2-bed · 1,336 sqft29 Burj Boulevard Tower 2, Downtown Dubai · 27th floor · completed 2013

2709, 29 Burj Boulevard Tower 2

Sold prices and rental history: sold 4 times, last in December 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2709 · DLD and Ejari recordsUpdated 5 December 2017
Last soldAED 1.3M5 December 2017
Current rentAED 135K /yr10 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2709, 29 Burj Boulevard Tower 2

What is 2709 worth today?

Last sold for AED 1,300,000 in 2017

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5 Dec 2017SoldReady
AED 1,300,000AED 973 per sqft
10 Jul 2017RentedRenewal
AED 135,000/yr12 months · AED 101 per sqft
10 Jul 2016RentedRenewal
AED 135,000/yr12 months · AED 101 per sqft
10 Jul 2015RentedNew contract
AED 150,000/yr12 months · AED 112 per sqft
10 Jul 2014RentedNew contract
AED 143,000/yr12 months · AED 107 per sqft
26 Nov 2013SoldReady
AED 950,000AED 711 per sqft
10 Jul 2013RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
6 Dec 2011SoldOff-plan
AED 950,000AED 711 per sqft

Source: Dubai Land Department. Updated 5 December 2017.

Key facts

Type
2-bed apartment
Size
1,336 sqft
Floor
27th of 43
Parking
B1-16
Developer
Emaar
Completed
2013
Service charge
AED 26,100 /yr
Last sold
AED 1.3M · December 2017

About 2709, 29 Burj Boulevard Tower 2

2709 is a two-bedroom apartment of 1,336 sqft on the 27th floor of 29 Burj Boulevard Tower 2, a 43-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 5 December 2017 for AED 1,300,000, or AED 973 per sqft, 56% below the AED 2,213 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 10 July 2017, is AED 135,000 a year: a gross yield of 10.4% on the 2017 price, before the service charge of about AED 26,100 a year.

Sales and rents for 2709 over time

Sales
Unit 2709, each saleTypical two-bed in 29 Burj Boulevard Tower 2
2M2010201520202025Typical sale price by year: 2010 AED 2,320,888; 2012 AED 2,375,000; 2013 AED 2,750,000; 2014 AED 3,000,000; 2015 AED 2,153,840; 2016 AED 1,237,500; 2017 AED 3,087,500; 2019 AED 2,200,000; 2020 AED 1,700,000; 2021 AED 2,150,000; 2022 AED 2,135,000; 2023 AED 3,012,500; 2024 AED 2,990,000; 2025 AED 3,250,000; 2026 AED 3,025,000Sold by developer, March 2010: AED 2,653,888 (AED 1,986 per sqft)Sold, December 2011: AED 950,000 (AED 711 per sqft)Sold, November 2013: AED 950,000 (AED 711 per sqft)Sold, December 2017: AED 1,300,000 (AED 973 per sqft)

2709 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2709, each contractTypical two-bed in 29 Burj Boulevard Tower 2
100K150K2013201720212025Typical rent by year: 2013 AED 160,000; 2014 AED 180,000; 2015 AED 168,000; 2016 AED 168,000; 2017 AED 161,000; 2018 AED 135,000; 2019 AED 125,000; 2020 AED 107,206; 2021 AED 115,000; 2022 AED 135,000; 2023 AED 160,000; 2024 AED 167,500; 2025 AED 180,000; 2026 AED 160,000New contract, July 2013: AED 130,000 a yearNew contract, July 2014: AED 143,000 a yearNew contract, July 2015: AED 150,000 a yearRenewal, July 2016: AED 135,000 a yearRenewal, July 2017: AED 135,000 a year

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 2, and where 2709 sits

All 94 2-beds →

2709 last sold in December 2017 at AED 973 per sqft, 56% below what two-beds in 29 Burj Boulevard Tower 2 were fetching at the time (AED 2,213). Over the last 12 months two-beds sold for AED 2,200,000 to 4,000,000, around AED 2,345 per sqft, and rent for AED 65,000 to 298,000 a year. 2709's AED 135,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Oct 20262,750,000
15 Sep 20263,025,000
15 Sep 20263,050,000
14 Sep 20262,380,000
9 2-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 27th floor

All 373 units in 29 Burj Boulevard Tower 2
Value
27011-bedAED 1.92M · Jul 2025
27021-bedAED 1.57M · Mar 2010
2703StudioAED 1.17M · Oct 2009
27041-bedAED 784K · Jul 2020
27051-bedAED 1.72M · Apr 2017
27062-bedAED 3.38M · Feb 2014
27072-bedAED 3.2M · Jan 2022
1–7 of 8

2709, 29 Burj Boulevard Tower 2 in numbers

  • Sold 4 times: first on 2 March 2010 for AED 2,653,888, last on 5 December 2017 for AED 1,300,000 (AED 973 per sqft).
  • Rented since July 2013 on 5 Ejari contracts, from AED 130,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2017 price is 10.4%, before a service charge of about AED 26,100 a year (AED 19.50 per sqft).
  • Two-beds in 29 Burj Boulevard Tower 2 sold for AED 2,200,000–4,000,000 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 5 December 2017.

Questions about 2709, 29 Burj Boulevard Tower 2

What did unit 2709 last sell for?

AED 1,300,000 on 5 December 2017: AED 973 per sqft for 1,336 sqft. The unit has 4 registered sales; the first was AED 2,653,888 in March 2010.

What is the rent for unit 2709?

AED 135,000 a year on the contract renewed on 10 July 2017. The previous contract, from July 2016, was AED 135,000; the unit has been rented since July 2013.

How big is unit 2709?

1,336 sqft (124.1 sqm): a two-bedroom apartment on the 27th floor of a 43-storey tower completed in 2013.

What is unit 2709 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 2 sold for AED 2,200,000 to 4,000,000 in the last 12 months, around AED 2,345 per sqft.

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Mortgage on 2709, 29 Burj Boulevard Tower 2

Starts from the last sale price (AED 1.3M, 5 December 2017). 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 →