Studio · 469 sqft29 Burj Boulevard Tower 1, Downtown Dubai · 27th floor · completed 2013

2703, 29 Burj Boulevard Tower 1

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

Unit 2703 · DLD and Ejari recordsUpdated 30 October 2023
Last soldAED 1.03M30 October 2023
Current rentAED 55K /yr14 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2703, 29 Burj Boulevard Tower 1

What is 2703 worth today?

Last sold for AED 1,030,000 in 2023

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30 Oct 2023SoldReady
AED 1,030,000AED 2,195 per sqft
8 May 2023SoldReady
AED 900,000AED 1,918 per sqft
14 Mar 2023RentedNew contract
AED 55,000/yr12 months · AED 117 per sqft
14 Mar 2022RentedNew contract
AED 50,000/yr12 months · AED 107 per sqft
27 Oct 2021RentedRenewal
AED 50,816/yr3 months · AED 108 per sqft
27 Oct 2020RentedNew contract
AED 48,000/yr12 months · AED 102 per sqft
27 Oct 2019RentedNew contract
AED 55,000/yr12 months · AED 117 per sqft
16 Sep 2018RentedNew contract
AED 56,000/yr12 months · AED 119 per sqft

Source: Dubai Land Department. Updated 30 October 2023.

Key facts

Type
Studio apartment
Size
469 sqft
Floor
27th of 42
Parking
B3-192
Developer
Emaar
Completed
2013
Service charge
AED 9,100 /yr
Last sold
AED 1.03M · October 2023

About 2703, 29 Burj Boulevard Tower 1

2703 is a studio of 469 sqft on the 27th floor of 29 Burj Boulevard Tower 1, a 42-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 30 October 2023 for AED 1,030,000, or AED 2,195 per sqft, in line with the AED 2,195 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 14 March 2023, is AED 55,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 9,100 a year.

Sales and rents for 2703 over time

Sales
Unit 2703, each saleTypical studio in 29 Burj Boulevard Tower 1
500K1M1.5M2010201420182022Typical 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, July 2010: AED 537,444 (AED 1,145 per sqft)Sold, December 2013: AED 537,444 (AED 1,145 per sqft)Sold, May 2023: AED 900,000 (AED 1,918 per sqft)Sold, October 2023: AED 1,030,000 (AED 2,195 per sqft)

2703 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2703, 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 62,000 a yearNew contract, September 2015: AED 68,355 a yearRenewal, September 2016: AED 68,355 a yearRenewal, September 2017: AED 68,355 a yearNew contract, February 2018: AED 68,000 a yearNew contract, September 2018: AED 56,000 a yearNew contract, October 2019: AED 55,000 a yearNew contract, October 2020: AED 48,000 a yearRenewal, October 2021: AED 50,816 a yearNew contract, March 2022: AED 50,000 a yearNew contract, March 2023: AED 55,000 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 2703 sits

All 27 studios →

2703 last sold in October 2023 at AED 2,195 per sqft, in line with what studios in 29 Burj Boulevard Tower 1 were fetching at the time (AED 2,195). 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. 2703's AED 55,000 is at the bottom 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 27th floor

All 319 units in 29 Burj Boulevard Tower 1
Value
27011-bedAED 2.05M · Oct 2025
27021-bedAED 1.55M · Jul 2023
27041-bedAED 1.62M · Jul 2026
27051-bedAED 1.65M · Sep 2017
27062-bedAED 3.33M · May 2026
27072-bedAED 1.19M · Oct 2013
27082-bedAED 3.25M · Apr 2014
1–7 of 8

2703, 29 Burj Boulevard Tower 1 in numbers

  • Sold 4 times: first on 11 July 2010 for AED 537,444, last on 30 October 2023 for AED 1,030,000 (AED 2,195 per sqft).
  • Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 62,000 to AED 48,000 in 2020 and recovered to AED 55,000 by March 2023.
  • At AED 55,000 a year the gross yield on the 2023 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 30 October 2023.

Questions about 2703, 29 Burj Boulevard Tower 1

What did unit 2703 last sell for?

AED 1,030,000 on 30 October 2023: AED 2,195 per sqft for 469 sqft. The unit has 4 registered sales; the first was AED 537,444 in July 2010.

What is the rent for unit 2703?

AED 55,000 a year on the contract signed on 14 March 2023. The previous contract, from March 2022, was AED 50,000; the unit has been rented since September 2013.

How big is unit 2703?

469 sqft (43.6 sqm): a studio on the 27th floor of a 42-storey tower completed in 2013.

What is unit 2703 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 2703, 29 Burj Boulevard Tower 1

Starts from the last sale price (AED 1.03M, 30 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,030,000
Deposit, UAE resident (20%)
AED 206,000
Deposit, non-resident (40%)
AED 412,000
Monthly over 25 years at 3.7%
AED 4,214

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