1-bed · 1,056 sqft29 Burj Boulevard Tower 1, Downtown Dubai · 40th floor · completed 2013

4001, 29 Burj Boulevard Tower 1

Sold prices and rental history: sold 5 times, last in September 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4001 · DLD and Ejari recordsUpdated 19 September 2021
Last soldAED 1.25M19 September 2021
Current rentAED 97K /yr15 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4001, 29 Burj Boulevard Tower 1

What is 4001 worth today?

Last sold for AED 1,250,000 in 2021

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19 Sep 2021SoldReady
AED 1,250,000AED 1,183 per sqft
15 Dec 2019RentedNew contract
AED 97,000/yr12 months · AED 92 per sqft
2 May 2019SoldReady
AED 1,300,000AED 1,230 per sqft
1 Dec 2018RentedRenewal
AED 110,000/yr12 months · AED 104 per sqft
1 Dec 2017RentedNew contract
AED 120,000/yr12 months · AED 114 per sqft
29 Mar 2016RentedNew contract
AED 130,000/yr12 months · AED 123 per sqft
3 Oct 2013SoldReady
AED 1,970,888AED 1,865 per sqft
29 Jan 2013SoldOff-plan
AED 1,540,000AED 1,457 per sqft

Source: Dubai Land Department. Updated 19 September 2021.

Key facts

Type
1-bed apartment
Size
1,056 sqft
Floor
40th of 42
Parking
B2-166
Developer
Emaar
Completed
2013
Service charge
AED 20,600 /yr
Last sold
AED 1.25M · September 2021

About 4001, 29 Burj Boulevard Tower 1

4001 is a one-bedroom apartment of 1,056 sqft on the 40th floor of 29 Burj Boulevard Tower 1, a 42-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 19 September 2021 for AED 1,250,000, or AED 1,183 per sqft, in line with the AED 1,209 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 15 December 2019, is AED 97,000 a year: a gross yield of 7.8% on the 2021 price, before the service charge of about AED 20,600 a year.

Sales and rents for 4001 over time

Sales
Unit 4001, 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 1,970,888 (AED 1,865 per sqft)Sold, January 2013: AED 1,540,000 (AED 1,457 per sqft)Sold, October 2013: AED 1,970,888 (AED 1,865 per sqft)Sold, May 2019: AED 1,300,000 (AED 1,230 per sqft)Sold, September 2021: AED 1,250,000 (AED 1,183 per sqft)

4001 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4001, 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, March 2016: AED 130,000 a yearNew contract, December 2017: AED 120,000 a yearRenewal, December 2018: AED 110,000 a yearNew contract, December 2019: AED 97,000 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 4001 sits

All 159 1-beds →

4001 last sold in September 2021 at AED 1,183 per sqft, in line with what one-beds in 29 Burj Boulevard Tower 1 were fetching at the time (AED 1,209). 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. 4001's AED 97,000 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 40th floor

All 319 units in 29 Burj Boulevard Tower 1
Value
40021-bedAED 2.08M · Jun 2010
40031-bedAED 1.13M · May 2019
40042-bedAED 2M · Jun 2021
40052-bedAED 3M · Aug 2024
40061-bedAED 2.4M · Jan 2024

4001, 29 Burj Boulevard Tower 1 in numbers

  • Sold 5 times: first on 29 June 2010 for AED 1,970,888, last on 19 September 2021 for AED 1,250,000 (AED 1,183 per sqft).
  • Rented since March 2016 on 4 Ejari contracts, from AED 130,000 to AED 97,000 a year.
  • At AED 97,000 a year the gross yield on the 2021 price is 7.8%, before a service charge of about AED 20,600 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 19 September 2021.

Questions about 4001, 29 Burj Boulevard Tower 1

What did unit 4001 last sell for?

AED 1,250,000 on 19 September 2021: AED 1,183 per sqft for 1,056 sqft. The unit has 5 registered sales; the first was AED 1,970,888 in June 2010.

What is the rent for unit 4001?

AED 97,000 a year on the contract signed on 15 December 2019. The previous contract, from December 2018, was AED 110,000; the unit has been rented since March 2016.

How big is unit 4001?

1,056 sqft (98.1 sqm): a one-bedroom apartment on the 40th floor of a 42-storey tower completed in 2013.

What is unit 4001 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 4001, 29 Burj Boulevard Tower 1

Starts from the last sale price (AED 1.25M, 19 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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