1503, 29 Burj Boulevard Tower 2
Sold prices and rental history: sold twice, last in May 2023, 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 1503, 29 Burj Boulevard Tower 2
What is 1503 worth today?
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Source: Dubai Land Department. Updated 20 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 495 sqft
- Floor
- 15th of 43
- Parking
- B3-223
- Developer
- Emaar
- Completed
- 2013
- Service charge
- AED 9,700 /yr
- Last sold
- AED 1M · May 2023
- Building
- 29 Burj Boulevard Tower 2
About 1503, 29 Burj Boulevard Tower 2
1503 is a studio of 495 sqft on the 15th floor of 29 Burj Boulevard Tower 2, a 43-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 10 May 2023 for AED 1,000,000, or AED 2,020 per sqft, 4% above the AED 1,939 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 20 July 2024, is AED 76,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 9,700 a year.
Sales and rents for 1503 over time
1503 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in 29 Burj Boulevard Tower 2, and where 1503 sits
All 27 studios →1503 last sold in May 2023 at AED 2,020 per sqft, 4% above what studios in 29 Burj Boulevard Tower 2 were fetching at the time (AED 1,939). Over the last 12 months studios sold for AED 700,000 to 1,150,000, around AED 2,576 per sqft, and rent for AED 60,000 to 85,000 a year. 1503's AED 76,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 495 sqft | 1,150,000 | 2,323 | ||
| 14 Jan 202614 January 2026 | 247 sqft | 700,000 | 2,829 | ||
| 28 Nov 202428 November 2024 | 495 sqft | 1,200,000 | 2,424 | ||
| 6 Nov 20246 November 2024 | 493 sqft | 1,200,000 | 2,435 |
29 Burj Boulevard Tower 2
Building373 apartments, studios to 3-bed over 43 floors in Downtown Dubai, completed in 2013 by Emaar. 29 sold in the last 12 months.
- Typical price per sqft
- AED 2,323 Down 2.3%
- Typical sale
- AED 2.25M
- Typical rent
- AED 115K /yr
- Typical yield
- 5.4%
Other units on the 15th floor
All 373 units in 29 Burj Boulevard Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 854 sqft | AED 1.86MAED 1,858,888 · Dec 2013December 2013 | ||
| 1502 | 1-bed | 800 sqft | AED 2.48MAED 2,479,888 · Feb 2014February 2014 | 120,000 /yr | |
| 1504 | 1-bed | 799 sqft | AED 1.43MAED 1,425,000 · Nov 2013November 2013 | 97,025 /yr | |
| 1505 | 1-bed | 849 sqft | AED 1.88MAED 1,880,000 · Sep 2016September 2016 | 100,000 /yr | |
| 1506 | 1-bed | 902 sqft | AED 2MAED 2,000,000 · Jan 2014January 2014 | 107,000 /yr | |
| 1507 | 2-bed | 1,030 sqft | AED 1.87MAED 1,870,000 · Mar 2022March 2022 | 150,000 /yr | |
| 1508 | 1-bed | 1,129 sqft | AED 2.75MAED 2,750,000 · Feb 2026February 2026 | ||
| 1509 | 2-bed | 1,440 sqft | AED 4.15MAED 4,150,888 · Nov 2017November 2017 | 185,000 /yr | |
| 1510 | 1-bed | 828 sqft | AED 1.54MAED 1,535,888 · Mar 2010March 2010 | ||
| 1511 | 1-bed | 1,044 sqft | AED 1.3MAED 1,300,000 · Apr 2020April 2020 | 125,000 /yr |
1503, 29 Burj Boulevard Tower 2 in numbers
- Sold twice: first on 28 October 2009 for AED 1,156,888, last on 10 May 2023 for AED 1,000,000 (AED 2,020 per sqft).
- Rented since April 2015 on 5 Ejari contracts, from AED 95,000 to AED 76,000 a year.
- At AED 76,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 9,700 a year (AED 19.50 per sqft).
- Studios in 29 Burj Boulevard Tower 2 sold for AED 700,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 2,323 per sqft.
Source: Dubai Land Department. Updated 20 July 2024.
Questions about 1503, 29 Burj Boulevard Tower 2
What did unit 1503 last sell for?
AED 1,000,000 on 10 May 2023: AED 2,020 per sqft for 495 sqft. The unit has 2 registered sales; the first was AED 1,156,888 in October 2009.
What is the rent for unit 1503?
AED 76,000 a year on the contract renewed on 20 July 2024. The previous contract, from July 2023, was AED 76,000; the unit has been rented since April 2015.
How big is unit 1503?
495 sqft (46.0 sqm): a studio on the 15th floor of a 43-storey tower completed in 2013.
What is unit 1503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in 29 Burj Boulevard Tower 2 sold for AED 700,000 to 1,150,000 in the last 12 months, around AED 2,576 per sqft.
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Mortgage on 1503, 29 Burj Boulevard Tower 2
Starts from the last sale price (AED 1M, 10 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →