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2-bed · 1,087 sqft29 Burj Boulevard Tower 1, Downtown Dubai · 37th floor · completed 2013

3704, 29 Burj Boulevard Tower 1

Sold prices and rental history: sold 6 times, last in October 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3704 · DLD and Ejari recordsUpdated 4 October 2020
Last soldAED 1.6M4 October 2020
Current rentAED 108K /yr1 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3704, 29 Burj Boulevard Tower 1

What is 3704 worth today?

Last sold for AED 1,600,000 in 2020

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4 Oct 2020SoldReady
AED 1,600,000AED 1,471 per sqft
1 Mar 2020RentedNew contract
AED 108,000/yr13 months · AED 99 per sqft
8 Dec 2019SoldReady
AED 1,700,000AED 1,563 per sqft
22 Jun 2018RentedNew contract
AED 125,000/yr12 months · AED 115 per sqft
1 Apr 2017RentedNew contract
AED 150,000/yr12 months · AED 138 per sqft
1 May 2014RentedNew contract
AED 165,000/yr12 months · AED 152 per sqft
2 Feb 2014SoldReady
AED 3,500,000AED 3,219 per sqft
11 Jan 2014SoldReady
AED 2,500,000AED 2,299 per sqft

Source: Dubai Land Department. Updated 4 October 2020.

Key facts

Type
2-bed apartment
Size
1,087 sqft
Floor
37th of 42
Parking
B1-169
Developer
Emaar
Completed
2013
Service charge
AED 21,200 /yr
Last sold
AED 1.6M · October 2020
Building
29 Burj Boulevard Tower 1

About 3704, 29 Burj Boulevard Tower 1

3704 is a two-bedroom apartment of 1,087 sqft on the 37th floor of 29 Burj Boulevard Tower 1, a 42-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 4 October 2020 for AED 1,600,000, or AED 1,471 per sqft.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 1 March 2020, is AED 108,000 a year: a gross yield of 6.8% on the 2020 price, before the service charge of about AED 21,200 a year.

Sales and rents for 3704 over time

Sales
Unit 3704, 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, January 2013: AED 2,500,000 (AED 2,299 per sqft)Sold by developer, January 2013: AED 2,140,888 (AED 1,969 per sqft)Sold, January 2014: AED 2,500,000 (AED 2,299 per sqft)Sold, February 2014: AED 3,500,000 (AED 3,219 per sqft)Sold, December 2019: AED 1,700,000 (AED 1,563 per sqft)Sold, October 2020: AED 1,600,000 (AED 1,471 per sqft)

3704 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3704, 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, May 2014: AED 165,000 a yearNew contract, April 2017: AED 150,000 a yearNew contract, June 2018: AED 125,000 a yearNew contract, March 2020: AED 108,000 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 3704 sits

All 132 2-beds →

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. 3704's AED 108,000 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 37th floor

All 319 units in 29 Burj Boulevard Tower 1
Value
37011-bedAED 2.15M · Sep 2026
37021-bedAED 2.18M · Oct 2013
37031-bedAED 2.25M · Apr 2025
37052-bedAED 3.1M · Oct 2013
37061-bedAED 1.93M · Nov 2024

3704, 29 Burj Boulevard Tower 1 in numbers

  • Sold 6 times: first on 22 January 2013 for AED 2,140,888, last on 4 October 2020 for AED 1,600,000 (AED 1,471 per sqft).
  • Rented since May 2014 on 4 Ejari contracts, from AED 165,000 to AED 108,000 a year.
  • At AED 108,000 a year the gross yield on the 2020 price is 6.8%, before a service charge of about AED 21,200 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 4 October 2020.

Questions about 3704, 29 Burj Boulevard Tower 1

What did unit 3704 last sell for?

AED 1,600,000 on 4 October 2020: AED 1,471 per sqft for 1,087 sqft. The unit has 6 registered sales; the first was AED 2,140,888 in January 2013.

What is the rent for unit 3704?

AED 108,000 a year on the contract signed on 1 March 2020. The previous contract, from June 2018, was AED 125,000; the unit has been rented since May 2014.

How big is unit 3704?

1,087 sqft (101.0 sqm): a two-bedroom apartment on the 37th floor of a 42-storey tower completed in 2013.

What is unit 3704 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 3704, 29 Burj Boulevard Tower 1

Starts from the last sale price (AED 1.6M, 4 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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