1-bed · 770 sqft29 Burj Boulevard Tower 1, Downtown Dubai · 35th floor · completed 2013

3503, 29 Burj Boulevard Tower 1

Sold prices and rental history: sold 5 times, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3503 · DLD and Ejari recordsUpdated 6 September 2024
Last soldAED 1.95M6 September 2024
Current rentAED 100K /yr27 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3503, 29 Burj Boulevard Tower 1

What is 3503 worth today?

Last sold for AED 1,950,000 in 2024

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6 Sep 2024SoldReady
AED 1,950,000AED 2,531 per sqft
1 Aug 2023SoldReady
AED 1,735,000AED 2,252 per sqft
27 May 2022RentedNew contract
AED 100,000/yr12 months · AED 129 per sqft
1 Nov 2020RentedNew contract
AED 70,000/yr12 months · AED 90 per sqft
24 Sep 2018RentedRenewal
AED 64,383/yr6 months · AED 83 per sqft
24 Sep 2017RentedNew contract
AED 100,000/yr12 months · AED 129 per sqft
8 Nov 2014RentedNew contract
AED 125,000/yr12 months · AED 161 per sqft
16 Dec 2013SoldReady
AED 1,850,000AED 2,401 per sqft

Source: Dubai Land Department. Updated 6 September 2024.

Key facts

Type
1-bed apartment
Size
770 sqft
Floor
35th of 42
Parking
B3-53
Developer
Emaar
Completed
2013
Service charge
AED 15,000 /yr
Last sold
AED 1.95M · September 2024

About 3503, 29 Burj Boulevard Tower 1

3503 is a one-bedroom apartment of 770 sqft on the 35th 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 2024 for AED 1,950,000, or AED 2,531 per sqft, 21% above the AED 2,092 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 27 May 2022, is AED 100,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 15,000 a year.

Sales and rents for 3503 over time

Sales
Unit 3503, 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 1,567,888 (AED 2,035 per sqft)Sold, October 2013: AED 1,567,888 (AED 2,035 per sqft)Sold, December 2013: AED 1,850,000 (AED 2,401 per sqft)Sold, August 2023: AED 1,735,000 (AED 2,252 per sqft)Sold, September 2024: AED 1,950,000 (AED 2,531 per sqft)

3503 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3503, each contractTypical one-bed in 29 Burj Boulevard Tower 1
100K2013201720212025Typical 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, November 2014: AED 125,000 a yearNew contract, September 2017: AED 100,000 a yearRenewal, September 2018: AED 64,383 a yearNew contract, November 2020: AED 70,000 a yearNew contract, May 2022: AED 100,000 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 3503 sits

All 159 1-beds →

3503 last sold in September 2024 at AED 2,531 per sqft, 21% above what one-beds in 29 Burj Boulevard Tower 1 were fetching at the time (AED 2,092). 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. 3503's AED 100,000 is in the lower half 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 35th floor

All 319 units in 29 Burj Boulevard Tower 1
Value
35011-bedAED 1.9M · Jun 2010
35021-bedAED 1.63M · Apr 2013
35042-bedAED 2.03M · May 2022
35052-bedAED 2.98M · Dec 2013
35061-bedAED 1.8M · Jan 2014

3503, 29 Burj Boulevard Tower 1 in numbers

  • Sold 5 times: first on 29 June 2010 for AED 1,567,888, last on 6 September 2024 for AED 1,950,000 (AED 2,531 per sqft).
  • Rented since November 2014 on 5 Ejari contracts. The rent fell from AED 125,000 to AED 64,383 in 2018 and recovered to AED 100,000 by May 2022.
  • At AED 100,000 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 15,000 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 6 September 2024.

Questions about 3503, 29 Burj Boulevard Tower 1

What did unit 3503 last sell for?

AED 1,950,000 on 6 September 2024: AED 2,531 per sqft for 770 sqft. The unit has 5 registered sales; the first was AED 1,567,888 in June 2010.

What is the rent for unit 3503?

AED 100,000 a year on the contract signed on 27 May 2022. The previous contract, from November 2020, was AED 70,000; the unit has been rented since November 2014.

How big is unit 3503?

770 sqft (71.5 sqm): a one-bedroom apartment on the 35th floor of a 42-storey tower completed in 2013.

What is unit 3503 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 3503, 29 Burj Boulevard Tower 1

Starts from the last sale price (AED 1.95M, 6 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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