1-bed · 838 sqft29 Burj Boulevard Tower 1, Downtown Dubai · 27th floor · completed 2013

2705, 29 Burj Boulevard Tower 1

Sold prices and rental history: sold 3 times, last in September 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2705 · DLD and Ejari recordsUpdated 31 January 2021
Last soldAED 1.65M25 September 2017
Current rentAED 70K /yr31 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2705, 29 Burj Boulevard Tower 1

What is 2705 worth today?

Last sold for AED 1,650,000 in 2017

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31 Jan 2021RentedRenewal
AED 70,000/yr12 months · AED 83 per sqft
31 Jan 2020RentedRenewal
AED 80,000/yr12 months · AED 95 per sqft
31 Jan 2019RentedNew contract
AED 80,000/yr12 months · AED 95 per sqft
15 Dec 2017RentedNew contract
AED 100,000/yr12 months · AED 119 per sqft
25 Sep 2017SoldReady
AED 1,650,000AED 1,968 per sqft
8 Mar 2016RentedNew contract
AED 115,000/yr12 months · AED 137 per sqft
6 Jan 2015RentedNew contract
AED 115,000/yr12 months · AED 137 per sqft
6 Mar 2014SoldReady
AED 1,513,888AED 1,805 per sqft

Source: Dubai Land Department. Updated 31 January 2021.

Key facts

Type
1-bed apartment
Size
838 sqft
Floor
27th of 42
Parking
L2-28
Developer
Emaar
Completed
2013
Service charge
AED 16,300 /yr
Last sold
AED 1.65M · September 2017

About 2705, 29 Burj Boulevard Tower 1

2705 is a one-bedroom apartment of 838 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 25 September 2017 for AED 1,650,000, or AED 1,968 per sqft, in line with the AED 1,925 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 31 January 2021, is AED 70,000 a year: a gross yield of 4.2% on the 2017 price, before the service charge of about AED 16,300 a year.

Sales and rents for 2705 over time

Sales
Unit 2705, 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, June 2010: AED 1,513,888 (AED 1,805 per sqft)Sold, March 2014: AED 1,513,888 (AED 1,805 per sqft)Sold, September 2017: AED 1,650,000 (AED 1,968 per sqft)

2705 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2705, 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, January 2014: AED 115,000 a yearNew contract, January 2015: AED 115,000 a yearNew contract, March 2016: AED 115,000 a yearNew contract, December 2017: AED 100,000 a yearNew contract, January 2019: AED 80,000 a yearRenewal, January 2020: AED 80,000 a yearRenewal, January 2021: AED 70,000 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 2705 sits

All 159 1-beds →

2705 last sold in September 2017 at AED 1,968 per sqft, in line with what one-beds in 29 Burj Boulevard Tower 1 were fetching at the time (AED 1,925). 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. 2705's AED 70,000 is at the bottom 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 27th floor

All 319 units in 29 Burj Boulevard Tower 1
Value
27011-bedAED 2.05M · Oct 2025
27021-bedAED 1.55M · Jul 2023
2703StudioAED 1.03M · Oct 2023
27041-bedAED 1.62M · Jul 2026
27062-bedAED 3.33M · May 2026
27072-bedAED 1.19M · Oct 2013
27082-bedAED 3.25M · Apr 2014
1–7 of 8

2705, 29 Burj Boulevard Tower 1 in numbers

  • Sold 3 times: first on 29 June 2010 for AED 1,513,888, last on 25 September 2017 for AED 1,650,000 (AED 1,968 per sqft).
  • Rented since January 2014 on 7 Ejari contracts, from AED 115,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2017 price is 4.2%, 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 31 January 2021.

Questions about 2705, 29 Burj Boulevard Tower 1

What did unit 2705 last sell for?

AED 1,650,000 on 25 September 2017: AED 1,968 per sqft for 838 sqft. The unit has 3 registered sales; the first was AED 1,513,888 in June 2010.

What is the rent for unit 2705?

AED 70,000 a year on the contract renewed on 31 January 2021. The previous contract, from January 2020, was AED 80,000; the unit has been rented since January 2014.

How big is unit 2705?

838 sqft (77.9 sqm): a one-bedroom apartment on the 27th floor of a 42-storey tower completed in 2013.

What is unit 2705 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 2705, 29 Burj Boulevard Tower 1

Starts from the last sale price (AED 1.65M, 25 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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