1603, 29 Burj Boulevard Tower 1
Sold prices and rental history: sold 3 times, last in April 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, 29 Burj Boulevard Tower 1
What is 1603 worth today?
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Source: Dubai Land Department. Updated 2 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 469 sqft
- Floor
- 16th of 42
- Parking
- B3-217
- Developer
- Emaar
- Completed
- 2013
- Service charge
- AED 9,100 /yr
- Last sold
- AED 975K · April 2025
- Building
- 29 Burj Boulevard Tower 1
About 1603, 29 Burj Boulevard Tower 1
1603 is a studio of 469 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 10 April 2025 for AED 974,869, or AED 2,077 per sqft, 23% below the AED 2,686 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 2 March 2026, is AED 85,000 a year: a gross yield of 8.7% on the 2025 price, before the service charge of about AED 9,100 a year.
Sales and rents for 1603 over time
1603 has sold 3 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 1603 sits
All 27 studios →1603 last sold in April 2025 at AED 2,077 per sqft, 23% below what studios in 29 Burj Boulevard Tower 1 were fetching at the time (AED 2,686). 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. 1603's AED 85,000 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 16th floor
All 319 units in 29 Burj Boulevard Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 836 sqft | AED 1.43MAED 1,430,888 · Jun 2010June 2010 | ||
| 1602 | 1-bed | 794 sqft | AED 734KAED 733,944 · Oct 2013October 2013 | 110,000 /yr | |
| 1604 | 1-bed | 799 sqft | AED 1.09MAED 1,090,000 · Oct 2014October 2014 | 114,545 /yr | |
| 1605 | 1-bed | 838 sqft | AED 1.51MAED 1,510,000 · Aug 2023August 2023 | 110,000 /yr | |
| 1606 | 2-bed | 1,401 sqft | AED 3.42MAED 3,417,000 · Dec 2013December 2013 | 195,000 /yr | |
| 1607 | 2-bed | 1,231 sqft | AED 3.8MAED 3,800,000 · Mar 2014March 2014 | 165,000 /yr | |
| 1608 | 2-bed | 1,174 sqft | AED 2.35MAED 2,350,000 · Jul 2016July 2016 | 175,000 /yr | |
| 1609 | 2-bed | 1,155 sqft | AED 3.46MAED 3,464,888 · Mar 2015March 2015 | 190,000 /yr |
1603, 29 Burj Boulevard Tower 1 in numbers
- Sold 3 times: first on 11 July 2010 for AED 785,444, last on 10 April 2025 for AED 974,869 (AED 2,077 per sqft).
- Rented since June 2014 on 8 Ejari contracts. The rent fell from AED 77,500 to AED 57,000 in 2021 and recovered to AED 85,000 by March 2026.
- At AED 85,000 a year the gross yield on the 2025 price is 8.7%, 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 2 March 2026.
Questions about 1603, 29 Burj Boulevard Tower 1
What did unit 1603 last sell for?
AED 974,869 on 10 April 2025: AED 2,077 per sqft for 469 sqft. The unit has 3 registered sales; the first was AED 785,444 in July 2010.
What is the rent for unit 1603?
AED 85,000 a year on the contract signed on 2 March 2026. The previous contract, from November 2024, was AED 63,000; the unit has been rented since June 2014.
How big is unit 1603?
469 sqft (43.6 sqm): a studio on the 16th floor of a 42-storey tower completed in 2013.
What is unit 1603 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 1603, 29 Burj Boulevard Tower 1
Starts from the last sale price (AED 975K, 10 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 974,869
- Deposit, UAE resident (20%)
- AED 194,974
- Deposit, non-resident (40%)
- AED 389,948
- Monthly over 25 years at 3.7%
- AED 3,988
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →