1-bed · 1,129 sqft29 Burj Boulevard Tower 2, Downtown Dubai · 16th floor · completed 2013

1608, 29 Burj Boulevard Tower 2

Sold prices and rental history: sold 3 times, last in April 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 29 April 2019
Last soldAED 1.55M29 April 2019
Current rentAED 110K /yr25 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, 29 Burj Boulevard Tower 2

What is 1608 worth today?

Last sold for AED 1,550,000 in 2019

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29 Apr 2019SoldReady
AED 1,550,000AED 1,373 per sqft
25 Jul 2018RentedRenewal
AED 110,000/yr12 months · AED 97 per sqft
25 Jul 2017RentedRenewal
AED 110,000/yr12 months · AED 97 per sqft
25 Jul 2016RentedNew contract
AED 135,000/yr12 months · AED 119 per sqft
15 Nov 2015RentedRenewal
AED 140,400/yr9 months · AED 124 per sqft
15 Nov 2014RentedNew contract
AED 135,000/yr12 months · AED 119 per sqft
29 Sep 2013SoldReady
AED 1,668,000AED 1,477 per sqft
30 Jun 2013Sold by developerOff-plan
AED 1,668,000AED 1,477 per sqft

Source: Dubai Land Department. Updated 29 April 2019.

Key facts

Type
1-bed apartment
Size
1,129 sqft
Floor
16th of 43
Parking
B1-93
Developer
Emaar
Completed
2013
Service charge
AED 22,000 /yr
Last sold
AED 1.55M · April 2019

About 1608, 29 Burj Boulevard Tower 2

1608 is a one-bedroom apartment of 1,129 sqft on the 16th floor of 29 Burj Boulevard Tower 2, a 43-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 29 April 2019 for AED 1,550,000, or AED 1,373 per sqft, 4% below the AED 1,437 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 25 July 2018, is AED 110,000 a year: a gross yield of 7.1% on the 2019 price, before the service charge of about AED 22,000 a year.

Sales and rents for 1608 over time

Sales
Unit 1608, each saleTypical one-bed in 29 Burj Boulevard Tower 2
1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,739,888; 2010 AED 1,975,888; 2012 AED 1,447,444; 2013 AED 1,760,000; 2014 AED 2,017,888; 2015 AED 1,950,000; 2016 AED 1,775,000; 2017 AED 1,737,500; 2018 AED 1,462,500; 2019 AED 1,387,500; 2020 AED 1,180,000; 2021 AED 1,325,000; 2022 AED 1,600,000; 2023 AED 1,675,000; 2024 AED 1,858,000; 2025 AED 2,071,970; 2026 AED 2,000,000Sold by developer, June 2013: AED 1,668,000 (AED 1,477 per sqft)Sold, September 2013: AED 1,668,000 (AED 1,477 per sqft)Sold, April 2019: AED 1,550,000 (AED 1,373 per sqft)

1608 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1608, each contractTypical one-bed in 29 Burj Boulevard Tower 2
100K150K2013201720212025Typical rent by year: 2013 AED 100,000; 2014 AED 115,000; 2015 AED 115,000; 2016 AED 112,000; 2017 AED 107,750; 2018 AED 99,483; 2019 AED 85,000; 2020 AED 73,250; 2021 AED 75,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 110,000; 2025 AED 115,000; 2026 AED 110,000New contract, November 2014: AED 135,000 a yearRenewal, November 2015: AED 140,400 a yearNew contract, July 2016: AED 135,000 a yearRenewal, July 2017: AED 110,000 a yearRenewal, July 2018: AED 110,000 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 2, and where 1608 sits

All 250 1-beds →

1608 last sold in April 2019 at AED 1,373 per sqft, 4% below what one-beds in 29 Burj Boulevard Tower 2 were fetching at the time (AED 1,437). Over the last 12 months one-beds sold for AED 1,750,000 to 2,750,000, around AED 2,282 per sqft, and rent for AED 77,000 to 270,000 a year. 1608's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Oct 20262,000,000
15 Sep 20261,750,000
29 Jul 202646,154
28 Jul 202653,841
17 1-bed sales in the last 12 months

29 Burj Boulevard Tower 2

Building

373 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%
29 Burj Boulevard Tower 2, Downtown Dubai: prices, sales and rents →

Other units on the 16th floor

All 373 units in 29 Burj Boulevard Tower 2
Value
16011-bedAED 2M · Nov 2025
16021-bedAED 1.5M · May 2023
1603StudioAED 1.35M · Mar 2014
16041-bedAED 2M · Apr 2025
16051-bedAED 1.73M · Oct 2023
16061-bedAED 54K · Jul 2026
16072-bedAED 3.2M · Jan 2025
1–7 of 10

1608, 29 Burj Boulevard Tower 2 in numbers

  • Sold 3 times: first on 30 June 2013 for AED 1,668,000, last on 29 April 2019 for AED 1,550,000 (AED 1,373 per sqft).
  • Rented since November 2014 on 5 Ejari contracts, from AED 135,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2019 price is 7.1%, before a service charge of about AED 22,000 a year (AED 19.50 per sqft).
  • One-beds in 29 Burj Boulevard Tower 2 sold for AED 1,750,000–2,750,000 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 29 April 2019.

Questions about 1608, 29 Burj Boulevard Tower 2

What did unit 1608 last sell for?

AED 1,550,000 on 29 April 2019: AED 1,373 per sqft for 1,129 sqft. The unit has 3 registered sales; the first was AED 1,668,000 in June 2013.

What is the rent for unit 1608?

AED 110,000 a year on the contract renewed on 25 July 2018. The previous contract, from July 2017, was AED 110,000; the unit has been rented since November 2014.

How big is unit 1608?

1,129 sqft (104.9 sqm): a one-bedroom apartment on the 16th floor of a 43-storey tower completed in 2013.

What is unit 1608 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 2 sold for AED 1,750,000 to 2,750,000 in the last 12 months, around AED 2,282 per sqft.

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Mortgage on 1608, 29 Burj Boulevard Tower 2

Starts from the last sale price (AED 1.55M, 29 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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