2-bed · 1,077 sqft29 Burj Boulevard Tower 1, Downtown Dubai · 34th floor · completed 2013

3405, 29 Burj Boulevard Tower 1

Sold prices and rental history: sold 5 times, last in April 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3405 · DLD and Ejari recordsUpdated 5 October 2024
Last soldAED 3.4M15 April 2014
Current rentAED 137K /yr5 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3405, 29 Burj Boulevard Tower 1

What is 3405 worth today?

Last sold for AED 3,400,000 in 2014

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5 Oct 2024RentedRenewal
AED 137,000/yr12 months · AED 127 per sqft
5 Oct 2024RentedRenewal
AED 137,000/yr12 months · AED 127 per sqft
5 Oct 2021RentedNew contract
AED 100,000/yr12 months · AED 93 per sqft
1 Dec 2020RentedRenewal
AED 105,000/yr12 months · AED 98 per sqft
1 Dec 2015RentedRenewal
AED 120,000/yr60 months · AED 111 per sqft
1 Dec 2014RentedNew contract
AED 165,000/yr12 months · AED 153 per sqft
15 Apr 2014SoldReady
AED 3,400,000AED 3,157 per sqft
4 Nov 2013SoldReady
AED 1,905,888AED 1,770 per sqft

Source: Dubai Land Department. Updated 5 October 2024.

Key facts

Type
2-bed apartment
Size
1,077 sqft
Floor
34th of 42
Parking
B2-140
Developer
Emaar
Completed
2013
Service charge
AED 21,000 /yr
Last sold
AED 3.4M · April 2014

About 3405, 29 Burj Boulevard Tower 1

3405 is a two-bedroom apartment of 1,077 sqft on the 34th floor of 29 Burj Boulevard Tower 1, a 42-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 15 April 2014 for AED 3,400,000, or AED 3,157 per sqft, 43% above the AED 2,214 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 5 October 2024, is AED 137,000 a year: a gross yield of 4.0% on the 2014 price, before the service charge of about AED 21,000 a year.

Sales and rents for 3405 over time

Sales
Unit 3405, 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, December 2012: AED 1,905,888 (AED 1,770 per sqft)Sold, January 2013: AED 2,400,000 (AED 2,228 per sqft)Sold, March 2013: AED 2,700,000 (AED 2,507 per sqft)Sold, November 2013: AED 1,905,888 (AED 1,770 per sqft)Sold, April 2014: AED 3,400,000 (AED 3,157 per sqft)

3405 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3405, 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, December 2014: AED 165,000 a yearRenewal, December 2015: AED 120,000 a yearRenewal, December 2020: AED 105,000 a yearNew contract, October 2021: AED 100,000 a yearRenewal, October 2024: AED 137,000 a yearRenewal, October 2024: AED 137,000 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 3405 sits

All 132 2-beds →

3405 last sold in April 2014 at AED 3,157 per sqft, 43% above what two-beds in 29 Burj Boulevard Tower 1 were fetching at the time (AED 2,214). 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. 3405's AED 137,000 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 34th floor

All 319 units in 29 Burj Boulevard Tower 1
Value
34011-bedAED 1.9M · Nov 2014
34021-bedAED 2.36M · Oct 2025
34031-bedAED 1.69M · Jun 2010
34042-bedAED 2.75M · Jan 2017
34061-bedAED 1.95M · Dec 2013

3405, 29 Burj Boulevard Tower 1 in numbers

  • Sold 5 times: first on 31 December 2012 for AED 1,905,888, last on 15 April 2014 for AED 3,400,000 (AED 3,157 per sqft).
  • Rented since December 2014 on 6 Ejari contracts. The rent fell from AED 165,000 to AED 100,000 in 2021 and recovered to AED 137,000 by October 2024.
  • At AED 137,000 a year the gross yield on the 2014 price is 4.0%, before a service charge of about AED 21,000 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 5 October 2024.

Questions about 3405, 29 Burj Boulevard Tower 1

What did unit 3405 last sell for?

AED 3,400,000 on 15 April 2014: AED 3,157 per sqft for 1,077 sqft. The unit has 5 registered sales; the first was AED 1,905,888 in December 2012.

What is the rent for unit 3405?

AED 137,000 a year on the contract renewed on 5 October 2024. The previous contract, from October 2024, was AED 137,000; the unit has been rented since December 2014.

How big is unit 3405?

1,077 sqft (100.1 sqm): a two-bedroom apartment on the 34th floor of a 42-storey tower completed in 2013.

What is unit 3405 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 3405, 29 Burj Boulevard Tower 1

Starts from the last sale price (AED 3.4M, 15 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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