1-bed · 794 sqft29 Burj Boulevard Tower 1, Downtown Dubai · 16th floor · completed 2013

1602, 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 1602 · DLD and Ejari recordsUpdated 29 May 2026
Last soldAED 734K3 October 2013
Current rentAED 110K /yr29 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, 29 Burj Boulevard Tower 1

What is 1602 worth today?

Last sold for AED 733,944 in 2013

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29 May 2026RentedRenewal
AED 110,000/yr12 months · AED 139 per sqft
29 May 2025RentedNew contract
AED 110,000/yr12 months · AED 139 per sqft
29 May 2025RentedNew contract
AED 110,000/yr12 months · AED 139 per sqft
1 Nov 2024RentedRenewal
AED 110,000/yr6 months · AED 139 per sqft
1 Nov 2023RentedNew contract
AED 94,000/yr12 months · AED 118 per sqft
1 Nov 2022RentedNew contract
AED 94,000/yr12 months · AED 118 per sqft
9 Oct 2021RentedNew contract
AED 74,599/yr12 months · AED 94 per sqft
10 Oct 2017RentedNew contract
AED 105,000/yr12 months · AED 132 per sqft

Source: Dubai Land Department. Updated 29 May 2026.

Key facts

Type
1-bed apartment
Size
794 sqft
Floor
16th of 42
Parking
B2-36
Developer
Emaar
Completed
2013
Service charge
AED 15,500 /yr
Last sold
AED 734K · October 2013

About 1602, 29 Burj Boulevard Tower 1

1602 is a one-bedroom apartment of 794 sqft on the 16th 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 733,944, or AED 924 per sqft, 48% below the AED 1,774 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 29 May 2026, is AED 110,000 a year: a gross yield of 15.0% on the 2013 price, before the service charge of about AED 15,500 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, 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 1,467,888 (AED 1,849 per sqft)Sold, October 2013: AED 733,944 (AED 924 per sqft)

1602 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1602, each contractTypical one-bed in 29 Burj Boulevard Tower 1
75K100K2013201720212025Typical 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 80,000 a yearRenewal, July 2014: AED 85,000 a yearNew contract, July 2015: AED 90,000 a yearRenewal, July 2016: AED 90,000 a yearNew contract, October 2017: AED 105,000 a yearNew contract, October 2021: AED 74,599 a yearNew contract, November 2022: AED 94,000 a yearNew contract, November 2023: AED 94,000 a yearRenewal, November 2024: AED 110,000 a yearNew contract, May 2025: AED 110,000 a yearNew contract, May 2025: AED 110,000 a yearRenewal, May 2026: 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 1602 sits

All 159 1-beds →

1602 last sold in October 2013 at AED 924 per sqft, 48% below 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. 1602'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 16th floor

All 319 units in 29 Burj Boulevard Tower 1
Value
16011-bedAED 1.43M · Jun 2010
1603StudioAED 975K · Apr 2025
16041-bedAED 1.09M · Oct 2014
16051-bedAED 1.51M · Aug 2023
16062-bedAED 3.42M · Dec 2013
16072-bedAED 3.8M · Mar 2014
16082-bedAED 2.35M · Jul 2016
1–7 of 8

1602, 29 Burj Boulevard Tower 1 in numbers

  • Sold twice: first on 29 June 2010 for AED 1,467,888, last on 3 October 2013 for AED 733,944 (AED 924 per sqft).
  • Rented since July 2013 on 12 Ejari contracts, from AED 80,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2013 price is 15.0%, before a service charge of about AED 15,500 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 29 May 2026.

Questions about 1602, 29 Burj Boulevard Tower 1

What did unit 1602 last sell for?

AED 733,944 on 3 October 2013: AED 924 per sqft for 794 sqft. The unit has 2 registered sales; the first was AED 1,467,888 in June 2010.

What is the rent for unit 1602?

AED 110,000 a year on the contract renewed on 29 May 2026. The previous contract, from May 2025, was AED 110,000; the unit has been rented since July 2013.

How big is unit 1602?

794 sqft (73.8 sqm): a one-bedroom apartment on the 16th floor of a 42-storey tower completed in 2013.

What is unit 1602 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 1602, 29 Burj Boulevard Tower 1

Starts from the last sale price (AED 734K, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 733,944
Deposit, UAE resident (20%)
AED 146,789
Deposit, non-resident (40%)
AED 293,578
Monthly over 25 years at 3.7%
AED 3,003

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