Studio · 469 sqft29 Burj Boulevard Tower 1, Downtown Dubai · 17th floor · completed 2013

1703, 29 Burj Boulevard Tower 1

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

Unit 1703 · DLD and Ejari recordsUpdated 1 May 2015
Last soldAED 1.57M3 October 2013
Current rentAED 83K /yr1 May 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, 29 Burj Boulevard Tower 1

What is 1703 worth today?

Last sold for AED 1,572,888 in 2013

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1 May 2015RentedNew contract
AED 83,000/yr12 months · AED 175 per sqft
1 May 2014RentedNew contract
AED 80,000/yr12 months · AED 169 per sqft
3 Oct 2013SoldReady
AED 1,572,888AED 3,352 per sqft
1 Sep 2013RentedNew contract
AED 65,175/yr12 months · AED 138 per sqft
29 Jun 2010Sold by developerOff-plan
AED 1,572,888AED 3,352 per sqft

Source: Dubai Land Department. Updated 1 May 2015.

Key facts

Type
Studio apartment
Size
469 sqft
Floor
17th of 42
Parking
B3-182
Developer
Emaar
Completed
2013
Service charge
AED 9,100 /yr
Last sold
AED 1.57M · October 2013

About 1703, 29 Burj Boulevard Tower 1

1703 is a studio of 469 sqft on the 17th 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 1,572,888, or AED 3,352 per sqft, 48% above the AED 2,259 studios in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 May 2015, is AED 83,000 a year: a gross yield of 5.3% on the 2013 price, before the service charge of about AED 9,100 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, each saleTypical studio in 29 Burj Boulevard Tower 1
1M1.25M1.5M2010201420182022Typical sale price by year: 2010 AED 1,557,888; 2013 AED 1,060,000; 2014 AED 1,235,527; 2015 AED 1,150,000; 2016 AED 1,050,000; 2017 AED 1,230,000; 2023 AED 1,030,000; 2024 AED 1,150,000Sold by developer, June 2010: AED 1,572,888 (AED 3,352 per sqft)Sold, October 2013: AED 1,572,888 (AED 3,352 per sqft)

1703 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1703, each contractTypical studio in 29 Burj Boulevard Tower 1
60K80K2013201720212025Typical rent by year: 2013 AED 65,824; 2014 AED 80,000; 2015 AED 80,000; 2016 AED 77,500; 2017 AED 74,000; 2018 AED 68,000; 2019 AED 55,650; 2020 AED 48,000; 2021 AED 47,000; 2022 AED 60,000; 2023 AED 65,588; 2024 AED 70,000; 2025 AED 74,000; 2026 AED 70,000New contract, September 2013: AED 65,175 a yearNew contract, May 2014: AED 80,000 a yearNew contract, May 2015: AED 83,000 a year

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 1703 sits

All 27 studios →

1703 last sold in October 2013 at AED 3,352 per sqft, 48% above what studios in 29 Burj Boulevard Tower 1 were fetching at the time (AED 2,259). 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. 1703's AED 83,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
30 Jul 20262,553
29 Dec 2025165,995
21 Jul 20251,115,000
25 Jun 20258,411
2 studio 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 17th floor

All 319 units in 29 Burj Boulevard Tower 1
Value
17011-bedAED 1.93M · Oct 2025
17021-bedAED 1.7M · Nov 2023
17041-bedAED 2.02M · Mar 2025
17051-bedAED 1.7M · Apr 2024
17062-bedAED 2.58M · Apr 2024
17072-bedAED 2.4M · Oct 2013
17082-bedAED 2.85M · Feb 2025
1–7 of 8

1703, 29 Burj Boulevard Tower 1 in numbers

  • Sold twice: first on 29 June 2010 for AED 1,572,888, last on 3 October 2013 for AED 1,572,888 (AED 3,352 per sqft).
  • Rented since September 2013 on 3 Ejari contracts, from AED 65,175 to AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2013 price is 5.3%, 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 May 2015.

Questions about 1703, 29 Burj Boulevard Tower 1

What did unit 1703 last sell for?

AED 1,572,888 on 3 October 2013: AED 3,352 per sqft for 469 sqft. The unit has 2 registered sales; the first was AED 1,572,888 in June 2010.

What is the rent for unit 1703?

AED 83,000 a year on the contract signed on 1 May 2015. The previous contract, from May 2014, was AED 80,000; the unit has been rented since September 2013.

How big is unit 1703?

469 sqft (43.6 sqm): a studio on the 17th floor of a 42-storey tower completed in 2013.

What is unit 1703 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 1703, 29 Burj Boulevard Tower 1

Starts from the last sale price (AED 1.57M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,572,888
Deposit, UAE resident (20%)
AED 314,578
Deposit, non-resident (40%)
AED 629,155
Monthly over 25 years at 3.7%
AED 6,435

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