508, 29 Burj Boulevard Tower 1
Sold prices and rental history: sold 3 times, last in January 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, 29 Burj Boulevard Tower 1
What is 508 worth today?
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Source: Dubai Land Department. Updated 15 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,155 sqft
- Floor
- 5th of 42
- Parking
- B1-208
- Developer
- Emaar
- Completed
- 2013
- Service charge
- AED 22,500 /yr
- Last sold
- AED 3.05M · January 2015
- Building
- 29 Burj Boulevard Tower 1
About 508, 29 Burj Boulevard Tower 1
508 is a two-bedroom apartment of 1,155 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 21 January 2015 for AED 3,050,000, or AED 2,639 per sqft, 7% above the AED 2,471 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 15 July 2026, is AED 125,000 a year: a gross yield of 4.1% on the 2015 price, before the service charge of about AED 22,500 a year.
Sales and rents for 508 over time
508 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 508 sits
All 132 2-beds →508 last sold in January 2015 at AED 2,639 per sqft, 7% above what two-beds in 29 Burj Boulevard Tower 1 were fetching at the time (AED 2,471). 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. 508's AED 125,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20261 September 2026 | 1,487 sqft | 3,000,000 | 2,017 | ||
| 1 Sep 20261 September 2026 | 1,174 sqft | 2,915,000 | 2,483 | ||
| 27 Jul 202627 July 2026 | 1,231 sqft | 35,605 | 28 | ||
| 6 Jul 20266 July 2026 | 1,231 sqft | 2,850,000 | 2,316 |
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 | ||
| 504 | 1-bed | 838 sqft | AED 1.3MAED 1,300,000 · Aug 2018August 2018 | 62,000 /yr | |
| 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, 29 Burj Boulevard Tower 1 in numbers
- Sold 3 times: first on 29 June 2010 for AED 2,068,888, last on 21 January 2015 for AED 3,050,000 (AED 2,639 per sqft).
- Rented since February 2015 on 9 Ejari contracts. The rent fell from AED 175,000 to AED 88,000 in 2020 and recovered to AED 125,000 by July 2026.
- At AED 125,000 a year the gross yield on the 2015 price is 4.1%, before a service charge of about AED 22,500 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 15 July 2026.
Questions about 508, 29 Burj Boulevard Tower 1
What did unit 508 last sell for?
AED 3,050,000 on 21 January 2015: AED 2,639 per sqft for 1,155 sqft. The unit has 3 registered sales; the first was AED 2,068,888 in June 2010.
What is the rent for unit 508?
AED 125,000 a year on the contract signed on 15 July 2026. The previous contract, from April 2025, was AED 150,000; the unit has been rented since February 2015.
How big is unit 508?
1,155 sqft (107.3 sqm): a two-bedroom apartment on the 5th floor of a 42-storey tower completed in 2013.
What is unit 508 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 508, 29 Burj Boulevard Tower 1
Starts from the last sale price (AED 3.05M, 21 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 3,050,000
- Deposit, UAE resident (20%)
- AED 610,000
- Deposit, non-resident (40%)
- AED 1,220,000
- Monthly over 25 years at 3.7%
- AED 12,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →