1-bed · 838 sqft29 Burj Boulevard Tower 1, Downtown Dubai · 15th floor · completed 2013

1505, 29 Burj Boulevard Tower 1

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

Unit 1505 · DLD and Ejari recordsUpdated 23 April 2024
Last soldAED 1.48M3 October 2013
Current rentAED 110K /yr23 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, 29 Burj Boulevard Tower 1

What is 1505 worth today?

Last sold for AED 1,477,888 in 2013

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23 Apr 2024RentedNew contract
AED 110,000/yr12 months · AED 131 per sqft
15 Mar 2023RentedNew contract
AED 110,000/yr12 months · AED 131 per sqft
22 Nov 2018RentedNew contract
AED 100,000/yr12 months · AED 119 per sqft
18 Oct 2017RentedNew contract
AED 100,000/yr12 months · AED 119 per sqft
30 Aug 2016RentedRenewal
AED 117,500/yr12 months · AED 140 per sqft
30 Aug 2015RentedNew contract
AED 117,500/yr12 months · AED 140 per sqft
21 Aug 2014RentedNew contract
AED 110,000/yr12 months · AED 131 per sqft
3 Oct 2013SoldReady
AED 1,477,888AED 1,763 per sqft

Source: Dubai Land Department. Updated 23 April 2024.

Key facts

Type
1-bed apartment
Size
838 sqft
Floor
15th of 42
Parking
B3-29
Developer
Emaar
Completed
2013
Service charge
AED 16,300 /yr
Last sold
AED 1.48M · October 2013

About 1505, 29 Burj Boulevard Tower 1

1505 is a one-bedroom apartment of 838 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 3 October 2013 for AED 1,477,888, or AED 1,763 per sqft, in line with the AED 1,774 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 23 April 2024, is AED 110,000 a year: a gross yield of 7.4% on the 2013 price, before the service charge of about AED 16,300 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, 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, June 2010: AED 1,477,888 (AED 1,763 per sqft)Sold, October 2013: AED 1,477,888 (AED 1,763 per sqft)

1505 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1505, 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, July 2013: AED 90,000 a yearNew contract, August 2014: AED 110,000 a yearNew contract, August 2015: AED 117,500 a yearRenewal, August 2016: AED 117,500 a yearNew contract, October 2017: AED 100,000 a yearNew contract, November 2018: AED 100,000 a yearNew contract, March 2023: AED 110,000 a yearNew contract, April 2024: AED 110,000 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 1505 sits

All 159 1-beds →

1505 last sold in October 2013 at AED 1,763 per sqft, in line with what one-beds in 29 Burj Boulevard Tower 1 were fetching at the time (AED 1,774). 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. 1505's AED 110,000 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 15th floor

All 319 units in 29 Burj Boulevard Tower 1
Value
15011-bedAED 1.25M · Nov 2021
15021-bedAED 1.73M · Sep 2015
1503StudioAED 1.05M · Feb 2016
15041-bedAED 1.75M · Jan 2014
15062-bedAED 1.07M · Mar 2014
15072-bedAED 2.85M · Jul 2026
15082-bedAED 3M · Oct 2013
1–7 of 8

1505, 29 Burj Boulevard Tower 1 in numbers

  • Sold twice: first on 29 June 2010 for AED 1,477,888, last on 3 October 2013 for AED 1,477,888 (AED 1,763 per sqft).
  • Rented since July 2013 on 8 Ejari contracts, from AED 90,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2013 price is 7.4%, 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 23 April 2024.

Questions about 1505, 29 Burj Boulevard Tower 1

What did unit 1505 last sell for?

AED 1,477,888 on 3 October 2013: AED 1,763 per sqft for 838 sqft. The unit has 2 registered sales; the first was AED 1,477,888 in June 2010.

What is the rent for unit 1505?

AED 110,000 a year on the contract signed on 23 April 2024. The previous contract, from March 2023, was AED 110,000; the unit has been rented since July 2013.

How big is unit 1505?

838 sqft (77.9 sqm): a one-bedroom apartment on the 15th floor of a 42-storey tower completed in 2013.

What is unit 1505 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.

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Mortgage on 1505, 29 Burj Boulevard Tower 1

Starts from the last sale price (AED 1.48M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,477,888
Deposit, UAE resident (20%)
AED 295,578
Deposit, non-resident (40%)
AED 591,155
Monthly over 25 years at 3.7%
AED 6,046

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