1-bed · 836 sqft29 Burj Boulevard Tower 1, Downtown Dubai · 22nd floor · completed 2013

2201, 29 Burj Boulevard Tower 1

Sold prices and rental history: sold 4 times, last in March 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2201 · DLD and Ejari recordsUpdated 12 March 2018
Last soldAED 1.7M12 March 2018
Current rentAED 110K /yr28 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2201, 29 Burj Boulevard Tower 1

What is 2201 worth today?

Last sold for AED 1,700,000 in 2018

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12 Mar 2018SoldReady
AED 1,700,000AED 2,033 per sqft
28 Jul 2016RentedNew contract
AED 110,000/yr12 months · AED 131 per sqft
21 Jul 2016SoldReady
AED 850,000AED 1,016 per sqft
29 Sep 2014RentedNew contract
AED 115,000/yr12 months · AED 137 per sqft
3 Dec 2013SoldReady
AED 761,444AED 910 per sqft
8 Aug 2013RentedNew contract
AED 90,000/yr12 months · AED 106 per sqft
11 Jul 2010Sold by developerOff-plan
AED 761,444AED 910 per sqft

Source: Dubai Land Department. Updated 12 March 2018.

Key facts

Type
1-bed apartment
Size
836 sqft
Floor
22nd of 42
Parking
B3-158
Developer
Emaar
Completed
2013
Service charge
AED 16,300 /yr
Last sold
AED 1.7M · March 2018

About 2201, 29 Burj Boulevard Tower 1

2201 is a one-bedroom apartment of 836 sqft on the 22nd floor of 29 Burj Boulevard Tower 1, a 42-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 12 March 2018 for AED 1,700,000, or AED 2,033 per sqft, in line with the AED 2,003 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 28 July 2016, is AED 110,000 a year: a gross yield of 6.5% on the 2018 price, before the service charge of about AED 16,300 a year.

Sales and rents for 2201 over time

Sales
Unit 2201, 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, July 2010: AED 761,444 (AED 910 per sqft)Sold, December 2013: AED 761,444 (AED 910 per sqft)Sold, July 2016: AED 850,000 (AED 1,016 per sqft)Sold, March 2018: AED 1,700,000 (AED 2,033 per sqft)

2201 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2201, 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, August 2013: AED 90,000 a yearNew contract, September 2014: AED 115,000 a yearNew contract, July 2016: 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 2201 sits

All 159 1-beds →

2201 last sold in March 2018 at AED 2,033 per sqft, in line with what one-beds in 29 Burj Boulevard Tower 1 were fetching at the time (AED 2,003). 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. 2201'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 22nd floor

All 319 units in 29 Burj Boulevard Tower 1
Value
2203StudioAED 1.15M · Jun 2023
22041-bedAED 1.56M · Oct 2013
22051-bedAED 1.98M · Apr 2014
22062-bedAED 3.6M · Jan 2014
22072-bedAED 1.8M · Sep 2021
22082-bedAED 3.5M · Dec 2013
22092-bedAED 2.3M · Oct 2017

2201, 29 Burj Boulevard Tower 1 in numbers

  • Sold 4 times: first on 11 July 2010 for AED 761,444, last on 12 March 2018 for AED 1,700,000 (AED 2,033 per sqft).
  • Rented since August 2013 on 3 Ejari contracts, from AED 90,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2018 price is 6.5%, 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 12 March 2018.

Questions about 2201, 29 Burj Boulevard Tower 1

What did unit 2201 last sell for?

AED 1,700,000 on 12 March 2018: AED 2,033 per sqft for 836 sqft. The unit has 4 registered sales; the first was AED 761,444 in July 2010.

What is the rent for unit 2201?

AED 110,000 a year on the contract signed on 28 July 2016. The previous contract, from September 2014, was AED 115,000; the unit has been rented since August 2013.

How big is unit 2201?

836 sqft (77.7 sqm): a one-bedroom apartment on the 22nd floor of a 42-storey tower completed in 2013.

What is unit 2201 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 2201, 29 Burj Boulevard Tower 1

Starts from the last sale price (AED 1.7M, 12 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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