; 2026 AED 140,804New contract, August 2015: AED 180,000 a yearNew contract, July 2017: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in 29 Burj Boulevard Podium, and where 316 sits

All 16 2-beds →

316 last sold in April 2015 at AED 1,564 per sqft, 30% below what two-beds in 29 Burj Boulevard Podium were fetching at the time (AED 2,220). Over the last 12 months two-beds sold for AED 2,640,000 to 2,920,000, around AED 1,862 per sqft, and rent for AED 135,000 to 220,000 a year. 316's AED 170,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Aug 20262,640,000
19 Dec 20252,920,000
14 Apr 20253,360,000
11 Mar 20252,513,888
2 2-bed sales in the last 12 months

29 Burj Boulevard Podium

Building

54 apartments, studios to 3-bed over 5 floors in Downtown Dubai, completed in 2013 by Emaar. 8 sold in the last 12 months.

Typical price per sqft
AED 2,012
Typical sale
AED 2.78M
Typical rent
AED 103K /yr
Typical yield
6.7%
29 Burj Boulevard Podium, Downtown Dubai: prices, sales and rents →

Other units on the 3rd floor

All 54 units in 29 Burj Boulevard Podium
Value
3011-bedAED 1.38M · Nov 2022
302StudioAED 1.23M · Aug 2014
303StudioAED 850K · Nov 2018
304StudioAED 1.24M · Feb 2014
305StudioAED 865K · Feb 2019
3062-bedAED 2.92M · Dec 2025
307StudioAED 1.2M · Feb 2016
1–7 of 17

316, 29 Burj Boulevard Podium in numbers

  • Sold once: by Emaar on 29 April 2015 for AED 2,847,888, or AED 1,564 per sqft.
  • Rented since August 2015 on 2 Ejari contracts, from AED 180,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2015 price is 6.0%, before a service charge of about AED 35,500 a year (AED 19.50 per sqft).
  • Two-beds in 29 Burj Boulevard Podium sold for AED 2,640,000–2,920,000 in the 12 months to November 2026; the building's median across all types is AED 2,012 per sqft.

Source: Dubai Land Department. Updated 1 July 2017.

Questions about 316, 29 Burj Boulevard Podium

What did unit 316 last sell for?

AED 2,847,888 on 29 April 2015, sold by the developer: AED 1,564 per sqft for 1,820 sqft. It is the only registered sale of the unit.

What is the rent for unit 316?

AED 170,000 a year on the contract signed on 1 July 2017. The previous contract, from August 2015, was AED 180,000.

How big is unit 316?

1,820 sqft (169.1 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2013.

What is unit 316 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in 29 Burj Boulevard Podium sold for AED 2,640,000 to 2,920,000 in the last 12 months, around AED 1,862 per sqft.

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Mortgage on 316, 29 Burj Boulevard Podium

Starts from the last sale price (AED 2.85M, 29 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,847,888
Deposit, UAE resident (20%)
AED 569,578
Deposit, non-resident (40%)
AED 1,139,155
Monthly over 25 years at 3.7%
AED 11,652

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →