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2-bed · 2,955 sqft29 Burj Boulevard Tower 1, Downtown Dubai · 3rd floor · completed 2013

303, 29 Burj Boulevard Tower 1

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 3.8M6 September 2023
Current rentAED 50K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 303, 29 Burj Boulevard Tower 1

What is 303 worth today?

Last sold for AED 3,800,000 in 2023

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1 Oct 2024RentedNew contract · flagged as an outlier
AED 50,000/yr12 months · AED 17 per sqft
6 Sep 2023SoldReady
AED 3,800,000AED 1,286 per sqft
29 Jun 2022RentedRenewal
AED 115,271/yr8 months · AED 39 per sqft
29 Jun 2021RentedRenewal
AED 115,500/yr12 months · AED 39 per sqft
29 Apr 2020RentedNew contract
AED 105,000/yr14 months · AED 36 per sqft
15 Jul 2019RentedRenewal
AED 135,000/yr5 months · AED 46 per sqft
14 Mar 2018RentedNew contract
AED 134,728/yr16 months · AED 46 per sqft
25 Aug 2013SoldOff-plan
AED 3,500,000AED 1,184 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
2,955 sqft
Floor
3rd of 42
Parking
L2-03
Developer
Emaar
Completed
2013
Service charge
AED 57,600 /yr
Last sold
AED 3.8M · September 2023
Building
29 Burj Boulevard Tower 1

About 303, 29 Burj Boulevard Tower 1

303 is a two-bedroom apartment of 2,955 sqft on the 3rd floor of 29 Burj Boulevard Tower 1, a 42-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 6 September 2023 for AED 3,800,000, or AED 1,286 per sqft, 34% below the AED 1,948 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 October 2024, is AED 50,000 a year: a gross yield of 1.3% on the 2023 price, before the service charge of about AED 57,600 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical two-bed in 29 Burj Boulevard Tower 1
2M3M4M2010201520202025Typical 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 2,304,888 (AED 780 per sqft)Sold, August 2013: AED 3,500,000 (AED 1,184 per sqft)Sold, September 2023: AED 3,800,000 (AED 1,286 per sqft)

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

Rents
Unit 303, 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, March 2018: AED 134,728 a yearRenewal, July 2019: AED 135,000 a yearNew contract, April 2020: AED 105,000 a yearRenewal, June 2021: AED 115,500 a yearRenewal, June 2022: AED 115,271 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 303 sits

All 132 2-beds →

303 last sold in September 2023 at AED 1,286 per sqft, 34% below what two-beds in 29 Burj Boulevard Tower 1 were fetching at the time (AED 1,948). 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. 303's AED 50,000 is at the bottom 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 3rd floor

All 319 units in 29 Burj Boulevard Tower 1
Value
3012-bedAED 3.29M · Nov 2024
3021-bedAED 2.4M · Aug 2024
3042-bedAED 2.41M · Oct 2013

303, 29 Burj Boulevard Tower 1 in numbers

  • Sold 3 times: first on 29 June 2010 for AED 2,304,888, last on 6 September 2023 for AED 3,800,000 (AED 1,286 per sqft).
  • Rented since March 2018 on 6 Ejari contracts, from AED 134,728 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 1.3%, before a service charge of about AED 57,600 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 303, 29 Burj Boulevard Tower 1

What did unit 303 last sell for?

AED 3,800,000 on 6 September 2023: AED 1,286 per sqft for 2,955 sqft. The unit has 3 registered sales; the first was AED 2,304,888 in June 2010.

What is the rent for unit 303?

AED 50,000 a year on the contract signed on 1 October 2024. The previous contract, from June 2022, was AED 115,271; the unit has been rented since March 2018.

How big is unit 303?

2,955 sqft (274.5 sqm): a two-bedroom apartment on the 3rd floor of a 42-storey tower completed in 2013.

What is unit 303 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 303, 29 Burj Boulevard Tower 1

Starts from the last sale price (AED 3.8M, 6 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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