1503, 29 Burj Boulevard Tower 1
Sold prices and rental history: sold 5 times, last in February 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, 29 Burj Boulevard Tower 1
What is 1503 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 469 sqft
- Floor
- 15th of 42
- Parking
- B3-216
- Developer
- Emaar
- Completed
- 2013
- Service charge
- AED 9,100 /yr
- Last sold
- AED 1.05M · February 2016
- Building
- 29 Burj Boulevard Tower 1
About 1503, 29 Burj Boulevard Tower 1
1503 is a studio of 469 sqft on the 15th floor of 29 Burj Boulevard Tower 1, a 42-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 24 February 2016 for AED 1,050,000, or AED 2,237 per sqft, 5% below the AED 2,344 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 1 November 2024, is AED 75,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 9,100 a year.
Sales and rents for 1503 over time
1503 has sold 5 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in 29 Burj Boulevard Tower 1, and where 1503 sits
All 27 studios →1503 last sold in February 2016 at AED 2,237 per sqft, 5% below what studios in 29 Burj Boulevard Tower 1 were fetching at the time (AED 2,344). Over the last 12 months studios sold for AED 2,553 to 165,995, around AED 179 per sqft, and rent for AED 55,000 to 90,000 a year. 1503's AED 75,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jul 202630 July 2026 | 469 sqft | 2,553 | 5 | ||
| 29 Dec 202529 December 2025 | 469 sqft | 165,995 | 353 | ||
| 21 Jul 202521 July 2025 | 469 sqft | 1,115,000 | 2,376 | ||
| 25 Jun 202525 June 2025 | 469 sqft | 8,411 | 17 |
29 Burj Boulevard Tower 1
Building319 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%
Other units on the 15th floor
All 319 units in 29 Burj Boulevard Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 836 sqft | AED 1.25MAED 1,250,000 · Nov 2021November 2021 | 119,644 /yr | |
| 1502 | 1-bed | 794 sqft | AED 1.73MAED 1,730,000 · Sep 2015September 2015 | 118,000 /yr | |
| 1504 | 1-bed | 799 sqft | AED 1.75MAED 1,750,000 · Jan 2014January 2014 | 100,000 /yr | |
| 1505 | 1-bed | 838 sqft | AED 1.48MAED 1,477,888 · Oct 2013October 2013 | 110,000 /yr | |
| 1506 | 2-bed | 1,401 sqft | AED 1.07MAED 1,071,944 · Mar 2014March 2014 | 170,000 /yr | |
| 1507 | 2-bed | 1,231 sqft | AED 2.85MAED 2,850,000 · Jul 2026July 2026 | 165,000 /yr | |
| 1508 | 2-bed | 1,174 sqft | AED 3MAED 3,000,000 · Oct 2013October 2013 | 180,000 /yr | |
| 1509 | 2-bed | 1,155 sqft | AED 2.19MAED 2,185,888 · Dec 2014December 2014 | 183,750 /yr |
1503, 29 Burj Boulevard Tower 1 in numbers
- Sold 5 times: first on 29 June 2010 for AED 1,569,888, last on 24 February 2016 for AED 1,050,000 (AED 2,237 per sqft).
- Rented since May 2016 on 4 Ejari contracts. The rent fell from AED 81,000 to AED 60,700 in 2019 and recovered to AED 75,000 by November 2024.
- At AED 75,000 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 9,100 a year (AED 19.50 per sqft).
- Studios in 29 Burj Boulevard Tower 1 sold for AED 2,553–165,995 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 1 November 2024.
Questions about 1503, 29 Burj Boulevard Tower 1
What did unit 1503 last sell for?
AED 1,050,000 on 24 February 2016: AED 2,237 per sqft for 469 sqft. The unit has 5 registered sales; the first was AED 1,569,888 in June 2010.
What is the rent for unit 1503?
AED 75,000 a year on the contract signed on 1 November 2024. The previous contract, from August 2019, was AED 60,700; the unit has been rented since May 2016.
How big is unit 1503?
469 sqft (43.6 sqm): a studio on the 15th floor of a 42-storey tower completed in 2013.
What is unit 1503 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 Tower 1 sold for AED 2,553 to 165,995 in the last 12 months, around AED 179 per sqft.
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Mortgage on 1503, 29 Burj Boulevard Tower 1
Starts from the last sale price (AED 1.05M, 24 February 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →