Studio · 469 sqft29 Burj Boulevard Tower 1, Downtown Dubai · 22nd floor · completed 2013

2203, 29 Burj Boulevard Tower 1

Sold prices and rental history: sold 4 times, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2203 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 1.15M23 June 2023
Current rentAED 75K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2203, 29 Burj Boulevard Tower 1

What is 2203 worth today?

Last sold for AED 1,150,000 in 2023

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1 Sep 2023RentedRenewal
AED 75,000/yr12 months · AED 158 per sqft
23 Jun 2023SoldReady
AED 1,150,000AED 2,450 per sqft
1 Sep 2022RentedNew contract
AED 75,000/yr12 months · AED 158 per sqft
2 Feb 2022SoldReady
AED 850,000AED 1,811 per sqft
4 Dec 2020RentedRenewal
AED 45,000/yr12 months · AED 95 per sqft
4 Dec 2019RentedRenewal
AED 54,000/yr12 months · AED 114 per sqft
4 Dec 2018RentedRenewal
AED 68,000/yr12 months · AED 144 per sqft
4 Dec 2017RentedNew contract
AED 68,000/yr12 months · AED 144 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
Studio apartment
Size
469 sqft
Floor
22nd of 42
Parking
B3-187
Developer
Emaar
Completed
2013
Service charge
AED 9,100 /yr
Last sold
AED 1.15M · June 2023

About 2203, 29 Burj Boulevard Tower 1

2203 is a studio of 469 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 23 June 2023 for AED 1,150,000, or AED 2,450 per sqft, 5% above the AED 2,331 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 75,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 9,100 a year.

Sales and rents for 2203 over time

Sales
Unit 2203, each saleTypical studio in 29 Burj Boulevard Tower 1
1M1.5M2010201420182022Typical 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 1,500,888 (AED 3,198 per sqft)Sold, October 2013: AED 1,500,888 (AED 3,198 per sqft)Sold, February 2022: AED 850,000 (AED 1,811 per sqft)Sold, June 2023: AED 1,150,000 (AED 2,450 per sqft)

2203 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2203, each contractTypical studio in 29 Burj Boulevard Tower 1
40K60K80K2013201720212025Typical 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 60,000 a yearNew contract, September 2015: AED 76,000 a yearNew contract, December 2017: AED 68,000 a yearRenewal, December 2018: AED 68,000 a yearRenewal, December 2019: AED 54,000 a yearRenewal, December 2020: AED 45,000 a yearNew contract, September 2022: AED 75,000 a yearRenewal, September 2023: AED 75,000 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 2203 sits

All 27 studios →

2203 last sold in June 2023 at AED 2,450 per sqft, 5% above what studios in 29 Burj Boulevard Tower 1 were fetching at the time (AED 2,331). 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. 2203's AED 75,000 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 22nd floor

All 319 units in 29 Burj Boulevard Tower 1
Value
22011-bedAED 1.7M · Mar 2018
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

2203, 29 Burj Boulevard Tower 1 in numbers

  • Sold 4 times: first on 29 June 2010 for AED 1,500,888, last on 23 June 2023 for AED 1,150,000 (AED 2,450 per sqft).
  • Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 45,000 in 2020 and recovered to AED 75,000 by September 2023.
  • At AED 75,000 a year the gross yield on the 2023 price is 6.5%, 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 September 2023.

Questions about 2203, 29 Burj Boulevard Tower 1

What did unit 2203 last sell for?

AED 1,150,000 on 23 June 2023: AED 2,450 per sqft for 469 sqft. The unit has 4 registered sales; the first was AED 1,500,888 in June 2010.

What is the rent for unit 2203?

AED 75,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 75,000; the unit has been rented since September 2013.

How big is unit 2203?

469 sqft (43.6 sqm): a studio on the 22nd floor of a 42-storey tower completed in 2013.

What is unit 2203 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 2203, 29 Burj Boulevard Tower 1

Starts from the last sale price (AED 1.15M, 23 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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