504, 29 Burj Boulevard Tower 1
Sold prices and rental history: sold 4 times, last in August 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, 29 Burj Boulevard Tower 1
What is 504 worth today?
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Source: Dubai Land Department. Updated 2 April 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 838 sqft
- Floor
- 5th of 42
- Parking
- B3-46
- Developer
- Emaar
- Completed
- 2013
- Service charge
- AED 16,300 /yr
- Last sold
- AED 1.3M · August 2018
- Building
- 29 Burj Boulevard Tower 1
About 504, 29 Burj Boulevard Tower 1
504 is a one-bedroom apartment of 838 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 14 August 2018 for AED 1,300,000, or AED 1,551 per sqft, 14% below the AED 1,796 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 2 April 2021, is AED 62,000 a year: a gross yield of 4.8% on the 2018 price, before the service charge of about AED 16,300 a year.
Sales and rents for 504 over time
504 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 504 sits
All 159 1-beds →504 last sold in August 2018 at AED 1,551 per sqft, 14% below what one-beds in 29 Burj Boulevard Tower 1 were fetching at the time (AED 1,796). 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. 504's AED 62,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Sep 202623 September 2026 | 802 sqft | 2,000,000 | 2,493 | ||
| 4 Sep 20264 September 2026 | 1,056 sqft | 2,150,000 | 2,035 | ||
| 23 Jul 202623 July 2026 | 848 sqft | 38,023 | 44 | ||
| 10 Jul 202610 July 2026 | 1,669 sqft | 2,200,000 | 1,318 |
29 Burj Boulevard Tower 1
Building319 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%
Other units on the 5th floor
All 319 units in 29 Burj Boulevard Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 782 sqft | AED 1.94MAED 1,935,000 · Aug 2014August 2014 | 100,000 /yr | |
| 502 | 1-bed | 848 sqft | AED 38KAED 38,023 · Jul 2026July 2026 | 100,000 /yr | |
| 503 | 2-bed | 1,080 sqft | AED 1.43MAED 1,430,000 · Nov 2018November 2018 | ||
| 505 | 2-bed | 1,401 sqft | AED 3.42MAED 3,416,888 · Jun 2014June 2014 | 155,000 /yr | |
| 506 | 2-bed | 615 sqft | AED 750KAED 750,000 · Mar 2021March 2021 | 94,164 /yr | |
| 507 | 2-bed | 1,174 sqft | AED 3.4MAED 3,400,000 · Feb 2026February 2026 | 98,000 /yr | |
| 508 | 2-bed | 1,155 sqft | AED 3.05MAED 3,050,000 · Jan 2015January 2015 | 125,000 /yr |
504, 29 Burj Boulevard Tower 1 in numbers
- Sold 4 times: first on 29 June 2010 for AED 1,419,888, last on 14 August 2018 for AED 1,300,000 (AED 1,551 per sqft).
- Rented since September 2013 on 5 Ejari contracts, from AED 85,000 to AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2018 price is 4.8%, before a service charge of about AED 16,300 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 2 April 2021.
Questions about 504, 29 Burj Boulevard Tower 1
What did unit 504 last sell for?
AED 1,300,000 on 14 August 2018: AED 1,551 per sqft for 838 sqft. The unit has 4 registered sales; the first was AED 1,419,888 in June 2010.
What is the rent for unit 504?
AED 62,000 a year on the contract signed on 2 April 2021. The previous contract, from October 2019, was AED 75,000; the unit has been rented since September 2013.
How big is unit 504?
838 sqft (77.9 sqm): a one-bedroom apartment on the 5th floor of a 42-storey tower completed in 2013.
What is unit 504 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 504, 29 Burj Boulevard Tower 1
Starts from the last sale price (AED 1.3M, 14 August 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →