2-bed · 1,401 sqft29 Burj Boulevard Tower 1, Downtown Dubai · 23rd floor · completed 2013

2306, 29 Burj Boulevard Tower 1

Sold prices and rental history: sold 3 times, last in November 2020, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2306 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 1.6M18 November 2020
Current rentAED 160K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2306, 29 Burj Boulevard Tower 1

What is 2306 worth today?

Last sold for AED 1,600,000 in 2020

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1 Oct 2024RentedNew contract
AED 160,000/yr12 months · AED 114 per sqft
18 Nov 2020SoldReady
AED 1,600,000AED 1,142 per sqft
19 Dec 2019RentedNew contract
AED 100,000/yr13 months · AED 71 per sqft
1 Jan 2016RentedNew contract
AED 160,000/yr12 months · AED 114 per sqft
30 Sep 2013SoldReady
AED 3,610,888AED 2,577 per sqft
29 Jun 2010Sold by developerOff-plan
AED 3,610,888AED 2,577 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
1,401 sqft
Floor
23rd of 42
Parking
L2-08
Developer
Emaar
Completed
2013
Service charge
AED 27,300 /yr
Last sold
AED 1.6M · November 2020

About 2306, 29 Burj Boulevard Tower 1

2306 is a two-bedroom apartment of 1,401 sqft on the 23rd floor of 29 Burj Boulevard Tower 1, a 42-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 18 November 2020 for AED 1,600,000, or AED 1,142 per sqft, 22% below the AED 1,471 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 1 October 2024, is AED 160,000 a year: a gross yield of 10.0% on the 2020 price, before the service charge of about AED 27,300 a year.

Sales and rents for 2306 over time

Sales
Unit 2306, each saleTypical two-bed in 29 Burj Boulevard Tower 1
2M3M2010201520202025Typical sale price by year: 2010 AED 2,421,388; 2011 AED 1,893,666; 2012 AED 2,100,000; 2013 AED 2,509,569; 2014 AED 3,030,000; 2015 AED 3,050,000; 2016 AED 2,700,000; 2018 AED 1,900,000; 2019 AED 1,700,000; 2021 AED 1,900,000; 2022 AED 2,235,000; 2023 AED 2,500,000; 2024 AED 2,837,500; 2025 AED 2,885,000; 2026 AED 2,950,000Sold by developer, June 2010: AED 3,610,888 (AED 2,577 per sqft)Sold, September 2013: AED 3,610,888 (AED 2,577 per sqft)Sold, November 2020: AED 1,600,000 (AED 1,142 per sqft)

2306 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2306, each contractTypical two-bed in 29 Burj Boulevard Tower 1
100K150K2013201720212025Typical rent by year: 2013 AED 150,000; 2014 AED 160,000; 2015 AED 168,131; 2016 AED 155,000; 2017 AED 150,000; 2018 AED 137,500; 2019 AED 115,000; 2020 AED 95,000; 2021 AED 100,000; 2022 AED 110,000; 2023 AED 140,000; 2024 AED 156,250; 2025 AED 162,500; 2026 AED 160,000New contract, January 2016: AED 160,000 a yearNew contract, December 2019: AED 100,000 a yearNew contract, October 2024: AED 160,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in 29 Burj Boulevard Tower 1, and where 2306 sits

All 132 2-beds →

2306 last sold in November 2020 at AED 1,142 per sqft, 22% below what two-beds in 29 Burj Boulevard Tower 1 were fetching at the time (AED 1,471). Over the last 12 months two-beds sold for AED 2,247,206 to 4,200,000, around AED 2,397 per sqft, and rent for AED 110,000 to 330,000 a year. 2306's AED 160,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Sep 20263,000,000
1 Sep 20262,915,000
27 Jul 202635,605
6 Jul 20262,850,000
13 2-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 23rd floor

All 319 units in 29 Burj Boulevard Tower 1
Value
23011-bedAED 1.95M · Apr 2026
23021-bedAED 1.35M · May 2017
2303StudioAED 900K · Apr 2019
23041-bedAED 1.13M · May 2019
23051-bedAED 1.98M · Apr 2014
23072-bedAED 2.56M · Nov 2013
23082-bedAED 2.78M · Sep 2014
1–7 of 8

2306, 29 Burj Boulevard Tower 1 in numbers

  • Sold 3 times: first on 29 June 2010 for AED 3,610,888, last on 18 November 2020 for AED 1,600,000 (AED 1,142 per sqft).
  • Rented since January 2016 on 3 Ejari contracts. The rent fell from AED 160,000 to AED 100,000 in 2019 and recovered to AED 160,000 by October 2024.
  • At AED 160,000 a year the gross yield on the 2020 price is 10.0%, before a service charge of about AED 27,300 a year (AED 19.50 per sqft).
  • Two-beds in 29 Burj Boulevard Tower 1 sold for AED 2,247,206–4,200,000 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 1 October 2024.

Questions about 2306, 29 Burj Boulevard Tower 1

What did unit 2306 last sell for?

AED 1,600,000 on 18 November 2020: AED 1,142 per sqft for 1,401 sqft. The unit has 3 registered sales; the first was AED 3,610,888 in June 2010.

What is the rent for unit 2306?

AED 160,000 a year on the contract signed on 1 October 2024. The previous contract, from December 2019, was AED 100,000; the unit has been rented since January 2016.

How big is unit 2306?

1,401 sqft (130.2 sqm): a two-bedroom apartment on the 23rd floor of a 42-storey tower completed in 2013.

What is unit 2306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in 29 Burj Boulevard Tower 1 sold for AED 2,247,206 to 4,200,000 in the last 12 months, around AED 2,397 per sqft.

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Mortgage on 2306, 29 Burj Boulevard Tower 1

Starts from the last sale price (AED 1.6M, 18 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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