Studio · 404 sqft29 Burj Boulevard Podium, Downtown Dubai · 5th floor · completed 2013

506, 29 Burj Boulevard Podium

Sold prices and rental history: sold 4 times, last in January 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 13 November 2024
Last soldAED 1.02M28 January 2014
Current rentAED 74K /yr13 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, 29 Burj Boulevard Podium

What is 506 worth today?

Last sold for AED 1,020,000 in 2014

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13 Nov 2024RentedRenewal
AED 74,000/yr12 months · AED 183 per sqft
13 Nov 2023RentedNew contract
AED 68,000/yr12 months · AED 168 per sqft
25 Oct 2022RentedRenewal
AED 46,805/yr12 months · AED 116 per sqft
25 Oct 2021RentedRenewal
AED 40,700/yr12 months · AED 101 per sqft
25 Oct 2020RentedNew contract
AED 37,000/yr12 months · AED 92 per sqft
13 Feb 2017RentedNew contract
AED 78,000/yr12 months · AED 191 per sqft
15 Dec 2015RentedNew contract
AED 76,000/yr12 months · AED 186 per sqft
4 Oct 2014RentedNew contract
AED 65,000/yr12 months · AED 159 per sqft

Source: Dubai Land Department. Updated 13 November 2024.

Key facts

Type
Studio apartment
Size
404 sqft
Floor
5th of 5
Parking
B2-208
Developer
Emaar
Completed
2013
Service charge
AED 7,900 /yr
Last sold
AED 1.02M · January 2014

About 506, 29 Burj Boulevard Podium

506 is a studio of 404 sqft on the 5th floor of 29 Burj Boulevard Podium, a 5-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 28 January 2014 for AED 1,020,000, or AED 2,525 per sqft, 19% above the AED 2,129 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 13 November 2024, is AED 74,000 a year: a gross yield of 7.2% on the 2014 price, before the service charge of about AED 7,900 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical studio in 29 Burj Boulevard Podium
800K1M1.2M20102014201820222026Typical sale price by year: 2010 AED 1,007,888; 2013 AED 980,888; 2014 AED 1,236,888; 2022 AED 830,000; 2025 AED 1,150,000Sold by developer, March 2010: AED 1,070,888 (AED 2,651 per sqft)Sold, March 2013: AED 850,000 (AED 2,104 per sqft)Sold, August 2013: AED 1,020,000 (AED 2,525 per sqft)Sold, January 2014: AED 1,020,000 (AED 2,525 per sqft)

506 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 506, each contractTypical studio in 29 Burj Boulevard Podium
40K60K80K2013201720212025Typical rent by year: 2013 AED 60,000; 2014 AED 65,000; 2015 AED 65,000; 2016 AED 65,000; 2017 AED 65,001; 2018 AED 60,000; 2019 AED 56,143; 2020 AED 43,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 65,000; 2025 AED 77,500; 2026 AED 70,000New contract, October 2014: AED 65,000 a yearNew contract, December 2015: AED 76,000 a yearNew contract, February 2017: AED 78,000 a yearNew contract, October 2020: AED 37,000 a yearRenewal, October 2021: AED 40,700 a yearRenewal, October 2022: AED 46,805 a yearNew contract, November 2023: AED 68,000 a yearRenewal, November 2024: AED 74,000 a year

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

Studios in 29 Burj Boulevard Podium, and where 506 sits

All 27 studios →

506 last sold in January 2014 at AED 2,525 per sqft, 19% above what studios in 29 Burj Boulevard Podium were fetching at the time (AED 2,129). Over the last 12 months studios sold for AED 1,110,000 to 1,275,000, around AED 2,157 per sqft, and rent for AED 60,000 to 95,000 a year. 506's AED 74,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Jul 202619,141
15 Jul 20261,275,000
13 Jan 202663,067
18 Nov 20251,110,000
4 studio 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 5th floor

All 54 units in 29 Burj Boulevard Podium
Value
5011-bedAED 1.5M · Nov 2023
5023-bedAED 3.75M · Jun 2025
503StudioAED 1.13M · Mar 2025
5041-bedAED 1.2M · Jun 2023
5053-bedAED 3.25M · Jul 2023
507StudioAED 1.15M · Mar 2025
508StudioAED 1.17M · Mar 2015
1–7 of 17

506, 29 Burj Boulevard Podium in numbers

  • Sold 4 times: first on 2 March 2010 for AED 1,070,888, last on 28 January 2014 for AED 1,020,000 (AED 2,525 per sqft).
  • Rented since October 2014 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 37,000 in 2020 and recovered to AED 74,000 by November 2024.
  • At AED 74,000 a year the gross yield on the 2014 price is 7.2%, before a service charge of about AED 7,900 a year (AED 19.50 per sqft).
  • Studios in 29 Burj Boulevard Podium sold for AED 1,110,000–1,275,000 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 13 November 2024.

Questions about 506, 29 Burj Boulevard Podium

What did unit 506 last sell for?

AED 1,020,000 on 28 January 2014: AED 2,525 per sqft for 404 sqft. The unit has 4 registered sales; the first was AED 1,070,888 in March 2010.

What is the rent for unit 506?

AED 74,000 a year on the contract renewed on 13 November 2024. The previous contract, from November 2023, was AED 68,000; the unit has been rented since October 2014.

How big is unit 506?

404 sqft (37.5 sqm): a studio on the 5th floor of a 5-storey tower completed in 2013.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in 29 Burj Boulevard Podium sold for AED 1,110,000 to 1,275,000 in the last 12 months, around AED 2,157 per sqft.

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Mortgage on 506, 29 Burj Boulevard Podium

Starts from the last sale price (AED 1.02M, 28 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

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