Home
Dubai prices
About
Research
2-bed · 1,080 sqft29 Burj Boulevard Tower 1, Downtown Dubai · 5th floor · completed 2013

503, 29 Burj Boulevard Tower 1

Sold prices and rental history: sold 3 times, last in November 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 29 November 2018
Last soldAED 1.43M29 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 503

Property timeline for 503, 29 Burj Boulevard Tower 1

What is 503 worth today?

Last sold for AED 1,430,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

29 Nov 2018SoldReady
AED 1,430,000AED 1,323 per sqft
21 Jan 2015SoldReady
AED 1,960,888AED 1,815 per sqft
29 Jun 2010Sold by developerOff-plan
AED 1,960,888AED 1,815 per sqft

Source: Dubai Land Department. Updated 29 November 2018.

Key facts

Type
2-bed apartment
Size
1,080 sqft
Floor
5th of 42
Parking
B2-138
Developer
Emaar
Completed
2013
Service charge
AED 21,100 /yr
Last sold
AED 1.43M · November 2018
Building
29 Burj Boulevard Tower 1

About 503, 29 Burj Boulevard Tower 1

503 is a two-bedroom apartment of 1,080 sqft on the 5th floor of 29 Burj Boulevard Tower 1, a 42-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 29 November 2018 for AED 1,430,000, or AED 1,323 per sqft, 8% below the AED 1,440 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, 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, June 2010: AED 1,960,888 (AED 1,815 per sqft)Sold, January 2015: AED 1,960,888 (AED 1,815 per sqft)Sold, November 2018: AED 1,430,000 (AED 1,323 per sqft)

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

Rents
Unit 503, 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 160,000

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 503 sits

All 132 2-beds →

503 last sold in November 2018 at AED 1,323 per sqft, 8% below what two-beds in 29 Burj Boulevard Tower 1 were fetching at the time (AED 1,440). 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.

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 5th floor

All 319 units in 29 Burj Boulevard Tower 1
Value
5011-bedAED 1.94M · Aug 2014
5021-bedAED 38K · Jul 2026
5041-bedAED 1.3M · Aug 2018
5052-bedAED 3.42M · Jun 2014
5062-bedAED 750K · Mar 2021
5072-bedAED 3.4M · Feb 2026
5082-bedAED 3.05M · Jan 2015

503, 29 Burj Boulevard Tower 1 in numbers

  • Sold 3 times: first on 29 June 2010 for AED 1,960,888, last on 29 November 2018 for AED 1,430,000 (AED 1,323 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 29 November 2018.

Questions about 503, 29 Burj Boulevard Tower 1

What did unit 503 last sell for?

AED 1,430,000 on 29 November 2018: AED 1,323 per sqft for 1,080 sqft. The unit has 3 registered sales; the first was AED 1,960,888 in June 2010.

How big is unit 503?

1,080 sqft (100.3 sqm): a two-bedroom apartment on the 5th floor of a 42-storey tower completed in 2013.

What is unit 503 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.

Selling 503? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 503, 29 Burj Boulevard Tower 1

Starts from the last sale price (AED 1.43M, 29 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,430,000
Deposit, UAE resident (20%)
AED 286,000
Deposit, non-resident (40%)
AED 572,000
Monthly over 25 years at 3.7%
AED 5,851

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