1-bed · 838 sqft29 Burj Boulevard Tower 1, Downtown Dubai · 14th floor · completed 2013

1405, 29 Burj Boulevard Tower 1

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 24 October 2023
Last soldAED 1.63M24 October 2023
Current rentAED 94K /yr24 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, 29 Burj Boulevard Tower 1

What is 1405 worth today?

Last sold for AED 1,625,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

24 Oct 2023SoldReady
AED 1,625,000AED 1,938 per sqft
24 Jun 2022RentedNew contract
AED 94,000/yr12 months · AED 112 per sqft
27 Dec 2019RentedRenewal
AED 72,000/yr12 months · AED 86 per sqft
27 Dec 2018RentedNew contract
AED 75,000/yr12 months · AED 89 per sqft
11 Nov 2016RentedNew contract
AED 110,000/yr12 months · AED 131 per sqft
15 Sep 2014RentedNew contract
AED 120,000/yr12 months · AED 143 per sqft
3 Oct 2013SoldReady
AED 837,444AED 999 per sqft
13 Sep 2013RentedNew contract
AED 100,000/yr12 months · AED 119 per sqft

Source: Dubai Land Department. Updated 24 October 2023.

Key facts

Type
1-bed apartment
Size
838 sqft
Floor
14th of 42
Parking
B3-27
Developer
Emaar
Completed
2013
Service charge
AED 16,300 /yr
Last sold
AED 1.63M · October 2023

About 1405, 29 Burj Boulevard Tower 1

1405 is a one-bedroom apartment of 838 sqft on the 14th floor of 29 Burj Boulevard Tower 1, a 42-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 24 October 2023 for AED 1,625,000, or AED 1,938 per sqft, in line with the AED 1,924 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 24 June 2022, is AED 94,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 16,300 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, each saleTypical one-bed in 29 Burj Boulevard Tower 1
1M2M2010201520202025Typical sale price by year: 2010 AED 1,523,888; 2011 AED 785,944; 2012 AED 1,220,000; 2013 AED 1,511,888; 2014 AED 1,642,507; 2015 AED 1,730,000; 2016 AED 1,350,000; 2017 AED 1,700,000; 2018 AED 1,368,550; 2019 AED 1,125,000; 2020 AED 1,000,000; 2021 AED 1,250,000; 2022 AED 1,500,000; 2023 AED 1,627,500; 2024 AED 1,780,000; 2025 AED 2,010,500; 2026 AED 2,000,000Sold by developer, July 2010: AED 837,444 (AED 999 per sqft)Sold, October 2013: AED 837,444 (AED 999 per sqft)Sold, October 2023: AED 1,625,000 (AED 1,938 per sqft)

1405 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1405, each contractTypical one-bed in 29 Burj Boulevard Tower 1
75K100K125K2013201720212025Typical rent by year: 2013 AED 91,900; 2014 AED 110,000; 2015 AED 115,000; 2016 AED 110,000; 2017 AED 105,000; 2018 AED 90,000; 2019 AED 85,000; 2020 AED 70,000; 2021 AED 74,150; 2022 AED 84,000; 2023 AED 100,000; 2024 AED 112,500; 2025 AED 115,000; 2026 AED 108,000New contract, September 2013: AED 100,000 a yearNew contract, September 2014: AED 120,000 a yearNew contract, November 2016: AED 110,000 a yearNew contract, December 2018: AED 75,000 a yearRenewal, December 2019: AED 72,000 a yearNew contract, June 2022: AED 94,000 a year

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

1-beds in 29 Burj Boulevard Tower 1, and where 1405 sits

All 159 1-beds →

1405 last sold in October 2023 at AED 1,938 per sqft, in line with what one-beds in 29 Burj Boulevard Tower 1 were fetching at the time (AED 1,924). Over the last 12 months one-beds sold for AED 1,480,000 to 2,200,000, around AED 2,207 per sqft, and rent for AED 78,000 to 183,750 a year. 1405's AED 94,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Sep 20262,000,000
4 Sep 20262,150,000
23 Jul 202638,023
10 Jul 20262,200,000
15 1-bed sales in the last 12 months

29 Burj Boulevard Tower 1

Building

319 apartments, studios to 3-bed over 42 floors in Downtown Dubai, completed in 2013 by Emaar. 30 sold in the last 12 months.

Typical price per sqft
AED 2,324 Down 4.3%
Typical sale
AED 2.18M
Typical rent
AED 120K /yr
Typical yield
5.7%
29 Burj Boulevard Tower 1, Downtown Dubai: prices, sales and rents →

Other units on the 14th floor

All 319 units in 29 Burj Boulevard Tower 1
Value
14011-bedAED 1.4M · Dec 2021
14021-bedAED 1.35M · Aug 2022
1403StudioAED 531K · Jun 2014
14041-bedAED 1.68M · Nov 2023
14062-bedAED 3.55M · Oct 2013
14072-bedAED 2.7M · Jan 2014
14082-bedAED 2.4M · Jul 2023
1–7 of 8

1405, 29 Burj Boulevard Tower 1 in numbers

  • Sold 3 times: first on 11 July 2010 for AED 837,444, last on 24 October 2023 for AED 1,625,000 (AED 1,938 per sqft).
  • Rented since September 2013 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 72,000 in 2019 and recovered to AED 94,000 by June 2022.
  • At AED 94,000 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 16,300 a year (AED 19.50 per sqft).
  • One-beds in 29 Burj Boulevard Tower 1 sold for AED 1,480,000–2,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,324 per sqft.

Source: Dubai Land Department. Updated 24 October 2023.

Questions about 1405, 29 Burj Boulevard Tower 1

What did unit 1405 last sell for?

AED 1,625,000 on 24 October 2023: AED 1,938 per sqft for 838 sqft. The unit has 3 registered sales; the first was AED 837,444 in July 2010.

What is the rent for unit 1405?

AED 94,000 a year on the contract signed on 24 June 2022. The previous contract, from December 2019, was AED 72,000; the unit has been rented since September 2013.

How big is unit 1405?

838 sqft (77.9 sqm): a one-bedroom apartment on the 14th floor of a 42-storey tower completed in 2013.

What is unit 1405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in 29 Burj Boulevard Tower 1 sold for AED 1,480,000 to 2,200,000 in the last 12 months, around AED 2,207 per sqft.

Selling 1405? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1405, 29 Burj Boulevard Tower 1

Starts from the last sale price (AED 1.63M, 24 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,625,000
Deposit, UAE resident (20%)
AED 325,000
Deposit, non-resident (40%)
AED 650,000
Monthly over 25 years at 3.7%
AED 6,648

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