1508, 29 Burj Boulevard Tower 1
Sold prices and rental history: sold 3 times, 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.
Property timeline for 1508, 29 Burj Boulevard Tower 1
What is 1508 worth today?
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Source: Dubai Land Department. Updated 15 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,174 sqft
- Floor
- 15th of 42
- Parking
- B1-29
- Developer
- Emaar
- Completed
- 2013
- Service charge
- AED 22,900 /yr
- Last sold
- AED 3M · October 2013
- Building
- 29 Burj Boulevard Tower 1
About 1508, 29 Burj Boulevard Tower 1
1508 is a two-bedroom apartment of 1,174 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 3,000,000, or AED 2,556 per sqft, 28% above the AED 2,002 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 15 November 2023, is AED 180,000 a year: a gross yield of 6.0% on the 2013 price, before the service charge of about AED 22,900 a year.
Sales and rents for 1508 over time
1508 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 Tower 1, and where 1508 sits
All 132 2-beds →1508 last sold in October 2013 at AED 2,556 per sqft, 28% above what two-beds in 29 Burj Boulevard Tower 1 were fetching at the time (AED 2,002). Over the last 12 months two-beds sold for AED 2,247,206 to 4,200,000, around AED 2,397 per sqft, and rent for AED 110,000 to 330,000 a year. 1508's AED 180,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20261 September 2026 | 1,487 sqft | 3,000,000 | 2,017 | ||
| 1 Sep 20261 September 2026 | 1,174 sqft | 2,915,000 | 2,483 | ||
| 27 Jul 202627 July 2026 | 1,231 sqft | 35,605 | 28 | ||
| 6 Jul 20266 July 2026 | 1,231 sqft | 2,850,000 | 2,316 |
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 | |
| 1503 | Studio | 469 sqft | AED 1.05MAED 1,050,000 · Feb 2016February 2016 | 75,000 /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 | |
| 1509 | 2-bed | 1,155 sqft | AED 2.19MAED 2,185,888 · Dec 2014December 2014 | 183,750 /yr |
1508, 29 Burj Boulevard Tower 1 in numbers
- Sold 3 times: first on 29 June 2010 for AED 2,598,888, last on 3 October 2013 for AED 3,000,000 (AED 2,556 per sqft).
- Rented since December 2013 on 5 Ejari contracts. The rent fell from AED 165,000 to AED 100,000 in 2020 and recovered to AED 180,000 by November 2023.
- At AED 180,000 a year the gross yield on the 2013 price is 6.0%, before a service charge of about AED 22,900 a year (AED 19.50 per sqft).
- Two-beds in 29 Burj Boulevard Tower 1 sold for AED 2,247,206–4,200,000 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 15 November 2023.
Questions about 1508, 29 Burj Boulevard Tower 1
What did unit 1508 last sell for?
AED 3,000,000 on 3 October 2013: AED 2,556 per sqft for 1,174 sqft. The unit has 3 registered sales; the first was AED 2,598,888 in June 2010.
What is the rent for unit 1508?
AED 180,000 a year on the contract signed on 15 November 2023. The previous contract, from August 2020, was AED 100,000; the unit has been rented since December 2013.
How big is unit 1508?
1,174 sqft (109.1 sqm): a two-bedroom apartment on the 15th floor of a 42-storey tower completed in 2013.
What is unit 1508 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 Tower 1 sold for AED 2,247,206 to 4,200,000 in the last 12 months, around AED 2,397 per sqft.
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Mortgage on 1508, 29 Burj Boulevard Tower 1
Starts from the last sale price (AED 3M, 3 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →